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presidential podium to make them. but first, there s another norfolk southern train derailment to tell you about, this one also in ohio prompting local officials to order people living close to the crash to shelter many place. this comes, of course, just one month after a train carrying ox thetic chemicals derailed in east palestine, ohio, about 180 miles away from yesterday s incident. more questions about the safety of the railroads and what the government can do about it. hello, everyone. welcome to a brand new hour of fox news live. i m eric shawn. hi, arthel. arthel: hi, eric. hello, everyone, i m arthel neville. norfolk southern saying no hazardous material was onboard any of the more than 20 cars that ran off the tracks yesterday, but this incident along with the east palestine derailment is causing lawmakers to question safety measures. railroads continue to enrich their executives at the expense of public safety and public health and lay off workers and c ....
after speaker of the house kevin mccarthy over the fringe bill that may not even come up for a vote. president biden: they introduced another vote. raising taxes on working class people taxing groceries, gasoline, clothing, supplies, medicine. even big ticket items like rent and cars. 30% sales tax on all those issues. speaker of the house says he is not sure he is for it now. blessed father free of sin. harris: wow, okay. speaking of not being able to get along. that would be a sign of it there saying things like that the president oddly was digging in over the debt limit. even though you saw on this program yesterday senator rick scott of florida and others now chiming in we re ready to negotiate with the president. the president is not interested in negotiation. president biden: the very notion that we would default on the safest, most respected debt in the world is mind-boggling. i will not let anyone use the full faith and credit of the united states as a bar ....
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 start with cnn s matt egan over at the fed. matt, is today the day that jerome powell starts to pump the brakes on these interest rate hikes? it certainly looks that way. it would be a big surprise if that didn t happen. fed officials have been dropping hints, strong hints for weeks now that they do plan to dial back this war on inflation today. the thinking is that the fed goes from a 50 basi ....
either. norland, they nevet joe biden, karine jean-pierre, not ron klain. nobody either. told us . they also failed to mention that top secret documents are, in fact, discovered at the penn biden center on november 2nd. november 8th was the midterm election nearly a week beforeeyd the midterms. now, they hid this discovery t from you. the american people, until it was leaked to the press.s le but that was a whopping sixty eight days later. days l. and by the way, in the interim, while all this was going, they they did, in fact, appoint spe a special counsele to investigate donald trump. so as of t now, wehe still have documents were uncovered i have idea why the classified documents were uncovered in the first place. e anand self-proclaimed most transparent white house in history. well white ho, they won t tell us th thing. so what are they hiding? and do we have a dual justice system? once again, one system for fhe the clintons and mydans and one system for the the tru ....
here. now, the hard work begins. i may not know all of you, some of you are new, but i hope one thing is clear after this week: i never give up. pete: that s the truth. it happened just after midnight last night after 15 rounds of voting, the house elects california republican kevin mccarthy as the speaker of the house. emily: mccarthy taking the gavel in a late night session as the gop looks to get to work. will: alexandria hoff is live in washington with more. good morning, alexandria. reporter: good morning. it took 14 failed votes flipping more than a dozen holdouts and a final tally taking place just after midnight but speaker mccarthy has the gavel and we have the 118th congress sworn in early this morning. that you will well and faithfully discharge the duties of the office on which you are about to enter so help you god. i do. congratulations, you are now mcellroy members members of the 118th congress. reporter: it is conclusion of drama-filled four days ....