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while reducing the web traffic local papers rely on. so tell lawmakers, support local journalism, not well connected media companies. oppose ab 886. paid for by ccia. golf, but need 77538388 to are visit home serve.com. >> i'm stephanie elam in los angeles cnn closed captioning is brought to you by you, cora, help maintain a healthy urinary tract with you, cora, hiking,
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having utis for ten years. you cora, we make uti relief products. we also make proactive urinary tract health you korea is a lyptsi tried today at your core.com thanks so much for joining us on cnn news central. >> i'm boris sanchez alongside brianna keilar, and we're just 95 days away from election day. kamala harris's campaign is full steam ahead. the next few days will be critical as the vice president prepares to make one of the most important decisions of her political career choosing a running mate. sources tell cnn that harris is going to be meeting with her vp finalist this weekend before making the big announcement ahead of a rally in philadelphia on tuesday and in the latest sign of just how energized the democratic party is right now, the harris campaign is celebrating, what they're hailing is the best grassroots fundraising month in president central history, doubling with the trump campaign raised in july and
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right now, democratic delegates are casting their votes as they expect to make harris the party's official nominee for president. >> this is the official part before the convention. so let's bring in our panel of experts starting with cnn political director david chalian. how does this change things? and we have to be clear, i think about what this moment is. everyone's ready for the hoopla of the convention, but this is actually what seals the deal and makes it official. >> what we'll see here. yes the delegates are participating starting yesterday morning on a virtual process by which they are casting their official ballots for the nomination. they have several days here to do it. we will see when she reaches that threshold of enough delegates to be 50% plus one. and therefore may declared the actual nominee of the party. there will be a ceremonial version of the roll call that everybody has gotten accustomed to see. being at the convention. and that'll play out and everyone in the delegate representative for each state will speak up and offer their state's delegates.
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but it is this now that will actually make her the official nominee. and one of the reasons why they're doing it, the party has said is because they are concerned about ballot access specifically in the state of ohio it's not clear how much of that concern should really exist, but this is what the party's saying is that they want to make sure that their presidential nominee and they're vice presidential nominee get on all 50 state ballots in the ballot in the district of columbia and some rules by doing it so late at the convention in chicago may not allow for that. and so they're doing this earlier virtual roll call. >> let's bring in cnn political commentator jamal simmons to the conversation jamal, you worked for vice president harris. let's take a step back and reflect on what is a historic moment and it comes four years after she ended her 2020 bid. and just 12 days after she entered the 2024 race, when president biden stepped to the side oh, sorry, unfortunate that they were going to a package. never mind the vice president the vice
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president has had a second spectacular career. >> she's been, she'd been at every level of government. she was a da and then she was attorney general minerals united states senator or vice president so he's taken the stair-step. i don't know that we've had very many other national calendar candidates who have done jobs at every single level of government like that from local all the way up to nationals, which she's got this great record. and so what's remarkable about this, obviously, race and gender play a, play a part of this is also xi's are presidential. it could be our first president from california since ronald reagan. but the country is moving more to the south into the west. we're seeing the sunbelt become more where our population is. we're seeing more women leaders take leadership around the country, whether democrat or republican. we're seeing that we're also seeing educated. americans who are started to the country is becoming more educated. so in many ways, she's, she's the kind of breath of fresh air from the future and is thinking about what's going to happen in the future. and i think that kind of background is very
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appealing to people, which is why i think so many people have rallied to these big phone calls with hundreds of thousands dozens of people, and have given $300 million over the course of the last month and cnn's mj lee is live for us at the white house and i will note mj, you were there last night at andrews. >> you were lobbying question after question. in fact, is biden and harris received the released prisoners. they were side-by-side. it almost had this kind of passing of the torch feel about it in the wake of what has happened here in the last couple of weeks, how is the white house seeing this day and this week? >> yeah. i think you're absolutely right that there's been that sense of the passing of the torch and it has been visible for a number of days now really in the aftermath of president biden dropping out of the 2024 race himself. and i just think the last 12 days for so many people in the party then incredibly it head-spinning among the vice
