But i think that the idea now is that we have to hit back hard, we have to hit back strong if were going to finally put this dual crisis of the pandemic and the economic pain that is engendered behind us. With respect to larrys point, one thing is just wrong, which is that our team is dismissive of inflationary risks. Weve constantly argued that the risks of doing too little are far greater than the risk of going big. Providing families and businesses with the relief they need to finally put this virus behind us. Second, i want to quote fed chair Jerome Powell who strongly reiterated this view the other day, i think it was just a week or so ago, that inflationary risks are also asymmetric right now. Im much more afraid of people losing their careers and life that they built because they dont get back to work in time. Im more concerned about what that will do not just to their lives but to the American Economy. Im more concerned about that than which exists with higher inflation. In our
Good afternoon. Im michelle grego. Lets go to kpix5 with the latest on the evacuations and firefighting challenges in marin county. Reporter is a new set of challenges for firefighters fighting the woodward fire at Point Reyes National seashore in one of them is the fact that the fire jump containment lines headwind and also, firefighters themselves have been dealing with issues. As of the flames from the woodward fire at Point Reyes National seashore arent enough to deal with, sara lee now has this. Her suv was broken into last night at the hotel where she and her crew are staying on her equipment was stolen. I had taken as much as i could to the hotel room but all of my camping gear that i worked on collecting for 20 years and all the gear we had to set up for the financed hing reporter she said there was about 7000 that is gone and thats a second time someone on the team of 60 firefighters had their car broken into this week. Last night, we focused on the fire and we were worried ab
A heavy lockdown and spains catalonia region if the latest surgeon brought a virus infections is not brought under control. And mourning the conscience of Congress Civil rights leader john lewis lies in state in the u. S. Capital. We begin this hour with breaking news out of malaysia a court has found former Prime Minister najib razak guilty of one count of abuse of power in this trial is accused of stealing hundreds of millions of dollars from a solvent wealth fund is facing 6 other charges including some that carry a possible 20 Year Prison Sentence he denies any wrongdoing flaws lloyd joins us now live from kuala lumpur fons whats the latest was happening of course. Well the judge is still reading out a verdict the 7 charges all together in this case hes been found guilty of one charge thats abuse of power the prosecutions case has was that used his position of power to lead the government to issue guarantees and in exchange for that he had received 48. 00 he had received 10000000.
One former correspondent is accused of rape while two highprofile hosts are accused of Sexual Harassment. We hear from the alleged victims. Bridge to justice. The lessons of john lewis sacrifice in selma from a cbs news correspondent who was there. First, heres todays eye opener. Your world in 90 seconds. Given 2,000 healthy adults a vaccine, it did generate neutralizing antibody in all participants. Researchers say one of the leading contenders for a Coronavirus Vaccine is showing real results. It may be that the vaccine is going to come riding over the hill like the cavalry. But we just cant count on it right now. President trump is vowing to take his portland strategy of federal officers to other u. S. Cities. These are anarchists. And the politicians out there, yes, they are weak, but theyre afraid of these people. The man wanted for a deadly shooting at a federal judges house has been found dead. He lewas a known antifemini. Two fox news hosts are being sued for Sexual Harassment
Prevent antigovernment protests. We begin the program in israel where Prime Minister Benjamin Netanyahu has warned it is quote playing with fire hes accuse the Lebanese Armed group of launching an infiltration attempt in the border region of shed our farms hizbollah denies that its fighters tried to penetrate the border or engage in any confrontation the United Nations is origen both sides to show restraint is going out to harry for citizens of west jerusalem for a so harry there are very different accounts are in there coming from israel and hezbollah about will presumably happened or didnt happen. Indeed there are in for context we have to remember the fact that israel has been awaiting some kind of response from hezbollah for a week now ever since and airstrike inside syria killed a fighter theres been a long standing promise from hezbollah that any such event would lead to a response from lebanon against israel and so these are the militarys been on a heightened state of alert alon