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tv   New Day Weekend  CNN  August 27, 2022 5:00am-6:00am PDT

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flooding concerns. you still have a flood threat for all of these areas you see in green along the gulf coast. another area is going to be into the midwest where not only do we have the chance for flooding, guys, we also have the potential for some strong to severe thunderstorms including some damaging winds. >> yikes. allison chinchar, thank you so much. your next hour of "new day" starts right now. ♪ good morning, everyone, and welcome to your new day. i'm amara walker. >> i'm boris sanchez. former president trump again is calling for a special master to intervene after a judge unseals documents about the search of his mar-a-lago home. we have the latest in his legal battle and what we're learning act those classified government secrets he was keeping. president biden lays out his plan to forgive billions of dollars in student loans. why some say the plan is a good start but doesn't go far enough. also, stocks plummeting
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after fed chair jerome powell promises, quote, forceful and rapid action to tame inflation. why he's warning of more economic pain for all of us. count down to liftoff the highly anticipated mission launching monday to get americans back to the moon. ♪ ♪ thank you so much for waking up with us. saturday, august 27th. that means it's the weekend. doesn't that feel good? to relax. >> it does feel good. >> enjoy breakfast. hang out with amara walker. >> we don't get to enjoy breakfast. what are you talking about? eating between. >> you don't see it, but i'm e enjoying it. >> are you having beef jerky? >> prosciutto. >> fancy. we have a lot of news to get to. we're learning more information from the affidavit authorizing
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the search of former president trump's mar-a-lago residence. now the heavily redacted document reveals that classified material found at the estate includes some of the country's most sensitive secrets. >> according to the filing, the fbi said the search at mar-a-lago would likely find evidence of obstruction. it also said authorities had probable cause to believe that classified materials were taken to unauthorized locations within the estate. and the fbi found 184 classified documents in the 15 boxes of material that they retrieved in january. >> let's get more details now on what the mar-a-lago affidavit reveals. cnn reporter marshall cohen joins us from washington. marshall, i know you have been perusing this heavily redacted document. what are some of the take aways from what we see there? >> reporter: good morning, guys. welcome to the weekend. for all those redactions, there was actually a lot of stuff that the justice department revealed.
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don't forget that the doj and attorney general merrick garland didn't want any of this to become public. they were arguing last week that none of it should be released. here we are today, looking through a pretty lightly redacted document. so, you mentioned earlier one of the key paragraphs there, i'll read it in full for the audience. it's all about probable cause and what the fbi believed was at mar-a-lago and why they needed a search. of course, you can't just go. you have to ask a judge for permission. so they said to the judge, quote, there is probable cause to believe that additional documents contain classified, national defense information, or that are presidential records that currently remain at mar-a-lago. they went on to say that there is also probable cause to believe that evidence of obstruction will be found at mar-a-lago. now, the parts of this affidavit that were about obstruction, that was pretty redacted. i wish we could tell you what
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was in there. can't. at least right now. but the parts about the classified information we did learn a lot. and that's where the fbi was making the case to the judge that, look, your honor, when we went in january, when the national archives went in january of this year to mar-a-lago to voluntarily get boxes from donald trump, they found a ton of classified information in those boxes. and the fbi believed there was more to find. specifically, according to this fbi affidavit, those boxes in january that were removed had 67 confidential documents, 92 that were designated as secret and then 25 top secret going in order from least sensitive to most sensitive and among those top secret documents, guys, there was stuff that was labeled as part of the programs that are able human intelligence sources. those are the spies that help our cia overseas.
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there was information about signals intelligence and intercepts that the nsa handles. the government goes to extraordinary lengths to keep that stuff secret. they don't want it just lying around in some unsecured location at a club in florida. so, that's what the case -- that's the case that the fbi was making to the judge and the rest is history. the judge took that warrant, signed it. he found these sworn statements from the fbi to be credible and the rest is history. >> and, of course, why is the big question? why were these documents laying around unsecured at this beach club owned by the former president trump? marshall cohen, thank you. so joining me now is nick akerman, former assistant special watergate prosecutor and former u.s. attorney for the southern district of new york and steve hall, former cia chief of russia operations and a cnn national security analyst. welcome to you both, gentlemen. let's get straight to these documents. steve, i'll start with you.
