Testify as well. Reaction to those developments. Cheryl the federal announce thr latest Interest Rate hikes later this afternoon. The white house has launched an effort to find the next Federal Reserve chairman. Lauren headed the Central Bank Announcements announcements. Stocks bouncing back and i was up 12 points and the nasdaq up five. Train to the bad news keeps coming for uber. A board member of the right Feeling Company forced to resign over inappropriate companies that may have offended women. Lauren and Sports Committee committing a game for the yankees and angels. A two run homer for the Los Angeles Dodgers right fielder may be overshadowed by what he did after the home run. We will have highlights. Cheryl good morning, lauren. Good morning, all of you. Wednesday, june 14th. Welcome to fbn am. Following on the latest breaking news this morning. Lauren officials in london have confirmed a number thats in a massive fire that engulfed a highrise overnight. Officials say 50 people have been taken to the hospital. The fighting broke out in a 24 story tower in leominster at kensington area before 1 00 a. M. Local time quickly spread to the whole building. Cheryl details of witnesses as well and people pleading for help from the upper floors of the building. There is a flat right at the top that you can see people out there trying to make noise and showing us some sort of flag, telling us we are here, we need help. We could see that help wasnt going to get there in time and everything went black with smoke. Cheryl firefighters river to rescue many from flames. Watching live pictures of the building. This is the london power. As dawn broke in london, 200 rescue and fire crews still searching for the building, which as you can see a still smoking. We will keep you updated. At least for now, crews are inside looking for more of it and spirit a tragic situation overnight. Lauren here at home, attorney general Jeff Sessions facing off against the intelligence committee. Cheryl for more, lets bring in out of shapiro. Reporter attorney general Jeff Sessions answered questions on the Senate Intelligence committee and at times he was aggressive defending the actions hes taken. A lot of the questions had to do with the fbi russia investigation and the firing of jim comey. The attorney general made it clear he says there is no collusion whatsoever. In to suggest i participated in any collusion, that i was aware of any collusion with the russian government to hurt this country which i have served with honor for 35 years or to undermine the integrity of our democratic process is an appalling and detestable lie. Senators want him to answer questions about his discussions with President Trump about firing jim comey. And this exchange with senator wyden got heated. Their respects to the recusal that were problematic and he couldnt talk about them. What are they . Why dont you tell me. There are none, senator wyden. There are none. And the questions attorney general Jeff Sessions would not answer. President trump did not invoke executive privilege. The attorney general wouldnt answer questions which is frustrating to martin heinrich. There is no appropriateness bucket. Can you tell me whether these longstanding doj rules that protect conversations made in the executive without invoking executive privilege. Senator, i protect team the constitutional right by not giving it away before he has a chance to view it. There is praise from republicans on the committee and richard burr says all of this is very important because of the gravity of the investigation. Back to you. Cheryl out of shapiro from attending the bid efforts to repeal and replace upon the care. Trump told lawmakers the Health Care Bill passed in the house as mean and called on senators to make their version trained there. The senate is working very, very hard and specifically the folks in this room i appreciate what youre doing to come out with a bill that is going to be a phenomenal bill to the people of our country. Generous, kind with hard. Cheryl trumps criticism coming as a surprise after he praised that and lobbied for its approval. Lauren an american student held in a north korean prison for more than a year back home in the u. S. Now but in a coma. A plain landed in cincinnati last night where he was rushed to a hospital for medical treatment. More was serving a prison sentence for trying to deal a poster value is in what the group. Let me say how pleased we are to have him back in the United States. What an incredible day. We have difficult as you are aware and reaching him. We have to go through the government of sweden to get any kind of information and even then it was extremely rare. Lauren three other americans are held in north korea but we are glad hes back home. Cheryl the state department is not happy about how the North Koreans treated him when he was in prison. Another big story we followed this morning, a Board Meeting to discuss workplace and cultural issues that uber took in the next i could turn yesterday. Lauren yesterday. Herewith the latest resignation not over. Good morning. A lot of new developments yesterday. Most surprising board member uber port number area on the huffington saying quote theres a lot of data that shows others that shows when there is one woman on the court is much more likely that therell be a secular woman woman on the board. In response, don goodman says actually but it shows is its much more likely there will be more talking. The founder of the private equity firm tpg capital in an uber investor wrote a letter to staff to apologize calling his remarks came a inappropriate and inexcusable at a time when the company is trying hard to change that image. Discrimination and bullying. Opera ceo announced he would be taking a leave of absence to create his mother who was killed in a boating accident. In a letter he sent to employees, for over 2. 