the plan was illegal, or said in in front and trump did not care it was illegal. i think that was one of the biggest take-aways that eastman himself knew it was illegal and put it in an email, i want you to do a minor constitutional violation. chuck, back to you, we will build our way back to donald trump if we, can and specifically about his lawyer, that lawyer, john eastman, we even saw the email that he wrote to golden globe, saying, you know, having to rudy giuliani, saying you know, having thought about it, i think i do need a pardon here that understands his mind set and understanding he had done something criminal, why else would you need a pardon, what are the legal implications to face him? good questions, peter. first on the pardon, i m not a poker player but i m told people who play poker look for tells if they have a good land or a bad hand and a tell, consciousness of guilt, as you articulated would be asking for a pardon, would be asking for a pardo
president trump, partly out of concern it would give the appearance of pressure on the attorney general. politico argues that the first three hearings essentially did that for them, laying out stark evidence that trump and his allying now the election was not rig, but they pushed the big lie anyway. there s new evidence that the department of justice may be growing frustrated against the committee as well. we learned of a strongly worded letter by the doj, in which the department accuses committee members of complicating investigations by withholding transcripts of witness interviews, it says, quote, are not just potentially relevant to the overall communications, but likely relevant to specific prosecutions that have already commenced. however, committee chairman bennie thompson made it clear he is not rushing to help out. we ve interviewed over 1,000 witnesses, that would mean we have to stop what we re doing to then work with the department of justice. we will eventually
shrinking stocks unfortunately in the pensions. peter doocy on the shrinking poll numbers for a president that just found a new villain for all of this and his name is not putin. welcome. i m neil cavuto, this is your world. a very turbulent world. when it comes to the markets, a lot redder world. how much? to jackie deangelis with more. good afternoon. another rough day for the markets, neil. not for the feint of heart. the markets digesting the rate hike that we saw yesterday and jerome powell s comments and deciding more hikes and slower growth means recession is coming if we re not there already. let s talk about wealth destruction for a moment. the numbers are staggering. yes, of course, jeff bezos and elon musk are not as rich as they once were on paper. investors across america in 401(k)s and iras have seen massive wealth destruction, $3 trillion according to the center for retirement research at boston calculation. 401(k) plans have lost $4 trillion sense the end
8.6%. americans, you, we, are feeling this nearly everywhere, nearly everything is more expensive, including the cost of gas which remains at historic highs. the biden administration taking new steps to lower those gas prices. this morning presidentiesident calling on energy companies to do more. also this morning, the january 6th committee is teasing ahead to its next hearing, tomorrow, they released a portion of a taped deposition with a former white house lawyer. now the committee is saying that thursday s hearing will focus on president trump s effort to pressure then vice president mike pence to block the certification of the election. we will have much more on that, in just a moment. let s begin this morning with cnn white house correspondent arlette saenz. arlette, president biden is making strong demands from oil companies, this morning, as he tries to do something about the soaring gas prices. reporter: yeah, president biden is trying to ramp up the pressure on
christina, let me start with you with nuts and bolt, where do things go from here and what we re seeing in the market so far. that had been a question mark. i guess i should reference your song. i saw the sign. they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. you re seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed course and became more aggressive once they received the inflation data we got last friday showing our prices have climbed 8.6%. that s the highest we have seen since 1981. because of that big jump in inflation, the fact it s continuing to climb higher, the fed needs to get more aggressive and seems like they are most likely going to continue on this trajectory even a month from now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had to say