Of The Worlds biggest crypto exchanges explains why its crucial The Worlds biggest economy makes the crypto rules clearer. And well hear from the man overseeing them. The head of the us regulator, the securities and Exchange Commission, explains why hes brought so many lawsuits against crypto firms. Plus, the viability of vaping. The boss of the E Cigarette Firm juul tells us why his business has a long term future, even though he doesnt want any young people taking up the habit. Wherever yourejoining me from around The World, hello, and welcome to the show. The us election is looming large, and there are many issues on voters minds, from inflation and climate change to war in the middle east. But despite all those, one republican senator has said that cryptocurrencies are a defining issue in the run up to november the 5th. And hes not alone in thinking that. The place of one of The Worlds most divisive and consequential technologies in The Worlds biggest economy is at stake, after a y
forces are close to encircling bakhmut. the u.s. is downplaying the strategic significance if russia wins this round of the war. also tonight, republicans are presented with the sharpest contrast yet between donald trump and ron desantis. we re breaking down dueling speeches by the former president and the current florida governor as they gear up for a potential 2024 primary showdown. and a series of new airline scares is raising serious questions about aviation safety here in the united states. from a bird strike that caused engine failure and smoke in the cabin to the wings of two commercial jets clipping on the many close cal? welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin on the front lines of eastern ukraine right now, where the battle for bakhmut is growing more urgent by the hour. russian fighters making gains as they move to surround the city. cnn s alex marquardt is joining us live
discretionary spending? why do we keep adding to it? can we not see what happened? we know with the covid there had to be adjustments to keep us from falling into financial crisis as we were facing a health crisis, wolf. but on the bottom line, it s over. can t we go back to more normal, if you will, and look at where all the additional expense and see if that can be removed? i just want to sit down and have a conversation. we have got to raise the debt ceiling. it should not be held hostage. but if we can t talk about this out of control debt that we have right now, what it s doing to inflation, then god help us buzz because the trajectory from the congressional budget office, if we stay on the path we re on, by 2050 and that s not too far from now. by 2050, we ll have $120 trillion of debt. so that s not an option, not an option at all. i know you were asked over the weekend, senator, if you would endorse joe biden if he runs for re-election, and you
victoria gill, bbc news, glasgow. our chief political correspondent adam fleming is in glasgow this morning. great to see you there. we know the chancellor is due to your today but some world leaders are due to leave. how much has been achieved in the last two days? fix, how much has been achieved in the last two days? last two days? a lot of big amazing soundin: last two days? a lot of big amazing sounding headlines last two days? a lot of big amazing sounding headlines had last two days? a lot of big amazing sounding headlines had been - last two days? a lot of big amazing i sounding headlines had been achieved but like with all headlines it s a goodidea but like with all headlines it s a good idea to read what s underneath them so you look at all the financed up them so you look at all the financed up to date and you get this number of $120 trillion that could be invested in climate change in the next 30 years but then you look at the small print and ask ok, we ll company stil
$120 trillion medicare for all plan so she wants the taxes with wealth from 50,000,002,000,000,000 at 2%. this is wealth, not income and those that have a billion dollars or more, wants it in that 6% range great a lot of people are skeptical about whether this math actually works out in the middle class will have to pay middle more taxes. that includes jamie dimon who said some of her rhetoric seems to be vilifying successful people to which liz warren says look, the system is working great for the wealthy and well-connected like jamie dimon. doesn t seem to want things to change but i m going to fight to make sure works for everybody. ed: she likes these fights with billionaires but he may be more sympathetic and since he gives a lot of his money away to help people. thanks for setting us up perfectly. let s bring in fox news contributor and former state spokesperson. and former virginia congressman and house freedom caucus member.