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Transcripts for CNN CNN Newsroom Live 20240604 08:11:00

Consequence of that kind of weakening would be that we would see these banks load up on risk build their short term profits give themselves giant enormous up bonuses and big salaries. and then some of those banks will explode. and that is exactly what has happened on share pals watch. in new york grand jury is expected to meet again today in the case of donald trump s alleged hush money payments to adult film star stormy daniels is unlikely they will hand down any indictment as sources tell cnn prosecutors are considering calling more witnesses. prosecutors are weighing charges that trump allegedly falsified business records and violated campaign finance laws. and another investigation into the former president appears to be gaining momentum. this one involves classified documents found at his mar a lago estate in florida. cnn s caitlin palance has the details. the primary defense attorney for donald trump, a man named evan corcoran is set to return to the ....

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Transcripts for CNN The Situation Room With Wolf Blitzer 20240604 22:29:00

Watching, but democratic senator elizabeth warren of massachusetts, says jerome powell, the federal reserve chair is doing what she calls a terrible job. watch what she told our jake tapper just a little while ago. he has spent five years weakening regulations over these multibillion dollar banks predicted five years ago. the consequence of that kind of weakening would be that we would see these banks load up on risk builder short term profits give themselves giant enormous up. bonuses and big salaries and then some of those banks will explode. and that is exactly what has happened on share pals watch. she says powell shouldn t be chairman of the federal reserve. do you have concerns mr secretary with his leadership? no. i think he is a appropriate fed fed chair. i have disagreed ....

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Transcripts for CNN The Lead With Jake Tapper 20240604 21:07:00

Say is, i made it very clear as publicly as humanly possible. that i didn t think that he should be reconfirmed as president as chair of the fed. and i think he s doing a really terrible job, and he s doing a terrible job on both fronts. remember there are two only two jobs for the federal reserve chair. one is monetary policy inflation. i think he s doing a very bad job there, and it s risking pushing our economy into a recession. his other job is regulatory oversight. and he has spent five years weakening regulations over these multibillion dollar banks predicted five years ago. the consequence of that kind of weakening would be that we would see these banks load up on risk build their short term profits give themselves giant enormous up bonuses and big salaries. and then some of those banks will explode. and that is exactly what has happened on share pals ....

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