we start with the bombshell new details in the justice department s investigation into the capitol attack. nbc news confirming with an administration official that the doj has been asking questions about former president trump s actions leading up to january 6. the official adds there is not a criminal investigation of mr. trump himself. nbc news reached out to a trump spokesperson for comment. the doj is not officially commenting on the story but in an exclusive interview with lester holt attorney general garland states that no one is above the law. we will hold accountable anyone criminally responsible attempting to block the peaceful transfer of power. that conversation between merrick garland and lester holt. we want to bring in pete williams, charlie savage, chuck rosenberg. we have a great group to get us started. pete, confirming the questions asked related to donald trump s actions on that day and leading up to that day. what specifically do we know? what is the f
automakers. we would be in a vastly different place were it not for the pandemic and the war. the fed has a blunt tool and few other instruments to use short of building supply up and increasing the supply of labor in the united states to bring down costs and wage inflation. the fed will raise rates. the real risk is doing too much they tip us into a recession. lindsay, you are at a car dealership in jersey. you spoke to the manager. seeing customers. what did they talk about the pressures the customers are facing? reporter: it is a lot right now. if tom is the mentee i don t know what that makes me but going back to the price we all pay we have not only a semi conductor shortage. also we have the interest rate hikes affecting what you pay
deteriorating? some of it is strategic, joy. the idea that russia and china were together against the west when russia had been supporting china in it s expansion in the east. president xi has to try to thread the knee l between maintaining a relationship with the largest neighbor saying it is still a friend of russia while also condemning the attacks in ukraine and not being seen as supporting that. now, china does have a significant amount of u.s. debt. it is technically $1 trillion in u.s. treasury, the largest foreign bank. they have leverage over us and the leverage of the u.s. takes more imports of all of the consumer goods, the semi conductor shortage is largely because of supply chain and production issues in china so they have deeply embedded economic dies with the united states so they think they if
the next generation of semi conductor products will have a major military force on the global stage. can you imagine a military conflict or any other cause that would block the 90% of semi conductors made in the world that come from asia? it would be an economic catastrophe. bipartisan measure in congress which the white house also supports called the chips for america act. it would spend more than $50 billion on the american semi conductor industry including billions in tax credits and research. congress has yet to allocate the money for it. for american consumers there is a more immediate issue, a massive global semi conductor shortage along with the shortage of everything else thanks to produce problems, massive post pandemic orders and supply chains that have become problematic. the commerce department says it s working trying to identify the issues with the supply chain. when it comes to semi conductors commerce department officials say the answer is to