it is freezing much of the midwest and central states whilst deadly tornadoes are ripping across the south. >> tornado threats will continue across the southeast throughout the morning and schools in mississippi will be closed today. a child has died and his mother is still missing after a tornado touched down in louisiana. one woman says she's lucky to be alive. >> we got in the shower and by the time we got hunkered down the roof was gone. they always say you hear a train coming, well, this was a big train. we're lucky. the house can be replaced. we're alive t. would have been worse. >> millions of people are under winter weather alert. a blizzard is raging from colorado to south dakota. officials are in nebraska are calling it a one in five-year storm.

this was the view in colorado. whiteout conditions and dangerous blizzard winds making local roadways impassable. >> for more on the forecast and what it has in store joined by meteorologist britley ritz. >> absolutely. as the sun comes up over america this morning, notice blue ridge, texas. homes completely wiped off of their foundation and this, again, is just going to be a repeat as this whole system crawls across the united states. tornado watches still in effects for parts of texas and louisiana and mississippi this morning. we have already been dealing with tornadoes overnight and early this morning. a lot of lightning with it. the strong, damaging winds and hail as well. still have a few warnings in effect, one being a tornado warning. down parts of louisiana and mississippi right there on the

river. we've already had 12 reports of tornadoes, 17 wind reports and 6 hail reports. hail in parts of texas reaching nearly 2 1/2 inches in dye a.m. meter. again, the system slowly crawling across the southeast today. that severe wetter threat holds and back into parts of florida and the carolinas as we roll into your thursday. areas in orange where we're vulnerable for a few strong tornadoes this morning and throughout the afternoon and evening. damaging winds and large hail. that extends upwards across all of the southeast although the threats minimallize. as we move into thursday, we have threats of damaging winds and hail across parts of florida and the carolinas. flooding threat a concern. flood watches in effect. flood warnings in effect. we have to be mindful of that. we've already seen video of all of the roadways covered in water. turn around, find a different

route. you just don't know how deep the water is. over the upcoming next five days the flood threat holds across the southeast and back up into the tennessee river valley. these are areas that have been completely icnundated. this is on top of what we've already picked up with an additional 2 to 4 inches. we could see rain rates picking up over 2 1/2 hours. max, buy agnieszka. >> thank you. lawmakers in washington approaching a spending deal that will fund through next year. house and senate negotiators have reached a framework. >> the top house republican reports the deal and wants a short-term deal that will give the republicans more control of the process when they take control.

>> we are keeping an eye on the markets. tuesday the inflation report, that was positive momentum. the dow climbed 1/3 of a percent and the dow closed up 1%. cnn's matt egan reports from new york. >> max and bianca, the federal reserve is widely expected to deliver another major rate interest rate hike today. signs could give the fed cover to slow the pace of the rate hikes. there's a growing body of evidence to suggest that the worst of this inflation crisis may be over. inflation may have finally peaked and is moving something closer to healthy levels. the latest report shows consumer prices jumped by 7.1% year over year. that is more than expected.

it's the fifth straight month of cooling price gains. it's the lowest rate all year. month over month core inflation which excludes food and energy is at a 15-month low. it's too early to declare victory. we don't know how long the trend be will continue nor how long it will take to get down to 2%. inflation is still hot in some parts of the economy, especially food. we've seen rapid price gains for eggs, butter, flour among other things. rent is another sore spot. it's funny if you had told me two years ago that wall street and the white house would be celebrating 7% inflation, i wouldn't have believed it. in any other time in the last seven years this would be a terrible number. everything is relative. inflation was above 9% and the trend is going in the right direction. this is good news for families suffering from high inflation. it's good news for the federal reserve which has been pulling out all of the stops to get

prices under control. it's a slam dunk that the fed will raise rates again today. the question though is by how much and there is growing confidence on wall street that the fed will go from 75 basis points the past four meetings to 50 invasion points. if it keeps cooling, perhaps the fed won't have to raise rates as high as people had feared. that would lower the risk of a recession from 2023 to 2024. max and bianca? >> matt egan in new york. president biden pailing the inflation report. >> inflation is coming town in america. in fact, this new report is the fifth month in a row where annual inflation has fallen in the united states. i want to be clear, it's going to take time to get inflation back to normal levels as we make the transition to a more stable and steady growth. we can see setbacks along the

