people, including a 9-year-old. they say a tip led to his arrest. also happening today, the fed is expected to raise interest rates again. the big question, though, is whether the fed chair, jay powell, signals that a pause is to come. also, the biden administration now signing off on sending 1,500 troops to the southern border ahead of an expected surge in migrants. and the u.s. announced a new immigration deal with mexico aimed at deterring border crossings. and new and promising data just released on an alzheimer s treatment. details about the drug the company says significantly slows cognitive and functional decline. and the new york times reports that said, quote, it s not how white men fight. new information on how that text may have contributed to his firing. cnn this morning starts right now. we do begin with the texas massacre suspect accused of gunning down five of his neighbors. he is now under arrest after a huge manhunt. the fbi says it received a tip
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I think that could help stem the flow of the deposit migration, if they would provide unlimited coverage for transaction accounts. and we did that temporarily. but gary cohn who worked in the trump administration, an adviser to trump and ceo of goldman sachs said that s a bad idea, because it will be a race to the bottom in terms of focus looking go ahead. why is it not a bad idea. and he is he is absolutely right, if you re talking about unlimited deposit insurance. that is a terrible idea. transaction accounts that have zero interest, so weak banks couldn t take an unlimited guarantee and offer a really juicy rate and bring in deposit funding, just zero-interest transaction accounts, those that are used by businesses and other organizations to pay bills, including payroll, we did that during the great financial crisis. that would it s not really an issue there, because those accounts can t move very easily. and there s a good real economy reason to protect those. because