rapid fire moves aimed at gutting major biden era u.s. climate policies. listen. >> the environmental protection agency is initiating 31 historic actions to fulfill president trump's promise to unleash american energy, revitalize our auto industry, restore the rule of law, and give power back to the states. >> all right. cnn chief climate correspondent bill weir joining us now. walk us through what the trump administration is planning on doing here, or has already said it is going to do when you just were on our air yesterday talking about the temperatures being incredibly, dangerously high worldwide. >> yeah, highest, hottest. >> ever. >> 27 separate billion dollar disasters last year in the u.s. alone. and of course, the ground level pollution affects asthma, heart disease, premature death, all of that. this administration

is taking just that chainsaw to all of it. the epa is sort of a victim of its own success. not a lot of people are old enough to remember when the smog was so thick around american cities. you could taste the air or rivers were starting on fire. the regulations to stop that pollution obviously worked. and now they say we don't need them anymore. so they're going after power plant regulations. we've got the list here. oil and gas, wastewater regulations, coal ash, which is a huge problem. of course, a lot of these pollutions are dumped in communities with no voices on the margins, vehicle emissions, tailpipes. he's going after that. but then yesterday he was helping sell teslas on the lawn of the white house. so there's no coherent policy to any of this. coal fired power plant closures. nobody's opening up new coal plants. it just doesn't make any sense anymore. it's dirty and too expensive. sun and wind and storage is cheaper. the greenhouse gas reporting program, he's gutting environmental justice. they just dropped a case in louisiana with this community. an elementary school right next to a petrochemical plant that was leaking possibly hazardous materials. they just dropped the case and said it was a blow

against radical equity, inclusion and diversity policies from the previous administration. so a lot of this stuff has to go through courts. it has to go through congress. a judge this week scoffed at the trump administration holding back $20 billion in environmental grants and climate grants, saying you have to prove that there's waste and abuse. you can't just cut these programs. so this could drag out, but it certainly sends a message to the rest of the world that the u.s. is, is is going absolutely backwards. meanwhile, china is leaning into electrification in ways that are staggering. even the most bullish analysts there. so it's clear now that china is going to own the post-carbon economy as a result of this administration. the question is how many people get sick? of a comeback of pollution. being given carte blanche as promised as trump promised to oil executives before the election. >> yeah. bill weir, thank you so much. really appreciate your reporting on all of this. and

throughout on the climate. all right. a new hour of cnn news central starts right now. >> so is this trade war about to spiral? i ask because moments ago, president trump issued a new threat to further escalate the trade war, now threatening a 200% tax on france's wine and champagne unless they pull back on their tariff on american whiskey. and it is deadline day in washington. agencies across the federal government, ordered by president trump to give elon musk's doge team their plans for a new wave of layoffs and restructuring, and do so no later than today. here's a quote. the economy is weakening as we speak. that's a warning from the ceo of the world's largest asset manager about how president trump's policies are paralyzing americans and american business. john is out this morning. i'm kate bolduan with the one and only sara sidner. this is cnn news

central. >> moments ago, a major escalation in president trump's trade war. the president now firing back at the retaliation europe took yesterday. here is what he just posted. quote, the european union has just put a nasty 50% tariff on whiskey. if this tariff is not removed immediately, the u.s. will shortly place a 200% tariff on all wines, champagnes and alcoholic products coming out of france and other eu represented countries. cnn's alayna treene with us right now, we've got this message here. this is the president sort of jumping back at france, who, by the way, was hit with tariffs when he put a huge tariffs on the eu this week. what are you hearing? >> yeah. >> look, sarah, this is actually i mean one not totally

