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New Day
Russia Launches New Round of Revenge Strikes; J.D. Vance, Tim Ryan Clash in Debate; Book: McCarthy Made GOP Colleague Cry in Post- January 6th Rant; JPMorgan Chase CEO Warns of a Recession. Aired 6- 6:30a ET
Aired October 11, 2022 - 06:00 ET
THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED.
JOHN BERMAN, CNN ANCHOR: Russia escalates its strikes overnight, as Ukraine makes a direct plea to the world. I'm John Berman with Brianna Keilar.
[05:59:31]
In just a few hours, Ukrainian President Volodymyr Zelenskyy will appeal to an emergency meeting of G-7 leaders, including President Biden and British Prime Minister Liz Truss.
This virtual meeting comes on the heels of the large-scale air strikes carried out by Russian forces in Ukraine that have left at least 19 dead and dozens wounded across major Ukrainian cities.
That was before this morning, with the new strikes, which Ukraine says came largely from two Russian aircraft. You can see the breadth of the areas hit.
President Vladimir Putin, the Russian leader, threatened further, quote, "harsh" responses. This is following the huge explosion over the weekend on a strategic bridge between Crimea, which was illegally annexed by Putin in 2014, and mainland Russia.
BRIANNA KEILAR, CNN ANCHOR: Just hours after Russia launched these missile attacks in Ukraine, representatives from the two countries dueled in the United Nations General Assembly, where delegates are expected to vote this week on whether to condemn Moscow's move to annex partially-occupied regions in Ukraine.
The Russian ambassador's speech was met with silence, while the Ukrainian ambassador received applause after saying this.
(BEGIN VIDEO CLIP)
SERGIY KYSLYTSYA, UKRAINE AMBASSADOR TO THE UNITED NATIONS (through translator): But my day has started almost 14 hours ago. We started 14 hours ago, because my country was under attack. My immediate family was in a residential building under attack, unable to go to the bomb shelter, because there was no -- because Russia has already killed some of my family members, and we see no end to that cruelty.
(END VIDEO CLIP) KEILAR: And in a rare public appearance today, the top British intelligence officer, Sir Jeremy Fleming, is expected to say that, quote, "exhausted Russian forces are running out of weapons as they face staggering numbers of casualties on the battlefield."
BERMAN: All right. With us now from Kyiv, CNN senior international correspondent, Frederik Pleitgen. Fred, give us a sense of what has been happening over the last few hours.
FREDERIK PLEITGEN, CNN SENIOR INTERNATIONAL CORRESPONDENT: Hi there, John.
The area where I'm standing right now is actually a children's playground that was hit, the first place that was hit yesterday. You can see, there's this giant crater here that was blown to the ground right next to the area where children would normally play.
And that's really what we're seeing a continuation of this morning. This area where I am right now, the Kyiv region is actually under an air-raid alert as we speak right now.
The Ukrainians are saying that the barrage of rockets that have been coming from Russia, they continue in the morning and noon hours of today. Here's what we're learning.
(BEGIN VIDEOTAPE)
PLEITGEN (voice-over): It was in the middle of Monday morning rush hour that waves of Russian missiles started hitting Ukraine's capital and other cities across the country, sending people scampering for their lives.
UNIDENTIFIED FEMALE (through translator): My hands of trembling as I've just seen how the missile was flying overhead, and I heard that sound.
PLEITGEN (voice-over): Ukraine says the Russians launched more than 80 missiles and more than 20 attack drones at targets in Ukraine. While the air defenses took many out, they couldn't stop them all.
Ukraine's president quick to condemn the attacks.
VOLODYMYR ZELENSKYY, UKRAINIAN PRESIDENT (through translator): We are dealing with terrorists. They want panic and chaos.
PLEITGEN (voice-over): Ukrainian cities like Lviv, Kharkiv, Dnipro and multiple others reported power outages after Russia's attacks. The deputy head of Ukraine's presidential administration telling me they are working to get the electricity grid back up and running.
UNIDENTIFIED MALE: Well, of course, critically for us is critical infrastructure. Electricity infrastructure.
