sanctions against mexico's powerful sinalarl. what they're doing now to op the cartel from laundering millions than dirty drug money. sarah is with john berman. this is cnn news central >> all right. >> breaking this morning just a short time ago, dollars fraud posted on social media claiming he has almost 500 million cash on hand. that's just three days from the deadline to hand over that huge bond payment in new york for his appeal. this is what trump posted through hard work, talent and luck. i currently have almost 500 hundred million dollars in cash, a substantial amount, which i had intended to use in my campaign for president. now, we should note that over the course of his long career donald trump hasn't always been the most reliable arbiter

of how much money he has in one place or another. but that's the claim he just posted that comes after of course, he couldn't find any insurance company to underwrite a bond. right? >> and we also learned this morning that new york attorney general, her office, will be allowed to respond to the claim that he couldn't find a bond for this. now cnn's kara scannell and former assistant special water bag gape prosecutor nick ackerman, qarrah. this claim from donald trump he says he's got almost $500 has anyone out there in the universe that needs to know, do they have evidence of this yet? >> i mean, this is clearly going to be something that you expect the new york attorney general's office to seize on when they respond now that they've got permission to in that brief, i did talk to trump's attorney this morning and he was explaining to me what trump meant by this. he said that what trump is talking about is the money that he has reported on his campaign disclosure forms that he's built up through years of owning and managing successful businesses. that is the very cash that letitia james and the

democrats are targeting. so he's trying to say that this $500 is the amount that trump has said that he has earned from all of his properties which he is publicly disclosed, not saying that it is actually what he has on hand now because he's already posted $100 million bond for e. jean carroll, roughly. >> and >> they but that's still would leave about 350 million in their position is that they can't put all of that into a bond because you have to run the business and do payroll and those sorts of things. but that is the explanation to get behind what trump said today. >> all right, let's just i just wanted to follow up on that one second because you've been on the phone doing reporting on this with the attorney attorneys saying, oh, this is trump just saying what he has earned over time. it's not for not saying what he's saying. yeah. trump is not out there saying, i've been out there with hatton hand collecting this monday over the last few days, i'm about to hand this over to you. >> torque, correct? they they >> have that is not addressing the amount he actually has a mask because that is a good question. did this mean he just got money in his pocket? and

the answer is no. this is what he has publicly said. he has made over time from all of these properties as according to his most recent disclosure form, not what he actually hasn't hand and is interesting. there was some debate the other day about whether trump had any foreign money because one of his attorneys was on fox and was asked about that. now, this lawyer was also telling me that it is categorically absolutely not true that they are taking any money from russia are saudis, or any other foreign money, said, it's not under consideration nor has there there have been at any time. so trying to very much take that question off the table, obviously very controversial, potential conflicts of interests galore saying categorically, no, they're not accepting or seeking are considering any foreign money nick, what one do you think of donald trump saying this out loud on while he's running up against this deadline and to >> what options what do you think of the options that he has left? because while he's saying stuff, it doesn't seem that the options are changing,

that he's got in order to beat this deadline. >> that's absolutely correct. but keep in mind whatever the source of that money is, if he really has 500 million in his pocket somewhere. barbara jones, who is the special master that has been assigned to oversee this case, is going to have every right to trace that money back to wherever it came from. so this idea of whether it comes from the saudis, the russians, or from his own earned money is all going to be brought out and it's going to be investigated on the spot. so we're going to know the answer to that question in terms of his other options, they're not very good. one is that he files for bankruptcy which means that he would have to file for personal bankruptcy already back in the 1990s, filed for bankruptcy six times not personal, but for all these various companies, all of which basically led to him stealing money from the government by not reporting taxes properly, by stealing from his family, by having his

father sign a will when he was basically not able to understand what was going on and taking money from the russians. but finally, having to actually file real i'm statements about his financial worth, all of which turned out to be false and have come back to bite them. that may ultimately lead him to file for bankruptcy. again, his other option is to try and get money from from other people and that's not so easy. half $1 is not an easy amount to come up with. and thirdly, he's got this potential option with this new media companies these god that he has stock in. but even there for somebody to put up a half $1 billion, even several people to put that also hard because he's not, you can't you can't sell all the money you get on one of these deals. i mean, you can't sell this believe that good of an option? no, it's not acted for six months, at least out of the gate and that value is going to fluctuate because there's

