6 and who has helpful information. do you believe you share responsibility? i believe i did my i don t think think job to the best of my abilities. i don t think we re in a recession. and we re having to cut back a lot just to get by. it is thursday, july 28, 9:00 a.m. here in london, 4:00 a.m. in washington where the u.s. president is now testing negative for covid and coming out of isolation. only to face a deluge of critical domestic and foreign policy challenges. decisions joe biden makes could impact his presidency in the months to follow and his legacy in the years to come. his administration remains under intense pressure to rein in inflation and has a very vested interest in the historic hike to the interest rate. abroad biden is dealing with a new showdown over taiwan and as well as complex communications with moscow. the u.s. government has been loudly condemning russia s aggressive actions in ukraine, but also made a surprise offer to the kremlin on wed
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 congressional correspondent, ryan nobles, up on capitol hill. tell us about the key witness who is now working with the feds. yeah, wolf. it is the witness that perhaps delivered the most compelling testimony of any of the january 6th select committee s public hearings. that s the former aide to mark meadows, cassidy hutchinson. it shows that this probe is expanding, specifically into the efforts to sta
house prices are up a lot and mortgage interest rates are up a lot. so you may have already had to adjust your home buying budget. reporter: but others say the down side is that rate hike after rate hike while inflation persists could start to catch up with people. that is the possibility that you are going to start seeing more defaults, you are going to see people finally being unable to pay their bills. and those auto loans that have been sliced and diced the way things were back in the financial crisis, those will start going bad. reporter: how can the average american consumer cope with the rate hikes? be a little more stringent on your family budget, set aside some of the discretionary expenditures, avoid borrowing for something that you could splurge for later on when you ve got already an extra cash cushion set aside. reporter: the analysts we spoke to say that means don t borrow money for things like vacations and they are giving same piece of advice now that they hav
were charging. if you re a homeowner in the market today, you have already seen your opportunities limited by what s gone on. house prices are up a lot. and mortgage interest rates are up a lot. so you may have already had to adjust your home buying budget. but others say the downside is that rate hike after rate hike while inflation persists could start to catch up with people. that s the possibility that you re going to start seeing more defaults. you re going to see people finally being unable to pay their bills, so those auto loans that have been sliced and diced the way things were back in the financial crisis, those are going to start going bad. how can the average american consumer cope with those rate hikes? be more stringent on your family budget. set aside some of the discretionary expenditures. avoid borrowing for something that you could splurge for later on when you ve got already an extra cash cushion set aside.
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