unexpected given if you've listened to what the president has said repeatedly, he really when i talked to trump administration and white house officials, they essentially say that they believe that the president is right to put these tariffs on these different countries. and if they're going to retaliate with tariffs of their own, that he's going to punch back several times harder. and that is what we are seeing today with this announcement in this truth social post. i just want to read a little bit for you. he said he would impose a 200% tariff on alcoholic beverages from the eu. he said if this tariff is not removed immediately, that's the 50% tariff. excuse me, that they had the european government had put on the united states goods following the tariffs that trump had initially placed on all steel and aluminum coming to the united states. he said, if this tariff is not removed immediately, the u.s. will shortly place a 200% tariff on all wines, champagnes and alcoholic products coming out of france and other eu represented countries. he went on to argue that this would be great for the wine and champagne business in the united states. but look, i think this shows this approach that the president, his

administration, is taking shows just how quickly some of this tariff policy can get out of hand. we are really seeing this not only stop and go approach, but also this for tat retaliation back and forth with a lot of these different allies of the united states that are beginning to really not only obviously affect the markets, which we have seen on a downward spiral for the last couple of days now, but also the relationships that the united states have with these different trading partners. now, i do also want to point out, though, how donald trump sees this as a negotiating tactic. he made that very clear yesterday in the oval office. and part of that negotiation we are going to see continue today when commerce secretary howard lutnick and the united states trade representative jamison green, is going to meet with some of canada's top officials, sarah. >> yeah. i mean, look, elena, when you consider this, i never thought i'd ever have to say this, but there might be a run on champagne because france is the only one that officially has the champagne as a name. everything else is sparkling wine. we will see what happens

here. but this is what a trade war is. if you start and someone else responds, you're then in the middle of a big fight. alayna treene, thank you so much for your reporting there from the white house for us, kate. >> so with a possible government shutdown looming off in the distance tomorrow, senate democratic leader chuck schumer says that he has the votes to block the republican funding bill that passed the house earlier this week. but will democrats actually do it in the senate? republicans need at least eight democrats to vote with them to get this through. democrats right now, they want an even shorter stopgap of 30 days to allow for the normal appropriations process to take place, as it's called. it also gives democrats more leverage and more say, in the republican controlled congress. but house lawmakers have already left town. so what now? cnn's lauren fox joining me now from capitol hill. and, lauren, what are you picking up on this this morning? >> yeah, democrats are really still all over the map, kate, when it comes to what they're

ultimately going to decide, are they going to decide to shut down the government and withhold their votes on a procedural vote that would essentially make them potentially responsible for the shutdown, or are they going to find a way to eventually get to. yes, so that they can at least allow this bill to move forward? and this is a little bit complicated, because there are some procedural steps that have to happen before you get to a final vote. so democrats would be needed for a procedural vote in which 60 votes is the requirement. and you heard chuck schumer yesterday say that democrats are united in voting against that. but there's a little bit of a loophole because some democrats are calling for an amendment vote on a 30 day stopgap spending measure. it's not clear if they got that, if some of them might be willing to vote yes on that first procedural vote. and that is really key here, because that could potentially unlock a path forward for democrats and republicans to find a way to

avert a shutdown. here's a couple of democrats i talked to yesterday. >> so we. >> we can do better than the cr that the house guys did without including us. and we should. so that's that's my goal. i know on this we can do better and we should. >> we we are trying to have conversations on this. and i think the american people should realize that the best path forward here is to do what we normally do, which is appropriations bills, which are sometimes we have to do a short term cr to get there. >> now, ultimately, democrats have a potential political issue on their hands because if they do shut down the government or if they withhold those votes, they could potentially be blamed. and typically the party that doesn't give the votes is the one that is dealing with a lot of the political fallout. you also have to have a plan to get out of a shutdown, because otherwise you have a prolonged scenario where government workers aren't getting paychecks. and ultimately, even if you're trying to make this

about protecting government workers, you can really step on your own message there. kate. >> you say you really put the context altogether very perfectly on where things stand. lauren, thank you so much for your reporting, sarah. >> all right. joining us now to discuss this further. politics reporter for notes, jasmine wright. also with us this morning, cnn political analyst and white house correspondent for the new york times. zolan kanno-youngs. thank you so much, both of you, for being on. i want to get straight to the breaking news, which is donald trump is threatening even bigger tariffs on europe because of the eu responding and france responding to the initial tariffs, saying that they're going to put a 50% tariff on u.s. alcohol. trump now saying he's going to put a 200% tariff on any of the alcoholic beverages coming from france. i want to let you both listen to what we heard from tommy tuberville before he. donald trump made this new fight even stronger. here's what he said