always kind of the bump when something goes public it could come right down. >> that's right. and that's the problem. >> so kara, this claim, which now turns out to be species, it turns out to be not him saying, i've got $500 million, but saying that is what i had or have heard didn't he? a few days ago said it was impossible for him to come up with that money. i mean, in an actual court filing >> right. i mean, these he was saying he does not have enough cash to secure a bond because all of these insurance companies that he talked to, they will only take cash are stopped, they will not take property as collateral and he's and based on the bond size plus the extra amount that he has to add to the bond in order to post it, but come up to more than half 1 billion dollars. and even if you go by the math that i just kind of went through, that means you have about $350 million. and that's to run the company. so that's not even enough to cover the ultimate collateral to get the bond so i guess what i'm so sorry. >> but if you're the appeals court, who's got an aside whether to reduce them on you're not once you look at

this post on truth social saying, wait a second, you just told me you have the money you're saying it's upon possible y why should we give you any grace here if you're saying you've got it, that's right. >> i mean, that is the dumbest thing he could have possibly done to put that on truth, social because that is a directed mission by him that he has the money. now, keep in mind, even with this operating money or cash, the supposedly has, if he doesn't pony up and put up a bond, letitia james is going to be able to go in and basically put restraining orders or all of his bank account everything that relates to him, and all of that money is going to be tied up in frozen. so if he's really got that money, he's got to put it up. >> you have also new reporting. explain this one to be the ag is now gotten greenlight to respond to some of this, right? >> because when trump posted his court filing other de what she said, we tried to get this money from 30 different insurance companies. we can't do it her office said, hey, we want to respond to this because we want to know what he actually has done to you. i

know you want to see the work on that. >> we want to see what properties he's offered, what the terms were posted by the insurance companies and really try to get underneath how hard is he trying to do this and what extent has he really gone? and so now the court is saying and you can respond to that, and they also are still opposing him posting a fraction of what they're saying, why can't you get several insurance companies to come together and do this? one won't do it. >> of course, trump side their position is they don't, they still would need the cash and they still don't have that cash >> jurafsky, they'll nick ackermann. thank you both so much. i honestly feel like i understand this so much better now, all these things that have developed over the last few minutes as you really put it in the right perspective, appreciate it. thanks, you guys. thank you. >> also happening right now, the united nations is about to vote on a ceasefire resolution in gaza, authored by the united in states. resolution contains strongest language for a ceasefire that the united states has used today. two after previously vetoing similar resolutions all of this is happening as secretary of

state, tony blinken wraps up his meetings in israel with the prime israeli prime minister benjamin netanyahu and the war cabinet same time, cia director bill burns, he is in the region. he is in doha, qatar because he is joining the ongoing talks to secure the release of israeli hostages that have been ongoing and tony blinken says, may be showing that they're getting making gaining some ground let's talk about this un security council resolutions. cnn's richard roth is at the united nations. cnn's oren liebermann is in washington for us richard. >> what are you expecting? what's happening with this resolution today bringing us up to speed? >> well, the us ambassador to the united nations is speaking now, and linda thomas-greenfiel d just said regarding the negotiations over to c's their we believe we're close we're not there yet. there is going to be a vote shortly on a resolution. another resolution regarding the israel conflict.

and this resolution produces new language from the us as which wrote up and has written heard on this resolution with other member countries, the big change again in the language is that the united states is agreeing to lighten which says there's an imperative of a immediate and sustained ceasefire to protect civilians on all sides. it's not clear if russia is gonna go along with it. may, if somebody vetoes it, it goes down in flames. china or russia could abstain, nodded, and it will pass kate. >> yeah, immediate and sustained. the new >> language there. and again, this is coming from the united states. so orangey you, i wonder how this resolution is maybe meant to affect the negotiations going on in ohio. and if not, that the pressure that secretary of state blinken is trying to put on israeli officials >> it is clearly a signal and not the only one from washington to the israeli government that there is a need for not only more humanitarian aid, and that's what a lot of

