here now s, stephen miller, former white house senior adviser under president trump, monica crowley, formerreasury. assistant secretary of the treasury. stephen , they re not asleep atv the wheel. they re wide awake and they re ing driving right off the cliff. it looks like whether it s the ukraine money or big, it s never going to turn off or anyg of the dire stuff they re doing. and meanwhile, it looks like there could be a continuedco run on some of these regional banks it . well, you re right, laura . s al it s all del deliberate.ivere tk and it s a mistake to think t that they re tooor busy or they re too distracted or they re too confused. they have an agenda. the and you mentioned it.y ey have d they implemented this executivae order. they wrote it four weeks ago, the biden sign that says equity ,or dti, is the core mission of every single agency in the federal government.. in other words, they wantant toy to run the the country the way the executives at silicon valley bank ran
tsmc, the taiwan top chip maker, talking about the ways to expand economic cooperation between taiwan and the united states and how to improve the semiconductor industry. i want to bring up a tweet senator markey sent, he said i m honored to have met with tie wi taiwanese officials and the united states must continue to support their participation in the international community. it is very significant that this group american lawmakers met with tsmc, this is the world s largest contract chip maker, they produce 90% of the world s most advanced computer chips and the timing is of note because earlier this month you had president biden sign the chips apgt to act to boost the competitiveness of the u.s. and tsmc has already pledged to make a new chip fab in the u.s.
he was getting ahead of what was being said and done. that s the playbook, and so i think that the next step is, of course, going to be fund-raising. i read his statement yesterday, the former president s, as kind of a call to arms for republicans everywhere, and you re seeing the rhetoric and the scare tactics, especially on fox news, saying, you know, this could be done to him, it could be done to anyone, which, again, i want to reiterate, yes, it can be done to anyone. that s the rule of law, and that s the judicial process. all right, stephanie grisham, always good to have you. thank you. thank you. much more on this unprecedented move by the doj. we will speak to a former fbi agent about what it takes to get approval for this type of search. and again, any minute now, president biden will sign the nato ratification, ushering in finland and sweden to the alliance, so we ll discuss the global ramifications. i typed in grandma s name and birth year. and there she was, working
then, the infrastructure act as well. and if you look at just those last four pieces of legislation there, those are all items that the white house has accomplished just in the last six weeks here, really, beginning with that bipartisan gun legislation bill and then of course earlier today, we saw president biden sign this c.h.i.p.s. and signs act into law, investigating $280 billion to boost the u.s. semiconductor industry, which has major national security implications as it relates to the u.s. s competition with china. tomorrow, we re also expecting president biden to sign the p.a.c.t. act into law, which will, of course, address this issue of toxic burn pits, ensuring that veterans who were affected by these burn pits can get disability benefits through the va. and of course, we re now looking at the likely imminent passage of that inflation reduction act, which will be the largest ever investment in fighting climate change in american history.
taiwan where we have seen china taking increasingly aggressive maneuvers around the island nation in recent days. very significant piece of legislation and one that president biden and his cabinet noted today was achieved with a bipartisan vote in both chambers of congress. jeremy diamond at the white house, thank you. now here s something we haven t heard in a while. good news and inflation in the same sentence. for the first time in more than two years if you can believe it, prices for online goods are dropping. and they re dropping fast. cnn s matt egan is here to walk us through what we re seeing. some relief and where we re not seeing that relief. matt, let s start with the good news. where are prices dropping? ana, this is much needed good news. online prices dropping by 1% year over year in july. now, normally this wouldn t really be a big deal because online prices for the longest time did nothing but fall because it s so easy to price shop online. we all do it and do it