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tv   Early Start With John Berman and Christine Romans  CNN  December 14, 2016 1:00am-2:01am PST

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♪ donald trump thank you tour making a stop in wisconsin. praising former adversary paul ryan, and preparing for battle in defense of his pick for secretary of state. several titans of technology sitting down with the president-elect today, among them a ceo who publicly feuded with donald trump in the past. a grim, grim scene in eastern aleppo. civilians reportedly being slaughtered in their homes by syrian forces. can plans for a cease-fire and mass evacuations take hold. this is a dangerous situation.
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good morning. welcome to "early start." i'm christine romans. >> and i'm george howell, it's wednesday, december 14th, 4:00 a.m. on the east coast. today, with donald trump, his thank you tour, the president-elect on stage with one-i am adversary, the speaker of the house, paul ryan. the rally turned into a lovefest with trump praising ryan, and ryan complimenting trump right back. the exxonmobil chief rex tillerson who may face an uphill battle for the senate confirmati confirmation. cnn's jim acosta has the latest from wisconsin. >> reporter: george and christine, donald trump has taken another victory lap here at the rally here in wisconsin. trump praised tillerson's contacting around the world but he did not mention tillerson's past ties to russian president vladimir putin. trump looked back at the
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election victory and thanked his supporters, including house speaker paul ryan who he praised in an unusual way. here's more of what he had to say. >> speaker paul ryan, i've really come to -- oh, no, i've come to appreciate him. speaker paul ryan. where is the speaker? where is he? he has been -- i'll tell you, he has been terrific. you know honestly, he's like a fine wine. every day goes by, i get to appreciate his genius more and more. now, the other goes against me, i'm not going to say that, okay? he's a great guy. and we have some amazing things in store. we're going to work on taxes. we're going to work on obamacare, and he's going to lead the way so thank you. >> reporter: even though it's been more than a month since elected president, trump could not resist taking one last shot
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at hillary clinton. asking everybody in the crowds whether anybody remembers her name. >> ryan zinke is his pick for interior secretary. he's faced criticism from environmental and conservation groups since he joined the house in 2015. if confirmed, zinke would directly oversee the fda. rick perry is donald trump's nominee to head the energy department, that's an agency that the former texas governor once vowed to abolish. perry has long been an ally of big oil. and questioned the science leaking greenhouse gas emissions. perry referred to trump as a cancer on conservatism. and a barking carnival act but now an ally.
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high profile trump supporter katrina pearson is seeking a job in the trump administration. sources tell cnn she met with trump on tuesday, possibly to discuss becoming a white house press secretary. pirson once famously told the cnn audience president obama was the blame for the engagement in afghanistan even though he did not take office for seven years later. the tech executives at trump tower among them larry cook and larry page ahead of the google company alphabet. mr. trump will be sitting down with amazon's jeff bezos. his combatant relationships with donald trump could cast a shadow on it. our samuel burke is live in london this morning. samuel, there could be very some awkward moments during these meetings. >> george, good morning. it felt like at times all of
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silicon valley, or nearly all of silicon valley was against donald trump with one of the exceptions being peter thiel, the former tech investors who organized this meeting in part. bezos said about trump's rhetoric that it was eroding democracy around the edges for the united states. and eventually donald trump fired off this tweet, just about a year ago taking aim at basis zogs and "the washington post" which he's the owner of saying, quote, in this tweet, "the washington post" loses money, a deduction and gives owner jeff bezos power to screw public on low taxation of amazon. big tax shelter. and bezos tweeted off after donald trump won that one a bit more conciliatory. it will be interesting to see it will be like the relationship with rick perry like you were describing, they seemed to have mended fences. >> hopefully no more twitter wars between mr. trump and the
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tech giants. at the top of the agenda, what will they be talking about? what type of policy issues will be discussed? >> without a doubt, jobs and the economy. interestingly, though, sources are saying it looks like donald trump is looking for ways for the tech community to help make government more efficient. oftentimes when a tech company makes a workforce more efficient, it means eliminating jobs. to that part, when they discuss jobs, lots of these tech companies, all you have to do is look around and hear the options to know that these companies depend heavily on foreign labor. immigrants coming to the united states and filling engineering jobs. that's a point. certainly not something that donald trump campaigned on so that could be a don tcontentiou point. the question over inscription, remember, apple wouldn't hand over the iphone information after the san bernardino attack. donald trump said who do they
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think they are not handing over the codes to get in? they're hoping this doesn't come up for now. >> samuel burke live for us in london. samuel, thank you. donald trump is now getting the intelligence daily briefing three times a week. we're also told the president-elect is getting daily briefings for his pick for national security adviser michael flynn. flynn is attending the daily briefings daily. trump is take something criticism for previously owns and attending one meeting a week. senators meeting on both sides of the aisle bringing an invitation to donald trump that dates back decades, chris coons of delaware and republican john bozeman of arkansas will formally ask donald trump to attend the annual national prayer service in washington on february 2nd. the tradition dates back all the way to president eisenhower.
