Page 174 - Caps News Today

and ease pressures, the risk is stalling the economy and opening the door to recession. and primary lesson, south carolina voters voted to impeach trump. the banner republicans were warned they vied for opponents up and down the ballot. the crackling dispute now between the january 6th committee and a republican member of congress. the republican member in question from georgia. here you see a man taking photos of stairwells and hallways, not your typical capitol tour highlights. the c...

disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that its nowhere near 2% right now, that does imply more big rate increases to come. as far as ...

years, marking the central banks most aggressive move yet to bring down the soaring costs of food and gas and almost everything else. inflation is not easy. just days ago we learned its at the highest level since 1981. the fed released a darkening forecast projecting more inflation and higher unemployment. joining me now matt egan. we heard from the fed chairman. he signalled more rate hikes. what did you learn? >> reporter: well, victor, clearly inflation is on fire. today the federal...

releasing damning new testimony from an attorney in trumps white house. in a tease of sorts for next weeks hearing watch this -- >> in our next hearing on thursday, the select committee will examine president trumps relentless effort on january 6th and in the days beforehand to pressure vice president pence to refuse to count lawful electoral votes. as a federal judge has indicated, this likely violated to federal criminal statutes. >> to. and thats heating up the comment, the committe...

future of the program remains in jeopardy for hundreds of thousands of people that call america home. well talk to one of those dreamers later this hour. >> we begin with the efforts to bring down the skyrocketing prices were paying for gas, groceries, and many other items. in a few hours from now the federal reserve is expected to announce its third interest rate hike this year. raising a key interest rate by three quarters of a percent. thats the largest increase since 1994. this com...

pence faced to refuse to count lawful electoral votes. earlier on "morning joe," january 6th committee member adam schiff previewed the hearing and the seriousness of the committees work. >> you can expect to see stuff you havent seen before interwoven with things you have, but to tell the story in, i hope, a compelling way. our democracy today is more vulnerable than it was on january 6th because the lie that brought about that violence continues to -- to proliferate around the countr...

staircases. scenes not usually photographed by typical tourists. one of the men seen the next day walking from the presidents rally. >> theres no escape, pelosi. schumer. nadler. were coming for you. were coming in like white on rice for pelosi, nadler, schumer, even you, aoc, were coming to take you out. >> there is a lot more. we will have a report from capitol hill on the latest. the federal reserve today back in the spotlight with the expected announcement of the first big intere...

class. there is either extreme rich or extreme poor and the rest of us just kinds of fall through the cracks. >> it is exactly those kinds of voters that democrats and the white house are trying to reach. we heard the president just yesterday insisting that americans should trust that he has a plan to help working families. but those families are feeling frustrated and overwhelmed. and, in fact, we saw a little of president bidens own frustration in a letter today where he lashed out a...

of "the 11th hour," stephanie rule, tom costello with us, white house correspondent carol lee and host of public radios "full disclosure." the news is in, stephanie, three quarters of a point. >> we thought originally it was going to be 50 basis point but jay powell is in a situation. we are in a serious inflationary environment. normally the fed likes inflation to be around 2% and its currently approaching 9. so 75 basis points is a big move but its still tricky because what they dont...

christina, let me start with you with nuts and bolt, where do things go from here and what were seeing in the market so far. that had been a question mark. >> i guess i should reference your song. "i saw the sign." they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. youre seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed ...