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Queen's Coffin to be Flown to London in Coming Hours; King Charles, Siblings Honor Their Mother Queen Elizabeth; High Hopes for Inflation Report Spark Wall Street Rally; Biden Unveils Bold New Plan to Cut Cancer Deaths. Aired 4:30-5a ET

Aired September 13, 2022 - 04:30   ET

THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.

[04:30:00]

BECKY ANDERSON, CNN ANCHOR: Welcome back to CNN NEWSROOM live from just outside Buckingham Palace. I'm Becky Anderson. And if you are just joining us, let me bring you bang up to date with what we can expect in the hours to come.

Next hour King Charles III and Queen Consort Camila are expected to depart for Belfast. Once there, he will hold a private audience with the Secretary of State of Northern Ireland and the leader of the Democratic Unionist Party.

Later today a flight carrying Queen Elizabeth's coffin will leave Edinburgh for London. The coffin is expected to arrive at Buckingham Palace behind me by midafternoon.

I want to bring in Dame Martina Milburn now. She is the chief executive of Prince's Trust, a charity founded by King Charles III. Now a name you have known for years as Prince Charles of course. We'll get to the trust in a moment, but I know that you've worked very closely with the royal family for years now. How are you feeling as you are watching all of this unfold?

DAME MARTINA MILBURN, CHIEF EXECUTIVE, THE PRINCE'S TRUST: Incredibly emotion. I think it's taken all of us by surprise. You know, I've wept on more than one occasion. And I just -- it's really hard to explain. It's kind of losing Queen for us Brits is part of your DNA. And then all of the challenges that the now king is going to face in his new rein.

ANDERSON: Whether or not you have met either Queen Elizabeth II and the former Prince Charles, now King Charles III, that everybody is feeling -- you know them both, don't you?

MILBURN: I do, yes, yes. In fact, I once got stuck in a lift with the Queen and the Duke of Edinburgh which wasn't my finest career moment. But yes, it's hard to explain. It's just very emotional.

ANDERSON: The Prince's Trust was organized by King Charles III to tackle youth unemployment. Just tell me about the work that you and his Royal Highness, now His Majesty, have done and continued to do.

MILBURN: Well, it's basically helps young people get a job or set up in self-employment.

[04:35:00]

In the U.K. it's helped over a million young people. We're now in 19 countries. Our latest country is the United States. We've just set up Prince's Trust there looking at helping unemployed young people in Detroit and New York. So, it's become a big force.

ANDERSON: We do know that King Charles III has said that he will have to give up his charity work, that he clearly now has a new role and there are calls for him to move away from that work completely or at least keep it at arm's length. How do you see the organization going forward and ensuring the continued commitment to young people now that he has a different role as the monarch?

MILBURN: Well, we've been planning for this for a long time and actually over the last two years the then Prince of Wales was taking on more and more official duties anyway. So, for example, when I started 20 years ago, he came to all of our board meetings. He hasn't done that for 15 years. So, there's been a gradual evolution. So, there isn't going to be any sort of sudden parting of ways. We'll continue doing what we do. He has already told me he's going to continue keeping an eye on us.

ANDERSON: Keeping an eye on you. Who do you know? Who will take over? Has he nominated a member of the royal family to be more involved?

MILBURN: No, he's going to continue as our president. Our name will continue as the Prince's Trust. If at some point in the future it goes to one of the other members of the royal family, then that still to be decided. But for the moment, it's business as usual.

ANDERSON: Do you have a presence?

MILBURN: I think that would be very bad of me to do, very undiplomatic.

ANDERSON: I'll allow you to get away with that one. I think it is important to point out that I think it was Prince Philip, King Charles's father, who talked to him in his early days about the sort of work that he might do with charities. And we know that he's been heavily involved in the environment, which has become a lot more fashionable these days with climate crisis. That is, I think it's quite fair to say, a consensus issue here in the U.K. and Prince Philip was also very mindful of what other issues might be consensus issues. And he talked to the young then prince about youth development, didn't he? And this, again, is one of those issues despite the fact he will have to move away from the day-to-day machinations of this but remain president, youth development and work with youth, I think we can all agree, is a consensus issue and that's a good thing, isn't it?

MILBURN: It is a good thing. And you know, I've sat with him with young people in prisons, on some really grimace states, in colleges, in job centers and he has this amazing ability to really connect with young people. I don't know where it comes from. I don't know it's because his own school days as we know weren't the best. But he really does connect and the difference it makes to them afterwards is extraordinary. And some of the businesses the Prince's Trust has set up, they've gone on to become multi-million pound organizations. And I think that passion he has for people is not going to change because he's become king. He is genuinely interested. He's passionate and he's compassionate and personally I think that is really to be welcomed in a monarch.

ANDERSON: We wish you the best of luck, the trust the best of luck. I know that at CNN we have worked closely with you around the world in promoting the work that you do and we will continue to do that. Thank you for joining us this morning.

