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tv   CNN This Morning  CNN  May 2, 2023 4:00am-5:00am PDT

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go head to head. it feels like we're -- dream duel. kind of forget sometimes just how magical it is to see two of these amazing athletes. this just doesn't happen everyday. >> no. it's funny to think of them as old guys. >> right. 35 and 38 respectively. >> nba years, they are older players. but when you watch them play, they're so cerebral in the way they go about the game because they have been doing it for so long. the mind games they play against their opponents. the interesting thing against each other, they can't really do that because they both know the other one so well. they've played against each other. there's not really those mind games. i think it's just going to be some fantastic basketball. >> yeah. the steph curry quote, attitude can manfest a lot of things is so great. >> wa did he say again. that was last week? >> that was sunday after he had that incredible game. but he missed five free-throws in the last two or three games. he was saying, that's not like him. but he was saying he got up
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there and even though he missed he had this huge grin. it's all act your attitude. >> attitude can manifest a lot of things. >> they both have good attitudes. >> we'll see what they manifest for tonight. jeff, thank you so much. as always, we love having you here. "cnn this morning" continues right now. ♪ treasury secretary janet yellen warning washington it has just 31 days to pay america's bills or risk catastrophe. >> this bill has to be between biden and mccarthy. >> it's political arson. >> it's time for republicans and democrats to sit in the room and act like adults and make sure that the united states doesn't default on our loans. ♪ a tragic scene in central illinois. a dust storm led to a series of pileups. >> now that the dust and smoke has cleared, you can see what's left of this horrific and deadly crash. >> several vehicles and even
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semis that had jackknifed, air bags were deploying all around us. ♪ the fbi releasing a new picture of the suspect who allegedly gunned down four adults and a 9-year-old boy. >> he's been deported four times, which means he knows that border crossing. >> it's very, very hard to go on the run without a support network and a lot of money. and it's unlikely that he had any of those. ♪ this morning, more than 11,000 hollywood writers are on strike after contract negotiations failed with the studios. >> i also think that the writer's demands are not unreasonable. i'm a member of the guild. i support collective br gaining. unions are the reason we have weekends. and by extension, why we have tgi fridays. ♪ the moment has arrived. fashion's biggest night is here at the metropolitan museum of art. >> i don't really care about comfort. i care about the vibe and what it feels like and what it looks like. >> i keep saying, we're so happy to be away from our children. anywhere that would have us
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without them is just the greatest gift of all. >> have you ever been in there? >> it's wild. it's wild. ♪ good morning, everyone. those scenes from the met gala last night. i completely disagree with kim kardashian. you have to be comfortable over looking great. >> i'm somewhere the middle there. i'm somewhere the middle there. she looked great. everyone looked great. did you see the cat outfit on jared leto. >> yes. both channelling karl lagerfeld's -- >> we'll get to it in a minute. >> those scenes and more in a minute. we're going to talk about a real serious headline coming out of washington as we are now 30 days away from a potential economic disaster. we're now learning that speaker kevin mccarthy agreed to meet with president biden, accepting his invitation to the white house to talk about raising the debt limit. that comes after an urgent, dire warning from treasury secretary janet yellen is predicting the government could run out of money to pay its bills as soon as june 1st if congress does not
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act. of course, it's not likely congress will act any time soon. they have not had any talks between the two. and what that means is that millions of americans could lose their jobs and their benefits. president biden has invited all four congressional leaders to the washington for talks one week from today. source tells cnn that mccarthy has accepted that invitation, but so far neither side is budging on those talks despite the new warning that we're getting from the treasury department. mccarthy right now is demanding huge spending cuts which would gut president biden's agenda and the white house wants house republicans to raise the debt ceiling with no conditions, just like democrats did for president trump. the clock is ticking, we're facing the real possibility of a 2008-style economic catastrophe here. arlette saenz is live at the white house. you know, ever since this warning came down from the treasury secretary, there is no sign of softening their positions from president biden or speaker mccarthy. and despite all four leaders going to the white house, it's really between these two men to decide what is going to happen
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here. >> reporter: yeah, good morning, kaitlan. president biden and house speaker kevin mccarthy remain far apart in their positions on how to deal with the debt ceiling. but they have at least agreed on one thing, that is to sit down one week from today to talk about the path forward when it comes to the debt limit. now, this would break months of silence between the two camps. they have not spoken since early february. but officials here at the white house insist that president biden is not backing down from his demands that congress pass a lean debt ceiling increase without any conditions attached to it. officials have said that he is willing in these discussions next week to start talking about the way forward, on budget and appropriations for next year. but there really is this heightened sense of urgency now that the treasury secretary janet yellen warned that the u.s. could default on its debts in just under a month. that is a staggering deadline that this administration and congress is facing as it would
