viewers around the world. max foster has the day off. i m bianca nobilo. this is the third property associated with president biden that the fbi has visited. the president from the very beginning of total cooperation with the justice department. tyre was a beautiful person. and for this to happen to him is unimaginable. legacy of tyre nichols is that we have equal justice swiftly. this time the man many consider the greatest player in nfl history seems to really mean it. it is time. he has proved everything he needs to prove. so go ahead, move forward. this is cnn newsroom with max foster and bianca nobilo. it is thursday, february 2, 4:00 a.m. in rehoboth beach where fbi agents have wrapped their search for classified documents at the president biden vacation home. mr. biden has repeatedly insisted he did nothing wrong in handling classified material, a claim echoed by the white house. i think that we won t get ahead of potential speculation and steps tha
spending. and let s begin in washington, d.c., where the federal reserve has just announced its latest decision on interest rates. economists predicted an eighth straight rate increase as the central bank tries to tamp down inflation without causing a recession. matt egan is inside the federal reserve. what s the decision? reporter: 25 basis points, the fed just delivered its eighth straight interest rate hike, lifting interest rates to the highest level since 2007, all part of the fed s quest to get inflation back down to healthy levels. but importantly, the fed is dialing back the pace of these interest rate hikes. going from 75 basis points this past summer and this past fall to 50 basis points in december, to this more traditional move of 25 basis points today. now, this was widely expected, widely telegraphed, and yet, it is a significant strategy shift, nonetheless. the fed is still trying to slow this economy to cool off inflation, but they ve gone from slamming the
it means for you and your money. john: right now we are waiting to hear from the white house council office spokesperson, ian sams, expected to talk about the probe into president biden s classified document scandal. also waiting for karine jean-pierre to talk to reporters at about 2:30ish, sort of, with everything that s going on today. she might want to bring with her her biggest binder yet, there s a lot to talk about. sandra: the first chance for the white house to respond to the fbi search for classified documents at the president s beach house. john: we are also expecting questions at the briefing about the high stakes meeting at the white house in just about an hour s time. the president face-to-face with house speaker andy mccarthy. did i say andy again, kevin mccarthy, as the biden white house gets the first dose of a divided washington, d.c. yes, i ll call him david osman as well. i m sorry, i m excited, so much happening. john roberts in washington. sandra:
4:00 a.m. in rehoboth beach where fbi agents have wrapped their search for classified documents at the president biden vacation home. mr. biden has repeatedly insisted he did nothing wrong in handling classified material, a claim echoed by the white house. i think that we won t get ahead of potential speculation and steps that could happen in the investigation. the president has been fully cooperative and he s directed his team to be fully cooperative. and that is because he believes in the independence of the justice department and giving them the space to conduct that review. so he is moving quickly to give them access to his homes so that they dican do a full search. the searches into multiple properties would be a clear sign that the justice department is remaining vigilant in its investigation. jessica sthichneider reports.
what s on it? more body camera footage, and whether that s audio from the body transmissions. they re not being very specific, but giving indications that they want to be transparent, they want to release more information. but because there s this pending investigation that s going on, they need more time. so they re asking for patience. but, you know, they realize that they need to release more information. there are still a lot of gaps in what we know. all right. let s hold on for a second. we re going to go to the white house, where the white house counsel is speaking outside the white house on the fbi search. let s listen. [ inaudible question ] sure, thanks for the question. i don t think we ll get ahead of potential speculation and steps that could happen in the investigation. the president has been fully cooperative and directed his team to be fully cooperative. and that s because he believes in the independence of the justice department.