Reelected Prime Minister vows to heal divisions. Protesters say they will fight him every step of the way. While in algeria, people come out to denounce the results of an election they say is a farce. Host u. S. Democrats have taken another major step in the impeachment process divided congress and the nation. A panel has approved two charges against President Trump. The house of representatives is set to vote in favor of impeachment next week. Our White House Correspondent reports from washington. Another visit to the white house overshadowed by foreign politics as the president of paraguay sat uncomfortably in the u. S. Office. President trump railed against the push to impeach him for his dealings with ukraines president. President trump it is a witch hunt. It is a hoax. Zero was done wrong. It is a scam. It is something that should not be allowed. It is a very bad thing for our country. You are trivializing impeachment. Someday theret, will be a democrat president and there will be
Chair Jerome Powell announced an Interest Rate cut for the First Time Since the 2008 financial crisis. Following the announcement, he took several questions from reporters. This is 45 minutes. Good afternoon and welcome. Today to lower the target for the federal funds rate by a quarter of a ofcentage point to arrange two and a quarter percent. The outlook for the u. S. Economy remains favorable in this action is designed to support that outlook. Againsttended to ensure Downside Risk, to help offset the effects these factors are andng the on the economy to promote a faster return of inflation to our symmetric 2 objective. All of these objectives will support achievement of our overall goal, to sustain for the benefit of the american people. We also decided to conclude the runoff of our securities portfolio rather than and september as previously planned. In september as previously planned. I will discuss the thinking behind todays Interest Rate reduction and then turn to the path forwar
The outlook for the u. S. Economy remains terrible, and this action is designed to support the outlook. From weak Global Growth and to promote a faster return of inflation to our symmetric 2 objective. Objectives will support achievement of our overall goal, to sustain for the benefit of the american people. Conclude theed to runoff of our securities portfolio rather than and september as previously planned. I will discuss the thinking behind todays Interest Rate reduction and then turn to the path forward. As the year began, both the economy and Monetary Policy were in a good place. Below 4 ,oyment rate inflation had been running there are 2 objective for nine months. Our interestrate target was at the low end of estimates for neutral. Over the first half of the year, the economy grew at a healthy pace and job gains pushed unemployment to near a halfcentury low. We just have been rising for lower paying jobs. People who live and work and lower income communities telling us that many w
Movies, you are a rockstar. Guest we havent inspired any movies. Host thereve been characters created around the work that you and some remarkable women have put it in. Its phenomenal. You arent like breaking glass ceilings. Guest there were predecessors before me that did a lot of work. When i joined the agency, there were not a lot of women in operation fields in senior positions. Host baucus through what inspired you to write the book and tell us what are the targeting officer important and what is your mission . Mission . Guest i joined as an analyst on the analyst decided and my intense was to have a job where i could work overseas. I always wanted to travel and be immersed in other cultures. I got lucky and applied and got him in a completely different role. By the time i became a targeting officer, i had been there a little while. The job i took at the time was on the operations side. Host tell us about the role that you initially took on. Guest the first job i had was a role in
Mounting charges all related to his work with trump after the 2020 election. Giuliani says his legal troubles have left him out of cash. And the death toll is rising in hawaii surpassing 100. President biden will travel to maui soon once his visit will not interrupt the Recovery Efforts on the ground. And the family from The Blind Side is pushing back on claims from retired nfl star michael oher that they withheld millions of dollars from him. They claim he would plant a negative story about them in the press unless they paid him 15 million. In just one month, messi has his team reaching new heights. He stored his ninth goal in six games after a victory over Philadelphia Union and miami now heads to the cup final. Hes good. Hes very good. Cnn this morning starts right now. I want to take my kids to miami just to go take them to see messi. You should use my Expert Analysis that i just gave you that hes good at soccer. Thank you for that, phil mattingly. This morning we are tracking seve