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CNN The Lead With Jake Tapper July 7, 2024



powell. taming inflation, powell warns, will require some painful let s get straight to the business correspondent. powell s warning really led to a jolt on wall street. that s a pretty significant drop. really spooking wall street and main street in terms of the messaging we heard here. we haven t seen a day like this in the market since mid june. every sector in the s&p closed lower today. it was a broad-based sell-off as investors parse through what the federal reserve chairman was trying on get across. he talked about the fed will not stop raising interest rates until they are confident. he said we will keep at it until we re confident the job is done. the job being lowering inflation. the the concern in the markets is that when it is all said and done, we will likely be in a very different place economically in terms of consumer spending, the labor market, and the fear is that we are much more likely heading toward a recession. every time the fed has to be more a ....

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CNN The Lead With Jake Tapper June 4, 2024 20:14:00

Their merry time as well. to allow five months to lapse with those documents sitting there? it is important to keep in mind, during that crucial period in early 22, that s when this case escalated from the archives trying on get these documents back administratively, bureaucratically, into a criminal matter. that s one of the biggest questions we had answered today. how did this get to doj? how did it become criminal? they got the boxes, they saw there were documents that were un unfoldered. word of the day. unfoldered. me, too. but to see classified documents mixed in with newspaper clippings, photos, no wonder that s alarming. and then when they realized, we didn t even get them all. trump does not care about the national archives. he does not respect it as an institute. likely wasn t familiar with it. this is what i heard from people. clearly they made it very obvious they wanted these documents back. ....

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