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Transcripts For CNNW CNN 20240704

Wildfires. Only 3 of the disaster has even been searched. The governor calling it A Fire Hurricane that spread faster than a mile a minute. Now a new lawsuit gets the states main electric provider. Hours from now the District Attorney set to begin presenting her case to a grand jury in the Georgia Election subversion case. This means a potential fourth indictment looms over former President Trump. Cnn learns about key evidence obtained by prosecutors. And a home explodes outside of pittsburgh. Gas systems were operating as designed, according to officials. It could take months or years to figure out why. The raid of a newspaper Head Quarters in kansas is raising serious concerns over First Amendment rights. Police seizing everything. Also the lapd says a mob of people stole 100,000 worth of merchandise during a daytime robbery. Well show you what was caught on camera. Cnn this morning starts right now. Good morning, thank you for joining us. Theres a lot of news, but were starting with

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Transcripts for CNN CNN This Morning 20240604 11:48:00

That with us this morning. they refer to any administration member over and over again. the ira, the ira. did it reduce inflation yet? easy answer, no. but it was never really about reducing inflation, at least in the short-term. it was always a medium to longer-term play. did it contribute to inflation over the past year? no, it didn t. but it doesn t mean it wasn t potent. that s going to be part of the message, at least from janet yellen today. it was about boosting growth and try ining to shift away from fol fuels and investment to other energies. janet yellen is going to say it s contributed to $500 billion worth of manufacturing and clean ergy investment. that s potent. and as you both know, when you travel around the world and speak to other policymakers, it s been a political earthquake elsewhere in the world because they think it s going to mean that america tries a lot of investment from other places. so let s not downgrade it, but as far as inflation is

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Transcripts for CNN CNN This Morning 20240604 11:39:00

Room away from donald trump. as a result of that, they are going to get tagged for everything donald trump does. every question is going to be how do you respond to what donald trump did to these indictments, to a trial that we might end up seeing. let s listen how voters in iowa, a lot of politics at the iowa state fair. here s how some voters feel about those indictments. are the indictments changing how you feel? no, because i do think a lot of that is for effect. a lot of those are trumped up. i don t believe most of it. they are just out to get him. it might turn around and biden might be the first one in jail. they seem to think nothing to it. if you re talking about the primary, certainly, this is not

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Transcripts for CNN CNN This Morning 20240604 11:36:00

Destruct. which we actually have to come back to because the judge threw out those lines and we have to redraw them again. there s a lot of turmoil here. you ran for senate in new york, so you know what it s like to run. what s interesting to me is those republicans picked up the seats when the economy was worse. i m not saying people feel good about the economy now, but inflation was more vexing an issue for democrats. how about now? i think there are plenty of issues to be just as vexing. if you look at what president biden was able to do, he played his trump card. he was able to help ease those gas prices down. he was able to lean on the fact that the inflation was starting to come down. and i have often said if you re looking at what we re going to be dealing with moving forward, they are going to have gas prices for heat and energy come

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Transcripts for CNN CNN This Morning 20240604 11:17:00

it looks like we lost patricia. are you back? you froze for a little bit. real quick, your thoughts on what she was answering there? at this point, i think it s all but certain that the former president is indicted here in fulton county. he has admitted as much in recent days, and the fact that the da has sent letters to local law enforcement telling them to get ready, telling them that her indictment decision is likely to incite a lot of anger and emotion, that s not the kind of letter you send if you don t plan on sur viewing an indictment against a former president. we appreciate it. thank you. you know this inside and out. we ll have you back soon. thank you very much. look at this.

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