now, should congress not do that and brings the debt ceiling then the u. s. faces people to which could have lots of national and even global consequences. so president biden exploring ways in which you can work together with the speaker of the house. remembering that the republicans now control the house of congress. and that is the key issue for the bite and administration, but at the same time, it's making clear it does not want to make any concessions in terms of government funding. and this is something that many republicans are demanding happen that concessions are made in terms of slashing federal funding in return for a republican dominated house to raise that debt ceiling. okay, thanks very much mike. that is my can of for us from washington d. c. u. s. federal reserve has raised its target interest right by a quarter of a percentage point, the central bank continued to promise own going increases in borrowing costs, as part of its battle against inflation. the statement, the fed said inflation has ease slightly from the 40 year highest hit last year, but it is russia's worn ukraine was still adding

nation and serve our people. >> democrat seth magaziner represents rho island's second congressional district in the 118th congress, where 's one of nearly 80 new u.s house members. a former public school teacher before getting into politics, he told c-span about growing up in rhode island in a town he said was especially patriotic. >> raised in bristol, rhode island, the most patriotic town in the country. we have the oldest running fourth of july parade in the entire united states. i live in cranston, rhode island now with my wife, julia, and our 15 month old son, max. >> did the patriotism of your hometown continue throughout the year? >> yes, so actually the bristol fourth of july celebration starts every year on flag day june 14th. and they have events every single day from june 14th through july 4th, concerts road races, all kinds of things. and growing up in an environment like that, you come to value the importance of public service from a young age, because you see people coming together to celebrate those who served in the military as first responders, as elected officials. and in a shared sense of honoring this c