these discussions are about. certainly at the pentagon where they're pressuring more humanitarian aid to get in. but also to come to a resolution on a ceasefire and on a hostage release. so this could be a part of that. it's worth remembering that the last un security council resolution didn't go through because the us vetoed it and said, look, what's important right now is the negotiations that's the key and anything that upsets those we have to avoid that in the us said the last un security council resolution wrist doing that. so it's clear the us still views those negotiations as the most important, perhaps the most meaningful. and with the best potential of an outcome here. but we're not there yet even if secretaries state antony blinken as he goes around, the region, has said the gaps are narrowing. they are not closed at this point, and it's not just these meetings today and the convergence of a bill burns, tony blinken, and the un, they're also meetings next week, the israeli defense minister is in the pentagon as well as senior israeli officials basically to try to brief the americans on what's next, at least with the war and with humanitarian aid.

>> and talk about that more because oren, because these meetings that we're seeing now at the beginning of a series of what's really being seen as some critical discussions coming between the us and israel. what are you hearing about this >> the americans want to know the biden administration wants to know that israel has a plan for at least two different elements here. the first is if israel is going to conduct a ground operation in rafah, the us wants to know what israel's plan is for moving more than 1 million, something like 1.2 million palestinians who are sheltering there and harboring there. where do they go to try to find some safety and security in the gaza strip? and then of course, gaza needs more food, it needs more humanitarian aid. the us has tried to get more in there working on a plan. that plan is underway to try to build a floating pier. but a lot of this is coordination and requires coordination with the israeli the government, and military to get that humanitarian aid. and so that too is part of these discussions here. meanwhile, there's also big picture

discussions. i'll go back to blinken for a second. he was in cairo, i believe it was talking about normalization between israel and saudi arabia that would have to come as part of a big picture, end to the war. but the us still pushing on that door as well >> all right, oren liebermann, richard roth, are thanks to both of you. keep us posted, richard, again, these talks are ongoing. this vote ongoing. obviously you want are those results as soon as we get them this morning, there is a key house vote as the deadline to avoid a government shutdown is just hours way. >> a new >> crackdown today on fentanyl in the united states, the vitamin is variations plaintiffs to tackle one of mexico's biggest crime cartels and history made in tennessee the country music capital is the first state to make it illegal to recreate a singer's voice using ai this is the big dam

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deadline now, a votes officially were alerted this morning in the house. so that is officially going to start at 10:50 eastern time and house republicans, they expect that this will get past, but there has been major grumbling, especially on the far right, and it is a high bar for this to pass in the house. they need two-thirds majority of those present today for the surpass. so this is going to rely speaker johnson needs the help of house democrats to get this passed, but just check out some of this grumbling that we heard frustration vented for many house republicans who are wary about voting for this bill. here's what they said yesterday up here on the hill >> this bill in real-time as a failure. so we're going to figure out what to do about it. again. my job right now is to say republicans, you projected what he did was basically took what schumer wanted and said, okay. very disappointing >> now, if and when this path

is in the house, that's when this bill comes over here to the senate. and it does take, take tough slog any one member can stand in the way do of voting. and of course they're running against that time for midnight tonight. so the delay is what we're watching for over you here in the senate. so a lot of possibilities for this to get off track today. of course, lawmakers hoping to avoid a partial shutdown over the weekend barreling towards that midnight deadline >> all right. so i'm lynn stay close. let's see what happens. thank you very much for laying it out for us for instant close this all throughout the day so this also ahead the white house is taking out one of the biggest cartels in mexico. now new ways, how it's trying to prevent them from laundering millions of dollars made from fentanyl and will the dow crack 40,000 for the first time? hi, i'm that is a question today, actually, as we are moments away from opening bell on wall street week's slides, cia

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self, and get the credit you deserve. >> vegas the story of sin city. sunday on cnn >> new this morning, the biden administration is rolling out new sanctions against mexico's powerful sinaloa cartel for laundry millions of dollars made from selling fentanyl in the united states treasury official say the scheme involved using drug mighty to purchase cell phones in the us, which were then shipped to mexico and sold at local stores. deputy treasury secretary, wally eddie mo is part of this effort and he is with us now. thanks so much for being with us who and what will these new sanctions target

