raskin. kathleen: senator manchin also said ms.n is not addressing the need to finance the u.s.'s critical energy needs. with the war in ukraine, there's concerns about getting oil in the market, so that might put power behind that statement. raskin said the federal reserve has no place in allocating capital in industries. why is this important beyond sara bloom raskin? there are four people waiting to be confirmed at the fed. the chair, vice chair, and william jefferson for the board of governors. it is something that holds up important nominations. it doesn't mean the fed cannot do its job, but there is a lot going on beyond sara bloom raskin. haidi: markets are pricing in seven standard rate hikes this year. is this the messaging we expect from the fmo see on wednesday? kathleen: you can understand why people are saying six or seven rate hikes, inflation through the roof, could get to 10% in the coming months. at the same time, there's a lot of uncertainty. what are the risks from the ukraine more and all of this follow. why am

raskin, wife of democratic congressman jamie raskin, has a hefty resume, and has been on the fed boardosition started with republicans like senator pat toomey. they raised ethics concerns from when she was in the private sector, and charged that she is too activist-- especily on climate. >> i think you've used the word "existential," and that for those reasons, it is necessary and appropriate for financial regulators including the fed to allocate capital away from those companies that are contributing the most to the carbon in the atmosphere. isn't that true? >> senator toomey, it is inappropriate for the fed to make credit decisions and allocations based on choosing winners and losers. banks choose their borrowers. >> desjardins: to derail her, the g.o.p. used an extreme tactic. >> our constituents sent us here to vote. no one is on the other side. >> desjardins: the g.o.p. blocked raskin, and all the fed nominations, by not showing up to a committee vote. in the 50/50 senate, one republican must be present, even if they vote no. those absent senators are part of now-omnipresent obsta

sarah raskin.chin, who represents west virginia, opposes raskin over her stance on climate change. the top republican on the senate banking

raskin to close out this hearing.ive minutes of questions. >> thank you very much, congresswoman norton and congressman imfume, thank you for the moving and stirring words that you just gave us both on the historical perspective as ms. norton says, but also what it means to fathers and mothers and families. mr. wilkinson's testimony is absolutely searing, as is ms. foster's and it's an excruciating thing to contemplate from the standpoint of mothers and fathers, and brothers, sisters and other family members. mr. imfume reminds us that, you know, this is not like a peripheral issue. it's so often treated as kind of a marginal thing. it's like a detail. and this is why we have organized political society, you know, if you read the social contract philosophers being like hobbs and lock and rustaro, we enter into this, because our bodies, our properties, our families will be safer and more secure than we would be just out in the state of nature. and yet, the social contract is not working if we're losing hundreds of thou

i yield back to you, madam chair. >> thank you, chairman raskin. i would now like to recognize the ranking member for five minutes for questions. >> thank you, chairwoman kelly. and first of all, i want to thank everyone for their testimony today. mr. wilkinson, thank you for serving our country. listening to your testimony and ms. fosse foster's testimony this morning, it is as a mom it is very difficult the hear. and i wish everyone in the house of representatives was here today to hear your story. i wish those stories were toelt told to the national press because there is great disparity in the national media of how black women and girls are covered when they are missing versus not. this is a very educational hearing today and i wish everyone could hear how heart breaking your stories are of your daughters. i thank you. can i ask why human traffickers target women of color? >> these people who profit off of the bodies of girls and women they see vulnerable emwith, particularly black minority women as an easy target. many of them may be coming fr

jamie raskin, good to see you. thank you as always.uary 6th investigation. >> up next here from inside ukraine, the struggle to get information to russians about what is happening. and it got a lot more difficult today. that is not stopping people from trying to get to the truth, passed vladimir putin's media blockade. julia -- joins us next. are you taking a statin drug to reduce cholesterol? it can also deplete your coq10 levels. i recommend considering qunol coq10 along with your statin medication. the brand i trust is qunol. hey businesses! you all deserve something epic! so we're giving every business, our best deals on every iphone - including the iphone 13 pro with 5g. that's the one with the amazing camera? yep! every business deserves it... like one's that re-opened! hi, we have an appointment. and every new business that just opened! like aromatherapy rugs! i'll take one in blue please! it's not complicated. at&t is giving new and existing business customers our best deals on every iphone. ♪ ♪ this is elodia. she's a recordin