MILBURN: Thank you. And thank you for all of your support.

ANDERSON: Thank you. Dame Martina Milburn with us here outside of Buckingham Palace.

Millions of people throughout the U.K. and the Commonwealth have been mourning the loss of the Queen since Thursday. But at the center of all of this of course are the Queen's four adult children. CNN's Isa Soares looks at Elizabeth II's relationship with the next generation of royals.

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ISA SOARES, CNN ANCHOR AND INTERNATIONAL CORRESPONDENT (voice-over): Four children united in their grief. King Charles III, Princess Ann, Prince Andrew and Prince Edward dutifully honoring in death the life of their dearest mama, the Queen. Queen Elizabeth was already mother to a young Prince Charles and Princess Ann when she unexpectedly ascended to the throne at just 25 years old. That call of extraordinary duty and the need to prove she could handle the job under the watchful eyes of the world, forced her to suddenly be far less hands on as a parent.

KATE WILLIAMS, CNN ROYAL HISTORIAN: So, it was difficult for her to balance both of those parts of her life.

SOARES (voice-over): The heavy demand of the crown meant she and Prince Philip were often away for months at a time.

[04:40:00]

During their two older children's more formative years something that changed once their younger children Andrew and Edward were born.

WILLIAMS: She's much more really in the mode of being a Queen, she's proved herself. She's proved those political naysayers around her all wrong. So, when she has Andrew and Edward, she's in a different stage, she has more time to devote to them.

SOARES (voice-over): For Charles, then heir to the throne, it was a childhood remembered as difficult.

WILLIAMS: Certainly, Charles suggested in authorized biographies that he felt excluded, ignored, that he wasn't very sympathized with, that the Queen mother was a particular friend to him but his parents were not particularly sympathetic to him.

SOARES (voice-over): Charles's relationship to his mother particularly strained after his tumultuous marriage to Princess Diana exploded in public view. In later years Charles and his parents seem to repair that rift and grow closer. Charles giving an emotional tribute to his mother shortly after her death.

KING CHARLES III, UNITED KINGDOM: My beloved mother was an inspiration, an example to me and to all my family.

SOARES (voice-over): Over the years, there was also much public speculation that Andrew was the Queen's favorite child, something the Queen never dignified with a response.

WILLIAMS: And I think it's something that's just said to make an excuse to the why he's such a self-indulgent and selfish person.

SOARES (voice-over): Andrew did however cause great consternation during his mother's reign. With this turbulent relationship with his now ex-wife, Sarah Ferguson, but the most scandalous his association with convicted pedophile Jeffrey Epstein. And allegations that relationship led Andrew to engage in sex acts with an underage girl. Allegations Andrew has repeatedly denied but forced the Queen to have to strip him of his military title and remove him from royal duties. In her later years one of her closest relationships appeared to be with her youngest son, Edward and his wife.

WILLIAMS: She became particularly fond of Edward and Sophie. And when she was in her bubble, her COVID bubble around the death of Prince Philip, she was with Edward and Sophie.

SOARES (voice-over): Ann being the Queen's only daughter also enjoyed a particularly close relationship with her mother. Both lovers of the outdoors, dogs, horses and royal engagements. Princess Ann even making a rare point during Jubilee Celebrations to defend her mother against allegations that she was cold and unfeeling.

Saying: I simply don't believe there is any evidence whatsoever to suggest she wasn't caring. It just beggars belief.

Over 70 year reign the Queen took great pains to juggle the duties of country and family never swaying the commitment to her children.

Oscar-winning actor Kate Winslet perhaps summing it up best with this anecdote from when she accepted the CBE from the Queen herself.

KATE WINSLET, ACTOR: She said, you're a mother, aren't you? And I said yes. And she said, well that is the only job.

SOARES (voice-over): Isa Soares, CNN, Edinburgh, Scotland.

(END VIDEOTAPE)

ANDERSON: Well, since the Queen's passing some people have questioned whether the British monarchy should go on. But recent polling from IPSOS done back in May ahead of the Queen's Platinum Jubilee found that a sizeable majority of Britons at least want the monarchy to stay. 68 percent of Brits surveyed supported keeping its royals. Just under a quarter said the country should become a republic. 10 percent said they didn't know. 86 percent of those surveyed approved of the job that the Queen was doing Approved of the job that the Queen was doing. This of course done in May. 81 percent felt the same way about Prince William. Just 65 percent were happy with then how then Prince Charles was doing as Prince of Wales.

It remains to be seen whether those numbers will change in the weeks and months to come. I'm Becky Anderson in London. Do please stay with CNN's continuing coverage throughout the day of the Queen's remembrance. For now, let's get you back to Rosemary Church at CNN Center in Atlanta -- Rosemary.

ROSEMARY CHURCH, CNN ANCHOR: Thank you, Becky. And thank you for your great coverage today. We appreciate it.

