this afternoon. the arrest on this a federal charge comes after local authorities released him under new york state law allowing cashless bail. alexis mcadams is live the new york newsroom, alexis p. john good evening. we are learning more about the new charges. he was a free man until just a few hours ago when he was arrested a second time. this time on a federal charge. taking into custody we are learning more about what other charges he could face. it could be up to ten years behind bars for take a look here this is our suspect we are talking about priest now been identified david from fairport new york. now federally charged with assaulting a congressman with a dangerous weapon. now just moments ago congressman lee zeldin reacting to the federal charges i m thankful federal authorities came in to do it new york state broken criminal justice system could not bear. uphold the rule of law for the state must prioritize the safety of law-abiding new yorkers over criminals p
of the 11th hour, stephanie rule, tom costello with us, white house correspondent carol lee and host of public radio s full disclosure. the news is in, stephanie, three quarters of a point. we thought originally it was going to be 50 basis point but jay powell is in a situation. we are in a serious inflationary environment. normally the fed likes inflation to be around 2% and it s currently approaching 9. so 75 basis points is a big move but it s still tricky because what they don t want to do is move so much so quickly that they push us into recession. but if they don t do something aggressive, prices will likely continue to rise and the economy is suffering for it, especially right around gas prices. this is a big move. it s not unexpected. it s the thing that people have been waiting for. most economists across the board have said this should have happened months ago. markets are going to take this as a positive. robin, it is hard to thread this needle, though. the
spotted by the press pool at a video conference meeting with economic team. he gave a thumbs up when reporters shouted how is he feeling question at the white house certainly going to great lengths to show the president is still able to carry out his function, still able to talk to staff and hold meetings. especially focus on all things of lowering gas prices. late last night he tweeted gas prices have declined by an average of 60 cents per gallon over the past 38 days. five straight weeks of gas prices coming down. while he is right gas prices are coming down from there at record highs in mid june, critics are quick to point out prices at the pump are also still up significantly from just a year ago. think how crazy it is for them to be bragging the prices have come down with the national average is still above $4 a gallon for gas. two dollars more than it was when president biden came into office. this is nothing to brag about. we are expecting to hear a lot more from both partie
per barrel was also $120. so they re trying to figure out how to come up with some way of lowering gas prices, which is one of the core planks of the president s plan to fight inflation. so what the white house is asking is that these companies engage with the administration and explain why they re not doing more, producing more and to try to come up with solutions for lowering gas prices. now, the companies push back and say, look, we re not producing more because of the president s climate change agenda, reducing dependence on fossil fuel so it s a bit of a fight but more than the white house wants to have. steph, can you speak to that? we re seeing the president saying you have record properties, it s not fair as an oil company to have record profits on the backs of