the conversation was pretty heated. i remember hearing the word wimp, he called him a wimp. i don t remember if he said you are a wimp. it was a different tone that i had heard him take with the vice president before. these pictures of pence never seen before, the vice president being hidden by the secret service in an underground garage under the capitol, reading the president s tweet that said that pence lacked courage to overturn the election. that tweet helped inflame the mob, a mob that had come within 40 feet of the vice president when he was making his escape. markets are mixed today after thursday s disastrous day on wall street and president biden gets defensive about economists predicting a recession. two american veterans fighting in ukraine have gone missing, along with a possible third who volunteered to fight the russians. we will have the latest from kyiv. follow the money, nbc justice correspondent pete williams retracing the steps of the watergate bre
the president s visit comes as his administration is facing mounting pressure following this, you know, 41-year inflation high that we re seeing and a huge surge in gas prices. the nation s national average for gas, $5.02 a gallon now. all of this as a key inflation measure slowed slightly last month. also this morning, the white house is now confirming that the president will be traveling to the middle east, specifically to israel and saudi arabia, in july. we re also learning his visit will include a meeting with the saudi crown prince, mohammed bin salman. remember, president biden had previously called the kingdom a pariah for its role in the killing of washington post journalist jamal khashoggi. that was before he became president. we ll have much more on that in a moment. plus, the january 6th committee is postponing now a hearing that was scheduled for tomorrow. a member of the committee saying this was due to technical issues. we ll be live on capitol hill with
congresswoman nancy mace. we want someone who will represent faith, family and freedom, that is why donald trump endorsed me and this district on june 14th will endorse me in the ballot box. i have a great record, i never voted to raise taxes. my opponent voted for the gas tax. when you say joe biden did that, arrington helped them. todd: you will want to stick around. congresswoman mace will join us and so will reporter lawrence jones who is having breakfast with south carolinans. carley: sam brown for the gop senate nomination, the winner of the race will determine who runs against incumbent catherine cortes-maesto. we will beat the senator in november. we re not relying on surrogates from dc to rescue you in the primary. i put in sweat equity and that is what we need to flip the state. todd: in north dakota, john hogan expecteds to win his third term. democrat governor janet nelwell,s looks to lockup today, will face former governor paul, who came out of reti
charles. let me start with this stat. even with the small gain that you re seeing on the dow, it s the first eight-week losing streak for the dow jones industrial average in 90 years. since 1932. you re correct as wells that the s&p 500 did touch the bear market territory. that was significant. bear market territory is when the index is down 20% from its highs. the selling on wall street continues as investors are worried about inflation, the consumer and a recession. the concern of course is that the fed can t tamp this inflation down quickly enough and that the consumer will just have to go without nonessentials to pay for essentials. that means that the economy will eventually take a big hit. if that doesn t do it, the flip side is that rate hikes, they re coming and they will put us into a recession as well so many investors, analysts and company ceos are pointing the finger at bidenomics, excessive spending, regulation and money printing as the causes of what put this co