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House as minority leader kevin mccarthy blasts speaker pelosi for rejecting two of his five appointed members to the committee to investigate the january 6th insurrection. joining us now to talk about this is former virginia congressman denver riggleman. congressman, thank you so much for joining us for this. i just wonder as you're looking at how this developed he put forward five picks, three of whom had questioned the election results, two of those nancy pelosi nixed and he pulled everybody from the committee. what is your take on where things stand right now. >> well, i think this is what ...

Unwinding. it's just barely starting. it's absolutely necessary because if you prolong it like we have been doing, we just keep feeding it, even in the last recession, we knew there need to be a correction but it was held off and made the bubble that much bigger. the market eventually makes the point where just more money won't work. that's why the fed is in a dilemma. you know, they have done it for a long time and near tinkering with slowing that up and shrinking their balance sheet and the markets don't like it. the president doesn't like it. >> neil: no, he talks about it. i'm wondering if...

He felt in terms of the pressures on him and that he felt like he was in this sort of damned if you do, damned if you don't situation. he's always taken responsibility for thwhat he did, and i think did it with a lot of knowledge honestly that a lot of people were going to disagree with him, and did disagree with him. so i don't think it is a particular surprise that one of those people who disagrees rather strongly is the ig. and i think jim is comfortable with the decisions that he made and comfortable with the fact that he's accountable for them and this is a form of accountability. >> we h...

We're covering a new proposal by an attorney for stormy daniels who has offered to pay back $130,000 in hush money in return for the freedom to speak and publish text messages, pictures, videos about her alleged affair with donald trump. let's bring in our analyst and our reporters. and jeffrey toobin, explain the legal prediction the president finds himself in as a result of this latest legal maneuver by her and her attorney. >> well, it is very simple. if he does nothing, she talks and tells her story. which is the one that michael cohen paid $130,000 to keep secret. if he engages legally, i...

Evidence that is involved in an investigation that involves him or his staff. previous dimensions have gone to great lengths to distance themselves from these kinds of investigations to prevent there being a perception of obstruction of justice or perhaps abuse of power if there were some kind of meddling in the evidence. we saw that trump chose to declassify one memo and sat on another, sent it back to the democrats to declass -- to redact. so then he could then declassify it further. all of this just creates a very strong appearance of a conflict of interest that ultimately will do him proba...