Live Breaking News & Updates on Biden Renominating Jerome Powell

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20211122 18:18:15

Transcripts for CNN CNN Newsroom With Ana Cabrera 20211122 18:18:15
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Transcripts for CNN CNN Newsroom With Ana Cabrera 20211122 18:13:00

Case. travis mcmichael tried to investigate a white guy sleeping under the bridge and took issue with the white couple that went into the house, but the problem is he didn t get no his truck with a shotgun and dad in the bed with a .357 magnum and chase down the white people in this neighborhood and then ultimately shoot and kill them so race is a part of this case but i think the prosecutor was smart to use it in the way that she did during her closing argument. thank you. please stand by as we re going to be returning to court just as soon as they get back from lunch. that should happen here in the next 15, 20 minutes or so. also breaking today. president biden renominating jerome powell to lead the federal reserve for a second term as the nation struggles to fight rights inflation. we will hear from bolt of them in just moments. plus, a horrific end to a holiday celebration. a driver plows into a christmas parade killing at least five people hurting dozens of others. ten kid ....

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20211122 18:36:00

Preserve the independence of the fed and we need people of character and integrity who can be trusted to keep their focus on the right long-term goals of our country, for our country, and i m confident that jay and lael are those poem. now i would like to give them both a chance to say a few word. we ll start with jay and then i ll turn to lael. okay. the president making it official. he is renominating jerome powell to a second term as chairman of the federal reserve. that is pending senate confirmation. for now let s take you back to close arguments of the trial of the three men accused of killing ahmaud arbery. this is the defense continuing their closing arguments. this is the attorney of the guest greg mcmichael. he spent years as a life insurance salsman not because he liked it, but he did it because he wanted to see his three kids ....

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Transcripts for CNN CNN Newsroom With Ana Cabrera 20211122 18:19:00

This point the white house feared would have really shake ebb the economy or could have shaken the economy as the white house is so attuned to inflation and rights prize so the consistency with jerome powell, what he brings to this supposition what led president biden to make this choice. yes, there was a lot of criticism from the left, but this is something that president biden firmly believed he thought that this was necessary, and really this is how things have been done normally before president trump was in office. usually presidents reaffirm a second term of someone to lead the federal reserve. this is essentially going back to business. you know, this is not a big surprise at all, but there were some loud voices from the lev jeff, i m going to interrupt. let s go live to the president. occurred last night during the holiday parade in wisconsin. while we don t have all the facts and details yet, we know this morning that five families in waukesha are facing fresh ....

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