jamie raskin, good to see you. thank you as always. 6th investigation. >> up next here from inside ukraine, the struggle to get information to russians about what is happening. and it got a lot more difficult today. that is not stopping people from trying to get to the truth, passed vladimir putin's media blockade. julia -- joins us next. joins us next. its revolutionary rollerball design delivers fast, powerful, long-lasting pain relief. aleve it, and see what's possible. inner voice (furniture maker): i'm constantly nodding... ...because i know everything about furniture ...but with the business side... ...i'm feeling a little lost. quickbooks can help. an easy way to get paid, pay your staff, and know where your business stands. new business? no problem. success starts with intuit quickbooks. what we just heard moments ago as the city of lviv declared an all clear after the air raid siren went off about an hour ago. it works in two ways. you get the air raid siren, and you get the all clear. a sound similar, but everybody here has a

liz: andy, we do have some breaking news here on sarah bloom raskin. she of course was the key centrist democrat i'm sorry she was the position, she was up for the position of being the top regulator at the federal reserve, she's now pulling her candidacy. she's withdrawn, according to a report, her candidacy for that position on the federal reserve, because senator joe manchin, who is that key centrist democrat has said he cannot support her because he didn't like her positions on climate change. he, of course from west virginia , a coal-producing state what does this mean for the federal reserve and the ability for the president to at least nominate people that he believes are in line with how he feels the fed should be run even though the fed is supposed to be a separate entity from the government. >> liz, sarah bloom raskin's nomination was in trouble from the get-go, between what she had done in kansas city for a company of which she was on the board as well as her position in climate change really didn't fit the fed, and the fact that the senate

chair in charge of regulation you supported miss raskin. how do you feel about that withdrawal, number one i assume you're disappointed, and would you like the former head of the consumer protection bureau be nominated in a success ri role. >> i'm outraged. and i'm outraged, because this particular nomination was brought down by the oil industry sarah bloom raskin said basically the same things about climate that jerome powell has said, but there's a difference sarah raskin actually understands regulation, is willing to use it, and really called it like it is she said that increasing problems in climate and the climate crisis can actually threaten both our financial system and our economy and the fed needs to take account of that. she was right. the oil industry spent big bucks to bring her down, and yesterday they succeeded that is bad for sarah bloom raskin, bad for our economy, but it's also bad for the fed, and it is bad for our nation no one and certainly not an interest outside the financial system, an interest that just says we want

raskin for his opening statement. >> thank you so much, ms. kelly and especially thank you for sharing this hearing as i continued to recover from covid-19. good morning, everyone. thanks to our witnesses for joining us today. thanks to our members are participating. again i want to thank representative kelly for her leadership. i want to thank rep presley and

i also want to thank chairman raskin.amie, you know we're all unified in wishing you a quick recovery and having you back again. and thank for the chair to help convene so we can have this discussion today and chairman maloney, thank you for the chair of the full complete. like everybody else, my heart goes out to the witnesses, those who testified, those who have lost family members, this whole notion of black, brown, multi-racial, indigenous girls, women and children is an issue that i think the american public don't understand the full scope, width and breadth of it, we hear about it, we're shocked and haunts it us, and then in the news cycle there's another story, not story about the missing person, but a story something else and we go on and that magnitude and scope is not particularly captured. as a father and grandfather, i have absolutely no idea, miss foster, or wilkinson what either of you have gone through. we try as those not affected to remember or put ourselves in your shoes and we think we can, but honestly

asked raskin's husband, democratic congressmember jamie raskin, why republicans opposed her nomination>> all this is about things she has said or writn about climate change. she said of course she will follow the law and act completely within the dual method of the fed, but they attacking there can be citizens who are fully aware of climate change, who taket seriously, who can serve honorably and lawfully in other capacities. amy: and those are some of the headlines. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. the mayor of kyiv has declared a 35 hour curfew after a series of russian missile strikes hit residential areas of the capital of ukraine. at least two people died when a russian missile hit a 16-story apartment complex. this comes as the prime ministers of the czech republic, poland, and slovenia travel to kyiv to meet with ukrainian president volodymyr zelensky. for an immediate end to the war. >> ukraine is on fire. the country is being decimated before the eyes of the world. the impact on civilians is reaching terrifying proportions. c

