♪♪ good morning. i'm jose diaz-balart kicking off another busy hour. 11:00 a.m. eastern, 8:00 a.m. pacific. we have our eyes on the white house which is juggling a number of major issues. in about 30 minutes, we expect to hear from president biden about one of them, inflation and the rising costs for families. right now many parents have a new unimaginable concern of core reese, a nationwide baby formula shortage. >> a couple of stores we've been in has president had it and had to go to the next location. >> i myself am down to one can of formula. >> a potential shortage on the horizon with our covid vaccines, with covid funding stalled in

congress, the white house is preparing for a shortage of vaccines for the fall. that could happen around the same time. it warns up to 100 million americans could get infected. right now the white house wants to make sure there's no shortage of military equipment for ukraine. president biden just signed a bill that will help ukraine get the weapons it needs to fight russia. in ukraine, russia is stepping up its assault on the strategic port of odessa and that steel plant in mariupol. without any major wins for russia, it raises the question, where is the off-ramp for this war. we'll have more from ukraine in just moments. we start with our team looking ahead to president biden's speech on his plan to fight inflation. nbc news chief white house correspondent peter alexander, senior markets correspondent, dominic chu. the president is scheduled to speak and it sounds like he's also going to take specific aim

at republicans. >> reporter: i think that's right. economists note this is one of the most difficult, complex situations any president could face, dealing with the issue in ukraine, the supply chain challenges and beyond that inflation as a large function of the pandemic and people starting to buy in large numbers yet again. the president, we expect to hear from in the next 30 minutes, laying out what his administration is doing at this point. they're going to try to contrast their plans going forward with what they describe as the maga crowd, referring to the make america great again crowd. we'll put up for you on the screen some of the items that the white house is detailing, the progress they say they've made so far. the president announcing their effort to lower the cost of internet access. it will impact about 48 million americans, largely those most in need, the effort to release oil from the strategic petroleum

reserve. one million barrels per day for six months through the end of september. despite that, gas prices hitting a record high $4.37. the president again freezing student debt payments through the month of august just ahead of the midterms. some progressives are calling on the president to wipe out student debt. there's a lot of pushback on that effort, but also fixing the family glitch and the affordable care act which will benefit about 5.1 million americans, half of which are young people, children, by allowing workers who have access to the affordable care act to then share it with their family. underlying all this is the frustration among americans, a lot of it directed at the white house and the federal government, that they're not doing enough to combat inflation. the president's effort today is to try to demonstrate what they say they are doing and how their plans compare to those of their political opponents on the other side of the aisle. >> peter alexander at the white house, great to see you.

thank you for being with us. dominic, gas prices, grocery prices, housing prices, the price of eggs, the price of chicken, the price of food, the price of maet, the price of vegetables all going up. what sort of economic environment is the president trying to address? >> it's the worst inflationary environment in 40 years, jose. that's the point. unfortunately this isn't something that you want to see on your watch, especially if you're the president of the united states, but there's a real question as to how much a president can do to address those issues as peter points out. we've seen those steps being taken. we've seen those steps that he'll play out today, including releasing more oil from the strategic petroleum reserve. those constraints are only part of the story. you have a lot more people demanding things like fuel, demanding things like food. those higher prices haven't yet started to impact people's

spending patterns. people are not driving markedly less just yet. they're still spending money on food. by the way, we're approaching the peak summer driving season. right now what you've got is a situation where the current state of the economy, jose, is the culmination of what experts say is a decades-plus situation. the asset prices, commodity price, raw materials prices have all gone up because of that. then you add on to that, jose, all the various taxpayer spending plans we've seen even outside the pandemic, and all of that has kind of caused this current environment that we're in. >> you're so correct, dominic, that a lot of this -- we're not even seeing it yet. things will be affecting us more in the short term. these higher prices are already affecting american families, as you know. nbc's morgan chesky has this report from dallas.

