but the midterms looming, pundits think that there could be a red wave coming and it could be a big. so let s talk about that right away with our panelist the i got a question about what could possibly happen next. senator dueling panels are back. joining me now here, back with me, where mesh pend oreille, punaro, excuse me, ashley, alisyn. the clock will talk in a second. number one, real quick, do you think that the red wave is coming? like winter is coming the red wave is it coming? what do you think? yes, i do think there is. no. what do you? thank not a tsunami, but it s trending towards republicans. well we had yes, no, maybe so. listen, if it were to happen, if it does happen, or if it doesn t, or maybe so, what about the impact of twitter now? i mean it was such a big part in terms of the ability of the former president s speak. it is a lot back on the platform, what impact will it have? look i don t think gonna have any impact on this coming electio
revealing new details about the justice department s criminal investigation into the capitol riots. i am aware of other white house officials who have been reached out to by doj and are planning to cooperate. oh, really? yes. how worried should donald trump be? first, a cnn exclusive. the biden administration s new offer to russia. they will, the u.s. will, give putin back a convicted russian and let wnba star britney briner and former marine paul whelan come home. that s the offer. welcome to the lead. i m jake tapper. we start with our money lead. more crushing economic news for the american people this afternoon. the federal reserve announced another massive interest rate hike. three-quarters of a percentage point. a move that seemed unfathomable to many has happened twice in a row. the increase translates to americans paying more money for things such as mortgage loans, car loans, student loans. today s hike, of course, was not unexpected. feigni in fact, je
and you know the democrats, not you, not you, never you and don t call me surely, i love it. and other democrats and the president biden have some pretty good news to share, but well like recent growth and gdp, for example, and falling gas prices, it s beginning. yes, but there s also bad news because they have not been able to overcome of course high in play shun or a looming recession, fears, and of course skyrocketing mortgage rates today. over 7% for the first time since 2002. i mean it s pretty unbelievable, to thinking about that number it went up i think every week since august, and then you ve got the idea of how much it takes to even have a mortgage, if you have 20% down, if you get an excellent credit rating, that already takes out a lot of people from even the running, and you combine that. it s pretty unbelievable! it s sad. it s hard, i mean it s hard for a lot of people, obviously
about how he can t afford a safe car for his family. a woman talking about not being able to afford a house because of these skyrocketing mortgage rates. what s your message to not just your constituents but all americans who are already struggling who are now going to have to deal with the consequences of another rate hike? i think your point there is really important. americans were struggling before this rate hike. they re going to be struggling after it. and we have to recognize for most americans out there who are earning $30,000, $50,000 a year, they have been living in crisis paycheck to paycheck, unable to keep up with bills for years. and so we need to address these structural unfairness in the american economy that allows it to do so well for the ceos and for the billionaires and millionaires and undermines security for american families. so this rate hike is necessary, according to the fed, in order to cool what your own reporter says is white hot, red hot