as congressman raskin said, this is not a criminal charge. their standard is much lower.a crime may have been committed. so it passes that standard. and i submit, that's thunders also enough to open a criminal investigation. but, turquoise the king deeper, putting people in a grand jury unlocking them into the story, cross examining them to make sure the story holds up. having any records like that contents of the ex messages and, to put things together in corroborate the testimony. so that takes work. but at the very least, it is an obligation by the justice department to be looking at the seriously as a criminal matter. whether the action result in charges as a different question. but certainly, it seems to be enough to begin an investigation. and so much so that i think it's a responsibility to investigate. >> i mean, what it turns on at the criminal level of prosecution is about whether what was happening one's essentially a good faith dispute about the facts, and or, the law. well was allowed or legal, or an attempt to fraud. a corrupt attempt of strict a proceeding.

raskin. we appreciate it. it has been very enlightening and inspiring committee. thank you for bringing it. and with that, i will conclude today's hearing. unless you have anything to close with? >> i just want to thank you, mister chairman, and thank all of our witnesses here today for they're very enlightened discussion here and i assume -- as i said in my opening remarks, i get a bit uncomfortable. i grew up in south carolina -- i remember on one occasion, her expressing a little bit of discomfort with the reference to "lift every voice and sing" being at the, quote unquote, -- national anthem. we are one nation under god indivisible with liberty and justice for all. we should have one national anthem for all. and i think, to elevate the human spirit, it would help bring us together and god knows we need to come together. may we lift every voice and saying, such an iconic song, our national hymn that will bring us together in a very significant way. and i am hopeful that the committee, the subcommittee, and full committee, we'll see that we -- and i think that

raskin has been confirmed twice before in 2014. votes meaning that no individual lawmaker had to put their name on the record as to how they were voting for raskin it's hard to go through the list and say here is where we think we have support and where we know we don't, because there's no historical record there unlike for other nominees? >> is there a backup to the backup plan? >> well, certainly if you ask the progressive camp c there is not. this is really the nominee that they want. and you can see the white house is not giving up hope just yet >> absolutely. kayla, thank you we appreciate it >>> up next, the i shares brazil itf is on pace for the best performance in six years we'll look at why russia's pain is brazil's gain >>> and the nasdaq hits fresh session lows 26's down more than 2 %. a 1 point decline. we're back in a moment is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand

jamie raskin, you are recognized. are you with us?e already has his -- >> he has already gone to the floor. >> mess deborah ross has taken off as well. we will be in recess for an hour. until 11:13 eastern time. thank, you everybody. and recess over. no more milk and cookies. next, i guess in our hearing, the last witness was going to be mr. raskin. jamie? jamie is not with us. miss ross are you with us? this is not good. miss garcia? sylvia? well, she s.

raskin has withdrawn her nomination after a powerful democrat took away his support. kathleen is here with more. it was joe manchin who held the key. >> he has held the key many times in the past year. close battle between republicans and democrats on an issue. she was caught in the middle when she was nominated by president biden, a former member of the board of governors. a lot of people thought it would be relatively smooth sailing through the senate. it has turned out not to be and it has everything to do with her position on climate change and how they fit should deal with it when they look at the financial risks banks have. she has been a supporter of saying that they should have to account for this, it should be part of stress test. it was supported by progressives like elizabeth warren. many republicans have pushed back, the ranking republican on the senate banking committee, this is the committee or the vote has to go to put it on the floor of the senate. they pushed back against this climate view, joe manchin announced he cannot get on board either. he is fr

