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bring down inflation or ease up on the fight to calm the banking sector. downplayed the federal reserve through all of this. we started out the sa santa clas by bringing zero interest rates which pushed people out of saved investments into venture capital. they became the arsenate dome arsenate during covid m no one would loan it to us the $5 trilf thin air and that caused inflation. but don t worry, they came in as the firefighters to put the fire out by dousing it with high interest rates. now, they are like the triage doctor to stabilize the patients, which are the banks. ashley: alexandria hoff with more from washington, alex. good morning, the federal reserve is in a tricky spot with rising consumer prices being revealed today. it has led to a rate hike but giving the turmoil the interest rates have caused the fight against inflation may have to be placed on hold. it was an attempt by silicon valley to lower interest rate risk which led to selling off securit ....
getting some of our biggest clues yet about the directions special counsel jack smith is taking the politically fraught and complex and unprecedented investigations of an ex president by the justice department. there are major developments in both the january 6 investigation and the probe into the classified documents. we ll get to that in a minute. but we begin with what we know about the sprawling criminal probe into the capitol insurrection and the coup plotted by the ex president and his allies and including those in the administration and in congress. as the new york times reports, jack smith steps us the pace, sorting through a mountain of evidence from the january 6 committee and looking to interview witnesses that did not speak to the congressional panel. from that times report, quote, did former president trump consume detailed information about foreign countries wild in office? how extensively did he seek information about whether voting machines had been ta ....
embarrassing, pennsylvania democrats elected a dead man. they knew they were doing it. they did it anyway. this would seem to defeat the idea of representative democracy, which is that you vote for people so that they can represent you. but party leaders in pennsylvania were not embarrassed. they were proud, quote: well we are incredibly saddened by the loss of representative tony deluca they said in a statement. we are proud to see the voters show their confidence in him and his commitment to democratic values by reelecting posthumously. in other words, electing a guy who can t possibly represent you is not an offense against democracy, it s the essence of democracy. now, it s not a typo. they put that in a press release and actually makes kind of sense when you remember it was also in the state of pennsylvania that democratic party leaders backed a senate candidate called john fetterman long after he had suffered a massive stroke and could not longer talk or communica ....
we ll see you again tomorrow. now it is time for the last word with lawrence o donnell. good evening, lawrence. good evening, alex. we are going to have more with blayne alexander s interview with that 4% of the jury. we east 14 of eight minutes of it last night. that s the most that has been shown anywhere on nbc are msnbc. there is more. there s the pat cipollone part that no one has seen before. we will get to that later in this hour. it is riveting television. i have seen some bits and pieces that did not make it to air. and you really could just screen the whole thing for the entire hour. you really could. it s really something. and it s going to be irrelevant as soon as the district attorney fani willis makes her decisions and goes forward. yes, and so that is why we much feast upon it now. it s all we have. right now it s all we have. and we have a right now, a handful of bread crumbs. i will be watching, lawrence. thank you, alex wagner. thank yo ....
lead lawyer of one of them. i helped my dad in the other four. still a part of preparing the case? yes, sir. still a part of gathering the evidence and putting it together for trial? in a criminal case, we didn t do much the gathering of the evidence. we took what law enforcement had gathered. putting it together for the criminal trial, correct? yes, sir. presenting evidence in court? yes, sir. giving jury arguments? i did the closing argument in one of them, yes, sir. did you ever have any cases that you prosecuted that went short of a jury trial, either pled out or were dismissed for some reason? you know, i m sure that at some point over between 1998 and 2021 that i took some plea, but as we sit here today i can t specifically remember that, and i don t ever remember working a case up for trial that didn t go to trial, but i m sure at some point in time i was involved in some level of a guilty plea or guilty pleas. you would agree with me ....