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Transcripts For CNNW The 20240706

weeks from now. we ll discuss the really dire implications for the u.s. economy if that happens with the former treasury secretary larry summers. also tonight, a huge dust storm causes multiple deaths and dozens of car wrecks in a massive interstate pileup. we re tracking this weather disaster in illinois. and an intensifying man hunt in texas after a gunman killed five neighbors including a 9-year-old little boy. authorities pleading for the public s help as this armed and very dangerous suspect has been on the loose since friday. welcome to our viewers here in the united states and around the world. i m wolf blitzer, you re in the situation room. announcer: this is cnn breaking news. and let s get straight to the breaking news. trashy secretary janet yellen s very very blunt warning about the u.s. debt limit. cnn is covering the story from every angle. our correspondents are standing by over at the white house on capitol hill, and in the nation s financial cente

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Transcripts For CNN The Lead With Jake Tapper 20240706

hand. this warning comes just hours before a republican-led committee holds a hearing on the chain knee communist party s threat to america. let s start with cnn s manu rash. tonight will be the first prime time hearing that any he republican has held since january. what are republicans telling you about why this is such a top priority? this is one of the rare bipartisan initiatives in a very polarized institution, the u.s. house. but kevin mccarthy has indicated to me and others that this is a bug priority of his to make sure that both sides are on the same page when it comes to the threat of china. that is the same approach the lady verse the committee, mike gallagher on the republican side, and the democrat both are trying to pursue this on a bipartisan basis. he indicated to me this will be an overall scene setting hearing to try to make clear about the threat from china poses, not just abroad but also here in the united states. we expect to hear from key witnesses, s

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Transcripts For CNN The Lead With Jake Tapper 20240706

that trump s legal team also filed a motion to fight the subpoena on the grounds of executive privilege, basically that the president and his senior aides can have internal communications that don t have to be shared. this is a separate matter pence s legal time is trying to block it on. pence s team did not comment, nor did the justice department. what i m told pence is doing with this is basically trying to block the testimony they believe is related and pertains to his legislative actions on that day, how he was acting as president of the senate. that could potentially cover a pretty broad swath of his testimony. they re not saying he won t testify overall but that is the argument they re making. we ll see if the former vice president is successful in that. he has written a book where he talked about things that happened leading up to and on january 6th that could potentially complicate this fight when it comes to the former president and to pence himself with this motion.

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Transcripts For CNN The Lead With Jake Tapper 20240707

and guns saluted. paying respects to the life and legacy of queen elizabeth ii. the uk s newly appointed prime minister, liz truss, offered newly anointed king charles the support of an unusually quiet and somber parliament. the crown endures. our nation endures. and in that spirit, i say god save the king. the king greeted well-wishers outside buckingham palace to a chorus of the national anthem. he retired to buckingham palace where he held his first audience with the prime minister. and for the first time, the royal standard flew above in his name. the exegz council will mead to proclaim charles as the new sovereign, having declared his loyalty to the parliament and the church of england. whether the monarchy will emerge strengthened from the handover remains to be seen, but the initial signs appear positive. one of the big concerns about king charles was that he would be a meddling king. you ll know, jake, that there s been accusations that he s been sending lette

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Transcripts For CNN The Situation Room With Wolf Blitzer 20240707

and the world remember the queen. welcome to our viewers in the united states and around the world. i m wolf blitzer in the situation room as cnn s special live coverage continues. we begin with charles iii s debut as king. the new monarch facing a moment he acknowledges he s been dreading, the death of his mother, queen elizabeth. cnn s bianca nobilo is outside st. paul s cathedral where a service for the queen was held today. bianca, this has been a very, very emotional day for the british people and their new king. it has, wolf. i ve been speaking to those who attended this service. 2,000 members of the public, first come, first serve were given wristbands this morning, and they were coming from all over the world. these were people from australia, cuba, italy that i spoke to. they were going past the tourism office where they were giving out tickets to this remembrance service and service of thanksgiving. and they just happened to be in the right place and the rig

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