raskin suggested we should >> well -- >> strike the raskin part.hat makes you nervous, i can tell. >> i just -- you know, we're a creature of law. you passed the cares act it didn't say anything about picking and choosing and we weren't going to do that we didn't do it. >> you think picking and choosing is a bad idea >> i think, you know, we actually have a document i have right here from 2009 where we sort of our document where we negotiated with the treasury department who does what and it talks about our -- the fact that we don't get into allocating credit we try to affect broad credit conditions we don't allocate credit to particular industries. and that's a document that we think is sort of one we live with >> thank you, mr. powell. >> senator ossoff from georgia is -- >> that is senator kennedy of louisiana with the fed chair as q&a continues over at senate banking. >>> we continue to be in this range here, dow is down 171. nasdaq actually the worst performing of the major averages holding on to a loss of more than 1%. john >> we will continu

raskin's nomination has been stuck in the senate banking committee since last month.cans refused to unanimously vote on it manchin is not a member of that committee but his opposition means for raskin to win approval she would need to pick up a republican vote in the senate. g.o.p. senators say raskin has been an outspoken supporter of having the fed consider climate change in its regulation of the banking industry. national security adviser jake sullivan is trying to get a handle on where china stands in the ukraine conflict. while he is in rome, president biden is in washington talking about his domestic jeend and trying to shift the blame for some of his domestic troubles here at home. white house correspondent jacqui heinrich has that story tonight. >> the president. >> president biden spent monday promoting spending plan that still stalled in congress claiming it won't contribute to inflation and repeating claims vladimir putin is responsible for pain at the pump. >> the current spike in gas prices is largely the fault of vladimir putin. it has nothing to do with

garcia raskin, we appreciate it. it's been very enlightening and inspiring and thank you for bringing it. with that, that will conclude the hearing unless mr. clyburn has anything to close with. >> i just want to thank you mr. chair man and all the witnesses here today for their very enlightened discussion and as i said in my opening remarks, i grew up in south carolina and i remember on one occasion i heard expressing a little bit of discomfort with a reference to saying [inaudible] we are one nation under god indivisible with liberty and justice for all. we should have one national anthem for all. and i think that with human spirit it will bring us together. god knows we need to come together and to lift every voice and sing an iconic song, the national hymn. that will bring us together in a very significant way. and i'm hopeful that the committee, subcommittee and full committee will see to play this out and i think the votes are in the house to pass it. >> mr. clyburn? i think you have a wonderful opportunity to

jamie raskin, joins me ahead. >>> welcome to "meet the press daily." i'm chuck todd. after more than a month of war in ukraine, today there are very small signs of possible progress towards some form of a peace agreement. talks between russia and ukraine resumed in turkey today. ukrainian negotiators appeared to balk off any intention of joining nato in exchange for security guarantees from other countries. russia vowed to drastically reduce its military activity near capital of kyiv and the nearby city of chernihiv. whether that decision to scale back is by choice or necessity, however, that's still not clear. a white house official tells us that russian troops appear to be shifting away from kyiv and it could suggest putin is adjusting his original plan or they're regrouping and could change plans at any moment. remember, watch they to do not just listen to what they say. intelligence from the uk suggests russia has resorted to calling in mercenaries in order to shore up their struggling military units. they're afraid of bringing in conscripts from t

you take the other four but take sarah bloom raskin off the table.he white house right now, you've got to be thinking about that. >> ok. it's all about the barter trade, isn't it? should the democrats call a vote on powell. jefferson and coop, will they all get through it anyway? >> most of them would get through. go back to the confirmation hearings. little opposition to anything that powell said or that brainard said. jefferson didn't cause any ripples, nor did cook really. you just need to get these people through. some important context, this vice chair position was created by dodd frank way back when. it's only been filled one by randy quarrel who is was a trump appoint yee so for most of its life as an leggive entity this job has stayed vacant. let it stay vey captain for a few more months. manus: thanks to you, daniel moss there with the reality. you took us through the agent markets. u.s. and european mashes lighter on the feet this morning as we go into the bloomberg markets european open so you are just seeing this -- the risk across the ma

