MTP NOW June 13 — Sen. Martin Heinrich on guns, Jan. 6th Committee latest, Stephanie Ruhle on market turmoil

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3.6 • 3.8K Ratings

🗓️ 13 June 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sen. Martin Heinrich (D-N.M.) shares the latest on gun regulation negotiations. Guad Venegas speaks with Nevada GOP Senate candidate Sam Brown. Stephanie Ruhle says interest rate hikes will come more quickly as recession fears grow. Jonathan Allen reports from Jackson Hole, Wyoming, as Republican voters sour on Liz Cheney.

Transcript

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0:00.0	And there you have it.
0:15.0	And there you have it, with those bells on Wall Street, markets have closed the day,
0:20.0	continuing their slide, with the S&P falling
0:22.0	into bare market territory and the Dow tumbling nearly 1,000 points. Welcome to meet the press now.
0:29.3	I am Kristen Welker. It has been a very busy day in Washington with the January 6th Committee,
0:34.3	holding its second hearing on former President Trump's lies about the 2020
0:37.8	election.
0:38.9	We've also got new developments in Congress as a bipartisan group of lawmakers say they've
0:43.8	reached a deal on new gun legislation.
0:46.4	I will speak with one of those senators about what happens next.
0:50.2	That's coming up.
0:51.3	But first, with the S&P 500 falling more than 20% from its highs, gas prices above $5 a gallon on average,
0:59.4	and rising inflation, we do want to start with the breaking news on Wall Street with NBC News,
1:04.4	senior business analyst and the host of the 11th hour on MSNBC, Stephanie Ruhl.
1:09.5	Stephanie, thanks so much for joining me.
1:11.0	Really appreciate it.
1:12.2	So help us put today into context, if you would.
1:16.0	Does a bare market mean a recession is coming?
1:19.2	What do you make of today's numbers?
1:27.4	Kristen Walker, I don't hear you if you're speaking to me, so I'm just going to start speaking.
1:31.7	I'm going to guess it's 4 p.m. and what am I here to talk about? The markets and the economy.
1:36.8	Clearly, it's a really rough day in the markets. And why? Well, fears of recession and what could cause
	...

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