right now. on america this morning, the looming rail workers strike that could devastate the u. s economy. the big issue paid sickly congress forced the settlement, even though many workers opposing the vote expected today, plus what's behind the big rally on wall street and the new prediction about when gas prices could drop below $3 a gallon. abc news exclusive that you said one of your great talents in a podcast was managing risk. that's right , and it's obviously wrong. the 30 year old former ceo who oversaw the multibillion dollar collapse of crypto currency from ft x speaks to george stephanopoulos what he blames for the meltdown. a statewide vigil in idaho for those four college students murdered near campus still no arrests, but the local police chief is now saying in his first sit down interview.

the deadly collision at this air show in texas investigators now revealing what went wrong plus paying tribute to the heart and soul of fleetwood mac and later is a four day work week, actually good for business. the new research out this morning. from abc news in new york. this is america this morning. good thursday morning, everyone. i'm andrew denberg andrea fujian for rhiannon. we begin with the efforts underway to prevent a labor strike that could devastate the u. s economy. railroad workers are threatening to walk off the job as they demand more sick. leave time and now congress is stepping in the house has voted to impose a settlement on the workers, but the senate still need to sign off. there are two proposals right now and time is running out. abc is alex boucher has the latest from washington. alex. good morning. good morning, andrew. the timing on this is tricky. the deadline to prevent potential rail strike is next week. but right now, the big

question is, are there enough votes in the senate to keep these bills from getting derailed? facing a devastating railroad shut down this morning. congress is scrambling to fast track a deal to keep the nation's trains moving the senate expected to vote today to force real workers to accept a tentative deal and avoid a strike. but some republicans already signaling they're not on board president is dumped it on us and said i want you to intervene. i want you to fix this. and i want you in doing so i want you to screw the workers. well i'm sorry. you know, i'm not bambi's baby brother here. president joe biden. we've had the most pro union administration in history. under the constitution. congress has the power to intervene in matters regarding interstate commerce in the national economy. so wednesday the house took the first steps. the joint resolution is passed. passing two bills, the first preventing a strike, forcing workers to

accept a tentative deal reached earlier this year, averting a shutdown to get cost the economy up to $2 billion a day, disrupt travel for millions and send inflation even higher. the second bill gives seven days of paid sick leave for rail workers passed with support of just three republicans. in the senate , the margins could be even slimmer union leaders telling abc news they have doubts it will become law and want legislators to consider an amendment. if we can't exercise our right to strike to try and pressure the railroads to do the right thing than the legislative solution should imposes a requirement that paid sick leave the white house pushing back the president. of course, of course he supports paid sick leaves for all americans, including rail workers. but the white house press secretary going on to say that the president does not support any bill or amendment that would delay getting this bill on his desk by saturday, andrew all right, alex. thank you. amid talk of a possible

rail strike. there is some good news for wall street. the dow climb nearly 740 points yesterday after the federal reserve chairman hinted that the pace of interest rate hikes could begin to slow down, suggesting that inflation concerns are easing. meanwhile gas prices could drop below $3 a gallon by christmas. that's according to gasbuddy. the national average right now is 3 49, the drop is thanks in part to falling demand. we turn now to an abc news exclusive interview with sam blankman freed. he's the 30 year old former ceo who oversaw the multi billion dollar collapse of cryptocurrency firm ft x. he put it, simply saying he's had a bad months this morning. sam bank man freed one on one with abc's george stephanopoulos denying any wrongdoing. how do you explain the failure? was it and inattention, arrogance. it's a good question, ethical speaking about the downfall of ft x affirmed that allowed customers to exchange digital currency, the company amassed value of $32

billion this year running ads with tom brady and larry david. the safe and easy way to get into crypto. i don't think so. and i'm never wrong about this stuff. never but it all imploded in a matter of days after report raised concerns about blankman freeze assets, accusing him of using customer money from ft x to fund risky investments at alameda research, another company he owned run by his ex girlfriend, so if she's in court, and you're in court and cheese under oath, and you're under oath and you're asked, did you know that these funds were being final telemedia? what is your answer? i did not know that there is any improper i use of customer funds report alleges our media research was mostly backed by ft. x's self minted digital currency bank been freed and his company are now under investigation by the justice department and sec, the former billionaire says he's now left

with only $100,000 in his bank account. i can't imagine what it feels like to go from $20 billion to $100,000. bank winfried, ultimately blaming the collapse of f t x on his struggle with risk management. i wasn't even trying like i wasn't spending any time or effort trying to manage risk on trying like and that that obviously it does stomach station. what that's a pretty stunning admission. yeah i mean, i don't know what to say. like what happened happened and like if i had been if i had been spending an hour day thinking about risk management on fdx, i don't think that would have happened. winfried said. he's regretful for the collapse of ft x and later on good morning america much more of georgia's interview, including what bank, manfred said about his future. officials in parts of china are now easing some covid restrictions amid chaotic new protests over the extreme lockdowns across the country. demonstrators in one city hurled objects and tore down testing

sites as they clashed with riot police and officers have been searching people's phones to delete certain apps and videos of protests. investigators in southern california, revealing new details about a so called catfishing scheme. that left three people dead inside of a burning home. investigators say a former virginia state trooper posed as a teenager online, then drove across the country picked up a 15 year old girl and set fire to her family's house. now the girl's aunt is pleading with parents everywhere to watch what your children are doing online. parents please, please know your child's online activity. ask questions about what they are doing and whom they are talking to. anybody can say there's someone else. and you could be in this situation. when police caught up with the former deputy and the girl. they say he shot himself. they say the girl was not physically harmed. she's in