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184 classified documents that were turned over from mar-a-lago in january. as you heard from marshall, many of them marked as secret or top secret. the filing also notes that the markings would typically signal there were national defense documents and also, steve, the fact that these documents were intermixed with newspapers, notes and printed articles. could there be an innocent explanation in your opinion, steve? >> you know, i can't think of one. i just can't. i racked my brain. i can think of lots of reasons why donald trump might decide, okay, i'm going to take this information, whether it's just i want to keep copy of these love letters that i had with the north koreans or whether it's other things. but you know, when i left service in the cia, you know, i didn't throw a bunch of stuff in a box and say, yeah, i'll sort it out later. this is some of the most sensitive stuff that the u.s. government works with. hcs, human classification
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system, the human control system, and it basically governs how it is that the u.s. government tries to protect human sources. top secret sci information is more technical collection, but again these are things that the government works years and years and years to develop these sources of information. and the fact that it's handled so loosely and inappropriately in a non-classified type of way that we had at mar-a-lago, it's a significant question with regard to how badly u.s. national security has been compromised. amara? >> so nick, this is an on going, active investigation which has been emphatically stated many times. do you believe that the investigators will get to the question of why is that the priority, why these documents were laying around in mar-a-lago? >> oh, i think it all comes down to this issue of concealment that's listed in the affidavit. i mean, i think the big issue here is that there never would
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have been a search warrant issued if the documents had just been turned over and there hadn't been this concealment. so the obstruction of justice is really the key issue that the government is looking at. and of course, the affidavits doesn't give us any details on what that concealment was. but we have some clues in the fact that there is this long history over a year and a half or so where they just trump and his minions didn't turn things over. they did it piecemeal. a lawyer claimed that everything had been turned over when, in fact, it hadn't been turned over. and it's pretty clear that that was the sort of the initiating factor that led to this search warrant. so the real question comes down at the end of the day who is going to be prosecuted with respect to donald trump, the question is, what knowledge did he have? did he know that this material was being concealed? did he purposefully do that?
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and if he did, he's facing a potential felony here that carries with it 20 years in prison. >> and nick, just to follow up on that because, you know, the judge said last week that he was inclined to unseal this affidavit with those redactions in the interest of transparency. do you believe that was accomplished? did the unsealing contradict at least trump's claims of a political witch hunt? >> oh, absolutely. it's not just the affidavit itself but the entire process that this judge engaged in in pretty much one week period of time. he started off by basically taking these issues of unsealing extremely seriously a few days later he issued a 14, 15-page opinion that really laid it out for the public what the issues were, how the balancing worked, balancing the government's interest against the public's right to know.
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basically concluding that the government's interests here were paramount, but he was looking for the least obtrusive way to be able to provide information to the public, and that was by redactions and asked the government to redact it and they redacted to the point where they didn't jeopardize witnesses, jeopardize investigative techniques or the investigation itself. so the public saw all of this out in the open. they see what's there. if you look at this affidavit, it's 38 pages, which is extraordinary. i've done lots of search warrants as a prosecutor. i've done lots as a defense lawyer. 38 pages shows to me that this was a very well thought out declaration. they even put in what trump would consider exculpatory information from his attorney who asked that his letter be put into any submission to a federal
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judge if there was an issue here. so they bent over backwards to really put together an affidavit that was bullet proof. and if the public looks at this and everyone looks at this, clearly there was no witch hunt. clearly it was not politically motivated. what we have here is a judge who absolutely carried out his function of being a neutral judge to look at the facts and decide that the search warrant was, in fact, warranted. >> clearly there was no evidence that was planted there in mar-a-lago, right? so steve, another aspect that was not mentioned in the affidavit was the security camera footage at trump's beach club that was subpoenaed. and is being or has been reviewed. but look, there clearly is concern over our national security, right? how might the intelligence community be forced to respond to this knowing that spies or sources among other information
