thejudgment also the judgment also says that the super league would not necessarily be approved, but the european court ofjustice also said that it is not qualified to make a judgment. and that competition organisers, whoever they may be, whether it is super league or someone else, should be allowed to go away and come up with competitions on their own, and clubs could be allowed to take part in them without the threat of sanction coming from uefa and fifa. this is a huge ruling and has the potential to cause major ramifications for the world of football. this is a developing story. head over to the website to follow the latest. the company who back the super league has launched a new proposal now for men s and women s european competitions. that proposal is a league system with 64 men s clubs across three weeks, participation based on sporting merit it says, no permanent members. the women s competition would include 32 clubs across two weeks. so much reaction coming through
you re live in the cnn newsroom. i m jim acosta in atlanta. we begin this hour with high stakes negotiations starting back up on the nation s looming debt crisis. just minutes ago talks resumed on the staff level in washington. but they will set the stage for a top level meeting tomorrow. president biden is expected to sit down with republican house speaker kevin mccarthy. the two men spoke by phone today as the president was flying back home from the g7 summit in japan. this new glimmer of optimism is a quick compromise appears increasingly bleak. the u.s. could run out of money to pay debts as early as june 1st. experts say that would be disastrous for the u.s. and the global economy. let s go the to white house and arlette saenz. what this what are they saying over there? the president returned to washington much the same when he left it, without any clear resolution in sight to avert a national default on the debts as early as 11 days from now. now, one thing that t
latest from the front lines. plus a new search has just been announced in the missing toddler madeline mcgahn. we re following these major developing stories and more all coming in right here to cnn news central. in just a couple of hours president biden and speaker mccarthy will give it another try. they will meet face-to-face again in the ongoing staredown over the debt ceiling. so far neither leader has blinked. because of that the u.s. could default if no agreement by june 1st. running out of money for social security and military salaries. last hour speaker mccarthy told cnn a deal has to be ironed out much sooner than that deadline. reporter: do you need to have a deal tonight? it would be better to have a deal sooner. if we can get a deal tonight or tomorrow, you ve got to get something done this week to be able to pass it and move it to the senate. reporter: is it possible to get it done? i think it s still possible. reporter: square my diamond is tr
we re only ten days out from a potential u.s. default, and there is still no deal on the debt ceiling. that s only step one. keep in mind it still has to clear congress quickly. another critical meeting between the president and house speaker just hours away. we re going to take you live to the white house and capitol hill. also ahead, the naacp issues a travel advisory for florida, accusing the state of being openly hostile towards african americans. details on the driving force behind that warning and how governor ron desantis is responding just ahead. and instead of walking across the stage to get her diploma, a transgender teen opts out of commencement after the school said she had to wear pants. we are following these major developing stories and many more all coming in right here to cnn news central. the federal government is running out of money and d.c. is running out of time to get america s accounts in order. later this afternoon president biden and speaker mc
bank making it the second largest bank failure in u.s. history. third mid size bank to go under in less than two months in the u.s. the president insists taxpayers are not going to be footing the bill for this. white house correspondent peter doocy starts us off tonight live from the north lawn. good evening, peter. peter: good evening, bret. tax day played a big role here. the treasury secretary is saying that they looked at recent federal tax receipts and realized that the u.s. is not going to have as much have enough money to pay its bills possibly as soon as june 1st. so, president biden did phone the big 4 congressional leaders they are requesting to have a meeting about this a week from tomorrow as the white house separately attempts to stabilize a shaky banking system. today s actions ensure the continued resilience of the banking system. the president had to update a script at a small business event to reassure markets about the fdic taking over first republic