stolen by fraud. that was testimony from former attorney general bill barr, played during the second hearing into the attack on the capitol, saying donald trump was detached from reality, as he tried to overturn the 2020 election. we will have the key take-aways from day two of testimony. plus, after yesterday s intense sell-off, stock futures are in the green so far this morning. as investors brace for a larger than expected interest rate hike. we ll have the latest read on the economy. and the race to turn that bipartisan compromise on gun safety into law and the process of writing the bill hits a snag. good morning. and welcome to way too early. on this tuesday, june 14th. i m jonathan lemire. thanks for being with us. we begin today with the second hearing into the january 6th attack on the capitol. the house select committee made the case yesterday that donald trump had an inner circle of advisers telling him the truth, that the election was not stolen, but t
The white house just a short time ago and a lot of more, but first, breaking moments ago, yet another pivot from President Biden on a zero. Member on tuesday he stunned our ally israel by calling their methods in the war on gaza a mistake after native vehicle was bombed. Watch this. Ella tell you what i think hes doing is a mistake, i dont agree with his approach, i think it is outrageous that those three vehicles were hit by drones and taken out on the highway, it was along the shore, wasnt like there was a convoy moving. So what im calling for is for the israelis to just call for a ceasefire, allow for the next six to eight weeks, total access for all food and medicine to go into the country. Martha those comments sparked outrage among supporters of israel who fear among other things an eminent retaliatory attack on israel potentially by iran. The president sought to reassure moments ago was some slightly different toned comments in the rose garden where he was speaking with japans P
Sometimes lower. that s terrible, no other way to cut it. democrats know that. biden himself, you ve been reporting on this, too, very, very frustrated, angry internally, feels he s not getting good options, feels he s not getting credit. he s moaning to reporters that he gets awful coverage. the truth is, like, the presidency so often is defined by circumstances around you, and he inherited inflation. you can argue he made it worse by putting too much stimulus in at the beginning, but inflation was always going to hit. you had every economy in the world pumping so much liquidity into it to try to get us through coronavirus. people knew, and he was warned by larry somers and others, that you d get red hot inflation. that s what we have. looks like it ll get worse. you re seeing the market tanking as a result. you re seeing you said the segment about crypto tanking worse than the market. that all takes on a life of its own. it creates a mood among investors, a mood among ceos. we have
We ll be falling out of debt that leave self-inflicted wounds that risk the market tanking and wiping out retirement savings and costing jobs. defaulting on the debt, which secretary yellen said could happen at any day after october 18th when we run out of money means that social security benefits will stop. salaries to service members will stop. benefits to veterans will stop, and much more. the failure to raise the debt limit will undermine the safety of the united states treasury securities, threaten reserve status of the dollar as the world currency that the world relies on, downgrade america s credit rating and result in a rise in interest rates for families talking about mortgages, auto loans, credit cards. my friends, and they are many of my friends, the senate republicans position i find to
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