spenders, let them know, almost $2 trillion in deficit reduction. i don t want to hear anymore of these lies are reckless spending. we re changing peoples lives. maria: our lives are certainly changing. coming up former secretary of state mike pompeo on the number one threat to today and the mistakes that got us here from foreign policy to economics. as joe biden claims it is bizarre to blame him even as the president s approval rating plummets with key voting blocks abandoning him, minorities, independents and business. these are treacherous times. frankly the lack of leadership in washington is discouraging. for the president of the united states not once, not once, say i made a mistake, this is my fault, if you look every single thing that happened negative, the devil made me do it or somebody else. when is he going to show leadership including belly-up to the bar say this one s on me? maria: coming up the former president of the kansas city federal reserve, tom hoenig a
spenders, let them know, almost $2 trillion in deficit reduction. i don t want to hear anymore of these lies are reckless spending. we re changing peoples lives. maria: our lives are certainly changing. coming up former secretary of state mike pompeo on the number one threat to today and the mistakes that got us here from foreign policy to economics. as joe biden claims it is bizarre to blame him even as the president s approval rating plummets with key voting blocks abandoning him, minorities, independents and business. these are treacherous times. frankly the lack of leadership in washington is discouraging. for the president of the united states not once, not once, say i made a mistake, this is my fault, if you look every single thing that happened negative, the devil made me do it or somebody else. when is he going to show leadership including belly-up to the bar say this one s on me? maria: coming up the former president of the kansas city federal reserve, tom hoenig a
santor icap tall, dan niles. thank you so much for being here. tom, get your take on the 75 basis-point move last week from the federal reserve. was it the right move, and how will it change things? i think let me just back up a second. it is very important move. there is a couple things you have to keep in mind. i worry a little bit that it gives an impression of panic almost on the part of the federal reserve. they had a plan. they were going 50 basis points. they were doing quantitative tightening. they get the numbers on inflation and decide to go to 75. so, yeah, whether it was the right move only time will tell but certainly they had to raise rates whether 50 or 75 and they have to raise it even more so they are on the right path. the thing i watched, not just the level of rates. they moved it to 75, we re now getting close to the 2% mark the
santor icap tall, dan niles. thank you so much for being here. tom, get your take on the 75 basis-point move last week from the federal reserve. was it the right move, and how will it change things? i think let me just back up a second. it is very important move. there is a couple things you have to keep in mind. i worry a little bit that it gives an impression of panic almost on the part of the federal reserve. they had a plan. they were going 50 basis points. they were doing quantitative tightening. they get the numbers on inflation and decide to go to 75. so, yeah, whether it was the right move only time will tell but certainly they had to raise rates whether 50 or 75 and they have to raise it even more so they are on the right path. the thing i watched, not just the level of rates. they moved it to 75, we re now getting close to the 2% mark the