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8.6%. americans, you, we, are feeling this nearly everywhere, nearly everything is more expensive, including the cost of gas which remains at historic highs. >> the biden administration taking new steps to lower those gas prices. this morning presidentiesident calling on energy companies to do more. also this morning, the january 6th committee is teasing ahead to its next hearing, tomorrow, they released a portion of a taped deposition with a former white house lawyer. now the committee is saying that thursday's hearing will focus on president trump's effort to pressure then vice p...

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 it's nowhere near 2% right now, that does imply more big rate increases to come. as far as why this is happening, i think it's important to think about the economy as almost like a car on a ...

everything he can to bring prices down. white house correspondent peter doocy joins us from the north lawn. good evening, peter. >> good evening, bret. when the president gave the rousing speech about the economy today he never mentioned the federal reserve is expected to raise interest rates tomorrow. instead, he was looking backwards and talking about all the times that there were long lines of cars waiting to get boxes of food during covid lockdowns as he tried to make the point it could be worse. >> under my plan for the economy we made extraordinary progress. >> so dismal econom...

>> i'm jake tapper. aides say this second hearing will drill down on evidence that president trump knew he lost the election but spread false claims of fraud anyway, ignoring court rulings, ignoring the will of the american people. lead-off witness, bill stepien, who has firsthand knowledge about what trump knew about the election numbers. stepien tells cnn he is appearing under subpoena. also testifying today, former fox digital content director chris stirewalt. he was fired after his accurate call of arizona for joe biden. we'll hear directly from republicans who investigated and r...

now it's an improper purpose based on what we heard from hershman saying the only thing i want to hear from you is orderly transition. if you don't do that, you're improperly there. you have a case, but there's still work to be done. cheney talked about the eastman memo, the notion of who was in the house? who was in the room where it happened to say this is what we're going to do. the conjuring moment of figuring out what to do next. i think that might be the piece that is most lacking, but this was a phenomenal stride toward supporting each of the elements. >> right. and the big li...