PLEITGEN (voice-over): But Russian missiles also struck sites that were anything but critical. Several cars were destroyed at this busy intersection outside a museum. PLEITGEN: Even hours after the initial attacks by the Russian
military, there are still air raid sirens going off here in the Ukrainian capital.
And you can see right here, this is just one impact site of where one of those Russian missiles hit. It ripped a hole into the tarmac of the road here, and five people were killed in this place alone.
The attacks come just days after a major Russian logistics route, the Crimean bridge, was heavily damaged by an explosion. Moscow blames Ukraine for the blast, though Kyiv has not taken responsibility for the attack.
The Russian army showed video of ships launching missiles towards Ukraine, and Russian President Vladimir Putin acknowledged he's taking revenge.
VLADIMIR PUTIN, RUSSIAN PRESIDENT (through translator): A massive strike was carried out with high-precision, long-range weapons of air, sea, and land-based systems on energy, military and communications facilities of Ukraine.
PLEITGEN (voice-over): But this clearly was not a command facility. In central Kyiv, a playground took a direct hit, leaving a giant crater. The capital's mayor, former heavyweight boxing champ Vitaly Klitschko, vowing to stand strong.
PLEITGEN: Your message to Putin?
MAYOR VITALY KLITSCHKO, KYIV, UKRAINE: We'll never come back to the Russian empire. We see our future, part of European Democratic family.
(END VIDEOTAPE)
PLEITGEN (on camera): And you know, John, you mentioned it. The Russians apparently already today shooting a bunch of missiles, especially from those two aircraft, as the Ukrainians are saying.
[06:05:08]
Now, the Ukrainians, for their part, say that they shot some of those missiles down. But the latest information that we're getting is some of them have actually struck in the West of the country, where two energy facilities in the Lviv area have apparently been hit.
So one of the things that the Ukrainians say they are sure of is they believe that these attacks are still ongoing and certainly are far from over at this point -- John.
BERMAN: Yes, a new painful day in Ukraine. Frederik Pleitgen, now on the ground there. Thank you so much for that report, Fred.
KEILAR: Let's bring in CNN military analyst and retired Air Force colonel, Cedric Leighton, to look at what's happening here.
It's interesting when you see, Cedric, the breadth of these Russian strikes yesterday. The assessment of U.S. officials is that this isn't something that would have been put together in a day to respond to this attack on the Kerch bridge.
LT. CEDRIC LEIGHTON (RET.), CNN MILITARY ANALYST: Yes, that's right, Brianna. And one of the key things to think about is every time that these strikes happen, there's a lot of planning that goes into them, even if the Russians don't strike major targets.
So you look, for example, in red we have the cities and the areas that were hit on Monday morning. All of these from Lviv in the West all the way to Kharkiv and Dnipro in the East.
Then this morning, we have strikes in places like Khmelnytskyi (ph) and Vinnytsia. Vinnytsia is interesting, because that is the headquarters of the Ukrainian air force. So not just civilian infrastructure targets, but potentially, military targets are being struck now.
That's not exactly the way we would do it. But the way the Russians are doing it is they clearly planned this in a way that allowed them to, in essence, sweep the country with these -- with these strikes.
KEILAR: But at least initially, they did not strike military targets along the front. What does that tell you?
LEIGHTON: So what that tells me is that they were really focusing, once again, on all of the civilian targets that you could possibly get at. Like, for example, this bridge here in Kyiv, this -- this pedestrian bridge.
And then here you see signs (ph) in Dnipro, where they strike in these intersections and they strike electrical facilities. So this is, in essence, a campaign of terror.
And the reason that they do this is because they want to, in essence, subjugate the Ukrainian population and mentally, psychologically go after them with damage like this to all of the different places that they live in, they work in, and that they spend their time in.
KEILAR: Ukrainian President Zelenskyy condemned Russia's attacks, saying, quote, "The world has seen the true face of a terrorist state."
When you're looking at the video from the attacks, what do you see?
LEIGHTON: So when I look at these videos, what I'm seeing is a way in which they're going after facilities, intersections. They are going after areas in which you have a possible, a civilian concentration. You want to take out the power. You want to take out, potentially, food supplies. They want to do things that really hurt the people. they want to do it in a way that terrorizes them.