back in this country, president biden's nomination of sarah bloom raskin to the federal reserve boardrdy. democratic senator joe manchin of west virginia announced his opposition today, over raskin's support for considering climate change in banking regulation. that means she needs at least one republican vote in the evenly divided senate. on wall street today, stocks opened higher but uncertainty about raine, interest rates and covid lockdowns in china stole the momentum. the dow jones industrial average finished just one point higher, at 32,945. the nasdaq fell 262 points, two percent. the s&p 500 slipped 31 points. pro football fans were agog today with news that tom brady is not retiring, after all. instead, he'll return to the tampa bay buccaneers for his 23rd n.f.l. season. in a statement, brady said, "i've realized my place is still on the field and not in the stands. that time will come. but, it's not now." the seven-time super bowl winner who had announced he was leaving the game on february 1st, is 44 years old. and, oscar-winning actor william hurt has died after a long str

we have breaking news on sarah bloom raskin's fed nomination. she's withdrawing it ylan mui with the details. >> that's right, sara. sarah bloom raskin is withdrawing her name from consideration as vice chair of supervision for the federal reserve. that's according to a source familiar with the situation. and it comes after she faced intense opposition from senate republicans as well as from senator joe manchin. a key democrat who would have provided her that 50th vote she needed in order to get confirmed. senator manchin was opposed to her nomination because he was concerned about her stance on energy policy and her beliefs on climate change in a resignation letter that was obtained by the new yorker, sarah bloom raskin said it is -- it was and is her considered view that the perils of climate change must be added to the list of serious risks that the federal reserve considers. so she is doubling down there on her position and her stance around climate change. she said that she had been the subject of relentless attacks by lawmakers throughout

i want to get your take on the decision to withdraw the nomination up sarah bloom raskin .t was a big surprise. did you? >> i don't think i was surprise because joe manchin has been about a democrat except for som blue and a little pockets watch. joe mixon is living in the stat of west virginia where these ar essential pretty gets huge donations from the fossil fuel industry and has become a millionaire up fossil fuel so it's not surprising he did not like what miss raskin was sayin and i think that she's right that climate change is somethin that's going to have some economic issues. i think that is common sense. i have to say what really bothered me further than that i there attacking that only respected member of congress bu also a woman who just buried he child not too long ago. i didn't like the personal attacks on her and i didn't think that was necessary, but a the end of the day it comes dow to numbers and the numbers game in politics comes to votes and she withdrew because with joe manchin not on board and a 50/5 senate between democrats and republicans, there was

2018 this as joe biden's nominee for chairman of the supervision of the federal reserve, sarah bloom raskin withdraws her nomination after backlash. the dow industrials are up almost 300 points going into the fed meeting, up 279, almost 1%, s&p 500 higher by 44, the nasdaq up 220, 1 and two thirds percent higher ahead of the fed meeting. stocks rallying yesterday as well, take a look. when all was said and done the dow industrials at the close higher by almost 600 points, 599 points higher, almost 2%. the nasdaq was up 367, almost 3%. and the s&p 500 higher by 89, better than 2% at 4:00 on wall street. let's check the price of oil this morning as saudi arabia and beijing advance talks to consider pricing saudi's oil sales to china in the juan instead -- yuan instead of the u.s. dollar, raising concerns as trying to replace the u.s. dollar as the global reserve currency. crude oil this morning is up two-thirds of 1% at $97 a barrel on crude. we're looking ahead to economic data, we've got the retail sales report coming out this morning in two and-a-half hours, 8:30 a.m. eastern, it's expecte

a number of senators had trouble with sarah bloom raskin, who thinks the fed should use its power tothe environment. the financial concerns and environmental concerns are not totally separate, and many people agree with that in concept, but raskin often took the idea further than many were comfortable with. as is so often the case, it,down to west virginia's joe manchin, the democrat once again breaking ranks saying he will not support raskin's nomination. i cannot support her nomination to serve as a member of the federal reserve board. now, there's a lot going on with the fed this morning. open markets committee starts its two-day meeting today and likely will announce interest hikes tomorrow. also, the bipartisan select committee investigating the attack on congress says six people must provide documents no later than today about their claims the 2020 presidential election was fraudulent. those individuals, some of them state politicians, others lawyers, at least one internet video host, made those claims and then allegedly participated in an attempt to corruptly change the result

