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Will have a opportunity to provide remote Public Comment. The phone number to use is 4156550001. Access code, 25973753786. When the item is called star 3 to enter the queue. Commenters have up to to 2 minutes. Speak clearly and in a quite location and turn off tv or computers around you. Thank you for your cooperation. Item 2, roll call. [roll call] we do have expect director cajina momentarily. You have a quorum. Director hinze is attending remotely. Item 3, the ringing and use of cell phone and sound producing Electronic Devices are prohebted. May ord the removal from the room for ringing or...

hello and welcome to the programme. the financial times is reporting that ubs has offered to buy credit suisse for up to $1 billion dollars, although bloomberg reports that credit suisse sees that as vastly undervaluing the bank. the swiss banking giant had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america's silicon valley bank. it had been offered an emergency credit facility of more than $50 billion dollars by switzerland's central bank, but that had not prevented a sharp fall in its share price. our business correspondent marc ashdownjoi...

the financial times is reporting that the swiss bank ubs has offered to buy its rival, credit suisse, for more than $2 billion. the swiss government is due to hold a press conference in about half an hour's time in bern. credit suisse had been caught up in the market uncertainty triggered by the collapse, nine days ago, of america's silicon valley bank. it had been offered an emergency credit facility of more than $50 billion by switzerland's central bank, but that had not prevented a sharp fall in its share price. let's get more on this with our business correspondent, marc ashdown....

despite the biden administration really trying to do what they can on inflation, another key measure of inflation shows how high it is soaring. the producer price index which measures the prices paid to producers of goods and services jumped 11.3% year over year in june. this is all after what we pay for things, showed inflation at a 40-year high. the white house says congress has to pick up some of the slack. >> some of the most significant steps we can do right now are things he needs to partner with capitol hill on. there are steps congress could take to reduce some of the big tic...

>> if you couldn't hear rachel, all she said was awe, that was cute. rachel: little kid absoluting in his fatigues. pete: yeah you can them almost spot on fatigue. we want to see the patriotic school photos and e-mail at friends@foxnews.com. good morning. summer is almost over. second to last. you have to say it because you savor that in the process. it jumps up and it's over. rachel: you like fall because you like football. pete: i like summer and i don't like summer ending like anybody else. you want to go out on top if you can go out. >> we did a kicking competition. pete: in what...