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>> i'm allison cam rata. we're learning more about the victims of the latest mass shooting in america. again, a celebration destroyed by gun violence. this time a hero managed to grab the gun and prevent even more carnage by the shooter. police say this man, 72-year-old right here on your screen, he obtained a gun somehow and he opened fire at the star ballroom dance studio in california during a lunar new year event. he killed ten people, and wounded at least ten others. >> that was in monterey park. and then the shooter went on to another dance hall where he was confronted by brandon say. say's family owns that dance hall. he told "good morning america" he had never seen the shooter before. he first noticed the gunman after hearing what he described as metal clinking. >> that's when i turn around and saw that there was an asian man holding a gun. my first thoughts was i was going to die here.
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this was it. something came over me. i realized i needed to get the weapon away from him. i needed to take this weapon, disarm him, or else everybody would have died. >> after he forced that gunman to leave, police say that the shooter shot himself in a van in torrance, california, after a standoff. ther bass shootings so far this year. today is only the 23rd of january. that's according to the gun violence archives. and it means that there have been more mass shootings, as you heard, more than there are days so far in the year. cnn's josh campbell, natasha chen are near the scene in monterey park, california. josh, what more are you learning about the shooter? >> reporter: well, we're learning, victor, more about the type of weaponry that was used in this attack that left ten people dead here in monterey park. police say that this was a semiautomatic assault pistol that was used. and it is actually illegal under california law. now, there's still questions remaining about how the suspect got access to this weapon.
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because of his age, he's 72 years old. it could be that he bought that weapon decades ago, prior to california's assault weapons ban going into effect. but authorities are continuing to look at that. we're also learning chilling new details about how this could have been much worse. as you were just playing some sound there earlier from that brave, young man who was able to disarm that shooter at the second location in the neighborhood of alhambra, i want to take you -- have you take a listen to some additional sound from that young man, just a truly, truly harrowing story. have a listen. >> i lunged at him with both my hands. grabbed the weapon. and we had a struggle. we struggled into the lobby, trying to get this gun away from each other. he was hitting me across the face, bashing the back of my head. i was trying to use my elbows to separate the gun away from him. creating some distance. >> reporter: now, it was that weapon that led authorities to
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identify the shooter after that second location he was disarmed. he fled. authorities got a vehicle description. they broadcast that out to law enforcement around the southern california area here. it was a police officer in the city of torrance, which is about 30 miles from where natasha and i are here at the crime scene. that officer saw the van, tried to execute a traffic stop. the suspect began to flee. those officers then heard one single shot. those officers backed off. they called in the s.w.a.t. team and we saw yet on cnn, live, this long standoff that was going on, eventually that tactical team decided to make entry to that van. they found the suspect deceased from a self-inflicted gunshot wound and finally, because the suspects is now deceased, they obviously cannot interview him. they're working to determine what was the motive here. talking to people he knew and conducting a search at his residence for any clues, guys. >> what incredible action by that hero. i mean, being hit, being as he said, punched in the face and still didn't let go. natasha, tell us what you're learning about the victims.
