on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
earlier. we are going to bring you another story. we will come back to events in nottingham shortly. you are watching bbc news. the other story we are following here in the uk today is the first day of a new phase of the covid inquiry. this inquiry is looking into how the government handled the covid pandemic. today marks the first day of public hearings, but they are expected to last for several years. today the inquiry has heard opening statements from counsel for the core participants, and that is what you are seeing on screen right now. let s hear from the bbc s ali are seeing on screen right now. let s hearfrom the bbc s ali price, and her report starts with some of the video testimonies from bereaved families that were played to the inquiry. families that were played to the in . ui . ~ families that were played to the inuui .~ families that were played to the in.ui . ., families that were played to the inuui . ~ ., ., inquiry. when we looked down at work, i inquiry. w
of the special counsel jack smith ongoing investigation into trump s mishandling of classified information and his efforts to overturn the 2020 election. this is a major development, and we are going to talk about it in just a minute with representative jamie raskin, who served on the january 6th committee. but we start with mar-a-lago. at this point you probably have seen a picture of trump s florida resort, once the winter getaway of areas mar-a-lago it is massive. it sits on about 20 acres of land, it has more than 50 bedrooms, and it has all the hallmarks of luxury. all the fancy stuff. italian stone, spanish tiles, a lot of marble, gold plated fixtures, expensive rugs, it also has a golf course and ballroom. a boutique, and not one, but two swimming pools. here they are. one is by the beach, in front, the other sits right in the middle of basically everything. now, i point these pulls out to you not just because pool envy is a real thing, especially in the summer month
possibility. right? somehow, by hook or by crook. good talker. thanks, chris. thank you to you at home for joining us this hour. we start tonight with significant breaking news, the new york times is confirming that mark meadows, donald trump s former chief of staff has testified to a federal grand jury as part of special counsel s jack smith ongoing investigations into trump s mishandling of classified information and his efforts to overturn the 2020 election. this is a major development, and we are going to talk about it in just a minute with representative jamie raskin, who served on the january 6th committee. but we start with mar-a-lago. at this point you probably have seen a picture of trump s florida resort, once the winter getaway of areas mar-a-lago it is massive. it sits on about 20 acres of land, it has more than 50 bedrooms, and it has all the hallmarks of luxury. all the fancy stuff. italian stone, spanish tiles, a lot of marble, gold plated fixtures, exp
half trillion dollars of debt. that would leave workers not getting paid and the economy could spiral into chaos. earlier, our correspondent gave us this update. us this update. lots of lawmakers us this update. lots of lawmakers are - us this update. lots of| lawmakers are walking us this update. lots of- lawmakers are walking around the capital are walking round giving their viewpoints, expressing their disappointment at the bill but, look, there s at the bill but, look, there s a lot of confidence. president biden is confident it will pass. a man named tom mellor who is the width of the republican party. they need 18 votes, 218 is what they need and he says they are very confident that republicans will pass it through the house and he said those who are making the noise haven t fully read the noise haven t fully read the bill and hisses when they do they will get on board. are we seeing any defectors quiz mac there is house caucus, the ultraconservative members of the r