speaker kevin mccarthy left the meeting sounding optimistic about how things were developing. biden told reporters that he was confident about reaching a deal, and that all parties were in agreement that default was not an option. mccarthy had even said that it, was, quote possible to get a deal for the end of the, week but signs of renewed discord svelte back out on friday. republican aides pause the discussion, and saying that it was, quote, not productive. democrats and republicans remain far apart on a number of issues, including spending cuts, and work requirements for federal benefits, which mccarthy has said is a red line for him. talks between congressional republicans in the white house have yet to, presuming yesterday, mccarthy s made his dissatisfaction public. tweeting, quote, president biden does think that there was a single dollar of savings to be found in the federal government s budget. he d rather be the first president in history to default in the death tha
on capitol hill, democrats unveil a new bill they say will prevent another bank collapse. we will speaker with senator bob menendez who helped introduce the legislation. battle over abortion rights in texas how one jeryl judge to block a medication used in abortions nationwide. the latest fallout after a russian fighter jet and u.s. drone collide in mid air now russia says it s intenting to recover the fragments of that drone. we begin this very busy hour with the latest on wall street where the dow jones continues to drop after shares of another major bank tumbled more than 20%. dow jones is down 552 points and 1.7% dropping this morning a swiss bank with large operations in the u.s. and around the globe is the center of the latest crisis in the banking sector that is affecting wall street. joining us now with more is cnbc sema mody. what is going on with the markets this morning and why can you hear me? let s try to reestablish communication with her on this we will k
twitter policies but there was one section that didn t receive as much attention as the rest including details about how media organizations and big tech, including former employees of the department of justice, agreed to working in concert to protect joe biden against damaging stories. this all happened at the aspen institute in august 2020. labeled a table top exercise on combating disinformation. it morphed into smothering a perfectly legitimate story. due to new emails given to us by shellenberger once we started pulling the thread of which journalists and social media employees were involved we found other past associations that should raise eyebrows. first is nathaniel current head of cybersecurity policy at facebook. formerly of the department of justice, and these two, grotto and jeannine both from stanford, and the latter, a former bureau chief at the washington post. now, stanford s connection is important because it was that you are playbook that this ha
appease hard right members of his party who want major changes without the u.s. spends its money. this is how some of the same members he had to make deals with in order to win the speakership. joining us now is nbc nbc news correspondent allie raffa live from delaware where the president is spending the weekend. ali, the president is saying he is refusing to negotiate, republicans are saying they want to negotiate. where do things stand right now? yeah, unitia, well, a little bit of a hand yesterday with his remarks and president biden saying he is willing to sit down with speaker kevin mccarthy to talk about raising the debt ceiling to, quote, avoid a calamity that exceeds anything that has ever happened financially in the united states, president biden now saying exactly when and where that meeting will take place, just saying why he wants to have it, and then you have speaker mccarthy who we know has been under pressure from fellow house republicans. saying that they wa
in georgia and lucas tomlinson outside the white house. but we start first with rich edson in harrisburg, pennsylvania, where all eyes are on the nail-biter race between fetterman and oz. rich, good afternoon. reporter: good afternoon, mike. this is a government union headquarters here in harrisburg, the capital city of pennsylvania, john fetterman just finished rallying supporters here, he s been highlighting union workers here, the union vote. of he was rallying with union officials and workers yesterday in the philadelphia area. he said at this rally here that he plans on continuing to recover from his stroke, and he wants to win this election. c. oz has never forgotten every day that i had a stroke. in january i ll be much better, but he will still be a fraud. reporter: oz ripped fetterman for refusing to debate, and when he agreed, did so only once, two weeks before election day, and after hundreds of thousands of early votes had been cast. oz and republicans natio