way as well. >> can you say when you expect prices to get back to normal, mr. president? >> i hope by the end of next year. i can't make that prediction. i just -- i'm convinced they're not going to go up. >> good news. and the u.s. is already seeing some of those setbacks as a result of extreme weather this year. the price of orange juice is set to skyrocket given a lower supply of the fruit thanks to florida's hurricane season and a citrus disease as well. >> u.s. department of agriculture says florida is going to are produce the smallest crop of oranges in nearly 90 years. orange juice prices are already up 40% this year and experts say the next price hike is set to hit early next year. there's finally some relief from sky high interest rates here in the u.k.

year-over-year is down to 10%. it was 11% in october. they are going to raise interest rates for the ninth time in a row as the next meeting is on thursday. former ftx ceo sam bankman-fried spent the night in jail. >> he was arrested and at the request of the u.s. he was denied bail. his next court date is set for february 8th. >> and bankman-fried faces extradition to the u.s. where he's been indicted on charges ranging from conspiracy and fraud to campaign finance violations. he could be sentenced to 115 years in prison. carlos suarez has the details from the bahamas. >> this is one of the biggest financial frauds in american history. >> reporter: ftx ceo samuel

bankman-fried appeared before a judge at an extradition hearing. >> in 2019 until earlier this year bankman-fried and his co-conspirators stole billions of dollars. he used that money for his personal benefit and he covered expenses and debts of his hedge fund alameda research. >> reporter: he's been indicted often criminal charges, including wire fraud, campaign violations. he made donations in the tens of millions of dollars. >> all of this dirty money was made in service of bankman-fried's desire to buy bipartisan influence and impact the direction of public policy in washington. >> reporter: prosecutors allege bankman-friefd conspired with others on numerous schemes including diverting billions of dollars to his hedge fund

alameda research. they valued them at a combined $40 billion. >> bankman-fried's entire house of cards started to crumble as crypto asset prices crumbled in may of 2022 and as alameda's lenders demanded repayment. >> the 30-year-old son of two stanford law professors studied physics at m.i.t. and traded before launching this in 2019. it quickly became one of the leading crypto exchanges with celebrity promoters tom brady, gisele bundchen. >> not a trade trade. i'm trading crypto. >> reporter: following the inner workings of the company. they started withdrawing at a rapid pace. then all came crashing down for bankman-fried and he resigned. ftx filed for bankruptcy on november 11th. >> a lot of people look at you

and see bernie madoff. >> i don't think that's who i am at all. i understand why they're saying that. people lost money. people lost a lot of money. >> reporter: later he was asked about his criminal liability in the matter. >> how concerned are you about criminal liability at this point? >> the real answer is that's not what i'm focusing on. it's -- there's going to be a time and a place for me to sort of speak about myself and my own future, but i don't think this is it. like right now -- >> reporter: on monday in a podcast on twitter spaces he said he didn't believe he would be arrested. >> are you worried you might be detained if you stepped foot into the u.s.? >> i don't believe i would be but i haven't done a like deep dive into that. >> reporter: sbf said he is going to fight extradition to

the u.s. and you can understand why. if he's convicted of the charges out of new york, he faces up to 115 years in prison. his next court hearing here in the bahamas is scheduled for february. carlos suarez, cnn, nassau, bahamas. meanwhile, in washington ftx's new ceo john wray testified before the house financial committee. he painted a picture of inexperience, no recordkeeping. >> even the most failed companies you have a clear roadmap of what happened. we're dealing with lowely a paperless bankruptcy of how they created this company. it makes it very difficult to trace and track assets, particularly as i've said in the crypto world, it's -- it's really unprecedented in terms of the lack of documentation.

