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Rate to borrow money in their home country. and if governments and private companies included. that means costs will increase dramatically. >> bill: we've seen a major slowdown globally. not so much here at home but the stock market has pulled back a lot over the last 30 days or so. a tweet from yesterday. hope the people at the fed will read today's "wall street journal" editorial before they make another mistake. don't the market become more ill liquid. feel the market. >> you see what the market is doing today. it is up significantly. partly because that idea not only is it more likely that...

>> this is too losses at the end of year. the fed rate. he didn't want it to be raised. it was. not getting his border wall. must not be a happy time in the white house right now. >> that's right. the fed rate is something that's weighing on the president's mind for a while. it could do his re-election chances. they are nervous about that. this is a president who has tied his fortunes to the economy and the stock market in an unprecedented way. we have seen him on his twitter feed and reporting. really upset that the fed would raise interest rates again. they normally don't do this and they di...

As we've been reporting the federal reserve just raised interest rates by a quarter of a percentage point. this as we're just moments away from the closing bell on wall street. and right now, wow, the dow is up over 120 points. and there's no one better to break it all down nanna ali velshi. let's start with the interest rate hike. we all thought that was coming. >> very, very clearly telegraphed by janet yellen who is good at telegraphing these things. that's why it's a surprise that the market is up. typically they result in the market softening a little. evybody knew this was coming. noove ...

Credit vans currently serving in congress. name the other. >> charlie rangel. >> incorrect. no penalty though. this date has just released a specialty license plate to benefit the sons of con fed rates featuring a prom nant con fed rate flag logo. patrick? >> alabama. >> incorrect. it's georgia. that's the end of the round. kate with an impressive 1200 points. patrick, negative 1200 and john with 300. i bet on kate. >> kate, i will tell you that may be enough. i'm not sure. it may be enough to put you in the tournament of champions. our selection show is going to air next saturday. so you'll f...

Interest rates for years and years now? so they can borrow money at very low interest and they can go out and lend it to american families or go out and buy things with it and they do all that and make a big profit on the spread. so the way i see this is this is really about our examining a fundamental policy. as a country, whenever we do something like this fed rate, where you can come in and borrow at a very low rate, in effect the american taxpayer has now said we're going to make an investment in that group. i just want to know why it should only be big financial institutions. the group i'...