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CNN New Day With John Berman and Brianna Keilar June 4, 2024 11:31:00

But to do what they want. and senator murphy before i let you go i do want to ask you about something else that s happening, something that president biden called for yesterday, not on guns but on gas prices that we ve seen incredibly high in the last several weeks and months. he wants congress to pass a federal gas tax holiday which would essentially suspend the federal gas tax for the next three months. is that something that you support? i do. listen, i support anything that s going to bring costs down for consumers. what i know is that right now we are in a moment of global inflation whether you have a left leaning government or a right leaning government, countries are dealing with massive inflation because of supply chain constraints, the war in ukraine, lockdowns in china and while i think there are limited things that a government can do to try to bring those prices down right now, i m going to support any ....

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FOXNEWS The Five June 4, 2024 21:19:00

Go ahead. i try to bring out the most favorable light. i wouldn t have made those comments, but i interpret it as saying there are people that are well-to-do, well off, will still enjoy their lives, and there are people not on television i ll let you ask the question. at the end of the day there s three drivers of this. it would be best if people on television were talking about these things. we have enormous supply chain constraints still to this day. we ve got to figure out how we address that long term. i think investing and making cities better, manufacturing cities better, is a big part of that, coordinating with the private sector. the president is trying. i agree with you, judge, yesterday, as you chuckled with me, this gas tax holiday won t solve our challenges here. and three, we have to remember, ....

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CNN The Lead With Jake Tapper June 4, 2024 20:13:00

Global economy, the supply chain constraints that happened, you remember the impact delta had on preventing that supply chain correction, the shutting down on semi-conductor production in asia, the effect that had on global auto production, the lockdowns in china. all those things affected inflation, and of course, this president was out there with a supply chain task force a year ago, so of course there was inflation related to the pandemic that took place before that. what the president what is clear, though, is the gas price element is due solely to what we have seen from the aggression. that it was at $3.31 in january 17th was actually below the real average over the previous decade. now, it s been closer to $5, and you have seen $2 hikes in places like canada and germany. so there s no contradiction between the fact that, yes, we were struggling with pandemic ....

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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 14:02:00

People are underestimating the strengths and the resilience of the american economy. not inevitable, not a ringing endorsement. alison kosik, i m curious, how the markets, how the investors are reading the danger of the economy falling into a recession and when? good morning, jim and poppy. investors are reading what biden administration officials are saying as well. this consistent message that a recession isn t inevitable and there is some truth to that, but then again no one really knows. even fed chair jay powell said after he made his policy decision last week, raising interest rates at a pretty big clip, the last time raising it .75% was, you know back in 1994. he admitted there is a lot out of the federal reserve s control, including high oil prices, supply chain constraints and continued effects of covid-19, of emerging from the pandemic. and there really is no guarantee that raising rates will help to ....

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