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impact millions of americans and potentially have catastrophic consequences on the economy. but, really if you take a look, this is the most heightened showdown that we have seen between biden and mccarthy in this era of divided government. the question going forward is whether these two men will be able to come together, come to an agreement to try to avoid any catastrophic consequences to the economy. >> yeah. certainly a lot hanging in the balance. thank you. let's bring in cnn chief political correspondent and co-anchor of "state of the union" dana bash. good morning. >> good morning. good to see you in person. >> i know. a treat. eight joint sessions, that's all we have left before june 1st to get this thing done. tom tim lis saturday last night washington's best when they have a deadline to respond to. >> washington only responds when they have a deadline to respond to. they usually go up to the wire,
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to the brink. this is one of the many, many reasons why people in the real world look at washington and say, are you kidding me. >> yeah. >> get this done. but we know what's going on here. what's going on is that the republicans in the house laid down their marker. kevin mccarthy muscled through that bill last week to cut spending and also to raise the debt ceiling. and biden administration along with his -- most of his democratic colleagues in congress say we're not going to negotiate on the debt ceiling. so, this is very important that they're actually meeting, that they're actually talking. we know what is likely going to happen, which if they actually get this done, which they will negotiate on the budget, not the debt ceiling. it's going to end up being semantics. and the question is whether they can get to the point where there is enough buy-in from enough bipartisan members, particularly in the house, to get this passed.
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so america does not default. >> but that's not easy feat. >> no. incredibly hard. >> this bill they just got through the house passed. so the question is, it's not just the hoop that mccarthy and biden have to come to an agreement. mccarthy has to take this back to house republicans and say i need you to vote for this. that is anything but guaranteed. >> i think it's almost impossible, don't you think? he's not going to get all of his republicans to vote for it, which is why there's got to be some maneuvering, political maneuvering on the part of mccarthy and also the democrats to try to figure out how to get this done to get whatever the this is to raise the debt ceiling passed in the house in a way that has bipartisan support because mccarthy will lose a lot of his conference. he just is. and so there's got to be a way to do whatever -- again, whatever they come up with, assuming they come up with something, with significant democratic support, otherwise america will default.
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>> i thought your interview on sunday with bernie sanders was interesting for many reasons, but one because he did say there are -- there is a lot of waste in government. and there are things that i would agree to cut. he also said raising taxes he wants. >> yeah. >> but you just heard ro khanna on with us last hour and he's a hard no. most people except for manchin are hard no. i just don't understand where on earth this goes, unless you can somehow politically make it look like a win for both. that's the only way to do it, right? >> that's it. you just nailed it. can you go down to washington and figure this out? >> no thanks. i'm good. >> no. that's exactly right. and when bernie sanders was on with me on "state of the union" most of the cuts that he said he would support were military spending -- >> which they won't do. >> things they won't do. yes, he said there is some waste. which i agree with you. that was a big deal for bernie sanders to say that. >> i was like, oh. >> yes, the democrats are saying we're a hard no. but these are lines in the sand
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that each side need to put down in a very deep way for their constituencies. as we heard so many times probably in all of your private conversations, we're not going to negotiate against ourselves. which is why they put those markers down. but they've already put the markers down. now it's time to negotiate with the other side. >> and as real implications -- if you have social security benefits, if you have veterans benefits, all of that could be impacted by this. the fact that we're less than a month away i think is really striking to people as well. and i guess one question is, could the markets put pressure on both parties? that really seems to be something that could get both to come to an agreement. >> jamie dimon said the markets will feel it before we default. >> tom emer, the number three republican in the house insisted on sunday, the republicans will not allow america to default. so, that was a tell. it was an important thing for
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him to say. back in 2011 when the congress and the white house went up to the brink, america didn't default, but the rating was downgraded. and that was really detrimental to a lot of people's wallet. so is it possible that that happens again. unfortunately yes. >> yeah. they've got a deadline. >> nice to see you. >> dana bash, love having you here in person. also, former president trump is going to be taking questions from new hampshire primary voters, speaking of politics, in exclusive cnn town hall. i'll moderate that next wednesday, may 10:00th at 9:00 p.m. eastern. new this morning, hollywood writers are on strike. more than 11,000 writers guild of america members are walking off the job this morning after negotiations over their pay broke down. the writer's union says the nation's top studios, networks and streaming platforms created a gig economy inside a union work force. some of your favorite tv shows could be affected by the strike, late night shows are going to be among the first to really feel that direct impact.
