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united states called the bankers on wall street. the current spike in gas prices is largely the fault of vladimir putin. republicans offer plenty of blame but not a single solution. they're not drilling. why not? you want to know why prices are so high? there are a number of reasons having to do with war in ukraine, destruction caused by the pandemic. >> bill: gas is down 50 cents over the past 30 days. every bit helps. currently sitting at 4.49 a gallon on average. still up 87% since the president took office. peter doocy starts the coverage from the north lawn. what's the explanati...

yes, that investigation goes all the way to the top. and the fed all but certain to jack up interest rates this afternoon. but how big a hike will tell us a lot about the inflation problem. as new numbers on housing and what we're buying spell more economic trouble. up first, the details that point a glaring legal spotlight at the former president donald trump. this banner headline courtesy of the "washington post," the justice department investigating trump's actions in the january of criminal probe. "new york times" adding critical detail detailing the fake elector scheme and i...

economy into a recession which is what we don't want. the gang is here. good morning. >> dana: good to be here i'm dana perino and this is "america's newsroom." all that economic news coming this week with the administration, they're swirling as well as the news. they're swirling and spinning. the central back is expected to announce a rate hike again today. it would be the fourth one in five months that will pour cold water on an economy already slowing down. >> bill: the feds trying to pull us back from the brink of record inflation as the white house tries to redefine the r word. ...

from a historic visit by the house speaker nancy pelosi prompting threats of fierce retaliation out of beijing. good morning. it is tuesday. dana has the day off today. i'm bill hemmer. welcome back, sandra. >> good morning. glad to be with you. i'm sandra smith. this is "america's newsroom." those chinese fighter jets buzzing taiwan airspace amid local reporting now the speaker could be arriving there in a matter of hours. >> bill: she would be the highest ranking u.s. official to be in that island in 25 years. china sees it as a slap in the face saying the u.s. should not support a...

infighting. >> support justice where she says on a weapons ban and the impact it could have as democrats push to take your rights away pick rex and nicole what you have? >> it is a horrific crime caught on camera for a teenager most down a mother and her infant for the radical district attorney in los angeles in sending him to camp as a punishment? i don't know about that. >> on a happier note it is day three of the queens platinum jubilee per the star-studded platinum party at the palace is currently underway. the day started with the epson derby it's a most significant uk sporting ...