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senator coons tells trump he hopes he will attend. and out of the trump tower. jim brown said he voted for hillary clinton but, quote, fell in love with trump. came away from the meeting with a heartwarming sense of positivity. and admires the president-elect for his resiliency. and then there was this moment. kanye west also getting an audience with the president-elect. we're told that the meeting was requested by the rap artist who just recently was hospitalized for exhaustion. afterwards, kanye west let donald trump do most of the talking. >> just friends. just friends. it's a good man. we've been friends for a long time. life we discussed.
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>> hi, no comment why you're meeting the president-elect? anything you want to say? >> i just want to take a picture right now. >> he did have nothing to say there. in case you're wondering kanye will not be performed at the inauguration. that has been confirmed. two cabinet level announcements donald trump pushing into next year in the press conference, then he sits in front of the cameras with kanye west. what a day for donald trump. a lot going on there. all right. big news in money. get ready for higher interest rates on the big ticket items you buy. the federal reserve wraps up a two-day policy meeting this afternoon. and we expect the fed will end 2016 with a rate hike the same way it ended 2015. why not? because the economy is ready for it. the employment rate, 4.6%. 180,000 jobs being added each
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month. gdp grew 3.2% in the last quarter. prices are rising. higher rates from the fed. what does it mean for you? it means borrowing costs are going up. this affects immediately and directly millions of americans. if you take out a new mortgage or home equity line of credit or an adjustable rate mortgage, will you pay more for your homes. car loans will get more expensive. if you run a balance on your credit card, you could see higher interest rates as well. if you're a saver this is good for you. for years, the money in the certificates of deposit have been getting almost nothing in return. for savers for seniors who want to put money in a fixed income, they will see the interest rates rise. that is the silver lining. bank profits, too. if you're cheering for banks to make more money, it's good for them.
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>> yea. well, a story that is difficult that we've been covering, these families who are caught up in carnage and chaos in eastern aleppo. russia says that syria has retain control of the region. can plans for a cease-fire and evacuations take hold? we have a live report ahead on "early start."
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14 minutes past the hour. eastern aleppo may be back in the hands of government forces. the fresh setbacks are unfolding for civilians this morning. now russia russia is boasting about newly hammered out cease-fire evacuation plan. that agreement has yet to bear fruit. and ready to take injured civilians to medical care, they've yet to take a single passenger. now comes a claim from multiple activities in multiple neighborhoods. cnn's jomana karadsheh is live. she's following all of the
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developments. the russians are saying in fact that eastern aleppo is now back in the hands of the syrian regime. and now the next step is to get relief or evacuation for folks. where do we stand? >> well what we do know, christine, over the past hour or so, we've been receiving reports from activists and residents in eastern aleppo who are on the ground, they're telling us that the artillery shelling by regime forces has resumed. they say a couple of neighborhoods have been hit by this barrage of artillery fire. they're reporting a number of civilian casualty injuries as a result of this artillery fire. these are the first, of course, of violence that we're getting from eastern aleppo since that cease-fire announcement was made late on tuesday. and we also heard a few hours ago, christine, that with these evacuations that were scheduled to take place, about 4 1/2 hours
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ago, where we're going to see the first group of people being evacuated. that's 150, including 17 injured people and their family members. now, the buss were ready. people ready to move out but there was a delay. no one really knows what the reason for that delay is. and now, these reports of renewed artillery shelling. it's worth mentioning that this deal was brokered prierl marry between turkey. a deal between russia and the opposition fighters. and we've really not heard anything from the syrian regime yet, since this announcement has been made. it's also worth noting there have been agreements, these sort of surrender agreements in the past where rebels lead areas, especially in the damascus suburbs and there have been delays in the past, implementing such agreements. it's a very complex situation on the ground with so many different groups involved, christine.
