tapping the brakes i'm leicillicero fox news a stopgap government spending bill is in jeopardy after strong opposition from the incoming

administration president elect trump says he's totally opposed to the continuing resolution that would fund the

government until mid-march saying he wants a bill that would include a debt-sealing increase without

what he called Democrat giveaways. He and Vice President elect Vance in a joint statement on

social media, saying if the Democrats threatened to shut down the government, unless we give them

everything they want, then call their bluff. Without congressional action, the government's

ability to spend money expires at Friday

midnight. That could lead to a partial government shutdown. Fox is Jack Hallahan. As expected, the Federal

Reserve has slashed its key interest rate again. The Federal Open Market Committee decided to take

another step in reducing the degree of policy restraint by lowering our policy interest rate by a

quarter percentage point.

Chair Jerome Powell, who signaled the Fed expects to reduce rates more slowly next year,

largely due to still hot inflation.

Two cuts are expected for next year if the economy grows steadily.

And if inflation continues to decline, the news from the Fed sending the markets into a tailspin.

The Dow lost 1123, the NASDAQ off 716, the S&P minus 178.

The Supreme Court agrees to hear an appeal from TikTok over a new lawn that requires a sale from its Chinese base owner or face a ban.

Arguments are set for January 10th, just days ahead of a January 19th deadline for

TikTok to be sold. A bipartisan vote in Congress set up the looming deadline amid concerns from the

administration that TikTok poses a national security threat because of the amount of data collected.

President-elect Trump supported the ban at the time,

but during the campaign, promised to save TikTok

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