This is a campaign of terror. It's nothing short of that.
KEILAR: All right, Cedric, thank you so much for taking us through that. We appreciate it. LEIGHTON: You bet, Brianna.
KEILAR: And tonight, President Biden talks exclusively with Jake Tapper. This is an interview that will begin at 9 Eastern on Jake's new primetime show, "CNN TONIGHT WITH JAKE TAPPER."
BERMAN: Four weeks to go until the midterms, and a closer than expected Senate race in Ohio heating up overnight. Democrat Tim Ryan and Republican J.D. Vance faced off in their first debate. This was something to see.
With me now is CNN's Omar Jimenez. Some debate there.
OMAR JIMENEZ, CNN CORRESPONDENT: Yes. Something to see, to say the least. This was by far the most contentious debate I think we've seen in this midterm cycle. J.D. Vance and Tim Ryan talking past each other, at each other. Moderators trying to jump in.
Vance describing, comparing Ryan to a toddler at one point. Ryan saying that Vance is not sticking up for himself when Trump said Vance was just kissing his ass for support, is indicative of the type of senator he's going to be. And that's just the tip of the iceberg.
(BEGIN VIDEOTAPE)
JIMENEZ (voice-over): A nail-biter Senate race heating up in Ohio.
J.D. VANCE (R), OHIO SENATE CANDIDATE: Very close to Halloween, and Tim Ryan has put on a costume, where he pretends to be a reasonable moderate.
TIM RYAN (D), OHIO SENATE CANDIDATE: I'm from Ohio. I don't kiss anyone's ass like him. Ohio needs an ass kicker, not an ass kisser.
JIMENEZ (voice-over): Democrat Tim Ryan and Republican J.D. Vance, in a closer than expected contest that could determine the balance of power in the Senate. On abortion, Ryan pledged to codify Roe v. Wade.
RYAN: We've got to have some moderation on this issue. He's got a very extreme position. J.D., you call rape inconvenient. Right? That's -- rape is not inconvenient. It's a significant tragedy.
And he thinks that we should have Ohio state law, which says if you're raped or incest, pregnant through incest, that you should be forced to have the baby. This is the largest governmental overreach in the history of our lifetime.
[06:10:03]
JIMENEZ (voice-over): Vance says he's not as extreme on the issue as Ryan claims.
VANCE: I am pro-life. I've always been pro-life. My view on this is, generally speaking, Ohio is going to want to have different abortion laws than California, than Texas. And I think Ohio should have that right. But some minimum national standard is totally fine with me.
JIMENEZ (voice-over): But then the abortion issue took a heated turn, when Vance brought up a 10-year-old girl's rape case. That girl traveled to Indiana for an abortion after Roe v. Wade was overturned and Ohio banned abortions as early as six weeks into a pregnancy.
VANCE: I've said repeatedly on the record that I think that that girl should be able to get an abortion if she and her family so choose to do so.
The thing they never mentioned is that poor girl was raped by an illegal alien, somebody that should have never been in this state in the first place.
You voted so many times against border wall funding, so many times for amnesty, Tim. If you had done your job, she would have never been raped in the first place.
JIMENEZ (voice-over): Vance then went on offense to paint Ryan as toeing the Democratic Party line, despite former President Donald Trump carrying the state twice.
VANCE: Tim Ryan has done nothing to stop of fentanyl. He talks about wanting to support a stronger border. He talks about wanting to be bipartisan and get things done. Well, Tim, you've been in Congress for 20 years, and the border problem has gotten worse and worse and worse.
JIMENEZ (voice-over): Ryan then alleging the former venture capitalist depended on foreign workers.
RYAN: He has businesses in Ohio that actually hire foreign workers. Do you think we're stupid, J.D.? And we're not. I'm just telling you that you are -- you're from Silicon Valley. You don't understand what's going on here in Ohio.
JIMENEZ (voice-over): And claiming a new wave of younger leadership is needed in Washington.
UNIDENTIFIED MALE: Do you want President Biden to run again in 2024?