we've lost $8 billion customer money so by definition i don't trust a single piece of paper in this organization. >> the bahamas is asking ftx and the new ceo not to obstruct its own probe into the company's collapse. bahama's security commission took issue with how they characterized emails between bankman-fried and the bahama officials. le the danish bank pleaded guilty on tuesday to one count of conspiracy to commit bank fraud. the sec said there were other allegations of money laundering in which the bank agreed to pay $400 million. u.s. prosecutors said they allowed foreign actors to funnel money through their barge in estonia to get access to the u.s. financial system. a group of lawmakers want to

ban tiktok from operating in the u.s. it will block social media companies based in chien be na. senator marco rubio says action is needed to combat the action of tiktok which is a chinese communist company. u.s. department of homeland security is deploying additional agents at the u.s./mexico boardr in el paso, texas. >> they are concerned about a covid era border policy will expend. currently it allows the u.s. to exexpel migrants. ed lavandera has more. >> reporter: as the sun fades away over el paso, a large group of migrants stand on the bo border's edge waiting to be processed by agents while a few others tip toa cross a short

path of the rio grande. they are part of a rise in border crossings. it's happening as a trump era disclosure is over. u.s. border authorities interacted with more than 2 million migrants in the last year, up from the previous year, but in recent days an average of almost 2500 migrants a day have been moving across this border between mexico and the u.s. through el paso. >> title 42 is only going to make that situation worse where they're going to have more apprehensions. we'll have more releases into the community and we're not prepared for it. >> three weeks ago according to customs and border protection, the seven day rolling average was fewer than 1700. 000s of migrants are coming from central and south america as well as cuba according to u.s. immigration officials. >> i'm helping them get food.

this is not about politics, it's about humanity. they're out here and they're cold. >> reporter: some have been camping out across the border in mexico raising concerns they will cross en masses if trump era border restrictions end in a week. still others have been boarded on to buses to be processed or turned around under the provisions of title 42. >> we are taking steps to be able to manage the expiration of title 42 and to put into place a process that will be orderly and humane. >> homeland security secretarial lay han dra may york cass said he's meeting with organizations. for now the immediate process is housing and managing a large influx of migrants. >> if the court cases get resolved and the courts allow title 4 to b2 to be lifted, we

have homes for them. >> reporter: border patrol recently dropped a busload of migrants at his doorstep and he's worried they'll have to turn people away. >> we'll have to say no. not because we want to, simply we don't have space. the reality is there's too many people. >> reporter: the biden administration is projecting anywhere between 9 and 14,000 migrants could attempt to cross the southern border once title 42 is lifted next week. there are a number of legal challenges playing out in the court and because of that it is possible title 42 is kept in place next week. in the meantime, border cities like here in el paso are bracing for what's to come next week. ed lavandera, cnn, el paso, texas. ahead on cnn, how the u.s. justice department has expanded its investigation into overturning the 2020 election

and who was involved. ukraine has been calling for highly advanced air defense system and now the u.s. is about to give it to them in what could be a potential game changer on the battlefield. argentina is next. amanda. >> really well. >> reporter: yeah, lionel messi will be there in sunday's side. will indeed defending champions france or the odds defying morocco standing in his way of getting his hands on that trophy. i'll be here with all the latest from doha in just a couple of minutes. stay with us. new gingersnap apple french toast, part of our new holiday menu. try all three flavors.

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bianca is not seeing the positive. she'll get through it. >> i'm not looking at it.

>> imagine what it must feel like for these guys. they are in the world cup final losing their minds after argentina rolled past croatia who couldn't find the back of the next in the semi-final. >> max. >> it's 3-0 after argentina's humiliating loss. i'm reading the script. it wasn't written by me. >> the argentinians will face morocco or france. morocco the only african nation to make it this far. they're the sentimental favorites. can they fend off the defending champs in today's semi-final. let's cross over to amanda davies tracking it all from doha. >> commiserations, bianca. most of us are there. the families were pretty philosophical. they were pretty pleased with this performance saying

finishing third, that wouldn't be bad after finishing one about four years ago. i have to say, it was a truly special night last night, to be able to be there was one of those pinch yourself moments that i'll remember for years to come. to see those moments of messi magic to put himself and his team into the world cup final. within touching distance and it would complete the set in his career. he overtook the argentina record goal cup scorer. that ever goat debate, the greatest of all time. remember, that is not what he and his teammates came here for. they are here to win this trophy. and you could see what it meant

