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now that nancy pelosi is in asia, there are questions whether she will visit taiwan or not. something the chinese government has been threatening her not to do. 99 days before the midterm elections. we re keeping a close eye on big races across the nation. five states, michigan, missouri, kansas, arizona and washington will hold primary elections tomorrow. all eyes on kansas, where boorgs rights will be on the ballot for the first time since the supreme court overruled roe v. wade back in june. voters will decide on a constitutional amendment that could pave the way for more abortion restrictions. next door in missouri, three candidates are locked in a tight race for the republican nomination to succeed retiring senator roy blunt. all three seeking donald trump s endorsement, which he hasn t given yet. with us to start our coverage this hour is dasha burns in kansas. and washington correspondent in missouri. dasha s this the first major test of abortion rights on the ....
more on all of that later this hour. but first the critical decision set to drop soon from the federal reserve. and cnn business correspondent rahel solomon is here with us. walk us through what is to come in the next hour or so and why it really matters. so the expectation is that chairman powell will raise rates about three quurs of a percent. that is not one to one in terms of borrowing costs. we won t see borrowing costs raise 75 basis points. but it does influence all of the categories. so costs will continue to go up. and i want our viewers to enter understand what this really means for them, for their wallets. and i know you ve pulled a few examples. yeah, i ve been working the phones. let s start with credit cards. we ve already seen credit card rates accelerate quite rapidly this year. and right now the average rate is about 17.5%. according to bank rate, if you are holding a $5,000 balance which is the national average, you have a current ampt pr of 17.2 ....
And twhas they said this morning on morning joe. we have had congressional leaders go in the past, including the speaker of the house. there s nothing unusual about this. it s frankly disconcerting that the chinese might use this as a pretext to actually increase the tensions. and it has been the chinese side over recent weeks and months. even before there was talk about speaker pelosi trip, to increase the tensions across the street. many people pointing to the same thing that kirby is pointing to in that sound byte saying they are reading a lot into the proemt of chinese politics and for president xi himself. by the way they are reacting to this trip in talking with congressman andy kim, who is also on the trip with pelosi right now. he said that this moment says a lot more about where china is right now in regards to the u.s. than about pelosi herself. but certainly she the person that china is looking at. she make this is swing through asia with some of her ....
The facts forming. reporter: and the freshman term pro trump riot er attacked the capitol. and he voted to impeach proemt over his role. now he could lose his job because of that vote. is that concern of yoers that you got defined by this? i think that you always have a moment where you say i could take the easy way or i can actually follow where my conscience is. if your number one job in office is to stay in office, you should find another job. reporter: you don t regret that vote? not for a second. reporter: despite maintaining a conservative voting record, republicans see him as the clear underdog in next tuesday s primary. yeah, its of the biggest career ending move in history. reporter: john gibbs is trying to unseat him, former housing official who has the support of the former president, ....
Pathetic. they referred to possible come promont they had on him and didn t think of him. are they ready to act? sometimes it s best with held to use pressure, but i think it s interesting to look at the case of the prime minister of hungary who did a complete 180, complete about face became very much a putin puppet. this is in the book, i talk how the russian mafia appears to use come proemt on him and he did a 180. we only scratched the surface here. it is out now. craig unger, thank you splump for being with us. appreciate having you. thanks very having me. paul manafort s fraud trial. we ll go live to the courthouse when morning joe comes right back. fidelity is redefining value for investors. ....