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You know, the president had gone on and on almost insulting the fed and the fed chief about higher interest rates last year. the fed said we looked at the data and we think there will be slower growth in the u.s. 2.1% is the growth rate expecting for this year. they are going to pause. they had pencilled in two rate hikes for this year. now they are not going to do that. it doesn't look like any rate hike is pencilled in. people are saying things might be a little less robust than we thought and there are concerns about europe and china. >> lowering their economic growth forecast for the year ...

Responding to criticism after praising his successor the current vice president mike pence. biden's quick walkback, though, could be a sign he is inching toward a presidential run. our jeff zeleny explains. >> reporter: apologies come often in politics, said him for calling someone a decent guy. >> a guy the a decent guy. our vice president. >> reporter: hardly an ugly slur, former vice president biden's words about successor mike pence sparked a telling reaction from the left. >> our vice president who stood before this group of allies and leaders and said, i'm here on behalf of president tru...

He is responding to criticism after he called mike pence a decent guy. you have been reporting on this. biden's very very quick walkback seemed a sure sign that he is worried about the progressives and that he will run for president. >> no doubt at all. 24 minutes by the time that he responded was the exact time on my watch when he was responding. it came after a speech when he was offering praise for the current vice president as he went on by saying he is not respected around the world. the former vice president is possibly spooked by the left and almost certainly running. >> apologies come ...

Live with documents, talking about apparently stories of lies and racism and tax cheating. i think that could have a big impact. imagine if we could turn back the clock and michael cohen was doing an interview on "60 minutes" or live television during the fall campaign, telling these stories. would that have affected donald trump's chances of being elected? i would think yes. if nothing else, this plays into the 2020 election. >> and garrett, these are answers he's going to have to give that potentially -- are they going to be under oath? i know lying to congress, period, is a crime. that's pa...

Openly talking about whether there was a majority of the cabinet who would vote to remove the president. >> that is correct. counting votes or possible vote votes. >> bret: since then, there's been a walk back from a cave on that. take a reaction from the white house, and capitol hill. >> mccabe has no credibility. he was obviously fired by the fbi. we know he's lied on multiple occasions, including under oath, and he's a partisan hack. so he can -- he is trying to sell a book but the mere fact is, he's a liar. >> i promise your viewers the following, we will have a hearing about who is tellin...