john: dow down 807 points at this moment. unfortunately, few people surprised by the new inflation data, confirming the pain at the pump and sticker shock. hello, john roberts in washington and happy friday to you. and happy friday to you as well, john. good to see you. anita vogel in for sandra smith. prices soared 8.6% from a year ago, highest in four decades as rent, energy and grocery prices continue to surge. another record high for gasoline prices as the national average edges ever so closer to $5 a gallon. anita: fox team coverage starts right now. karl rove on president biden s response to the economic crisis and a closer look at how much americans are paying at stores. john: but first, jacqui heinrich is travelling with the president live in los angeles. what is the white house saying they are going to do about inflation, jacqui? we have not heard from the president yet, he s going to speak later about supply chains but the chair of economic advisers says
that democracy, that what happened last january is on the ballot or these kitchen table pocketbook issues? i think it s always about the kitchen table issues. yes, it s about the democracy on the ballot but they really want to know what we re doing in their interest and how they can manage for their families. is here s house republican kevin mccarthy, a few minutes after that. watch. i don t see any prime time hearings set for gas price, for battling inflation, feeding our children. making the streets safer. martha: jim banks of indiana was nominated to serve on this january 6th committee by kevin mccarthy. speaker pelosi vetoed that nomination back in july saying that it could impact the integrity of the investigation. he s standing by. first, let s go to chad pergram live with what to expect tonight from capitol hill. hi, chad. martha, good afternoon. the key for the committee tonight is to punch through to the public. so far the investigation into last year s r