By Tracey's Webb
Your scoop of what we're watching today, May 2, 2014.
1. The Benghazi investigation. House Speaker John Boehner is forming a select committee to investigate the September 2012 attack in Libya that killed four Americans, including the U.S. ambassador to that country. The move comes after newly released White House e-mails that Republicans say indicates a cover-up by the Obama administration about the cause of the incident. "The administration's withholding of documents - emails showing greater White House involvement in misleading the American people - is a flagrant violation of trust and undermines the basic principles of oversight upon which our system of government is built," Boehner said in a statement. In addition, House Oversight and Government Reform Committee Chairman Darrell Issa has subpoenaed Secretary of State John Kerry to testify about the previously unreleased e-mails later this month. We'll discuss whether the new development could make Benghazi an issue in the midterms with our all-star political panel Sunday on State of the Union.
2. Crisis in Ukraine. President Obama said Russia is facing even tougher action from the West over the situation in Ukraine. "If Russia continues on its current course, we have a range of tools at our disposal, including sanctions that would target certain sectors of the Russian economy," Obama said at a joint White House press conference Friday with German Chancellor Angela Merkel. Obama also said Russia's actions in Ukraine are "making an already weak Russian economy even weaker." The U.S. and E.U. have already imposed sanctions against certain Russian officials and a Russian bank. Sen. Johnson and Rep. Engel joins us Sunday on State of the Union.
3. April jobs numbers... surprise! A much better than expected jobs report for April, as the unemployment rate dropped to 6.3%, it's lowest level since late 2008. The economy added 288,000 jobs last month, more than economist had predicted. But don't break out the champagne yet. There have been hiring surges before since 2010. "We keep waiting for the economy to kick it into higher gear, said Mark Zandi, chief economist of Moody's Analytics. "It feels like that could be happening this time. But I've felt that before and I've been wrong, so I'm hesitant to say that is going to happen now. We'll look at whether this is another false start for the economy Sunday on State of the Union.