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>> so concerned about, you know, the children and the families who are still there. but i guess practically speaking, is this the end of the resistance to the assad regime? >> not if you speak to the people, christine there. they do see this as a major turning point. just to give you an idea, a few months ago, i asked a resident in eastern aleppo, an activist, an idealist who really believed in the syrian revolution. i said what would you do if aleppo falls. at that point, they really could not see that happening, he said, no one would let aleppo fall because that would mean that the syrian revolution has failed. a lot of people that we speak to say they will continue with this. that this is not the end of their fight for freedom. as some still describe it. of course, the concern here is, you're going to be seeing possibly while the rebels are losing their major urban
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stronghold. aleppo being the last of these major urban strongholds that we could see a shift here where the rebels would revert to insurgency style tactics. the hit and run tactics. this is not the end of the syrian war. we've even heard this from the bashar al assad. he said this is a great victory. but to be realistic, this is not the end of the war. >> thank you. the daughter of an unarmed 73-year-old man who was shot by police in bakersfield california is calling it murder. officials say seven officers responded early monday after just midnight to a report of a man with a gun acting strangely. police say that an officer fatally shot francisco sana after he ignored an order to stop approaching and remove his hands from his pockets. he died at the scene. people did not find a gun on him
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only a clark colored crucifix. actor alan thicke has died. the star suffered a fatal heart attack while playing hockey with his grandson. alan thicke was just 69 years old. >> the former presidential candidate and ohio governor john kasich has signed a bill that outlaws abortion in his state after 20 weeks. he also vetoed a proposed heart beat bill that would have prohibited abortions once a fetal heartbeat can be detected as early as six weeks in pregnancy. he didn't support that measure because he feared a lengthy and legal battle. 19 minutes past the hour. more fallout from donald trump's pick of secretary of state rex
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tillerson. can this exxonmobil ceo get confirmed despite what his critics call a conflict of interest? "early start," back in a moment.
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welcome back. new concern being voiced this morning over donald trump's nominee for secretary of state. many are asking about the relationship between exxonmobil ceo rex tillerson and the russian president vladimir putin. how close is that relationship?
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is it a personal friendship? or just built around the needs of tillerson that he served for years? matthew chance is live in moscow this hour. matthew in russia, mr. tillerson is viewed as a friend of the nation? >> he is. he's actually such a friend of the nation, he's been awarded a medal by vladimir putin himself. the order of friendship which is the highest civilian honor that russia can bestow on a foreigner. he's extremely well connected with the power in this country. he's very close to vladimir putin in the sense they've known each other for at least a decade or longer. in his capacity as top executive and ceo for the past decade of exxonmobil. he's also very close to those people around vladimir putin, particularly the head of rosneft. and they are believed to be close personal friends.
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in fact, it's said they planned a motorcycle trip together around the united states before mr. sechen was sanctioned after the annexation of crimea in 2014. so, yes, he does have a personal relationship in terms of power in russia. but that could actually play to his advantage. because if anyone can do a deal with people like that, then it's rex tillerson, because he knows how to work with them. he knows how to talk with them. and he's got a proven track record in order to deliver results admittedly for exxonmobil. hopefully, for trump, he's able to handle it for the american people as well as a top diplomat. >> indeed, he has experience dealing with different nations through exxonmobil. matthew chance live in moscow. thank you. and that's why they say he should be tapped for the state department. he's somebody who has
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leadership. who knows all of the players. actually been part of foreign policy for years but very concerned about the relationship between the -- russian president. >> described his role in geo politics with a capital "g." president obama signing into law a bill. the funding act, $4 billion for cancer research, drug addiction recovery and mental health services. obama highlighted the work of vice president joe biden who led a push for moon shot to fight cancer following the death of his son beau last year. >> you know how many times does the doc say, that the patient comes to you to say doc, i don't expect you to make me whole again. just give me another month to walk her down the aisle.
