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major consequences for all americans. just one hour from now the federal reserve is expected to roll out its eighth straight interest rate hike. experts, executives and the markets all hope it will be one of the smallest yet. just a few blocks away, down at the white house, president biden and house speaker kevin mccarthy will sit down for their first stare-down since mccarthy became speaker over the debt ceiling. if one doesn t blink soon, you can say goodbye to federal elt benefits and hello to a financial meltdown, all courtesy of your representatives on capitol hill. let s start with cnn s matt egan over at the fed. matt, is today the day that jerome powell starts to pump the brakes on these interest rate hikes? it certainly looks that way. it would be a big surprise if that didn t happen. fed officials have been dropping hints, strong hints for weeks now that they do plan to dial back this war on inflation today. the thinking is that the fed goes from a 50 basi ....
there are winter storms and then there s this, an historic co coast-to-coast arctic blast packing the power of a category 2 hurricane and whether it s blinding snow or subzero temperatures just about everyone out there is feeling it. more than 200 million americans right now under winter warnings or advisories and looking at that map, the more purple you see, the colder it is. and the timing of this is simply terrible. holiday travel where it s even possible is a mess as you would guess. thousands of flights are canceled right now and you can forget about driving in a lot of parts of the country. in new york the snow and flooding are so bad all n nonessential travel is banned right now and in rhode island, massive waves hammering the coast. street flooding there a big concern. and blizzard conditions are also making for some white knuckle driving in ohio and cleveland. it s going to feel like minus 27 all day. and in the south, well, that s where you ll find a lot of ic ....
suarez live in tampa. chad myers is tracking the storm. chad, we re talking about all of the computer models, the various paths. what are they telling us right now? they re getting more organized even though there are five or so different models that we look at. the ones that the american model was really way out in the middle of the gulf of mexico. that was last week. the european model was in the atlantic ocean, 700 miles away. now all of that has calmed down and narrowed down to about a 100 wide strip where not that much air, what a pretty picture as long as you doan have to deal with this. this is the hurricane. the visible picture from the sky. this is what it looks like when you talk about the hot towers. the big thunderstorms around what could be and likely later today an eye. the storm is now breathing. it is sucking air into it from the surface and it is blowing it up to those towers and out of the top and that is what we call a breathing, living, growing hur ....
indeed, good to have you. i m jim sciutto. justice department facing a noon deadline, two hours from now, to give a judge and we should be clear a redacted version, perhaps highly redacted of the affidavit behind the search warrant for the mar-a-lago home of the former president. the judge will then decide whether to release that redacted version to the public or continue to keep it under wraps. plus, new details about the national archives multiyear effort to get former president trump to hand over classified documents from his time in office. a top white house lawyer at the time told trump he should hand those documents over. so why didn t it happen? key question. also overnight, the department of justice releasing an unredacted full memo from 2019 that unveils why former attorney general bill barr decided then president trump could not be charged with obstructing the russia probe. we ll break down what is ahead in all of that. all right, let s begin this mornin ....
response, while the gunman was inside that classroom. we now know, some of the pictures there, 11 officers responded to the school within three minutes and those images show officers not only heavily armed in the hallway, but also with protective gear. they still waited 58 minutes to enter that classroom, take down the shooter. cnn s rosa flores has the latest on the investigation. i find it shameful we had almost 100 officers on the scene and i had to leave work and save my own. outrage palpable in uvalde, texas, as first image from inside robb elementary during the shooting is released. this surveillance picture shows officers standing in the school s hallway with rifles and a ballistic shield with a time stamp of 19 minutes after officials say the gunman entered the school. it shows in the minds of at least some investigators reviewing what happened that day is that authorities had adequate firepower and adequate protective equipment, 58 minutes past from the t ....