hey, everybody, we are following big breaking news this hour. president biden set to speak next hour after the supreme court strikes down his student loan forgiveness plan. a decision with consequences for 43 million americans. we are live at the white house coming up. plus, what today s decision means for the economy long term, as millions of borrowers start making payments again. that means less money for everything else. also healed this hour for us, a frightening arrest near the home of former president barack obama, a january 6th rioter caught with weapons and materials to make explosives. and france and fury, over 40,000 police officers fanned out and hundreds arrested as violent protests continue after a teen was shot dead by officers. our nbc news reporters are following the latest developments, and they are joining us now. we begin with nbc s monica alba, outside the white house for us. monica, what is president biden s reaction to the court s decision on the student
done for descendants of slaves. reporter: after two years of deliberations, california reparations task force sent to final report to the state capitol for the state legislature and governor to decide how the state should handle reparations. many expected it to call for a concrete dollar amount, the task force is leaving that challenge to the legislature and it provides over 115 recommendations spanning from cash payments to policy reforms to a formal apology to eligible residents designated as descendants of slaves. critics call this effort fiscally irresponsible noting how california is facing a $31.5 billion deficit. reparations is the extraction of money from people who were never slave owners to be given to people who were never slaves. we will never see reparations paid in california. again, it s illegal. it s unconstitutional. it violates the equal protection clause. reporter: progressive governor gavin newsom signed legislation creating the first in the nation
that puts the political divide over education on a pedestal. we recognize the importance of making sure our college communities are diverse. this is a day where we understand being judged by the content of our character not the color of our skin is what our constitution wants. this is tantamount to sticking a dagger in our back. we judge on merit. we won t try to divide you up with skin color. bill: republican homefuls are putting classrooms and parents rights in their kids education front and center as they gather for the liberty summit today. dana: william la jeunesse standing by on the fate of the student loan hand-out program. bryan llenas is live in philadelphia. good morning. it has been a rise for moms for liberty. the organization did not exist in the 2020 election. today four of the top republican presidential candidates are headlining its second annual summit joyful warriors summit in philadelphia. 700 parents concerned about parental rights in educati
ybefore to know before you head out. and welcome to our viewers in the united states and around the world. i m christine romans. this morning reaction pouring in after the supreme court ruled to gut affirmative action, a move that will transform college admissions beiacross the countr. justices rules that colleges and universities can no longer consider race as part of their address missions process. the supermajority all voting to reverse decades of prez department. republicans praising the decide. kevin mccarthy said that it will leave to fairer admissions. but democrats are slamming the ruling. vice president kamala harris calling it a step backward that will make the nation s colleges less diverse. jessica schneider reports. reporter: the supreme court stirring up protests with its decision gutting affirmative action saying colleges and universities can no longer rely on race in the admissions process. but prospective students are still allowed to talk about how the
Are piling up, folks. The number unissue is trust, or should i say lack of trust in a system that never fails to let down regular folks as it bails out the establishment t doesnt patter by the way which Political Party is in power. I will break it down during the show. The wrath of a. I. Is only the beginning. We see jobs and businesses overnight in the crosshairs and maybe humankind. Is it too late to ring fence this threat or is it much ado about nothing . I have an allstar roster of folks to help handicap the feds decision tomorrow. It means everything for your port he will. Economic house from main street, jay powell never hears from my takeaway. That and so much more on making money. Charles all right. So todays session is a reflection of fear, anger and disgust, right . Fear, the economy is a lot weaker than anyone in the fed circles will admit like jay powell. Therefore it means that probably will get a whole lot more tenuous. Fear about the banking scare. Maybe it is not over,