The Federal Reserve raises interest rates for the first time in three years — and President Donald Trump is pushing back.

White House correspondent Jon Decker breaks down the Fed’s unanimous decision to raise its benchmark interest-rate target by a quarter percentage point to 3.75%–4.00%. Fed policymakers said inflation remains elevated, while Chairman Kevin Warsh indicated that restoring price stability remains the central bank’s focus.

President Trump responded by arguing that U.S. interest rates should be significantly lower. Decker explains what the Fed’s decision could mean for consumers and borrowers as policymakers signal the possibility of additional tightening.

Also, tensions between the United States and Canada take another turn after European Commission President Ursula von der Leyen proposed opening the door for Canada to become the European Union’s first “associate member.” Trump called the possibility a potential “hostile act” and threatened additional tariffs depending on how the arrangement develops.

Finally, Congress sends a major Russia sanctions package to President Trump. The House passed the legislation 262–159 after earlier Senate approval. The measure targets Russia and would give the president authority to impose tariffs of up to 100% on major purchasers of Russian oil and gas.