Thursday, June 13th, 2024

Today’s Headlines: President Biden is attending the G-7 summit in Italy, where discussions will focus on using $300 billion of seized Russian assets to fund the Ukraine war and implementing new sanctions against Russia. Biden will also meet with Ukrainian President Volodymyr Zelenskyy to sign a new security agreement, pledging long-term support for Ukraine's defense alongside commitments from 15 other countries. House Republicans have voted to hold Attorney General Merrick Garland in contempt of Congress for refusing to release audio recordings of President Biden's interviews, despite having transcripts, with Garland defending the decision as lacking a legitimate legislative purpose. The FBI reported significant crime reductions in the first quarter of 2024, with decreases in murder, rape, robbery, aggravated assault, and property crime, attributing this to targeted law enforcement efforts. Meanwhile, a hijacking incident in Atlanta highlighted issues with Georgia's permitless carry law, as the gunman, a felon with a history of mental health issues, legally accessed a firearm. And finally, the Federal Reserve announced that interest rates will remain unchanged, with one rate cut expected by the end of the year and higher long-term rates anticipated and the latest inflation report shows a 3.3% increase in CPI over the past year, slightly down from April's 3.4%, aiming for a 2% target rate.

Resources/Articles mentioned in this episode:

• NBC News: Biden heads to Italy to pitch world leaders on more cash for Ukraine
• CNN: House GOP votes to hold Attorney General Garland in contempt
• The Guardian: Violent crime in the US plummeted in first months of 2024, FBI data reveals
• NBC News: Suspect in armed bus hijacking in Atlanta spoke to local media at a shooting scene hours earlier
• NY Times: Southern Baptists Vote to Oppose Use of I.V.F.
• NY Times: Age Limit for Congressional Candidates Is on North Dakota’s 2024 Ballot 
• CNBC: Fed holds rates steady, indicates only one cut coming this year

Morning Announcements is produced by Sami Sage alongside Bridget Schwartz and edited by Grace Hernandez-Johnson

Learn more about your ad choices. Visit megaphone.fm/adchoices