0 to 60 there there is nothing more important than dedicating my time to building up the leadership team. I also need to work on travis to point out to become the leader this Company Needs than you deserve. Kalanick has been at the center of many company scandals. Former u. S. Attorney general eric holder made while conducting an investigation into opera. Cheryl many reports saying he was fighting taking that if a guy says to the bitter end. Thank you for the lead reporter. Lauren the Federal Reserve widely expected to take shortterm Interest Rates for the third time since december. Mark bittner covers senior economist at wells fargo joining us now. Good morning, sir. Where are you at expectations for rate hikes today . Lets talk longer term. They are probably going to do when the rate hike. That is all theyll do. Theres some debate as to whether that will be september or december. One of the problems is weve got the debt ceiling. Weve got to come up with a budget or a continuing resolution. That showdown right around august, september and maybe too much for the americas to handle if it gets rough like it has previously said they might avoid raising Interest Rates and pushed the hike to december. The other thing the federal disclosed today its plans for reducing their balance sheet, which was the quantitative easing they undertook once a token Interest Rates down to zero. They are going to start allowing Securities Holdings to roll off probably beginning late this year. Lauren weekly reports on inflation can the cpi and retail sales today. What will the feds say in a statement with respect to inflation as they monitor it and the health of the over our economy . The numbers of the most closely watched have been coming into love for their liking. They would like inflation somewhere around 2 . Its been running consistently around 1. 7 using the pc deflator. It has been stronger and its right at 2 by that measure it works best to two points of a percentage increase. Thats pretty much in line with where they would like it to be. Retail sales have also been disappointing so far this year. We think it was a bit of a pickup fare. Lauren fox business will bring you complete coverage of the fed announcement that it 2 00 p. M. Eastern time will be followed by fed chair jane e. Allen. Her news conferences at 2 30. Cheryl, not become a lot more top stories. Jeff sessions defending himself over accusations of collusion with russia. I recuse myself from an investigation into the campaign for president but i did not recuse myself from defending the honor against false accusations. Cheryl where does the investigation go from here . Forward aj Loretta Lynch and trying to cover up the Hillary Clinton for her. Tesla has something to crow about. Perfection. Well explain. You are watching fbn am. Whoa thats amazing. Hey, im the internet i know a bunch of people who would love that. The internet loves what youre doing. So build a better website in under an hour with. Gocentral from godaddy. Type in your idea. Select from designs tailored just for you and publish your site with just a few clickseven from your. Mobile phone. The internet is waiting start for free today at godaddy. Lauren good morning to you. By 15 in the new york. President trump reportedly has given the pentagon the authority to send thousands of no american troops to afghanistan that clears the way for the military to intensify its fight against the taliban. Defense secretary james mattis told the Armed Services committee yesterday the u. S. Is not winning the war in afghanistan. While American Airlines makes the plant that could squeeze more passengers sitting in coach reversing a decision to install more economy seats on the boating 730 sevens cuts by cutting 32 inches of legroom. The plan has sparked an outcry from travelers who saw it as another put a customer sitting in coach. Teslas model x suv getting perfect scores from safety regulators. The administration awarded the suv of fivestar crash safety rating in every single category. Tesla says its the first suv to get top scores across the board. Congratulations. And the markets recovered for the nasdaq up seven points. Dow futures up 25. Thats whats happening now. Market participants watching whats happening in washington. A new level of intensity when it became the highestranking official to testify. Criminal defense attorney and prosecutor david or no, former adviser to george w. Bush. Gentlemen, good morning. Appalling and detestable lies that Jeff Sessions said about collusion with russia. Was it a good day for the attorney general . He was factual and combative. He pummeled by senators sitting on their day trying to score political points. There was no evidence suggested by the senators that there was factual collusion. There was only innuendo and the attorney general pushed back on that very effectively. Cheryl is the democrats narrative oppression of collusion finally shut down yesterday . Absolutely not unfortunately. The special investigation for his crimes. The two committees, house and senate will continue to issue subpoenas and call witnesses and unfortunately this is not over. I do agree this is a good day for sessions. He had her say theres no collusion which he did. He had to explain the recusal all three things were done and they were done well yesterday. Cheryl you think this is going to continue. How much further can make out with a rather lynch in your opinion . Every time we hear witness like comey