Tonight, inflation signals flashing red.

Brand new data shows prices on the rise, a sign that companies are starting to pass tariff costs onto you.

Then, as MAGA rages over the Epstein files, the attorney general refuses to answer questions,

while her boss says it's up to her to release what she thinks is credible.

And Trump tries to win over Republican hardliners to get a key crypto bill passed in the House as the 11th hour gets underway on this Tuesday night.

Good evening once again. I am Stephanie Rule, and it is day 177 of the Second Trump administration.

And tonight, new inflation numbers are confirming what many economists have predicted,

that Trump's tariffs would drive prices higher and higher.

US inflation accelerated in the month of June, according to the latest report,

with the consumer price index rising 2.7 percent from a year earlier. The biggest driver,

housing costs. But food and gas prices also rose. Economists were quick to react to the data.

And I'm talking nonpartisan economists, the ones that work at banks, okay? Bank

America warning that the report provides, quote, ample evidence that the tariffs are being

passed on to consumers, while Wells Fargo noted, quote, one of the top questions we get involves

when will we see the impact of tariffs on consumer spending?

The time is now.

This morning, the president was asked for his reaction to the new numbers, showing inflation rising, and this was the reaction.

Very slight.

Essentially, they were exactly as anticipated, very low inflation.

So what you should do is lower the rate.

The Fed should lower the rate immediately.

We have a very, very successful country.

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