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just give me another six months so i can see my first grandchild. >> for americans of americans, giving them renewed hope. the president-elect on paul ryan's home turf with something to say about the house speaker. we'll have that story for you, as "early start" continues. with no surprise overages, you can use your data worry free and even carry over the data you don't use. and right now get four lines and 20 gigs for only $40 per line. you'll even get the samsung galaxy s7, the pixel phone by google, or the motoz droid for only $10 per month. hurry, these offers end soon. get the best deals and the best network, only on verizon. why are you checking your credit score? you don't want to drive old blue forever, do you? [brakes squeak] credit karma, huh? yep, it's free. credit karma. give yourself some credit.
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we are going to make america great again. >> the president-elect donald trump taking the stage in wisconsin, praising paul ryan and defending his pick for secretary of state. silicon valley comes to trump tower. the top names, biggest names in tech meet with the president-elect. and we're following a dire situation on the ground in aleppo, syria an evacuation plan on hold. as activists on the ground report new shelling. welcome back to "early start." i'm george howell. >> i'm christine romans. nice to see you again, george. it's 30 minutes past the hour. let's begin with president-elect donald trump with the next stop on his thank you tour, the battleground state that helped him win this election. he turned a rally in wisconsin into a lovefest, praising one-time adversary, paul ryan, there you go, speaker of the house complimenting trump right
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back. amid the kumbaya, awaiting the nominee of exxonmobil chief rex tillerson who faces a battle for senate confirmation. cnn's jim acosta has the latest from wisconsin. >> reporter: george and christine, trump has taken yet another victory lap at a rally here in wisconsin. he defends his choice for secretary of state exxonmobil's rex tillerson. he did not mention tillerson's past tice to russian president vladimir putin. trump looked back at his election and credited and praised paul ryan in an unusual way. here's more of what he had to say. >> speaker paul ryan, i've really come to -- oh, no, i've come to appreciate him.
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speaker paul ryan. where is the speaker? where is he? he has been -- i'll tell you, he has been terrific. you know honestly, he's like a fine wine. every day goes by, i get to appreciate his genius more and more. now, the other goes against me, i'm not going to say that, okay? he's a great guy. and we have some amazing things in store. and we're going to work on taxes. we're going to work on obamacare, and he's going to lead the way so thank you. >> reporter: even though it's been more than a month since elected president, trump could not resist taking one last shot at hillary clinton. asking the crowd here in wisconsin whether anybody remembers her name. george and christine. >> jim acosta, thank you. republican congressman ryan zinke of montana is donald trump's pick for interior secretary. zinke is a 55-year-old ex-navy s.e.a.l. who arrested two combat medals in iraq. hins is he joined the house in 2015, if confirmed he would
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directly oversee the epa, an agency he has criticized for imposing too many restrictions on industry. rick perry is donald trump's nominee to head the energy department. an agency the former texas governor once vowed to abolish. perry has long been an ally of big oil. he's questioned the science linking greenhouse emissions to climate change. while still a candidate during the primaries, perry referred to trump as cancer on conservatism and a barking carnival act. and high profile katrina pearson is seeking a job in the trump administration. sources tell cnn that she met with trump on tuesday, possibly to discuss becoming white house press secretary. all right. later today, the president-elect meets with top-ten executives at trump tower. among the silicon valley leaders sitting down with mr. trump, tim cook, larry page. and also there, amazon chief
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executive jeff bezos. these guys are actually not warm and fuzzy friends. in fact, that could cast a bit of a shadow on today's meeting. a look ahead of the tech summit as samuel burk joins us from london. i have to say the feelings in silicon valley towards trump as a candidate were very cool. that would actually be a polite way of putting it. except for peter thiel who spoke at the rnc convention, really, silicon valley did not lined you behind him. >> absolutely, they did not. speaking of peter thiel, it looks like he's the man for arranging this. all the techies are coming from california to new york. of course, we want to hear what happened with jeff bezos. of course, he doesn't just own amazon, he also owns "the washington post." so it will be interesting to see if this is a repeat of that meeting that donald trump had