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president's supporters across the administration. of course not to mention in the harris campaign what used to be the biden campaign. i do think that there has been just really this air of jubilance and you can't stress enough what an abrupt shift this has all been for every everybody across the party just to take us back. i mean, again, just 12 days ago and for a number of weeks following that, cnn debate in late june, the mood within the party was one of such darkness and widespread and deep set concern and worry confusion about what might happen next. but the moment that president biden dropped out of this race, i mean, we have seen with the such shear speed with which vice president harris the team around her, have really worked to basically march towards locking this thing up. whether aid is really boosting the confidence with then donors are really walking up. those endorsements from a democratic
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elected officials and really boosting the confidence that i think we're missing for a while. i do think as you were talking about brianna, when we see the vice president and the president out together now, we see these moments where you kind of sense that at the vice president is they're both in the supporting role, but increasingly stepping into the spotlight in a way that we hadn't seen before. we did see a moment like that at last night on the tarmac at joint base andrews after those three americans that were freed got off that airplane. take a listen so much at stake right now to understanding bringing nations together so obviously the vice president, they're talking about the power of diplomacy, the importance of the diplomatic efforts to get to the point that we got to
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last night and that huge historic agreement expect to see certainly more of that in the coming weeks. i did have an exchange with the president where i was i was asking him, you know, did the timing of you dropping out of the 2024 race basically put more pressure on you to try to get this deal across the finish line, the official line from the president and other white house officials have been know that had nothing to do with the timing we were going to try to get this done anyway, but again, just so many different examples of ways in which we are seeing that passing of the torch, as you said, brianna, taking place in real time mj, please stand by. let's bring in jeff zeleny to the conversation. jeff in harris's immediate future or these vp contender meeting, she said to hold over the weekend. what are you learning about? what that's? going to look like? >> look, we're learning that she is not yet made a decision. and until she makes a decision, this whole process can have as much speculation and reported speculation and discussion as
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possible. but look, she's had a busy week on the road. we've seen her in georgia in houston. now she is back home in washington and she's at the naval observatory, does not have a public schedule. we are told her private schedule jill will include really starting to come to a decision here, and that includes meeting face-to-face with at least some of these candidates on the list. these contenders and all of you six contenders are not treated equally. i mean, they are you know, she may have more of a sense, but more information has been collected on them, particularly josh shapiro, for example, from pennsylvania, i'm told significant polling has been done in research about how he would affect the race in pennsylvania and perhaps in other states as well. so this is a decision that a really, it's come together remarkably quickly. we're told that she was not really thinking about this some more than a few weeks ago, perhaps even less than that but it is a decision that wow, i mean going from running mate to picking a running mate of rouen, my guess is she isn't very fresh thoughts of how she would like to work with
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someone like that. so i think that's one thing we sometimes overlook just what is the exact partnership and she's someone who likes to have a vibe with her staff and she's ics to have a good personal rapport, a meal, et cetera. so my guess is that in some of these face-to-face conversations with her and her husband, doug emhoff. she may have a meal with some of them. she may have break bread, but she doesn't have long-standing relationships with most of these candidates. josh shapiro from pennsylvania she has a bit of a relationship with a mark kelly from arizona as well, a tim walz from minnesota. am told hardly any relationship. so that is kind of going into all this feeling out. who wants to be her partner here in the most challenging run of her life, she cooked the meal to cook that'll be curious if they do they assess her, into do they like her food? and it'll be interesting what if they cooked gather because how they could in the kitchen could
