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FOXNEWS Special Report With Bret Baier July 7, 2024

bret: breaking tonight, president biden says he has taken america from economic crisis to economic resurgence. the president talked about what he called unprecedented investments in his bipartisan infrastructure law to a group in boston today. americans are still focused on the economy and specifically record inflation that more than half say is has caused financial hardship for their household. white house correspondent jacqui heinrich starts us off tonight from the north lawn. good evening, jacqui. good evening, bret. officials here won t say if inflation has peaked yet. tomorrow we will see the numbers which could give us clues about how aggressive the fed might be in their next set of rate hikes. for now the president is out defending his spending that his critics say contributed to the problem. we re going to be spending a lot of money. president biden hit the trood argue he is spending taxpayer dollars where it s needed like 62 million at boston s airpor ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

has to be more. if not, this doesn t make any sense. the biden administration is also under pressure amid calls to address why the federal raid was necessary. we have fox team coverage tonight. peter doocy with what biden officials knew about the events. jonathan serrie is at the scene of the raid outside of mar-a-lago. we begin with correspondent david spunt at the justice department with what top law enforcement officials are saying or not saying and some new breakdown of the news. good evening, david. bret, good evening to you. i m at the epicenter at the of the investigation into the former president and as you pointed out not saying things are quiet from attorney general merrick garland and fbi director christopher wray across the street at the j. edgar hoover fbi building. both were briefed on this before it happened. they knew well in advance this was going to happen. let s give you a little bit of a timeline how things have played out. had here is what we know ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

federal reserve is directly contradicting the president about the main driver behind that inflation. white house correspondent jacqui heinrich starts us off live tonight from the north lawn. good evening, jacqui. good evening to you, bret. for now rebate cards are out and the federal gas tax holiday is in. president biden s problem few democrats don t see the point. i fully understand that a gas tax holiday alone is not going to fix the problem. but it will provide families some immediate relief. president biden wants congress to suspend the federal gas tax for 90 days to bring down prices at the pump. but evidently didn t nail down lawmaker support before making the public plea and congress is lukewarm. house speaker nancy pelosi writing: we will see where the consensus lies on a path forward. democrat senator joe manchin indicated the votes may not be there at all telling abc. i m not a yes right now that s for sure. even if congress gets on board, there is ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

good evening, jeff. yeah, bret. after days of growing frustration within this community here in uvalde, texas, law enforcement now says mistakes were made. for the first time on the record, texas dps investigators admitting that there were kids inside the classroom with the shooter as the clock was ticking that might have been helped. people hindsight now that of course it was not the right decision. a wrong decision. there is no excuse for that. but, again, i wasn t there. i m just telling you from what we know we believe this should have been an entry as soon as you can. hey, when there is an active shooter the rules change. it s no longer, okay, it s no longer a barricaded. you don t have time. you don t worry about outer perimeters. we are also learning today the shooter entered through open door that had been propped open by a teacher. investigators also say most of the shots being fired in the first few minutes the local incident commander at the time of the ....

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FOXNEWS Special Report With Bret Baier July 7, 2024

questions if both were too slow to act. as mentioned, another tough day on wall street. the dow lost 237. the s&p 500 fell 23. the nasdaq dropped 30. today another new high for gasoline prices with the national average reaching $4.59 per gallon. the rising rates forcing some to cancel vacation plans this summer. we will address these issues and more with senate minority leader membership mcconnell in just a few moments. first, fox business correspondent grady trimble is in chicago where gas prices are soaring. good evening, grady. good evening, bret. on wall street, it wasn t as bad as yesterday but all three of the major indexes are down big this week. the nasdaq getting hit the hardest. dropping more than 3.5%. investors are worried rising costs and falling consumer demand are eating into company s bottom lines especially after disappointing earnings from two of the country s largest retailers. retailers are also concerned about the rising fuel costs which could in ....

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