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this, of course, despite his promise to make saudi, quote, a pariah state. all this as the federal reserve is expected to announce its biggest hike in decades. john harwood is live in philadelphia. john, there is a lot at stake for the president. >> reporter: a lot at stake, erica, for the president. a lot at stake for the country. as weve seen underscored by the january 6th committee hearings. the presidents biggest political problem is negative public sentiment about high inflation...

points today. the numbers are dismal on the economy and the reality is, too. im harris faulkner and you are in "the faulkner focus". lets take a look at the dow. again, this has to do with how investors feel now. we dipped into bear market territory. were no longer running with the bulls and while we dont talk all that much fancy talk on "the faulkner focus" in terms of money, what it means is your nest egg that you may get through your 401k on your job is not doing what it should be d...

bear market territory. the federal reserve could boost interest rates by .75 point to try to time inflation that has the cost of everything rising. gas is still hovering above $5.00 a gallon nationwide, getting close to $7.00 out west in california. an estimate from moodys shows american households are spending about $460 more per month on necessities than they were one year ago. that means more families are having to make tough decisions just to get by. >> theres no way. its cheaper t...

>> the key to understanding richard nixon is that richard nixon was never self-confident that he could easily win a national election. he had left the 1960 election, which he lost narrowly to john f. kennedy, with bitterness. in a sense, the election had been stolen from him. this allowed the demons that he always had within him to play during elections. >> its about lust for power and absence of morality. >> it was all about holding on to power. no one can find out about this, whateve...

♪ ♪ ♪ ♪ come with us. were heading for the valley. >> going where? >> mexico. >> all the way down. >> you going all the way to mexico tonight in this heap of junk? >> reckon the town will get along without is till monday? >> oh, i reckon. i was young enough to bounce that far, id go with you. >> "the last picture show" was a movie that, however old i was when i saw it, i said, oh my god this movie is about me. this movie is about us. this movie is about america as we are righ...

the main point there expected to zero in on this time around as they make their case. we have gone through our retirement savings more quickly than we had anticipated. >> plus, recognizing inflation putting the squeeze on senior citizens. a dire economic situation forcing some retirees to make sacrifices in order to survive. we are always grateful for your company and you take time to be with us this morning. thank you for being here. >> always a pleasure to be with you. we begin w...

iran will remove 27 cameras that have been announcing nuclear sites for the international community. ill talk to iea chief rafael mariano about what happens next. average u.s. gas prices hit a record $5 a gallon. overall inflation hits 8.6%. 40 year high. consumers are pessimistic about the state of the u.s. economy. what does the former federal reserve chair ben bernanke think? ill ask him. but first, heres my take. we are now living in a totally new era. that is what the 99-year-ol...

republican senators signaling it could be strong enough to overcome any threat of a filibuster. the new legislation coming in the wake of several mass shootings across the country, including an attack on a texas elementary school that claimed the lives of 19 children and two teachers. now, this framework of the agreement includes modest gun restrictions, and broader investments into mental health and school security. we have team coverage of these developments. joe johns is with the pr...

violence stalks every corner of the nation on any given day. in the last 28 hours in chicago at least 21 people were shot and seven died. last night four people were shot and one died in denver. five people shot in a park in louisville, kentucky. two are dead, four injured after a shooting in gary, indiana. in georgia a man shot and killed himself after killing his wife and daughter and injuring his granddaughter. its a lot every weekend here that we cover on cnn about these mass shoot...

moment where you have more than satisfied your burden of proof. theres no room for any reasonable doubt. last nights hearing was the tell them what youre going to tell them part. now, there were moments where they teased the actual telling, the testimony of prominent figures who were relevant not just because of their proximity to then-president trump but also for the role they played within the government, maybe as a member of congress or as a white house aide. or maybe they were play...