incredibly important for policymakers and for washington. look, we ve got consumer confidence numbers tomorrow, i mean, they could be really rotten. we know that people feel terrible about where the economy is going, a lot of people feel like they are already in a recession already. terrible consumer confidence. we will get those numbers. on wednesday we have a federal reserve interest rate hike expected, we are expecting another 75 basis points. that s big. we saw that in june, 75 basis points that was the biggest move since 1994, we re expecting that again. why? because the fed is trying to tamp town on inflation. that s going to be incredibly important to watch. we will get the first reading on second quarter gdp that comes thursday and that s expected to be negative again and that would mean as you guys just said two quarters in a row of negative growth. that s a big slowdown from where we saw at the end of last year 6.9%. but gdp alone is not the only gauge of whether we
Good day to our viewers in the United States and around the world, im kasie hunt. Its monday, october 23rd, 5 00 a. M. On the east coast. New in gaza, where israels military said they struck in air strikes overnight. Killing at least 25 people. Hamas said their fighters also clashed with israeli troops inside gaza. A senior israeli official tells cnn there will be no ceasefire. Idf troops are amassing at the border, but israels Ground Incursion hasnt begun. While the u. S. And qatar hope to free more than 200 hostages held by hamas. 4600 have died and the humanitarian crisis is worsening by the day. Meantime, israel has agreed to the u. S. Request to demand humanitarian aid into gaza. When i hear the stories when i see the pictures, of Young Children who have lost their lives in this conflict that hamas is making, whoever they are, wherever they are, whether theyre palestinians, whether theyre israelis. Whether theyre jews or muslims, it hits me, thats why its so important to do Everyt
Thats what u. S. Bank is for. Huge relief. Yeah. Good morning. 11 00 a. M. Eastern, 8 00 a. M. Pacific. Im jose diazbalart alongside my friend and colleague ana cabrera for a second hour of Special Coverage. Were following two major stories this morning. And right now the fate of the House Of Representatives is up for grabs with another vote to decide the next speaker of the house. Beginning any moment now, we have live pictures of the house floor we want to show you, where jim jordan is trying to convince a group of holdouts to cast their vote for him after his attempts to secure the speakership yesterday ended in failure. 20 republicans voted for someone else. This is all happening as President Biden is wrapping up his visit to israel to show the United States support among israels war with hamas. Were also keeping an eye on beirut, lebanon, where a scene of protests and some violence is playing out as propalestinian protesters gather outside the u. S. Embassy in the lebanese capital
Chris jansing reports starts right now. Good day, i am Chris Jansing live at msnbc headquarters in new york city. You have been following this step by step. Deja vu all over again on the house floor. A new vote for speaker once again ending in a deadlock as jim jordan comes up short. In fact, he actually lost ground when compared to the first round. 22 republicans opposing jordan this time compared to 20 yesterday. Two members, doug lamalfa and Victoria Sparts flipped and supported him. Four others went in the other direction, securing the defeat not just for congressman jordan but arguably for the far right as a whole. Now what . Joining us nbcs ali vitali on capitol hill, and steve kornacki, brendan buck an aid to former republican speakers paul ryan and john boehner whos an msnbc political analyst, and david drucker, Senior Writer at the dispatch. Okay, al what now . What are the conversations . What happens . Reporter once again, back to the drawing board, chris, and were waiting t
He is not only focused on one thing. I dont know anybody thats done more to highlight and talk about the border disaster that is underway right now as we speak. I had the privilege of serving here when jeh johnson was secretary of homeland security. I have a very high opinion of jeh johnson. I think he is one of the finest Public Servants i ever met. He was asked on one occasion to define what was a crisis on the southern border. He said any time you have more than 1,000 illegal entries a day, you have a crisis. We have 10 or 11 times that every single day. In that tide of humanity thats coming across, there is a boatload of fentanyl coming to kill Tens Of Thousands of all of our constituents. There are Human Traffickers who are taking advantage of young men and young women and, frankly, predators in our own country, and they are bringing them across, not by the tens or 20s or dozens, but by the hundreds and the thousands. There are amongst that flow of people, people that wish us ill,