raskin is a former fed governor and served as deputy treasury secretary under president obama and she said she believes the fed should do more to tackle the financial impact of climate change a statement from the white house called raskin quote one of the most qualified people to be nominated for the federal reserve board of governors. >>> still ahead, an absolutely dominant performance last night in the nba. a bigman did something that hasn't happened in over 20 years. plus the brooklyn nets are hit with a hefty fine because of the unvaccinated star. you know who. and the free agency for baseball heating up and a deal that would likely put this former mvp in a new uniform. "way too early" is coming right back. ing right back ghing] ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze driftin' on by... ♪ if you've been playing down your copd,... ♪ it's a new dawn, it's a new day,... ♪ ...it's time to make a stand. start a new day with trelegy. ♪...and i'm feelin' good. ♪ no once-daily copd medicine... has the power to treat copd in as many ways as trelegy. with three medicines in one

raskin's nomination for the same reason that senators from both parties opposed it.she wants to take radical policy aims that liberals can't achieve through congress and hard wire them directly into our financial system instead. president biden was literally asking for senators, a central banker who wanted to usurp the policy making power for herself. ms. raskin who have been a vice chair who sought to raise gas prices, raise home heating costs, and undermine the very institution the federal reserve in the process. it's not surprising there's bipartisan senate opposition to such a radical nominee. even before one considers the unanswered ethical questions to which the banking committee has not been able to get straight answers, president biden's selection wildly, wildly missed the mark. it's past time the white house admit their mistake and send us somebody suitable. on one final matter, what can the senate conclude about a supreme court nominee from the nature of their fan club. that's a question the democratic leader answered very clearly a few years back. in 20015

>> mister raskin? >> i. >> mister raskin votes i? >> this is gloria? >> i. >> this is gloria votes i? >> now the chairs recorded? >> mister chairman, you are not recorded. >> the chair votes i. >> mr. kinzinger? >> mister kinzinger votes i? >> mr. king zinger votes i. >> the clerk will report the vote. >> mister chairman, on this vote there are nine eyes and zero nos. >> the motion is agreed kyiv. the vice chair's is recognized. >> pursuant to clause two olive rule 11, i request that members have to calendar days in which to file with the clerk of the committee, supplemental or additional views on the measure order reported by the committee tonight. >> without objection, the staff is authorized to make any necessary technical or conforming changes to the report to reflect the actions of the committee. there will be no further business without objection select committee stands adjourned. >> good evening for new york. i'm alex wagner in for chris hayes. with just watched the bipartisan house committee investigating the january 6th insurrection voting to

with white house press secretary seven psaki just reiterating the supporter for sarah bloom raskin, the afternoon yet another hitch in what's been long-running drama on the banking committee because democratic senator manchin said he won't support raskin. because of her energy policy positions. i want to bring in correspondent leighann caldwell. this is back and forth. manchin is saying he cannot back her why the white house said we'll get bipartisan. are there any republicans to come on board at a time when there are so many eyes on issues important to the fed like inflation? >> reporter: senator manchin said that he wasn't going to supporter her thinking that she does not support an all of the above energy policy including fossil fuels so the fact that senator manchin has come out in opposition makes it harder for raskin to get through. the reason is because, of course, evenly divided senate and she has been caught up in a republican boycott of her. in the banking committee, unable to get through. republicans have protested her nomination and confirmation hearings and the vote to get

manchin says raskins qualifications and previous comments did not satisfy his concern over inflation energy policy. manchin opposed his party numerous times. an elderly asian american woman is punched more than 125 times in what is a horrific hate crime attack. security cameras capture the vicious assault, which happened in new york city. anti-asian hate crimes have spiked drastically. she has bleeding on the brain and is in the hospital. a witness called 911 and a suspect was arrested. he has a record and previously served time for assault. >> carley: russians are battering mariupol night and day and rid cross is doing everything it can to get aid to hundreds of thank youed -- thousands trapped. jason, good morning, we understand the red cross is working hard to get aid to mariupol. are you even close to that? where is that aid right now? >> so, we do have a bit of good news, among a sea of bad news that we've seen sin the conflict broke. the good news, international committee of red cross brought in 200 pounds of assistance, medical aid, food, household items for people fleeing the

