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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 star...

now, this is a gas line on fire in the middle of all the wreckage. emergency responders say they were slammed with 911 calls for d gas leaks and building collapses. >> we have a all hands on deck right now. all neighborhoods not just this nei neighborhood. >> my 25 years here, this is probably the worst damage ooi'v seen. just catastrophic. >> cnn's rosa flores on the ground in pasadena, texas. you have been seeing the damage there. tell us about it, please, rosa. >> reporter: there were so many intense moments. that's what the people here say. and we're on the path of that destructi...

>> bill: he is one of nearly 40 on the watch list arrested at the border so far this year. fiscal year 2023 which started in october, okay? your october, november, december, january, we're already at that number. the problem is growing under president biden. republicans today will begin the process trying to hold him accountable. >> dana: one hour from now house republicans hold the first hearing on the border crisis. the focus will be on smuggling and the influx of deadly fentanyl. >> bill: arizona sheriff mark dannels says the situation is untenable. >> i'm coming to d.c. to addres...

i'm kasie hunt here in washington. a dangerous ice storm now crippling parts of the american south. in texas, reports of hundreds of accidents, some deadly, as roads turn into ice rinks. right now 40 million americans are under storm threat, freezing rain is raising fears of falling trees and power outages, and air travel is a mess, too. we have seen ground stops, about 1,500 flights cancelled so far, and more than 2,500 delays. we have seems tracking all of it. first, let's start with ed lavendara in dallas. ed, dicey, dangerous, deadly and, quite frankly, it is only going to get wo...

cnn has confirmed multiple contradictions, including claims that nichols grabbed an officer's gun which was heard in one of the body camera recordings released last week by one of the officers talking about it, but it's not visible on the video. >> you were going for my gun too, so i'm, like -- >> he grabbed my gun. look. got him out the car and i was, like, hey, bro. you good? he swung and hit me. he reached for my gun and slammed into the car. >> so far, ten city employees have faced consequences in the wake of nichols' killing. of the latest, two emts and a fire department lieuten...