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>> reporter: yeah. the l.a. coroner's office identified two of the ten people who died at this dance hall behind us on saturday night. they are 65-year-old my nung and 63-year-old lilian lee. three more women and five more men who have yet to be named, but we know that all of the ages of the victims are in their 60s and 70s with one of the women in her 50s. this is truly devastating. this is what we have heard from people who have been to this dance studio before, that this is the demographic who came to have fun and to learn ballroom dance. in fact, we're learning that the suspect himself was a regular at this dance studio. gave informal lessons, according to his ex-wife. she told cnn that they actually met at this dance studio. we also know ten more people were injured as of last night. seven of them remain in the hospital. i spoke to one person whose friend was inside and he was still looking for her as of last
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night. and i couldn't get an update on that this morning. but it goes to show that horrible feeling for so many family and friends who were trying to locate their loved ones. their loved ones going out to celebrate during this lunar new year weekend and did not come home. here on the scene we've had people come up to the gates right there, laying down flowers, telling us that while they may not have a personal connection to the people who passed or were injured here, they are members of the community. they are shaken. one woman brought her 9-year-old son here and said that unfortunately he can't be shielded from this. she has to explain to some degree what's going on. and i also just saw a group of people huddled together praying. so, this is definitely shaken this predominantly asian-american community of monterey park here. alisyn and victor. >> understood. josh campbell, natasha chen, thank you. ed davis is the former police commissioner of boston and mary ellen o'toole, former
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fbi special agent who also served as a senior profiler. i want to start with you, mary ellen. this is not what we have come to expect with mass shooters. this guy is 72 years old, and he's part of the community, from all the reporting that we have. he frequented that dance studio. what do you see here? >> he definitely is an outlier. at that age, compared to the average age of most shooters which is really in their 30s. i think there's more here, but i think he did target those -- the first club, at least, because he had ties there. but based on the way his shooting was described and based on his preparation with all the ammunition, he went there to kill people. he didn't go there to scare them or rob them or just injure them, not with that kind of a weapon. so, you need to pull back. what they're doing now is looking at all his background to see if there might be some kind of pattern of paranoid behavior here which would be consistent
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with what some people reported about him years ago. he believed he was being poisoned by family members and there was also a report that he had thought that the dance instructors there at the club were saying things behind his back. and with somebody of his age, it's possible that his paranoia got increased, and that could be associated with domestic violence and it also could be associated with suicidal ideation, which happened in this case. >> commissioner, we're used too. maybe telegraphing what's coming. social media demographics would suggest a 72-year-old man doesn't have any of that but still have to get to the question of why. walk us through, talk us through that process that's likely happening now. >> that's a great observation, victor. it's probably not going to be a
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big footprint on social media with this guy. so, they -- the investigators will go back to the old fashion tried and trued methods of interviews. and executing searches at the residence and in the vehicles and the place of business of this individual. they will pull every piece of paper. they will pull all of the digital information from his cell phone. then very methodically they will go through one by one each acquaintance that he has, all of his family members, anyone who could shed light on what mary ellen has just said to try to figure out exactly what went wrong with this guy. tragically we just see this combination of deep seeded psychological problems combined with high capacity firearms. it's a toxic mix that's really hurting this country. >> mary ellen, in addition to his paranoid behavior that you brought up, there are also reports from former friends of his, as well as his former wife, that he was easily agitated, he
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was hostile, he was quick to anger. but that was 20 years ago. and so, does that track with some personality disorder that gets worse over time and can lead to violence? >> well, it could, especially if he's -- if those are his personality traits. your personality is hard wired by the time you're in your mid 20s. you can't expect changes in what your personality traits are. so, if he continued especially living alone, where there was no pressure on him to seek professional help, those traits could have gotten worse. and that includes becoming more and more paranoid. >> commissioner, this went from the initial shooting to the situation resolved and the end of the threat in less than 24 hours. and we heard from the sheriff there in l.a. county and from all of the leaders that they credit this joint regional intelligence center and giving them the opportunity to share