>> thanks for having me and this is amongst the 300 sanctions we've leveled over the course of the last two years and these target, these sanctions today will target individuals duels who have helped with this that has allowed this mexican drug cartel to earn money here in america from putting american lives at risk and then take that money and moving to mexico to enrich themselves. and our actions today will make sure that that financial assistance is cut off. i'm a phoenix today because this is an action that has been driven by are the treasury office there's a foreign asset control as well as the da. and we've worked together to cut off these individuals and we're committed to continuing to take steps to make sure that the money that they earn in this country is not accessible to them. and to stop deaths from fentanyl, you know, you just said they're part of some 300 sanctions that have been issued over the last couple couple years >> how are they working? have they stopped the flow of fentanyl

>> so the presence directions second chair yellen created a strike force at treasury to go after the assets of these individuals. fundamentally, these drug dealers, what they are, because their business people who are trying to earn money unfortunately, the business therein is illegal and it's costing americans their lives. so our goal is to use every tool in our toolbox at the president's direction to cut them off that money to demonstrate to them that they can earn money selling these illegal deadly product here in the united states. but it's part of a holistic strategy by the administration that includes engage here's what the mexican government secretary you yellen was just in mexico, but in addition to these tools, the president was asked congress to give us additional tools as part of the bipartisan negotiation in the senate that will help us stop the flow of fentanyl into our country. >> all we're talking about sanctions, shifting gears here. the biden ministration has placed sanctions on israeli settlers in the west bank, broadly speaking, there are some disagreements now between the biden administration and prime minister benjamin

netanyahu on the path going forward what other sanctions, if any might be possible in regards to israel or israelis >> we're going to continue can you to look at how we can use our tools to effectuate the type of foreign policies changed with president has called for and how we can use it to protect the stability of places like the worst west bank. my going after a violent extremely settlers, many of the people that we've already sanctioned or people who have already been prosecuted by the government in israel. and what we're doing so making sure that they don't have access to the us financial system in order to buy weapons and other tools that they're using to perpetuate violence that israel has already recognized. in their country. but we're committed to using these tools as part of the president's foreign policy in the same way, we're using them here to try and make sure that we're cutting off access to those that are i'm using the us financial system to do something that isn't violation of our national security interests >> more on the issue of

sanctions last month, the ministry thracian announced hundreds of new sanctions against russia for the war in ukraine. this morning, ukraine's says it just had the worst series of airstrikes against its energy infrastructure to date in this two-year war, how are the sanctions deterring russia, which is gaining territory, strengthening? it's attacks >> john, i think one of the things that we know is that sanctions are just one tool in an overall strategy that the president is implementing. our goal was sanctions in the russia-ukraine contexts, or to slow down russia's ability we'll do the buy weapons and der, and revenue. but fundamentally, in order for us to make sure that ukraine has the resources they need to defend themselves. congress needs to pass the president's national security supplemental in the same way that, that simple mental includes resources for ukraine, the senate had negotiated a package of authorities that would give the president the ability to stop that fentanyl's flow under this country. and as you

know, fentanyl's the leading killer of americans between the age of 18.49, you're gonna do everything that's possible. and while we're going to continue to use sanctions and i've mentioned the 300 we've done, we need additional authorities from congress to make sure sure that we have all the tools in our toolkit has a government to make sure that fentanyl stops threatening the lives of americans, including here in phoenix where i am today deputy secretary, while at mo nice to see you this morning. thanks so much for being with us >> it's great to have him come on. we have some breaking news to bring to your news as the us lead un security council resolution, calling for a ceasefire in the war between israel and hamas. we just were talking about it, that resolution has failed. cnn's richard roth is back with us richard, what happened >> russia, china vetoed this resolution proposed by the united states. washington advanced its language, agreeing finally, to a resolution which says it wants the council would won an immediate ceasefire. the us has not gone that far before

there have been lots so vidoes every few weeks, the us said this was a strong resolution in consultation with all the members. but in the end, the russian ambassador said the us was playing politics. that they were throwing voters of bone by this resolution the us ambassador linda thomas-greenfield said the objections were petty and said the us is going to keep at it not much help here. i don't know how much trump there was before for the people of gaza or anyone in israel who believes in the un, but not today. >> not today, not happening in un security council today in doha, qatar than glaciations to try to move those talks along. do you continue? but an important moment nonetheless, richard roth, thank you so much. it's great to see you still ahead for us, will the dow crack 40,000 for the first time ever? it would be obviously a historic milestone that's a question today as we are watching markets open. and is cracking down on ai usic tennessee just became the first