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with media executives where he lambasted some of them. interesting to note who is not going to be there, jack dorsey, the ceo of twitter. donald trump is revolutionizing the office taking to twitter, instead of doing press conferences. and the guy who invented the platform isn't even going to be there, christine. >> i imagine they're going to talk with trump about taxes. this has been an issue in silicon valley. some have been criticized for their elaborate international tax strategies to keep taxes low. what kind of policies do you think will be first and foremost here? >> it's interesting because taxes may be one blase that these companies could agree on with donald trump. he has said publicly he'd like for companies like apple to bring their money from europe, where they have lots of money here, bring it back to the united states and they may have another tax rate. again what stands out to me, what's not on the agenda we've heard so far is hacking.
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this is so important to all of these companies. they pay so much in terms of hacks coming from the united states as well as other countries. and here we are in the midst of an interesting transition where hacking has come to the top of the agenda in terms of the analysis of how this all played out. accusations coming from the intelligence community. and so far, all we see is jobs in the economy. so it will be interesting to know if somebody steps up to the plate and mentions hacking at that meeting, christine. >> and immigration. they will not see eye to eye on immigration. and donald trump said he wants apple to be making iphones in the united states. which is hard to do when the labor potential is, it's just fascinating. >> trump donald trump is now ge the daily intelligence briefings two times a week. this is according to a trump spokesman john spielcer. michael flynn is attending these
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daily briefings daily. trump has taken some heat for previously attending only one of those daily briefings a week. democratic chris coons of delaware and republican senator john boozman of arkansas will visit donald trump later today. and they're bringing an invitation. they will be formally asking the president-elect to attend the national prayer breakfast february 2nd. this is a tradition dating back to president eisenhower. senator coons tells cnn he hopes trump will continue that tradition and attend. nfl commissioner jim brown paid the president-elect a visit. the two men talked about issues facing the african-american community, afterwards, brown who said he voted for hillary clinton talked to cnn's brooke baldwin about it. >> i fell in love with him because he really talks about helping african-american black people. and that's why i'm here. when he goes through what he went through to become the president, he got my admiration. because no one gave him a
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chance. >> fell in love with the president-elect. >> even though during the campaign, donald trump and the campaign took some heat from the african-american community. and other minority groups. but brown also says that he came away from that meeting with a heartwarming sense of positivity. kanye west also god an audience with the president-elect. we're told that the meeting was requested by the rap artist who was recently hospitalized for exhaustion. after the meeting, kanye west with donald trump. >> just friends. just friends. he's a good man. long time. we've been friends for a long time. life. we discussed life. >> kanye, do -- no comment, meeting were the president-elect? do you have anything to say? >> i just want to take a picture
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right now. >> you see he avoided that question right there. in case you're wonder, kanye west will not be performing at the inauguration. that has been confirmed by the head of the president-elect inaugural committee. two major appointments yesterday pushing off a press conference, a customary press conference after someone wins into next year. still questions about business conflict. and kanye in the lobby. that is the day in the life, i guess, of what is a very busy transition. it is fed decision day. all signs point to a rate hike. the federal reserve wrapping up its final meeting of this year. the economy is ready. the feds should be ready to act. that means borrowing costs are going up for both consumers and businesses. but check out this chart. it shows the fed funds rate. that's that target interest rate going all the way back to the 1990s. rates are historic lows. yes it's going to make things
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like mortgages more expensive but a gradual rise, back to decades not seen. there's also some irony. donald trump said that the fed chief janet yellen was keeping rates low to preserve president obama's economic legacy. meantime, the fed has been begging obama and the white house to do something for reserves. they finally get what they want from the trump administration and republican congress. finally, some spending or tax reform in washington, the fed doesn't have to be the only deal in town. the plans to get civilians out of war-torn aleppo. they have hit a snag at the worst possible time. we'll have a live report -- ahead.
