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if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin ....
ephemeral legislation. yeah. that went from being the word of the day a couple days ago, to now i think it s the word of the week. ephemeral or malodorous, it s one of the two. it s still early. we have a couple hours ahead. maybe we can find another one. meanwhile, the florida governor is seizing on a potential weakness in trump s third presidential bid. we ll show you what he had to say about that, and how he responded to questions about his last name. is it desantis, is it december desantis? did he answer it? he did, and it was unrevealing. huh. republicans are still upset with kevin mccarthy over the debt ceiling deal. wah. one calling for a day of reckoning. are you kidding me? it is a day of reckoning for the extremists, who thought that they were going to be able to hold, not only congress and kevin mccarthy and the president hostage, but also hold the united states economy hostage. they weren t able to do it. these guys struck a deal, and str ....
implication for the republic, that is me. anybody can stumble or fall, bu when a president does it, usually scrutiny and ridicule flow. set the narrative of ford as bumbling buffoon. is obvious when hillary clinton was physically dumped into fam, there was no snl sketch or ridiculed that brings us to ove the last two years has done mor falls than jerry lewis. part of the problem is joe biden is suffering from stiff gate and old age. his doctor has admitted as much in an effort to show how vigorous he still is, he affect the skipping routine i call it the biden tract. he does it all the time. it mostly conjures up images of tim conway s little old man. it is the biden trot that got him into trouble at the air force academy yesterday. [cheers and applause] why are they cheer something expect the white house staff to put more guardrails around him in the bathroom at john fete erman s house. every time he goes out, it s going going a look like he s out in line f ....
but isn t taylor swift the gift that keeps on giving? we can t stop talking about her. she s the it girl. carolyn manno, thank you. great to see you. the next hour of cnn this morning starts right now. nancy good morning, everyone. i m amara walker. i m danny freeman. victor blackwell is off. we start with a huge political year. r&b front-runner donald trump faces multiple court decisions that could delay some of his trials. on friday the supreme court handed him a win by rejecting special counsel s request for justices to fast-track his immunity dispute case. but in colorado they re threatening to kick him off the ballot. meanwhile congress is out of office for your the holidays. this is a live picture of capitol hill sorry, we don t have it. again, capitol hill is quiet. congress faces a mountain of problems when they come back in january. they ll have nine days to come up with a plan to avoid a partial shutdown. and there s arguments over funding, mig ....
fraud, money laundering, theft of public funds, and making false statements, just some of the charges against congressman george santos. after spending the day in federal custody, he just pleaded not guilty to 13 counts. so what will speaker mckcarthy do? a major test at the southern border. patrols encountered more than 10,000 migrants on tuesday alone as pandemic restrictions come to an end, our reporters are speaking live with those families desperate to get cross. plus president biden hitting the road to sell his debt ceiling message saying america is not a dead beat nation. new details on ongoing negotiations with republicans as we close in on a crucial default deadline. we re following these major developing stories and many more all coming in right here to cnn news central. new york republican congressman george santos has pleaded not guilty to the 13 federal charges hes faces in court. prosecutors say his bond is set at $500,000, though his travel will be ....