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FOXNEWS Special Report With Bret Baier July 7, 2024

inflation as bizarre. this as the dow takes another plunge. we have fox team coverage. susan li in new york tells us what s going on with the markets. white house correspondent peter doocy starts us off tonight. good evening, peter. peter: good evening, mike. in the president s first interview of any kind with a reporter since february and first print interview since may of last year, he says he thinks the reason that people are upset from this country right now is the pandemic and he says he does not believe a recession is inevitable. tackling inflation is my number one priority. also today he claimed that inflation isn t his part. the a.p. writes in an interview the president bristled at claims by republican lawmakers that last year s covid-19 plan was to blame for inflation reaching a 40 year high calling that argument bizarre. his treasury secretary it did contribute. that spending produced excellent rewards for americans at most it contributed modestly to i ....

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CNN CNN Newsroom With Alisyn Camerota and Victor Blackwell July 7, 2024

years, marking the central bank s 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 it s 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 reserve officially called in help for some reinforcements. taking aggressive steps to raise interest rates and fed officials are signaling that even more aggressive steps may be needed to get inflation under control. listen to what jerome powell just said. we anticipate ongoing rate increases will be appropriate. the pace of those changes will continue to depend on the incoming data and evolving out look for the economy. clearly today s 75 basis point increase is an unusually large one ....

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FOXNEWS Fox News Live July 7, 2024

horrific state of mass shootings including racist attack in buffalo, new york and massacre of 19 children and two teachers at grade school in uvalde, texas, any new legislation would need at least 60 votes to pass in the senate and simple majority in the house. associate editor of the wall street journal and fox news contributor john busse is standing for analysis but first we go to lucas tomlinson with breaking news. lucas: moments ago the white house putting out a statement from president biden saying that this is a proposal, i want to thank chris murphy especially cornyn synema, there s the word again. does not do everything that i think is needed but reflects important steps in the direction. every day passes more children are at risk to be killed from mass shootings or shootings across the country. in 2020 there were 21,000 murders and after spade of mass shootings, buffalo, uvalde, chattanooga and philadelphia. our colleague mike emanuel has put up news, gop repub ....

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FOXNEWS Fox News Live July 7, 2024

through the senate. we have fox team coverage with alexandria hoff and lucas tomlinson. reporter: the framework is significant in its own right coming to the point in agreement that has not been reached in decades. a statement from the group reads this, quote, our plan increases mental health resources, improves health safety and support for students and helps ensure dangerous criminals those who are adjudicated as mentally ill can t purchase weapons most importantly plans to save lives while protecting constitutional rights of law abiding citizens. it has billions more for mental health and school safety and expanded background checks for gun purchasers under the age of 21. the bipartisan group was led by senator chris murphy and john cornyn, ten republicans in total signed onto this agreement meaning as it s written now it has the ten needed to advance in the senatement on the senate majority leader chuck schumer added this, once the text of this agreement is finalize ....

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FOXNEWS Fox News Live July 7, 2024

this framework deal comes after a devastating string of bass shootings and country including a recent attack at a shooting in buffalo and at school shooting in texas. putting the bill on the floor as soon as possible once it is finalized. ten republicans have signed onto the framework that would be enough to reach the 60 vote rush holt needed to pass if all 50 democrat senators also support it. they are working on that. alexandria hoff has what is included and how both sides are reacting. the final bill has not yet been written. this is significant in its own right coming to a point of agreement that has not been reached in decades. the statement reads our plan increases needed mental health resources improve school safety and support for students and helps them as adjudicated mentally ill cannot purchase weapon speared saving lives while also protecting the constitutional right of law-abiding americans. it includes funding to help state implement and pass red flag ....

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