Still to come, as the U.S. Federal Reserve continues another interest rate hike, could falling gas prices sway their decision? We'll take a look at that.

[04:45:00]

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CHURCH: Welcome back, everyone. The latest U.S. inflation report is due out in just a few hours from now. And investors in the stock market seem confident the news will be encouraging. The Dow gained 229 points on Monday, about 3/4 of a percent. The Nasdaq finished 1.3 percent higher. The S&P 500 was up a little more than 1 percent.

So, I want to bring up those U.S. futures numbers. That is encouraging. Both the Dow and Nasdaq up about .4 percent. There the S&P 500 futures up around about the same amount. And that inflation report that I just mentioned to you could be affected by falling gas prices across the United States. Fuel prices have been slashed dramatically since the early summer. And lower energy costs could spell good news for prices across the board. CNN's Vanessa Yurkevich has our report.

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VANESSA YURKEVICH, CNN BUSINESS CORRESPONDENT: There have been 90 straight days of falling gas prices here in the U.S. and that is good news for Americans. On Monday the national average stood at $3.72 a gallon. That is down substantially from June where we saw an all-time high of $5.02 a gallon. But it's not where we were a year ago where gas prices were $3.18 a gallon. And this is good news of head of this CPI report, the key inflation report we've been tracking, as we look to see if prices are going to come down. Analysts are suggesting they will month over month because of these falling gas prices. Energy makes up such a big part of this report.

But this is not looking to have any bearing as the Fed meets next week. We are expecting this aggressive interest rate hike. However, if we continue to see falling gas prices and we continue to see these cooling off of CPI reports, it certainly could send a signal to the Federal Reserve that maybe they could start to back off of these interest rate hikes in the months to come.

Vanessa Yurkevich, CNN, in Hoboken, New Jersey.

(END VIDEOTAPE)

CHURCH: U.S. Senator sent Twitter a series of questions about its security practices on Monday. A day before Twitter whistleblower Peiter "Mudge" Zatko is expected to testify before Congress. All this as Twitter prepares to go to trial with Tesla CEO Elon Musk.

[04:50:00]

The company is accusing him of trying to back out of a $44 billion acquisition deal he had previously agreed to.

Well, still to come here on CNN, the U.S. president announces an ambitious plan to reduce cancer deaths. How he plans to save others from the same disease that took his son. Do stay with us.

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CHURCH: U.S. President Joe Biden says he has a plan to cut cancer deaths in half in the next 25 years. The president made the announcement in Boston where he traveled to highlight White House accomplishments ahead of the midterm elections. CNN's Kaitlan Collins has our report.

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KAITLAN COLLINS, CNN CHIEF WHITE HOUSE CORRESPONDENT: It was 60 years to the day since JFK delivered that legendary speech talking about his goal to put a man on the moon by the end of the decade.

Well, President Biden today gave his own speech at the JFK Library talking about what he says is a similarly bold proposal. Cutting the death rate from cancer in the United States in half in the next quarter century. Something that President Biden said it helped drive him to run for office wanting to not only help cut the death rate in half but also to cure cancer.

[04:55:00]

The president saying that they did not have the tools 60 years ago to put a man on the moon. That was something they had to work on. President Biden arguing that today, in 2022, the United States does have the tools to achieve his goal. And he said it is a bold, ambitious and completely doable proposition that he is putting out there when it comes to cutting cancer rates in half in the United States.

One that President Biden said is personal to him. He talked about his own son Beau Biden dying from cancer and a call that he got from the late Senator Kennedy whenever he was talking about his son coming near death. And the president of course talking about this, talking about this as part of his broader proposal to try to achieve this goal that he says is just as ambitious as the one JFK rolled out 60 years ago today.

Kaitlan Collins, CNN, the White House.

(END VIDEOTAPE)

CHURCH: The 74th Emmy awards aired on Monday with historic wins and notable firsts. "Squid Games" actor Lee Jung-Jae became the first South Korean performer to win outstanding lead actor in a drama series. The show is also the first non-English series to be nominated in the category. There was this special moment as well.

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SHERYL LEE RALPH, WINNER, SUPPORTING ACTRESS IN A COMEDY SERIES: I am an endangered species but I sing the victim's song. I am a woman, I am an artist.

(END VIDEO CLIP)

CHURCH: And that was actress Sheryl Lee Ralph who took home the award for supporting actress in a comedy for her role in "Abbott Elementary." And it was an emotional moment because she is the only the second black woman in the history of the history of the Emmys to win the award.

All right. Just before we leave, I do have this for you. A flash flood warning has been issued for downtown New York City impacting 7 million people. That is from the National Weather Service. And we will keep you updated right here on CNN.

I'm Rosemary Church. Be sure to stay connected with me at Twitter @rosemaryCNN. "EARLY START" is next. You're watching CNN. Do stay with us.

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