christina, let me start with you with nuts and bolt, where do things go from here and what we re seeing in the market so far. that had been a question mark. i guess i should reference your song. i saw the sign. they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. you re seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed course and became more aggressive once they received the inflation data we got last friday showing our prices have climbed 8.6%. that s the highest we have seen since 1981. because of that big jump in inflation, the fact it s continuing to climb higher, the fed needs to get more aggressive and seems like they are most likely going to continue on this trajectory even a month from now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had to say
threats against lawmakers, all as the insurrection was about to begin. there s no escape, pelosi, schumer, nadler. we re coming for you. we re coming in like white on rice for pelosi, nadler, schumer, even you, aoc. we re coming to take you out. we ll pull you out by your hairs. how about that, pelosi? might as well make yourself another appointment. when i get done with you, you re going to need a shine up on top of that bald head. and that s not just another trump fan recording their own crimes or what would later be trespassing, the january 6 probe is linking him to a controversial capitol tour led by an incumbent republican congressman on insurrection eve. this is the surveillance video from that day. it is now evidence in the probe to how planned this attack was and if there was help on the insi the same man threatening to, quote, take out lawmakers with that eerie confidence about how far his plans might go appears to be inside the capitol doing what looks like reco
another prisoner swap? then, the same kind of technology used for the best covid vaccines, mrna, is showing promise in treating other conditions, including some cancers. welcome to the lead. i m jake tapper. we start with our money lead. prices are up and the stock market is down. president biden is trying to put a positive spin on the economy, today insisting that tackling the worst inflation the u.s. has seen in decades remains a top priority. during a speech in front of the afl-cio in philadelphia, the president touted his administration s coronavirus relief efforts, record new job creation, and low unemployment levels. sure, but that s likely little consolation to the millions of americans paying record prices for everything from food to gasoline. especially as many economists predict the federal reserve will drastically hike interest rates tomorrow to try to get control of the inflation. president biden will try to address one of those crises, gas prices, now avera
responsible for khashoggi s murder. she was asked several times by cnn, by a colleague of ours at the washington post, and she wouldn t give a direct answer. i mean, we have spoken to this before. the president is focused on getting things done for the american people. the question that i asked, though, does he believe that mbs was responsible for khashoggi s death? the murder of jamal khashoggi was something that we and so many others around the world took very, very seriously. he issued an extensive report on khashoggi s murder. go ahead. i have already answered the question. now, the white house has emphasized that when the president goes to saudi arabia, that there are going to be human rights issues that are discussed, though it has been pretty reticent to answer questions about whether khashoggi s murder itself is going to be specifically addressed. and jake, we re hearing now from democrats including some of the pred s allies, basically saying this trip is a
stolen by fraud. that was testimony from former attorney general bill barr, played during the second hearing into the attack on the capitol, saying donald trump was detached from reality, as he tried to overturn the 2020 election. we will have the key take-aways from day two of testimony. plus, after yesterday s intense sell-off, stock futures are in the green so far this morning. as investors brace for a larger than expected interest rate hike. we ll have the latest read on the economy. and the race to turn that bipartisan compromise on gun safety into law and the process of writing the bill hits a snag. good morning. and welcome to way too early. on this tuesday, june 14th. i m jonathan lemire. thanks for being with us. we begin today with the second hearing into the january 6th attack on the capitol. the house select committee made the case yesterday that donald trump had an inner circle of advisers telling him the truth, that the election was not stolen, but t