3 Things To Know Today

1 No Classified Docs Found At President's Delaware Beach House

President Biden's attorney says no classified documents were found at the President's home in Rehoboth Beach, Delaware. The FBI searched the residence yesterday as part of the ongoing classified documents investigation. Biden's personal lawyer, Bob Bauer, says it was a "planned search" that had the President's full support and cooperation. Bauer added that the search lasted under four hours, from 8:30 a.m. to 12 p.m., and no documents with classified markings were found. This comes after classified documents were found in Biden's Wilmington residence and a think tank office in Washington, DC. It was also revealed this week the DOJ searched the offices of the Penn Biden Center following the discovery of classified documents there. Attorney General Merrick Garland assigned a special counsel to oversee the investigation.

2 Fed Raises Interest Rate A Quarter Percent

The Federal Reserve is raising interest rates again to bring down inflation. The central bank increased rates by a quarter-percentage point. Fed Chairman Jerome Powell says while inflation is indeed slowing, it remains too high. He adds that he anticipates “a couple” more hikes will be needed to bring inflation down to the Fed's 2% goal. According to those forecasting experts, the Fed may raise rates to about 5% before stopping. However, that will depend on whether inflation continues to decelerate. Meanwhile, Powell hinted that rates could rise even more if incoming data shows things are worsening.

3 Tyre Nichols’ Life Mourned, Celebrated At Memphis Funeral

Vice President Kamala Harris, Reverend Al Sharpton and Spike Lee were in attendance at Tyre Nichols’ funeral yesterday, along with many members of the religious and activist community. The Vice President said the "violent act" that lead to his death was not in the pursuit of public safety and Sharpton said the death of Tyre is personal to him because it happened in the city where Dr. Martin Luther King, Jr. was killed. Nichols’ two sisters and brothers spoke at the funeral, as did his mother and stepfather. Multiple pastors offered words of comfort to Tyre’s family, George Floyd’s family and all the other families touched by police brutality. Tyre’s sister Keyana talked about how easy it was to look after her baby brother and how he was polite to the very end, asking officers to “please stop.” His other sister LaToya read a poem she wrote called, “I’m just trying to go home.” Sharpton, Harris and the members of Nichols’ family called on leaders to pass the George Floyd Justice in Policing Act that would force officers to think twice before using force. The legislation was first introduced in the House of Representatives in February 2021. Harris said President Biden will sign the bill into law if Congress passes


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