today we learned it was basal cell carcinoma. it was all removed at the time of the biopsy and no further treatment is required but the president does face new woes tonight from fossil fuel defenders. an internal memo accidently posted by the interior department shows the biden administration moved forward with increasing royalty fees on fossil fuel drilling off the alaskan coast despite its own assessment that lower fees would increase energy security for the state. the senate energy committee chairman joe manchin saying he is appalled and the leaked memo makes quote crystal clear this administration is putting radical climate agenda ahead of the needs of the people of alaska and the united states. the president today focusing on ukraine security meeting with german chancellor olaf schultz. we have been together throughout this. the picture is less clear. schultz at the white house friday with zero fanfare and no blirl news conference causing questions how aligned the
atlantic and the pacific. and accusations of torture against ukrainian citizens at filtration camps run by russians. we are live in kyiv. good to have you with us. well, we will get to those top stories in just a moment, but first sources tell cnn former trump advisor steve bannon is expected to surrender to new york state authorities in the coming hours. bannon was indicted by the state for allegedly diverting about $1 million from a scheme that raised millions to build a border wall. trump pardoned bannon after he was charged by federal prosecutors with the same offense, but presidential pardons don t apply to state level prosecutions. a former white house attorney predicts bannon will eventually face prison time. take a listen. i think bannon s in a great deal of trouble. two of his two of the three colleagues with whom he was charged federally before trump pardoned him have pled guilty in that case and will be sentenced. the third went to trial, had a mistrial. he
interest rates that we ve seen, the rate hikes we have seen have done the trick to ease that. so why did stocks soar when all was said and done? a lot of technical definitions being given here. let s put it this way. people were in a buying mood. welcome. i m neil cavuto. this is your world. what in the world to make of inflation that remaining pretty much out of control, but buyers that seem to find a certain resolve. based not so much on what they see there but an economy that they re convinced has seen its worst. has it? is it? we ll explore that beginning with connell mcshane taking a look at the events that prompting the buying wave and the reaction from washington as well. connell? it was a wild day. consumer inflation at a 40-year high. 40-year high. still as you say, the stock market came storming back from the early losses. now we re seeing speculation when you talk to investors that maybe, just maybe, the market has reached a bottom. we ll get to that. let s sta
but it s likely to be an uphill battle, the subpoena is set to expire by the end of this congressional session and that s in january. news coming as the white house gets rocked by the last inflation report before novembes still at record highs, not showing any signs of coming down. president biden says america is making progress. today s report shows some progress, overall inflation is 2% over the last three months. that is down from 11% over the prior three months. that s progress. because of my economic plan, we are better positioned than any other major economy in the world to whether the challenges that come through this as a stronger country. if republicans win, inflation will get worse, it s that simple. dana: it s that simple, greg. she we had january 61st? greg: it was a beautiful backdrop, very inspiring for everybody and i think that they should name it to the hunter inflation, because it is always high even when joe claims it isn t. i am so surprised it was u
is lucky to with alive. i m charles payne in nor neil cavuto. this is your world. we have live coverage in fort myers florida. brandy? good afternoon, charles. we re here at a food pantry where a lot of people have been coming to to get some of those necessities that they needed after the flood waters came through this area. just to quickly paint the picture in the fort myers area, if you came here, you d see a lot of lights out. if you re driving down the road, you have to stop at the red light. there s no signals working right now. a lot of downed trees and those that are still up look like they have the bark just stripped from them. a lighter brown shade right now. it s also very active here. a lot of people driving around, starting to get things recovered out here. i want to bring in mary. she s here with the organization, gladiola s food pantry. you re closing up shop for the day but what have you been providing for people? since the pantry was flooded during the s