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late night host stephen colbert, jimmy fallon, seth myers all spoke out. >> everybody including myself hopes both sides reach a deal, but i also think that the writer's demands are not unreasonable. i'm a member of the guild. i support collective bargaining. this nation owes so much to unions. they're the reason unions -- this is true. unions are the reason we have weekends. and by extension, why we have tgi fridays. >> if there is a strike, do you go dark? >> if there's a strike, yeah, i think we will, yeah. i think we'll go dark. whatever i can do to support the guild. i am actually in the writers guild as well. so, yeah. i couldn't do the show without them. >> for those people who have a job in show business, they are entitled to fair compensation. they are entitled to make a
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living. >> so the last strike in 2007 lasted 100 days and cost an estimated $2 billion during that time networks leaned more heavily on unscripted shows. also just in, the university of california davis is under shelter in place -- a shelter in place order after a stabbing near campus. it's the third attack that has happened there since thursday. students have been advised to stay indoors until further notice. it's unclear how severe the victim's injuries are or whether they're a student at the school. we're still learning more details as of this moment right now. police say they are searching for a suspect who matches the description, though, from previous stabbings. college senior was stabbed to death at a local park on saturday. described as exceptional student, majoring in computer science. and 50-year-old david bro also stabbed to death in a nearby park on thursday. bro is known in the community as the compassion guy, described as a gentle and kind, soft spoken, thoughtful, brilliant and selfless. new this morning, a texas
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sheriff's office releasing this wanted poster for the man suspected of killing five people, including a little boy, hundreds of officers and agents are looking right now for francisco oropesa who they say is armed and dangerous also on the run. accused of opening fire on his neighbors after the father asked him to stop shooting his gun because his baby was trying to sleep. a law enforcement source tells cnn officers are on the lookout near the southern border in case the suspect tries to escape to mexico. he is a mexican national. we also learned that he has been deported four times since entering the united states illegally. ed lavendera is following this for us in cleveland, texas. ed, that was a big -- that was a big thing to learn overnight that four times they've deported him and he's come back. do they have any sense, any leads of where he may be this morning? >> reporter: we do not, since they put out the $80,000 award they announced on sunday afternoon. we don't know if that generated
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any substantial, credible leads that will get them closer to them. this is the scene here where the vigil -- there was a vigil here last night. the flickering candles left over from that at this crime scene. we do know that just next door yesterday an fbi agent was inside the home and searching and going through various cars that were on the property belonging to francisco oropesa. we tried asking fbi officials what exactly all that was about. they would only say they are following all possible leads in this investigation at this point. so, yesterday we heard very little from investigators as to how the search for francisco oropesa is going, poppy. it's now been more than 72 hours since this deadly rampage happened here on friday night. >> wow. no closer it sounds like. ed, thank you very much for the update. also coming up this morning, we're going to take you live to the scene in illinois where at least six people are dead after
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this scene here. a huge fiery pileup that involved more than 70 cars and semi-trucks. plus a trump-era immigration policy is about to end next week. thousands of migrants waiting to cross the southern border. our rosa flores is live in el paso, texas. ♪ >> reporter: good morning. coming up on "cnn this morning," take a look behind me. this is el paso in a state of emergency. hundreds of migrants are sleeping on the streets, but title 42 is still in place. so why are we seeing so many migrants here in el paso? i'll let you know when i see you next. rememb . >> announcer: "cnn this morning," brought to you by y -- t fofor asthma driven by eosinophils. it's designed to target and remove them and helps prevent asthma attacks. senra is not for sudden breathing problems or othereosinophili. senra is not for sudden allergic reactions may occur. don't stop your asthma treatments without talking with your doctor tell your doctor if your asthma worsens.
