unintentional conflict that leads to perhaps an unintended escalation. leave a minute at the pentagon for us, thanks so much joining us now. in a rare joint interview chairman the top republican and the uh, ranking member, the top democrat on the house select committee on intelligence chairman mike turner of ohio and ranking member jim himes of connecticut. thanks to both of you for being here, i appreciate so you ve been vocal about the us needing to maintain a presence in the black sea. it sounds as though from orange reporting that the us has decided to back off a little. do you agree with that decision, and i hope it certainly it s temporary. the key is that we have to gain intelligence from the area to be able to give the information to the ukrainian so they can defend themselves, but also to get an understanding of what russia is doing in the area of crimea is an area where they re doing a massive build up and it s where they re operating the war. obviously that scenario where we
quarter point. the goal of this historic right hiking campaign by the fed, they say. is to reduce inflation and to avoid a recession. but the fed also acknowledged this rate hike could put more than a million americans out of work by the end of this year and raising interest rates. we should note has also been a factor in the current banking crisis, lowering the value of treasury bonds, setting off a domino effect of banking problems. today s move by the fed means americans will have to pay more for houses for cars for anything you charge on your credit card. cnn s matt eagan is at the federal reserve for us and met walk us through what the fed s decision will mean for the economy and for consumers. well, jake today the federal reserve made clear that in their eyes, public enemy number one remains inflation. that s why they went ahead and raised interest rates for the ninth meeting in a row, lifting benchmark rates to the highest level since 2007 now this is
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more questions and turn over more documents as part of the criminal investigation into whether trump mishandled classified documents. what does this mean? for the case that s next plus series of russian strikes targeting the ukrainian town. zap arreaza children among the victims. why this town and why now? cnn is live in the residential area just hit and an all out search this hour for a high school student accused of shooting. two staff members at his school. how a pat down on the student led to shots being fired. welcome to the lead. i m jake tapper. all that news and we re going to start with our money lead the economic decision today that could affect every single american right now. the dow is closing more than 500 points down after the federal reserve announced its ninth consecutive interest rate hike, this time raising rates by a
based on the charges as we understand them now, based on a bookkeeping failure relating to a 6.5 year old payment of hush money, i think people will question whether that s worthy of such a momentous decision, especially given the possibility that there are much more substantial charges ahead relating to january 6th, right. and now that we ve heard this breaking news in the documents case, which do you think is a bigger legal issue for donald trump stormy daniels ah, or the classified documents potentially again. no child. no charges have been filed in either one. but potentially which one do you think is, um i m big, bigger hassle for donald trump. i guess if i was donald trump s lawyer, i would be worried about the three big cases really? in this order. i think the january six cases the most serious and the biggest threat that includes fulton county, georgia and doj, and i think the mar a lago. classified documents would be in second place, and i think in a distant third would be the