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be quite an assessment it is giving dating show by how quickly this is going. >> i will say isaac, you as you write and you have some excellent reporting on this, some jewish democrats wonder if america is ready for a jewish vice president, which i think is a headline that should prompt a lot of soul searching in the democratic party because the fact you write that has other democrats saying that there are some progressives who are anti-semitic because that is the question that is out there. tell us about this internal strife in the party. >> look, most of this is focused on the question about josh shapiro, the governor of pennsylvania, who as jeff says is leading a lot of the speculation about where harris may go. of course, jb pritzker, the governor of illinois, also in this process, he's also jewish, but shapiro has been outspoken as both a supporter of israel and a critic of the campus protests that were there in the spring saying and some, that some of them dipped into anti-semitism in ways and that has led to a lot of focus on him some groups calling him
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genocide, josh, even though he has no foreign policy experience or voting record and you can debate whether there is a genocide that's going on there, but it is creating this question of even among jewish democrats, is this the moment to have a jewish running mate is it is the party going to be two divided over this that leads to other jewish democrats saying, are you kidding? how can we say that we're going to have a problem with this guy just because he's jewish and what does that say about the democrats as a party? if that's where things are, i want to go to molly ball because mali donald trump has weighed in on this. we should note she's a senior political correspondent for the wall street journal molly donald trump just said today that if harris picks shapiro in his words, who happens to be jewish she will lose her little palestinian base trump then went on to say that that base actually prefers him because he will quote, bring peace to the middle east, even though i'm very strong for israel. how do
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you think trump and his team would have react? to a josh shapiro pick for vp i think they're probably most concerned with what the democrats are most concerned with, which is winning pennsylvania and the most salient characteristic of josh shapiro for both campaigns is how popular he is as the governor of pennsylvania. >> look, i don't think the democrats are taking advice about who to pick from trump and his campaign. certainly the concerns that isaac laid out are going to be in the back of their mind. but then there's also the possibility that it cuts the other way as a signal to swing voters that the democrats are not captive to that leftwing base that is you know against what's going on in gaza and would like to see the administration take a harder line with israel and as harris looks to reassure swing voters that she is not the wild-eyed progressive. she arguably ran as in 2020, that
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could be helpful to her as well. so i think all of the candidates she's considering have that potential to appeal to the middle of the electorate and that has a national message in addition to what kind of sway they may have in swing states. and i don't think any swing state is more important than pennsylvania that i think is primarily what both campaigns are attending to even if trump has different ideas. >> yeah, that is numero uno all right, our panel of experts and friends, let's be honest, stay with us, if you will. we have so much more to discuss ahead and also had this hour, the dow is plummeting right now after a discipline pointing jobs report released today, now concerns that the federal reserve waited too long to cut interest rates, and we're standing by for a press conference from the secret service, the agency's acting director is going to give more details on their investigation into the attempted assassination of former president donald trump stay with us who side are you
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and picture your life in motion it's almost time verizon small business days are coming august 5 to the 11th, meet with our experts get it free tech check and special offers. don't miss out gets started today news night with abby philip tonight at ten eastern on cnn all right we, have some breaking news. >> vice president kamala harris has now earned enough delegate votes to become the democratic nominee for president. so it is officially official ahead of the convention, there will be, of course, all of the fanfare, but this isn't, this is the real count. >> yeah, the dnc chair, jamie harrison, announcing that on a call that is going on right now, we should remind viewers that delegates are actually voting online and that's how they were able to go through this process before the convention. let's go straight to cnn's david chalian. david, this is history in the making. i mean, she she is breaking a number of barriers, but also part of an unprecedented race for the white house.
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>> no doubt about it. so it is the second female democratic nominee ever in history it is the first ever woman of color, black woman south asian descent, woman on the ticket here. lots of firsts for kamala harris. she's very familiar with being first. she's been the first in almost every political job that she's had. and so being first is nothing new to her, but it is part of the what we are seeing with the democratic party, part of what this 12 day, just like whiplash speed of coalescing around her is this excitement about inside the party about what she represents, what she brings to the ticket and part of that is also her age, guys. i mean, she, you know, in the switch from biden to harris, you lost 20 years or more on the ticket and that was the biggest concern voters had, and democrats had about joe biden's candidacy. and that got erased in a moment, adding all these other sort of firsts.
