transition from recovery to stable steady growth and bring down inflation. the president laying out a three-part plan of giving the fed the space to act, finding ways to lower prices, boost production, and address supply chain problems. and reducing the deficit. but the biden administration under intense scrutiny on whether it did too little too late to proactively tackle inflation. last summer, the president predicted that inflation would be a temporary problem. by late november, fed chairman powell acknowledging that inflation is not transitory. it s probably a good time to retire that word and try to explain more clorely what we mean. trying to reassure the public the central bank is sympathetic to u.s. consumers concerns. we understand completely what they re going through. now the biden administration signaling there is light at the end of the tunnel. russia s war on ukraine disabled not only gas prices and food prices but also disrupted supply chains. we didn
about the path inflation would take when she downplayed the risk a year ago. stand by for the full exclusive interview. and ukraine says russia now controls most of the key eastern city, kremlin forces gaining more ground, and blasting homes and communities into rubble. we want to welcome our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the texas school massacre, one week after the attack. tonight, we re getting new clues about what police knew about the threat posed by the gunman and when they knew it. cnn s ed lavendera is on the scene for us in uvalde. tonight, as questions mount around the law enforcement response to the deadly school shooting in uvalde, texas, we re hearing chilling new accounts from what was happening on the inside. are you injured? i got shot. where? that audio was taken by a man who spoke to cnn but didn t want to be publicly identified. a facebook live video includes
at least to catch tom cruise s top gun maverick. the sequel to the kind of cheesy 1986 blockbuster has made an estimated $156 million for its four-day opening weekend. boosting hopes for summer cinema rev revival. that s the highest opening ever before or after covid for a memorial day weekend. congratulations. our coverage continues now with wolf blitzer right next door in the situation room. i ll see you tomorrow. happening now, new video from uvalde, texas, appears to capture a child telling law enforcement, i got shot. a full week after the school massacre, there are now growing questions about police failures and delays. and victims families are demanding answers. also tonight, as gas prices here in the u.s. hit a record high, treasury secretary janet yellen tells me she was wrong