short. we just learned his recorded testimony is expected to be shown tomorrow. and children under age 5 are another critical step closer to getting covid vaccines for the first time. we ll break down the new green light by fda advisers as cases are rising, and even dr. anthony fauci has now tested positive for covid. we want to welcome our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with the biggest jump in interest rates in nearly 30 years here in the united states. the federal reserve prescribing new medicine for the ailing u.s. economy that may be tough to swallow for so many americans. brian todd is joining us live from outside the federal reserve. brian, this is truly a consequential move aim at trying to tackle soaring inflation. reporter: prices across the board were soaring out of control. the fed needed to do something. now it s a matter how the average american can absorb this. with prices s
trump won. nancy mace took the primary defeating trump s preferred candidate, katie arrington. and in texas republican mayra flores flipped a democratic house district where 85% of residents are latino. senator marco rubio says it is a sign the gop is making big gains among that voting block. it is severe losses by democrats. so-called hispanic activitys or people who claim to speak for hispanics but everyday voters and people aren t the same thing. hispanics don t want to pay $5 for gas or criminals running the streets or schools trying to convince their son that he is their daughter. it is voting against the party responsible for those policies. dana: alicia has more for us. this is interesting and exactly what the national republican party was banking on here because it dumped more than $1 million on tv ads alone on this special election in a traditionally democratic district and the candidate is now congresswoman mayra flores filling the remaining months in office,
weanthe country off fossil fuelw for fuel outrage over historically high cost. that outrage is reflected in the latest fox news poll being released right now. and could become a huge factor in the midterm elections for which primaries were held gled a handful the states. the president s approval rate stands at 43% with 57% disapproval will. just 18% consider the economy in good or great shape. 82% believe it is only fair or poor. white house correspondent peter doocy starts us off tonight. good evening, peter. good evening, shannon. the president is not ordering oil companies to drill more in the united states. he thinks they have got enough oil already. and, instead, need to just work harder at getting it to the pump. we see it as a patriotic duty. pressure to be a patriot on oil producers from a president who once made this promise. i guarantee you, i guarantee you we are going to end fossil fuel and i m not going to cooperate with them. now biden writes to oil re
christina, let me start with you with nuts and bolt, where do things go from here and what we re seeing in the market so far. that had been a question mark. i guess i should reference your song. i saw the sign. they saw the sign the fed was going to hike. the markets are reacting positively at the moment. the dow is up 1%. you re seeing the nasdaq in positive territory. the s&p 500 in positive territory. the concerning point is jerome powell, the chair fed is speak and they changed course and became more aggressive once they received the inflation data we got last friday showing our prices have climbed 8.6%. that s the highest we have seen since 1981. because of that big jump in inflation, the fact it s continuing to climb higher, the fed needs to get more aggressive and seems like they are most likely going to continue on this trajectory even a month from now. that will have a trickle effect on the economy. he s still speaking at the moment but here is what he had to say
In this case. Also, its the race thats been described as a mullet business in the front and a party in the back. The bay to breakers is this weekend in the city. What to expect if youre running it or just want to avoid it altogether . This is ktvu, fox two news at noon. Good afternoon. Im Gasia Mikaelian monterey senior. Thank you for joining us. We begin with breaking news in San Francisco right now. Punishment handed down for the man accused of attacking congresswoman Nancy Pelosis husband with a hammer. He is being sent to prison for 30 years. Ktvu Christien Kafton is live outside the courtroom. And christian, how did david depape react to the sentence . Yeah, we did not see much of a reaction out of depape in the courtroom when the judge handed down that 30 year sentence to papps attorneys had been asking her for 14 years. Prosecutors were asking for 40 years. In november of last year, david depape was convicted of attempting to kidnap former speaker of the house nancy pelosi and a