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you see it in the fundraising you see it in the organization, sign-ups of people wanting to participate, and you just saw it with the speed with which anyone else who was even considering this in those weeks of like, hey, joe biden may not be there. is there an opening here for me i mean, within hours you recall they were endorsing kamala harris this is a sort of a combination of what has just been actually, i think harris is speaking. i'm so sorry that you're speaking out on the call. let's listen for everything that you are doing and to everyone on the car. >> thank you for your hard work and all you have been doing over these last many, many, many months. and i know oh, we are excited about the future, but we also know that we've got a lot of work to get there and we have a lot of work to do. it's good work. we like hard work and i just want to thank everyone for joining this call listen, i think we all approach our campaign with the same spirit, including that this is truly people powered campaign i
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would not be on this call right now. and with you all, were it not for your support and your trust for which i am deeply grateful i am honored to be the presumptive democratic nominee for president of the united states. and i will tell you the tireless work of are delicate. our state leaders and staff has been pivotal in making this moment possible. and your dedication cannot be overstated. your dedication to our country you know, i know we all feel this way so strongly. we love our country. we believe in the promise of america and that's what this campaign is about so of course i will officially accept your nomination next week. once the virtual voting period is closed. but already i'm happy to know that we have enough delegates to secure the nomination. and later this month, we will gather in chicago. united as one party
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where we're going to have an opportunity to celebrate this historic moment together. and again, this campaign is about all of us coming together, people coming together from every walk of life, every lived experience, and being fueled by our love of country, knowing that we are prepared to fight for the best of who we are we believe in the promise of america, a promise of freedom opportunity, and justice, not just for some, but for all and ultimately in this election, you all have heard me say many times, we each face the question, what kind of country do we want to live in? do we want to live in a country of freedom compassion, and rule of law or a country of chaos fear and hate. and the beauty of our democracy as we each, every one of us has the power to answer that question. and that is why i say and know the power is with the people. so here's the
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bottom line. i say to all the friends on the call we are going to win this election and it is going to take all of us whether it is making calls connecting with our communities, engaging online, or even talking with people where we go every day, whether it'd be to the grocery store, our church we are going to talk with people about the fact that we are all in this together and we stand together there and so let's let folks know that our campaign is about the future and it's about an expansion of rights and freedoms. and for the opportunity of everyone, to not just get by, but to get ahead so november 5, november 5 is 95 days away. and north carolina, for everyone there, you're kicking us off with absentee ballots that are being sent in just 35 days so we are we are in yes, everyone we are in this we are on the road and,
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it's not going to be easy. but we're going to, we're going to get this done and as your future president, i know we are up to this fight. and when we fight, everyone will say in unison we win thank you, everyone. please take care and i can't wait to see you in chicago. and thank you again, jamie we've been listening to vice president kamala harris accepting the presumptive presidential nomination for the democratic party obviously a historic moment, she becomes the first black woman and in the first asian american to lead a major party ballot she said on the call that she was excited about the future, but she emphasized this multiple times. >> there's a lot of work to do. it's not going to be easy. she said she was looking forward to the convention to celebrate as one party david will go back to you part of the reason that they're doing this digitally is because there was a moment we're democrats feared they may have a bit of a snafu at the convention.
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>> yes. specifically in ohio, the republican legislators there were saying they weren't going to sort of give a waiver given that the convention is slated to happen after their deadline, but governor dewine change that signed a law and it's not really a threat nonetheless, they stuck with their plan. >> we saw this by the way, in the pandemic i'm like for years ago, they also did a virtual vote like this. we should note, she didn't say she was accepting it on this call. what was announced here by dnc chairman jamie harrison, is that she has secured enough delegates to be the democratic nominee. she hit over that 50% plus one threshold. but the voting is still open and so delegates are still getting in their ballots. and so she clearly wanted to not shut that off and allow more time and said that when the voting period comes to a close, then she would formally accept the nomination. of course, we will see her publicly in a grand fashion. accept the nomination when she delivered that speech in chicago, no one is running against her as it she's taken hello, get the delegate ballot, the official ballot. it's comedy harris or present. so
