control of products. they are making more money than they ve ever made. bill: opening arguments in the cop s trial are set to begin there. hello, bryan. bill, good morning. luna is mexico s highest ranking government official to be criminally charged and tried in the u.s. in the early 2000s he let mexico s federal agency akin to the f.b.i. before becoming the top law enforcement official in mexico controlling the federal police force as the secretary of public security until 2012. prosecutors say the man who led mexico s war against the drug cartels was instead accepting briefcases stuffed with tens of millions of bribes from the sinaloa cartel. in exchange luna provided second ratty intel protection and helped with smuggling at least 50,000 kilos of cocaine into the u.s. over the course of the eight-week trial there is intrigue about embarrassing and damning revelations with high ranking u.s. and mexico officials who trusted him. he served as the right-hand of the mexica
trump s old cabinet. the west wing was broken. it was not functioning properly. the problem hesident has a l history with president xi. we re adversaries, we re competitors with china right now, no doubt about that . welcome, it is friday, july 29, 9:00 a.m. in london, 4:00 a.m. in eastern kentucky where flash flood warnings are up right now as more storms and heavy rains move through the region. that is after catastrophic flooding already claimed the lives of at least eight people and the governor warns the death toll will go higher. and he said that it could take years for residents to rebuild and called it the worst flooding disaster of his lifetime. overnight residents near a dam were ordered to evacuate due to the fast moving water and the area has gone through this before, but not quite like this. we ve seen water in the streets before, but we ve never seen water, you know, waist deep in the streets or chest deep in the streets. never seen this in all the year
the economy. the new report out just today driving new recession fears tonight. and what president biden said about this today. and the american families from new jersey to kentucky, across this nation, who say no matter what you call it, we re feeling it. rebecca jarvis reporting. tonight, the big push. democrats racing to pass that surprise breakthrough deal on climate. it would be the most ambitious climate undertaking in u.s. history. the bill also lowers prescription drug costs, health care costs, taxing the very rich and corporations. so, do they have the votes? with joe manchin now onboard. rachel scott standing by live on the hill. also news tonight, this phone call between president biden and china s president xi. the candid and direct call lasting more than two hours. president xi with a warning to the u.s. and will house speaker nancy pelosi and a congressional delegation visit taiwan amid these tensions? mary bruce with late reporting. russia now responding
using stolen customer funds. early last year bankman-fried revealed he had bought roughly $648 million worth of shares a 7.6% stake in the investment app. the shares are valued now roughly around $530 million. the shares of particular interest. they were supposed to back a $680 million loan from ftx sister company to the exchange block buy that they defaulted on. he claims he is innocent and accusing management about a fake narrative. he tweeted this. ftx u.s. is solvent as it always has been. the new ceo fired back. that would mean covering losses at the u.s. exchange through funds belonging to other customers. he told the wall street journal this is the problem he thinks everything is one big honey pot. for now the search for more customer funds continues. ftx lawyers say they ve
hill. a source tells cnn the chairman of the georgia republican party has appeared before a special grand jury. david schaffer is one of 16 fake electors who took part in the plan to try to keep donald trump in the white house despite joe biden s win. he also faces inquiries from federal investigators and the house january 6 committee. his attorney did not immediately respond to cnn s request for comment. now to lottery fever, which has taken over the u.s. the drawing for the mega millions lottery and a $1.1 billion jackpot is later today. it is the second largest jackpot in mega millions history. the winnings can be paid out bit by bit annually over 29 years or you can take a lump sum which is about $648 million before taxes. mega millions tickets are sold in 45 u.s. states, washington, d.c. and the u.s. virgin islands.