464 million bond believed starts right now will it be a fire sale for the former President Trump himself floats . The idea is esteemed, struggles to come up with a pe, come up with a way to pay New York State for his financial fraud and the multibilliondollar ill type Million Dollars bond growing interest by the day, cnn is also at the prison where a senior aide to trump now sits behind bars. Was new royal drama for Princess Kate, wife of Prince William. Next in line to be king. This time it is a doctored photo that she allegedly took of the late queen elizabeth. What is really he going on behind the palace walls . What officials are saying . Im not saying is the princess makes her first public appearance since the photo up war began and sentencing singh day for members of mississippi, socalled goon squad six Law Enforcement officers who prosecutors say brutally torturing two black man welcome to the lean. Im jake tapper and we start today with our Law Injustice lead it. Its time to pa
green issue in to care. and gordon gecko kept gambling. fannie mae and freddie mac are two of the very important tools we have. people who are critical of the arrangements that we have. i there it is clear that fannie mae and freddie mac are sufficiently secure so they are in no great danger. once congress is getting out ahead of a problem. my primary interest and i know i share this with others who care about housing is to make sure nothing is done in this real estate organization to weekens the obligation of fannie mae. jesse: barney frank said everything is fine and knew washington was on their side. banks started chapg up mortgages like sushi rolls and giving homeless crack heads north gadgets. crack head, no problem. here is a jumbo loan. this is a true story. if you were a strawberry picker and wanted a beach house, wells fargo would buy that you beach house. banks were at each other s throats over who could loan the most. mortgage funds were amazingly profitable
price hike for the covid vaccine. senator bernie sanders calls it outrageous. he joins us live. this is what we re watching this hour. thank you so much for being here. i m kate bolduan. two big stories we re tracking. first, a major outage is causing huge flight disruptions. thousands of flights are delayed or canceled. rue now the faa did lift the ground stop that par liesed domestic air travel. the cause still unclear right now, even as airlines are starting to get flights back up in the air. we re also keeping a very close eye on the deadly storms in california. at least 17 people have been killed from what is now weeks of rain, floods, mudslides, and was some pretty big winds. as bad as it is already, more rain is still on the way. let s start with pete muntean. he s at reagan national airport. pete, a computer outage that absolutely no one needed right now. what is happening? reporter: no doubt, kate. the cascading effect is only beginning. 6100 at last check a flight
states. reporter: the number of flight delays are still climbing along with major outrage over how air travel came to a near unprecedented halt. the faa did just post that no u.s. departures will happen today until 9:00 a.m. reporter: wednesday morning, airports across the country stood still as the federal aviation administration implemented a nationwide ground stop, something not seen since the n9/11 terrorist attacks. interesting day. everybody except medivac and military stopped. reporter: the faa fail injury st failure started overnight in notices to air missions the bulletins provide the latest information about airports and air space. it s absolutely essential and the system can be very fragile. reporter: the effect cascading cancellations and delays in the thousands. first it was a 20-minute delay and then an hour. reporter: anger is stretching from concourses to capitol hill. ted cruz the top senate republican overseeing transportation is calling
good thursday morning. top of the hour. i m erica hill. i m jim sciutto. major economic news this morning and good news. inflation showing signs of easing in the month of december consumer prices post the biggest monthly decline in months, also easing in the annual growth rate. the impact this could on the fed s decision to race interest rates. how much, how long, we ll break down the numbers just ahead. president biden s legal team has discovered a second batch of classified documents. the white house has declined to comment on the matter. republicans certainly have much to say. we ll discuss the legal political ramifications facing the administration, also the differences with trump s handling of such documents. the airline industry this morning recovering from that massive damage done by a single corrupted file yesterday. what is the faa saying as they investigate the cause for these thousands of delays and cancellations yesterday. we ll bring you up to speed. firs