white house bid official, and the challenge now is to take on trump without making the base turn against him. these stories ahead on cnn news central. so, this just in. we got word that negotiators are meeting right now. this is ahead of the crucial meeting this afternoon between president biden and house speaker kevin mccarthy. june 1st is now 10 days away, and this is the day that treasury secretary janet yellen says is a hard deadline that is ahead of the economic disaster that going to affect millions of americans like medicare and medicaid benefits and military salaries and other benefits at real risk. and now, many at capitol hill hounding their representatives, and that is the last we heard from house speaker kevin mccarthy. look, there is no agreement on anything. we have all said the peace on where we r and we are trying to find common ground to get this done. so right to manu raja on capitol hill. i understand that the staff level negotiators and members are
of the 11th hour, stephanie rule, tom costello with us, white house correspondent carol lee and host of public radio s full disclosure. the news is in, stephanie, three quarters of a point. we thought originally it was going to be 50 basis point but jay powell is in a situation. we are in a serious inflationary environment. normally the fed likes inflation to be around 2% and it s currently approaching 9. so 75 basis points is a big move but it s still tricky because what they don t want to do is move so much so quickly that they push us into recession. but if they don t do something aggressive, prices will likely continue to rise and the economy is suffering for it, especially right around gas prices. this is a big move. it s not unexpected. it s the thing that people have been waiting for. most economists across the board have said this should have happened months ago. markets are going to take this as a positive. robin, it is hard to thread this needle, though. the
house vote which formalizes the biden impeachment probe. it s not the top story in the country because we begin with breaking news. a major development today. a federal judge has formally ordered a pause in the donald trump criminal coup case led by jack smith. this is a big deal. we ll walk through what s happening. the judge has effectively and legally paused the proceedings in her own courtroom until a key claim that trump s lawyers want adjudicated, their argument that he s immune to this whole case, this is paused until the supreme court answers requests to deal with it. it s a procedural rule. i can tell you this is a big deal, probably the largest procedural win for trump s lawyers in this case and by the same token it s a rare setback for special counsel jack smith who has been on a winning streak on many issues. i remind you of some of them. they won on the gag order and the evidence. they have previous criminal questions that went to the supreme court decided fo
Tennessee, North Carolina to south carolina, you have got a lot of states at play, a lot of competition. It is not like they are not a lot of places to move to. I do not a lot of places to move to. I do not care as long as it is within the the borders of the United States. There will be a major Border Attacks on these companies that are leaving and Getting Away With Murder and if oui and Getting Away With Murder and if our politicians have what it takes they would have done it years ago and you would have millions more workers right now in the United States that are really wanting a job and cannot get it. 96 million, that is the real number. That is the way it is. I have a question about the Supreme Court and border security. But also on twitter this morning you askedif but also on twitter this morning you asked if we were living in nazi germany. Do you have a problem with the Intelligence Community . And as to the Supreme Court, what is your timeline for nominating. And on the border
How important this process is, to getting confirmation, as we saw what happened in 1986. More importantly, i think he took head on a lot of the critics and criticism of decisions that hes made and votes hes cast. And i thought in particular, with cory booker becoming historic, you saw the first sho for the 2020 democratic nomination for president. Lets just put that on the table. Certainly, thats part of the drama and theater of what he chose to do. But i also found it somewhat ironic that just in january of 2016, in legislation that he cosponsored with mr. Sessions, that celebrated those who walked from walked the selma mile, if you will, that he referred to him as it was a great honor to work with him and that he appreciated his commitment to civil rights. And yet now sees him as he referred to him as a danger
with danger to our country, as hes been quoted to say. The politics is not lost here. I think everyone in this town understands that. And to have this staged the way it was wit