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currently investigating the incident. cnn has previously reported that justice department was looking into this and also looking into boeing. boeing has declined to comment for the first time a state law protecting musician two voices from artificial intelligence cloning for the first time there is such a measure, tennessee's governor signed the new law to protect musicians go and beyond, just protecting their names, images, in likenesses, it is called the ensuring likeness of voice and image security act. it's got a very catchy name the ad cronin is the elvis act. makes sense now, the popular weight-loss drug, wegovy is going to get much cheaper for some patients medicare could soon start covering it for certain senior citizens. and people with heart disease. the fda just approve the drug makers application to add cardiovascular benefits to that will go vi labeled so the clock is ticking and the walls seem to be closing in just three days before the deadline to hand over his 464 million bond payment. donald trump

seemed to suggest that he's got it covered yet his legal team says that he doesn't. >> the >> former president claiming this morning that he has almost $500 in cash hash. as he says that the new york attorney general is making the necessary plans right now to begin seizing his assets. if he fails to pay up by monday, joining us right now, a cnn political commentator, s. e. cupp, republican strategists, doug hi, doug, what do you think of this moment and how he handles it? what it means for donald trump politically. >> so how many times if we had conversations about donald trump and we've used the word unprecedented, i'm bored of it. $500 million in what presumably is the largest suitcase any of us has seen, gets us to a new place. if that suitcase exists so what i think it goes to where the trump campaign is moving, where the conversation is moving, does he have it, does it not, does he not have it? and ultimately, what's the conversation that voters are having were all very focused on this in new york, in washington

dc, you go to wisconsin, you gotta winston-salem, north carolina. this is not the conversation they're having. their worried about the money that they have or don't have because they just want bacon to the grocery store. and i think sometimes we lose sight of that that's a good point. >> frank ones longtime strategist, longtime pollster, he had an interesting take on if monday hits and the new york attorney general begins the process of seizing assets, what the impact will be. watch this i want you to remember this moment and don't forget it. if the new york attorney general starts to take his homes away starts to seize his assets so all going to be on camera panera is going to sit during scream about this. this man cannot be elected you're going to create the greatest victim hood of 2024, and you're going to elect donald trump that to our own john berman pulling double duty last night. is he

right? franklin >> yes. >> first of all, tish james doj, the justice system should not care about an effect on an election put that aside donald trump has already cemented his victims among his base. they see him as a victim. everything else around him as corrupt. it's not him. it's everything else around and that's amended. but two dogs earlier point people are not voting on this issue unless you or a donald trump dyed-in-the-wool maga supporter, you don't care about this stuff. you care about the fact that you haven't gotten a raise in five years, you care about the fact that the border seems border less. you care about crime, you care about opioids, you care about the economy so week we will talk about this because we should, and we have to, but it's not going to drive people to the polls in the way that anti-trump people think it will. but, but, but, >> yeah, new pooling out your david chalian highlighting this morning that when you look and michigan and pennsylvania and the new cnn polling the way that people are voting democrats and republicans.

it's, it's, they're voting on donald trump. they're voting either against donald trump or for donald trump having little to do with joe biden, but doesn't this speak to that? >> this week's have larger attitude about donald trump, but it's not, it's not the specifics on this and it also we should remember donald trump isn't a set of policy proposals. he's an attitude. you either like that that attuned and embrace that attitude, or you don't. >> yeah. >> but. that's the reality of where voters are and if you look in michigan or other swing states, you said earlier, but, but, but that is the hardest thing about this election because we can look at donald trump strength and say, but, but, but we hear week here, problem here, problem there. joe biden, incumbent president, but weakness with hispanics, weakness with african americans, but the border, this is why this election is sort of the resistive force versus the movable object. and i think makes it very hard moving forward to make concrete predictions about what's going to happen. >> there are a lot of in this segment, i am just saying, i don't know what you mean by that >> i don't want to die.

