i mean, people deserve breaks, right? yeah, brakes.! [out of control] book an exam today at americasbest.com. preparing for the surge. president biden boosting the u.s. military presence along the southern border now. he plans to send 1,500 regular troops in anticipation of an influx of migrants. we ll take you live to the streets of el paso, texas. the city there already under a state of emergency. plus, a stabbing spree. three stabbings in less than a week. two people are dead as a small california college town grapples with a wave of violent crime. police are pleading for the public s help. the treasury secretary warning the u.s. could default by june 1st if there s no deal on the debt ceiling. could president biden and kevin mccarthy help avert a potential financial disaster. that s coming up all right here here. a major move from the white house amid growing concerns of a massive influx of migrants at the u.s./mexico border. sources tell cnn president biden plans
we bipartisanly passed the respect for marriage act. don t say we can t get along. years ago, i wrote with great consternation, but we ve reauthorized it again, the violence against women act. the electoral reform act. folks, we did that in a bipartisan way, democrats and republicans did it. i don t know why they don t acknowledge any part of what s making the country again, but in addition, we passed the american rescue plan. the inflation reduction act, and the people sent a clear message. fighting for the sake of fighting gets us nowhere. there s things that we ve got to get things done. that s always been my vision for the country, and i think that s what the american people said in this off year election. yesterday i went to wisconsin, nice and warm like down here. [ laughter ] to talk about how we re building an economy from the bottom up and the middle out. i m so tired of trickle-down economy. not allowed to trick down at my dad s table when we re growing up. today
payment made to adult film star stormy daniels before the election. these developments come as trump is calling for mass protests, claiming he expects to be arrested tuesday over the alleged payment to daniels case. in a statement on social media, he urged his supporters to, quote, protest, take our nation back. trump dialed up the rhetoric with a follow-up post saying, quoting now, we just can t allow this anymore, we must save america, protest, protest, protest. the posts are alarmingly similar to his calls prior to january 6, 2021 and have new york officials bracing for whatever may happen. fw gloria, what more do we know about preparations for the week? behind me is a new york criminal court with are on any given day hundreds are processed through the system. next week former president trump could be one of those people creating a security and logistical problem for one of the most congested areas of the city. law enforcement agencies, everyone from the nypd to federal
you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own problems to
. . . . you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy. joining us is cnn economics and political commentator catherine, first i want to go cnn anna stewart. put this in perspective, how big of an announcement is this. this was for the time one of the biggest banks in the world and definitely a major bank in europe. being in the midst of a huge set of restructure the last couple of years, it was already under pressure and you ve seen the pressures on the banking sector with silicon valley bank, you can say it was a weak link started to debuckl