The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. Fed officials, led by Chair Jerome Powell, had kept their rate unchanged this year as they evaluated the impact of tariffs, tighter immigration enforcement, and other Trump administration policies on inflation and the economy. The only dissenter was Stephen Miran, the recent Trump-appointee.
A suspect has been taken into custody after a driver rammed a car into a security gate at the FBI building in Pittsburgh, then removed an American flag from the back seat and threw it over the gate before leaving. FBI spokesperson Bradford Arick says the man was taken into custody Wednesday morning after 10 a.m. No other details were immediately available. The FBI describes it as a targeted attack but confirms no personnel were injured. Christopher Giordano, an assistant special agent, says the car had a message on one of the windows. He also says the FBI is familiar with the man, who had visited the field office weeks ago with a complaint.
Florida Attorney General, James Uthmeier joins Mike to discuss new revelations that Joe Biden's FBI targeted conservative groups and even spied on Charlie Kirk's Turning Point USA!
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