NEWS. >> ABC NEWS. AMERICA'S NUMBER ONE NEWS SOURCE. HELLO EVERYONE I AM TERRY MORAN HERE ARE SOME OF THE TOP HEADLINES OF THE DAY TO AMERICANS WHO ARE BEING HELD BY RUSSIAN-BACKED FORCES IN UKRAINE HAVE NOW BEEN RELEASED FOLLOWING AN INTERVENTION FROM THE SAUDI CROWN PRINCE MUHAMMAD BIN SALMAN, THAT IS ACCORDING TO THE MUHAMMAD FOREIGN MINISTRY. THE AMERICANS OF BOTH MILITARY VETERANS FROM ALABAMA, THEY WERE REPORTED MISSING IN UKRAINE IN JUNE AFTER VOLUNTEERING TO HELP IN THE FIGHT AGAINST THE RUSSIANS. THE MEN'S FAMILY SAY THEY ARE CURRENTLY IN THE CUSTODY OF THE U.S. EMBASSY IN SAUDI ARABIA. FORMER MINNEAPOLIS POLICE OFFICER, THOMAS LANE, WHO PLEADED GUILTY TO AIDING AND ABETTING SECONDARY MANSLAUGHTER IN THE KILLING OF GEORGE FLOYD WAS SENTENCED TO THREE YEARS IN PRISON TODAY. LANE IS ALREADY SERVING TWO AND A HALF YEARS ON FEDERAL CHARGES FOR VIOLATING GEORGE FLOYD'S CIVIL RIGHTS. PROTESTS ARE INTENSIFYING IN IRAN AFTER A WOMAN WAS KILLED BY THE NATIONS MORALITY POLICE FOR NOT PROPERLY WEARING IN ATLANTIC HEAD SCARF, KNOWN AS A HIJAB. IRANIAN WOMEN ARE WAVING IN BURNING THEIR HIJABS IN PROTES, SOME EVEN CUTTING THEIR HAIR IN PUBLIC. THE U.S. CALLED ON IRAN TO END ITS QUOTE SYSTEMIC PERSECUTION OF WOMEN. >> WE BEGIN WITH BREAKING NEWS THAT INTEREST RATE HIKE FROM THE FEDERAL RESERVE, IT IS THE THIRD TIME THIS SUMMER THE FED HAS RAISED ITS RATE BY SAID THE MOVE -- WHILE, LET'S LISTEN IN. >> THE U.S. ECONOMY HAS SLOWED FROM THE HISTORICALLY HIGH GROWTH RELATIVE TO 21 WHICH REFLECTED THE REOPENING OF THE ECONOMY FOLLOWING THE PANDEMIC RECESSION. RECENT INDICATORS POINT TO MODEST INDICATORS OF GROWTH AND PRODUCTION. GROWTH AND CONSUMER SPENDING HAVE SLOWED FROM LAST YEAR'S RAPID PACE RESPECTING LESS DISPOSABLE INCOME AND TIGHTER ECONOMIC CONDITIONS. >> FOR MORE ON THIS LET'S BRING IN ABC NEWS BUSINESS REPORTER, ALEXIS XTOPHER. ALEXIS YOU ARE A VETERAN IN LISTENING TO THE FED CHAIRS TALK ABOUT INTEREST RATES. AS THEY GO, JEROME POWELL SPEAKS CLOSER TO ENGLISH. STILL, DECIPHER OR TRANSLATE WHAT HE SAID THERE. WHAT IS HE TALKING ABOUT? >> WE LIKE TO CALL IT SAID SPEAK. HE HAS BEEN TRYING TO BE AS CLEAR IN TRANSPARENT AS POSSIBLE. WHAT THE FED SAID EARLIER, THE CHIEF POWELL SAID HE WOULD KEEP OUT UNTIL THE JOB IS DONE. PLAIN ENGLISH THERE. THAT THREE QUARTER PERCENT RISE TODAY THE THIRD OF THE MAGNITUDE IN A ROW YOU CAN EXPECT MORE OF IT IN FACT THE FED NOW PROJECTING THAT RATE COULD RISE BY ANOTHER ONE AND A QUARTER PERCENT BY DECEMBER. NEARLY ALL CENTRAL BANK OFFICIALS PROJECTING SOMEWHAT HIGHER RATES WILL