>> it will take a person it's not like we don't live inside and take it. >> okay. let's run through a couple of the topics have been dying to get you guys on the news that the joint fundraising agreement that trump inked with the rns the puts this on the priority list. donor money goes first, the trump campaigns, second to the pack that is paying his legal bills. and then third, third billing is the rnc self you here for the rnc, you ran communications for the rnc. >> is this good? >> no and look, >> what they've said all along is no rnc money will go to pay donald trump's legal bills. so if we think about you're a fan of george costanza, it's not a lie if you believe it. this is sort of goes to that because the rnc money is not going to that, but it's going to be diverted before it gets there. and this is the problem that large donors are having, that small donors are having they want to beat democrats and they want to beat democrats in gubernatorial races, in congressional races. those things at the rnc helps to fund in the field. some of that money is going to be diverted away. and i think that's a

problem for the rnc moving forward, i want to get to the biggest political moment or headline of the week that flew under the radar, said another way, i'm not doing my job >> i see you say the biggest political moment has to do with the trump indoors republican ohio senate candidate bernie moreno. he just won the primary there and i was going to be again up against sherrod brown in november and human saying in an interview that he doesn't he doesn't robot moderate voters. he's not even trying to get them to vote for him. there isn't. they can go to the other side. let me play a piece if you want the party of mitt romney and liz cheney, then you have a choice and the other side, but i don't think that's where ohio is. they see what they want is people in office and put the interests of america first >> you know, i've been around awhile. kate, i really have never heard as many republicans telling republican voters to go and vote for democrats. >> i have heard it. you need to

do a super cut because whether it's trump telling nikki voters, we don't want shia we want to make the party completely maga or trump telling his own voters to get out, go vote for liz check if you like liz cheney, if you'd like mitt romney, you're not one of us anymore. it is amazing the idea that the math of this no longer matters. i don't think winning even matters. it is to shrink and condensed the party. so it is completely pure trump pure. it's not a big tent anymore. it's not to bring him new voters it is wild to me. >> and in >> any other time, we would be covering this this is a huge moment for the republican party literally keep kicking voters out of it. but no, but now >> it's headline flying under the radar for you. under the radar is that congress has actually reached a deal to avoid a government shutdown. maybe sort of kind of, maybe sort of kind of is a big part of the story, by the way super cuts $15. i think it looks okay

get our story is that mike johnson was able to potentially get a deal through and by the way, not have his job threatened by this. johnson is doing good competent work as the speaker, which is something that i think people didn't think would be possible. there's such a slim margin of error for, for johnson that getting any three anything through is a real victory forum. we're gonna get past this moment. we're not not going to have a shutdown. and i think it's to his to his credit into his team's credit, we don't talk about it enough because we're so used to congressional nightmares, things like that. >> but also stay i'm going to of our time, but congress doing his job and a speaker of being able to figure it out, is it is it headline? yes, it is great to see you guys. thank you. but >> john putting the super in super well done it. a lot of value in that on a brand new episode of the whole story with areas cooper, jake tapper has the story of cga reiss, who's murder conviction was overturned turned earlier this

year. thanks in part to jake's father, deck dr. theodore tapper. here's a preview >> naibe way 2017 dr. tara hopefully as is letter residual everything is as good as can be given any and all circumstances >> may 2019, their cj april to 12 december 2021, february 13, 2020 these ladders for my dad. >> did you look forward to getting them? >> i did yeah, i did >> like a lot >> yeah. because it's a it's a constant so you get used to constants in jail. but most of them are demeaning or not so personal but a letter. >> we're ink on it >> from somebody on either side of the water as personal, that makes you feel human there was

genuine the cannon concern as a five the he for me, it was genuine >> such a difference all right. you can see that whole episode sunday night at 08:00 p.m. so watching the markets this morning on what could be an historic day on wall street. the dow doesn't have too far to go to get to 40,000 i will say if moving in the wrong direction right now, we're going to take a quick break and see if we can fix that. >> we'll be right back >> there is no media personality >> businesswoman celebrity chef like herman the mini large of martha stewart now streaming on macs >> the best advice i ever got was to invest with vanguard from my retirement the second-best stay healthy enough to enjoy it so i started

