you re live in cnn newsroom from washington. two major floor ris in texas. impeachment vote is underway for the texas attorney general. ken paxton is accused of bribery and abuse of power. they say the impeachment is illegal and is being pushed for by corrupt politicians as he calls them. up on capitol hill, kevin mccarthy said progress is being made. in the last hour or so, several members of mccarthy s whip team have been summoned to the speaker s suite. republican leaders are trying to finalize a deal to raise the debt ceiling and stave off what could be an economic disaster. let s begin our coverage of the debt talks. priscilla alvarez is up on the hill. manu raju, what are you learning about the negotiations? are they headed in the right direction? it is unclear. we do know they are close to reaching an agreement. they have been close for some time. there are a number of sticking points. they are having a difficult time resolving including spending to provisions to e
we fail to pay our bills. we re going to come together because there s no alternative. we have to do the right thing for the country. we have to move on. those were president biden s comments on the debt ceiling negotiations just before he took off for the g7 summit in japan. we ll have the very latest on the budget talks and the president s trip overseas. he has arrived. good morning and welcome to way too early on this thursday, may 18th. i m jonathan lemire. because right now these are indeed live pictures from hiroshima, japan, where president biden is meeting with japanese prime minister kishida ahead of their bilateral meeting. g7 leaders are gathering there where they will likely focus on the war in ukraine and tensions in asia. the president, of course, had announced he was cutting short his planned trip to the pacific, no longer visiting papau new guinea or australia in order to get back on sunday to continue those debt ceiling negotiate asians. we ll bring you
good morning. welcome to morning joe. it is tuesday, may 16th. ahead this hour, the latest developments from ukraine following new russian missile attacks overnight. the strikes come as the ukrainian president is touring europe, looking to restock his army s arsenal. plus, the durham report was supposed to vindicate donald trump of his alleged ties to russia, but now that it s finally out after four years, there s not much in it that we didn t already know. we re going to go through the findings just ahead. we ll also have an update on the debt ceiling talks ahead of a high-stakes meeting at the white house. also today, just ahead now, arnold schwarzenegger joins us live from austria, where some of the world s top climate activists and leaders are meeting right now. along with joe, willie and me, we have the host of way too early, white house bureau chief at politico, jonathan lemire. special correspondent for bbc news, katty kay is with us. and columnist and asso
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pregnancy and during childbirth. that number is soaring, and some groups are hit worse than others. coming soon to a florida beach near you, a 5,000 mile wide blob of seaweed. and frankly, guys, it stinks. welcome to the lead. i m jake tapper. we start today with our money lead and a $30 billion, with a b, dollar rescue than. america s largest banks announced they are going to step in to try to prevent what could lead to a domino effect that would theoretically wreck the economy. the group of banks are all going to provide a $30 billion rescue for san francisco based first republic bank. first republic saw its stock plummet after two other banks failed over the weekend. and moody s downgraded its outlook for the entire banking industry. stocks rebounded today over the rescue news, the dow closing up 373 points, signaling that experts are, at least for now, breathing a sigh of relief that further economic damage may be avoided or at least delayed. our business correspond