about how americans should be responding to the tariffs. >> no pain, no gain. that's what we used to tell our football players. there's going to be some pain with tariffs. but tariffs got us back as the strongest economy in the world. when president trump was in the first time. he knows what he's doing. the democrats get out of the way. shut up. you have no answers. >> zolan. what do you what do you think about what you're hearing from tommy tuberville telling democrats, look, get out of the way. you don't have any answers. and the the everyone else who is looking at these tariffs, when you look at the polling says, we don't like them. >> you know, one of. >> the more significant. changes when it comes. >> to the rhetoric of republicans and allies of president trump and trump himself, has been the remarks about consumer prices and almost the message to voters about what to expect in terms of the the economic pain that they may feel

there. with tuberville's remarks. i also hear no pain, no gain. and there's something interesting there. it's almost like you're hearing republicans continue to tell voters that there may actually trying to almost hedge expectations on the economic frustrations that will come. we know that with this administration that the president has centered in many ways, his foreign policy when it comes to the western hemisphere as well as europe around tariff threats. we know that that's going to continue. the thing to watch now, moving forward is how do voters respond, especially as the weeks go on and you may see most economists would say consumer prices would go up as that frustration builds, will voters start to turn that frustration against the administration and against and against the position of using these tariffs this frequently? i think the thing that we have to watch in the weeks forward, as you continue to see these tariff threats, are not just the response by different nations, but also how voters respond,

including in town halls, which we've seen in recent. >> weeks. those town halls. jasmine, we have seen for republicans where people have gotten extremely agitated with their representatives because of what doge was doing, which is stripping the government of its workforce, which was affecting local economies as well. but now we're in this situation where democrats now sort of hold the cards in the senate if they decide not to vote for this stopgap measure to keep the government open. what are you reporting on as far as whether democrats are in any danger of being blamed by the american people, even though donald trump has said, look, i have a mandate, i have a mandate. and the republicans are both running the house and the senate and in charge there yes, sir. well. >> i think historically we've seen that really both parties take a share of the blame at any moment when there is a shutdown. but i think democrats are really in a between a rock and a hard place. on one hand, they really want to show their base that

have been quite, you know, unimpressed, i think, with the way that they've been not able to push back on donald trump over these last 53 days, really trying to show them that they hear them and that they recognize that there needs to be more of a united front from democrats to push back against the trump agenda, but also really going against something that democrats never liked to do, which is shut down the government and put federal workers in an even more difficult place than they have been in the last 52 days because of the actions of doge. and so i think that they're really trying to work that out in real time. i'm not sure how many of them are going back to their districts and talking to voters. and i'm not sure how many voters are telling them, we want you to shut the government down. but certainly those are the discussions happening right now on capitol hill. but i think just to zoglin's point, there has been an incredible shift in rhetoric from republicans, not just on the economy, but certainly on what americans should expect in the pain that they have to bear. we just know just, you know, some 2 or 3 months ago, we heard donald trump saying from the campaign trail that these issues with the

economy, that the feelings that people are having about their wallets being shorted them, not being able to make payments or things like that, or just not feeling great about the economy, that those would be fixed on day one. and now we hear tommy tuberville, we hear the white house basically saying that they need a period of transition and that the american people should be more than willing to give that to them because of the gains that they will seek at the end of these kind of trade wars. and i'm not sure that the american people are buying it. specifically, when you look at some of the polling that's happened, including that cnn poll that came out just this week. >> yeah. cnn poll showing very clearly that americans are pretty upset with the tariffs. they do not like them, and they're worried that the economy is not going to be better, but worse in a year's time. jasmine. right. and zolan kanno-youngs, thank you both so much for coming on and discussing this. there's a lot more to discuss and i'm sure we'll have you back very soon. kate. >> right now, secretary of state marco rubio is in canada meeting with his canadian counterpart today. what's happening behind the scenes at the g7 summit? now, as tariff tensions