BE WARRANTED INTO NEXT YEAR, AS WELL. FED CHAIR POWELL BROUGHT UP THE LABOR MARKET QUITE A LOT TODAY. TALKING ABOUT HOW STRONG IT IS. WE NEED TO FIND A BETTER BALANCE BETWEEN SUPPLY AND DEMAND IN WHAT HAS BEEN A VERY TIGHT LABOR MARKET. TO THAT END, POWELL SAYING WE COULD INDEED SEE THE UNEMPLOYMENT RATE RISE TO 4.4% NEXT YEAR. IT IS NOW AT 3.7%. ON YOUR GREEN RIGHT NOW YOU ARE JUST LOOKING AT SOME OF THE WAYS THESE RISING INTEREST RATES ARE GOING TO AFFECT ALL OF US. HIGHER RATES ON CREDIT CARDS IF YOU CARRY A BALANCE. MORTGAGE RATES, ALL THE LOANS, WE KNOW THESE HAVE DOUBLED SINCE THE BEGINNING OF THE YEAR. PUTTING HOMEOWNERSHIP OUT OF THE REALM OF REALITY FOR MANY AMERICANS. >> ALL OF THIS BECAUSE THE FED IS RAISING RATES TO GET ON TOP OF INFLATION. I REMEMBER WHEN JEROME POWELL AND OTHERS SAID THAT INFLATION IS RELATED TO THE PANDEMIC AND WOULD BE TRANSITORY, A FEW MONTHS. IT LOOKS LIKE THEY WERE WRONG. SO, WHAT IS THE FORECAST NOW? HOW LONG ARE WE GOING TO HAVE TO PUT UP WITH THIS INFLATION? >> DEFINITELY NOT TRANSITORY. IT LOOKS LIKE THIS INFLATION IS GOING TO STICK AROUND. EVEN THOUGH GAS PRICES ARE DOWN ABOUT 11% FROM WHERE THEY ARE IN JUNE. THAT REALLY HAS NOT HELPED THE OVERALL INFLATION PICTURE. WE ARE STILL AT 3.8% OTHER PRICES REMAIN STUBBORNLY HIGH FOR PRICES LIKE RENT AND FOOD. THERE WAS RENT ABOUT THESE HIGHER INTEREST RATES PUSHING THE ECONOMY INTO A RECESSION. FOR A LONG TIME FED CHIEF POWELL SAID WE MIGHT BE ABLE TO ACHIEVE THAT, QUOTE UNQUOTE, SOFT LANDING. TODAY IT SOUNDS LIKE HE'S A LITTLE LESS OPTIMISTIC. I'M GOING TO QUOTE POWELL SAYING THE CHANCES OF A SOFT LANDING ARE LIKELY TO DIMINISH A POLICY NEEDS TO BE MORE RESTRICTIVE OR FOR LONGER. >> WHAT THAT MEANS IS THERE IS LIKELY, IN THE VIEW OF THE FED CHAIR, TO BE A RECESSION. THAT SEEMS LIKE A HIGH PRICE TO PAY. I GUESS THE THINKING IS THAT IS THE ONLY WAY TO GO. THAT SOFT LANDING, WALKING THE TIGHTROPE BETWEEN COOLING INFLATION AND NOT TANKING THE ECONOMY CANNOT BE DONE. WE ARE LOOKING AT NEGATIVE GROWTH. THAT IS PAINFUL FOR A LOT OF PEOPLE. >> HE EVEN USED THOSE WORDS AT THE LAST MEETING, THE LAST FED MEETING. AMERICAN CONSUMERS AND BUSINESSES SHOULD BRACE THEMSELVES FOR PAIN MOVING FORWARD. YOU KNOW, IT IS SORT OF A DOUBLE EDGED SWORD. THE FED HAS TO DECIDE ARE WE GOING TO KEEP INFLATION AT THESE HIGH LEVELS, WHICH IS ALSO CAUSING A LOT OF PAIN, OR ARE WE GOING TO SAY WE WILL DO WHAT IT TAKES TO PUSH THE ECONOMY INTO A RECESSION, HOPING IT IS A MILD AND SHORT LIVED ONE TO AT LEAST GET THOSE PRICES DOWN. IT IS NOT A GOOD DECISION, EITHER