take a listen. >> reporter: unfortunately one of the consequences of prices going up with just about everything is there's a growing number of people in need of the most basic necessities. at the north texas food bank they've seen a rise in hungry families that absolutely matches that record rise in inflation that the fed is now trying to tackle. >> this morning wall street is bracing for another bumpy ride. >> nasdaq going out with a loss of 4.3%. the selling continues. >> reporter: with the dow dropping more than 650 points monday and the s&p 500 seeking to its lowest level in more than a year, what's driving the market selloff? rising interest rates set by the federal reserve aimed at stamping out rampant inflation as consumers pay more for food, rent and fuel. gas prices hitting a record high today. now $4.37 nationwide. in chicago, some drivers are waiting in line to fill up. >> i was here friday, and the line was all the way out, so i actually left. i just did morning drop-off and

decided to give it a try right now. >> reporter: the rising cost of groceries is forcing more americans to rely on food banks. the north texas food bank has distributed more than 12 million meals in april alone, up 25% in three months. >> we know families are having to make tough choices between the cost of food and the cost of housing. we know that the need is still elevated as a result of the pandemic and inflation certainly doesn't help those that are the most vulnerable. >> reporter: in florida, rita and tony have been struggling to make ends meet, already saddled with medical debt and student loans. >> i first heard the term working poor and i said that's us. we're working full time and still having a hard time maintaining, managing, being able to buy groceries, gas. >> thanks to morgan chess ski for that slice of reality. dominic, i'm just wondering, even the strategic oil reserve, they release a million barrels a

day, but it really doesn't have a real impact on the economy. it's interesting. just last hour we were looking at the stock market and it was up about 200 points, now down about 76 points. there's so much uncertainty. how does this bear out? >> so it bears out in any number of ways. what's going to have to happen right now, and the reason why the biden administration is going to have such a tough time trying to convince americans of this, is because there are so many things that are out of their control. if you take a look at the way that oil prices are shaping up right now, it was arguably already going higher. it was, even before the war in ukraine and russia was going on. you throw that in the mix here. you throw the idea that there's a lot of supply constraints on our end, more demand on our side coming for fuel. fuel supplies are getting choked

off. you have food supplies choked off in many parts of the world, that's the reason you're seeing many of those things happen. all those things get resolved if those supply chain issues start to come a little under stress-free environments. right now that's not happening. what you are seeing a comedown, at least a little bit, many inflation. tomorrow we'll get the consumer price index. what you could see there is it's not going to be as bad as it's been. of course, it's bad. on a month-over-month basis economists are predicting a gain of .2% for the headline inflation tomorrow. if that were to happen, it would be lower than the 1.2% we saw in april. in a year-over-year basis, inflation is still growing at over 8%. if it comes in at 8.1% on an annualized yearly rate, it's still below 8.5% in the previous

month. if those numbers come into line, maybe there's some hope, jose, that the inflation picture may be peaking for the time being. >> we'll keep an eye on that tomorrow. dominic chu, thank you so much. you explain things that to me are complicated in such an easy way and make it easy to understand. we'll keep our eye on the white house. we'll take you there once the president starts to speak. we'll be talking about a growing crisis for america's families. around 40% of america's baby formula supply is out of stock. is there anything being done? one port city bombed by a barrage of russian missiles. the latest from ukraine next. s. the latest from ukraine next on a trip. book with priceline. you save more, so you can “woooo” more. - wooo. - wooo.

