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MSNBC Chris Jansing Reports June 4, 2024 18:02:00

Retirement account stocks are posting solid gaines after a new report on inflation and easing worries on the nation s banks just ahead, we talk to a key member of president biden s economic team. our nbc news reporters are covering all of the latest developments that s where we begin with nbc news business and data reporter, brian chung. the new inflation report shows that prices are stubbornly high. we are seeing overall improvement, right yeah. if you look at the clearly pace, it shows that prices are 6% higher this time of the year than this time last year that s a slower pace than the 9% that we saw last year. this doesn t mean that prices are going down prices are still going up. albeit at a slower pace. it s encouraging to see that it went from 6.4% in january to 6% in february. what s buoying inflation is shelter costs. the cost of putting a roof over your head. mortgage rates and rental rates ....

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MSNBC Chris Jansing Reports June 4, 2024 18:08:00

Council. appreciate you taking the time to talk to us. a lot of americans are unsettled by this. a lot of them are wondering who messed up here how did this happen? what s your answer thanks to the actions that the administration took over the weekend, americans should feel confident that their deposits will be there if you need them thanks to the actions we ve taken, we ve seen additional stability in the system. as to how we got to this place, i want to emphasize, that the ceo of silicon valley bank, personally lobbied for looser rules on banks like his. and the trump administration listened that played a role in why we re here today we re acting decisively, to protect american small business and american workers and provides stability to the banking system the president says we went back ....

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MSNBC Chris Jansing Reports June 4, 2024 18:09:00

To fix the rules of the last administration how do you do that? you know full well what the makeup of the house is you know the rollbacks that happened to dodd-frank we ve been hearing from elizabeth warren and bernie sanders, saying that was the problem here what do you do about it? you probably are not operating under an illusion you will get those back what do you do as an administration we re going to take our case to the american people, why we need stronger rules here i heard a lot of commentary over the last few years and at the end of the day, multiple rules were signed by the president that are already helping mentals today. we re going to come forward with steps to protect the american people if republicans have different ideas, they should bring them forward. if they don t want to move in that direction, hopefully the ....

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MSNBC Chris Jansing Reports June 4, 2024 18:19:00

Infrastruck sure and abducting and deporting to children to re-education camps throughout russia joining us, u.s. ambassador to russia, now an msnbc foreign affairs correspondent. how should the u.s. and allies be responding to the acts by russians international waters? > it s reckless and irresponsible. that s the initial response. it should be a reminder to the biden administration and the world, why we need to do more to try to end this war. to me, that means providing more weapons to ukraine, more sanctions against russia, to speed the end of this war because the longer it drags on, the more possibility there are for accidents like this, to escalate out of control. ....

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MSNBC Chris Jansing Reports June 4, 2024 18:07:00

With safety. what was interesting is what the white house is describing, we ve seen the mass shootings become too common in this country we have fema, that comes in and helps support local state governments when we have major events as a hurricane. there s no formulation for communities that experience mass shooting directing across the federal government, an effort to create a similar entity, when you have the tragic shooting in monterey park in addition to signing the executive order, the president will be meeting with some of the victims families of the 11 individuals who lost their lives. others who were wounded in their shooting biden returning to that ole. he knows well as playing the consoler in chief. a raining there day in monterey park. thank you so much. the white house has been focusing on the collapse of three banks in the last week let s bring in deputy director of the national economic ....

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