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Transcripts for CNN CNN Newsroom With Poppy Harlow and Jim Sciutto 20220112 14:52:00

we are dealing with the energy price increases, and the release of strategic reserves helped in that regard. and fourth, and this is really important, is that one of the key factors is the really big bump in the price of used cars which relates to the semico semiconductors, and a constraint, and bill that passed by 68 votes in the senate, and what get passed by 68 votes? it is the chips act, and it is something that congress needs to get to as quickly as possible according to the president, and something that he said this morning in a statement. despite the optimistic statement, the fed is preparing the country for a sustained effort to combat inflation, and talking about the multiple interest rate hikes and tapering off the bond buying, and do you, does the white house support the federal reserve s plan to both end the bond buying stimulus

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