another prisoner swap? then, the same kind of technology used for the best covid vaccines, mrna, is showing promise in treating other conditions, including some cancers. welcome to the lead. i m jake tapper. we start with our money lead. prices are up and the stock market is down. president biden is trying to put a positive spin on the economy, today insisting that tackling the worst inflation the u.s. has seen in decades remains a top priority. during a speech in front of the afl-cio in philadelphia, the president touted his administration s coronavirus relief efforts, record new job creation, and low unemployment levels. sure, but that s likely little consolation to the millions of americans paying record prices for everything from food to gasoline. especially as many economists predict the federal reserve will drastically hike interest rates tomorrow to try to get control of the inflation. president biden will try to address one of those crises, gas prices, now avera
security council official john kirby. and the january 6 select committee just released new video evidence after an abrupt change in the hearing s schedule. this, as we re learning more about a split within the panel over whether to formally seek any criminal prosecutions, including against former president trump. we want to welcome our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with a nation on edge right now at a critical moment for the u.s. economy. tonight, president biden is making a new effort to calm americans fears while also trying to defend his record. here s our chief white house correspondent, kaitlin collins. inflation, it s sapping the strength of a lot of families. reporter: president biden acknowledging the pain of higher prices in philadelphia today. gas is up and food is up, which we re going to get down come hell or high water. reporter: biden promising to bring prices down as t
activists still protesting outside the homes of supreme court justices despite last week s arrest out of california threatening the life of brett kavanaugh. pelosi has held up legislation and she says the house will vote on it this week. dana: let s go to chad pergram on capitol hill. the charge of the committee today is to document what was going on between the election and january 6th. the committee wants to understand what fueled the riots. i can say right now the president absolutely tried to overthrow the will of the people and he tried to do it initially through misinformation through the department of justice, through pressuring the vice president and on january 6th. he was told repeatedly by people that he trusted. that s why one witness is former trump campaign manager bill stepan. the committee would not say if he appears voluntarily. the committee is probing what the president did or did not do during the riot. this man had the microphone and could speak
department for prosecution. as ryan nobles reports, we re learning tomorrow s hearing has been postponed. the january 6th select committee is at a cross roads. as they continue to work through marathon public hearings, revealing the mountain of evidence they have uncovered, they re now wrestling with what to do next with that information. attorney general garland is my constituent and i don t browbeat my constituents. i think that he knows his staff knows, the u.s. attorneys know what s at stake here. they know the importance of it, but i think they are rightfully paying close attention. the committee making it clear they don t have the power to prosecute crimes. they are a legislative body. but over the course of their investigation, if they uncover evidence of a crime, they have said they ll refer that information to the department of justice. then, monday night, chairman bennie thompson surprised many when he suggested the committee did not plan to make a formal criminal refer
best legal advice you re going to get in your life. get a good defense lawyer, you re going to need it. reporter: the committee focuses its efforts on the pressure campaign on mike pence to stand in the way of certifying the election results, after the committee adjusted their schedule, postponing the hearing scheduled for wednesday until next week. the next hearing is now on deck for thursday, but it comes as the committee is at a major crossroad, wrestling with what to do next with the mountain of evidence they have uncovered. attorney general garland is my constituent and i don t browbeat my constituents. i think that he knows, his staff knows, the u.s. attorneys know what s at stake here. they know the importance of it. but i think they are rightfully paying close attention. reporter: the committee making it clear they don t have the power to prosecute crimes. they are a legislative body. over the course of their investigation if they uncover evidence of a crime, they have sa