WAY. >> WHAT IS THE FEDS OUTLOOK NOW FOR THE ECONOMY? ARE THEY PREDICTING A RECESSIO? IS THAT A 2023 FORECAST? >> THEY ARE NOT COMING OUT AND PREDICTING A RECESSION BUT IT LOOKS LIKE THE FED IS COMFORTABLE, WE WILL CALL IT, WITH THE ECONOMY SLIPPING INTO A MILD RECESSION. MOST CENTRAL BANKERS SEE A NEED FOR HIGHER INTEREST RATES THROUGH THE END OF NEXT YEAR. THERE WAS SOME HOPE THAT PERHAPS THE FED WOULD REVERSE COURSE START CUTTING RATES BY THE END OF NEXT SUMMER. SOME ECONOMISTS I SPOKE WITH RIGHT AFTER THIS DECISION CAME DOWN TODAY WERE SAYING YOU COULD SEE INTEREST RATES REMAIN HIGH THROUGH 2024. >> WOW. THE HIGH COST OF BRINGING DOWN INFLATION. ALEXIS CRIST OFFERS, AS ALWAYS, THANK YOU. HURRICANE FIONA IS ON THE MOVE AFTER HAMMERING PUERTO RICO. THE DOMINION CAN REPUBLIC, AND TURKS AND CAICOS. THAT STORM HAS NOW STRENGTHENED TO A POWERFUL CATEGORY FOUR HURRICANE IT KILLED AT LEAST FOUR PEOPLE WHITE CARVING A PATH OF DISCUSSING THROUGH THE CARIBBEAN MUCH OF THAT DESTRUCTION IN PUERTO RICO FOR MORE ON HOW THE ISLAND IS HOLDING UP LET'S BRING IN JENNIFER GONZALEZ PUERTO RICO IS JENNIFER GONZALEZ, PUERTO RICAN SOLE REPRESENTATIVE IN THE UNITED STATES CONGRESS. THANK YOU SO MUCH FOR BEING WITH US, REPRESENTATIVE GONZALEZ. TELL US WHAT IS GOING ON ON THE ISLAND NOW AND WHAT THE PEOPLE NEED AFTER YET ANOTHER STORM THESE PEOPLE HAVE BEEN THROUGH. >> I THINK THE MOST IMPORTANT THING RIGHT NOW IS 80% OF THE ISLAND IS STILL WITHOUT POWER. THAT CREATES A REAL EMERGENCY. YOU CANNOT PUMP WATER IN MANY OF THE COMMUNITIES. AT LEAST HALF OF THE POPULATION ARE WITHOUT WATER AS WELL BECAUSE OF THE LACK OF POWER. THE SOIL AND THE TERRAIN IS SO SATURATED BY WATER THAT MANY ROADS HAVE COLLAPSED, EVEN TODAY. THERE ARE VIDEOS OF RIVERS WASHED AWAY BY THE FORCE OF THE WATER. I UNDERSTAND TODAY THEY FOUND ANOTHER PERSON THAT PASSED AWAY. THEIR CAR WAS JUST WASHED AWAY BY THE RIVER. THEY FOUND IT TODAY WITH PEOPLE INSIDE. PEOPLE OF THE ISLAND ARE REALLY DESPERATE TO KNOW WHEN THE POWER GRID IS GOING TO BE RESTORED. THAT SHOULD BE OUR MAIN PRIORITY. WE ARE WAITING FOR THE WHITE HOUSE AND THE PRESIDENT FOR IN OFFICIAL DECLARATION OF EMERGENCY. THE GOVERNOR OF PUERTO RICO SUBMITTED AND REQUESTED THAT YESTERDAY. WE KNOW IT TAKES TIME FOR THAT APPROVAL. IT WILL ALLOW FEMA TO ACTUALLY OPEN THE DOOR FOR FEDERAL ASSISTANCE AND GOVERNMENT ASSISTANCE FOR PEOPLE WHO LOST THEIR HOUSES. AND MANY THOUSAND PEOPLE ARE STILL IN SHELTERS. MANY HAVE LOST THEIR HOUSES. >> THIS COMES FIVE YEARS AFTER HURRICANE MARIA HIT PUERTO RIC, OF COURSE