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may have fallen into the wrong hands? >> yeah, that's a great question. you know, correctly many of us focussed on the legal aspect that you were just discussing. i'll leave that to legal experts. but from a national security standpoint, this is of grave consequence. again, this is some of the most sensitive classifications that we have predicting really sensitive programs. and you know, if it's mishandled, people end up dead many times. which is why the national -- our national government, the dni specifically, the director of national intelligence, has been tasked to pull together some sort of damage assessment, to take a look at these documents and say, okay, if the bad guys, if adversarial countries like china, russia, north korea, iran got access somehow to this information or became aware of it, how badly would that negatively -- how badly would that impact the national security of the united states? and that's a significant step because it shows that there is concern about those questions. and there should be because we
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have seen over the past months attempts that i assess or attempts by foreign governments, foreign adversarial governments to try to penetrate, try to get into mar-a-lago simply because you get to understand how lax the security is at that location, which, of course, part of it is public. it's a resort. so, we have seen chinese nationals show up there with thumb drives which could very easily copy information. we have seen most recently some sort of ukrainian woman person whose identity hasn't even been clarified yet but scored a round of golf with donald trump. so the question is to how sensitive and how good the security is around mar-a-lago to protect this information, which has not been properly stored is a valid national security question. i think it's not going to be a good one. >> it's a fascinating and obviously quite concerning conversation as well. nick akerman and steve hall, appreciate you both. thank you so much. >> sure. >> thank you. former president trump's allies have been dismissing the
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affidavit that led to the search as politically motivated. cnn's kristen holmes has that story. >> reporter: the reaction from trump world has fallen into one of three categories. the first one being that public outrage and pushback. that's where you saw the former president trump taking to his social media page, saying a total and public relations sub tra fuj by the fbi and the doj. we also heard from many of his allies saying this was political and a witch hunt. then you had the second category, these were trump allies who went through this, people we have been talking to for the last several days who are genuinely concerned that trump is in legal peril. they're worried about the competence of his legal team and they're worried that this time is different. and that this time he doesn't have the same protections that he had when he was in the executive office. the last category -- these were people i spoke to, about five of them, former staffers at both the white house and mar-a-lago, who said that they were not at all surprised that in these
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documents that were newspaper clippings and photographs and presidential correspondence were classified documents, documents that were unmarked, unfoldered, that were in essentially the wrong place and they said this was because of trump's recordkeeping in the white house and then again in mar-a-lago. he was known to walk around and pick stuff up from one box, put it into another. that there was no rhyme or reason to it. he would rifle through papers. they also said that he was known to write on some of these documents, even when aides told him not to, he would pick up a piece of paper that was being set aside and write notes on it to himself. so none of this came as a big shock. now another source told me one other example of this, and i thought this was a good way to look at the way the system worked which is trump would keep some of these records close to him, he could show them off. one of the examples were those love letters, the correspondence with kim jong-un. another look at how there was not really a system in place. again, this goes to a larger
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picture here of what they discovered. the sheer volume of documents. but this is one part of that that his former staffers, former aides were not surprised to see. >> kristen holmes, thank you so much for that. still to come, the friday free fall. stocks plunging after fed chair jerome powell says americans can expect more economic pain while the government works to tamp down inflation. we're going to break down his comments and what they mean for markets ahead this hour. plus, the white house is defending the cost of president biden's student loan forgiveness plan and calling out republicans in the process. ♪ ch, diarrhea. ♪ pepto bismol coats and soothes for fast relief... when you need it most.
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get ready - our most popular battery is even more powerful. the stronger, lasts-longer energizer max. ♪ president biden announced this week that his administration will forgive up to $20,000 in student loan debt for millions of americans. >> and now the administration is working through the details, including exactly when borrowers are going to see that relief and how much it's going to cost.
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>> it's going to be about $24 billion per year. now, just to give you a little bit of context. that 24 billion dollars a year, that is about 3% of what we spend on the military. that's just a tiny, tiny fraction. >> let's bring in cnn's white house reporter jasmine wright. she's traveling with the president in wilmington, delaware. jasmine, good morning. the white house responds to concerns about this plan, a bit feisty. they took to twitter and called out republicans, right? >> yeah, that's right. look, the white house is taking on the criticism full force here. really swatting down accusations that this is a hand out from the wealth. this is something that was a concern for president biden when he came to this decision. and other estimates this would cost up to a trillion dollars from a penn warten budget model analysis released on friday.
