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Transcripts For CNNW CNN 20240701

house republicans escalating probe into president biden. a couple hours from now, the full house will vote on formalizing a biden impeachment inquiry. the gop s probe has failed to show links between biden and his son s questionable business dealings. republicans think the resolution will give them more leverage. this morning hunter biden showed up at the capitol right outside as you see, offering to testify publicly in the probe. but republicans want a closed door interview first. so, now, they say they re going to pursue a contempt of congress referral against hunter biden. manu raju has been following this. you ve been a busy man on capitol hill today. what do we expect to see in the coming hours? reporter: we expect the republicans will get the vote to authorize the impeachment inquiry. the inquiry has been going on since september, when then speaker of the house kevin mccarthy announced this investigation would go forward. they don t need a vote to authorize the ....

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Transcripts For CNNW CNN 20240701

two big stories we are following, and the minute we are expecting to see the federal reserve will hold interest rates steady for a third time, we will bring you the decision and what this means for your wallet. lawmakers will vote on what are whether to formalize the impeachment inquiry into joe biden. it demands a public hearing, much more on the showdown on capitol hill straight ahead, we are following major developing stories and more coming in to cnn news central. wall street will learn of the federal reserve board will meet expectations by keeping interest rates steady for the third time in a row. they have not reached their target rate for inflation, but the treasury secretary thinks that can happen by the end of next year, analyst don t expect high interest rates to go anywhere, let s get straight to straight business correspondent, the chief economist. what is the fedde decision? we can call it a trend, this is the third straight meeting the federal rese ....

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