Were gettg a look at the u. S. Coast guard stopping smugglers on the high seas. Nbeuspect incredible vi drug smugglers hiding 17,000 pounds of cocaine. Heres abcs pierre thomas. Reporter what youre looking at is a coast guard Interdiction Team in hot pursuit of suspected drug smugglers. A crew member screaming in spanish stop the boat. That boat on the run, a submarinelike vessel called a semisubmersible designed to keep a low profile. It had been spotted by a marine patrol aircraft hundreds of miles off the coast of the ecuadoran colombian border in the eastern pacific. Waves crashing, the coast guard finally pulling alongside. A member of the team dressed in Tactical Gear boards the vessel. Then pounding on the hatch demanding that the smugglers surrender. Inside the coast guard discovers five suspects and in excess of 17,000 pounds of cocaine worth an estimated 232 million. The same week that cocaine was confiscated in june, u. S. Authorities discovered this ship in the atlantic car
[gavel] committee will come to order. Without objection the chair to declare recrest of the committee at any time. This hearing is entitledle policy and the state of the economy. I now recognize four minutes to an opening statement. Today we convene on Monetary Policy and the state of the economy. Chairman powell, welcome back. Oday i would like to start by addressing the current elephant in the room when it comes to policy and the fed. This president has made it clear or he has no understanding respect for the independence of the Federal Reserve. Doesnt d the fed, have a clue. Most lled at this time difficult problem for the u. S. Hes ing to media reports discussed firing chairman powell just as hes fired others he with. Not agree lets be clear. It is essential that the federal maintain its executive e from the branch. So i urge chairman powell and other Federal Reserve board overnors not to submit to the High Pressure tactics of this president who continues to push economic nd harmfu
And the state of the economy. The committee will come to order. The chair is authorised to declare recess at any time. This hearing is called Monetary Policy and the state of the economy. I would like to start by addressing the elephant in the room. This president has made it clear that he has no understanding or respect for the independence of the Federal Reserve. Doesnt fed, have a clue. Most lled at this time difficult problem for the u. S. Hes ing to media reports discussed firing chairman powell just as hes fired others he with. Not agree lets be clear. It is essential that the federal maintain its executive e from the branch. So i urge chairman powell and other Federal Reserve board overnors not to submit to the High Pressure tactics of this president who continues to push economic nd harmful and social policies. Another issue i hope chairman powell will address is facebooks recently announced with 27 other crip toe to develop a currency and digital wallet. And others have raised
Cooler, mid 50s to around 60 at 7 00. As we go through my 12 hour planner, were nearing 80 inland by noon with 60 to 70 coast and bay. Near 80 to 90 by 4 00. Sunshine and warmer temperatures today and all the way through the weekend. Ill have that coming up. First heres alexis. Good morning, were looking good so far this morning. Weve only had a couple issues on the board and those have cleared. So knock on wood were incident free for the moment. Looking at roadwork on the Richmond San Rafael bridge. Looks like its contained to the shoulder area. Were not seeing main lanes blocked on westbound 580. Eastbound side looks good as well. Mass transit looking good this morning. 11 b. A. R. T. Trains in service. Ace 1 out of the Central Valley on time and so far so good for capital corridor, normal service, no delays. Our state representatives could pass a bill today that would totally change the way wildfires are paid for in the future. In fact, it would shield electric companies fr electr e
Sex offender Jeffrey Epstein. Now a florida prosecutor at the center of the case is coming forward to say acosta is not telling the truth. International murder mystery. The manhunt now under way after that american scientist and mother of two was found in greece in that cavelike bunker. Coverup controversy. The texas doctor saying she was humiliated on a plane, told this outfit was inappropriate. Forced to wear a blanket to get on board. Shes now telling her story on gma. Great white wonder. The scientists saying wind and weather could be driving shark attacks. An abc news exclusive this morning. Our will reeve right there on the water. Oh. Got it. And what a night at the espys. The world cup champs crowned queens of the night. Former duke star Zion Williamson on top and what saints quarterback drew brees said about his wife that got dwyane wade in trouble. I can blow your mind and good morning, america. Hope you all are doing great this thursday morning. What a night at the espys. I w