house. both sides pointed to negotiating teams to focus on the issue and two sources familiar with the discussions say they held a late night meeting at the capitol. we have a shot at exactly the roosevelt room right where the president is expected to come out and speak in just a few seconds, but i want to go with nbc capitol hill correspondent ali vitali. good morning. there is only 15 days left until the june 1st deadline. where do things stand now and where do they go from here? reporter: well, look, they re looking a little bit better today than they were over the weekend and yesterday. certainly now all parties seem to agree that default is not an option and they said it pretty clearly at this point. that should mean a little bit of a sigh of relief as we watch this new negotiating group move us eventually hopefully toward the finish line. this negotiation now is starting to look a little bit more like 2011 than at any other point during these negotiations. that s beca
one hour from now, president biden is again going to host the top four members of congress and for potential june default date, and no closer to the deal to have catastrophic outcome, and speaker mccarthy is going to tie the debt ceiling to spending cuts and work requirements and biden is going to call for the debt creeling to be dealing with the condition, and if you are going with what the two sides are saying for the two hours, the forecast gloomy, and arlette seanez is at the white house. at some point, someone has to give up something, and can we find out what the potential concessions are today? well, brianna, in about an hour, we should get a glimpse of where the concessions are headed as the white house is going to be hosting kevin mccarthy and other congressional leader here at the white house. heading into the meeting, the expectations are low that they will come out with a concrete agreement with a default. and you heard house speaker kevin mccarthy who said toda
to hear her first here outfront. plus, the collapse of the second largest bank in american history that happened in the span of 48 hours and is affecting the entire banking industry and perhaps beyond. i ll speak to the ceo of a company whose money was with that bank, got a call from a panicked investor to get out now. you ll hear what happened. and the president of a little known group of islands calls out china s xi jinping accusing china of bribery, personal threats to his safety, all over xi s potential invasion of taiwan. good evening, i m erin burnett. outfront tonight, executed by russian soldiers. her son s death was seen around the world. she had to watch it herself, and the mother of that ukrainian soldier is now speaking out for the first time. the video of his death difficult to watch, but important to show the depravity of what s happening on the front lines. it sparked global condemnation. the ukrainian was executed after he said glory to ukraine. an
california. as the storm battered state endures another round of heavy rain and flooding. donald trump facing new legal woes, the former u.s. president weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus a major step for the mideast as iran and saudi arabia establish a deal to restore diplomatic ties, the surprise agreement helped along by beijing. i ll break down what it all means. we begin in california where at least two people have died in massive storms hitting the state. the result of yet another atmospheric river. nearly 10,000 residents are under evacuation orders shelters set up to help those forced out because of intense flooding. more than 40,000 homes and businesses are without power. the central coast has been the hardest hit with creeks turned into raging rivers and roads washing out, stranding thousands. the worst is now expected to impact the foothills of the central and southern see as. all of this led the weath
world. i m laila harrak. thousands of people ordered to evacuate their homes in california as the storm-battered state endures another round of heavy rain and flooding. donald trump facing new legal woes. the former u.s. president now weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus, a major step for the middle east as iran and saudi arabia strike a deal to restore diplomatic ties. the surprise agreement helped along by beijing. we ll break down what it all means. announcer: from cnn center, this is cnn newsroom with laila harrak. we start this hour in california, where residents are getting battered by more storms, the result of yet another atmospheric river. at least two people are dead and nearly 10,000 people are under evacuation orders. more than 40,000 homes and businesses currently without power according to poweroutage.us. the central coast has been the hardest hit with creeks being turned into raging rivers