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focusing on the elaborate effort by then president trump to pressure state officials to overturn the 2020 presidential election. plus the latest on the bipartisan group of senators negotiating new gun legislation in a moment we ll speak with chris coons of delaware on just how close senators are on a final bill. also ahead, we re keeping an eye on wall street as stock futures soared overnight following a brutal week. we ll get a live report from cnbc. and it is primary day for several states across the country which means kornacki is camped out at the big board. he s angry. and i ll tell you what, jonathan lemire, we have a big race today in alabama. you have donald trump who of course always had a prerogative of changing his mind when it looks like his first election is on the way to losing. he chose mo brooks who was there on january 6 trying to whip up the masses to attack the capitol or so some people believe. on the other side, one of richard shelby s staff mem ....
and the dow dropped after the dow falls to the lowest level since january of 2021 and everyone from elon musk to the ceo of deutsche bank warning of recession. and by the way, jamie dimon, he said a hurricane was coming. okay. but some other folks are saying slow your roll. really? yeah. calm down. for more on this, let s bring in cnbc seema mody. the concerns about say recession, and the markets, what do you got? yeah, mika and joe, good morning, after staging a very bad week last week the dow is now higher by 400 points in early trade. so a bit of a relief as investors assess the carnage that took place last week following the federal reserve s 75 basis point interest rate hike. and look to wednesday and thursday when fed chair jerome ....
States sent to washington to set the stage for january 6 in hopes that the false slates would be used to stop the transfer of power. today s key witnesses include three republicans georgia secretary of state brad raffensperger and gabe sterling and shaye moss will also testify. give me a sense of what your hoping these hearings ultimately will accomplish. i know they re taking place in the house. but joe and i have been talking a lot about how this is representative of tanding up for democracy. mika, it is another important hearing by the january 6 committee. and they have done a spectacular job of presenting compelling witnesses, new material and evidence, new facts for the nation s consideration. i know it is been closely watched at the department of justice and i have confidence ....
Powell will testify in front of congress. he will likely face tough questions on the timing of the interest rate hike and the strategy to combat inflation. now today the key data point that will help us understand whether this rally will hold is existing home sales. that comes out at 10:00 a.m. eastern. and one of the big concerns is just how the housing industry will hold up as interest rates rise. thanks for that. and by the way, we re hearing there might be there is always something with elon musk and twitter, a change here or a change there. is there more news? so there is a new s.e.c. filing mika that shows that twitter s board unanimously supports the $44 billion sale of twitter to ceo of tesla elon musk. this of course has been a long, drawn out battle on price, getting buy-in in investors. but that is certainly played out on the public stage. but the deal is moving forward ....
Only 19%. that is one in five republicans and they shrinking republican party where people have abandoned the republican party since donald trump became the leader of that party. but one in five in that shrinking republican party think donald trump should be charged with criminal acts because of january 6. and you look at his vote totals. whether it is ohio, and j.d. vance. whether it is pennsylvania and dr. oz. whether it is georgia. he s getting about a third of the vote. and these republican primaries. he has about a third of the vote in ohio. about a third of the vote in pennsylvania and down in georgia. so mika, it is fascinating to see what happens straight ahead. but it is critical but because of all of the issues that this country, we talked about the ....