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there you go. that's what it was. and listen, despite her referring to herself as the presumptive nominee and emphasis emphasizing that it's going to be at the convention. the democratic party and kamala harris, they just got married, maybe the wedding is in it two weeks and change, but like it's done, it is signed. it's official. they have made her the nominee with this. she's over the threshold it's it's it's official. i wonder in your reporting as you're talking to voters if there's any sensitivity, as we did think at one time, there might be he to this idea of a coronation. and what has also given the democrats kind of an orderly transition to commonly i was in michigan this week talking to a lot of voters and there was no talk of a coronation, even among joe biden super fans. and the reason for that is donald trump. no other fired? >> yes. he is unified the democratic party. so one of the reasons that this roll call
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vote is happening virtually, yes, as david said, the ohio thing, but there also was some concern about the potential for some challenges in chicago from the uncommitted movement that we saw earlier this year perhaps from some people challenging joe biden, what it's happening now is democrats look more like republicans in milwaukee a couple weeks ago, they seem unified, which is not normally how this party has been. certainly in terms of policy and things, but i have not really picked up any whiff of talk of coronation privately, perhaps by some people who might have thrown their hat into the ring. but as isaac said, there's no one else on the ballot that happened in an instant that sunday. and we are less than two weeks since two weeks ago today, we're heading in the weekend. joe biden was still a running and we weren't sure if he was getting out. now, look at this like the other thing going on here, which is think important to the democratic psychology as it was almost a month of democrats feeling more and more more depressed about their standing with joe biden and really i had
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to go back to a number of sources who all gave me the same quote about being despondent, the same word i said, well, how else would you describe your feeling? like the source of all the bad words to describe? hi themselves paris bounced off of that and she is still riding that goods psychic energy that is there. and i think also people who were concerned about joe biden's health and age, but weren't fully admitting it even to themselves are looking at harris and the way that she has at least. so far been a much more energetic presence on stage. one person said to me, i can't believe how much a relief it is to not think of, to not worry about joe biden falling off the stage every time i'm looking at an event as a high place democratic operative said that to me so all of that is playing out to harris has benefit here. we will see this has been not even two weeks of her as a candidate, as jeff said, there are 95 days ago, the harris campaign is trying to do here is keep the sugar high going
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by, keeping injecting sugar into the system. so this was today, we will at the beginning of next week, have the choice of iraq running mate, then they're going to do this battleground state blitz over the week following. and then there'll be a couple of other things in the week between them and the convention. and then the convention that's the goal here is to just keep this era of good feelings going for kamala harris. >> i'm curious to get perspective from jamal simmons because damar's as the democrat on our panel, you've been writing that wave from the nadiia post debate with joe biden to what appears to be a unified party looking forward to the convention, polling pretty close to for donald trump in key swing states yeah, those days after the convention were some pretty tough days. >> to do television, but i have to tell you so in the democratic party, we have nominated the vice president every single time of vice president has run for office in the modern era. so you think about whether it's humor, hubert humphrey or walter mondale, al gore. so it would have been irregular for us not
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to nominate vice president. and if you think about the last two vice presidency, get elected to the white house, whether it was joe biden who just got elected because it was george hw bush how people felt about the president they worked with was a great indicator as to how they ultimately, whether they ultimately is exceeded. al gore won the popular vote. i've worked in that campaign. he won the popular vote, but people have mixed feelings about bill clinton. and we had a mixed result, right? and that election ended up with george w bush what we saw last night when the vice president and the president were together on that tarmac, but new people is the strength of something that i think people will ultimately come to regard. joe biden for why his poll numbers have been in the doldrums. a lot of people feel very positively about him and he had the chance over the course of the next couple of months to keep in mind people why they voted voted for him. and obviously this moment where he decided to take himself out of the race for the sake of the country is something that people feel very positively about. so i just think kamala harris is on a
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good standing as somebody who's been vice president to a president that people i think are going to hold in higher regard and the powers of incumbency. these moments where national security is at play, the economy's at play. she really will have a leg up on donald trump, who in a way right now is fighting an octopus because he's got joe biden, kamala harris, brock obama, and the clintons, all please. people with national standing who can come at him from any direction or jamal, if you can stay with us and our whole panel will we have a lot to discuss on this story again, or breaking news this hour the dnc saying the vice president kamala harris has earned enough delegates for the democratic nomination for president. >> she just marked that moment on a call as well. well we'll be right back with more right. there was the american spirit i shall not seek, and i will not accept the nomination of my party for another term as your presence. 1968, sunday at nine