to them to have made that final step into the decider. i was there for the game after that embarrassing, awful defeat to saudi arabia. there were exasperations and through every game, this is an argentina side who have really grown in confidence. they've grown in belief. they've now played six finals as messi puts it and be they very much have the belief they can take that step further and claim that first world cup since 1986. have a listen to what messi says afterwards. >> translator: we've been enjoying it a lot since we arrived at this world cup. even though we had a losing start, as we said at the time, we were confident in this group. we are going to move forward. we asked people to trust because we knew what we are. this group is crazy and, well,

we did it. we are going to play one more final. argentina is in a world final and, well, let's enjoy all of this. the. >> reporter: messi seemed to confirm afterwards that sunday's final would, indeed, be his final world cup match in an argentina shirt. you just have to ask the question now, who it will be standing in the way of what many people see as his world cup destiny. we're just under 10 hours now from kickoff in the second semi-final between morocco and france. the atmosphere is very much building already in the soup behind us. people are talking of 40,000 moroccans who have descended here on qatar to be part of their historical record-breaking r run. the manager says he knows the weight of the crowd will be against his side. morocco, the weight of history against them, that's still not

stopping their confidence of keeping their fairy tale run going. >> they have to have one of the biggest support groups, haven't they? thank you so much, amanda. is switching sports for the sake of bianca's mental health. we'll go to the national football league and the players league are reviewing a head injury. the wide receiver a bit shaky on his feet after a blow to the head. a team mafltmate noticed and thd the medical staff didn't seem to notice parker may have been hurt. basketball star brittney griner is thankful to be back home. she's heart broken paul whenlan is still in russia. >> the biden administration was unable to secure his release. griner's agent tells cnn she's thinking about whelan and his

family. >> you can be both joyous and heart broken. she's heart broken paul whelan is not home and thinking about his family and has an intention of calling them when she gets home. she's committed to telling the stories and making sure this population of wrongfully detained americans, people know their names and that they're not forgotten. she feels committed to the movement. this just in to cnn. a rescue operation is underway in the english channel after an incident off the coast of kent. aldova is working with france's maritime prefecture. >> the u.k. government spokesperson says all relevant agencies are supporting a coordinated response and more information will be provided. this is why the government had been emphasizing this issue.

>> freezing temperatures out there. still ahead, a potential game changer on the battlefield. exclusive cnn report on the state of the missile defense system the u.s. is planning to give ukraine. plus, what to expect when the house select committee investigating the january th attack calls its final public meeting next week. new science shows it gets in between teeth to destroy 5x more plaque above the gumline than floloss. for a cleaner, healthier mouth. listerine. feel the whoa!

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the most epic sandwich roster ever created. ♪♪ it's subway's biggest refresh yet! welcome back to "cnn newsroom." i'm max foster. if you are just joining us, let me bring you up to date on the stories. blizzard conditions across the u.s. tornado threats continuing across the u.s. and the u.s.

federal reserve is about to announce another interest rate hike in the coming hours. with interest rates cooling experts believe it won't be as high as previous hikes. u.s. justice department is going deeper into the investigation of donald trump. they have subpoenaed officials in nevada, new mexico and georgia. the subpoenas asked for communications from june 1st, 2020, through january 20th of last year with trump, his campaign and number of aids and allies. >> cnn has learned the justice department has tried to get access to scott pelley's text messages. he believed election security was compromised contributing to donald trump's loss. >> it's unclear if perry's texts were disclose the since the justice department refused to

comment. now to what may be the final public meeting of the january 6th house committee. they're approving a report and making announcements on criminal referrals to the justice department. cnn's sara murray reports. >> reporter: after more than a year of working and interviewing roughly 1,000 witnesses, the house committee investigating the january 6th attack on the u.s. capitol is finally on the brink of wrapping up its investigation. the chairman bennie thompson telling reporters they will hold their final public meeting on monday, december 19th. that's a couple of days earlier than they planned. during that meeting they plan to reveal their risk of referrals. that means criminal referrals, referrals to ethics committees and other outside entities. we're expecting the name of those who will be referred as well as the rationale for why they are being referred and potentially other top line

management from the committee. during that meeting they're going to approve their final report. they're not going to make the report available until december 21st. they're going to release as many of the transcripts as possible. sara murray, cnn, washington. we're still getting another point of view from what happened on january 6th. nancy pelosi's daughter was with her mother along with a film crew. >> along with what was supposed to be a record of the transition of power became much more of that. take a listen. >> yes. yes.