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dash.com and see how much you can save i'm r let signs at the white house and this is cnn >> all right. the markets open just a short time ago. now overnight, the dow was really close. >> how close? very, very close. so close. i can't do the math, but it was near 40,000, right? it was already at a record high 40,000. a big round number. the question is, will it get there? well, it will eventually, but when with us now cnn's matt egan, we got really excited. it was close to 49 >> we did we did before break, you said you're gonna try to fix it. did you try turning it on and off again because usually that works for me >> the router. let's try that but next time, listen, even the fact that we're close to 40,000 is pretty significant allowed people didn't think that we'd be at this point because remember, a lot of colonists and ceos, investors, they were really predicting gloom and doom right now,

right? a lot of people thought this would be a recession right around now, instead, it's looking more and more like a soft landing it's really one of the reasons why the market is up. also, it's the fact that the fed has stopped these monster interest rate hikes. it's kind of in a wait-and-see mode and starting to signal that interest rates are going to be going down. there's also the ai boom. i mean, investors are pouring hundreds of billions of dollars into nvidia and other hi companies. so all of that has really, really helped boost the market. now, i know that the stock market is not the economy, right? and what's good for while she does not always good for main street, but this is not just good news for millionaires and billionaires because a lot of real people have money in the stock market either directly or indirectly through mutual funds. and for one case and all. of those funds have also gone up new stats from the fed show that 58% of households own stocks. so that is a record high. and if nothing else, my little ones, their college savings plans look a little bit mightier than they did a week ago.

>> 529, some of the best products out there, essentially to them present good to see you. thank you. yes. thank you so much, matt. >> this morning more than since 30 million people are facing winter weather alerts with some areas facing the possibility of seeing more snow than they have. all season long. santa's derrick van dam, he's got more for us, whereas spring again, direct yeah. >> one such city that is looking for spring, but we'll have no such sign of spring anytime soon as minneapolis trust me on that one because, you can see what it looks like right now on your tv screen. perhaps you're watching on your tablet at home, but that's what minneapolis looks like. it's fresh coating of snow, but they're in a snow deficit, right? but with this upcoming snowstorm that will move in this weekend, we have the potential to surpass the entire winter's snow totals in minneapolis and several other locations. so let me take you back to what's happening this morning with the first round of snow. this is now impacting places like milwaukee, my home city of grand rapids, michigan,

very active radar right now now across the great lakes and into the upper midwest in fact, another three to six inches is still possible, but this storm system is going to quickly move east. it's going to conjoin with another storm to the south, bringing rain to the eye 90 corridor where we hit currently have flood watches boston all the way to new york and dc. but on the cold side of that storm, we see the snow measured in feet, at least more than 12 inches for places like upstate veont d new hampshire and new york, flood wahes for sohernortions of florida. it's all thanks to this large storm taking a abundant moisture from the gulf of mexico, by the way, the potential for severe weather near miami dade today. but that's going to be responsible for the what? soaking weekend that we can anticipate across the east coast. again, the snow on the northern side of this but if you're located across the major east coast cities, it will be what? check your plans for saturday, maybe bumped into sunday. it'll be a better de and then the secondary storm system that will bring more snow to places like minneapolis and just north of chicago >> sunday and monday.

>> i don't mean you make this all about me, but did you say two to four inches of rain here tomorrow? yes >> prepare yourself saturday. you haven't war. >> we were building up to like happiness on the, at the end of the show on friday, derek. so yeah. >> all right. >> let's try this get better, but that's all right. well, try harder next time. >> it'll be derrick van dam and gerald ford from grand rapids, michigan. thanks so much, darren. well, play john berman >> thank you all so much for joining us. you can tell it's our friday. >> this is >> cnn newsroom with doing causes up next >> we're here to get your side of the store. >> why do we keep ending? >> you can't write this stuff. >> united states of scandal with two sunday at nine on cnn, pain hits fast. >> so >> get relief fast. only tylenol, rapid release channels have leeser drilled holes. they release medicine fast professed pain and now good max, during topical pain really precisely where you need it with new tylenol precise >> it stackable savings time, it cabinets to go see, but 40%

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