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4% of the dow is the worst we've seen in two years. all hit hard because inflation remains stuck and no one can get it under control. an 8.3% annualized inflation rate. the core rate, that is without food and energy, also soaring more than 6.3%. this is the fourth 1,000 point sell-off for the dow just this year. again, this was a worse than expected inflation report. now the president is heralding this inflation reduction act that some people said is actually making the situation worse. because across the board, prices are going up. he's touting the prospect of eventually drug prices...

oath keepers. >> so january 6th committee members have made claims that they can link members of trump's inner circle to the oath keepers. and new this morning the justice department firing back at steve bannon's sudden about face that he's willing to testify before the january 6th committee just days before his contempt trial begins. trump is waiving executive privilege as he said -- as bannon has said and waiving should certainly be used loosely here, perhaps in quotation marks so that bannon can testify, but the doj says that doesn't matter even one bit. more on that in a moment...

state department is rejecting steve bannon's sudden willingness to testify before the january 6th committee days before his criminal contempt trial is set to begin. bannon produced a letter from donald trump, trump saying he is waiving executive privilege so bannon can testify. here's the thing, the committee and most legal analysts say no privilege existed in this case to begin with. what's more, federal prosecutors argue, trump never invoked executive privilege here. so, this doj court filing also reveals that former president trump's attorney justin clark was interviewed by fbi in...

monkeypox outbreak. this is what we are watching at this hour. thank you for being here. i'm cait baldwin. what could be the final hearing of the investigation into the insurrection, a key witness is a former spokesperson of the oath keepers. committee members are promising that the testimony and others will help connect the dots linking members of donald trump's inner circle to the extremist groups and now, another wildcard. former strategist to trumpkin steve bannon is willing to testify days before his contempt trial is set to begin also at this hour, live pics from the white ho...

focus tonight. we have a crisis of accountability in this country the american federal government today whatever rules you break or damage you do, problems you cause hate, hurt, harassed, nothing ever happens. you can fail and fail and fail again and you are rewarded , not punished. pandemic, fentanyl, baby formula, afghanistan and inflation now we hear they may not be able to get the election out the door on time because education department is a competent. number one denominator nobody's held accountable. they just keep on trucking. zero accountability because the establishment alw...