and sessions, they identified the witnesses subpoenaed. What is critical even after the february 14th meeting that he went and spoke to the leadership, they will be subpoenaed and the rather lynch and on and on. I to not see an end to this anytime soon. Lauren do think sessions testimony was strong as we just pointed out . Can you come out of this unscathed and donald trump move forward or we are not there yet . Theres nothing there to be had but one thing is for sure and that is Diane Feinstein said she is a democrat fromia that ls behavior interfering with the investigation and telling comey to report to the press this is a matter as opposed to investigation. That leaves her up into some jeopardy because when it leaked documents as private citizen, official documents in the course of his employment, hes got trouble administratively. Further, the leak was to influence an investigation. Scifis leak was to start just as to get it away from the Justice Department and the pious friend as special counsel. Cheryl real quick, one of the more fiery moments was between sessions. Do you agree with his explanation and you think you convince the American People of this explanation . Yes, i do. It is extremely factual and sincere. He laid his cards on the table and basically said that in a lot of situations where ambassadors are there. I never had a Church Conversation to collusion in a manner. By the way theres no evidence to suggest that. All this is his innuendo. Cheryl thank you for joining us this morning. Lauren coming up, late night game for the new york yankees and the l. A. Angels. Stay with us. A tworun home run run for the l. A. Dodgers may be overshadowed by what he did after the homer. Well have those highlights. Cheryl guess that today as. Lauren flag day. Cheryl it marks the adoption of the stars and stripes. In hoboken, new jersey, janis ian is honoring flag day with a lot of other folks. And that is coming out. Fbn am wild thing you make my heart sing you make everything groovy cheryl welcome back. Time now for sports. Yankees and angels paying a few extra innings. Eric young junior replacing the injured mike trout and making the most of his opportunity with the angels. They then he goes to you. A solo homer and angels tied up by two. If the ball up the middle. Young gets the walkoff rbi and angels for an extra inning 32. Dodgers plan in cleveland for the First Time Since 2003. Gassing up week makes it a memorable one. A shack deep center for the two run homerun. Back to the dugout, flips off from the cleveland fans. Later apologizes for his impersonation. Cody ballenger continues his amazing work top of the night. Crushes his second homer of the game the 17th of the season. Dodgers when it can5. Anthony was so batting leadoff for the first time in his career. He sent there for a solo home run 14th of the season. That set the tone of the cubs. Second and then hits a grand slam. Cups crushed the mets. Sorry, new york fans. That of pittsburgh. Sidney crosby and the penguins bring the stanley cup. Crosby throwing out the first pitch and its a strike. The eighth inning from Andrew Mccutchen connects for a second connects for his second home run of the game. Pirates win 52. Anyone to make sure to tune into mornings with maria tomorrow. Maria s. U. S. Open Golf Tournament starting at 6 00 a. M. Eastern time. Dagen mcdowell down there with her as well. Lauren excellent. We will have the latest after a devastating fire broke added 20 for a sour and mundane. You looking at live pictures of the fire still burning. A Structural Engineer monitoring the situation on the scene. Theyve got to make sure that building doesnt collapse. You are watching fbn am. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Treated three breaking news this morning. The latest on a massive and devastating fire at 23 story london tower. Residents there to be trapped inside can remain in the hospital. Live pictures from the building still smoking 10 hours later. Good morning, everybody. Im lauren simonetti. Cheryl good morning. Cheryl casone. Washington, attorney general Jeff Sessions fighting back at collusion in the Russian Investigation. A former attorney general rather lynch be forced to testify . Expert reaction on what broke. Lauren following stocks, the Federal Reserve to announce its latest and contract Interest Rate hike for launching an effort to find the next chairman of the Federal Reserve. Cheryl ahead of the big announcement, stocks bounced back into the close yesterday. Dow, s p when the nasdaq came back features point to a flatly high euro bin. Lauren bad news. For cooper. A board member forced to resign over inappropriate comments. Cheryl today is flag day. This marks the 240th anniversary of the adoption of the stars, stripes. We will go to hoboken new jersey where they are honoring this day with a gigantic balloon. Lauren thank you for joining us. It is wednesday, hump day. Tomorrow ill cause. Welcome to fbn am, your first look at morning markets and breaking news. Train to some serious breaking news. Weve been watching throughout the night. Officials have confirmed a number of deaths in the massive fire that engulfed a highrise happening overnight. The fire breaking out after midnight local time in london 7 00 p. M. Eastern time. The fire commissioner same 50 people have been taken to hospital and there are fatalities. We are looking for updates. Things break and not in the 24 story tower, londons North Kensington area happening before 1 00 a. M. Local time. The fire spreading quickly through the building. Lauren witnesses say many people are pleading for help from the upper floors of the tower. Thursday friday at the top that you cou