and remembering an icon. tina turner the queen of rock & roll. and we begin this very busy hour with very latest from washington where time is literally running out for negotiators to reach a deal to raise the debt ceiling. there s just one week until the treasury secretary s estimated deadline to stave off what could be a devastating debt default. top credit agency has now put the country s aaa credit rating on negative watch. pointing to partisanship as hindering a solution. here is what speaker mccarthy had to say just this morning. everybody is very professional in these meetings. look, i m a total optimist. we will get this done, and we will have a better bill because of it. and joining us this morning with more is garrett haake. also with us, cnbc s dominic chu. garrett, mccarthy seems optimistic about a deal. what are you hearing from the democratic side? no, that s exactly right, jose. on the fitch part of this specifically, democrats are frustrated. t
arthel: hi eric hello everyone i am arthel neville. the former president posting the claim on a social media platform, truth social commerce illegal leaks point to his arrest on tuesday. all eyes now on mr. trump s homes in florida and new york city. so what does the d.a. say? looks very late so that let s go to nay for expanding by the newsroom with all of this hell of nay s request after making the announcement truth social this morning president trump is now going after president joe biden on his true social counseling the president is surrounded by quote evil and sinister people. trump is also very critical of manhattan district attorney alvin bragg s office is investigating this hush money case. president trump posted on true social with no crime being able to be proven and the fully debunked by numerous other prosecutors fairytale company for in weight leading republican candidate former president of the united states of america will be arrested on tuesday of next week
pace since june. and that could have major economic and political fallout. lucas tomlinson is live at the white house with more on this. lucas. reporter: jon, jp mayor began ceo jamie dimon thinks the fed has lost some control over inflation. a chemming contact congressman representing joe biden s home hometown in scranton responded earlier on fox. i wouldn t go that far, but what i will say is i think they got a late start. i think they should have started ticking interest rates up a little bit much earlier, maybe six months earlier than they did. reporter: new economic data shows inflation is getting worse. the personal if consumption execs pendtures price index, the fed s preferred gauge for inflation, rose .6% in january. the annual inflation rate also rose to 5.4%, the first increase since it peaked in june making some wonder if the fed is behind on inflation. president biden reacting to the economic news in a statement which read in part: annual inflation in janua
watching simone. we are following breaking developments on the tyre nichols story. reaction and condemnation are pouring in. just last night s release of the disturbing and dramatic video showing the brutal beating of police officers who led to his death. in memphis and in cities across the country, there were gatherings honoring tyre nichols. he was a 29 year old son, a brother, a father. and those gatherings are protesting his killing which should have never happened. we are unpacking the painful truth in this video. we are going to answer questions about the officers charged with murder. and how to answer the culture in america so that we stop repeating this tragedy over and over again. i am someone and i have something to say. by now you may have seen the video of memphis police officers beating tyre nichols. an assault that started with a traffic stop and ultimately caused his death. you may still be processing the brutality, the inhumanity, the reality of what you
primaries today including california. bill: topping voters concerns is the price of gasoline. another day and all-time high. $4.91. we hit 28 new highs. the number more than doubling since biden took office. dana: 6 in 10 people are pessimistic on achieving the american dream. we begin at the white house with peter doocy. imagine, peter, the white house is you would think they re feeling some pressure. are you seeing any evidence of that? if they are feeling pressure, that s not exactly what they are saying at the microphone because as many americans including those polled are wondering what more can be done to lower gas prices, officials here are saying we ve already done it. like tapping the strategic reserves. a million barrels a month for six months. that is a big, big deal to be able to do. the home grown biofield, e-15 will help families in the midwest. we understand there is more work to be done but we re continuing to take steps and encouraged because of wh