THAT DEVASTATING STORM. THIS ONE OBVIOUSLY NOT AS BAD BUT PEOPLE ARE STILL RECOVERING IN THE ISLANDS, STILL COMING BACK FROM MARIA. HOW IS THE INFRASTRUCTURE HOLDING UP FROM FIONA? >> I UNDERSTAND THAT THE MENTAL HEALTH, THE FATIGUE, REMEMBERING ALL THOSE THINGS THAT HAPPENED AFTER HURRICANE MARIA. PEOPLE WERE ALMOST NINE MONTHS WITHOUT POWER IT IS SOMETHING THAT IS STILL ON THE MINDS OF PUERTO RICANS AS WE SPEAK. RIGHT NOW, THE MAIN ISSUES AS I SAID ARE POWER FOR HOSPITALS, THEY ARE FUNCTIONING WITH GENERATORS, SOME OF THEM IN THE METROPOLITAN AREA THEY JUST GOT THEIR POWER BACK. AGAIN ROADS ARE VERY SEPARATED. SOME OF THEM HAVE COLLAPSED. THERE ARE A LOT OF MUDSLIDES ACROSS THE ISLAND AS WELL. THIS HURRICANE WAS A LITTLE DISTANT FROM MARIA WHERE THE WHOLE ISLAND WAS IMPACTED. THIS HURRICANE FIONA, WHICH WAS A CATEGORY ONE. IT MADE LANDFALL, ON THE SOUTHWESTERN PART OF THE ISLAN. >> AFTER MARIA, AS I'M SURE YOU REMEMBER THE STRUGGLE IN THE SUFFERING OF THE PEOPLE OF PUERTO RICO IT BECAME A POLITICAL FOOTBALL. THE WHITE HOUSE, UNDER THAN PRESIDENT TRUMP COMPLAINED ABOUT ASSISTING PUERTO RICO. THERE IS A REPORT OUT OF THE PRESIDENT WANTED TO TRADE PUERTO RICO FOR GREENLAND, IF THAT IS TO BE BELIEVED. I WONDER ABOUT THE RESPONSE THIS TIME. HOW PUERTO RICO IS RESPONDING. >> LAST TIME PRESIDENT VICE PRESIDENT IN CABINET MEMBERS -- PUSHING FOR CONGRESS IN THE PRESIDENT IMPROVE ABANDONS OF DOLLARS OF FUNDING FOR THE ISLAND. EVEN THE GENERAL ACCOUNTING OFFICE IDENTIFIED A FEMALE WITH NOT PREPARED TO HANDLE A DISASTER LIKE HURRICANE MARIA AT THE TIME. THERE ARE MANY REPORTS THAT SAY THAT. I THINK THE LESSONS HAVE BEEN LEARNED. FEMA IS ON THE GROUND, BOOTS ON THE GROUND THEY ARE STILL WAITING FOR THE OFFICIAL DECLARATION OF EMERGENCY FROM THE PRESIDENT TO ACTUALLY BEGIN THE PROCESS OF ASSESSING THE DAMAGES. WE ARE STILL FACING A LOT OF DAMAGE FROM HURRICANE MARIA. OUR POWER GRID IS NOT ROBUST. ACTUALLY WE WERE HAVING OUTAGES BEFORE THE HURRICANE AT LEAST EVERY WEEK. WE APPROVED 11.5 BILLION DOLLARS JUST FOR THE ELECTRICAL GRID ON THE ISLAND DARA KAINE HURRICANE MARIA, THE MONEY HAS NOT BEEN USED YET. WE EXPECT MANY OF THE PROJECTS AND PUBLIC ASSISTANCE THAT WAS APPROVED, IT IS SUPPOSED TO BEGIN EARLY NEXT YEAR. >> MAY I FOLLOW UP ON IT? ONE OF THE OTHER THINGS I WAS FOUND WANTING WAS THE RESPONSE OF PUERTO RICAN AUTHORITIES ON THE GROUND. THE INFRASTRUCTURE HAD BEEN LET GO TO SUCH A DEGREE THAT THE ISLAND WAS SO MUCH MORE VULNERABLE TO MARIA. HOW ARE THE AUTHORITIES RESPONDING THIS TIME? HOW DO YOU THINK THE AUTHORITIES