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information very quickly. explain how crucial that has been in this case thus far. >> that can't be understated. the amount of cooperation that's occurring now just after basically 9/11, just after 9/11, i and a number of my cleeks met with director mueller and talked about the importance of force multipliers and the importance of all working together towards the solution to terrorism. but that has expanded over into the type of cases you see now. i've been to innumerable homicides where the find motivation has been determined to be someone was disrespected. and sometimes it's as simple as that. but if you don't have everybody pulling together, getting the information out there, looking at the profiling information as we talked about, trying to figure out where this guy may go next, then there's a very good
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chance he's going to go and kill somebody else. every police officer in that area was looking for that white van after the sheriff made his comments. the sheriff did a tremendous job, but it took a team effort to find this person 30 miles away at a place where if he was allowed to go in, he clearically had another firearm because he shot himself with it, there could have been more of a disaster here. so, everybody did a heads-up job on this one. >> yeah. mary ellen, i know you're a criminal profiler, but can we just about the hero for a second and what his mettle is made of. he immediately recognized from looking at this guy's eyes that he himself was probably going to die momentarily. and yet, he went towards the danger. he was wrestling the gun away from the gunman. he was being bashed in the head and hit in the face. i mean, what's that guy made of? >> it's unbelievable because most people in his situation
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probably would not have done that because they would have realized just how dangerous that interaction was. so, the selflessness and the bravery and the commitment to stick with it so he could pull the gun away from that offender is just incredible. and he's so humble about what he did, which is an incredible display of ability and just courage and really true heroism. >> indeed. >> mary ellen o'toole, ed davis, thank you both. president biden is under growing scrutiny from leaders of his own party now after fbi investigators found six additional classified documents at his home in wilmington, delaware. the white house will take questions a short time from now. we'll take you there live. and more warning signs today that recession is on the horizon. we'll tell you when it could hit ahead. ♪ not coughing? hashtag still not coughing?! mucinex dm gives you 12 hourss of relief
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and it can change yours too. - [narrator] visit snhu.edu. life... doesn't stop for diabetes. be ready for every moment, with glucerna. it's the number one doctor recommended brand that is scientifically designed to help manage your blood sugar. live every moment. glucerna. - [announcer] do you have an invention idea but don't know what to do next? call invent help today. they can help you get started with your idea. call now 800-710-0020. this is just in to our "cnn newsroom." jurors have reached a verdict in the second seditious conspiracy trial. this one involves three alleged oath keepers and a fourth person accused in the january 6th insurrection. >> the defendants face a range of charges including three
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conspiracy charges, obstructing the electoral college vote and tampering with evidence. the new republican chair of the house oversight committee wants to know who had access to president biden's wilmington, delaware home. congressman james comer requested visitor logs for the president's residence. the fbi found six more items containing classified material during a nearly 13-hour search on friday. >> this is on top of the classified documents that were discovered previously at the wilmington residence and at the former vice president's former office in d.c. the white house counsel's office said today the president is taking the situation seriously and the doj will have access to whatever information it needs. but democratic senator joe manchin just told our manu raju that he is worried. >> it shows there's a real concern that we all should have how this can happen. that's really what the special counsel is going to find out. has there been any damaging things occurred because of these
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documents. and how do we prevent that from ever happening. >> when biden says there's nothing there there, do you buy that? >> that's not a good statement. we don't know. >> here with us now cnn legal affairs correspondent paula reed and phil mattingly. what do we know about these latest documents that were found? >> reporter: this search certainly represents an escalation in this on going investigation. most of what we know about this search on friday comes from the biden team. they emphasized this was a planned search that was conducted with their consent. they've really been trying to hammer home this team of cooperation, amplifying that message to differentiate this investigation the one into former president trump deals with the retention of classified information and looks at whether he tried to obstruct that investigation. now, what we've learned about what was taken from the house, also comes from the biden team
