more interesting closer to january 6 based on conversations they were having both with trump and with folks who were involved in the planning of that day. and brooks have said afterwards, he s talked to trump and that trump was still talking to him after the 6th about trying to get reinstated which there is no mechanism in the constitution to even do. so we know why the committee wants to talk to these people and we know they ve decided to escalate by going to subpoenas. but it doesn t sound like any of are going to answer the subpoenas. listen to what they told our team on capitol hill yesterday. i have not seen this subpoena. look, my view on committee has not changed. they re not conducting a legitimate investigation. they just want to go after their political opponents. the fact that they sent it to the press before they send it to the members just proves this is all about headlines. this whole thing is just a charade. i think this is a illegitimate committee and th
Government not shut down. We will put a clean funding stop gap on the floor to keep government open for 45 days for the house and senate to get their work done. House speaker Kevin Mccarthy moments ago saying that government will not shut down as a midnight deadline approaches. This as the house has gavelled in for a rare saturday session and a lot of questions about that deadline. Welcome to Fox News Live, im griff jenkins. Youll Jacqui Heinrich and aishah is on capitol hill. There are a lot of them, why dont you start off. Good morning, good afternoon to you, theres been a lot thats happened this morning and now were all here outside the House Floor Waiting For A vote to take place on a brand new continuing resolution, which would fund the government, this one is 45 days long. It does include disaster relief. It does not include ukraine aid and it does not include Border Security. Lets look at the house floor together as we await this vote. This is coming up under a suspension rule.
gaza through the rafah crossing. the number of people allowed in is very small but we understand that egypt will keep the rafa crossing border open until they evacuate 7000 people. rishi sunak is giving a news conference now saying that like minded countries had reached agreement on testing new artificial intelligence models before they are released. more than all of those headline stories in a moment. firstly, let s get the business news from the day. ben thompson is here. hello, matthew. we will start with news here in the uk. uk interest rates have been left unchanged for a second consecutive month remaining at their highest level for 15 years. the bank of england held rates at 5.25%. up until september, the bank had raised rates 14 times in a row to tame soaring inflation which has been squeezing households. it has led to increases in mortgage payments but also higher savings rates. the governor of the bank of england, andrew bailey, warned of the risk of energy instabi
no big surprise there, rates on hold but what does the bank of england thing happens next because it always got its eye on the future, hasn t it? yes, you are right. we saw this second hold in a row and i think what the expectation is going forward is that we will see interest rates higherfor longer. the chief economist at the bank of england has thought about this table mountain theory where interest rates go up and they are expected to raise at this elevated level for some time before we eventually see cuts, perhaps around august of next year, even a bit later. inflation is still really high, it still at 6.7%. of course, interest rates work with a lag so a lot of the hikes that we have already seen are yet to be priced in and filtering through into the economy. if there is still going to be kate king hold in the economy in the months ahead, inflation is going to come down but not down to that target it estimated until 25. that is inflation and interest rates, talk to me abo
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