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the crisis in syria. eastern aleppo may be back in the hands of government forces. but a new setback is unfolding for the many, many people displaced this morning. russia is boasting of a newly hammered out cease-fire and evacuation plan. but that agreement has yet to take in effect on the ground. several buses like the bus you see here, have been stationed and ready to take injured civilians much needed medical care. but they have yet to take a single passenger. now comes a claim from multiple activists in eastern aleppo of attacks in rebel-held neighborhoods. jomana karadsheh is following this story.
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jomana, is it fair to say that the hostilities that this war has ended in syria? >> well, that's a question that many people are asking. it clearly has not. this is one battle of this larger war in syria. we've even heard this from the syrian president himself a few days ago saying that while they might claim victory in aleppo, this does not mean that the war in syria is over. and now, george, if we look at the current situation on the ground in eastern aleppo, as you mention earlier, according to activists on the ground. they say over the past 90 minutes or so that there has been a resumption of artillery shelling in these neighborhoods where the rebels and the civilians are, waiting for that evacuation to begin. we are being told that a barrage of artillery fire has hit at least two neighborhoods. and that there are civilian injuries as a result of this shelling. now, a few hours ago, these evacuations were scheduled to
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take place. it was a group of about 150 people. this is going to be the first batch of people to be evacuated includes injured, about 70 injured. and their family members. that did not happen. people did not know what was going on. and what the reason for the delay is. and in the last few minutes, we are hearing from the turkish foreign minister. of course, turkey has largely been the mediator of this cease-fire agreement between the russian and rebels. according to the foreign minister, he says that the syrian regime and some forces are trying to break this cease-fire agreement. it's a very complex situation on the ground. so many different forces there involved. it's not just here, we have also iranian and iranian-backed militias fighting alongside the regime. so this is a very complicated situation. of course, the civilians are anxiously awaiting, we've been speaking to them, to get out of,
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george. >> jomana karadsheh, i know you're continuing to be in touch. we'll follow you as you continue to be in touch. >> the sauer of an unarmed 73-year-old man shot in bakersfield, california, is calling it murder. officials say seven police officers responded monday night to a report of a man acting strangely. police say police fatally fransesca sanaa. he died on the scene. police did not find a gun on sanaa. they only found a dark colored crucifix. actor alan thicke has died. the former "growing pains" star suffered a fatal heart attack while playing hockey with his 19-year-old grandson in los angeles. alan thicke was just 69 years
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old. ohio governor john kasich has signed a bill into law that outlaws abortion in his state after 20 weeks. he also vetoed a proposed heart beat bill once a fetal heart can be detected as early as six weeks into pregnancy. kasich said he doesn't porter that measure because he feared a lengthy and costly court battle. planned parenthood calls the signing. a rate hike, this means millions of you will feel it. you will feel a lot more for purchases. do you have money sitting on a credit card, a revolving balance? that's going to go up. but some others are going to be saving money. i'll show you the winners and losers of higher interest rates -- next.
