bring down inflation or ease up on the fight to calm the banking sector. downplayed the federal reserve through all of this. we started out the sa santa clas by bringing zero interest rates which pushed people out of saved investments into venture capital. they became the arsenate dome arsenate during covid m no one would loan it to us the $5 trilf thin air and that caused inflation. but don t worry, they came in as the firefighters to put the fire out by dousing it with high interest rates. now, they are like the triage doctor to stabilize the patients, which are the banks. ashley: alexandria hoff with more from washington, alex. good morning, the federal reserve is in a tricky spot with rising consumer prices being revealed today. it has led to a rate hike but giving the turmoil the interest rates have caused the fight against inflation may have to be placed on hold. it was an attempt by silicon valley to lower interest rate risk which led to selling off securities we
steve: look at that. we have a new logo and new music. we are in a new room. it s kind of a new week. it s 7:00 here on the east coast. it is tuesday, may 28th, 2024. welcome to fox & friends and brand new studio, studio b. our top story this hour. a manhunt is underway two of four inmates who escaped a louisiana jail are still on the loose. lawrence: plus, democrats reportedly in full blown freakout mode over biden as we are about five months out from the election. ainsley: and what is the most annoying thing to americans? there s a list. do you want to hear the most annoying sound in the world? guys, guys, guys. ainsley: second hour of fox & friends starts right now. and, remember, mornings are better your friends. steve: eh! ainsley: wake up. steve: screaming at the white house. we will tell you about that in a minute. turn to the latest on former president trump s new york criminal trial, closing arguments are set to begin today after more than four we
Democrats cynically used TikTok as an outreach tool during the 2022 midterm elections, even though they knew it was Chinese spyware. President Joe Biden is prepared to do exactly the same for 2024 as well.
President Joe Biden will be relying heavily on the power of social media, with an emphasis on mobilizing young voters, in his still unannounced reelection bid.