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disastrous showing the biggest spike in consumer prices in over 40 years that the fed felt the need to move fast here to take a page out of the playbook of alan greenspan and paul volker with a very big interest rate increase, and they signaled that more aggressive steps are to come because that official said they are, quote, strongly committed to getting inflation back down to 2%. and given that it's nowhere near 2% right now, that does imply more big rate increases to come. as far as why this is happening, i think it's important to think about the economy as almost like a car on a ...

talked about what has been thus far but also talked what is to come. >> what is to come. here's the quote, clark decided - it's like a movie. >> you know, like mussolini or something. >> yeah. >> sort of like al haig. no disrespect. you got to know whether you're a utility, infielder or cleanup -- >> like the justice department. >> he decided they're going to take over the justice department. they're going to wipe out everything. >> and trump. >> they call in rosen -- is it donahue -- >> yeah. >> some of these characters, like him and the other guy who said i don't want to hear two w...

class. there is either extreme rich or extreme poor and the rest of us just kinds of fall through the cracks. >> it is exactly those kinds of voters that democrats and the white house are trying to reach. we heard the president just yesterday insisting that americans should trust that he has a plan to help working families. but those families are feeling frustrated and overwhelmed. and, in fact, we saw a little of president biden's own frustration in a letter today where he lashed out at oil companies for making huge profits while gas prices hit record levels. for him, his administra...

the president's visit comes as his administration is facing mounting pressure following this, you know, 41-year inflation high that we're seeing and a huge surge in gas prices. the nation's national average for gas, $5.02 a gallon now. all of this as a key inflation measure slowed slightly last month. >> also this morning, the white house is now confirming that the president will be traveling to the middle east, specifically to israel and saudi arabia, in july. we're also learning his visit will include a meeting with the saudi crown prince, mohammed bin salman. remember, president b...

presidential election and prevent the transfer of presidential power. >> the election lies. >> i made it clear i did not agree with the idea of saying the election was stolen and put out, i told the president this was [ bleep ]. >> the riot. i was slipping in people's blood. it was carnage. it was chaos. >> and the warning. >> i say this to my republican colleagues who are defending the indefensible. there will come a day when donald trump is gone, but your dishonor will remain. >> this morning, i'll talk to one of the members of the january 6th committee, democrat elaine luria. the ...