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all right. new concern this morning over donald trump's nominee for secretary of state. exxonmobil ceo rex tillerson. there are questions about his relationship with russian president vladimir putin. how close is it? is it a personal friendship? or is this a relationship built around the needs of a mega corporation tillerson has worked for his entire career. i want to bring in senior correspondent matthew chance in washington. matthew, less than 24 hours ago,
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this order of friendship, this award bestowed on rex tillerson from vladimir putin, that's been given to a lot of people. don't read too much into that. this is a working business relationship. and this is a man who knows how to say no to the russian president. what do we know about their relationship? >> well, we know it's fundamentally based on rex tillerson's dealings as an executive of exxonmobil as a ceo. he's much closer, i understand, to the igor sechin, the right-hand side man of vladimir putin, the president of rosneft, which is the oil company. putin is a kgb man formerly. it's not clear that he actually has friend in that personal sense that you and i would talk about them. look, rex tillerson has a proven
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track record of having to deal with upper echelon of the kremlin. he built a deal of $500 billion. that was good news for the shareholders of exxonmobil and good news as well for russia. and the hope that trump has he can bring back that deal-making ability like syria and ukraine, and bilateral issues where u.s. and they have been divide. and we spoke to a few minutes ago, the spokesman for vladimir putin saying, look there are no any illusions that the situation between united states and russia is going to get any different because rex tillerson is secretary of state. they're looking to cooperate on syria and a whole range of
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issues. perhaps, rex tillerson can deliver that kind of protest. >> it will be easier to see rex tillerson be essentially the gate keeper for donald trump, president donald trump world view here, to keep the ukraine sanctions. you know, there are so many places where, you know, rex tillerson has said those sanctions were too onerous. hasn't he? >> yeah, he went on record and said he believes sanctions are ineffective when they are used as a tool of foreign policy. and he said that, of course, back in 2014 when the sanctions for the united states were imposed on russia after an nexted crimea from ukraine there. and said it, of course, after exxon said it lost up to $1 billion when it did deals with russia. and because the sanctions wasn't able to follow through, and the company lost $1 billion because of the sanctions.
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and perhaps driven by this frustration about that that he spoke out against sanctions. it's frustrating, worrying to people, that he goes into the office, somebody who has spoken out against sanctions by the united states against russia, cow see an easing. >> that someone with at least some sort of business relationship with vladimir putin may be a reset of america's relationship with russia, that's what supporters would say. matthew chance, we will continue to follow this as the nomination continues. prosecutors will be wrapping up their case in the federal hate crimes trial of admitted church shooter dylann roof today. this video evidence was introduced to the jury tuesday, showing roof taking target practice at balloons filled with liquids and objects placed on cinder blocks. last year, roof opened fire and killed nine parishioners at a bible study in an african-american church. let's get a check on cnn
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money scene this morning. stock futures are basically not moving because there's something big happening today. the federal reserve's big decision on interest rates. investors want to know what the fed says about the next rate hike. the dow, nasdaq, s&p 500 all closing at record highs. yesterday, stock markets in europe lower. shares in asia, mixed. oil is down after a report showing a surprise jump in oil stockpiles here in the u.s. it could be an historic day for the stock market. the dow is fewer than 100 points away from 20,000. it's a stemming rise than just earlier this year when the dow was below 16,000. after the election hit 19,000 for the first time. and now days later, the dow near 20. this is a psychological number that many market experts, they did not predict the market would get here this fast. more on the federal reserve now. it will almost certainly raise interest rates this afternoon. who will benefit from that rise? and who will pay more? the big winners are savers.
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people who have money sitting in the bank. sitting in certificates of deposit. senior citizens who need the interest on their savings. plus those nearing retirement who have move a lot of money to cash. also banks can charge businesses more for take out loans that pumps up their margins. the biggest losers are perhaps home buyers. the average fixed rate mortgage in the u.s. is 4.2%. look at this for a $250,000 loan is monthly principal payment is $1,023. if rates go up the payment goes up to $1267. over the life of the loan, borrowers are paying $16,000 more. the question here, rates are likely going to rise. i want to hear what the fed says about future rate hikes and how quickly they will come. the feeling is, the u.s. company, with president-elect donald trump the u.s. economy. check out the cnn app.
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story lines, business news, stories topics you all want in one feed. download it from the app store. "early start" continues right now. donald trump thank you tour making a stop in wisconsin. praising former adversary paul ryan, and preparing for battle to defend his pick for secretary of state. the big test. titans sitting down with the president-elect with a ceo who has feuded in the past. and the battle for aleppo. waiting to evacuate many, many displaced people as activists on the ground report new shelling. it's a heartbreaking story. good morning, welcome to "early start." i'm george howell. >> nice to see you again, george. i'm christine romans. it's wednesday, december 14th. it's 5:00 a.m.

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