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wait, you must act fast. calling all now closed captioning bronte by meso book if you or a loved one have mesothelial, will send you a free book to answer questions you may have call now and we'll come to you 808 214000 following breaking news into cnn this afternoon, vice president kamala harris has earned enough votes to win the democratic party presidential nomination. she sort of accepted it on a phone call just moments ago, right? she she called herself that presumptive nominee, but there's nobody really running against her. so it's fair to say she will be the democratic nominee. we have molly ball with us, who's been patiently waiting and listening alongside us. omali, your reaction to this news. it just about a month-and-a-half ago. no one really saw this coming no. >> i mean, i mean, maybe a little bit by day, she's she was the vice president's, so she was the next in line and we
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had already seen the trump campaign start to make arguments, calling her a sort of president in waiting because of the concern about joe biden's age. those who was a factor in the campaign? it was someone who was being scrutinized. but obviously it has been a pretty head-spinning news cycle for all of this to have changed. so quickly and we have seen both campaigns just have to throw out their playbook and start from scratch with really unpredictable results. so i think you know jim, i'll put his finger on it earlier about sort of what the promise and the problem are for vice president harris, which is on the one hand, she is a potentially history-making candidate. she is potentially the first woman president, first black woman president, the first president of south asian or asian descent. and all of those things code to voters as new, as change. and in an atmosphere where the electorate really is not happy with the direction of the country and wants change that in addition to her being much younger than
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joe biden is very powerful in terms of the way she comes across. on the other hand, she has been a part of this administration and this administration and its policy seize are not popular. joe biden's approval rating has gone up since he quit the race, but he's still not popular and so to the extent that she is seen as part of that problem, part of the status quo that is going to be the main thing she has to overcome i mean, i think molly, it's still to be seen with very important constituencies in very important states, how she is doing. >> but there's also, i mean, just subjectively, she's done qualitatively pretty well, right? i think we can all agree on that so far is this has rolled out, which leads us to the question of when is she going to have a misstep? they're just part and parcel for being an account and pain. and i wonder, you know, perhaps one opportunity for that could be giving an interview. i wonder what you are seeing ahead that could be these moments that could be
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challenging for vice president harris well, i certainly hope that she gives interviews. the wall street journal is a great platform, for example policies against speaking as a journalist, but also speaking as an american, i do think that she, she owes it to people to lay out where she stands on all these issues and not just do it by having her suppose spokespeople give background quote saying that she no longer supports whatever position she took last time around. >> people do want to know where she stands. people i think understand that this is a very fast rollout for her and that she's got a lot of things to do and turns, including picking a running mate. but i think it is going to be incumbent on for her to define herself in more than just slogans and to really say where she stands on a lot of the issues that people care about because look, if she wants to make this campaign about the future, she's got to tell people what that future vision is for her in terms of the policies that she plans to try to enact?
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>> cnn, we should note mali also a great place to sort of outline your vision for the next four years of the visual element. yeah, also one advantage nevertheless, david, on another opportunity would be at a debate. and there's some question as to whether or not the previously scheduled debate between donald trump and joe biden is, going to happen given that the trump campaign is saying, well, things have changed now, but it's kamala harris yeah. >> i think they said that they're waiting until should be officially becomes the nominee to actually engage with. it. well, welcome to this new phase of the debate over debates. now that she has crossed this threshold, by the way, as we were sitting here, i just thought that they sent out a fundraising appeal where she says, i've just secured of delegates to win the nomination, please donate to isaac's point about wanting to keep injecting sugar into this, but i do think, the trump campaign had committed to a september 10 debate on abc as the second debate. after the cnn debate in june clearly they have not completely pulled out of that yet, but they've made clear indications that that is