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and they describe what was retrieved as, quote, six items consisting of documents with classification markings and surrounding materials. but alisyn, we don't know exactly what that means. they're using this very specific but non-specific term items. we know from a reporting that investigators are still reviewing what they took from the house. so it's possible we could get additional updates. they have historically updated us when the page number, the page total, was greater than when they first revealed. could be they're using this generic term they don't have to offer us more updates. the white house wants to down play this. the fact is that an fbi search of the home of a sitting president is unprecedented. and raises a lot of questions about why there were still classified materials from his time as vice president in this house and how secure they were. of course the special counsel robert hurr hasn't started yet. he expected to begin his job in the next week or so. and then he will oversee a full criminal investigation into the handling of these classified
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materials. >> phil, democrats are now becoming more critical of the president's handling of classified documents. how is the white house handling this? >> reporter: that's a risk. i think the white house officials have been cognizant of. but there's difficulty in terms of managing it in part the strategy white house officials have been so steadfast at maintaining. it's a strategy that's framed around a long game, trying to focus entirely on ensuring the legal risk is as minimized as possible, not necessarily trying to go out and answer every single question or perhaps trying to spin things to somebody's favor. and i think that leaves open the possibility that democrats who are watching this, like senator joe manchin, senator richard durbin earlier this weekend as well look at it and grow concerned and start to raise issues. democrats for the most part have been very clear they support the appointment of a special counsel. they want to wait and see what that investigation ends up laying out. obviously this creates another wrinkle for white house officials to try to grapple with as they've been grappling with the repeated disclosure of new classified documents being
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discovered and also grappling with the investigations on going from capitol hill. house republicans have ramped up their efforts, both house judiciary committee and house oversight committee to dig into this as well. white house is now officially responding to one of those committees. james comer, the white house counsel, sending a letter to comer, talking about the white house received the requests they've gotten. they're willing to be responsive to legitimate requests, a number of considerations they need to take into effect, not the least of is they quote in the letter, i'm sure you're aware these include the krit cat need to protect the integrity and independence of law enforcement investigations to some degree. the white house counsel echos what it says implicitly in that given the fact that special counsel investigation is on going, house republicans probably shouldn't hold their breath about getting a lot of information. now the least of which is because keep in mind most of the information here white house doesn't actually have access to at this point, guys. >> phil mattingly, paula reid, thank you both. harry litman, former u.s.
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attorney and former deputy assistant attorney general, also with us, cnn national security analyst and former assistant secretary at the homeland security juliette kayyem. a week ago congress asked for the visitor logs from the white house. they said they don't keep them at a private residence. this secret service was proactive then in saying we don't have them either. should there be visitor logs? should that be a new practice that is enacted so we know who is visiting the president when he's at his personal residence? >> it might be. i'm not sure if the request for this information is actually relevant to the investigation at hand. as you know, there's a certain amount of crocodile tears going on. >> sure. >> with these efforts against the white house. there are reasons why a president may not want everyone to know who is visiting him, since he does have a personal life.
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but, i think that can be an easy fix. i don't know why it would be opposed in this sense. you would want to know who is visiting a president and that he's not bypassing normal rules by having meetings elsewhere. but at this -- right now we certainly know that this request for information has less to do with the classified information than trying to do some sort of linkages between what trump was doing at mar-a-lago and these dated materials, which they are -- i was thinking about this just from the national security counterintelligence perspective, i know i could go blue in the face saying they're so different. the best analogy is to say this is like equatiing dandriff and decapitated. they're both problems related to the head and both different in kind in the sense of willingness of the biden white house to give these materials and also where they -- from a counterintelligence and national security perspective, the fact that most of them, at least what we know so far, are quite dated
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as compared to more contemporary information and as we were reporting obstruction concern by the trump folks. >> well, yeah. i think the obstruction is the big difference. but we don't know what's in these documents. we just don't know. i mean, and so there's a feeling of are our national secrets being exposed? harry, same question to you. i was surprised there aren't visitor logs kept. i know it's his private residence, but he is the president. chairman comer didn't need to see visitor logs at mar-a-lago. the american people, aren't we entitled to know who is visiting the president on his off days? >> maybe. there's a strong tradition in the country since george washington that former presidents stay private citizens. i can see that. and i think that juliette and paula reid and senator manchin for that reason raise the right questions. what should we do?
