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margaret the latest on mortgage rates and how the fed's rate

what corruption charges against eric adams, including bribery and wire fraud what they say adams did in exchange for free flights and hotels and illegal foreign campaign contributions plus one republican congressman posts then deletes a rant about haitian immigrants will be joined by the co-chair of the house haiti caucus for her reaction. >> and 30 year mortgage rates hitting a two-year low. what this means for biden buyers and sellers the weekend as questions like, what does a comedy show doing on cnn too much but i want donald now can you slice that i

got news for you saturday at nine on cnn? is it possible. to be more capable practical and here make a state making this out

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xylose? >> i don't lose my breath is often my symptoms haven't proved helping me go from expecting less to experiencing more. my name is mike and this is my camp xylose moment call your cardiologist today and see if a camp xylose moment may be in your future to this is cnn the world's news network new york city mayor eric adams is now facing federal corruption charges. >> prosecutors say he accepted illegal foreign donations and luxury perks like free or upgraded international flights from turkish officials and then he took them in exchange for political favors. us attorney damian williams called it a long-running conspiracy, accusing atoms of hiding more than $100,000 in gifts and benefits the conduct alleged in the indictment before money, the corporate money, the bribery, the years of concealment is a grave breach

of the public's trust public office is a privilege we alleged that mayor adams abuse that privilege and broke the law. flaws that are designed to ensure that official those like him serve the people, not the highest bidder adams responded earlier, urging new yorkers to wait for his side of the story. >> cnn's mark morales is live in new york with more on this mark, explain these charges well, brianna, it was a treasure trove treasure trove of details that was unveiled at this press conference earlier today. and as you said, these are five charges we're talking about wire fraud conspiracy bribery soliciting campaign contributions from foreign nationals. these are very big charges, but what exactly did eric adams do? so prosecutors allege in this indictment that foreign nationals were basically paying for his trips around the world. we're talking about airline upgrades to

first-class lavish hotel rooms, fancy meals. they were also giving him money that he was able to take and put into his campaign coffers using straw donors, which is illegal and all this was because they wanted to have somebody prominent in the new york city area that could do their bidding, essentially having somebody that could get stuff done for them and this case came to ahead in 2021 when they wanted to open the turkish consulate. the building itself didn't actually pass a lot of the building regulations, but eric adams leaned on the fdny and got them to pass through all the certifications and it was so problematic that the fdny actually didn't think the building was safe enough to open. but that is exactly what turkish national would have paid for for just that kind of situation so that you could get through the red tape brianna how was the mare responding to all of this merch since the word of this broke late last night, he's been fairly defiant, not only has he

said that these charges are not true, but he's also insisted that he's not going anywhere and he's looking forward to his day in court. >> he spoke about this earlier this morning. take a listen. >> this did not surprise us that we reached this day and i actually new york is to wait to hear our defense before making any judgments from here, my attorneys would take care of the case so i can take care of the city my day-to-day will not change i will continue to do the job for 8.3 million new yorkers that i was elected to do figures getting investigated all the time charges are brought against a smaller number of those political figures, but it's still fairly commonplace the significance here is that the position of mayor of new york city is very prominent.

>> one of the biggest cities in the world the idea that federal investigators were at his house earlier this morning executing yet a another search warrant for devices is pretty astounding. >> brianna? >> yeah, certainly is. and the pictures are too. mark morales. thank you so much for the report. danny thanks, brianna, joining us now is john e. jones, the 30s, the former chief judge for the u.s. middle district court of pennsylvania, and currently serves as president of dickinson college, judge. thank you so much for joining us to break down this incredible news today. first, i just want to get your quick reaction to the indictment. and these five federal public corruption charges will these danny are very, very sweeping charges and in the sort of trade these cases are known as this for that cases, meaning that the person who bribes an individual or make a campaign contribution says i will give you this that would be the bribe are the contribution in

exchange for that, that being an official act the mayor has to really critical problems here one is the sheer number of gratuities that he's accused of taking, which doesn't look good at all. >> the second is that these are not legal campaign contributions that are alleged. these are illegal contributions. many times you have legal contributions that factor into it. so his defense, i suspect is going to be i would have taken the official actions anyway, but that's tough. in light of the factual allegations in the indictment. he's entitled to his due process, but it's a tough case well, but look at the flip side for a moment, judge. >> how difficult will it be though for prosecutors to win on these bribery charges? i mean, these are not easy charges to win in court, right? >> well, they're not and the ingredient has to be danny, that the jury finds that, but

