This is a rush transcript of "Hannity" on June 15, 2022. This copy may not be in its final form and may be updated.

SEAN HANNITY, FOX NEWS HOST: All right. Tucker, thank you.

And welcome to HANNITY.

All right. Tonight, once again, no shortage of bad news surrounding Biden's faltering economy. In a moment, we will cover today's whopping three quarters of a point rate hike from the Fed, the single biggest increase since 1994, and we'll tell you how this specifically will negatively impact the already horrific Biden economy.

But get this, we actually begin with some good news. The tide is already turning in the Washington sewer and swamp, help is on the way, in what could be a canary in the coal mine moment for the Democratic Party.

Last night, there was a special congressional race in south Texas. It saw a very deep blue sea turned bright red. Now, Republican Mayra Flores easily defeated her Democratic opponent by eight points in District 34.