RYAN: No. I've been very clear. I'd like to see a generational change. Mitch McConnell, Donald Trump, the president, everybody. Like, we need a new generation of leadership.
UNIDENTIFIED FEMALE: Gentlemen, it's --
JIMENEZ (voice-over): Vance and Ryan also sparred over the threat of MAGA Republicans and election deniers.
VANCE: Are we having a good time? Is it great to have the president back in Ohio?
JIMENEZ (voice-over): Vance has repeatedly invoked Trump's support throughout his Senate race and rallied with him. RYAN: I want people in Ohio to understand. This is the crowd that J.D.
is running around with. The election deniers. The extremists. He's running with an extreme element here that's very, very dangerous.
VANCE: I find it interesting how preoccupied you are with this at a time when people can't afford groceries, people can't afford to walk down the street safely. Let's focus on the significant issues right now, Tim.
(END VIDEOTAPE)
JIMENEZ (on camera): Now this is a state President Trump carried twice by about eight points, and polls at least now show that there's no clear leader, which is significant when you look at the amount of money Republicans have spent on ads. Over $90 million up to this point, compared to Democrats, around $30 million.
Only surpassed in total spending by races in Wisconsin, Pennsylvania, Arizona and Georgia, all places where turns out, things are going to be close.
BERMAN: Yes. Look, and Tim Ryan and his allies are saying to national Democrats, Hey, look at us. We're here. We're really close. Come help us out. Don't make it be a money thing if that's what we lose for here in Ohio.
Omar Jimenez, thank you so much for showing us what happened last night.
JIMENEZ: Of course.
KEILAR: This morning the seditious conspiracy trial resumes against the five members of the Oath Keepers in connection with the Capitol riots that happened during the certification of the 2020 election results.
The founder of the far-right extremist group, Stewart Rhodes, and four of his top lieutenants are charged with trying to carry out an armed plot to disrupt a peaceful transition of power and prevent Joe Biden from taking office.
Federal prosecutors, who revealed dozens of messages from the defendants, discussing violence before and after the Capitol attack.
All five defendants have pleaded not guilty.
There's a new book out next week that details a conversation between House minority leader Kevin McCarthy and moderate Republican Jaime Herrera Beutler in the wake of former President Trump's second impeachment trial.
This book is called "Unchecked: The Untold Story Behind Congress's Botched Impeachments of Donald Trump." And it sheds light on how party leaders on both sides of the aisle prioritized their political interests and ultimately failed to hold the former president accountable. In a just-released excerpt, the authors reveal that McCarthy ripped
into Herrera Beutler, who voted to impeach Trump, for going public about McCarthy's January 6th phone call with the former president as the insurrection was underway.
McCarthy reportedly said, "After all the work I have done for you. I alone am taking all the heat to protect people from Trump. I alone am holding the party together. I have been working with Trump to keep him from going after Republicans like you and blowing up the party and destroying all our work! You should have come to me. Why did you go to the press? This is no way to thank me."
To which Beutler said, "What did you want me to do? Lie? I did what I thought was right."
[06:15:07]
And joining me now is one of the authors of the book, CNN political analyst Rachael Bade.
Rachael, it's so great to have you on to talk about this.
So McCarthy, for this brief moment, right after the insurrection, held Trump accountable. And it was really this conversation that made his conversion back into Trump's good graces difficult for him.
RACHAEL BADE, CNN POLITICAL ANALYST: That's exactly right. There was a moment two days before Trump's impeachment vote in the House, where Jaime Herrera Beutler was really struggling with how to vote. She believes Trump was guilty, but it was a huge leap to basically vote to impeach the president of your own party.
So she calls Kevin McCarthy, and she says, I need to know what you know.
And McCarthy, who's job as GOP leader, obviously, he would say, would be to keep his members in line. But he was so sort of upset and torn about what had just happened that he just poured out to her like a therapy session. He told her about this call he had with Trump.
And he knew from her office that this conversation was going to influence how she voted on impeachment, and sure enough, she got off the phone and said, I'm going to vote to impeach.
But even though he told his members, if you vote to impeach Trump, you know, I'm not going to retaliate against you, after Trump was acquitted, the president was furious at him; and he wants to be speaker of the House again [SIC] someday, or someday he ants to be speaker of the House.
