plus, where things stand on the debt limit. with just one week for possible default. then, target, pulling pride themed merchandise from stores. how it played out online and what is next for the company. and, the possible economic consequences of ron desantis s immigration law and the impact that could be felt far beyond florida as the 11th hour gets underway on this thursday night. that evening once again, i am stephanie ruhle. the feds passed a major milestone in bringing january 6th insurrectionists to justice, today elmer stewart rhodes, the leader of the right-wing extremist group, the oath keepers, was sentenced to 18 years behind bars for seditious conspiracy, it is the longest sentence in any of the january six cases, nbc s candle has more on what went down in court. a former army paratrooper who graduated from lost school, once wore an orange jumpsuit during the court hearings. he show no remorse to finally telling the judge that he considered himself a political
this just one day after a new warning of potential attacks of the 2024 election, plus where things stand on the debt limit, with just one week until possible default. then, target pulling pride themed merchandise from stores. how they played out online, and what is next for the company. and the consequences of ron desantis immigration law, and the impact that could be felt far beyond florida. as the 11th hour gets underway on this thursday night! that evening once again, i am stephanie ruhle. the feds passed a major milestone in bringing january 6th insurrectionists to justice, today elmer stewart rhodes, the leader of the right-wing extremist group, the oath keepers, was sentenced to 18 years behind bars for seditious conspiracy, it is the longest sentence in any of the january six cases, nbc s candle has more on what went down in court. a former army paratrooper who graduated from lost school, once wore an orange jumpsuit during the court hearings. he show no remorse to
republicans who have the power to derail any deal are urging mccarthy to hold out. until democrats slash more spending. nbc s aly vitaly with republican chip roy. don t take an off ramp that is five exits too early. a deal for the sake of a deal, is no good. democrats worry that the president may be giving away too much to get a deal. progressive, pamela jayapal telling nbc news, i think that the backlash would be significant. if somehow we were to be bullied into a bad deal. the stakes are high, as early as june 1st, the treasury department could start missing payments. which could trigger a wall street meltdown. with 401(k) s losing value. then a potential hike in interest rates. making mortgages, and credit card bills more expensive. and within weeks, it could spark a recession. a massive judge losses. the house is not in recess, the speaker says that members will be called back to d.c. if there is an agreement. with that, let s get smarter with our help of our lead off
nbc s aly vitaly with republican chip roy. don t take an off ramp that is five exits too early. a deal for the sake of a deal, is no good. democrats worry that the president may be giving away too much to get a deal. progressive, pamela jayapal telling nbc news, i think that the backlash would be significant. if somehow we were to be bullied into a bad deal. the stakes are high, as early as june 1st, the treasury department could start missing payments. which could trigger a wall street meltdown. with 401(k) s losing value. then a potential hike in interest rates. making mortgages, and credit card bills more expensive. and within weeks, it could spark a recession. a massive judge losses. the house is not in recess, the speaker says that members will be called back to d. c. if there is an agreement. with that, let s get smarter with our help of our lead off panel tonight. a reporter for the washington post, and coauthor of the morning newsletter, the early 202. former prosecutor,
continued to guarantee and buy loans during the housing downturn, to the point they are the mortgage market. as we know it. so, if the home prices turn down, we are we, the american taxpayer, are on the hook for mounting losses because of that. arthel: dagen, two things: if the taxpayers don t continue to fund, what happens? and if you don t hold a fannie mae and freddie mac mortgage, why should you care. that is a very good point, fannie mae and freddie mac at this point, if they step away from the mortgage market, it will be might be incredibly difficult, at this point, to even get a mortgage. that is the central question, the entire country has to ask. to what extent do you want your taxpayer dollars, the federal government involved in making mortgages and fannie mae and freddie mac, if they disappeared would private investors and private lenders step into the fray? maybe, maybe not. we don t know. but, interest rates would be higher, but, if interest rates go up, home prices