increase, i'll take you there. live and labor unions are suing to keep doge away from sensitive social security information. what we are learning now from the first really extensive insider account to be made public of the chaos within one of the agencies targeted by elon musks cuts. and a wild video of a snowboarder outrunning an avalanche by just seconds. >> today she starts. >> with a drive. >> but the real work came before. inspired by a coach who recognized her potential. morgan stanley proudly supports first team driving progress for the next generation. >> pick me me me. >> you're still paying for that one. >> i forgot about it. >> experience shows you all your subscriptions and can cancel the ones you don't want. like sleepy mixed dreamy over there. this could save me money. download the experian app.

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today. >> after cooking a delicious knorr chicken cheddar broccoli recipe, you will want to close your delivery apps because nothing beats a perfect combo of sweet tomatoes and smooth, silky zucchini. make your own knorr taste combo. it's not fast food, but it's so good. >> after last month's massive. >> solar flare added a 25th hour. >> to. >> the day. >> businesses are wondering what should we do? i'm thinking. >> company wide power now anything can change the world. >> of work. >> from hr to payroll. adp designs for the next. anything. >> so right now, secretary of state marco rubio is in canada meeting with g7 foreign ministers. as president trump, as we know, continues this morning to fuel a global trade war with a sweeping tariffs just last hour. rubio met with his canadian counterpart, who has called out trump's tariffs as a move to weaken the country in order to, quote unquote, eventually annex canada. cnn's alex marquardt is in canada for following the secretary of state during his travels. he joins us now live. what are you hearing from there, alex?

>> well, kate, there is a lot of confusion. there is a lot of frustration. i think this talk about a u.s. led cease-fire for ukraine is going to soften the landing for secretary rubio here, because that, of course, has widespread support from the canadians and from the europeans. but at the same time, you have the u.s. now putting tariffs and threatening more tariffs on a huge scale on both the canadians and the europeans. and that is really going to antagonize the meetings here. so we'll be looking to see what extent the allies go after rubio and attack him for that, and certainly ask what on earth the u.s. is doing right now. and then on top of all that, kate, canada is hosting the g7 and of course, the trump administration. president trump himself has repeatedly talked about making canada the 51st state in a way that has really, really angered top canadian officials. the first meeting that secretary rubio had here this morning was with canada's foreign minister, who is, of

course, hosting this. and in just the past few days, she has talked about trump's comments about canada, both tariffs and the 51st state comments as being a fundamental threat to her country. this is what she told our colleague christiane amanpour a few days ago. take a listen. >> we want to make sure that we. >> defend who we. >> are as. >> a country. and we've shown we've been shown too much disrespect by the trump point, calling us a 51st state, calling our prime minister. governor, this is not only a personal issue between prime minister trudeau and president trump. it's way more than that. it is much more than just the political rhetoric. it is a fundamental threat. >> and, kate, we asked secretary rubio on his way here what he expected, what he wanted to talk about. and he told reporters that this is not going to be a meeting about how we, the u.s., are going to take over canada. the fact that a u.s. secretary of state even has to say that,

kate, is just remarkable. these g7 summits. this is where the rubber meets the road, this kind of summit, the g7, nato, other groups. they have been at the backbone of u.s. foreign policy for decades. the allies here want to talk about strengthening the alliance. and at the same time, the u.s. is talking about putting tariffs on key members of this alliance. and, in fact, we've heard president trump talk about welcoming russia back into the g-7, which it was kicked out of more than a decade ago. so, kate, this could be a very rocky g7 foreign ministers meeting for secretary of state marco rubio. kate. >> so glad you're there to cover it all. alex, thank you very much, sarah. >> all right. speaking of canada, president trump has said a lot of things about canada recently. some of his comments just plain false. cnn's daniel dale is joining us now with a fact check of the president's claims about canada, which, as you just heard from alex marquardt, have angered our closest ally and neighbor in