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the white house combatted that. that was somewhat speculative and that was the top range, again citing that $24 billion figure we just heard from karine jean-pierre per year if 75% of folks with loans really opt in. you can see on your screen again, $24 billion a year but goes into this larger idea of the white house is now in the mode of defense, really trying to defend the decision to offer this student loan forgiveness to americans. now, the other question that the white house is facing is exactly how they're going to implement it and when folks can start to see some of that relief. white house press secretary karine jean-pierre on thursday did not give full details but listen to exactly what she said in the white house's framing here. >> i don't have a timeline for you. that is something that the department of education is going to work on. we will see who takes advantage of this. but this is supposedly going to help 43 million people and just think about it, if people are saving a little bit of money, right? they're going to go buy that
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house. they're going to start a family. this matters in so many ways. >> so there you heard from the white house really presenting the moral argument here of why they should go forward with this student loan forgiveness and how it could be helping americans. boris, amara? >> i can tell you so many people who are saddled with these school loans have been waiting and waiting to see what the president's decision would be. it took some time. he was quite indecisive about it. can you take us through that process? >> yeah, amara. one democrat described it to cnn as a tortured process, really as president biden went back and forth with his decision. now it relied on a couple different things. firstly his concern over inflation and the impact that would have. we know that is going to be a major issue for this white house as it heads into the midterms. then of course whether or not it would be seen as a really hand out for the wealthy. now, you can look on the screen
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here and see exactly the details at who would be at benefit of it. that was a major concern for biden, morality of it, the fairness of it and of course the economic costs of what it would take. now, of course, there were a lot of people within the white house and out of the white house really trying to advice the president, somebody forceful in their advice for the president was vice president harris, other democrats including elizabeth warren and chuck schumer directly going to the president to say that this is something that the white house should do. and of course we now have his decision and the white house is now in the position of defending it to others. amara, boris. >> jasmine wright in wilmington, delaware. thank you so much, jasmine. so as we alluded to, the response to president biden's student loan forgiveness plan has been mixed. some feel it's extremely unfair. others are happy to see relief and yet others expressed disappointment, urging the white house to do more. joining us now to discuss is wisdom cole, advocate for
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student loan forgiveness and the naacp national director of the youth and college division. wisdom, we're grateful to have you. good morning. you wrote on twitter that you believe this is not going to be the last debt cancellation we're going to see. obviously the naacp has been in contact with the white house on this. has the administration signaled that it wants to go further on student loans? >> you know, i think this first step in cancellation is a major milestone, right? the fact that millions of borrowers across america are going to see relief instantaneously is an amazing feat. the idea to continue to make this a possibility. what we saw this week is that cancellation is possible for so many people who consistently said this day would never come, this would never happen. look what we did. and so we want to make sure we're continuing working with the white house to ensure we're able to find an equitable future for all. >> so, you mentioned this as a first step. what else would you like the
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biden administration to do? >> you know, as we look at the repayment programs, it's really important that we work with those most marginalized in our communities, recognizing that the impact is going to be disproportionate. so we recognize there are still some hoops and barriers, income caps, means testing, things of that nature that exclude a lot of people from the opportunity to see their debt cancelled. looking at the fact that black borrowers on average have 53,000 dollars of student debt in our campaign. we advocated for the cancellation of 50,000 or more. we recognize again this is furthering the conversation that we have been having. we know our data shows that if we're able to cancel student debt we will be working towards reducing the racial wealth gap, which our president is committed to making sure that we are working towards seeing racial equity in america. >> and how about the cost of college because that seems to be incredibly inefficient system, tuition keeps going up, that means more people have to borrow more money, often to get degrees
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that don't wind up paying them enough to offset those loans. so what do you think in the broader system needs to change. >> right, exactly. this fight to cancel student debt is directly tied to the fight and adjustment of the cost of college, right? over the last decade the cost of college has grown tremendously what young people are paying today is not the same as young people in the past. we need to take a look at our morals and look at our system in terms of how we value education, what the cost of education is and how we believe education is a fundamental right for every person in america. i know this fight for many is connected to the fight for free college ensuring people will see this. many people who look like me don't have the opportunity to pursue a degree. i think it's important that we connect that and start to build the dots in terms of what does it look like to change our educational system as a whole. >> that is incredibly important
