come up. it s going to to be bright all evening long. and today s faith and friends concert series we have the house fires here live. they ve been practicing, and it was beautiful. absolutely. rachel: yeah. we love having all this great music here on the weekends. we re not jealous of the week days anymore, now we have our music. pete: just co-opted it for six weeks. they are setting the house on fire here, it s a wake-up call. rachel: it s i awesome. there s so much energy in the green room. we can t wait to bring them out later in the show. joey: they sound so great. you go to concerts, that doesn t sound quite as good as the radio. that was beautiful. pete: very, very well cone. well done. we re one hour into a four-hour tour, one hour behind where we were yesterday. so you do the math of what that all means, i don t know. we re going to start with this, at least two people are kid in california dead in california as major flooding devastates entire communities. thousa
the pandemic, we had the biden administration spending a lot of money. you know, you costuff like that, you mess with the economy like that, by the way, spending when you didn t really need it, you re going to have some stuff that happens. particularly when you normalize stuff. so all that spending both on the fed side, from the biden administration caused what s known as inflation. to right the ship on inflation, you ve got to the raise interest rates. when you raise interest rates as the federal reserve is doing right now to get stuff back in order so we don t have 6% inflation which means if you have a job, it s like you re not working because you re not earning that much, you can t afford basic stuff. you know, you re going to have these sort of disturbances in the markets, these hiccups. this bank is an example of that. listen, i can go through with you guys, and it ll put everybody to sleep exactly why this bank went under, don t want to do that. i m giving you the sort of 30,000
thank you, rachel. rachel: the white house dodges questions over border policies but claims they re being humane. are is that so? ron vitello doesn t think record deaths at the border and surging drug overdoses are humane at all. he s going to talk to us next. new york city. you have to have the skill and the drive to make it here. not all chefs are men. oh, she can t do that. she s a girl. women bring creativity balance into a kitchen. no one should go hungry. itâ– s a human right to know where your next meal is coming from. we re changing our community one bite at a time, and we re not done yet. if you can see her. you can be her. i ve got moderate to severe plaque psoriasis. now, there s skyrizi. things are getting clearer. i feel free to bare my skin yeah, that s all me nothing and me go hand in hand nothing on my skin that s my new plan
mind. as the data involved, and evolutionary biologists began to look at the data the, the it looked much more likely it was a natural occurrence from an animal reservoir. i have always kept a completely open mind that it could be one or the other. quite frankly, the evidence weighs more likely towards one, namely a natural occurrence, but i would be perfectly accepted if there were ed that it was a lab leak. joey: so there s a reason why he s saying this now. so there s a bill that passed unanimously in congress, 419 votes to 0 in the house, the senate passed it without, without anyone objecting. they didn t really vote on it, but they passed it, unanimous consent is what that s called. so now there s a bill that s going to go to joe biden, and it s up to him to sign it to let americans see what evidence we have or to veto it. vetoing it would be absolute
it depends on what statistics you look at. here s the thing about inflation, it s sticky. it looks like it s going away and it comes back. looks like it s going away, it comes back. so that s why the fed is saying, the federal are reserve chairman jerome powell is saying i m going to keep raising interest rates, i m going to look through raising interest rates because it s crushiing ed the continue to crush the working and middle class. and because of that you re going to get stuff like we saw with silicon valley bank. pete: yeah. trust me, there s more to come. pete: there s more to the come. if inflation is persistent, there s more ink therring, fed gets involved, and when the tide goes out, then you find out who s not wearing any pants. [laughter] i guess that s one way of looking at it. pete: right, charlie? charlie gasparino, thank you very much. all right, guys. pete: coming up, a fox weather alert. devastating floods in california, blizzard warnings in the midwest and a no