spending. and let s begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what s the decision? reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed s quest to get inflation back down to healthy levels. but importantly, the fed is dialing back the pace of these interest rate hikes. going from 75 basis points this past summer and this past fall to 50 basis points in december, to this more traditional move of 25 basis points today. now, this was widely expected, widely telegraphed, and yet, it is a significant strategy shift, nonetheless. the fed is still trying to slow this economy to cool off inflation, but they ve gone from slamming the
lightfoot loves to tout the responsibility of her city to welcome all regardless of legal status. she calls the busing plan racist. james comer giving props to the texas governor. i think many more blue cities will have to be sent migrants. but this is working. this was a great idea by governor abbott. all the fentanyl coming across our border and the human trafficking coming across our border and the crime is a direct result of the biden administration having an open border policy. welcoming these people across the border. and i am glad that these big city mayors thanks to governor abbott are now seeing the problem with having an influx of people that come in. sandra: matt finn is live in eagle pass, texas, on the ground. migrants first cross over in the country there. matt. good morning, sandra. a lot of the migrants being bused to chicago, new york and washington, d.c., they cross into the country right here in eagle pass, texas. this is one of the busiest ports of e
Black sea fleet was killed. Kyiv, now accusing the kremlin of seeking revenge. Welcome to our viewers in the United States and around the world. Wolf blitzer is off today. Im pamela brown and youre in the situation room. First this hour and the nation on the brink of a financial crisis. U. S. Government funding is set to run out at midnight on saturday and right now, theres no solution in sight as republican hard liners stand firm in their rebellion. Lets go to manu raju. What is Kevin Mccarthy doing and saying as shutdown nears . Hes trying to pressure those members on the far right that refuse to go along with his spending plans, to pass a shortterm funding bill to keep the government open past saturday. But theres a problem. He does not have this votes. He can only afford to lose four republican votes. He is at the moment could lose up to seven or ten members who refuse to vote for a shortterm plan no matter what and they are warning if you are to turn around and cut a deal with dem
we know kate bedingfield was on yesterday, she said the american people don t care much about this. they care about inflation and listed a few other important issues. what should we deduce by the white house putting out this spokesperson from the white house counsel s office that maybe they think this is of greater interest than they re seeing in front of the curtain? i think if you look at timing, this is about trying to take out some of the pressure in the briefing room. they wanted to try to get some of these questions from reporters about today s search out of the way. but a very intentional choice there by the white house to have ian sams, the spokesman for the white house council s office appear in front of the west wing entrance of the white house and not at the briefing room podium with the seal of the white house behind him. that s a very intentional choice to try to put some distance, as we ve seen how this has played
republicans don t just threaten our rights and security. they are a threat to our very democracy. let me tell you about this ultra-maga agenda. it is extreme as most maga things are. sandra: the white house defending the attacks and checking republicans from the briefing room podium. marc thiessen has strong thoughts on this and he will join us next. does it get better than never getting lost?