we did. yes. >> we're going [ bleep ]. >> stop. stop the nominations of the president of the united states. we will have totally -- we have got to proceed. >> stay here all day? we're here until when? until the national guard decides to come and get rid of these people? >> filmmaker alexandra pelosi sat down with anderson cooper to

talk about what she experienced that day. >> you have the leaders of the house and senate, both democrats and republicans, working together to certify the election results. they were planning on bringing the entire congress from the capitol, to an army base to do it there. that's what they're talk willing about. the can we get buses. can we get 100 senators. calling mike pence. they're coordinating. it's all working. >> speaker pelosi and the leadership, they were determined to get this done on that day. >> with the participation of the republican leadership. so it's important to point out that government was working that day. and since then it's all been, you know, weaponized into political speech and it's all been turned to conspiracy theories but on that day, that's what was happening. they were going to certify the elections no matter what. >> exclusive reporting by cnn

shows the u.s. is finalizing plans to send the highly advanced patriot missile defense system to ukraine. u.s. officials say it is supposed to be approved by the u.s. defense secretary and joe biden. the patriots could be shipped in a matter of days. cnn's oren lieberman has the details reporting from the pentagon. >> reporter: patriot missiles are what ukraine has been requesting near daily. weeks if not months. the u.s. is preparing to send over a patriot missile battery to help ukrainian air defenses. air defense has been one of the top priorities to get to ukraine and a key focus of the international meetings to see what is available. the u.s. making the decision to send the long range patriot which will fit on top of the systems they've already provided. at the beginning it was the short range systems and more

recently the nasams, medium range and now the patriot. the attacks now are causing widespread blackouts and water shortages. that's what tipped the scales in favor of sending the patriot missiles. there's also a question of how long a training will take. normally it takes a month but now that the u.s. sees this war as dragging on and as the u.s. is set to expand the training of the ukrainian forces, the opportunity is there to provide the training to operate the missiles and sustain them. how quickly could they get into the country? with el, the u.s. has repeatedly shown be it can move systems quickly when it comes to himars and howitzers. ukraine has shown it can compress the training time line on some of the more advanced systems. still, this usually takes

months. how much can that be compressed? we're about to find out. oren lieberman, cnn, the pentagon. with moscow's war efforts suffering so many setbacks, they say nuclear weapons may be the only way to win the war in ukraine. he claimed russia is fighting the entire western world. >> ukraine's president said the country's air defense has shut down all 13 drones which attacked earlier. volodymyr zelenskyy said they were iranian drones made by russia. scott mcclain has more on this. tell us what this russian commander said. the this is an increasing anxiety the more russia gets pushed back, encounters more setbacks, they might resort to more escalatory weapons. >> reporter: yeah. we have heard a lot of saber-rattling when it comes to nuclear war. these seem to have hit a new level. thankfully they're not coming from anyone with the actual

power to push the button. what he says on russian state tv seems to confirm much of the west, they seem to be stalling in the wefs lines. here's what he said exactly. >> translator: we realize that our resources, of course, have their limits and the next spiral of escalation can only be upon nuclear. we don't have the resources to defeat the nato block with conventional means but we have nuclear weapons for that. >> we have nuclear weapons for that. the kremlin has not responded what this commander exactly said. yesterday we heard from the donetsk republic and said, look, the russian advance not going as quickly as they had planned. just days ago we heard from

president putin saying he's not taking off the table the fact that russia can change its policy, we're not going to fire the first nuclear strike, to one of opening the door for potentially a preemptive nuclear strike which would change things. this ms could as things seem to be escalating in this war. we have the drone strikes and we have the u.s. as we saw from oren lieberman sending the patriot missiles and now we have another barrage of russian drones aimed at the kyiv region. as you mentioned, none of them actually hit the targets according to the ukrainians, but the fragments of these drones hit some things inside of the stiff. it had an inscription on it. it refers to one of the strikes inside russian territory.

