Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
Next, a look at the 2020 Election Results with atlantic Senior Editor Ron Brownstein and editor andcal report etiquett publisher charlie cook. They talked about how the election outcome impact future policymaking. This is just under an hour. Leah good afternoon, everyone. Thank you all so much for joining us today. I am with charlie cook and Ron Brownstein. Leah askarinam, the editor of the hotline. Excuse for me to ask some questions, and hopefully we will all leave this discussion with a better of what may be a chaotic four years. Before we get started, if you would like to submit a question during the session, please do so in the q and a section on the righthand side of your screen. We will try to get to as many of your questions as possible during the hour. Lets start off with what everybody has been thinking of for the past two weeks. There has been a lot of handwringing among democrats about the direction of their party and a lot of republicans taking a victory lap. Republicans m
Thank you for joining us today for our conversation with and charlie cook. Today, im going to ask my two favorite political leah askarinam, the editor of the hotline. Excuse for me to ask some questions, and hopefully we will all leave this discussion with a better of what may be a chaotic four years. Before we get started, if you would like to submit a question during the session, please do so in the q and a section on the righthand side of your screen. We will try to get to as many of your questions as possible during the hour. Lets start off with what everybody has been thinking of for the past two weeks. There has been a lot of handwringing among democrats about the direction of their party and a lot of republicans taking a victory lap. Republicans may pick up close to 10 seats in the house, but they will not flip it. They will likely lose one senate seat and are still at risk of losing the majority, and they lost the white house. On the other hand, democrats lost the expectations
Ahead, we are joined by the chief Congressional Correspondent from the Washington Examiner, great to have you with us. Guest good morning. Host lets leap ahead to january and the two runoff races in georgia, the race against the incumbent senator david perdue any other race with senator Kelly Loeffler. Have we ever seen to Senate Runoff races in any state before . Guest not my history of covering congress. Its really unusual. Its also unusual in georgia that the race has ended up in runoff territory. Georgia had been traditionally a very red state where republicans could usually count on an easy win in the statewide races. That was the last few election cycles. There has been a shift in the electorate in georgia over the areas ande the urban their suburban surroundings have gotten more blue, more democratic in their electorate. That has led to some close races where republicans cannot be assured of an easy win. Thats one reason you are seeing runoffs. I think people had thought david p
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