This week, New York Attorney General Letitia James announced a lawsuit against former President Donald Trump claiming he falsified property values. The move comes amid an ongoing investigation into classified documents from Trump’s Mar-a-Lago property. The former President claims that the actions were politically motivated. Host of FOX News Sunday Shannon Bream joins the Rundown to discuss how the former President’s legal troubles could help him politically, the House Republican agenda as they approach the midterms, and the recent nuclear threats from Russian President Vladimir Putin.
The Federal Reserve has approved its third consecutive 0.75 percent hike in interest rates, with all economists viewing this as an aggressive move to stifle rising inflation impacting Americans. Stocks suffered on Thursday, with the latest rate hike foreshadowing economic pains for consumers including a heightened likelihood of a possible recession. Fox Business Correspondent Gerri Willis joins the Rundown to break down how this interest rate hike will raise American debt when it comes to housing, credit and loans. She explains the major cooldown in the housing market, the prospects of a coming recession, and how American debt will become an issue for taxpayers down the road.
Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.”