ways we've never really seen before. daniel, let's start with what trump has said about canada becoming the 51st state. this is his idea. >> i called him governor trudeau because they should be the 51st state. really, it would make a great state. and the people of canada like it. >> do they really. >> the canadian. >> people loathe. >> this idea. it is wildly unpopular. one recent poll showed 85% opposition to 9% in favor. i've seen opposition as high as 90%. so you can certainly find individual canadians who support it. but the canadian public writ large? absolutely not. >> that is what i thought. thank you for that fact check. all right. trump also claimed in a truth social post that a couple of days ago that canada is one of the quote, as he put it highest tariff nations in the world. true or false? >> also false. canada, in terms

of global comparisons, is a low tariff country. the world bank published a list of 137 countries. trade weighted average tariffs in 2022. canada ranked 102nd from the top, so not even close to the top. in fact, according to that data, canada had the lowest lower average tariff than the united states. canada was at 1.37%, the u.s. was at 1.49%. canada was also lower in a simple average that didn't weight by volumes of trade. so it is true that, as president trump repeatedly says, canada has high dairy tariffs. but he doesn't mention two things, sarah. first of all, those are the exception, not the norm. almost all u.s. agricultural trade with canada gets to canada tariff free and quota free, as the u.s. government acknowledges on the department of agriculture website. and number two, he doesn't mention that those high dairy tariffs only kick in after the u.s. reaches a certain trump negotiated quantity of tariff free dairy sales to canada, and the u.s. is not currently even

close to those quota limits. so the tariffs aren't even actually being applied at the moment. >> and the hits just keep on coming. okay, finally, there's this donald trump saying canada doesn't allow american banks to do business in canada, but their banks flood the american market. what.? >> it's it's not true. u.s. banks have been operating in canada for well over a century. more than a dozen are currently operating in canada. today, the canadian banking association says it is 16, and those include a well known names a wells fargo, a u.s. bank, jp morgan, bank of america. they represent about half of all foreign bank assets in canada. now, it is true that canada has strict regulation over its banking sector, and some of those regulations have discouraged many foreign banks from opening retail branches in canada. but first of all, they're not prohibited from operating from doing commercial corporate banking, investment banking. and second of all, that's not a prohibition. >> you got to wonder why in the heck he is saying all these things that just aren't true. but i know you cannot answer

that question. only he can answer that question. so i will not put that on you this morning. daniel dale thank you so much. i really appreciate you coming on this thursday. all right. the economy is weakening as we speak. a warning from the ceo of blackrock about how president trump's tariffs and federal firings are paralyzing americans and businesses and federal workers are not taking the doge job cuts without a fight. details on a brand new lawsuit that's ahead. >> in the situation room with wolf blitzer and pamela brown today at 10 a.m. on cnn. >> for years, one supplement claimed it improved memory. but the truth it can't support those claims. choose nariva plus, which supports six brain health indicators, including memory with clinically tested ingredients. it's time to switch to nariva. >> i don't play for money. my ambition is to play big, to help and inspire others. that's why i joined so5. they help people earn more and save more so they can realize their ambitions.

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the first in-depth insider account from a high ranking government official on how doge is operating within these agencies. tiffany flick was, until february, the acting chief of staff at the social security administration. she was forced out last month, and her account is part of this federal lawsuit filed last week to try and stop doge in the lawsuit. in her declaration, she says this in part i've witnessed a disregard for critical processes that could result in benefits not being paid out or delays in payments. she also adds that the stakes are high and from in saying from what she has seen, i am confident, she says that doge associate. i am not confident that doge associates have the requisite knowledge and training to prevent sensitive information from being inadvertently transferred to bad actors. joining us right now is skye perryman. she's one of the attorneys with democracy forward, the group representing a coalition of unions and

retirees, including tiffany flick, in this lawsuit. thank you so much for coming in. skye, why was this case, this lawsuit, important to take on? >> this is one of the most important lawsuits i think we've seen since the trump administration took office. because social security information, this is not academic or hypothetical, right? i mean, this is information about every individual in the united states that has a social security number. it is information that people use in order to have their benefits and their retirement. it is also information that's used for a variety of other purposes in our ordinary lives. and this has never happened before where we've had the federal government have, you know, lawless incite, you know, lawless outsiders come in to the agency really ignoring any type of data, protocols, unvetted individuals that are seeking access to the information on individual americans. so this is a five alarm fire, and that is

