12 PM ET: Jan. 6 hearing, Trump 2024 plans, baby formula snag & more

This afternoon’s January 6 committee hearing will focus on the pressure Vice President Mike Pence faced from his former boss to overturn the 2020 election – we’ll give you a sneak peak of some testimony expected. Sources tell CNN former President Trump is closer than ever before to announcing another run for president. The baby formula plant at the center of the nationwide shortage had to shut down again – we’ll tell you why and how the US is preparing to stock shelves. Plus, mortgage rates climbed to a 30 year high and climate groups are suing the Biden administration. To learn more about how CNN protects listener privacy, visit cnn.com/privacy