at the highest levels of inflation in 40 years and prices are soaring, especially at the gas pump which just set another record high this morning at $4.40 a gallon. the markets already reacting. yesterday the dow tumbled for the fourth straight day as investors began to sour on the u.s. economic outlook. some on wall street warning of a recession because of inflation possibly as soon as next year, mika. that s one reason why president biden addressed it in a major white house speech, calling inflation his top domestic priority and trying to shift blame for rising prices by attacking republicans and what he calls their ultra maga agenda. he also blasted their policy ideas as extreme and said they would make inflation worse, not better. really ask yourself how well are we going to sleep at night knowing that every five years maga republicans, if they re still republicans as i said, this is not your father s republican party. if we re going to have to vote on whether you w
could help reach out just some of those suburban voters, like herself erin. all right. geoff i want to thank you very much. thanks for joining us. the news continues now right here on cnn it s wednesday, june 5th, right now on cnn, this morning, band at the order asylum seekers waking up to new rules after president biden s executive action already facing political and legal challenges victory and discipline appointment india s prime minister winning a third consecutive term in erase though, that was much closer than predicted. and boeing about to try one more time to launch two astronauts to the international space station on its starliner spacecraft all right five again here in washington, a live look at our us but on this wednesday morning. good morning, everyone. it s wonderful to have you with us. i m kasie hunt president biden s new restrictions on asylum seekers at the us mexico border are now in effect only a limited number of migrants claiming asylum will be allo
Their mega rocket. it s called starship possibly tomorrow if they get to go ahead from the faa, you look like you re rolling your eyes like what s the deal with this interesting because you may have a split screen if they don t watch boeing today, that may have a split-screen. we have the little conventional rocket by the big aerospace company here that a monster new rocket by the silicon valley guy. and you we have that, but that said there are more than one way to do things. you take commuter jets to go from point a to b, you take big jets to go around the world and spaces become something now that it s not just one size fits all i m just many different things to get need to be done many different ways. and the more ways you have to do things, whether it s a government rocket, a private sector one or one that you buy or rent the more options you have you can tolerate failures better if one fails, you ve got other ways to do things. what starship, this massive rocket add to the mi
Million dollars into these private corporations. now, an interesting thing that is not been reported so far as i know is that the way he made his money was as the chief engineer for the company stripe which is a major multibillion-dollar payment processing company so, and they have accounts with both the rnc and the dnc so if you go on to tucker: wait a second. wait a second. you said it this guy is a serious left-winger right? and yet, he doesn t come out of the trades, he was in a pipe fitter, he wasn t a union electrician, he was some wall street parasite and then he worked for a tech company and made millions doing that. how did he yeah, it he is a silicon valley guy. tucker: so he s basically just another rich guy lecturing us about how the economy is unfair? is all you re saying?
Now, an interesting thing that has not been reported so far as, i know is that the way he made his money was as the chief engineer for the company stripe which is a major multibillion-dollar payment processing company so, and they have accounts with both the rnc and the dnc so if you go on to tucker: wait a second! for a second. you said it this guy is a serious left-winger right?le he s mr. power to the people, popular leftist. and yet, he doesn t come out of the trades, he was in a pipe fitter, he wasn t a union electrician, he was somete wall street parasite and then he worked for a tech company and made millions doing that.. how did he yeah, he is a silicon valley guy. tucker: huh. so he s basically just another rich guy lecturing us about how the economy is unfair. is that what you re saying? well, he s a rich guy withe the specific technical knowledge