why we are in court. >> with this account from miss flick. as i mentioned, it's really the first kind of in-depth public account from a high ranking government official on what they've seen when doge has come in. what does she want to see come from this? >> well, you know, i mean, we all want to see that the court does what it's supposed to do, which is to apply the law and to protect the american people. and we're going to work every day for that. but i do think that it is significant that what we have here is someone who has dedicated, you know, their career to public service that is speaking out and saying, this is not normal. this is actually never happened before. this is breaks protocol. this should make americans upset and scared. i mean, if it sounds bad, that's because it is. and that is what we're hoping the court will stop with this action. >> you know, to be clear, what donald trump has made clear just as recently as his speech before congress. and we've also heard

elon musk say quite a lot about the social security administration, is what they want to do is they say they want to go in and look for waste, fraud and abuse, albeit as fact checked, overstated somewhat and what they have found. but to be clear, the social security administration does make some improper payments. an inspector general's report found from 2015 to 2022, they made 70 more than $71 billion in improper payments, and the agency though, issues 1 trillion in benefits every year. so you know it's not widespread. they did not find widespread improper payments is my point though they do see it. so if they're going in, is there a way that you've talked about with your clients that they think that they could work with the doge team, work with towards this goal, and find a common goal of trying to root out waste and fraud within any of the agencies. >> you know, i'm really glad

that you cited the inspector general's report, because inspector generals in our country are people with large staffs, that their job is to be the watchdog of the government, to make sure that there isn't waste, fraud and abuse. and this is a president that, of course, has fired multiple inspector generals. doge has no interest in working within the processes that we have in this country that does report out when there are mistakes at the government, if there is waste, fraud and abuse. everyone wants our government to operate effectively and to protect the american people. but what we're seeing here is a real gaslighting of the american people, because you can't fire inspector generals break process that's going to harm our privacy, the ability to get our benefits, and then say, you're doing it for the good of the american people. when we see nothing from this administration or from elon musk or from the doge, you know, individuals who were just responding to we understand messages on twitter to get their jobs that they're really serious about having the

government work for people or having the government protect people. it seems that they're serious just about breaking things that are really to the detriment of the american people. >> skye perryman, thank you so much for coming on. there are a lot of moving parts and a lot of lawsuits being filed, and we're going to stick close to see how they proceed, this one filed just last week. i appreciate your time. coming up for us, the search for missing american student intensifying now in the dominican republic. we're learning new details about who else she may have come in contact with on that beach. the moments before she disappeared. and for the first time in more than two years, a total lunar eclipse will be visible in the united states. where you can get the best look at the blood moon. >> 10,000 by. >> next month. >> we won't know unless. >> we try. >> right? >> how long. >> have we waited for.

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difference. mucinex. nightshift. it's comeback season. >> i'm oren liebermann at the. pentagon and this is cnn happening right now in washington. >> it is deadline day. president trump has ordered federal agencies to draw up details of their plans for a new wave of layoffs, and they must hand those in to elon musk's department of government efficiency no later than today. more than 100,000 federal employees have been terminated so far, and many of them are now struggling to secure unemployment benefits. cnn's rene marsh is joining us now from washington. and to remind people, these are people from all over the united states, a huge number of federal workers do not work in washington. but outside of the capitol. what can you tell us about the trouble that they're now having and why? getting unemployment benefits.? >> right. so, sarah. >> i mean, let's start with the deadline that's happening today. and just, you know, the state of mind of the federal workforce, which is more than 2

