We begin with lauren. What happened . Lets just put this in perspective, neil. This is the first rate cut since the financial crisis. The first cut in a decade. If you want to look longer as that, the fifth time in 25 years where you have a Federal Reserve going from hiking rates weve had nine increases since 2015. So we went from hiking to cutting. If you look back at history, its usually not one and done. The reason the dow fell more than 300 points today is that it seems to think, the market does, we might be one and done here. Heres the statement that investors are picking up on from jerome powell. Were thinking of it as a mid cycle adjustment to policy. Is hes not committing the series of rate cuts that a lot of people are looking to. One of the reasons for that is that the consumer is healthy as the data is showing us. I spoke to greg mcbride at bankrate. Com. He says when you think about this, a quarter point does nothing for the consumer. If you have a balance on your credit ca
Good morning, everyone, its monday, july 22nd. President trump is outright questioning the patriotism of four minority Democratic Congresswomen whom he told to go back to their countries, declaring them irredeamable. He said they should apologize to america and israel for the horrible hateful things they have said. They are destroying the Democratic Party but are weak and insecure people who can never destroy our great nation. President trump shared a defense of the send her back tweets from the far right british commentator who the in the past linked a rabbis work to a mass shooting at a synagogue, sharing a tweet by katie hopkins, send her back is the new lock her up. After a terrorist attack in may at an Ariana Grande contest said we need a final solution. And the tree of life synagogue that left to 11 people dead, look to the chief rehabbi and h support for mass migration, there you will find the truths. Its unaware if trump was aware of the background of the hopkins. In a moouve r
Begun to be opened up to the public, just ahead of the salute to america, which is the flyover and the aerial demonstrations that comes a little later today. Arthel we are going to go to ellison barber, shes live at the nationals all the details. Hi, ellison. A, arthel. Theres a lot of excitement here. Also a lot of criticism. Democrats and some other critics say that the president has turned an event, a day that is meant for all americans, into something partisan. More of a Campaign Political rally. There is a vip section down at the Lincoln Memorial. Republican party donors reportedly received tickets to sit in that area. Democrats are pointing to that as proof that President Trump in their view is using the fourth of july on the salute to america event for partisan purposes. The white house says there is not a political bone in the president s speech paid some protesters are here today. Weve seen some walk by carrying baby trump balloons, made famous in places like london and protes
Talk to my republican friends as much as ill talk to my democrat s because i dont approach this from a partisan viewpoint. They are cherry picking, and withholding key facts and lying about other claims and the American Public gets completely deceived as a result of it. We have fox team coverage, kevin corke has the latest reaction from the white house but we begin with lucas tomlin son in our d. C. Bureau. Reporter john, and in that interview with fox earlier today Elizabeth Macdonald democratic congresswoman Debbie Dingle asked if there was enough votes for impeachment, to investigate a political rival. We must get, we cannot be emotional or whatever. We have three committees that are investigating, they are following where this will take us and well see where that will be. Is there enough facts to take us there right now . I dont know. Former u. S. Ambassador to the ukraine ignored a state Department Order not to testify before house impeachment investigators and she claims the pres
Down the last couple hours. It was just sunny. Now rain a little bit of drizzle is coming. The winds are picking up. You can see the water behind me here. The National Weather service, they have used Jupiter Inlet as a marker for a lot of warnings there, their advisories. They had put a storm surge warning in effect for all of the areas north of Jupiter Inlet. They listed the advisory for areas that are south of Jupiter Inlet. We are right next to that inlet. Here on jupiter beach, you can see the rain here. Its coming in waves but its been mild. The last hour, the sun again. It did come out. People have been out here all day. You can see some of them on this jetty here. Theyve been out here some, some just watching, taking things in. Others out here looking around. They feel like this hurricane missed them. The weather from where were standing at times, it feels like it might have evacuation orders have just been lifted in martin county. Most of Jupiter Island is in that island. The t