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not their desire anymore to do that debate either on that date or with that network or what have you. so i do think we are in this moment here a will there be a debate? let's hope so for the american people, because that is extraordinarily valuable to voters to save the options before them side-by-side. i certainly hope there is there will be pressure for it to do so when it happens, where it happens, how it happens, what that said. i think when you do replace a candidate on top of the ticket, i don't think it's unreasonable that there's a new negotiation around what that is. and i think that's what these campaigns are going to have to engage in that who might pay politically, david, do you think if they don't debate listen candidates tend to agree to debates when they think it's going to serve their interests, right and so both joe biden and donald trump agreed to that first early june debate because they thought it was both going to serve their interests that obviously did not prove out to be true. >> it did not serve joe biden's interests. clearly, the way that he performed at
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that debate. so the question brianna is back is sort of like, whose interests does it serve? and i think that you can still make the argument that there is interest for both of them, that they could both get something positive out of the debate. you were just talking about different slices of voters in key states. now do you think with as we see the enthusiasm for republicans around their nominee and now for democrats around their nominee. we've gotten back to actually a more traditional place in american politics where the partisans or rallied around and this fight over the middle, i think where's joe biden was fighting to actually energize his own team back onto the field that doesn't seem to be kamala harris's concern right now. and so now i think we're back into this very traditional like these seven battleground states, these voters in the middle of the electorate that are going to have to be swayed one way or the other. and i think there's probably value for both candidates and debating to appeal to those voters. >> somehow back to where we started in a funny way david, molly, jamal, isaac, jeff, great conversation. appreciate
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it. please come back some time. much more to discuss on this story ahead, our breaking news this hour, the dnc saying that vice president kamala harris has earned the democratic nomination for president, will be right back knew mr. clean, ultra foamy magic eraser with the scrubbing power magic eraser and the cleaning bar don question, make soaps come here, disappear and sprays can leave grime like that ultra foamy melted on contact can you ultra volley magic eraser at mid mobile, we like to do the opposite of what big wireless does. they charge you a lot? we charge you a little. >> they put their names on arenas, we put hours on my lower back. so naturally, when they announced they be raising their prices due to inflation, we decided i did to deflate our prices due to not hating you. if this were one of their ads, they ended here with a happy customer so will end out with an angry you get to the angry go meet the jennifer's gen x,
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month call, 1803558, 9-9-9 are visit home serve.com i'm larry madowo in port-au port-au-prince, haiti. >> and this is cnn markets are tumbling. >> all three indices heading down the dow, down some 860 ish points why investors are worried after a disappointing jobs report was released earlier today, the labor market cooling off far more than expected. and now there are concerns that the economy has slowed down too quickly and could lead to a recession. wall street though is betting that the fed will come to the rescue. >> the biden administration is trying to down play fears in what has become one of the key issues of the presidential race, as they say, it's the economy stupid. here's the acting labor secretary telling
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cnn that the dreaded r word is not inevitable. >> both are indicators are not consistent with recession. 114,000 jobs last month is still higher than the last administration had seven two months of less than 100,000 jobs. and, a four-year overall net decrease. and so we are still looking at over 15 million jobs created in this economy. me defied all expectations. a transition as planned from rapid recovery to sustainable growth we have cnn's matt egan there for us at the magic wall. >> i see matt, this soft landing honeymoon was just way too short, could have lasted a little longer in my opinion, take us through the numbers here. >> well, boris and brianna listen, this jobs report was weak, surprisingly week and it is amplifying these concerns about the economy that have started to emerge. let's break down the actual numbers here. in the jobs report. the unemployment rate was expected to be flat. it did not stay flat. it went up to four 4.3%
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going in the wrong direction, hundred and 14,000 jobs were added last month. that was a big miss. let's look at the trend here for job growth. i think that it's clear when you look at this chart of jobs added so far this year, that things have slowed down. i mean, as recently as march, the economy was adding 300,000 jobs even in may, we're still at 200,000 now, much closer to 100,000. that is a big deceleration is still adding jobs, but not by enough to keep up with all the supply of workers that's why we've seen the unemployment rate moves higher, 4.3%. obviously miles away from the spike to 15% back during covid, but it has moved higher. this is actually the highest rate in nearly three years. i think the truth is, it's just too soon to know whether or not this is a growth scare or something more serious. one, bad jobs report is not enough to make a recession. and in fact, i talked to the top economist at bank of america and he told me
