there live. with eight days to go with a possible default, wall street is getting nervous again. stocks down again. will the markets get washington to act? welcome, everybody. i m neil cavuto. let s cut to the chase. what we re hearing in washington with chad pergram who has more. chad? good afternoon. kevin mccarthy reiterated today that people should not worry about their stocks. the path to an accord is unclear. the sides talks again today at the white house. i don t think there will be a default. i don t know how you blame republicans. we re the only ones that acted. so if the american public didn t if they get rewarded for not taking an action and reward ago problem, the democrats will win that award every day. mccarthy says he trusts janel yellen that early june is the deadline. some conservatives are not sold. some down played an economic catlism. there s not some catastrophic day of june 1. oh, we ve hit the limit. markets will get jittery. they go up and do
rather have, they want the plant back with everything it had or what you re going to have. i will be dumbfounded if you find anybody other than for pure sentimental reasons saying i d rather have the coal plants. i ll end by telling you another quick story. when we moved from scranton, when coal died in scranton, everything died in scranton. my dad was a coal miner and my grand grandfather was a mining engineer. my dad was in sales. there was no work. we left to go to delaware where the oil plants were. but i remember driving home when you take the trolly in scranton going out north washington and adams avenue. within 15 blocks we didn t live in the neighborhood. the most prestigious neighborhood in the region in the town where the scrantons and other good decent people live. there was you d go by a wall that my recollection is was somewhere between 15 and 18 feet tall. it went from essentially a city block. you can see the coal piled up to the very top of the wall from i
teachers to walk off the job. and not even the teachers unions are immune from being struck against. 48 field employees with the national education association voted this week to authorize a strike. over at the other major teachers union, american federation of teachers president posted on x, formerly twitter, article with the headline what s behind the increase in home schooling. she says it s because of gun violence, bullying and a lack of services for special needs students. but a lot of people in the comments pointed out also because of powerful teachers unions pushing for school closures during the pandemic and pushing for progressive curriculum. so, i guess school s out for november over there in portland. sandra: oh, man, we ll be watching that. thank you. right now by the way, as we top a brand-new hour here, president biden sitting down with xi jinping the first time in a year, and a lot of catching up to go. live shot of the balloon going down. it has been
Santa rosa around these gangs. Reporter crimes date back to 2002. Fbi says the investigation into the hells angels, far from over, still ongoing. Live in San Francisco. Story well keep following. Thank you. Prosecutors in the kate steinle murder trial spent 70 minutes on closing arguments to jurors this afternoon. Abc7 news was in the courtroom. Prosecution told jurors he went to pier 14 because targetrich environment and pointed gun at steinle and pulled the trigger. Defense claims he found the gun and fired it accidentally. Verdict could be released anytime after closing arguments wrap up. Download the abc7 news app for latest updates and enable push alerts for latest news. Attorneys representing hundreds of victims of the Las Vegas Mass Shooting filed lawsuits. Five lawsuits, each claiming the gunman not only party at fault. Kristen sze with details. It was deadliest mass shooting in modern u. S. History. 58 dead, plus gunman, and more than 500 injured on the vegas strip. Filed laws
Committee will come to order. Without objection, the chair is authorized to declare a recess of the committee at any time and all members will have five legislative days within which to submit extraneous materials to the chair for inclusion in the record. This hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governors of the Federal Reserve system on Monetary Policy and the state of the economy. I now recognize myself for three and a half minutes to give an Opening Statement. Notwithstanding the greatest monetary and fiscal stimulus in your nations history, the economy has limped along for eight years, arch averaging only 1. 6 gdp growth. Savings failed to recover from the 2008 financial crisis. A new phrase was coined by leftleaning academics in an attempt to rationalize the phenomenon, namely secular stagnation. A far more accurate and descriptive phrase, though, is high taxes and heavyhanded regulatory policy. Fortunately, with the electi