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♪ this morning, a major highway in central illinois remains shut down after a blinding dust storm caused 72 vehicles to crash, killed six people, left 37 more injured. police say that the rare storm caused a zero visibility situation. the crashes involved passenger cars and commercial vehicles,
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including two tractor trailers that also caught on fire. cnn's adrienne broaddus joins me now. a big question is when the interstate is going to open up again, what's that's going to look like. what's your sense of what you heard from officials? >> reporter: kaitlan, you can look for yourself and see the interstate is open now. and this is what it looks like. it reopened in both directions north and south about ten minutes ago. meanwhile, excessive wind gusts yesterday, plus the blowing soil from nearby farm lands created those blinding conditions. >> reporter: a deadly dust storm. causing a massive wreck on a major highway in central illinois monday. >> sounds like due to the low visibility, the high winds, everything. everything just came together unfortunately in this particular stretch of i-55. and it was -- my heart goes out to them. >> reporter: six people were killed, including 88-year-old shirley harper from franklin,
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wisconsin. that's according to the illinois state police. at least 37 people were sent to the hospital with injuries, ranging from minor to life-threatening. their ages span from 2 years old to 80, according to state police. >> i've never seen so many fire engines, police cars and ambulances. smoke was just incredible. blowing over for a long time. >> reporter: more than 70 vehicles crashed on a two-mile stretch of i-55 when 45 mile-per-hour winds swept through nearby farms and fields, picking up dirt, soil and other debris, blinding drivers. one driver described the scene to local affiliate ksdk saying the crashes happened one by one, all around them. >> the closer we approached it, the visibility just continually got worse and then all of a
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sudden it was just a complete blackout. air bags were deploying all around us. >> reporter: another traveller driving in the area at the time described the conditions. >> you couldn't see -- like somebody put a brown blanket in front of your windshield. you couldn't see nothing. >> reporter: multiple commercial vehicles and tractor trailers were involved in the pileup. including two semi trucks that caught fire. >> we mad had multiple vehicles involved. some were on fire. so we had vehicle fires to extinguish. we had to search every vehicle, whether they were involved in the accident or just pulled over to check for injuries. >> reporter: as you can imagine, some terrifying moments for those travelers who were along this stretch of i-55. now, at least this portion of i-55 where we are standing, from what we can see, is back open. we know there was at least 17 miles of the interstate that was
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shut down. and if you look behind us, it's easy to notice remnants left behind. you can see where the road burned from those cars that were on fire. kaitlan? >> yeah, just a dramatic scene playing out. of course thinking of everyone involved in that. thank you. tense of thousands of migrants are waiting in shelters and on streets in makeshift camps in northern mexico, just as the trump-era border policy title 42 is about to expire, this is according to advocates and officials in four cities. title 42 allows the united states to quickly expel migrants from the country. president trump invoked it during the pandemic and will expire on thursday. rosa flores is live in el paso, texas. right on the border. talk about the significance of what we're seei ing behind you given this expiration date of next week. >> reporter: poppy, the last time you and i spoke and i was in el paso, there were dozens of migrants on the street. take a look behind me now.