for the gratuity or the campaign contribution the mayor would not have committed or accomplished the act or the axis in question. the problem, as i said i think the mayor has is the fact that these are not illegal campaign contributions frequently in these cases, they are that makes some really tough to prove and in addition to that, you know, if he took a flight on turkish airlines once or twice that's fine. but query this many trips, hotel rooms, et cetera is there something afoot but it's not a slam dunk case and i don't mean to say that it is, but the factual allegations if proven, are going to make a defense tough for him well, on that note, judge, i'm curious about that because the u.s. attorney, and they're office basically laid out nearly a decade of these inappropriate gifts, these travel as they say, quit cuoco's are building up to that, at least. what is your

reaction to these? instances reaching back so far, does that bolster the prosecution's case or somehow help adams argument that this may have been persecution >> you know, it could cut two ways, dana, you know, i personally having read the indictment, which is a kind of a speaking indictment as they're called, which is full of a narrative of what happened. i don't think it helps him that this goes back. apparently it is prior positions he had a number of turkish american constituents and ties to turkey i guess you could say it cuts the other way in his favor because he had relationship relationships with these folks. but truly you're right. the allegations go back way before he he ran for mayor, but again, some of the contentions in the indictment say that as he was ramping up for his run for mayor, he called upon these people and

you know, there's a common thread, danny, in these cases, and that is the avaricious sort of pursuit of campaign cash by candidates. i've seen it time and again, i had public corruption cases on my docket and that's exactly what i see here, which is a guy frantically looking for money. he says at one point supposedly and texts that he needed 7 million and everything was essentially fair game. that happens time and again in these cases. now whether that's enough remains to be seen remains to be seen, indeed, judge jones, we'll leave it there. thank you very much for your time. appreciate it. >> thanks, daddy and still ahead. >> powerful winds, heavy rain, life-threatening, storm surge. it all adds up to one of the biggest storms forecasters have ever seen. we'll go live to derek van dam on florida's gulf coast with what we can expect from hurricane helene as it lashes the state you're looking right now at naples, florida is people are watching this storm approach

over. >> tim walz and j.d. vance in there first it's an only face to face to beat. and cnn has it covered with the best political team in the business a cnn special event, the vice presidential debate, tuesday at nine on cnn a different approach to imagine your future differently. thank you for coming together, capelli universities, game changing, flex path foath forma take courses on your own terms and apply this skills you learn right away you always had trouble losing weight and keeping saying discover the power of wegovy rigobi i lost 35 pounds. >> and some lost the war 46 pounds. >> we go and i'm keeping the weight off. >> we go be helps you lose weight and keep it off i'm reducing my risk. we gouvia is the only fda approved weight

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prospects after day you cancer $5, $50 instantly with cold tv hunger house solomon in new york and this is cnn news. this just happened. hurricane helene, now a major category three hurricane in just pushed into that threshold as it is lashing the florida coast before it's expected landfall later, later tonight right now, every county in florida is under a storm warning. watch or advisory. we have meteorologist derek van dam live for us and

apalachicola. derek, what are things looking like there? >> yeah. i think it's important to note that this now is a major hurricane. this will be the fifth major hurricane to shift florida. florida in the past since 2017. so this is a significant developments. the hurricane hunters here finding winds near the surface strong enough to make that call to a category three storm. now, we're in franklin county here in apalachicola. we're facing a multitude of threats, storm surge warning. we have a hurricane warning in effect, but we also have a flash flood warning and also a tornado watch very near us. we've had over seven inches of rain in the past 36 hours. and this isn't even directly associated with hurricane helene. its tropical moisture surging north but the heaviest rain is still yet to come. i think once we look back at history books with this storm we're going to see that the catastrophic flood

potential with it is going to be a big player. you can see on this map here the highlighted area and pink is known as a high risk from the weather prediction center. and it is so rare that they actually issued these is about 4% of the time, but 40 40% of the fatalities and 80% of the damage occurs within these very rare high risk events that stretches from where i'm located, the florida panhandle right through atlanta metro and into the southern appalachians, asheville, they're facing a one in 1,000 year flood event potential. now here in apalachicola locally, we've just been having to steady rain since last night this is not residents first hurricane obviously, they've done all typical preparations, boarding up the businesses, their homes, or windows, putting down the sandbags as well. they know what these storms could potentially bring and they're focusing so much on that exact track because they know that this is a game of miles, a shift west, a shift east determines who gets the worst impacts. but one thing's