ukrainians have said so. >> as ukraine approaches victory, russia will act in a more escalatory way. still ahead, a historic day at the white house as president joe biden signs a same section marriage bill into law. some are of intensity, othehers, joy. all are of - ahhhh. listerine. feel the whoa! ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $1,000 or more she can sell all or part of it to covent for cash. even a term policyeven a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or

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♪ ♪ the sounds from cyndi lauper at the white house as president joe biden signed the respect for marriage act into law. it provides-protection for same-sex couples. >> the landmark bill also

defends the defense of marriage act as a marriage between a man and a woman. cnn's phil mattingly has more. >> reporter: for president biden, of it a day that was in many ways a culmination, a culmination of a moment where he actually went out in front of the president that he was serving, not something any vice president, in which president biden was at the time, would ever want to do. however, it was a reflection of then where vice president biden stood on the issue of gay marriage. it was a watershed moment. it seems like a long time ago. a moment that wouldn't even factor into discussions based on how that issue has progressed in the past decade. ten years ago he was the highest ranking federal government ranking official, definitely the highest ranking official to take a stand gay marriage should be legal. it was a moment that was memorialized at an event as thousands of people are passing a law that would serve as a backstop of sorts to legalize

gay marriage. it would ensure every state regardless whether the state tried to ban gay marriage would have to recognize it struck down the defense of marriage act which is on the books despite that. it was a moment president biden wanted to make sure he celebrated. >> my fellow americans, the road to this moment has been long. those who believe in equality of justice, you never gave up. we got it done. we're going to continue to work ahead, i promise you. >> reporter: there was probably nothing that gave a better window into the evolution on the issue of gay marriage, not just for president biden who voted for the defense of marriage act, or the democratic party, president obama obviously forcefully out of it much after his vice president but there was a bipartisan effort. 12 republicans in the senate, 39 republicans in the house.

t not a majority of either house but it shows it's starting to move that way inside the political sphere as well. it's something president biden spoke about. it's something that underscored negotiations to get something over the finish line. it might not be something lgbtq advocates wanted. it's across the finish line and now it's the law of the land, phil mattingly. the u.s. department of education is having to tell millions of people their student debt still stands. they're having to correct an email that was mistakenly sent out. >> joe biden's plan is currently held up in court. the department of education received 26 million applications for relief. while millions have already been approved, these 9 million still have to wait. the supreme court can't move

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the british home secretary hats reacted to the rescue operation off the coast of kent. she tweeted she's aware of the distressing incident and is constantly being updated whilst agencies respond. >> the u.s. coast guard out of dover is working with the maritime prefecture. all relevant agencies are is helping with the response. more details will be provided. new netflix documentary is the most watched documentary

ever. the. >> we're happy to lie to protect my brother. we were never wanting to turn the truth to protect us. >> reporter: the rogue royals. >> in its first week of release the show appropriately titled harry and meghan has logged more than 81 million hours watched. part 2 of the special feature will show more than three episodes. they're available to watch thursday. buckingham palace said they would not comment on the docu-series. meanwhile, the prince and princess of wales have raised a new photo for their christmas card. it's taken in norfolk, england, taken by max buttas. if you don't have enough spider man in your life, how do you feel about multiple spider

m men. >> want to get out of here? >> wherever you go from here, you have to promise to take care of that little boy for me. >> eye candy, girls. i promise. sony pictures has released the trailer for the new movie "spider men across spider-verse." >> many versus of spiders. miles morale lels reunites with again stacy. that's where they encounter a group of spider people. the it hits theaters june 2nd. >> what super hero do you feel an affinity with? >> superman. the u.s. postal service is honoring john lewis with his own

postage stamp. >> a follower of the martin luther king jr., he was the key speaker in 1963. lewis died in 2020 following a battle with pancreatic cancer. that is the sound of martian dust. a martian dust devil. a towering whirlwind of dust pushed over the perseverance rover in march september 2021. that's all going up there. we are leaving you now. i'm max foster. >> i'm bianca nobilo. i'll see you after. "early start" is up next right here on cnn. hashtag still not c! mucinex dm gives you 12 hours of relief from chest congestion and any type of cough, day or night.. mucinex dm. it's comeback season.

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