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point. wisdom, while we have you, i want your perspective on response from larry somers, treasure secretary under former president obama, he argues that this move is going to increase inflation, that it encourages college tuition, that was some of the hesitation from the biden administration that the fear of inflation going up, what's your response to larry somers? >> yeah. you know, we know from the data and research that this is actually going to be a step in reducing the racial wealth gap and also allowing folks the opportunity to become homeowners and business owners and have wealth building income. so really this is an opportunity to help build wealth in america, particularly for those who are low income and really supporting those at that level. >> wisdom, we got to leave the conversation there. wisdom cole, appreciate you sharing part of your weekend with us. thanks. >> thank you so much. >> of course. all right, coming up, the latest flood warnings in mississippi. local officials are urging jackson residents to get ready
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♪ this morning, ports of gulf coast are bracing for some potentially dangerous flooding in the coming days. national weather service officials say the pearl river, which runs through jackson, mississippi, is likely going to reach 34 through 35 feet this weekend. and more rain could lead to flash flooding in the area. jackson's mayor says they are expecting waters to start impacting residents by tomorrow evening. voluntary evacuations are already under way in places that are likely to be affected there. the dow closed down more than 1,000 points yesterday. after comments from federal reserve chair jerome powell sent shock waves through wall street, during a speech to investors, powell warned that coming
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policies could be painful for americans as the fed works to slow the pace of surging u.s. prices. for more now on this is austin gools by, the former chairman of economic advisers under president obama and professor of economics at the university of chicago booth school of business. austin, good morning to you. thank you so much for joining us. >> yeah, thank you for having me. >> i have to say when i heard the word pain, you have to expect pain in households and businesses, my first question was, well how much pain should we be bracing ourselves for? >> oh, i know exactly. and like that's the last thing that you want to be dealing with at this time if you're a business owner. the fed got a little bit of good news when the inflation numbers came out that though the yearly inflation remains elevated, the new inflation in the last two months we actually saw deflation. so maybe we're getting past this
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period of heightened inflation as we get the supply chain problems under control, but the fed has absolutely committed that they're going to do whatever it takes to get the inflation rate down. and so that's meant raising interest rates. i think what happened with the stock market is they saw the inflation numbers and said, okay. it's going to be fine. the fed will stop its rate increases and then chairman powell gave this speech in which he said, we might not stop. we're full speed ahead. we're going to keep raising the rates to make sure the inflation is gone. that disconnect means for pain. >> so full speed ahead. i guess a question is how aggressive? and austin, i'm sure i would be a great student of yours if you knew that i read about paul volker. i hate e con. i was horrible at it. it was a fascinating read to
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learn about how volker, the fed reserve chairman under carter, he aggressively reacted to sky high inflation in the '70s and i think he spiked interest rates from 10 to nearly 20%. but in the long run, it worked. and jerome powell is an admirer of paul volker, so what kind of i guess cues is he going to be taking from volker in terms of how much he's going to be raising the interest rates come september, october, november? >> well, it's an important historical lesson. paul volker was a dear friend and mentor of mine. and as he was to chairman powell. and hopefully it will not come to that. when paul volker took over as the fed chair, inflation was totally out of control. and so it was the job of whoever came in to stop it. because he did that, the fed has a lot of credibility, even decades later, that if the fed chair says don't make me do this, don't make me pull the car
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over, i will do it. the market does believe them. hopefully, as i say, this good news that we have been getting for the last couple of months, at least the new months of inflation are much lower than what they have been. will prevent us from having to raise rates of that nature. but you raise an important point, which is the fed has not raised this rates this rapidly in many decades. and so, everybody is going to just have to kind of get -- wrap their heads around that. and the main thing to be watching are these new months of inflation. if they remain low, then i think people are going to have a sense of relief and the fed will probably slow down. but if we start getting monthly inflation numbers like the ones we saw last year coming back in, then it could be paul volker back off to the races raising rates at really rapid clip. >> i mean, instinctively you