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this morning officials in odessa say russian forces have fired missiles into a key port city and hit a shopping center and a warehouse. at least one person was killed. officials say russian forces are trying to disrupt the supply lines and weapons shipments that come through that country's largest port. further east russia's offensive in the done boss region is literally stuck in the mud. meanwhile at home, the house is expected to take up the massive new aid package for ukraine at president biden's request. joining us now, nbc's kelly cobiella and senior capitol hill correspondent garrett haake, retired general stephen twitty, former deputy commander of the united states european command and peter baker, "new york times" white house chief correspondent and nbc political analyst. kelly, what else do we know about this offensive in odessa

today? >> reporter: jose, odessa has become more of a target. through the first couple months of the war they barely were hit a handful of times. now it seems they're getting struck by russian missiles almost on a daily basis. this latest strike, seven miss sishlgs some hitting buildings, residential buildings as well as a shopping center. the mayor of odesa says the warehouse was not a military target. there were no ammunitions depots there, no military equipment being stored there or at the white house. it was purely consumer goods. we're also hearing today from a ukrainian think tank that one of those missiles at least might have been a hypersonic missile which would allow it to avoid air defenses or evade air defenses. the ukrainian military says, no, they were low-grade soviet era

missiles which are simply less precise, don't necessarily hit their targets and end up hitting civilian areas instead. one other point i think is important, jose, we are seeing this increase in intensity and strikes on odesa. it's a very strategic city on the black sea coast. one of the reasons may be because the russians have been trying to get through ukrainian defenses about 80 miles to the east, to push west to odesa, trying to push through the city of mykolaiv right now. they've been unable to get through the ground. some of the ukrainian officials suggest maybe this is why we're seeing this increase in intensity in strikes in odesa right now. >> kelly cobiella, thank you for being was. garrett, let's talk about here at home. what do we know about the timing

of this vote on the aid package. how soon is the senate expected to take it up? >> reporter: the aid package will be larger than the white house initially requested. they asked for $33 billion. congress added to the pile for humanitarian assistance and military aid, the final cost closer to $40 billion. they'll probably vote late this evening on it. it's a little question when the senate gets to it. remember, the senate set aside most of tomorrow to deal with the women's health protectio vote. >> it looks like it will be, as you say, 40 instead of 33. >> reporter: that's right. this happened with the last ukrainian aid package. remember the white house sent a request that it was for $10 billion and it ended up being something like 15 by the time it got to the president's desk.

this aid for ukraine is enormously popular in a bipartisan way. it will move very fast once it starts to move. both parties want their fingerprints on helping ukraine stand up for itself. >> peter, you wrote about president biden yesterday signing a new version of the lend-lease act which allows the u.s. to ship ukraine additional weapons and equipment. how will this speed up the process? >> this is one more tool in the arsenal. the idea is this will remove time-consuming requirements typically imposed on this sort of loan or provision of aid beyond the package that garrett is talking about. this is also a historical milestone effect because what they're doing here is evoking the memory of america's arsenal on democracy on the days of world were ii. it was eventually used to help

the soviet union fighting nazi germany, now used to fight russian soldier. there's a historical echo, having it signed on what the russians call victory day where they celebrate the anniversary of the victory over nazi germany in europe. now they are on the other side of this program. >> an ironic twist of fate to say the least. lieutenant general, how will, speaking of the process of weapons shipments, impact the conditions on the ground in ukraine. >> in reference to the lend-lease program, it hasn't been enacted since world war ii. what this will allow us to do now, commanders on the ground can quickly transfer weapons. it rids the bureaucratic process of having to go back to the pentagon, get the final approval, go to state department and so forth. commanders will have the

flexibility to transfer weapons to poland and to the ukrainians wherever weapons are needed, that flex bill la will be open. i like the ability with the lend-lease program for our commanders. >> lieutenant general, as a senior u.s. defense official told nbc news, russian forces added additional battalions to their offensive in the donbas area, but literally getting stuck in the mud. what do you make of the fact that russians are still apparently not able to have logistically effective and efficient movements? >> assessed now that there are 97 battalion tactical groups in the donbas area. the problem is during this season here in europe, it's pretty much high with rain, so the vehicles are being regulated to the roads instead of being able to take advantage of the