million people here. there has just been this drip, drip, drip of terminations and federal workers placed on paid leave. we've seen terminations and all of that has really been anxiety inducing, to say the least. and it's all been building to this point where we're at today. one federal worker told me last night he had been with his agency for more than 30 years. he missed the day of work yesterday because he was literally sick to his stomach. and that is because this next phase of the trump administration shrinking of the federal government promises to be even more dramatic. the plans that these agencies are submitting today will include more mass terminations, but it's also going to include totally eliminating certain offices and divisions. and the decision on what cuts should be made is happening, even as some of these agencies, like the nih, do not yet even have its director in place. the senate has yet to confirm the nih director. so i am told at the agency level, doge has been involved in the decision making

on staff cuts. opm and omb will improve these plans. and as we know, opm is effectively doge. again, this speaks to the incredible influence of elon musk. and you asked about, you know, people getting their unemployment benefits, even people who have already been terminated from the federal government because this has happened in such a chaotic and fast paced way. many of them didn't even get to download the required documents that they would need to officially file. so it's the anxiety, the build up, the actual moment of being let go, and then not having the paperwork to get the benefits after they've lost their jobs. sarah. >> huge amounts of anxiety around the country with so many federal workers wondering if they're going to be next. rene marsh, thank you so much for all of your reporting on this. it's been really great. okay. >> so you can call this one. alarm bells are going off. the head of the world's largest asset manager, a company known around the world, says president trump's moves to reshape the

federal government and sweeping tariff strategy are paralyzing american consumers and businesses. and he says it is already hurting the economy. cnn's kayla tausche has this new reporting in her exclusive sit down with blackrock ceo larry fink. really important to be hearing from him and important that he is speaking out publicly, i think is is part of it. kayla, what else did he tell you? >> well. >> kate, when larry fink. >> speaks and. world leaders and global markets. >> always listen in, in. >> our conversation. >> he acknowledged the. >> trump administration's. >> policies are collectively. >> weakening american. >> consumers and companies and could. >> mean that inflation gets worse. >> and the stock market keeps going down for several more months. due to all of this uncertainty. so i pressed him on how much the economy could withstand, and he said a recession, even a short one, is quite possible. >> it depends. >> on the duration of a recession. >> could we have a one quarter or two quarters of market of of a flattening of our economy as we try to reset the economy?

absolutely. could we see elevated inflation in the next two quarters? yes, but i'm looking beyond that. if we are able to unlock private capital, as i wrote about in an editorial, if we could, you know, reinvest back in america, if we could build more factories and plants in america that will restart and rekindle the next wave of, of, of a bull market. so, yes, i feel that uncertainty. i know that there are moments when i'm uncertain, but i look at this as an opportunity. >>h opportunity, fink says, was catalyzed by recent political chaos is blackrock's purchase of 43 ports from a chinese company that included the two ports at the panama canal that sparked trump's ire. fink said blackrock had been working on that larger deal for about two years, but the trump's panama complaints may have expedited the talks, and trump was pleased. he said when he called to inform him of the sale. even amid all of this uncertainty, fink's bottom line is he is optimistic and bullish

about investing in america's future, even if there's quite a bumpy road ahead. kate. >> yeah, it seems a big delta between near-term and and long, longer term optimism on this. it's good to see you, kayla. thank you very much for your reporting. great interview. so this week's new episode of united states of scandal with jake tapper, follows the collapse of enron. here's a preview what was he doing. >> that was. >> so alarming and such. >> a no no. >> in fact, if i just bought a. >> company for $10 million. >> from you. >> and one month. >> later, i'm saying it's really worth 15. we're going to ride. >> it up to 15 and put 5 million on. >> the income statement. that 5. >> million is just bogus. you just made it up. >> and that's what jeff skilling did. >> that's what they did. yes. >> they would just assess what they thought it was worth. >> but just a month ago, we had just bought the asset. >> there actually is a hard number. >> there's a hard number. >> but they would not do that. they'd say, well, we think we can get five times this on the market. and so we're going to

say this is worth $50 million. >> yes, it was all legal, but you just can't write things up like that. i mean, that was the beginning of of the seeds of the of the fraud that killed enron. >> you can tune in to this new episode of united states of scandal with jake tapper, sunday, 9 p.m. eastern and pacific, right here on cnn. we also have this just in to cnn. the white house is withdrawing the nomination of dave weldon to be the next director of the cdc. this happened just minutes before his confirmation hearing was set to begin this morning. we'll have more details on that coming in. and also close call caught on video. snowboarder outrunning an avalanche. >> listen to chasing. >> life with me. dr. sanjay gupta, wherever you get your podcasts. >> for years, one supplement claimed it improved memory. but the truth, it can't support those claims. choose nariva