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why is it so easy? but the important point here, those questions are in no way criminal law questions. and we now have a criminal law special counsel to look into them. presumably hurr will get to the bottom of it, but i think the white house's efforts over the last few days are to push reset. they had hoped to keep it quiet. not go on to criminal footing. that has proved vain hope and scandal with has risen around them. so fine. let's look into these. why has it happened? is it very easy to do? et cetera, et cetera. but let's always keep in mind and leave it of course to juliette to have the perfect analogy, there is no question yet of any, any kind of criminal behavior, even knowledge especially on the part of the president. >> harry, let's listen to senator dick durbin here who is one of the democrats who is becoming increasingly critical of the president's handling of classified information. >> when information is found, it
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diminishes the stature of any person who is in possession of it because it's not supposed to happen. whether it was the fault of a staffer or attorney, it makes no difference. the elected official bears ultimate responsibility. >> this is the fifth discovery of classified documents. now, again, we're talking about a couple dozen documents compared to the hundreds from the former president, but what do you make of senator durbin's characterization of this? >> i make along with manchin there's concerted decision by the democratic folks to say, he's got to be more contrite. he has to really own it a little. of course, it's frustrating. from his point of view, i think as best he knows, he literally did nothing. but they're saying there's a political position to put this behind you in part by mea culpa or modified mea culpa. you can see why they wouldn't
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want to and overall strategy is this is all with doj now. but something like this is probably going to be forced on him by the politics, especially since they know that the republicans and you saw an example of it, are laying in wait with beared teeth ready to bash him on any aspect of this. again, though, policy issues, political issues are different from criminal law issues. >> okay. harry litman, juliette kayyem thank you. in atlanta, police cars with torched after protests turned violent. we'll take a closer look at troubling crime trends haunting u.s. cities. that's next. the u.s. and germany are facing pressure to send war tanks. moscow warns against it. hear what the kremlin says ahead. wer of 7 moisturizers & 3 vitamamins to smooth, heal, and moisturirize your dry skin. gold bond. champion youour skin.
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a jury has just returned a verdict in the second trial against three oath keepers and another individual over the january 6th insurrection. all four defendants were found guilty on seditious conspiracy charges. >> cnn law enforcement correspondent whitney wild joins us now. what more are you learning. >> reporter: well, this is a huge win for the justice department because going into this case there had been a really big question about whether or not the justice department was going to be able to make the seditious conspiracy charge stick with these defendants. and here is why. in the first oath keeper's trial, they were only able to make it stick on two defendants. and those were much higher-level people within the organization. so the question had been, will they be able to get a conviction on these lower-level members? and clearly the answer to that
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is yes. again, this case targeted three members of the oath keepers and a fourth person associated with this far right pla maly shous. these four men roberto minuta, edward vallejo, stop the certification of joe biden 2020 electoral college victory. the justice department rather said that that was a conspiracy that culminated in the attack at the u.s. capitol on january 6th, 2021. again, this is a huge win for the justice department. as they try to bring this very rare and very serious charge. what is really the capstone case as the justice department seeks to bring justice for all of these rioters, who infiltrated the capitol on that day, who caused mass damage and who harmed police officers. so this was really the main charge that the justice department had been seeking as they were trying to basically bring these thousands of people who went into the capitol to justice. again a huge win for the justice department here. again, it follows this ten-week
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trial of this previous oath keeper's case where the top leader of the organization stewart rhodes, wells another member of that organization, another leader of that organization, kelly megs both were convicted of seditious conspiracy in that case. notable that there are other convictions here for this latest group that includes conspiracy to obstruct an official proceeding. that's also carries pretty heavy sentence of up to 20 years in prison. obstruction of an official proceeding in addition to conspiracy to prevent an officer from discharging any duties. so, as you look at the list of possible charges here, really this jury came back and said -- and made a very strong statement against these defendant. now the question is how much time are they going to get in prison. we won't know that for several weeks. but again, this is a really slam dunk for the justice department. after they were unable to again bring this seditious conspiracy charges against everybody in the first case. alisyn and victor. >> whitney, thank you.