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there are hundreds of migrants around this catholic church. in some areas it's about five people deep in this sidewalk. now, city officials here very concerned about public safety, about shelter and transportation. the transportation piece is important because there's only so many seats. there's limited seats out of this city which creates a bottleneck. that's why the city of el paso among many other things they issued a state of emergency. process this with me. title 42 is still in effect. it allows officials to return immigrants back to mexico. why are we seeing so many migrants in el paso right now? i've been talking to migrants, officials on both sides of the border and also community leaders and here is that what they tell me. there's about 40,000, nearly 40,000 migrants northern mexican cities waiting, some of them for months, for title 42 to lift. a lot are losing that you are patience and crossing over the border. they're crossing by turning
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themselves into border authorities. others are not. they are crossing illegally. and so that is what you're seeing here. a mixed status. individuals who are both turning themselves into border authorities and also crossing the border illegally. that's why you're seeing a lot of these individuals here in el paso, even though title 42 is still in mplace. >> it's remarkable to see that scene behind you. we talked to the mayor of el paso yesterday about the influx of people in his city, what it looks like. he said he went across the border and talked to people who said they felt like once that deadline happens, title 42 is lifted, it means the border is open. i think it raises the question of whether officials feel the biden administration is prepared for what it will look like on may 12th. >> reporter: you know, you're absolutely right. and i just want to show you that this is the alley in between this block. you can see that on both sides
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there are people still sleeping on the street. again, these are hundreds of individuals. kaitlan, back to your question, the biden administration has been preparing for the lifting of title 42 for more than a year now. and to be fair, the administration has seen a change in both the nationalities in the individuals who are crossing the border and also geographically where the flow is coming from. now, the administration has done multiple things. some of them you can actually see. for example, they have added holding capacity by adding about ten soft sided facilities since 2021. they also added air and transportation capabilities not only to deport migrants back to their home countries if they're not admissible into the united states but also to decompress. it's a fancy word for saying they're moving migrants where they're at capacity, i.e. here in el paso, a lot of people on the street to areas on the border where they have space for processing. then there's things you can't see because these are policy changes. and those are to be very brief in essence legal pathways for migrants to enter into the country. but here is the key, the
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administration is adding legal consequences for individuals that don't use those legal pathways, kaitlan and poppy, so what they're trying to do is to deter illegal immigration, asking migrants to do it the legal way. >> rosa flores, thank you very much for being there. we'll keep coming to you as we approach this may 11th expiration. what happens as kaitlan says may 12th. until then, released this morning, the surgeon general is laying out framework to tackle loneliness and to, quote, mend the social fabric of our nation. we're going to break down what they're saying should happen next. but before we go to break, the world folk music saying good-bye to canadian song writer gordon lightfoot. he died on monday at the age of 84. his death comes less than a month after he cancelled his tour for this year. canadian prime minister justin trudeau described him as one of our greatest singer-song writer who captured our country's
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♪ it took me a while to realize i was actually struggling with loneliness. loneliness is a great masqueraded. it can look like different things. some people become withdrawn. others are irritable and angry. >> i'm going to be releasing this week a surgeon general's advisory on loneliness and isolation because i want to call the country's attention to this issue. for people out there struggling, i want them to know you are not alone. >> wow. this is really powerful. that was the u.s. surgeon general vivek murthy, addressing what he is calling an epidemic of loneliness and isolation hitting this entire country. his advisory lays out six pillars to address this problem. strengthen social infrastructure, establish pro connection, public policies, address social connection through public health systems, reform digital environments, deepen knowledge to address gaps in the data and build a culture of connection. this is after he wrote a really powerful and personal op-ed a few days ago "the new york times." let's discuss this now with "new york times" best-selling author
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and host of the mel robins podcast and dear friend who we are so proud of all you built and done, mel, since you were our buddy at cnn. mel rob ps. thank you, thank you, thank you for being here. >> thank you fr asking me to come on and not only be with you, but also talk about a really important topic that on its face feels like a snooze fest or that it's going to be a really heavy topic, but this is something that despite the hour, poppy, i want everyone to wake up, lean in and pay attention to what we're about to say. >> are we in a crisis, mel, a loneliness crisis? >> we are absolutely in a loneliness crisis. when you see the data that one out of every two americans is struggling with loneliness. and i want to break down what this means, poppy, because you may not realize that you're dealing with loneliness, like the surgeon general. i certainly didn't. right the middle of the pandemic i started to wonder, am i depressed? is this anxiety?