fields and maneuver throughout the fields because they're muddy and so forth. so this is slowing up the russians. as you know they've had previous logistics problems. this brings on the complexity of getting logistics to the front as well. so they continue to have limited success, and they have not accomplished any of their strategic objectives. so this problem will continue here for quite some time with the russians until they get their act together. >> if they ever can get their act together i guess would be another question to think about. meanwhile, peter, last hour the u.n. general assembly voted to fill russia's vacant seat on the human rights council. russia was suspended over human rights violations in ukraine. has russia's -- we have to remember the human rights council is filled with countries that are particularly poster

children for human rights violators. >> the human rights council has been a problematic body in recent years because the very countries you would think it would be examining are the ones running or at least participating in the council. it's always been problematic. the united states has always viewed it with a great deal of skepticism. it's one more step in isolating russia from the rest of the world. we've seen that hasn't changed their calculus. back in 2014 when they started this, by seizing crimea and starting the separatist uprising in eastern ukraine, they were thrown out of the g8. that had been something that vladimir putin had taken as a source of pride, being part of that organization, and yet being expelled from it didn't seem to deter him from going in obviously early this year with a full-scale invasion. they've been cut off from financial, political, other international organizations as a result of this aggression, hasn't changed their calculus yet.

they don't seem to have valued that. they've made it clear they'll pay a price to continue this war. how long they'll do that, that's the big question. it probably won't be being kicked off the human rights council to change that, but likely the battlefield setbacks they've had forcing them to re-evaluate what their goals are and what their capacity is. >> i thought i want to get a chance to talk to peter about this. much of the world doesn't see russia the way the united states and western europe are seeing russia. they're seeing it differently. why is that, and i think it's kind of important that we talk about that. >> there are a few reasons. first of all, of course, there's a sense, resentment and grievance against the united states and the west that flavors the conversation outside of europe and the north american continent that, well, the americans went into iraq or afghanistan. these are false equivalences, but obviously russia encouraging

it and says there's no difference there. russia made it clear that they consider their neighborhood part of the sphere of influence. that has resonance in places like india which is still in conflict with pakistan over kashmir and china in conflict over taiwan. also, there is russian money that over the years -- russian energy over the year that has given it sway in parts of the world. india today is taking an awful lot of russian energy, and it depends on it a great deal. china is a big energy producer and consumer. a big effect on the chinese economy. >> russia's influence, financial and otherwise for latin america should also be remembered. they've been playing this game for a long time. peter baker, great to see you. lieutenant general steph twitty, thank you for being with us this morning. in a few minutes, we expect president biden to talk about

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pnc bank: see how we can make a difference for you. 30 past the hour. we're back with a live look at the white house, the podium there where the president is set to be speaking from shortly. he'll be laying out his plan to fight inflation and lower costs for working families. we will, of course, bring you his remarks right here live as soon as he starts. inflation is one of the factors experts are pointing to in the alarming shortage of baby formula. 40% of america's baby formula supplies, out of stock according to data from the end of april. that's a jump from 29% in march. nbc's jo ling kent joins me with more on this. i know some retailers are limiting how much formula can be purchased. >> that's right, what we're seeing from cvs, walgreens,

walmart and others, they're limiting how much you can buy. the national out-of-stock average is 40%. that continues to climb. what we're seeing across the board is a supply chain problem made worse by the fact that there is a recall with abbott nutrition which provides some of the most popular formula. they're scrambling across the board when it comes to different stores and facebook groups trying to get what they need to feet their babies. abbott nutrition, the reason this is having such a big effect is one of the largest facilities in sturgis, michigan is shut down. they told us they're working with the food and drug administration to restart operations at the sturgis, michigan facility. they had to conduct a recall back in january/february due to concerns about what was in the formula and health issues with several babies. as we look ahead, though,

inflation, 8.5% as of march. we're getting new inflation numbers tomorrow. a lot of families hurting so much from paying more at the gas pump, significantly more at the grocery store. now you have this formula shortage. the advice from pediatricians is, if you're facing to the shortage, talk to a doctor first. you don't want to be making your own formula, don't want to be diluting. that could be dangerous for the health of the baby. try to order directly from the manufacturer. call the pediatrician for alternatives if you can get that. another thing is to look into a breast milk bank in your areas. some are donating supply, a nominal fee for families in need. there's a lot of different ways to tackle this. thissish yu hits very close to home, jose, an issue we've been seeing in our mom groups. it's hard to see because you want to make sure your baby is well fed. you also have to be able to afford it. buying formula secondhand from