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back to harry litman. exceedingly rare these convictions on seditious conspiracy. what's your reaction? >> exceedingly rare even the trials. they have a checkered history before this episode. the last one department brought about ten years ago ended in acquittal. whitney is exactly right. this is the crown jewel, top charge, that there is. now it stands to reason in a sense because it's conspiracy and conspiracy means an agreement to do something unlawful and just any overt act. no reason lower level people can't be part of a conspiracy and yet given how difficult these are always to prove, it is, as whitney says, a very significant victory for the department of justice. now, we'll see how the proud boys suit featuring enrique and four other defendants comes out with the same charge, but this is about big a victory as the doj could have with respect to the thousand or so defendants
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the actual ma rotters who stormed the capitol on january 6th. >> whitney wild, thank you for the reporting. harry litman, thank you for the analysis. the new mexico republican accused of orchestrating a series of drive-by shootings against his democratic political rivals will stay in state custody until the case goes to trial. a judge found that there was enough evidence to support the prosecution's argument that solomon pena is a risk to his community. >> separately, the state's attorney general has also just launched a formal investigation into whether pena's campaign, for the state legislature, was partly funded with money from fentanyl sells. what did you learn at this detention hearing today? >> reporter: yeah. the hearing just wrapped up moments ago. we learned that solomon pena will remain behind bars until trial. this was the second time we saw him in court. a virtual hearing. he didn't really visibly react to the proceedings. but new mexico has a relatively high bar for keeping someone detained before trial. but the prosecutor argued that pena is simply too dangerous to
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be released. take a listen. >> the state believes that the defendant poses a danger to the community or any other person for which there are no release conditions that could protect our community. essentially what the defendant needs access to is a phone. with access to a phone, he is able to contact individuals. he is able to convince other individuals to engage in very violent and dangerous acts. >> reporter: and the judge agreed. now, so far pena has been linked to four attacks against the homes of new mexico officials, all of them democrats. albuquerque police say that he was fueled by election lies. he was a staunch supporter of former president trump. he believed his own election back in november had been stolen despite having been defeated by nearly 50 points. pena concocted this plot targeting the holmes of democrats. he texted the addresses of these targets to hired gunman to carry
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out the shootings. one a man by the name of jose trejillo. police found guns traced back to the shootings as well as more than 800 fentanyl pills. that car was registered to solomon pena. separately, the alleged gunman for hire also happened to be pena's top campaign donor. albuquerque police are investigating whether pena's campaign was funded in part by cash from narcotic sales that might have been laundered into campaign contributions. of course new mexico's attorney we have just found out attorney general has also launched his own formal investigation into his campaign finances. guys? >> yeah. we have not heard the last of this, clearly. thank you for the reporting. troubling signs for the u.s. economy. most business economists expect more layoffs in the coming months. we'll tell you what that means for a possible recession.
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♪ russia is warning that ukraine will pay if other countries send leopard battle tanks to kyiv. poland is signaling it will send the german-made tanks to ukraine if a smaller coalition of other countries does the same. germany says it will not block poland from providing the tanks. western leaders are pressuring berlin to send the tanks to ukraine after president zelenskyy asked for them again, but so far germany has resisted. >> now over the weekend some members of congress argued the u.s. should send abram tanks to ukraine if that's what it takes to get germany off the fence. let's bring in cnn east kylie atwood live at the state house. where is the biden administration on this whether to send tanks today? >> reporter: well, there's a lot of back and forth on this.
