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
There was no collusion ed working together through history right now. Our colleague, Shannon Bream, is live in washington. Bret baier will be back at 8 p. M. Eastern. Shannon bream in washington with more fox news special coverage. Dana thanks. It was just announced, there was no collusion with russia. The most ridiculous thing ive ever heard. There was no collusion with russia. There was no obstruction, none whatsoever. And it was a complete and total exoneration. Shannon President Trump just minutes ago reacting to the news from Attorney General bill barr that, quote, The Special Counsels investigation did not find that the Trump Campaign or anyone associated with it conspired or coordinated with russia in its efforts to influence the 2016 president ial election. Im Shannon Bream in washington. Weve got Fox Team Coverage across d. C. With Mike Emmanuel
on capitol hill, Molly Henneberg at the Justice Department, and lets begin with molly first. Good afternoon. Reporter hi, shannon. No
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.
Searches? you heard the white house council spokesman, he asked that and made a pretty wide dodge around that question. there have been a lot of questions about how transparent the president s team has been, because just yesterday we learned about a previously undisclosed visit that the fbi made to that former office where this all began&a lot of questions about why the justice department nor the president s team had previously disclosed this, especially because it was a pretty standard step when assessing a situation like this. another important thing that the white house council spokesman s touched on which i think is fair, clearly everyone was trying to move really quickly. today was robert herr, the special counsel s first day on the job but they have already conducted these two searches and there s a lot of desire to move this along as quickly as possible. josh, as you know, when it was first revealed that classified documents were found at president biden s former office and ho
the special counsel s investigation did not find that the trump campaign or anyone associated with it conspired or coordinated with russia in its efforts to influence the 2016 u.s. presidential election. let me be clear, a direct quoteo from the mueller report, the investigation did not establish that members of the trump campaign conspired, coordinated with the russian government and its election interference activities and that s not all. president trump has also been cleared of the issue of obstruction of justice. mueller did not draw a conclusion one way or another as to whether the examined conduct constituted obstruction for the special counsel did not conclude the president committed a crime, but read a little further. after reviewing the matter, the attorney general in consultation with the deputy attorney general who started this whole thing, rod rosenstein, concluded, the