raise rates another quarter of a percent, which could complicate the sale of first republic and add to some concerns there on wall street. joining us is katherine rampell, she s an opinion columnist for the washington post. katherine, great to see you. what do you think about what is happening tonight with first republic, and might the fed s decision hinge on what happens with this first republic auction? i mean, i suppose you might see a scenario where we don t get an auction tonight or it doesn t end with the sale of first republic bank. wall street gets a little ery morrow, and that might affect what the fed does. what do you think?e already discussed, what the resolution is with first republic bank. if, in fact, it will go into receivership and kind of be sold off for parts, if there s going to be a white night who steps in and agrees to take on not only the deposits in the bank, but
this week. and so, you know, more anxiety about the fragility of the financial system will complicate those discussions. yeah, they ve got to think about how much stress this system can take, as they try to curtail inflation. catherine rampell, great to talk to you. thank you so much for breaking that down for us. really appreciate it. there could be thousands of american citizens stuck in sudan. one of them is a woman who went there to visit family. she shares her story with cnn next. later, abortions and elections. how republicans are being told how to handle the controversy. plus, incredible video shows a tornado tossing a car into the air like it was a toy. take a look at this. what happened to the people in this footage, it s incredible stuff. we ll show you in just a little bit. stay with us. you re live in the cnn newsroom. okay everyone, our mission is complete balanced nutrition. together we provide nutrients to support immune, mumuscle, bone, and heart health. yaaay
marginalized communities. it s like opening the gates of hell. we have katherine rampell and scott jennings with us now. hello to both of you. some people may say this sounds like hyperbole. but twitter is powerful when it comes to messaging and influence, and it does have consequences. yeah, i mean, i think reasonable people can disagree about what a content moderation policy should look like. one person s fake news is another person s free speech. i m not sure that pre-musk twitter necessarily got the balance exactly right. the problem is, that elon musk now is encouraging his users to cross the line, essentially. to become more hostile. and potentially harass people more. so long as it doesn t break the
rising prices. abroad, it s helping ukrainians defend their democracy and feeding those who are left hungry around the world because russian atrocities exist. katherine rampell is an opinion writer for the washington post and with us this hour from new york. kath katherine, good to see you. great to be here. president biden stopped at an illinois farm wednesday to talk about food prices and the impact of the war in ukraine. when he was asked about the latest inflation numbers. here he is. what do you make of the new inflation numbers out today? got a lot more to go. yes, they are overall going down and particularly the cost of clothing and appliances, communication, as well, but costs are still soaring for what is known as core inflation, so, what is core inflation and why is that such a concern? core inflation is supposed to be the components of what consumers buy that s a little less volatile. so, it s basically everything except for energy prices and
it s closed to a century level. not there but close. if we do have a recession, hopefully it would be mild, it would be brief. but there are so many unknowns at this point, particularly because we ve gotten this once in a century pandemic plus again a number of spells of bad luck. katherine rampell, thank you for joining us and for rolling with the construction noise behind you. i m sorry about that. good things are happening. thank you. news just in from the supreme court justices who issued an opinion dealing with the first amendment rights of religious groups. jessica schneider following this it stems from an event in boston where a christian group wanted to raise a flag outside city hall. how did the court fuind? the court find that the city