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Transcripts For MSNBC Hallie Jackson Reports 20240707

there to receive her body. with me now is kier simmons, tim york. kier, glad to have you with us at this really somber and emotional moment for people in the uk who are now for the first time seeing the queen arrive to a place that she called home for decades. reporter: that s right. i just drove along that same route that the queen s hearse, the state hearse, glass windows to make it easier for people to see the coffin as she passes by. i just drove that route and people were lining the route, waiting in silence with umbrellas. very british scene. as they waited for the queen to say good-bye for one last time. just think about this. here on the streets of london, many londoners have experienced seeing the queen go by. coming here to celebrate, possibly for her 70th anniversary. but for all of them now, this is the last chance. this is the last time that there will not be another time after this week and i think that we re looking at now is her hearse passing down. i think

Transcripts For MSNBC Hallie Jackson Reports 20240707

campaigning, elections set to show much of a grip donald trump still has on the gop. our correspondents are standing by live later on in the show. i m hallie jackson with you on this monday afternoon in washington. so let s get right to ken delainian and danny. ken, we haven t heard from guy during the trial. he didn t testify on his own behalf. he wasn t expected to make a statement today, but that has changed and he s now going to speak, we understand. reporter: yeah, the latest twist in a day that s been full of them here, hallie. earlier, guy reffett was trying at the defense table as his daughter was testifying in his defense and talking about his mental health issues and trying to blame what happened on donald trump. and after that, the justice department suffered a major setback when the judge ruled against imposing a so-called domestic terrorism enhancement on the sentence, which is the first time the doj tried to do that, saying that this conduct was domestic terro

Transcripts For MSNBC Hallie Jackson Reports 20240707

said for the year. absolutely, and a lot of the story since the market opened this morning, the dow jones currently down 800 points, about 2.7%. if it stays at that level, through the market close, in about an hour, that would be the lowest level that we ve seen the dow in 2022, and what has already been a brutal year for markets. and the big reason for all of this, have to rewind back to wednesday when the federal reserve, the nation s economic steward raised interest rates for the fifth consecutive time this year. that s to try to raise borrowing costs, to take some steam out of an overheating u.s. economy and which has led to the high inflation that we ve seen. the concern though, that the federal reserve is going to have to slow the economy too much, to get ahead of that high inflation. the fed chair jay powell saying earlier this week he s not sure if this process leads to a recession. that s why you have some on wall street calling for and projecting an increase in th

Transcripts For MSNBC Chris Jansing Reports 20240707

worth of his holdings, something with major implications for his taxes and the future of his company. but facedith those questions, he s decided not to talk. in a statement, trump said, quote, i once asked if you re nocent why are you taking the fifth amendment. now inow the answer to that estion. when your faly, your company and a the people in your orbit ve bece the targets of an a defense of donald trump by undermining the government using unsubstantiated allegations. trump s own lawyers were doing that just yesterday suggesting that fbi agents searching trump s home were breaking the law. this is a joke. i m concerned that they may have planted something. at this point, who knows? i don t trust the government and that s a very frightening thing as an american. i don t think they would go to the extent of trying to plant information, i think they just make stuff up and come up with whatever they want. that s the way they will have to proceed. they don t have anything.

Transcripts For MSNBC Hallie Jackson Reports 20240707

beforehand, and it was essentially a diatribe against new york state attorney general letitia james accusing her of being biased against him and conducting a politically motivated witch hunt for political gain. he acknowledged he said in the past that if you re innocent, you have no reason to take the fifth amendment. he said recent events in his life have caused him to change his tune including the recent fbi raid search of his compound in mar-a-lago, florida. he said it just made no sense for him to cooperate in any way with this civil fraud investigation. what s interesting about it is his son, eric trump, we re told took the fifth amendment more than 500 times in a deposition in this very case back in 2020. but more recently, his daughter ivanka and other son don jr. we re told did testify and answer questions in this investigation which is about whether the trump organization committed fraud in its representations to banks and insurance companies. leticia james has alr

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