everybody, it is wednesday, january 3rd, 2024. and we start this second hour of fox & friends with a developing story. that man right there, new jersey s long time senator robert menendez is back in the spotlight following new corruption allegations. ainsley: the embattled democrat is now facing even more bribery charges. this time for allegedly helping the qatari government in exchange for lavish gifts. lawrence: this is unbelievable. peter doocy is live from the white house with more on this. hey, peter. peter: the word was allegedly out all around the world. if you want the u.s. senator to say something nice about your country just buy him something expensive. that s what the united states government is alleging now that there are these text messages showing the following. it s pretty extraordinary. bob menendez gets a text from a businessman with ties to the qatari government that says how about one of these? and it s photos of two watches ranging from $9,900
economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama s national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflation, and ben harris, a former deputy treasury secretary says the most important impact is the stability that comes with having a deal. markets can function knowing that we don t have a cataclysmic debt ceiling crisis looming anymore. so, ron, explain that to us. explain what they re talking about. so katy, i m going to take answer number three as the most accurate one. i just think avoiding a debt
london. max foster has the day off. just ahead on cnn newsroom. we ve got good news, we ve reached a bipartisan budget agreement. we re ready to move to the full congress. this is a good strong bill. we ve had incident that is happen over and over again that heightens the sense of severe. president erdogan not unreasonably steps down from the position. he doesn t have to worry for the time being. . lives from london, this is cnn newsroom with max foster and bianca nobilo. it is monday, may 29th, 9:00 a.m. here in london. 4:00 a.m. in washington. why u.s. president joe biden and house speaker kevin mccarthy are racing to sell their debt ceiling deal to congress. the tentative agreement would raise the debt limit for two years and avoid the possibility of a catastrophic default. and lawmakers are both sides of the aisle are expressing their concerns here s how the president and speaker defended their plan. they said they d only do it on the condition that it h
that is so long as congress acts. right now, leadership in both parties are working to parade the vast middle to get on board because the fringes are furious. if you thought the howling was loud last week, just wait for what we re hearing today. it s insanity, said republican ralph norman of south carolina. this deal is a turd sandwich is said republican chip roy. barfing emoji tweeted dan bishop. the left was a little less colorful but unhappy. parts of the deal are quote, really unfortunate, said pramila jayapal of washington. a large majority of the house democratic caucus is in flux on where they re going to be on this said ro khanna of california, and it s a terrible precedent said one liberal to our friends at punch bowl. the house needs 218 votes to pass this deal. the senate needs 60 and with what we re hearing right now from the conservatives and progressives, both votes will need to be largely bipartisan to pass. let us understand who s saying what right now, and al
interfering in a presidential election. another obama era official testifies before the house weaponization committee behind closed doors today. sandra: james clapper in the hot seat for his role in pushing the false narrative that the hunter biden laptop was russian disinformation. marc thiessen coming up. john: breaking news, prince harry and his wife meghan markle say they were chased by paparazzi. but what really happened. sandra: i can say i m sandra smith and we are in washington. great to be with you. john: good to be with you today. sandra: a spokesperson say he and his wife meghan were involved in a two hour long car chase and now nypd and mayor adams are weighing in. john: laura is in the newsroom in manhattan, what is mayor adams saying about the alleged chase? we have been waiting to get some comment from city officials, prince harry and meghan markle spokesperson issued the statement earlier today saying the couple and markle s mother, all three wer