the black market, so to speak, or doing that in a facebook group, there's a very high risk there. experts do not recommend doing that as we try to weather out the storm for this shortage, jose. >> jo, this is so difficult, so critical, so dangerous. if you're lucky enough to have a doctor that you can call, and if a doctor will answer your phone calls, that's already a very difficult thing. but then it's just like -- this is -- it's a daily need. >> yes, this is a daily need. what you're seeing is the supply chain problems are exacerbating it. it is definitely hitting communities, black and brown communities harder than others, low-income communities, of course, hit the very hardest. as you look at the very picture when it comes to inflation, the affordability of food and gas right now is the number one issue for voters across america right now. this makes it only worse, jose.

>> thank you jo ling kent for being with us. appreciate it. a potential fifth covid wave is hitting much of the country right now. a big surge could be on the horizon this fall. the days of free covid vaccines may be running out. right now covid funding is stalled in congress. a senior biden administration official says the federal government does not have enough money to begin contract negotiations with pfizer and moderna for new versions of their vaccines. the official says that could mean vaccines may only be available to the highest-risk people this fall. i want to bring in dr. ebony hilton, associate professor of anesthesiology and critical care medicine, msnbc medical contributor. doctor, always a pleasure to see you. as a doctor, if access to newer vaccines isn't a guarantee for americans who want one, what could that mean? >> it can mean a disaster. i'm not saying that to create

panic. i really do want the american public to be prepared for what we're going to e see coming fall and winter when we know we tend to have an increase in our caseload. at the current state, if every american wanted to receive a fourth dose of the covid vaccine, we would run out by september. that is a real truth. it's not only our vaccines. we also have to think about the fact, with congress not funding these programs, we also have to think about our monoclonal antibodies. those will run out by the end of this month, in may. we have to think about the fact that, if we're not having funding, definitely the producers of these tests are starting to scale back on how many tests they're actually producing for the public because they don't have that guarantee that the public is going to pay for them to be used. that's going to lead us to a fall, a late summer and fall situation where we don't have enough vaccines, we don't have the pair putices, antivirals

available to the public and we have lifted mask mandates. it makes us be in a more dangerous situation, mum like when were in 2020 when we were finding out covid-19 is. at this point we have a more transmissible variant. with each variant it seems to increase in transmissibility. we have waning vaccine effectiveness. in fact, if you look at the omicron surge, if you only had two doses of your vaccine at that point, the vaccine effectiveness was between 30% to 50%. we have to start getting real about this and think about mitigating factors. >> you started our conversation by saying i don't mean to be alarmist, but you just alarmed the heck out of me. i thank you for doing that. let's talk about that. the monoclonal antibodies and

then this paxlovid pills that have shown to be highly effective at keeping people out of the hospital. let's talk about paxlovid. how available are these things? if you don't have a doctor, don't have health insurance, can you get this? when do you need to be taking them? >> and that's the problem. it's availability versus access. that's a huge issue. availability and when you're supposed to take this pill, you need to take it as soon as possible when you're starting the have symptoms, within the first two to three days, you really want this in your system. definitely by the fifth day. you take this pill three times a day for five days. it does a fantastic job for what it's supposed to do. however, the problem comes in is people not having primary care physicians to prescribe it for them, the availability within pharmacies, the general public even knowing about the availability of this medication and who we're prescribing it to. it runs into this issue, like