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am i spiraling in a mental health crisis? i realized, i'm just profoundly lonely. i want to break this down for everybody so you understand what it actually means and what to do about it because the policies and the recommendations are fantastic, but for you listening, this is something that you have to take seriously, poppy, because it impacts every aspect of your physical and mental health. and so, let's talk about the three types of loneliness that we all face, poppy. the first one is emotional. and this means you feel as though you lack relationships and social connection. because loneliness, poppy, is really about the fact that you need connection. you need attachment. and you need a sense of belonging. and for so many of us that either moved during the pandemic or changed jobs or we are working remote, we are missing relationships in our life. and so that's one way you be lonely. second way you can be lonely, everybody is social.
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that you just don't feel like you belong to any group at all. and now that attendance and religious organizations is down and people are working remote again, a huge driver of this, you just don't feel like you belong anywhere. and then finally, the big one, existential. that's a form of loneliness where you no longer feel connected to your own values. that your life is sort of off track. and so i think the big question, poppy, is what do you do when you realize, wow, i'm actually lonely. >> i think another question is, did covid highlight this? or did it make it worse? did it amplify it? >> both. i think it amplified it but it also put a big highlighter on the fact that we really miss our friends. we miss being connected to people. we miss the rhythms. as much as we talk about the fact that hybrid work is fantastic and allows you to be able to be more connected with your family, if you're living
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with your family. but i think for a lot of us, what it highlighted is just that i really need this sense of connection. and there's a second problem that happened during covid, too, which is we, by being in lockdown, our nervous system flipped into a fight or flight mode and we actually for a while there were squared of other people. how many of you feel you're more introverted? how much harder is it to push yourself out of your house? your default is to become more shut-in instead of being more connected to other people. >> i had that conversation with three different people this weekend. kaitlan and i were at the white house correspondents dinner, literally 2,600 people around us and i felt a little bit -- i don't know. i was like, am i an introvert. this is not me. maybe this is me now and i had this conversation with three people who were feeling the same way. is it -- is the solution to loneliness just surrounding ourselves with more people or -- no.
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right? it's about who we surround ourselves with? you're shaking your head. >> poppy, you just nailed it. you can be in a room full of people and feel deeply lonely. >> yeah. >> we've all had that experience, right, whether it was in middle school or college where you walk in the first week of school and you walk into a cafeteria and you feel like you're not really connected to anybody. you don't belong. it's about the quality of the connection. you can feel lonely in your marriage. you can feel lonely at work. so i think the really important thing is to think about number one, what are you actually doing to create connection with people? and one thing that everybody can do today is make it a habit to text somebody every single day. just reach out. i was just thinking about you. i miss you. i would love to see you. that is enough to get the ball rolling. the second thing that you can do is figure out what's something that you did before the pandemic that created meaning for you, whether it was volunteering or a
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hobby. and simply volunteering or taking a class, up here there's a on the of people that moved during the pandemic. i happened to bun b one of them. i don't know anybody here. we started a walking group using a local facebook page. this is something i want everybody to take seriously. i think most of us are struggling with a sense of loneliness. we don't see our friends as much. we're not at work with everybody. and it's something i want you to start to change. you got to take personal responsibility. the government can make recommendations. but ultimately this is something that you need to do. and this also means check in on your family members. just because somebody is busy or surrounded by people, as you just said, poppy, doesn't mean they actually feel connected to anybody. >> yeah. >> this is an important issue. >> yeah. it's good to even just start the conversation. mel robbens, thank you so much. >> you're welcome. you're welcome. poppy, i'm going to be texting you later. so we can stay connected. >> i call kaitlan everyday because she loves the phone so
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much. i call her every afternoon. >> we're not lonely. don't worry. thank you, mel. >> thanks, mel. jp morgan ceo jamie dimon says this is part -- this part of the crisis is over now that his bank bought first republic, but some are saying chase got too big. we'll discuss. plus, backpacks banned at flint, michigan. what's behind the move? what are students doing now? we'll tell you that next. but some are saying chase got ♪ here's to the very first influencer in your life...