for sure. this is going to be that significant surge into this very low line, big bend area of florida. it is such a low sea level region. we're only six feet above sea level here as the storm continues to not only grow in intensity, but balloon in size brianna, this story form has the potential to have one of the largest tropical storm wind field in modern record keeping across the gulf of mexico. and that means that impacts will be felt well away from the center. and it's fast forward speed is also crucial to this weather forecast because as it moves inland, it doesn't have the time to discipline paint and weaken, so it's going to bring tropical storm force and hurricane force winds well inland to central portions of georgia as well as into south carolina. i mean, as a meteorologist, i've never seen the entire state of florida, georgia, and south carolina under a tropical alerts, like what we have right now of the system is going to not only bring these destructive winds inland, but also again, that

catastrophic flash flood potential national weather service is coming out of greenville, north carolina calling actually comparing this to the flooding event of 1916 also historic in nature the list of adjectives are endless here with this potential of the storm as upwards of over a foot, even 15 inches locally of rainfall could fall out the sky before the storms all said and done. >> brianna that is a lot very alarming derek. thank you. so much for an update. we'll continue to check in with you, danny thank you, brianna. >> all right. we're now joined by chris, two-ton over the phone he is the commissioner of jefferson county, florida. just east of tallahassee, about northeast of where derek van dam just was. thank you for joining us commissioner just tell us right now, what are conditions like where you are in jefferson county good afternoon and thanks for having me yet. >> so we've been getting a lot of rain throughout the day off and on right now. it's clear, no rain, just to the calm

before the storm is right now, it's just a waiting game. >> and i'm curious, commissioner, what's your reaction now that we know that this hurricane has become a cat three as you're in this waiting game, does this give you more concerned as the hours tick on? >> well fortunately, i work for one of the best emergency management teams in the entire state and we have prepared for the worst, expecting the worst. and all we can do is pray for the best, but we're ready for it. and we're ready to pick up the pieces afterwards. >> all right. jefferson county commissioner chris stewart. and thank you so much for that update. will check back in with you as we continue through day. appreciate your time. >> after ordering a surge in assistance for ukraine president biden and president zelenskyy are meeting right now in the oval office and they spoke moments ago. >> let's take a quick listen.

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if you or a loved one have mesothelial will send you a free book to answer questions you may have call now and we'll come to you 808 to 14000 and the fallout keeps coming 16 days after former president trump's spread falsehoods that haitian immigrants in springfield, ohio are eating pets. >> republican congressman clay higgins showed no signs that a hearing today of the potential house censure that he's facing from an online post about haitians that he later deleted the the louisiana rep. said, qu, lol, these haitians are wild, the eating pets, voodoo, nastya's country in the western hemisphere, colt's slapstick gangsters. but dan, that they don't feel all sophisticated now filing charges against our president and vp he all these thugs better get their mght? and their out of our country before january 20, the chairman of the congressional black caucus, steven horsford, confronted him about it that led to a heated exchange on the

house floor, according to sources, who saw the argument higgins also said to cnn, quote, it's all true. we do have freedom of speech. it's not a big deal to me. it's like something stuck to the bottom of my boot, just scrape it off and move on with my life. joining me now is democratic congresswoman sheila. sure. cherfilus-mccormick of florida, who is co-chair of the haiti caucus. congresswoman. thanks for being with us what did you think about his post and the fact that despite speaker johnson saying higgins probably regrets some of what he said, higgins himself has not said that he regrets it well, i think it's very disturbing and this is a dangerous game being played of divide and conquer and that dangerous game has real consequences. so when we came on the floor to vote yesterday, one of the reasons i said we have to actually confront him is because i needed him to put a face with all of the violence and the vile things he said about haitian americans being the only haitian american in

congress. and the first democrat ever elected to congress. it's important that he sees whose life and whose family he's putting at stake when i approached him along with steven horsford and a fredricka wilson and joyce beatty. i want to explain to him that i am patient american. i do represent the same the florida, but i also wanted him to know that these statements you're making, they do have dangerous consequences and innocent people are being put in harm's way such as myself, my children's my family, and my community. and so when i express that to him, he looked like he had a moment of compassion and i think it's very easy for people to say hateful rhetoric but when you have to look someone in the eye and repeat it is much tougher. and so what we have to do right now is make sure that we're not just saying that hate speech has no place in our country for hay excuse. but the violence that's attached to it, and the real issues that are going on right now so you felt that this was a positive exchange. >> is that fair to character? verizon, what did he say to you know, it wasn't positive at all, but i thought it was easy

