Morning Wire Wednesday Afternoon Update | 2.1.23
Feb 1, 2023
Get the latest on key political and economic shifts, including a significant interest rate hike by the Federal Reserve in light of rising inflation. Discover updates on FBI investigations involving President Biden and hot-button issues around transgender medical procedures. The podcast also delves into a D.C. shooting incident, educational policy debates, and the fallout from extreme weather in Texas. Plus, find out about Tom Brady’s retirement and the legal troubles surrounding Alec Baldwin and an Eagles player.
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Federal Reserve Rate Hike
- The Federal Reserve implemented its smallest rate hike in almost a year, raising the key interest rate by 0.25%.
- This marks the eighth such hike since March, indicating ongoing efforts to combat inflation.
FBI Search of Biden's Vacation Home
- The FBI searched President Biden's Rehoboth Beach vacation home, as part of the classified documents investigation.
- Although no classified documents were found, handwritten notes and other materials from his vice presidency were taken.
Trump's Stance on Transgender Procedures
- Former President Trump pledged to ban transgender medical procedures for children if re-elected in 2024.
- He intends to issue an executive order ceasing federal programs promoting gender transition at any age.