IN PUERTO RICO ARE DEALING WITH THIS CRISIS? I THINK IT IS COMPLETELY DIFFERENT MANAGEMENT OF THE CRISIS. THE GOVERNOR HAS BEEN VERY ACTIVE. AGAIN THE LESSONS HAVE BEEN LEARNED AFTER HURRICANE MARIA. ALL OF THE AGENCIES HAVE ACTUALLY WORKED AS A TEAM TO MAKE THINGS HAPPEN. THE ARMY CORPS OF ENGINEERS, ISLANDS BOOTS ON THE GRIND AS WELL AS THE COAST GUARD AND MANY OF THE FEDERAL AGENCIES. I WILL SAY MARIA WAS A COMPLETELY DIFFERENT STORY, NO POWER NO WATER NO TELECOMS AT ALL. IT WAS A STATE OF WAR. THIS WAS A CATEGORY FIVE. THIS IS CATEGORY ONE. A LOT OF IMPACT ON RIVERS AND FLOODING MANY LIVES WERE LOST DURING MARIA. THIS ONE WE'VE HAD PEOPLE THAT PASSED AWAY BUT STILL NEVER THE NUMBERS OF HURRICANE MARIA. I UNDERSTAND IT HAS BEEN JUST THREE OR FOUR DAYS AFTER THE HURRICANE. I THINK THE HARD GOVERNOR IS DOING A GREAT JOB. WE ARE WORKING AS A TEAM. PEOPLE JUST NEED THAT TEAM EFFORT AS WE SPEAK. >> ABSOLUTELY. WE HOPE THEY GET. IT REPRESENTATIVE JENNIFER GONZALEZ, THANK YOU VERY MUCH FOR BEING WITH US. GOOD LUCK TO YOU AND FOR ALL OF OUR FELLOW AMERICANS IN PUERTO RICO. THANK YOU VERY MUCH. WELL, COMING UP. NEW YORK ATTORNEY, LETITIA JAMES HAS SUED DONALD TRUMP AND THREE OF HIS ADULT CHILDREN ASKING FOR A QUARTER OF A BILLION DOLLARS FROM HIM FOR WHAT SHE CALLS, QUOTE, PERSISTENT AND REPEATED FRAUD OF THE TRUMP ORGANIZATION. WE WILL HAVE THE WELCOME BACK. WE HAVE SOME NEWS OUT OF NEW YORK TODAY. STATE ATTORNEY GENERAL LETITIA JAMES ANNOUNCED A 250 MILLION DOLLAR CIVIL LAWSUIT AGAINST FORMER PRESIDENT DONALD TRUMP, THREE OF HIS ADULT CHILDREN, AND THE FAMILY BUSINESS. THE LAWSUIT ACCUSES THE TRUMP FAMILY OF QUOTE, GROSSLY INFLATING THE FORMER PRESIDENT'S NET WORTH BY BILLIONS OF DOLLARS, CHEATING LENDERS AND SUBMITTING MISLEADING FINANCIAL STATEMENTS. WE BRING IN CBC NEWS VETERAN NO REPORTER DIANE KATERSKY -- ARE ANTICIPATED REPORTER CAST FALLER. AS WELL AS JEFF ROBERTSON FORMER CHIEF SENATE SUBCOMMITTEE ON INVESTIGATIONS. AARON, LET'S START WITH YOU. AARON IT BEGAN THREE YEARS AGO AFTER TRUMP'S FORMER LOYAL, MICHAEL COHEN, TESTIFIED THE TRUMP'S FINANCIAL STATEMENTS INFLATED THE VALUE OF HIS FINANCIAL ASSETS. NOW WE ARE HEARING FROM MICHAEL COHEN ONCE AGAIN NOW THAT THE COMPLAINT HAS BEEN LAUNCHED. >> WELL, HE TOOK TO TWITTER TO THANK THE ATTORNEY GENERAL FOR ACKNOWLEDGING WHAT HE BROUGHT TO THE TABLE BACK IN 2019 AS HE SOUGHT FORGIVENESS FOR THE SINCE HE SAID HE COMMITTED ON BEHALF OF FORMER PRESIDENT TRUMP. EVEN THOUGH WE KNEW ACCORDING TO COHEN THAT TRUMP HAD ALLEGEDLY MESSED WITH ASSET EVALUATION THIS 