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don't want the cure to be worse than the disease. how much -- i guess i'm asking you to look into your crystal ball, right, because i'm asking how much damage we're going to see to the economy before things can actually get better. is a recession likely or unlikely? >> i have been thinking that given these new inflation numbers improvement, maybe a recession was unlikely. and for sure we weren't in a recession in the first two quarters of this year when we were putting up 4, 500,000 new jobs a month. it all hinges on whether we get the supply chains back in order. i feel like maybe we are getting them in order, so it wouldn't have -- the pain wouldn't have to last. but make no doubt about it, if the war got worse in ukraine and the price of energy started to skyrocket again or we got some new variants of monkeypox or new
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dangerous variants of covid, and we go back into that kind of services sector stall, like what we had for the covid times, we would definitely be in recession. and that's -- that uncertainty is the thing that i think weighs on everybody. >> yeah. that's quite comforting a lot of factors not in our control. austan goolsbee, appreciate your time. >> ukraine's largest nuclear plant is back online after being disconnected from the power grid. but, has a major nuclear disaster been avoided? we're going to take you to ukraine for a live report just minutes away. purchases on your discover card. it's time for the biggest sale of the year, on the sleep number 360® smart bed. it senses your movements and
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♪young people.♪ ♪good times.♪ ♪insurance!♪ only pay for what you need. ♪liberty liberty. liberty. liberty.♪ ♪ ukrainian officials say that russian forces are once again shelling the site of the zaporizhzhia nuclear power plant. the plant is now back online and reconnected to ukraine's power grid after it was disconnected this week for the first time in its history. >> cnn's sam kylie joining us now. and sam, are there any other safety concerns? >> reporter: there are a number of safety concerns. yes, amara. i think the first thing to note is that both ukraine and the russians accuse one another of shelling the vicinity around the nuclear power station. people we have spoken to who have come from the town near there say that they believe it is the russians, not the
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ukrainians. this afterall is a ukrainian power plant. that is the military threat, if you like, that faces the nuclear power station. there's also the technical civilian threat. and it was the latter really that reared its ugly head in the last 48 hours. ukraine's biggest nuclear power plant is making history that no one wants to read. its six reactors are the first ever to have fallen into enemy hands and the first to have the main power source for their cooling systems copped during combat and the first to triggered the emergency cooling system to avoid meltdown and radioactive disaster because of war. >> translator: if the diesel generators hadn't turned on, the automation and our staff at the plant had not reacted after the blackout, we would already be forced to overcome the consequences of a radiation accident. >> reporter: it's only source of
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main line electricity from government-held territory was cut, the government here says by russian shelling. russia captured the plant in march and has been using it as an artillery fire base for a month. it's been hitting civilian towns west across the dnipro river. civilians have been fleeing to the town close toast the plant in fear of war and of a radioactive disaster brought on by it. russian troops, they said, were ill disciplined and dangerous. >> translator: we tried to keep away from them because they were scary. they walked around with machine guns and who knows what they could do. at night they would get drunk, shoot in the air. people were scared. >> reporter: the power to cool the systems was restored yesterday. and the reactors eventually reconnected to the ukrainian grid on friday, supplying up to a fifth of the country's electricity. but kyiv fears that russia may cut power to its cooling system again as part of the alleged plan to steal its output. and that would risk a meltdown.
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zaporizhzhia nuclear power plant is only 20 miles from where i'm standing. there's a powerful easterly blowing at the moment. if there was a disaster there, radioactive material would be carried into the sun and into europe. international demands that russia removes its forces from the plant and allow nuclear inspectors in are increasingly strident. and in ukraine, nuclear decontamination drills are just another part of war. now, boris and amara, the war does continue. it is a very long front line. the zaporizhzhia nuclear power station is on a southern part of that front line, but it extends all the way around to kharkiv. and we recently -- it's been reported now that the dp the break away-russian backed republic in the east of the country saying they are going or willing to hand over the remains of the third american killed fighting on the side of the ukrainians, part of this large
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number of international volunteers that poured into the country, particularly at the beginning of the war. we're not naming him, but he has been named by the moscow authorities. this is a positive sign in aceps that they are prepared to hand over his remains because they have sentenced to death other foreign volunteers who have been part of the ukrainian army whom they accuse of being mercenaries. boris, amara? >> sam kylie, live from zaporizhzhia, thank you for that update. u.s. space exploration is ready to take another giant leap with a new mission to fly to the moon and beyond. the details ahead.
