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Transcripts for CNN CNN Newsroom Live 20240604 08:08:00

the fed s decision from cnn s matt eagan. the fed is making clear that in their eyes, inflation is still public enemy number one. despite the reason being failures, the fed is forging ahead with its warm inflation, lifting interest rates for the ninth straight meeting and benchmark rates are now at their highest level since september of 2007 right before the great recession. now the goal remains the scene, get inflation under control without breaking something in the economy. but the recent bank failures suggests the fed already has broken something, and that is why some experts wanted to fed to pause here and survey the damage fed chair jerome powell, he said they did consider a pause, but ultimately there was unanimous support for this rate hike, in large part because inflation does remain way too high. now. for consumers , this means higher borrowing costs. car loans. student debt

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Transcripts for CNN CNN Newsroom Live 20240604 08:11:00

consequence of that kind of weakening would be that we would see these banks load up on risk build their short term profits give themselves giant enormous up bonuses and big salaries. and then some of those banks will explode. and that is exactly what has happened on share pals watch. in new york grand jury is expected to meet again today in the case of donald trump s alleged hush money payments to adult film star stormy daniels is unlikely they will hand down any indictment as sources tell cnn prosecutors are considering calling more witnesses. prosecutors are weighing charges that trump allegedly falsified business records and violated campaign finance laws. and another investigation into the former president appears to be gaining momentum. this one involves classified documents found at his mar a lago estate in florida. cnn s caitlin palance has the details. the primary defense attorney for donald trump, a man named evan corcoran is set to return to the

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Transcripts for CNN CNN Newsroom Live 20240604 08:46:00

are against the raising of the retirement age. we expect today another big turnout against it, christina clearly the standoff set to last for many weeks to come. melissa bell thanks there for the latest from paris. hangover from boris johnson s party gate scandal has put his political future in peril. three hours wednesday, british lawmakers grilled the former prime minister. over the alcohol fueled parties held during covid lockdowns under his watch, is one of many scandals that led to his ouster last year, and at the hearing, johnson tried his best to defend his actions or cnn s robertson has been following proceedings joins me here live, nick, this was a hearing that could really spell the end of boris johnson s political career. so how well did he do in defending himself? and did he convince the house that his actions were not deliberate? i m not sure that he convinced the room that he was in with a committee there. the seven mps who were in there, they really seem to be going afte

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Transcripts for CNN CNN Newsroom Live 20240604 08:26:00

organ transplant system has often been criticized as inadequate, with thousands of people dying every year while waiting for a transplant. now plans underway to tackle the problem, cnn s elizabeth cohen reports. the biden administration is suggesting a major re hall for the nation s organ transplantation system. let s take a look at some of the statistics behind this move in the united states right now about 100,000 people are waiting for organ transplants. that s hard lungs, kidneys, other organs. 6000 people die every year waiting for transplants and 70 deaths have been reported due to system failure from 2010 to 2020. here s what the biden administration is suggesting one. group the united network for organ sharing, has had the contract to run the nation s organ transplant system. for more than 30 years. the biden administration is saying we re going to seek out other groups to have contracts to run this system. let s take a look at

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Transcripts for CNN CNN Newsroom Live 20240604 08:37:00

cover of darkness eclair thanks very much. well speaking of surprise visits, prince william has made a rare unannounced trip to poland. he met with troops stationed in the polish ukrainian border on wednesday and thank them for quote defending our freedoms. cnn s max foster is live in warsaw, max. um good to see even though we know the royal family technically can t and don t get involved in politics, they have been very vocal in their support of ukraine. so how was this trip by the prince of wales has it been received in poland? well he s about to come here, as you say when he was out there in the east of the country who was visiting troops, british and polish troops and he was talking about their support for the freedom of the people of ukraine and how they were protecting all of our freedoms. in many ways, that was all you know, secret visit if you like. there was a blackout around that because of the area and the sensitivities around the security that there but then he came here to

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