And so he was trying to get back into Trump's good graces, and he was super frustrated. He summons Herrera Beutler to his office, and he goes off on her to the point that she actually starts crying.
And it's important to note that these two lawmakers are actually quite close, or they were before this episode. Jaime Herrera Beutler looks up to McCarthy like a big brother. McCarthy campaigned for her. He helped support her when she was having problems with her first pregnancy, a complicated first pregnancy.
But that really tore their relationship apart, all because she followed her heart and told the truth.
BERMAN: You know, what strikes me about these excerpts, Rachael, which are fascinating, is what McCarthy's view of himself seems to be. That I'm all you have. I'm the only thing standing between Donald Trump and you here.
Well, how did that work out for Jaime Herrera Beutler?
BADE: Not well. Obviously. She lost her primary, and she's not going to be coming back to Congress anymore. And that's -- it's important, too, because you know, a lot of the moderate Republicans, members like Jaime Herrera Beutler, when Trump -- when McCarthy went down to visit Trump at Mar-a-Lago right after January 6th, a lot of them privately criticized him and said why did you do this?
He said, I'm doing this for you. I'm doing this to protect you.
Clearly, that didn't work out very well.
Another thing to note, though, about all of this is that, you know, McCarthy, again, he wants to be speaker someday, and clearly, he has a problem following his own conscience. Right? Like, he wanted to do one thing, and then he ends up freaking out and going the opposite direction.
And so this is a man we're potentially going to be seeing leading the House in a couple of weeks, if Republicans flip the chamber.
KEILAR: Yes. Politically, it seems this ability of him to selectively forget things seems to benefit him. Right? Politically.
Others could not forget what he told them. And that includes Liz Cheney, who he spoke to in the wake of the insurrection.
BADE: Yes. There was a couple of moments where he turned to Liz Cheney after the election, when the president was going out and specifically saying, former president saying, I won the election. Touting this big lie.
And he was putting pressure on House Republicans to join this legal filing, basically trying to contest states where Biden won.
And McCarthy knew that it was problematic. He and Liz Cheney talked about it, we report in the book. And Liz Cheney said, This is undemocratic. You can't do this. You can't support this.
And he says, I agree with you. I'm not going to do it.
And so the list of House Republicans comes out, and the name -- McCarthy's name is not on it. Trump and his allies freak out that his name is not on it, yell at him. And he says, OK, there was a technical glitch. I'm adding my name to
this, and I am going to join this legal filing, challenging the results in these states.
And so again, this example of McCarthy having this gut reaction. He knows it's bad. But then when he gets -- when the pressure comes, and you know, he just -- he just can't stand it, and he -- he ends up caving.
KEILAR: Look, we see how it worked out for him and how it worked out for Liz Cheney. Really, two different stories of Republicans here.
Rachael Bade, thank you so much for sharing these moments from the book. We appreciate it.
BADE: Absolutely. Thanks for having me on.
KEILAR: A troubling timeline from the CEO of JPMorgan Chase. When he predicts the U.S. could enter a recession.
BERMAN: The threat of a freight railroad strike is back. The hitch in the tentative agreement.
And how airlines are gearing up for a busy holiday travel season.
(COMMERCIAL BREAK)
[06:23:55]
(BEGIN VIDEO CLIP)
JAMIE DIMON, CEO, JPMORGAN CHASE: Currently right now the U.S. economy is actually still doing well. But you've got -- you can't talk about the economy without talking about THE stuff in the future. And this is serious stuff. These are very, very serious things which I think are likely to push the U.S. and the world -- I mean, Europe is already in a recession. And they're likely to put the U.S. in some kind of recession six, nine months from now.
(END VIDEO CLIP)
BERMAN: Double-fisted Jamie Dimon there.
New warnings from the JPMorgan Chase CEO as the nation grapples with high inflation, and as a result, rising interest rates. Stocks reacted almost instantly to his warning. The market fell sharply after the interview aired, but recovered some of those losses before the market closed.
Here now, CNN's chief business correspondent, Christine Romans; and CNN business correspondent Rahel Solomon.