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that he still thinks the most likely scenario is a soft landing brianna and boris so matt, walk us through how the markets are responding now yeah, markets are not taking all of this well at all, you see the dow is down almost 800 points, nearly 2% the nasdaq 2.5%. >> the good news here is that actually this is off the worst levels of the day if you believe at one point the dow was down nearly 1,000 isn't points in the nasdaq was down 3%. investors are clearly pricing in the greater chance of at least a slowdown in the economy. they're also betting that the fed is going to have to come to the rescue. look at this, the odds of a large rate cut at the next meeting in september, a 50 basis point cut. this was looked at very unlikely just 24 four hours ago when it was at 22%. now, the markets are pricing in basically a two and three chance that the fed is going to have to do a big rate cut in
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september that is quite the move in a short amount of time and it does reflect this growing sense that maybe the fed is late right? remember the fed was laid back in 2021 to respond to inflation, waiting too long to raise interest rates. now, there's concerns that his waiting to long to cut them to respond to these cracks that have emerged in the jobs market. one last thing i'm going to leave you with though, is let's look at where here are the markets have been over the last year. it's true that today has been an ugly day. yesterday was a bad day for the market. but look at this, we are well above where the market was earlier this year you can see things are obviously getting a little bit bumpy are in the market. and that reflects the fact that the risks have risen as far as what happens to the economy, but thankfully the market is still up over the past year. it's just gotten more vault boris and brianna all right. >> matt, thank you so much for that. we do continue our breaking news this is how rich of what is really history in the making, vice president kamala harris set to become the first black woman, the first woman of south asian descent to
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lead a major party ticket. this hour, harris earning enough delegate votes from across the country to clinch the nomination. so let's go straight to cnn's mj lee, who is live outside of the white house. mj, tell us about the significance of this moment. nearly two weeks after president biden decided to drop out of the race and endorsed his vice president when the vice president can i called into the dnc meeting earlier this hour, she did make clear i am going to formally accept next week when the voting process ends but what happened today is still a really a moment in history as you guys were talking about the fact that she now has enough delegates to become the party's nominee. >> there is nobody the else there's nobody challenging her. there's nobody else that can get enough votes to win. other than her. so this is really her. the vice president having lock this up in a matter of days, just 12 days after president biden announced that
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he was going to be dropping out of the 2024 race and, you know, we keep talking about this moment of transition and using the phrase passing of the torch, i know it's overused, but it is really the one that comes to mind so often. and you sense that when you are covering the president, covering the vice president, just more moments where you see the vice president's sort of stepping into the spotlight. and if i could, i know that earlier in the hour are you guys took a beat to talk about the fact that she is going to be making history as the first woman who is black, who is of south asian that is going to be at the top of the major parties, democratic democratic party's ticket, excuse me, but i do think that is worth just taking an extra the to digest. brianna, i've been thinking about the fact that, you know, you and i covered hillary clinton back in 2016 together out on the road with her and eight years here's later here we are under the most extraordinary political
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circumstances. we now have a yet another woman and again, a woman of color who is going to to be at the top of this ticket. and now you do think there's just going to be so much hope that is put on her in the same way that there was a lot of hope that we witnessed we talked to voters across the country again, eight years ago that was placed on hillary clinton. the circumstances again are obviously very different. i think a lot of people see the vice president is it in as sort of filling that role of first she checks a lot of those boxes, those historic first boxes, they see her that's sort of the next generation of talent. they see her as being the person that is really different from president joe biden in so many ways one of those ways of course, being that she is in a totally separate generation from the president. so i do think we are headed towards this moment where heading into november, we will see a lot of people across the country three taking that kind of hope with them into
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election day. and i think that is going to be a really remarkable moment in just a dynamic year we shouldn't underplay as we talk about the fact that she has gotten enough votes to become the party's nominee. >> yeah, it is really a historic moment that has, showed up rather quickly and unexpectedly here for us, mj lee. thank you so much. live for us from the white house. and still ahead just minutes from now, the acting us secret service director, ronald rowe, will be holding a press conference with an update in the investigation into the assassination attempt of former president the tromp. we're going to be taking this live. you see these live pictures coming in. stay with us for that so you. have pro massaging bone, easy to grip the massage and the power of two max strength pain relievers works he makes it less knew. >> i see how pro massaging bomb what does a robot know about
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