Other economic policies. His is almost an hour. Mr. Powell good afternoon veryone and welcome. My colleagues at the Federal Reserve and i are dedicated to serving the american people. We do this by steadfastly pursuing the goals that congress has given us, stable employment and we are committed to making the best decisions we can based on facts and objective analysis. Today, we decided to lower Interest Rates. We will keep the u. S. Economy strong in the face of notable developments and provide assurance against ongoing rifpks. The u. S. Economy has continued to perform well. We are into the 11th year of this expansion and the outlook remains stable. 2. 5 . Nomy grew at Household Spending supported by a job market and Consumer Confidence has been the key driver of growth. In contrast, Business Investment and exports have weakened and falling manufacturing output. The main reasons appear to be Slower Growth abroad, two sources of uncertainty we have been monitoring. Since the middle of
Lukas good morning and us this midday. The battle to replace Supreme Court Justice Anton scalia is shaping up to be a monumental fight both in washington and on the campaign trail abcs jon karl is at the white story. The partisan battle over replacing Justice Antonin scalia came fast and furious. After the supreme scalias death Majority Leader Mitch Mcconnell declared . This vacancy should not be filled until we have a new president. Senator Marco Rubio Senate shouldnt even start the who president obama nominates last year, within the the president s term, we should not be appointing Supreme Court justices. Now, the president can go whoever he wants, move forward on it election. But president obama, who called scalia a brilliant legal mind made clear he would move forward. Sot obama i plan to lfill my Constitutional Responsibilities to nominate a successor in due time. But republicans in congress are vowing to run out the clock until that has democrats up in arms. Sot Chuck Schumer thi
Pick up and leave out of the abyss. And triumph over tragedy. Abyss three months after terrorists killed dozens of people at the bataclan theater in paris, the band eagles of death metal is taking the stage once more. Good morning from the studio 57 newsroom at cbs news headquarters in new york. Good to be with you. Im annemarie green. The sudden death of Antonin Scalia sparked a debate over nominating his successor. Senate republicans are digging in their heels, promising not to consider a nominee until a new president is elected. Don champion is in washington. Don, good morning. Reporter good morning, andmarie. Fierce battle lines are already drawn over president obama nominating a successor for scalia. The legal battle already taking shape, it is clear the Supreme Court could be shorthanded for sometime. A white hearse carries the body of Antonin Scalia in texas on sunday bound for virginia at the request of his family. The 79yearold Supreme Court justice passed away suddenly over t
32 percent of the vote with rubio in 2nd place. Reporter truck came out at head of ted cruz and marco rubio. Man i want to begin by thanking the people of south carolina. Reporter jeb bush finished in the bottom 3. The people of iowa and New Hampshire have spoken so tonight i am suspending my campaign. Momentum heading into super tuesday on march 1. Man the son of a bartender animated from cuba stands before you as a candidate for the president of united states. Reporter donald trump will try to make it 3 in a row on tuesday. Anchor Hillary Clinton took the Nevada Democratic caucus. Reporter she savored her victory over bernie sanders. Woman im so thrilled and grateful to all my supporters reporter entrance polls supported some concerns with women voters who were young preferring bernie sanders. Democrats democrats can have hundreds of caucus sites including las vegas casinos. For some voters it comes down to electability in november. Woman shes been pursuing anchor this is the 1st pri
Oaf its so cold out today i think its appropriate to starto with a little ice hockey. H it would make sense. The caps, theyre fire on isolately. They have the best record through 50 games in nhl history so its looking really good forr the stanley cup. Cup we got a little famous shoutout on this one. Alex ovechkin has fans all over the d. C. Area and all over the world. After his hat trick thursdayy night he received a new high profile admirer. Congrats leading the nhl in hat tricks. Just a beast on the ice. Oh ovechkin saw the tweet and said, thanks, youre the best. The capitols are in dallas trying to en against the stars. The Second Period the quest andd the losing streak off to a bad start. Mad is juan mark gets his 11thh goal of the season. S bee hole pee off to an uncharacteristic start here. Local pee will be pulled. Led. The capitols trying to give a val ingredient effort. It wasnt enough as they losee just their tenth game of the t season in dallas. The university of maryland w