On a two-hour call with Chinese President Xi Jinping today, President Joe Biden warned of “consequences” if China helps Russia avoid the effects of Western sanctions. Today, we’ll look at how China could backfill the hollowed-out Russian economy. Plus: Government money for COVID boosters is running out, and a Texas town is going all in on crypto. We’ll kick off the show with our panel of experts, breaking down the what and the why behind the Federal Reserve’s interest rate hike.