for him to say what he had to say when he was saying it with his little twitter fingers but in reality, when you have to look at the person in the eye, it was harder for him to stand by it. and that's the truth about it because these dehumanizing words, they seem easy when you're saying is that other is this person's that person. but when you have to look at your colleague and see that you're putting innocent people in harm's way when you have to actually accept the fact that you're spreading allies. and at the end of the day the most crushing and the most part that was so disappointing you too, is that he was weaponizing his position of power to attack innocent people. and we're seeing this happen more and more often. and it started with j.d vance and the trump administration, trump, who are using the haitian community as an example, making up lies about haitians and it doesn't just affect the people in springfield it affects every haitian american living in the united states. we just heard a story in springfield where there was a family who had their kids playing in their garage because they felt like outside wasn't safe and there was armed some gunman who came

into their family home and held them there at gunpoint, you know, where are we living? we have a congressional delegation who was supposed to go to springfield tomorrow and we're getting told that the proud boys and all these white supremacist groups and neo-nazi organizations are planning on coming and confronting us. this cannot be the society that we live in. we can't have a society when in order to do our constitutional obligations as elected officials, we have to live in fear or there's a sense of threatening intimidation that they feel comfortable extended to even members of congress. this cannot be accepted and i didn't mean to misrepresent how you were characterizing your exchange and jud said that he had a compassionate looks, so i was curious to delve more into that, but i do want to ask you the cbc chair of horsford, you said was part of that exchange that you had with higgins? >> he's called on higgins to be censured he thinks he should be referred to the ethics committee over this. what do you think about that process?

>> well, i believe that the cvc chairman, steven horsford, he handled the whole situation masterfully sit by the sidelines and allow hate terrain especially in our congressional chambers there must be a sense of decorum. there must be a sense of action. and we cannot allow hate to take the floor especially in this environment, we're seeing more and more violence. and so i believe i stand by him throughout the whole conversation because as we were going forward, he asked me show, you know, are we going forward? i said he yes. so i appreciate him standing up, not just for us or black people, but for every haitian american who's in fear right now so definitely we have to take a closer look at this when it comes to ethical standards. but we have to actually understand who are we as americans. this not should not be a cbc issue where the cbc is standing up or chairman horsford is to standing up every single member of congress should be outraged. there is no place in these united states to have any kind of weaponization to innocent people. there's no place for misinformation. there is no place with dehumanizing

comments, and there is a specially no place for any kind of white supremacist comments and so we need to take a stand and end this now we've heard from haitian-americans how they are experiencing this and how this has put them at risk. >> i do want to ask you, since there was an ethics report out yesterday about a series of campaign finance matters the committee is investigating you for if you respect that process and ultimate outcome, and if you would for the higgins matter as well, which albeit as a very different one, do you see that as a good form? forum for both of these things i believe that whatever is going on right now, we respect the process and we're cooperating and we're trying to see what's going on. >> but the two cannot be compared because what we're looking at are derogatory comments towards the innocent grew, where we're using federal funds to actually put out these derogatory comments and to also weaponize the power of the seat that the american people trust you to target

innocent group. those are substantially different things that we're looking at. it should not be tolerated. so even having the conversation at the same time bringing them together, she didn't happen, you know we're one nation and then one nation. we have certain principles that we abide by. certain principles that we actually believed. then, and we have to stand tall for those principles, for every single group. today, i had a conversation with one of the ambassadors from alandra and she said, she'll be careful in these moments. because these moments are actually precursors to when you have violence against communities, especially when you're saying dehumanizing language, when you're blowing the blow horn i'll saying people's iqs are lower than the americans. these are the actual steps that we see white supremacists that lead to violence. we must take a seriously and look at it for what it is and not conflate the two issues. >> that is certainly an eye-opening perspective that you bring they're congresswoman. thank you so much. we appreciate your time today thank you i do want to get back to that oval office