What does Jamie Dimon see that he keeps on telling us a recession is around the corner?
CHRISTINE ROMANS, CNN CHIEF BUSINESS CORRESPONDENT: He sees more that most, right? Because all of those credit cards and consumers and bank loans.
Look, he had talked about, what, a hurricane a few months ago. I mean, his job -- and he has said this to us many times -- his job is to worry about what's coming down the pike.
And he's worried about all the uncertainties. There are more uncertainties and more headwinds for global economies at one time than I've ever seen. And so he is warning about some sort of recession in the future, six to nine months.
[06:25:08]
He's not the only one warning, as well. You've got Bank of America also saying you're going to see a recession down the road and that you'll actually start to see some job losses --
RAHEL SOLOMON, CNN BUSINESS CORRESPONDENT: Yes.
ROMANS: -- sometime next year. So two -- two big bank warnings in the last 24 hours.
SOLOMON: And I think it's what he means about what he sees but also what he said the bank is doing. Which is they're preparing for whatever might be around the corner.
So for us folks, individually, maybe we should prepare, too. Right? So what does that mean? Things like paying off your credit card bills, which Christine talks about a lot.
ROMANS: Please.
SOLOMON: Building up your savings.
But when Jamie Dimon speaks, he is the face of the U.S.'s largest bank. The world pays attention, full stop. I mean, anything he says will move the markets. Anything he says will get our attention, because he is such a face on Wall Street.
BERMAN: And you talked about Bank of America. So Bank of America issues this warning saying that sometime not too far from now. I guess next calendar year.
ROMANS: Yes.
BERMAN: We're seeing job gains right now, but they say could see job losses --
ROMANS: Right.
BERMAN: -- of 175,000 jobs a month.
ROMANS: Let's show -- I have this annual jobs growth chart that I think is really amazing.
It shows you we've already got 3.5 million jobs added this year. That's monster job creation the past couple of years. And that is, in and itself, inflationary.
What Bank of America and others are saying is that number is going to slow dramatically, because of the Fed's huge interest rate increases. And you're going to see the jobless rate rise, I think B of A says, to 5.5 percent next year. It's at 3.5 percent right now, which is very, very low.
I think the Fed's own target for the jobless rate next year is 4.4 percent. So Bank of America saying there's going to be job loss associated with all these Fed interest rate hikes.
SOLOMON: Yes, and I think what's interesting is that, depending on whether it's B of A or the Fed, right? I mean, everyone practically sees unemployment going up. Everyone is calling for joblessness to increase.
So for you at home, maybe it's not your job on the chopping block, but that does mean the labor market is probably going to be changing. Right? I mean, this time when we had two open jobs for every one person looking is going to be changing.
So maybe it's going to be harder to get a raise. Maybe it's going to be harder to get that perk that you wanted. I mean, the labor market is changing and transitioning, and it seems like everyone pretty much is in agreement on it.
BERMAN: Yes.
ROMANS: Jamie Dimon said, it's good right now. And it is good right now. But we don't know what it's going to look like in six months.
BERMAN: One thing should be clear, though. What's good for the worker or people at home watching, isn't this really what's good for Jamie Dimon? Jamie Dimon and others might do better if there are, you know, some job losses. Right?
SOLOMON: Well, the Fed would certainly like to see -- I mean, they won't say it this way, but they would certainly like to see the unemployment rate go up. They would certainly like to see some slowing in the labor market. But absolutely for the worker, you want to see wages go up, and you want to see a plentiful job market.
BERMAN: Rahel Solomon, Christine Romans, thank you both very much.
So as President Biden delivers pardons for federal marijuana convictions for possession, our next guest writes a provocative op-ed about the dangers of marijuana. Dr. Leana Wen joins us to discuss, ahead.
KEILAR: Plus, the "Back to the Future" reunion that is warming hearts this morning.
(BEGIN VIDEO CLIP)
MICHAEL J. FOX, ACTOR: You tell me you built a time machine -- out of a DeLorean? CHRISTOPHER LLOYD: The way I see it, if you're going to build a time
machine into a car, why not do it with some style?
(END VIDEO CLIP)
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