I am here today to answer any legitimate questions and the House Oversight committee may have for me. Shall i allow hunter to give his Opening Statement first . It doesnt appear mr. Biden showed up for his public hearing. With any luck today marks the end of what may be the most spectacular failure in the history of an congressional investigations. State your iniry because we were a very important hearing what is your inquiry . It is not a stunned. I am simply asking you dont have a parliamentary inquiry . Chair recognize him mr. Chairman chairman recognizes mr. Does the committee how the Text Messages . Mr. Chairman we dont have time for games by democrats today. House Impeachment Hearing at 80 he did start, republicans and democrats taking shots at each other with two of Hunter Bidens former Business Partners. Hello and welcome everyone im sandra smith and dajohn craig to be with you. John great to be with you, what a hearing today, im john roberts in washington and this is america r
A federal Appeals Court puts a texas Border Security law on hold again only hours after the u. S. Supreme Court Allowed it to go into effect. Now we go back to square one with oral arguments in a Court Hearing beginning two hours from now. Much more on that coming up momentarily. First, however, there is this right now. If he does not show up, then it is not going to end well for the bidens. They will be multiple criminal referrals. Bill is Hunter Biden Bluffing . The first son says he wont show up for a public hearing on his overseas Business Dealings but he has surprised us in the past. Good morning, everybody. Bill hemmer live in new york. The hearing begins in an hour. Hello. Dana ready for it . These hearings happening at a good time in our hour. Im dana perino and this is americas newsroom. Less than an hour from now is when the House Oversight committee will hold the public hearing on the bidens alleged Influence Peddling. Two of Hunter Bidens Business Associates will appear and
The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week but actually more likely in december. Dimitri, how have consumers and businesses really responded to the rising Cost Of Living
Shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects to raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week but actually more likely in december. Dimitri, how have consumers and bu
A lot of the inflation, if you look at it in the us, is really coming from shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week