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guns in this country. we ll bring you all the breaking developments from the supreme court as they all happen this hour. that s right. also this morning, we follow several economic stories. hours from now, we could potentially see the biggest interest rate hike in decades. experts believe that the federal reserve is poised to hike rates as much as 0.75%. that may cool inflation, american consumers would feel the impact in many other ways. mortgages, car loans, credit cards and student borrowing would all become more expensive. also this morning, in an effort to drive down historically high gas prices, the biden administration is putting pressure on oil companies for, quote, concrete ideas, lower rising costs. we are following all of that. also, new details on mike pence to block the certification of the election. vice chair of the committee. congresswoman liz cheney teasing ahead to tomorrow s hearing releasing a portion of a taped deposition with former trump whi ....
Very well respected, well known conservative retired federal appellate judge, michael ludig, according to liz cheney, has indicated and this will come more in the hearing, that the pressure put on pence by the former president, likely violated two federal statutes. can you, go ahead. no, i mean, michael ludig is someone very famous within legal circles. as a young lawyer, he was the lawyer in the george herbert walker bush administration who pushed clarence thomas through the nomination. he was thomas closest adviser. he came this close to being nominated to the supreme court by george w. bush for the seat that went to samuel alito. this is a hardcore respected, very conservative former appeals court judge. so he s not just some random person with an opinion. ....
The election. vice chair of the committee. congresswoman liz cheney teasing ahead to tomorrow s hearing releasing a portion of a taped deposition with former trump white house lawyer, eric kershman, not to interfere with the transition. watch. i don t want to hear any other words out of your mouth other than orderly transition. those words to me. eventually, he said orderly transition. i said, good, now i ll give you the best free legal advice you re ever getting in your life. get a great f-ing criminal defense lawyer. you re going to need it. much more on that in just a moment. let s begin with the economy. today, the fed expected to hike interest rates the most in nearly 30 years. our matt egan is with us. john harwood at the white house. ....
Anchor of inside politics. so jeffrey toobin, we heard hershman warning eastman who was trying to perpetuate the lie, right, and trying to help the president block the results. that s an insider from the white house at the time saying that which is just remarkable to hear. how significant is it? one of my favorite things about the video is in the background, there s a baseball bat with the word justice on it. and i think that s a pretty good description of eric hershmann, a ferocious partisan republican. i mean, this is not adam shiff talking about donald trump. this is a very tough republican lawyer saying to another trump lawyer, you should be worried about going to prison, about what you re doing. i think it is highly significant ....