hello and welcome to inside politics. i m john king in washington. thank you for sharing another very busy news day with us. on notice, six more lenders get put on a watch list following the bank intervengs. new inflation numbers today make the challenge even more complicated. the inflation playbook says raise them again. plus the anterior of reagan no more. gop presidential hopeful ron desantis says russia s assault on ukraine and its democracy is not a vital u.s. interest. it s a flip tlop for the governor that puts him in sync with today s gop. and blame mike pence. donald trump says jan 6th would not have happened if pence had helped him steal the election. up for us first, the justice department and the securities and exchange commission now conducting separate investigations into the collapse of silicon valley bank. the news following a startling warning that six other banks ared a at risk of credit downgrades. it s part of the huge balancing act for the economy.
democrat could get, if they would say that a democrat could get a fair trial, bear. the answer is yes, because we will get fair trials all over the country. and the idea that merely because there s a political split that people dead things, criminal justice system falls apart is just nonsense. well, that s a good note to end on. we could talk about this all day, but our time is up. thanks to our panel. thanks to you for being here. i m kasie hunt. don t go anywhere. cnn news central it s right now this morning we will hear from donald hold trump, the convicted felon, holds a news conference. we might also hear from president biden for the first time since the verdict this new chapter in american history a new, video this morning of the moment, ukrainian drones attack and destroy russian boats, the strike coming as president biden gives you crane, the okay to use us weapons to kill carry out strikes on russian soil. and a police officer ambushed and killed by the very pe
They ve been in 16 years. by making borrowing more expensive, the fed has been trying to bring down inflation, but if they go too far, the us economy could slow down too much. live now to craig erlam, senior market analyst, 0anda. what do you think we can expect from jerome powell tomorrow? i fromjerome powell tomorrow? i think he will keep his cards relatively close to his chest, historically, especially in the last 15 years, there has been occasions when the jackson hole event the big keynote speech has been used as a platform for a big policy shift. there has been a couple of occasions with ben bernanke you when that was the case. i don t think we can expect the same, the federal reserve has been cautious over the last 12 months, hawkish talking up the prospects of interest rates rising then markets expect and staying longer than they expect, i do not expect to see a significant change of tone from jerome powell, they have made significant progress but there is still more to be made
His political future. and ron desantis, a big policy shift. white house hopefuls say the united states has no vital stake in russia s warren on ukraine. you ve put your dreams on hold. remember this? but i spoke to o advisor, and our vanguard investments are on track. thanks for being our superhero. only at vanguard, you re more than just an investor you re an owner. giving you flexibility to follow your dreams. that s the value of ownership. the hiring process used to be the death of me. but with upwork. with upwork the hiring process is fast and flexible.
And there does seem this was deliberate, this was blinken and austin, we ve known for a few weeks now that they were working, the u.s. was working to get cabinet officials to kyiv, that from the president himself. and they wanted to change the rhetoric. they wanted to talk about the two w s here. winning the war, as opposed to not losing it for ukraine and to weaken russia. and we heard that again from secretary austin yesterday, this is a deliberate strategy, but, richard, you were just expressing some concern in escalation in rhetoric. tell us why. i ll tell you two things i m uncomfortable with, the pentagon, kirby suggesting this yesterday, that we now support militarily pushing russia out of crimea and you of the donbas. not one inch of ukrainian territory ought to be occupied. and that we are prepared to see ukraine use military means to bring that about. that s a big, big policy shift on the part of the united states. second of all, we ll hear more