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there s now a little optimism on a debt ceiling deal following yesterday s meeting at it white house even though president biden is cutting short an overseas trip. we ll have the latest on those negotiations. and also ahead ron desantis goes after donald trump on the issue of abortion. we ll look at how it could impact the 2024 presidential race. good morning and welcome to way too early on this wednesday, may 17th. i m jonathan lemire. thanks for starting your day with us. moving in today with the ongoing debt ceiling negotiations, president biden met with congressional leaders at the white house yesterday, and while both sides say that some progress has been made, no deal has yet been reached. both biden and house speaker kevin mccarthy named top negotiators to take part in talks and continue daily. and while democrats continue to insist that they will not negotiate over the debt ceiling, they are reportedly in talks about spending cuts working on a parallel track ....
let s do it. cnn news central starts now. he shared photos of guns, targets, ammunition boxes and a tactical vest. this morning the disturbing social media posts from the gunman who murdered eight people at a texas mall. a pivotal meeting today, an attempt to keep the debt ceiling from crashing down. president biden is sitting down with top congressional leaders from both parties, but can they hammer out a deal before the u.s. goes into a catastrophic default? king pinning terrorist, that is who israel said it was targeting in an overnight military strike in gaza. now at least 13 people are dead. these major stories and many more all coming in to cnn news central. we begin with today s high stakes meeting amid a resolving the debt ceiling standoff. if there is no deal it could lead to financial disaster. in just a few hours president biden will meet at the white house with these four congressional leaders, house speaker kevin mccarthy, senate majority ....
campbell is there on the scene in allen, texas, for us. and josh, the disturbing revelations that we are seeing there on the ground that people are leaving for the victims. hey, my friend, great to be here with you, and this memorial is here to covering so many of the stories and this is what often occurs. you will see the community with the outpouring of support to honor those who were killed. and also, i want to give you new information about the suspect here. and they have centered on the suspect s social media, and the right wing extremist being here at play in the motivation. and we are seeing some of that for ourself, as our colleague paul murphy who is our colleague who studies russian social media says that is all on white power, and it appears he had actually done reconnaissance of the weeks ahead of the shooting. so he had done research here prior to the shooting including the busiest times of the day this mall was open. and also, what are you learning the ....
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-s ....
Republican president richard nixon. Why did he resign . Because republicans gave him no option. I have come to the conclusion that richard m. Nixon has Beyond A Reasonable Doubt committed impeachable offenses which are in my judgment of such sufficient magnitude that he should be removed from office. Brian thats a republican. And it was a majority. Bill clinton, the Monica Lewinsky link was revealed bit new york times. The Washington Post aggressively pursued the Hillary Clinton email scandal. But somewhere along the way Media Companies lost their way and accountability and transparency. The only thing they could rally around was everything donald trump did was wrong. The latest example. Maralago ....