Charge of the recovery act, and it was hard as hell to get the votes to begin with, and then it was hard as hell to get the numbers we got. One thing we learned is we cant do too much here. We can do too little an and sputter. The speech youll hear follows the jobs report this morning. Yes, the Employment Rate is down, but only 40 million jobs was added to the American Economy. That makes it clear that the impacted American Economy is still very much in trouble. The Senate Meeting ended early this morning with the Senate Passing a budget resolution. This morning the house will take up that resolution and it will clear the runway for democrats most likely to go it alone with a covid relief bill that is very much on top of the wish list. Theyre meeting with the president this morning at the white house, and the Committee Chairs said they will start Writing Details of the budget plan next week. With us to share their reporting and insights, phil mattingly, Christine Romans and sun moon ki
we can speak to our north america correspondent. good to see you. this investigation, it s gone and also from directions is 2021. what else do you think will be put to the people in this grand jury? be put to the people in this grand u ? . ., ., ., ~ jury? the election fraud, making false stations, jury? the election fraud, making false stations, racketeering - jury? the election fraud, making false stations, racketeering and | false stations, racketeering and conspiracy is extending the investigation onto what donald trump did but some associates like rudy giuliani did. they re also looking at some of those delegates that were presented as the electoral delegates, a different panel that will come forward and say that they were actually going to be supporting donald trump in the electoral college. they ve already interviewed a number of them and some are actually cooperating with the investigation. the actually cooperating with the investigation. actually cooperating wit
tonight, chaos and confusion in russia as the leader of the wagner group accuses the military leadship of doing evil and fabricating the justification for the war in ukraine. what does this apparent escalation of infighting in russia mean for the war, and for putin? mark has been trying to make sense of the chaotic signals from russian media sources. also tonight, remember this? a nation of homeowners will be self reliant, independent and able to do what they want with their own lives in their own homes. 39 years on how s that going? we ll be hearing from ben as thousands who ve just had their mortgages hiked hear they might get some temporary relief from the banks? we ll speak to the ceo of a food distribution charity which is overwhelmed, and the chief economist at bloomberg. and a bit of glastonbury. #my # my bed is made of feathers. five times grammy winner jacob collier makes his glastonbury debut tomorrow, we ll be asking him what s in store. good evening. there are p
i thought it would be almost impossible. we won this public narrative with the support of the american people. between president biden and speaker mccarthy, house republicans won from start to finish. lawrence lawrence president biden also praising it saying this in a tweet. i have been clear that the only path forward is a bipartisan compromise that can earn the support of both parties. this agreement meets that test. other lawmakers on the hill arguing it doesn t go far enough to curb spending. some republicans suggesting there might be an effort to oust mccarthy from his role as speaker do you think there will be discussion on the motion to vacate? stay tuned. it will be in a week or two. brian: before the default deadline set by treasury secretary yellen who obviously moves that deadline because everybody want add three day vacation for memorial day not clear when a vote will take place. ainsley: we were going to collapse. hold on, take a vacation. we will collaps
there were sharp losses in early trading, although banking stocks have since rebounded slightly. ubs is currently up 3.5% let s take a look now at how the markets are performing more broadly. trading began in the us an hour ago. we can see the dow is up, the snp 500 also on 5.2%. in asia and in europe, there was some initial fright taken by investors, particularly because certain bondholders in credit suisse have lost all the value of their investment, but by the middle of the trading day most european indices were trading positively again. now, one aspect of the deal was that any investor holding additional tieri bonds, or ati bonds, in credit suisse will get nothing. that s more than 15 billion euros written off. it spooked the whole ati bond market which is worth more than 200 billion euros. let s discuss this in more details with dan kemp, global chief investment officer at morningstar investment management. why is the burning of these bondholders so controversial? that