200 PLUS-PAGE COMPLAINT GOES WELL BEYOND ANYTHING WE HEARD. TALK ABOUT THE TWO HOMES OF FORMER PRESIDENT TRUMP, TERRY. HIS APARTMENT IN TRUMP TOWER ON FIFTH AVENUE HERE. HE VOWED IT AT MORE THAN $300 MILLION. EVALUATION THAT IS CALLED ABSURD. THERE HAS NEVER BEEN AN APARTMENT THAT'S OVER THAT MUCH. ACCORDING TO HER LAWSUIT, HE TRIPLED THE ACTUAL SQUARE FOOTAGE TO REACH THAT EVALUATION. HIS CURRENT HOME, MAR-A-LAGO THE FLORIDA COUNTRY CLUB AT PALM BEACH HE VALUED AT TEN TIMES WHAT THE ATTORNEY GENERAL SAID IT IS ACTUALLY WORTH. THE DEVELOPMENT POTENTIAL, TRUMP CITED IN THAT VALUATION DOES NOT EXIST. >> AT SOME POINT THOSE NUMBERS ARE DIFFICULT TO ASCERTAIN. THE SCALE OF WHAT THE ATTORNEY GENERAL'S ALLEGING HERE IS PRETTY IMPRESSIVE AS YOU JUST POINTED OUT. CATHERINE, ALL OF THIS COMES AS THE TRUMP ORGANIZATION'S CHIEF FINANCIAL OFFICER, ALLEN WEISSELBERG, IS SET TO TESTIFY AGAINST THE COMPANY AFTER HE PLED GUILTY IN A SEPARATE CRIMINAL INVESTIGATION TO TAX CHARGES. IS IT POSSIBLE THAT THE CIVIL OR CRIMINAL INVESTIGATIONS IMPACT EACH OTHER? COME TOGETHER IN SOME POINT? >> IT IS UNLIKELY TO IMPACT EACH OTHER. OF COURSE JAMES IS ACCUSING WEISSELBERG OF HELPING FACILITATE TRUMP INFLATING HIS ASSETS. FOR EXAMPLE BUT LOOK, ALL OF THESE ARE HAPPENING ON WHAT. WHETHER IT IS BROUGHT BY AG, THE MANHATTAN CRIMINAL -- THE MAR-A-LAGO INVESTIGATION. ALL OF THIS PILING UP THEIR PARALLELING ONE ANOTHER. TRUMP IS TRYING TO USE ALL OF THIS, TERRY, TO HIS ADVANTAGE POLITICALLY. I AM TOLD IF YOU LOOK AT ALL OF THESE INVESTIGATIONS HE HAS BEEN TALKING ABOUT, WORRYING ABOUT YOU COULD SAY, THE ONES THAT ARE SPECIFICALLY IN NEW YORK. HE IS THE MOST FOCUSED ON THOSE. HE HAS PUBLICLY DENIED ANY WRONGDOING. HE IS LOOKING TO CAPITALIZE AS, POLITICALLY. HIS STATEMENT BY CALLING THIS A WITCH HUNT, FOR EXAMPLE. HE IS HOPING THAT HIS ALLIES, WHETHER THEY BE ON CAPITOL HILL OR THOSE CLOSEST TO HIM TAKING TO THE AIRWAVES WILL REPEAT THESE CLAIMS AS WELL. THE REALITY IS THIS IS ALL HAPPENING AT WANT. THEY ARE UNLIKELY TO CROSS OVER OR IMPACT EACH OTHER IN ANY WA, AT THIS POINT. >> HE HAS A LOT OF LEGAL ISSUES ON HIS PLAY. JEFF, LISTENING TO AARON'S DESCRIPTION OF WHAT THE ATTORNEY GENERAL'S ALLEGING WITH SOME OF THESE INFLATED ASSETS, IT REMINDS ME A LITTLE OF THE CONVERSATIONS SUPPOSEDLY BETWEEN ESCAPADES SAILED AND ERNEST HEMINGWAY WHERE HEMINGWAY SAYS THE RICH ARE DIFFERENT FROM YOU AND ME, SCOTT. FITZGERALD SAID, YEAH THEY HAVE A LOT MORE MONEY. I WONDER IF THAT IS THE CASE. AT SOME POINT, IS THIS RELATIVELY COMMON? I GUESS PHONE I'M