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know how this ends. breaking news courtesy of a brand new statement that just crossed from donald trump. his home in mar-a-lago is, quote, under siege, raided and occupied by a large group of fbi agents. stunning news overnight, the fbi raid on the home of the former president. search and seizure, the fbi descends on trump s mar-a-lago home. we have a breaking fox news alert. the fbi has raided former president trump s home in mar-a-lago. federal law enforcement authorities would have had to go to a judge and bring to that judge a request for a search warrant. we begin this hour with one word unprecedented. today we are in uncharted territory. the fbi search at mar-a-lago has no parallel in american history. that s all true, and that s all sinking in. the first ever search of the former president s home setting what is today something we didn t have until yesterday. a new legal precedent in america. that matters for the law. it s captivating many, many ....
powell. taming inflation, powell warns, will require some painful let s get straight to the business correspondent. powell s warning really led to a jolt on wall street. that s a pretty significant drop. really spooking wall street and main street in terms of the messaging we heard here. we haven t seen a day like this in the market since mid june. every sector in the s&p closed lower today. it was a broad-based sell-off as investors parse through what the federal reserve chairman was trying on get across. he talked about the fed will not stop raising interest rates until they are confident. he said we will keep at it until we re confident the job is done. the job being lowering inflation. the the concern in the markets is that when it is all said and done, we will likely be in a very different place economically in terms of consumer spending, the labor market, and the fear is that we are much more likely heading toward a recession. every time the fed has to be more a ....
Affidavit notes there is not a secure location authorized for the storage of classified information. the search was not just about getting documents bag. agents also believed that evidence of obstruction will be found at the premises. our reporter has been pouring through this 38-page affidavit throughout the afternoon. reporter: startling flew details about the hundreds of pages of documents former president trump kept at mar-a-lago for months as the national archives tried to get them back. the top secret stuff and compartmental can get people killed. it is completely alarming. reporter: the now unsealed affidavit revealing 14 of the 15 boxes the archives retrieved in january, 2022, contained classified information. 184 unique documents in all. 67 marked confidential. in a marked secret and 25 marked top secret. including documents with markings like hcs. particularly alarming to ....
Has been. when you look at the history doesn t look like this is an area you want to mess around with if you re holding the docs. correct. look, the cases you mentioned in the last segment, you have situations where each person did something bad. sandy berger took the documents and stuck them in his socks and elsewhere. he knew he was doing something wrong. petraeus lied because he knew it was wrong. the question here is, there s conversation and interaction between the national or kais and trump camp. what did he say and what did he do? so obviously he didn t give everything back because the archives are saying, we want our documents bag. it may well be at the end of the day this case is about that. give us our documents back. they re important to national security. we re taking them back. but i may be more than that, because he lied about it or did something urn the table, not wanting people to see what he was doing. given his history, if it s true about ripping up documents and ....