meeting. it was ukraine iranian president zelenskyy meeting, of course, with president biden today in the oval. biden telling zelenskyy quote, we stand with ukraine now and in the future let's listen well, welcome back to the white house, to the oval office. >> yesterday and you shared a figure you're plan to win this for exactly what we're going to discuss today. now, ukraine see two key pieces. >> first, right now, we have to strengthen ukraine's position on the battle that's why the day on friday announced a new 2.4 billion package of security assistance. >> i've also directed the pentagon to allocate to allocate all remains security assistance, funding that has been appropriate to ukraine, period. by the end of this term, which is january 20 this

will strengthen ukraine's position and future negotiation. >> second we look ahead to help ukraine succeed in long-term as you know, better than anyone. >> we said at the washington summit, at the support ukraine in its path to membership of both the eu ended it and continued to make reform to counter corruption and the democracy which your work mildly right now, we have to ensure ukraine is sufficient capabilities i mean capabilitie russian aggression i'm proud of the steps we've taken on our partnership on he's france. earlier this summer, relaunched the ukraine compact been more than 20 nations committed to ukraine's long-term security. and yesterday, with over 30 nation and the eu, we launched the joint declaration support ukraine's recovery and reconstruction selling or using russian assets as well. and so

both these actions we make it clear, we stand with ukraine. now and in the future gotten a lot to discuss. >> so let me close with this these two elements are critical to how this one let me be clear. russia will not prevail in war russia will not prevail. ukraine will prevail, and we'll continue to stand by you every step of the way. so thank you for being here thanks so much to president your strong support for the decision that are helping us protect ukraine and ukrainian sauer whole we didn't they appreciate that ukraine in america and stood side side-by-side from their very first moments of this terrible russian invasion, your determination is incredibly important for us to prevail they rehab. hsu said, we had that she's haven't lost meeting on your ukraine's reconstruction with more than

saudi contrast with the speeding. >> and it was a truly helpful for months we must restore normal life and we greatly value your leadership, mr. president, we also have 26 bilateral security agreements with partners that's based on the g7 security operation. we have a strong security agreement with united states and we are grateful for it and we will fully implemented and it's very important that we share the same vision for ukraine's security future in the eu and nato the brain is doing the precedent. >> it's number or performs on this path. >> today we have and use the support package seven point billion. >> this will be great help and i raised with president biden plan on victory. >> today we are preparing to discard the details to strengthen the plan, coordinate our positions, views, and

approach hour teams will work together to ensure that implementation of our future steps. >> and today in the morning met with both senate and the house. >> and thank you for them and may very bipartisan support and to all american people together, we have to win we will win. >> thank you mr. bradley right. president biden, there after $375 million package announced for ukraine calling for the allocation of additional billions of dollars for ukraine as some of our experts have said and in a way to sort of trump-proof american support of the ukrainian efforts in its war against russia will be right back after a quick break with much more news as we are keeping our eye on hurricane helene, which has just become a category three storm in the gulf.

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called. now what it third week in a row of mortgage rates have fallen hitting their lowest level in two years, a standard 30 year fixed mortgage

is now 6.8% for more on this, we have cnn's matt egan. matt things have been trending downward really since the spring, right? >> that's right. danny, borrowers are finally catching a break this 30 year average mortgage below 6.1%. now that's not low, of course, right during covid, some people were getting mortgages for under 3%, but this is definitely moving in the right direction. this is the lowest level in two years and it's a big relief to all of those frustrated first-time homebuyers out there who we're dealing with this historically unaffordable housing market. now, home prices are still at record highs, but at least borrowing costs are going going down. and this is really the clearest evidence yet of how the fed's big moves are having a real-world impact, right? because just a week ago, the fed had that jumbo-sized interest rate cut the first since covid and let me show you exactly how this plays out for people who who are out there

with a mortgage. so say you were trying to buy a $500,000 home with 20% down last fall when mortgage rates were really high. now, your monthly payments were actually $460 less than if you had tried to buy a year ago. now that may not sound like that muchbut it really adds up. that's $5,500 less over the course of a year is a 30 year loan, so it's $166,000 less. and another thing that we're seeing is a lot of people who already have mortgages they are scrambling to take advantage by refinancing. there's been a spike in demand for refinancing and danny don't forget the fed, they've signaled they're not done cutting interest rates yet. so this could continue to help all of those first-time homebuyers out there and people who have a mortgage, but they have a high rate. >> danny. >> well, i mean, i agree with you. i mean that for 61 that's real dollars in people's pockets. really appreciate it. matt egan all right, right now helene is now a major hurricane after reaching category three

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