happens when there are too many passengers, not enough staff, not enough planes, and not enough air traffic controllers? add in some picket lines and you have the recipe for a holiday weekend travel nightmare. i m jake tapper. we start with our politics lead. new insight into what the january 6th select committee believes is possible witness tampering by members of trump s orbit. sources telling cnn that cassidy hutchinson told the panel that she was contacted by someone attempting to influence her testimony before tuesday s hearing, and now the vice chair of the committee, congresswoman liz cheney, says the committee is considering making a criminal referral to the justice department. that s according to abc news. today, the committee is now trying to compel testimony from pat cipollone, issuing a subpoena to trump s former white house counsel. testimony revealed that cipollone expressed alarm leading up to and on january 6th about possible criminal behaviors by the presiden
This first year of trump is going to mean for the Republican Party in the long term, for conservatives . Do they have the same home that they used to, or is the party irreparably changed . I think long term, the chances are high that the Republican Party, it cant recover or is broken apart or this is the beginning of a breaking apart for them. The brand of what it means to be a conservative or conservative republican is kind of lost. And whether conservatives in particular can ever get back to, you know, having a party of their own is hard to know. You have a lot of people like Pete Wayner N david brooks out there saying im a political refugee. Sounds like you wouldnt say that donald trump is conservative. Oh, hes definitively not. Michael steele . No, hes not. Hes not at all. I agree with jon. I think what weve seen at the surface is something thats been going on beneath the surface since reagan left office. And certainly it came to a head during my time as National Chairman with the
Enormous turn and that brought us to 24,265. These trade tariffs are widening a lot. It started with steel and aluminum. Its affecting a variety of products, everything from televisions and cigarettes to plastics. You name it. Porkrelated, beef products. Soy beans, an area that they didnt want to get into that theyre into. All of this was a big stepback moment to say its bad, its coming but maybe its not coming at all. This was crazy. Youre right. Boy, just as the opening bell rang this morning at 9 30, it was looking like we were going to have one of the worst days you could see on wall street. We were down 500 points like this. A couple of things happened after that. The aforementioned larry kudlow did an interview and he shade we
wouldnt see a trade war. The markets started to come back after that. There were technical factors at play. People in support levels, held up meaning that at a certain level in a market, whether its the Dow Jones Industrial average, maybe the nasdaq or the
college next year. oh, are you going to be an empty nester at this point? don t say that. i don t want to talk about that. john is over here crying, too. the point being that, okay, yeah, i could move into a smaller house but then i would have to take a mortgage more like 7% instead of the 2.875% that i have now. there is a lot going on in housing and a lot of americans want more stability there, hopefully the second half of the year we will see it. i like that we can celebrate good news at the start of the show. we will see you back in march. absolutely. as john just mentioned, we will talk more about this in a live interview he is going to be talking to treasury secretary janet yellen so we might make some news actually, john will make some news guaranteed next hour. 2020 deja vu, today both president biden and donald trump are making their cases for a second stint in the white house. in just a few hours president biden is expected to deliver a speech kicking off hi
little ahead of its skis saying we re going to get three rate cuts, the market has really rallied. there is a lot going on in the economy right now and in the world. you know, you ve still got two hot wars, you ve got big changes afoot in labor markets, you have technology like ai coming on board. so it s really, really tough to predict. what s interesting to me is main street and wall street don t want the same thing, right? it drives me nuts. i have to tell you, it literally drives me crazy because we all say, okay, everything is going great, but there are a lot of americans that aren t in wall street. 100%. my whole first book was about this. the bottom line is most people get most of their money from a paycheck. look, this is a good report, this shows us we have a strong economy, bidenomics i think is actually working, whether folks are going to buy that at the election, at the ballot box, i don t know. this is a good thing, this says, look, we have inflation that is