ASKING YOU TO DO IS, DISTINGUISH WHAT MIGHT BE THE USUAL SHENANIGANS OF THE MONEY WITH THE VERY VERY WEALTHY FROM WHAT THE ATTORNEY GENERAL HAS CLAIMED AS VIOLATIONS. >> TERRY, ANYBODY CAN OVERSTATE THE VALUE OF THEIR APARTMENT BY $200 MILLION AND THE SIZE OF IT BY 20,000 SQUARE FEET. YEAH, THAT CAN HAPPEN TO ANYONE. IT IS NOT, TO PUT MATTERS MILDLY, A PARTICULAR THE JURY FRIENDLY CASE THAT TRUMP AND FAMILY HAVE HERE. SAYING THAT BASICALLY EVERYBOD, THIS SORT OF WEALTH DOES THIS SORT OF THING, YOU CAN THINK OF BETTER DEFENSES. THE META DEFENSE WOULD BE, I DIDN'T DO IT. THAT, HOWEVER, DOES NOT SEEM TO BE WHAT HAS GONE ON HERE. IT IS TRUE THE HEAD SPINNING THE NUMBER OF CRIMES FOR WHICH THIS FAMILY AND THE FORMER PRESIDENT IN PARTICULAR, ARE BEING INVESTIGATED. EVERYTHING, PRETTY MUCH, BEYOND VEHICULAR HOMICIDE. BUT HEY, IT IS ONLY WEDNESDAY AFTERNOON. HE IS FACING A PRETTY DIFFICULT SITUATION HERE. IT'S OVER 200-PAGE COMPLAINT. IT IS VERY DETAILED. THERE IS A WHOLE LOT OF INFLATION THAT IS BEING ALLEGED HERE. OVER 200 SEPARATE FRAUDULENT STATEMENTS. >> THAT IS ASTONISHING. THANK YOU VERY MUCH FOR DISTINGUISHING THAT FOR ME AND FOR US. JEFF ROBINS, CATHERINE FOLDER. ERIC TURKEY. THANKS FOR YOUR REPORTING TODAY. COMING UP, PRESIDENT BIDEN IS ISSUING A BLISTERING SPEECH AT THE UNITED NATIONS TODAY, SLAMMING RUSSIA OVER THE WAR IN UKRAINE. HIS MESSAGE TO VLADIMIR PUTIN RIGHT AFTER THE BREAK. WELCOME BACK, PRESIDENT BIDEN ISSUED A HARSH CONDEMNATION AND RUSSIAN PRESIDENT VLADIMIR PUTIN IN A DRAMATIC ADDRESSED TO THE UNITED NATIONS GENERAL ASSEMBLY TODAY, ACCUSING PUTIN OF MAKING, QUOTE, OVER NUCLEAR THREATS, VIOLATING THE CORE TENETS OF THE UN CHARTER AND SEEKING TO WIPE UKRAINE OFF THE MAP. >> THIS WAR IS ABOUT EXTINGUISHING UKRAINE'S RIGHT AS A STATE, PLAIN AND SIMPLE. AND UKRAINE'S RIGHT TO EXIST AS A PEOPLE. WHOEVER YOU ARE, WHEREVER YOU LIVE, WHATEVER YOU BELIEVE, THAT SHOULD MAKE YOUR BLOOD RUN COLD. >> ALL OF THIS COMES JUST HOURS AFTER VLADIMIR PUTIN, IN A RARE ADDRESS TO THE RUSSIAN PEOPLE, ANNOUNCED HE WAS ORDERING A PARTIAL MOBILIZATION OF MILITARY RESERVISTS TO HELP FIGHT IN UKRAINE. DRAFTING YOUNG MAN, AND NOT SO YOUNG MAN. SUGGESTING THAT HE IS ALSO WILLING TO USE NUCLEAR WEAPONS TO DEFEND RUSSIA. ABC NEWS WHITE HOUSE CORRESPONDENT MARY ALICE PARKER JOINS US NOW. MARY ALICE THIS IS REALLY THE MAJOR FOREIGN CRY SUSS OF THE BIDEN PRESIDENCY. HE HAS BEEN INFORMED FROM THE START TO TRY TO GET A SOLID FRONT OF NATO ALLIES AND OTHERS TOGETHER AGAINST RUSSIA, SUPPLYING UKRAINE AMONGST OTHER THINGS. HOW DID