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♪ this morning officials say they believe they have found two missing teenage girls, unfortunately among the seven bodies that were discovered at a property in oklahoma. authorities had been searching for 14-year-old ivy webster and 16-year-old britney brewer. they found the body of jessie
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mcfadden a registered sex offender at his residence. he was scheduled to appear in court yesterday morning but he didn't show up. officials are still trying to identify the remains. now they say they are not looking for a suspect and there is no threat to the community. this morning, backpacks are being banned at public schools in flint, michigan. the flint board of education voting to enforce the policy through the rest of the school year over concerns about firearms, weapons and other threats they believe backpacks make it easier for students to hide weapons and clear backpacks don't completely fix the issue, they say. the school district superintendent says they're very sorry for any inconvenience, but, quote, when it comes to the safety of our school community, we won't take any chances. also this morning, jenny craig now warning all of its employees to start looking for other jobs because mass layoffs may be on the way for the company. nbc news reporting this morning that the fitness and weight loss company is winding down its weight loss centers. a drastic transition that comes as demand is skyrocketing for new prescription diabetes drugs, like ozempic, which we know some
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people are now using to lose weight. the company did not say if the move had anything to do with this new trend, we should note that jenny craig has 500 weight loss centers in the u.s. and canada. in a statement, the company did tell cnn like many other companies we're currently transitioning from a brick and mortar retail business to a customer friendly e-commerce driven model. we'll have more details to share in the coming weeks as our plans are solidified. one of the company's competitors ww, formerly known as weight watchers. it bought a telehealth company where doctors can provide patients with prescriptions like diabetes drugs that, as we noted v been used to lose weight. >> really fascinating the transition we're seeing there. also, jp morgan chase ceo jamie dimon says the banking crisis should be pretty much his words resolved now that his bank has purchased first republic. most of their assets. he made that comment yesterday during a call with analysts and journalists after his bank won the bidding to buy first
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republic. it means jp morgan chase, america's biggest bank is even bigger. senator elizabeth warren is not happy about that. she tweeted the failure of first republic bank shows how deregulation made the too big to fail problem even worse. poorly supervised bank was snapped up by an even bigger bank ultimately taxpayers will be on the hook. congress needs to make major reforms to fix a broken banking system. listen to this. this is how dimon defended this purchase. >> we need large, successful banks in the largest and most prosperous economy in the world. we have ability to help our clients who have to be cities, schools, states, hospitals, governments, we bank countries, we bank the imf, we bank the world bank. you need large, successful banks. and anyone who thinks it would be good to the united states of america not to have that should call me directly. >> so they could talk. it actually be a fascinating joint interview as we bring in our chief business correspondent
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christine romans, anchor of "early start." there's a lot there. what do you make of that? >> he and that bank were able to come in and solve what could have been a chaotic problem because they are big and prosperous. so that's the double-edged sword here. the big banks get bigger. jp morgan chase is a megabank. it's much bigger -- twice as big as it was after 2009. and so there's this concern that you've got fewer banks today than you had 20 years ago. i think half as many fdic guaranteed institutions today as a decade ago. and the big remaining ones are a lot bigger. so that's spun up a little bit of controversy from progressives in particular but also maybe some discomfort, maybe, in the white house. this is what "the wall street journal" as you pointed out earlier said, jp morgan jamie dimen rides to biden's rescue. jamie dimon must be smiling at the political irony the biden administration claims to hate big banks signed off monday on a
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deal to let jp morgan chase get bigger and even more profitable. so in a way, a big profitable bank was able to help stem the, you know, the bleeding in the american financial system because it is so big but then gets bigger in the process. >> they do stand to profit from this. >> sure. >> it's also how regulators view them. they see them as the adult in the room. "the new york times" writes today, whether some banks have become too big to fail partly because regulators allowed or encouraged them to acquire these smaller financial institutions. just a matter of not just what the practice happens when push comes to shove but also how progressives on capitol hill, people like ro khanna view this. >> also shines a light back on the regulators, too, right. these banks -- bank above $50 billion, right, is supposed to have what we call a living will after the 2009 financial crisis. they have to have a wind-down resolution plan. well, first republic had one of those at the end of last year that says, yeah, we look at our business model -- something were to happen, there would in the hospital be -- we would be able to dismantle this bank with no
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problem. >> they said that? >> obviously wasn't true. so some of these banks they have these living wills but we still had three major banks go down. look at the size of those banks. look at bank failures this year, those three big bank failures, $549 billion in total assets. all 25 of the biggest bank failures in 2008 was less than that. so this was already more valuable in terms of assets in the bank failures this year than in 2008. >> wow. >> wow. >> come back soon. i had many more questions, but we're out of time. thank you, christine romans. the first monday in may is one of fashion's biggest nights. also a big night for cat lovers everywhere. we'll show you who made a pregnancy announce, who was very late. >> plus, what late night hosts are saying about thego dark? >> if there is a strike, yeah, i think we will, yeah.
