in about a year and a half, still high. bill: that would normally mean another rate hike on the horizon, but the fed could be forced to rethink that. dana: the moves are designed to protect the u.s. financial system and make sure customers do not lose their deposit. bill: the president insisting this is not a bailout, some folks beg to differ. well, it is a bailout, we give a lot of support to banks. banks pay a premium for insurance, capped at 250,000. if we change the rules and give them more coverage than anybody else gets, i think that s a bailout. the think you have to understand is that what they re doing now with the bailout, printing money to solve the problem. and there is this inflation problem that started the whole thing and they re trying to fix a banking problem by printing money. that will make the inflation problem worse. dana: we have analysis, let s begin with grady. last week a rate hike was almost a given, now things are more complicated, the
governors flying asylum seekers to the northeast. a migrants advocacy group just filed a federal lawsuit against florida governor ron desantis. and in ukraine right now cnn is on the ground with rare access to the front lines of a heated battle between ukrainian defenders and russian mercenaries. stay tuned for our report from the war zone. welcome to our viewers here in the united states and around the world. i m wolf blitzer and you re in the situation room. our top story tonight, the trump legal team already at odds with the special master it requested, refusing to provide evidence the former president declassified documents seized from his florida home. cnn s justice correspondent jessica schneider has the latest on the mar-a-lago investigation. reporter: tonight the special master bringing together trump s lawyers and attorneys for the juls s department to hammer out how to proceed with the review of the 1 # 1,000 documents taken from mar-a-lago including 100 docum
fragile democracy takes us to wisconsin, or a conservative majority supreme court just made it harder for its own citizens to vote, in a move that just happens to align quite nicely with the agenda of a certain twice impeached former president. and the velshi banned book club is in session, with a historical fiction title for younger adults, that has gotten parent so out of that it was the subject of a viral video, of an angry mom calling for its removal. velshi starts now. good morning, i am ali velshi. it is sunday, july 11th, 18 months and five days since a group of anti-american insurrectionists attacked the united states capitol in an attempt to overthrow the government and destroy american democracy in the name of a former president. mind you, that attempt is still ongoing in other ways. more on that later in the show. but luckily for america, the january 6th select committee continues its vital work in investigating that insurrection. and this morning, we are g