raskin for his opening statement. >> thank you so much miss kelly and thank you for chairing this hearing as i continue to recover from covid-19. good morning everyone and thank you for our witnesses regarding his neck and all of the members participating and again i want to thank representative kelly for her leadership, thanked representatives presley and cortes and also today's critical work and partner violence and advocating for missing women and children throughout the country. and this is a crisis that is hidden in plain sight and i hope this hearing will help you shine a light on the shocking plague of missing in communities of color throughout the country, 2020, 100,000 of the court of a million of girls were black brown or indigenous and black woman the girls makeup a certain percent of the female ablation and company lofgren country 135 percent of all missing women in 2020 and is dire and indigenous communities in south dakota tuesday missing persons or native beckons despite only one ine montana, native americas account for one of every four missing persons despite only one of

raskin. is he with us yet? ms. ross, are you with us? this is not good. hank johnson are you there,

raskin suggested we should? strike the raskin part. that makes you nervous. i can tell. >> we're a creature of law. you passed the cares act, and it didn't say anything about picking and choosing and we were not going to do that, we didn't do it. >> you think picking and choose something a bad idea? >> i think we actually have a document i have right here from 2009, it was sort of our document where we negotiated with the treasury department, who does what it talks about we don't get into allocating credit to industries, and that's a document is sort of one we live with. >> thank you. >> thank you, senator kennedy. >> thank you, as always for your service. please explain to the committee and the american public what steps the fed is taking and expect to take in response to the increasing price level for consumer goods, gas and groceries? >> well, we are -- as i discussed yesterday, we are embarking on a series of rate increases over the course of this year and no doubt beyond, and we're also going to be shrinking the size of our balance sheet as the year goes

raskin.'t spoken with every last republican colleague, but i'm not aware of it. >> at this point, one of the reasons it is important is not just sarah bloom raskin making the white house fully behind her apart from the issue of climate change and banks, and whether or not she would be helping the fed step outside its mandate of employment. there's a question of getting a vote on jay powell for fed chair, the fed vice chair, lisa cook, and jefferson to join the board of governors. sherrod brown, the head of the senate banking committee, all voted on it at once. more republicans saying let's vote on the floor. but it is looking quite not as bright for her now. shery: seven fed rate hikes -- haidi: seven rate hikes this year, is this what we are going to hear from that fomc? kathleen: you always wonder the policy statement and what it will say. a 50-50 basis point rate hike, totally priced out. everyone in the 25 basis point rate hike. what does jay powell say at the press conference? all of it

speaking of the fed, sarah bloom raskin withdrawing her name for consideration from a job there.onfirmation after democrat joe manchin said he would not support her. she faced strong opposition on climate change and concern she could discourage banks from lending to fossil fuel companies. something they did agree on, type of day. making daylight saving permanent. no more falling back every year in the fall. it would still need to pass in the house to become law. no word yet from speaker pelosi if or when the house will take up the sunshine and smiles bill. >>> the sweet sound of ukrainian resistance. ♪ violinist playing a patriotic march song in a firehouse in the western part of the country near lviv. another iconic symbol of the fierce determination of the ukrainian people as russians widen their assault near the border with poland. thank you for joining us. president zelenskyy will make a direct plea on the relentless attack to civilians. "new day" picks it up right now. >>> this is cnn breaking news. >>> good morning to our haours here in the united states and all around the

sarah bloom raskin had vowed to focus on how the climate crisis threatens the economy. here in new york city, street vendors held a "sleepout" and rally in front of governor kathy hochul's office, calling for her to lift a cap on licenses for sellers. thousands of street vendors, the majority of them from immigrant communities, are unlicensed and vulnerable to hefty fines or harassment while working. >> just like you, we are mothers, we have children. we are fighting so you can take action. grant us vendor licenses so we can live and work with dented knitting -- dignity. amy: tuesday's action was also the kick-off for a 150-mile march from new york city to albany, where immigrant workers will demand new york state expand funding and protections for those excluded from government pandemic relief in the new york state budget. disney workers are staging a series of walkout after ceo bob chapek initially refused to condemn florida's so-called "don't say gay" legislation and for donating to politicians who back the measure, which bans discussions of sexuality and gender iden