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a star-studded red carpet at fashion's biggest night the met gala here in new york "a"-list celebrity, rihanna, kim kardashian and j.lo. the theme, "karl lagerfeld: a line of beauty" and even though the most anticipated guests and designer's famous cat was a no show the beloved pet was very much represented. this is jared leto dressed as shupet. even jimmy fallon got a pick out of it. >> did you can see the cat? >> i am going to take a zyrtec right now. i am allergic. >> joining us off his red carpet coverage senior editor mark malkin. hey. what's with the cat?
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>> i was screaming, there is a cat, there is a cat! i was asking lizzo, did you meet the cat? it was karl lagerfeld's cat and was treated like his child. schapet is still alive. we are all expected schapet. we got jared leto, me oured at me, doja cat was dressed as a cat. so schapet was literally i was -- did schapet ever scratch you? >> well, i mean poppy said you are fresh off the red carpet coverage. you truly are. you were there very late. typically, the eye arriving hap early. one was late? hrjts i would have been at 8:30 but rihanna showed up about 10:30. by the way, guests were already
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leaving the gallon a. and we waited. it's it's rihanna. we wait. >> there was one icky moment involving a cockroach. >> yeah, you there was a cockroach. >> we were waiting for rihanna. a cockroach came flying through the press area, hit my cameraman in the head. cockroach disappearance. then cockroach is on the carpet. >> could we watch it? >> are you yelling at your cameraman? >> yes. >> yes . >> we were waiting for the rat
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with pizza to come on the carpet. but i have sad news. >> what? >> someone killed the cockroach. literally 15 minutes of fame. >> there were some cool moments, brittney griner was there. she was there the white house correspondents' dinner, a big moment after president biden negotiated her release and she was there last night as well. >> she was. she was wearing calvin klein. she was one of the early ones who left. everyone said aren't you going to party tonight? she said, no, i have to go practice. >> serena williams announcing her second child is on the way. >> this is the way to do it. pregnancy on the carpet. beyonce has done that. blake lively did that. serena williams hit the carpet. we think she is pregnant, we think she is pregnant and she confirmed it.
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>> "karl lagerfeld: a line of beauty" does not come without controversial and in a number of things he said over his career that were incredibly offensive. was that considered at all in this night? >> i don't -- i don't think it was. i think it was one of these moments where people were trying to stress we are looking at his fashion, looking at his legacy. you know, this was a man, obviously, was from a way different time. but he definitely said things that were deemed offensive and i think if he was still alive today saying those things there is no way he would have gotten away with it. >> that's an important thing to note, the time in which he made these comments. it's not an excuse but he said sweatpants are a sign of defeat, models should be thin, people didn't want plus-sized models, comments like that that haven't aged well in 2023. >> if you look at any designer back in the day, they probably
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said the almost same exact things. karl lagerfeld was a larger than life character. you know, the trib autes to him last night, i have nails, black and white, i can't afford channel, i can do my nails. but to your point, but we can't forget what he did and said and i think that makes the whole person. >> what a night. it's the ticket. it's the ticket. so glad you were there. >> it was pretty phenomenal. my friend was texting me and said how did last night go? i cursed a little. it's amazing. it's the oscars. it's the grammys. it's everything rolled up into one. you know, i get las nas x meowing at me. it was great. mark, thank you. and "cnn this morning" continues right now. if there is a strike

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