it is now highly lookly the united states won t be able to pay its bills by early june. also tonight, trump accuser e. jean carroll is seeking further damages from the former president for disparaging comments he made about her during a cnn town hall. and in ukraine after months of brutal fighting, it now appears bakhmut has finally fallen to russia, but ukrainian forces say they still hold a small portion of the totally ruined city. i ll get reaction from the former ukrainian defense minister. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. let s get straight to our top story right now. the speaker mccarthy and president biden, they are diving into another round of debt limit negotiations as the treasury secretary issues her starkest warning yet, that default is now just a few days away. we re covering the story from every angle over at the white house up on capitol hill. let s begin over at the w
the crime. that is what we are watching this hour. hello, everyone, thank you for being here, i m kate bolduan. right now the supreme court is hearing the arguments for two cases that are at the heart of americans. at the heart of it is the biden administration student loan forgiveness program. the argument is that the president overstepped his authority here when he said he would give up to $20 million in student debt. that is a lot of money for a lot of people and hanging in legal limbo today. signs of how much interest there is in the court decision, take a look at the crowds out in front of the court this morning. jessica snyder is also live outside of the supreme court as this is playing out. she is joining us now. jessica, you are listening to the first hour-ish of oral arguments. what are you hearing? the justices are zeroing in on the price tag of the program, and whether the president way of the extensive program. these are the numbers. 40 million students are
struggling first republic, the hope is that this massive cash infusion will calm markets and stop a panicky selloff. plus trump special koubl takes sweeping steps to get questions answered. subpoenas for workers from trump s communication handlers to the staff member caught on video helping move boxes in ask out of a storage room. and next week china s president makes a state visit to russia. the trip has consequences for ukraine s war of survival, and it happens the day the hague issues an arrest warrant for the russian president. up first, another bank saved from ruin. 11 banks, $30 billion, that s how much money is and how many lenders it took to save first republic from going the way of silicon valley bank. $5 billion from bank of america, wells fargo, jpmorgan and citi, $2.5 million from goldman sachs. this deal from the mega banks included behind the scenes talks between the treasury secretary, the fed chair and the jpmorgan chase chief. the goal, the rescue retur
peaked and how much you pay in your everyday life will soon go up. donald trump goes under oath and refuses to answer moments. a marquee moment into the investigation into the former president s finances. he faced questions from new york s attorney and lawyers in the new york attorney s office. we know trump did what he says only mobsters do, pleaded the fifth. trump saying, under the advice of my counsel and the above reasons i decline to answer is the questions under the rights and privileges to every citizen under the constitution of the united states of america. tell us more. reporter: trump around here at 9:00 a.m. he said he was going to assert his fifth amendment rights and not answer any questions. trump said what he said only mobsters do. today he is taking the fifth because the new york attorney general leading this investigation letitia james, he has called her racist and her investigation is politically motivated so he was not going to answer any questions.
carrying on his climate agenda, despite the supreme court ruling that curbs the powers of the environmental protection agency. and we re live from the weather center on what could be a rocky start for travelers this fourth of july holiday weekend aloss the u.s. we begin in ukraine, where a weapon is starting to gain action on the battlefield. ukraine has used the rocket launchers to take out russian command posts and other targets. four of those systems are in ukraine with four more on their way. meanwhile, president zelensky is accusing russia of terrorism, following missile strikes on a residential area near odesa. he says no one should buy russia s usual spins on attacks like this one. here he is. translator: three missiles hit a residential building, where no one hit weapons, military equipment or ammunition, as russian propaganda and officials tell about such strikes. i emphasize, this is a deli deliberate, purposeful russian terror, not a mistake or an accidental