New york stock exchange, and Hillary Vaughn on capitol hill. Lets start with edward, investors seem to like what chair powell had to say. Reporter yeah, just somewhat, right . 29 or so points, somewhat like it lauren. The Federal Reserve chairmans touted this very Strong Economy that were in right now. Even at one point, signaled taking credit for keeping the expansion going through the rate cuts they made, powell said it was a difficult year where the fed reversed course. Weve cut rates three times since july. Thats 75 basis points worth of cuts and we do believe that Monetary Policy operates with long and variable lags and that itll take some time before the full effects of those actions are seen in the economy. So thatll take some time, so thats one reason to hold back and wait. Reporter and powell is watching inflation very closely, core pce inflation at 1. 3 over the past 12 months below their 2 target, powell does signal as you heard no more rate cuts or hikes, for next year. He
Two former twitter employees wants for allegedly giving saudi government information about critics of the kingdom. The suspects in saudi arabia still. We have a veteran of u. S. Intelligence community on what it means for big techs, for National Security and your privacy. To the border, that devastating massacre of three mothers, six of their childrenna. The hands of a cartel. Hundreds turn out today for the first funeral. And i am jackie deangeles for elizabeth macdonald, the evening edit starts right now. Fox news william is in los angeles tonight with the massacre in mexico. Reporter multiple funerals in mexico today mor relatives arrived in a caravan, a farming village where the victims lives. They traveled on same road where the families were ambushed and the mexican guard stood by, where the first funerals took place today. A third funeral is scheduled friday. For years the mormon communities in the area coexisted with cartels, sonora had been less violence than other areas in me
Now utterly destroyed. The president will pivot to what he would like to achieve this year, agenda items include infrastructure spending, immigration, and trade agreement s. We take up the president s vision with the countrys leading political strata gist ed rollins and the Washington Times opinion editor charlie hurt. Also tonight here americans awaiting the release of the House Intelligence Committee mem gum that exposes the Obama Administrations abuse of power skying on american citizens including members of the Trump Campaign Transition Team and the Trump Administration. President trump now has four days to decide whether to release the memorandum to the American Public. Congressman matt gates has been urging the Intelligence Committee and asking the president to do so during his state of the Union Address tonight. Congressman gates among our guests here and also two distinguished warning ton attorneys who have been instrumental in exposing corruption in the Obama Justice departmen
Host we wanted to get your take on the Opioid Crisis. Call this number of ura republican. Among the economically stressed white americans, taking a toll along whites, hispanics and blacks. Since the beginning of the decade whites, 12 . Native americans and 18 . The overall death rate for americans and needs prime years rose 8 between 2018 and what it reflects is an outofcontrol epidemic. A lengthy piece in the Washington Post. He files a lawsuit against five pharmaceutical manufacturers. They helped cause ohios current Opioid Epidemic. Heres a little bit from the attorney general from mike dewine hearing on capitol hill late last week. The pharmaceutical companies beginning in the late 1990s tried to change the cultures. That purpose was for pain that goes on day after day. But is not terminal. They were very successful in doing that. In response to your question, one of the things i like to see these companies do, they can do it tomorrow and start, lawsuit or no lawsuit, is to spend s
Brian Thomas Schatz citizens against government waste. You are president of it and you have been around the organization for 30 years. What does it do . Thomas it was created following the release of the Grace Commission report. Peter grace and jack anderson, syndicated columnist, took president reagans advice which was to not let the report gather dust on the shelf and they put together citizens against government waste and the lobbying arm of that called the council for citizens against government waste. The job of the organization is to uncover, expose, publicize, and a limited government waste and fraud and mismanagement. Brian what is the pig book . Thomas it started in the early 1990s. Following the release of a list of unauthorized programs which was done under president reagan in 1988, we got the idea of taking that list and figuring out how those expenditures were getting into the bills if they were not supposed to be there. We worked with a Bipartisan Coalition of members of