raskin will vote yes on the previous question. as the member designated by ms.ilson of florida, home to 6-25 most visited theme parks in the world, i inform the house that ms. wilson will vote yes on the previous question. the speaker pro tempore: f or what purpose does the gentlewoman from new hampshire seek recognition? mr. kustoff: as the member designated by ms. meng, e house that ms. meng will vote yes on the previous question. the speaker pro tempore: f or what purpose does the gentleman from texas rise. >> as the member designated by mr. interviewing i inform the house that mr. pfluger will vote nay. >> as the member designated by mr. cardenas, i inform the house that mr. cardenas will vote aye on the previous question. the speaker pro tempore: f or what purpose does the gentleman from california seek recognition? >> as the member designated by by the following members, barragan, cuellar, gonzalez, calel he, costa, aguilar, these members will vote yes on the previous question. the speaker pro tempore: for what purpose does the gentleman from virginia seek

many people would agree with that, but raskin took the idea farther than many were comfortable with.to west virginia's joe manchin, once again breaking ranks, saying he will not support raskin's nomination. unable to support her nomination as a member of the federal reserve board. there's a lot going on with the fed this morning. the open markets committee starts it's two-day interest rate meeting today, likely will announce hikes tomorrow. we'll talk more about that as we talk business coming up in a half an hour. also today, the bipartisan select committee investigating the attack on congress says six people must provide documents no later than today about their claims the 2020 presidential election was fraudulent. those individuals, some of them state politicians, others lawyers, at least one internet video host, made those claims, and then allegedly participated in an attempt to corruptly change the results by disrupting or delaying electoral votes. they've been subpoenaed to testify as well. so we'll be watching that, we'll watch the president sign that bill that will send billi

was also against raskin's nomination which effectively sealed her fate. we will speak with senator manchin in a bit. truck convoy that has been staging in maryland and looping around washington's area highways for a week continues its protest. last week organizers told texas senator ted cruz they would not leave until their demands over federal vaccine mandates are met. the ride share company lyft is adding a temporary fuel surcharge to help drivers deal with surging gas prices this move follows a similar move by uber. lyft is not saying how much extra customers can expect to pay. up next, we'll get an update on the ground from ukraine's foreign minister in kyiv on the devastating war in his country. and later we will examine the effect rising gas prices could have on the midterm elections. ♪ ♪ if you find yourself on your feet all day, why not put a little spring in your step? it's time to try weathertech's new anti-fatigue comfortmat, for home or workplace. ♪ made in america with the highest quality materials that provide the perfect combination of supp

we have breaking news, biden's nominee for the federal reserve, sarah bloom raskin withdraws her nameer senate support crumbles due to her anti-oil and gas positions and new revelations special counsel john durham's criminal probe of the botched trump-russia investigation, more criminal charges could be on the way. and bad news for hunter biden. "new york times" can now get his emails and text messages. the update on investigations into the president's son. i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show. you're watching the fox business network. we begin with the major stock indices ending up today. the dow jumping nearly 600 points higher as oil drops below 100. it is down 40 bucks from a week ago on signs of potential relief to supply. the president heading to brussels next week to a special meeting in nato. russia continues to bomb ukraine. ukraine makes a concession, joining nato off the table. zelenskyy will make a personal appeal to congress for help tomorrow. d.c. reluctant to do a u.s.-backed no-fly zone in ukraine. a protester

some commentary on the balance sheet president biden with drew the nomination of sarah raskin after a blatant attempt to make the fed a climate change movement. seems like they have too much power and we're ceding them even more? >> the administration wanted to allow politicization of that supposed to be a neutral agency. they can't convince the american people by legislation they want the fed to do it surreptitiously. to restore value, reduce u.s. energy cost because of unelected official's decision about what is the better future. that is wrong. they're trying to circumvent the representative government that our constitution established that american people depend upon. i am willing to bork with the administration. we got to lower energy prices but don't sit on the backdoor to try to raise them again on the sly. charles: yeah. it is pretty tough. listen, i know they have got an agenda with climate change and electric vehicles, by the way if people knew how dirty that was, they would say drill, baby drill, any day of the week. senator cassidy, always appreciate it. >> thank you, sir.