you were talking about with the baby formula, that the most vulnerable communities will be the ones hit hardest. they have been hit hardest throughout this entire pandemic. when i talked to policymakers, to the cdc, to the white house covid response team, my question to them is how are you ensuring that equity exists when we have these medically scarce resources like paxlovid, like when we have our vaccines going to the hardest-hit community first and making it available for them, that cannot isolate, cannot stay at home because if they do, they lose their job. >> dr. hilton, i'm so glad you're underliing this because you know very well that folks in our communities, when they get covid, don't have all of the luxury of being able to look at the broad things that are available to them thanks to their doctor. when you don't have a doctor, don't have health insurance, when you don't know where to turn to, how do you get paxlovid and how do you get it so it's

affordable. dr. ebony hilton, thanks for being with us. really appreciate your time. more than half of the continental u.s. was in drought at the start of may, more than half according to government climate experts. that comes as tornadoes surge, massive wildfires across the southwest unseasonably early. just 30 minutes outside of las vegas, water levels in lake meade are down to 30% capacity. the lake supplies water to 40 million people in seven states. it's so low that a second set of human remains have emerged from the water just days after this barrel turned up with decomposing remains inside. because of the city's history of mob ties, experts are raising the specter of even more being found. the city's former mayor, oscar

goodman who was a lawyer representing mob figures said, quote, there's no telling what we'll find in lake mead. another big test, in other news, former president donald trump's hold on the republican party, primary day in west virginia and nebraska. will gop voters pick the candidates he backed? what voters are telling us about the race. plus the bigger test is yet to come. we'll go live to pennsylvania where next week's primary is pitting trump's influence against his closest allies. we'll go live to the white house once the president starts talking about inflation. we don't know when he'll take to the podium, but when he does, you'll see it right here on msnbc. you can already have it and not know it. if you have chronic kidney disease your kidney health could depend on what you do today.

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wellcare is contracted with medicare to provide plans that may be perfect for you. call now. it's primary day in west virginia and nebraska, and for republicans the races are a test

of former president trump's endorsement power. in west virginia, a newly redrawn district primary is pitting two republican incumbents against each other. only one has the backing of the former president. nbc's vaughn hillyard is in wheeling, west virginia. what are you seeing this morning? >> reporter: good morning, jose. let's look big picture first. this is an effort by the former president to use the midterms as a way to purge the republican party of individuals he deems as having been not sufficiently loyal. that is where you find donald trump weighing into this race. you've got alex mooney, an incumbent republican, versus david mckinley, an incumbent republican. because of redistricting, they're squaring off. trump backs alex mooney. why? alex mooney voted to object to the certification of the 2020 election. he also voted against the independent january 6th

commission. he also voted against the bipartisan infrastructure package passed by congress. on the other hand, you've got david mckinley. he's been around representing this area for more than four decades. he was first elected to the state legislature in 1980, but he voted to certify the 2020 election. he also voted for the independent january 6th commission. he also voted for the infrastructure package. he'll tell you he voted with donald trump 92% of the time, but those votes alone were enough to displease the former president. i want to let you hear from just four days ago, a debate in which david mckinley was justifying his vote for the infrastructure package. take a listen. >> what we did was, quite frankly, fulfill campaign commitment we had made. in west virginia we've known the condition -- i have a report card that i often flash published by the american society of civil engineers. and it ranks west virginia as

having the worst infrastructure in the country. >> reporter: now, if you look on paper at this race, jose, because of redistricting, essentially this new district encompasses almost all of mckinley's district, old district and only about half of mooney's district. i was talking to a longtime west virginia party individual, he said mckinley should run away with the race because of west virginia roots. mooney actually served in the manied phd state legislature for about a decade. because of that endorsement from donald trump, will that push alex mooney over the edge? tonight we'll find out again just how strongly donald trump's influence weighs over these voters. >> vaughn hillyard, thank you very much. today and tomorrow chuck todd reports live from battleground pennsylvania for special meet the midterms edition of "meet the president

daily." watch today and tomorrow, 1:00 p.m. eastern right here on msnbc. right now we're keeping a close eye on the white house. the president should speak any minute on his plans to fight inflation. he's expected to start a little late -- about 15 minutes ago. you'll see it right here on msnbc. plus a new mexico man convinced the fbi he was not a threat. then he carried out a school shooting. details we're learning about him next. and in it. mostly. here to meet those high standards is the walgreens health and wellness brand. over 2000 high quality products. rigorously tested by us. real world tested by you.

