Page 37 - Matt Egan News Today : Breaking News, Live Updates & Top Stories | Vimarsana

bolduan starts right now. hello, everyone. at this hour we'll begin with breaking news, the fbi is searching president biden's home in rehoboth beach, delaware right now. this is part of the ongoing investigation into his handling of classified documents. biden's attorney put out a statement saying the search was planned in advance and that the president is cooperating. today's search now makes it the third known location that federal agents is gone through to look for classified material at the properties associated with president biden. paula reid is joining us with much more. th...

spending. and let's begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what's the decision? >> reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed's quest to get inflation back down to healthy levels. but importantly, the fed is dialing back t...

major consequences for all americans. just one hour from now the federal reserve is expected to roll out its eighth straight interest rate hike. experts, executives and the markets all hope it will be one of the smallest yet. just a few blocks away, down at the white house, president biden and house speaker kevin mccarthy will sit down for their first stare-down since mccarthy became speaker over the debt ceiling. if one doesn't blink soon, you can say goodbye to federal elt benefits and hello to a financial meltdown, all courtesy of your representatives on capitol hill. let's star...

happening now, joe biden and house speaker kevin mccarthy can just wrapped up their first high-stakes talks on raising the nation's debt limit. mccarthy telling reporters moments ago that he thinks he and the president can find some common ground. also tonight, mourning in memphis, as tyre nichols is laid to rest three weeks after he was brutally beaten by police. we'll take you inside the emotional funeral and the urgent outcry for police reform. and cnn is in the trenches with ukrainian soldiers on the eastern front, as officials in kyiv warn that russia is gearing up for maximum...

for just one second. see if he takes any questions. [ applause ] [ speaking non-english ] >> we're going to keep following president biden on this trip, but in the meantime, here at home pressure is growing for him to respond after new information revealed that classified documents were found in his private office late last year. and just in to cnn we are learning more about what is in those documents and also about what the attorney merrick garland is doing about them and how lawmakers in both parties are reacting today. president biden has not responded to questions on the issue tw...