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descent into assism. and a major effort to free brittney griner and paul whelan from captivity in red sox and i'll be joined by olivia juliana, an amazing young woman who turned a disgusting attack by matt gaetz into an opportunity to raise money for abortion services across the country. we begin with the new signs that the justice department is moving the ball in its investigation into the january 6th news. the house january 6th committee has spent the summer laying out its laser-focused investigation into the former president's actions leading up to the attack on the capitol, and w...

>> reporter: the federal reserve just made history announcing that they're raising interest rates by 3/4 of a percentage point for the second meeting in a row. we haven't seen anything like that in back to back meetings in modern fed history, but we're not in nor times. we're dealing with the worst inflation inflation prices in 40 years. inflation remains elevated due in part to russia's invasion of ukraine and very high food and energy prices. so the fed is stepping in and acting like the firefighter. they're trying to put this inflation fire out. the goal here is to raise borrowing...

release of brittney griner and paul whelan. cnn learning exclusively that the u.s. is now proposing a deal to exchange a convicted russian arms dealer for the two americans. welcome to our viewers here in the united states and around the world. i'm wolf blitzer. you're in "the situation room." >> we begin with new evidence that the justice department's criminal investigation of january 6th is picking up steam big time. a star witness from the house hearings is now cooperating with federal prosecutors who have been asking questions about former president trump. let's go to our congres...

>> john: begin "america reports" with form president trump under investigation by the justice department as the agency appears slow to act on the current president's son, with one republican senator now alleging a cover-up. john roberts in washington. good to be with you again. >> sandra: we made it to wednesday. i'm sandra smith in new york. "washington post" reporting the justice department is looking into the former president as part of a criminal probe of efforts to overturn the 2020 election results. the post says phone records of some trump officials have been seized and witnes...

who can't afford it. >> martha: the dow is up a lot on that news. in less than 24 hours, we'll know if the u.s. is officially entering a recession. charles payne joins me on that. and the other big story that we start the hour with here on this wednesday, china. warning the united states saying that when it comes to nancy pelosi's trip, it's a red line for them. china recognizes obviously -- china believes that taiwan is part of china, that it's not an independent country that can greet u.s. officials on their own. when asked were republicans from the hill will join her on this trip,...