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but significantly what we're hearing again from the biden administration today is that this is a sovereign german decision. but the fundamentals here are still the same as they were last week when it comes to what the biden administration feels over this. they are not fundamentally opposed to sending tanks to ukraine. but they say that american-made tanks, which are abrams are just logistically complicated and aren't as great with gas. so they wouldn't be effective for the ukrainians on the battlefield. where as they feel that the leopard tanks, the german-made tank, a dozen european countries have, would be more effective on the battlefield for the ukrainians. while they're saying that this is a decision that's up to germany, they are saying that this could be useful to the ukrainians. listen to what john kirby from the nsc said earlier today on "cnn international". >> i certainly can't speak for the germans or what's going into their calculus about the leopard
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tanks. there's a lot on the european continent and could be effective on the battlefield. what germany does, they have to decide. they have to work through this in a sovereign way. >> reporter: now, an interesting remark that you referenced there in the intro was that over the weekend the german foreign minister said that germany would not stand in the way of these european countries who have these leopard tanks, these german-made tanks, from sending them to ukraine if they were asked to give the green light. so that's what we're really watching for here now is poland going to ask germany officially and poland is actually saying they are in a position where they would move forward with about a dozen of these european countries and send these german-made tanks to ukraine without getting the green light of germany. so that would be extremely interesting situation to watch. the other thing that we need to watch for is if germany doesn't give that green light, does the biden administration feel like there is mounting pressure on
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them to give ukraine these abram tanks that right now they have said just wouldn't be effective on the battlefield. >> kylie atwood at the state department, thank you, kylie. a community is on edge, the family of nickels just watched video of the deadly police encounter and prosecutors are preparing to release the footage to the public. we have a live update. not coughing? hashtag still not coughing?! mucinex dm gives you 12 hours of relelief from chest congestion and any type of cough, day or night. mucinex dm. it's comeback season. this is a tempur-pedic mattress and it's designed to help make aches and pains a thing of the past... by relieving pressure points and supporting your body in a way no other mattress can. experience the mattress ranked #1 in customer satisfaction by j.d. powe four years in a row. ♪ i gotta good feeling about this, yeah ♪ ♪ i'm with it ♪ ♪ i gotta good feeling about this ♪ ♪ yeah, ♪ ♪ so let's get it ♪
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businesses are expecting to cut jobs this year. >> cnn's matt egan joins us now. matt, explain what's happening here and why they're so concerned. >> alisyn and victor, the concern really remains over high inflation, and the fed's war on high inflation, right? the fear really remains the same, that the fed either already has or will soon go too far, right? raise interest rates so high they slow the economy right into a recession, and there are some flashing yellow lights. we've got two more today. the leading economic index out today, ten months in a row. this is a compilation of ten indicators on the real economy and financial markets, everything from jobs and wages to stocks and bonds, and the problem is that every time this indekts, a index, and you can see it on your screen, it's down, and it falls in this short amount of time, a recession has followed. a key line from this report, they wrote quote, there was widespread weakness in deteriorating conditions in
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housing, and financial markets. another report out for the national association for business economics found that more economists expect that their own companies will cut payrolls than add to their payrolls in the next few months. we haven't seen that since 2020. i think that the truth is, though, there are some conflicting signals about the economy, right? on the negative side, consumer spending certainly has slowed. manufacturing service sectors are in contraction and housing is getting crushed by the spike in mortgage rates, but there's positives too, and those positives are leading some economists to predict there won't be a recession. inflation is cooling off. unemployment rate is tied for the lowest level since 1969, and the fed has gone from slamming the brakes on the economy to merely tapping the brakes and that is a good sign. you put it all together, clearly there are risks of a recession, but it's not a foregone conclusion. >> what about spotify? >> they're cutting jobs and every day almost we hear companies cutting jobs.
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spotify is cutting 60% of its work force. that equates to about 600 people. just last week microsoft and google parent alphabet claim they're cutting thousands of jobs. facebook owner meta, twitter, they've all done the same. in a memo, they said, look. we thought some of the positive trends during covid were going to last. they haven't. the advertising market has s slowed down. i think the big question is what does this all mean for the broader economy? d tech is a small part in terms of overall employment and it's possible they could cut jobs and it does not spread completely to the rest of the economy. >> matt efgan, thank you. >> thank you, matt. investigators are still searching for a motive behind america's latest horrific mass shooting behind a lunar new year's celebration. we're expecting an update from the officials in monterey park,
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winter, and guess what? places in the south have eseen more snow. atlanta, they have had more than a trace. considered measurable. we have had many days without measurable snow in new york, and if we continue, we'll get to the second longest consecutive streak without snowfall. there is snow on the radar, considerably across much of the northeast. think about "dumb & dumber," and one of the quotes, you're telling me there's a chance. there certainly is. we don't have to look too far to the north and west, just west of i-95, and that's the back edge of the precipitation. we have some time before we lost that opportunity to breaking our streak. i think we have better chances on wednesday. a storm is brewing across the deep south and it'll bring severe weather. also