THE PRESIDENT ADVANCE HIS GOALS TODAY? HOW DO YOU THINK HE WAS RECEIVED ON THIS CRITICAL ISSUES. >> I THINK A LOT OF WHAT WAS DESIGNED WAS THE GLOBAL COMMUNITY STAYING UNITED IN REBUKING RUSSIA AND STANDING TOGETHER AND DENOUNCING WHAT RUSSIA HAS BEEN DOING. OF COURSE THERE HAVE BEEN SOME KEY OUTLIERS. CHINA, INDIA, ONLY RECENTLY WILLING TO TALK PUBLICLY ABOUT HOW THEY THINK RUSSIA NEEDS TO STOP. HOW THIS WAR IS NOT GOING WELL. BASICALLY HOW IT IS NOT APPROPRIATE. THEY HAVE ONLY STARTED TO PUBLICLY CRITICIZE RUSSIA. A BIG PART OF THE PRESIDENTS REMARKS TODAY WERE TO TRY TO CONTINUE TO GET A UNIFIED RESPONSE EVEN FROM THOSE OTHER POWERS THAT RUSSIA WAS SOMETHING THEY HAD IN THEIR CORNER. THE UNITED STATES REALLY WANT ALL COUNTRIES TO BE STANDING TOGETHER SPEAKING WITH ONE LOUD VOICE AGAINST RUSSIA ON THIS. >> THAT IS A GREAT POINT. SOME OF THOSE COUNTRIES THAT HAVE TO ADD WITH RUSSIA OR AT LEAST NOT CRITICIZE RUSSIA, INDIA TURKEY SOME OTHERS, THEY ARE NOW MAKING COMMENTS THAT SUGGEST THEY ARE NOT SUPPORTING PUTIN AT ALL. I WANT TO ASK ABOUT RUSSIA. WHERE IS PUTIN? >> NOT AT THE UN, OBVIOUSLY. >> A BIG PART OF THE CONVERSATION TODAY WAS WHETHER OR NOT RUSSIA SHOULD HAVE ANY POSITION AT THE UN PRESIDENT BIDEN DID NOT WEIGH IN ONE WAY OR THE OTHER SO EXPLICITLY BUT HE DID USE SUCH DRAMATIC LANGUAGE. SAYING THAT RUSSIA IN EVERY WAY HAS VIOLATED THE CORE TENETS OF THE UN CHARTER PRESIDENT BIDEN DID USE HIS SPEECH TO CALL FOR REFORMS TO THE SECURITY COUNCIL. WE KNOW THAT BEHIND THE SCENES THERE HAS BEEN GROWING PRESSURE ON LEADERSHIP AT THE UN TO SERIOUSLY LOOK AT POTENTIAL REFORMS BECAUSE THERE IS JUST SO MUCH FRUSTRATION THAT THE UN COULD NOT LIVE UP TO ITS MISSION WITH SUCH A KEY POWER PLAYER, SUCH A KEY VETO LIKE RUSSIA AT THE TABLE. >> THAT WOULD BE A TOUGH JOB TO ACCOMPLISH THAT THE UN. VERY QUICKLY, ANYTHING ELSE THE PRESIDENT SAID TO THE WORLD COMMUNITY TODAY OF NO? >> A FEW THINGS WERE INTERESTING TO ME. FIRST, HE DID VERY DIRECTLY TALK ABOUT CHINA. HE SAID THAT HE IS NOT ASKING WORLD LEADERS, AND THE WORLD LEADERS TO CHOOSE BETWEEN SUPPORT IN THE UNITED STATES AND SUPPORTING CHINA. THE UNITED STATES WAS NOT GOING TO BACK DOWN IN SUPPORTING DEMOCRATIC REFORMS IN -- THE DEMOCRATIC PRESIDENCIES AROUND THE COUNTRY. HE TALKED, OF COURSE, ABOUT GLOBAL HUNGER IN CLIMATE CHANGE. HE SAID IT WAS KEY THAT LEADERS CONTINUE TO WORK TO FIGHT HUNGER, HE SAID IT WAS A PRODUCT OF CLIMATE CHANGE IN A PRODUCT OF WAR. >> MARY ALICE PARKS, THANKS VERY MUCH. I'M TERRY MORAN, THANKS FOR JOINING US. THE NEWS CONTINUES AFTER THIS.