republican senate leader mitch mcconnell told the washington post exactly how he saw our nation s debt limit. quote, what we did learn is this. it s a hostage worth ransoming. a hostage. that is how republicans view this, and that is how we should too. here s what happened five days after mcconnell s hostage statement. this because dark day for the nation s finances and for millions of americans with a stake in the markets, the very same americans who are still processing the fact that our country has lost its top credit rating. here s the damage from today. the dow down over 630 points. that s the sixth largest drop in history, the worst since 2008. nasdaq lost about 7% of its total value. s&p 500 lost 6.6% of its value in one day. the president went on television at midday to reassure americans, but the damage was done. the markets continued to drop while he spoke, and the damage continues. it s a bigger systemic problem with no end in sight. that was what is now know
but even mccarthy s own party seems divided over the decision. we also just got new reaction from mitch mcconnell. we are following breaking news this hour. five police officers involved in the deadly beating of tyree nickels have been indicted on federal charges. the indictment states they deprived him of his constitutional rights. armed and extremely dangerous. this is how police are describing the convicted killer who escaped from a pennsylvania prison nearly two weeks ago. he s now stolen a rifle from a homeowner s garage. we re following these major developing stories and many more, all coming in right here to cnn news central. with his speaker s gavel possibly on the line, kevin mccarthy just threw down the gauntlet. this morning, the house speaker officially gave key republican committee chairs the go ahead to start an impeachment inquiry into joe biden, all based on allegations of corruption stied to hunter biden s business dealings. house republicans have bee
But we look at ee daled look at how the white house tried to navigate the discoveries. here it is. early on biden s attorneys and justice department investigators both thought they had shared understanding about keeping the matter quiet, but they had very different reasons. the white house was hoping for a speedy inquiry that would find no intentional mishandling of the documents, planning to disclose the matter only after justice issued its all-clear. as time went on, it became clear that the white house and the doj were not exactly on the same package, particularly when attorney general merrick garland announced the amountment of the special counsel to investigate biden s retention of documents. quote, biden s aides sought to follow the justice department s guidance for heeding control of protocol and reporting additional discoveries, but some of the white house remained
He s sorry like every other person who gets their hand caught in the cookie jar. she thought she could make a lot of money selling the story. he came forward because another blog put the story out. coming up in the next half hour, we are going to look at anthony weiner s wife, why she stood by his side. to the louisiana coast, a burn on a rig. itis 60 miles out to sea. officials say part of the rig is still intact. not clear what ignited the blaze. the crew was evacuated after a well blowout. no injuries reported. the house voted down a proposal to restrict the nsa phone surveillance. they have been lobbying lawmakers to turn aside an amountment for the spending bill. stop terrorists.
Jon: the president and vice president talking gun safety with police chiefs and law enforcement -fs officers from around the country. a gun club in vermont is taking a bit of revenge on a local city police department. law enforcement officers are not allowed to train and that range because they want to put limits on the second amountment rights. molee lion hamolly lion has the story. reporter: this goes back to a constitutional i shall hugh going back to the second amendment but also a legal issue at the state level as well. they believe the burlington city council is trying to supper seed state law as they move towards pursuing a ban on certain assault rifles and high capacity clips in the city of burlington. let s take a listen to joan shannon the president of the county council. ultimately i don t think that