home. the wall street journal reports the attorney general merrick garland deliberated for weeks over whether to approve that fbi search. separately, sources tell cnn that trump white house lawyer eric herschmann has been subpoenaed by a federal grand jury investigating the insurrection. and in a separate investigation, georgia prosecutors have told rudy giuliani he is a target of a criminal probe into election interference. and in yet another investigation, long time trump organization cfo allen weisselberg is expected to plead guilty in a tax evasion case. let s get to it, let s begin with katelyn polantz on the news out of the justice department this morning. so, what are you hearing from the justice department about this request to unseal the affidavit? reporter: the justice department does not want to unearth a lot more detail about what is going on here in that prompted the search of mar-a-lago and what is under criminal investigation here. in a court filing yeste
this is nbc nightly news with lester holt. good evening there is significant movement to report tonight in the effort to bring home americans brittney griner and paul whelan, both separately imprisoned in russia. late today, secretary of state antony blinken acknowledging there was a substantial proposal on the table to facilitate their release. griner, the wnba star detained since february, who has pleaded guilty to illegally possessing vape cartridges with cannabis oil whelan, a marine corps veteran, serving a 16-year sentence after being convicted of spying in 2020. both, the u.s. says, are wrongfully imprisoned blinken says the next step, a call with his russian counterpar sergey lavrov. believed to be on the table, a prisoner swap that could prove to be a bitter pill for the biden administration which has been under fire in its efforts to gain freedom for the americans. all this unfolding as griner told her story today inside a russian courtroom. andrea mitchell now
oh, he s back. o donnell: out of covid isolation. in just five days, president biden is testing negative. gunmakers in the hot seat. new information tonight, as we learn manufacturers made more than $1 billion selling ar-15s to civilians. the war in ukraine. cbs holly williams is with american military veterans as they train ukrainians. reporter: this is a five-day course. they re also learning battlefield first aid, and how to maneuver. o donnell: $1 billion jackpot. when s the next drawing, so you can go out and get your lottery ticket? and, 50 years later. celebrating the f.b.i. s first female special agents. this is the cbs evening news with norah o donnell, reporting from the nation s capital. o donnell: good evening to our viewers in the west and thank you for joining us on this busy wednesday night. tonight, we begin with the state of the american economy, and the battle against inflation. the federal reserve todaying prb making a move to try and tamp down
more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won t see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. and i want our viewers to enter understand what this really means for them, for their wallets. and i know you ve pulled a few examples. yeah, i ve been working the phones. let s start with credit cards. we ve already seen credit card rates accelerate quite rapidly this year. and right now the average rate is about 17.5%. according to bank rate, if you are holding a $5,000 balance which is the national average, you have a current ampt pr of 17.25%, if
yes, that investigation goes all the way to the top. and the fed all but certain to jack up interest rates this afternoon. but how big a hike will tell us a lot about the inflation problem. as new numbers on housing and what we re buying spell more economic trouble. up first, the details that point a glaring legal spotlight at the former president donald trump. this banner headline courtesy of the washington post, the justice department investigating trump s actions in the january of criminal probe. new york times adding critical detail detailing the fake elector scheme and including references to the president being looped in. post account saying that prosecutors have spent hours asking witnesses about conversations with trump, his lawyers and others in the former president s inner circle. the questions revolve around that fake elector s plot and what instructions trump may or may not have given to his lawyers and advisers. we do know there has been an uptick in gr