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we reduce homelessness, address mental health, provide spaces for addiction to be broken, create spaces of healing and restoration. for the first time ever, prop 27 will provide permanent funding for organizations like ours. saying yes to prop 27 means more people get the assistance that they nee they get someone to partner in such a way to see transformation come to them. yes on prop 27, because there's no place like home.
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♪ watch parties are popping up all across the country this weekend because we're going back to the moon, boris. or at least the next step on the way there. >> yeah. it's been 50 years since the last apollo mission, but nasa
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says that on monday, artemis one is eventually going to help put a person on mars. cnn's kristen fisher has the details. >> reporter: well, it has been such a long time since nasa had one of its own rockets designed to carry astronauts into space. it's been 11 years since the last space shuttle launch, 50 years since the last launch of the apollo program, but now apollo's mythological twin sister artemis is sitting at the launch pad at the kennedy space center just days away from making its first flight. and part of the reason nasa wants to go back to the moon is because this time around they want to leave a lot more than just flags and footprints. here is nasae eadministrator bi nelson. >> 50 years ago we went to the moon for a day, a few hours, three days max. now, we're going back to the moon to stay, to live, to learn, to build. >> and when he says build, he is
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referring to building lunar bases on the moon. part of the reason nasa and the united states want to do that is because china has plans to do that, too. but first, the artemis rocket has to pass this critical test flight. it's going to launch monday morning, if all goes according to plan. the rocket is going to separate from the capsule and the capsule will then head to the moon on its own. it will orbit the moon for about two and a half weeks at times getting within just 60 miles from the surface. then it will return to earth, test out that all important heat shield before splashing down in the pacific ocean. and the reason that heat shield is so important is because it's designed to protect astronauts who will be inside that capsule hopefully on future flights. so if all goes well, those first astronauts will be on artemis two, likely in 2024 and will orbit the moon and then the big one, artemis three, when nasa
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intends to return american astronauts to the moon but this time they want to land the first woman and the first person of color. kristen fisher, cnn, washington. about time if you ask me. thanks so much for that report. and thank you so much for joining us this morning. amara and i will be back just about an hour. >> yes, we are. smerconish up next. ♪ it takes a village to support society and businesses have a responsibility to support that village. ♪ ♪ i am peter akwaboah, chief operating officer for technology, operations and firm resilience.
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when you think about diversity, the employee network group is fundamental to any organization to provide a community and a belonging environment for the employees. they provide an avenue to support employees and ultimately it leads to retention of the best and brightest. the employee network represents the community at large, and it provides a good feedback loop to senior management to make the appropriate decisions, which ultimately contributes towards the bottom line. if you're thinking about growing your business, if you're thinking about driving the business forward, inclusion is a strong part of this. i am peter akwaboah and we are morgan stanley. it's time for the biggest sale of the year, on the sleep number 360® smart bed. it's temperature balancing, so you both say cool. our smart sleepers get 28 minutes more restful sleep per night. don't miss our labor day weekend special. save 50% on the sleep number 360® limited edition smart bed. ends labor day. ♪
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the fairness of forgiveness. i'm michael smerconish in philadelphia. on wednesday, president biden announced his plan for student loan forgiveness. in the end, he cancelled $10,000 of debt for those earning less than 125,000, 20k for those recipients of pell grants, which by definition go to low income families. the decision sparked a passionate response, i think, akin to what followed the supreme court decision in dobbs which, of course, overturned roe versus wade. remember, a few weeks ago kansas voters rejected by an 18-point margin a referendum that would have made it possible to ban abortion in that state. further proof passion inspired by dogz came last tuesday when

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