And jake, look at how that 41% stacks up among his modern era predecessors at this point in their presidency. joe biden is down here at the bottom of the heap with donald trump and jimmy carter, two one-term presidents where his approval rating is right now at this point in the presidency. not a place you want to be. cnn political director david chal wherein. thanks so much. let s dig into the federal reserve s interest rate hike today. we re joined by betsy stevenson. we also have with us former reagan and trump campaign adviser arthur laugher. betsy, let me start with you. as we said the half-point increase in the interest rate, the biggest in 22 years. what kind of loans will be affected by the fed s announcement today? well, when the fed raises rates by half a point, that s affecting directly the inner bank rate. that s not what americans care about. what they care about are car