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blitzer and on. >> cnn. >> wild video out of new hampshire to show you. a snowboarder narrowly escaping an avalanche on mount washington's tucker ravine, literally outrunning it. thank goodness they managed to race ahead by just seconds and escape any injury. the video was taken on cameras at the mount washington observatory. quite a story to tell that is remarkable and terrifying and remarkable. also, right now, the west coast is facing a whole mix of severe conditions today. millions of people now bracing for heavy rain, mountain snow and 50 mile per hour winds. cnn's allison chinchar is tracking this one for us and joins us now. and this storm, it's not going to quit and it's not going to quit out west. it's going to continue on. yeah, right. >> this is actually going. >> to end up impacting. >> a lot. >> of.

>> people across the. >> u.s. over the next several days. >> so here. >> is a. >> look at friday. >> you can see. >> the severe storm. >> threat and. >> then the fire risk that's out behind it. >> on the western side. >> now this is all. >> starting in. >> california right now. you've got. >> rain pretty much up and down. >> the. >> west coast. >> but that system is going. >> to traverse across the u.s. over the next several days, taking with it the potential for those strong thunderstorms, some snow, and yes, even the potential for fire danger. and the fire danger is because of these winds. look at this. 60 to 65 mile per hour gusts. so you have the fire threat not only for today, but it actually increases a bit as we head into the day friday. and then the severe threat a little bit slower on friday and saturday. but you can see here you've got a lot of areas that are under the potential here, not just for tornadoes, but also long, long duration damaging winds and also the potential for some hail. that could be tennis balls or even higher. this includes places like saint louis, memphis and chicago on friday and then for saturday, essentially from cleveland all the way back down to new orleans. kate. >> and also then there's a fun first in the last. first time in a couple of years, right? there's a total lunar eclipse

blood moon that is going to be visible. what are we what are we going to be able to see. and where are we going to be able to see it? best? >> yeah. so this is an interesting thing. we talk about solar eclipses a lot. but this is actually going to be a lunar eclipse. and basically what's happening is you can see the moon kind of slides right behind earth, right in that perfect area behind it, lining everything up. now the best time to view this is really going to be overnight tonight. you're talking one to basically about 4 to 5 in the morning eastern time equivalents through there. the question becomes though who's actually going to see it. because that storm system we just talked about that's making its way from the west eastward is going to bring a lot of cloud cover. so when you look at this map there are a few spots. saint louis definitely on the front end of things going to be a little clearer rather than the back end, but also places like kansas city down through lubbock. and definitely even miami. looks like they will have a pretty good chance of seeing that tonight. >> when you said, who's going to see it? i thought you meant time. i was like, where we're up? yeah, we'll be seeing.

>> it 1 to 4 prime time for us. so we're all over it. >> so cool. i already saw it's already sort of that orangy color because i was like, what happened to the. >> moon? when? >> yesterday. oh, really? yeah. i was like, huh? i could see it through all the lights of new york. >> i always think it's like all my contacts. i need to allison morrow. you don't have to. you don't have to hear this banter. thank you. allison. >> thank you. >> so much for joining us. the cnn news center, the situation room. up next. >> in the 90s, enron brought us the ultimate visionary, jeffrey skilling. >> enron cooked its books, overpaid its executives. the whole company went down. the two. >> united states of scandal with jake tapper sunday at 9:00 on cnn. >> mucinex nightshift starts working at bedtime to fight your worst nighttime symptoms. how could you and leaves your system fast? by the time you wake up, you're ready to take on the day. try it and feel the difference. mucinex. nightshift. it's comeback season.

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