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early early this hour, the former president of honduras appeared in a new york city courtroom where he pled not guilty to drug and weapons charges. prosecutors say he was paid millions of dollars for shielding drug traffickers from arrest during his time as president from 2014 until january of this year. he was arrested in february of this year and extradited to the u.s. just last month. he faces three criminal counts, including conspiracy to import

cocaine as well as weapons possession. quote, no threat to the community. that's what fbi agents concluded in a report after investigating a new mexico man who made threatening posts online. the following year, he carried out a school shooting. ken dilanian joins me with details about the case. >> what's so remarkable about this case is we often hear in the case of school shootings and mass shootings, there were warning signs, if only people had told the authorities. in this case, people did tell the authorities. this young man made an online threat, said he was plotting a mass shooting. that drew the attention of the fbi which sent two agents to his house. we obtained a recording of the interview. the first time any expert i talked to could remember a recording of this kind made public. it's chilling. take a listen to what some -- some of what he said to the fbi agents in his house.

s. >> you studied all the mass shootings. >> this 19-year-old man told the fbi that he was suicidal, he had been bullied, he was fascinating with mass shooters. yet at the end ofn -- they said there was a system failure. it wasn't just the fbi. the school district knew facts, that he was obsessed with the columbine shooting, the local police they say didn't take action. what this points to, experts are telling us, is a systemic

failure. even if he wasn't arrestable at that moment, it's hard to imagine there wasn't another option besides walking away from the home, closing the case and that was the end of it. >> it seems that this may have happened over and over again. are the feds considering any kind of changes to their procedure? >> you know, the fbi refused to answer a single question about this case. that's very frustrating for us. we couldn't determine, for example, did they do an after action report? was there discipline in this case? a former senior fbi agent reviewed the interview and said, as far as she was concerned, the fbi didn't do anything wrong. there was a lot that that young man said that was very disturbing, but she said at the end of the day, it was only words and they couldn't arrest him for any particular crime. >> ken, thank you so much. that wraps up the hour for me. thank you for the privilege of your time.

reach me on twitter and instagram. follow the show online. first, president biden will be speaking any moment now on his plan to fight inflation and bring down costs for american families. we will bring that to you as soon as it starts. "andrea mitchell reports" starts next. customizing your car insurance, so you only pay for what you need. if anyone objects to this marriage... (emu squawks) kevin, no! not today. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ bipolar depression. it made me feel trapped in a fog. this is art inspired by real stories of bipolar depression. i just couldn't find my way out of it. the lows of bipolar depression can take you to a dark place. latuda could make a real difference in your symptoms. latuda was proven to significantly reduce bipolar depression symptoms and in clinical studies, had no substantial impact on weight. this is where i want to be.

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speech on inflation. look at the economy today, it's clear we made enormous strides. our plans and our policies have produced the strongest job creation economy in modern times. in addition, 8.3 million jobs in my first 15 months in record. unemployment rate down to 3.6%. the fastest decline in unemployment to start a presidential term ever recorded. in addition, americans have applied to start 5.4 new small

businesses last year. 20% more than any other year on record. as i see it, everything across the country is -- as i go across the country, our economy has gone from being on the mend to on the move. but for every worker i met who has gained a little breathing room to seek out a better paying job, for every entrepreneur who gained the confidence to pursue their small business dreams, i know the families across america are hurting because of inflation. i understand what it feels like. i come from a family where when the price of gas or food went up, we felt it. it was a discussion at the kitchen table. i want every american to know that i'm taking inflation very seriously. it's my top domestic priority. i'm here today to talk about solutions. there's going to be more we're going to have t