the custody of child protective services. a preliminary report suggests poor planning may be to blame for the deadly crash at an air show in dallas last month. the ntsb says altitude maneuvers were not discussed before or during the show. investigators found the planes were supposed to be a certain distance from the crowd, but there was no guidance on flight altitude. six people were killed when the planes collided. scatter. bring wreckage across the highway below. in hawaii officials now say lava from monologue volcano has a high probability of reaching a major highway on the big island as early as tomorrow . the governor is planning to activate the national guard if the highway needs to be shut down. the biggest concern remains air quality in the area . violent storms that rolled across the south are blamed for at least two deaths. the victim's mother and son in alabama were killed when a tree fell on the bed. they were sleeping in. a system spawned more than 30 reported tornadoes . dreary weather in new york could not put a damper on the holiday spirit. crowds braved the rain for the annual lighting

of the rockefeller center christmas tree. it's an 82 ft. tall norway spruce adorned with 50,000 lights. meanwhile in washington, d c l l cool. j joined president biden in the first lady to flip the switch on the nationals christmas tree last night. and with that, let's take a look at your thursday weather. so we begin in the northeast with another dose of lake effect. snow and western new york buffalo area could see another foot of snow. a new storm is also hitting the pacific northwest, bringing up to three ft of snow to higher elevations. rain will fall as far south as los angeles, and that system will eventually move across the entire country. with that, checking today's high temperatures forties in the northeast after morning wind chills in the teens. fifties in the plains dry and cool in the south 84 in miami. coming up. caught on camera. two navy ships nearly collide head the

emotional vigil for four college students murdered in idaho. still, no arrest made with the police chief is now saying in his first sit down interview and later celebrating fleetwood mac's christine mcvie. i had no idea how much i wamy case was worth. c call the barnes firm to find out what your case could be worth. we will help get you the best result possible. ♪ call one eight hundred, eight million ♪

are you worried about going to jail on good morning america. two warships had to take evasive action to avoid a head on collision in san diego. the smaller and more nimble of the two made a hard left to get out of the way. navy, though, says it's investigating why the ship's got so close. and the security camera caught the moment this truck smashed into an overpass in indianapolis and then exploded in flames. somehow the driver was not hurt. the business owner who posted the video says crashes like this happened once or twice a month there. now to idaho and the emotional vigil last night for those for college students

murdered last month and the killer still on the loose. overnight vigils across the state of idaho. mourning the deaths of four university of idaho students brutally murdered my only child that we ever had such a happy just is such a great kid such a perfect little baby. and so just smart and funny. caylee gonzalves madison mogensen shana koronadal, along with her boyfriend, ethan chapin were found stabbed inside this off campus house more than two weeks ago. that's the most important message that we have for you and your families. it's to make sure that you spend as much time as possible with those people because time is precious and it's something you can't get back. no arrests have been made, and authorities have not disclosed a motive or revealed how the killer got inside the house pride. we love what we do. or passionate about that the local police chief james fry,

get any emotional in his first sit down interview sincehe killt reveal why investigators have said they believed this was a targeted attack. and he did not say if a victim or the house was targeted. we're painting a picture. and we're trying to see what pulled the pieces into that picture, and that takes time. police initially said there was no imminent threat to the community but later walked that back. i owned the messaging problem at the very beginning. um we should have done a little better than that. do you believe that you were prepared? to handle something like this, so we're trained very well. we're very well aware of our capabilities, but we're also aware when we need to bring in the idaho state police and the fbi or a t f investigators say. one victim made several comments to friends and family about a possible stalker chief. frye says detectives are looking into that possibility the fda is considering changing its controversial blood donation policy. currently the policy calls for gay and bisexual men

to wait three months from their most recent sexual contact before donating. the agency says an updated policy could instead take each individual's hiv risk into consideration. no word on when change might take effect. coming up a possible new treatment for hair loss. but first the royal visit to america clouded by controversy. my most important kitchen tool? my brain. so i choose neuriva plus. unlike some others, neuriva plus is a multitasker supporting 6 key indicators of brain health.

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you on the other side, my love. mcvie died after a short illness. she was 79. the british royal family is once again the center of controversy just as prince william and princess cate visit the us abc is derek dennis reports on the royal trip to boston in the fall out from william's godmother being accused of racism. sitting courtside. the lighting dimmed in celtics green, prince william and princess kate taking in a boston celtics game on day one of their visit to the city, arriving on a british airways flight from london after mingling with fellow passengers slimmer a that yes, very slight . she's beautiful. obviously they're here on a three day trip leading up to the ceremony for the earth shot prize, an organization founded by william the champions environmentalism katherine knight. i firmly believe. we all have it in ourselves to achieve great things. but the visit overshadowed by a racism controversy back home against at

buckingham palace and goes the fulani, founder of the women's nonprofit was repeatedly asked about her nationality by william's godmother lady susan hussey, a longtime lady in waiting to the late queen elizabeth fulani, posting a tweet of the exchange. where are you from here? uk no. but what nationality are you? i am born here and i am finish. no, but where do you really come from? where do your people come from? lady hussey quickly resigned. a woman who says she witnessed the exchange spoke to sky news. i want to see all of them. step up. i want to see the royal household as a whole acknowledge , um, that institutional racism is part of the culture controversy, reminding the world of what prince harry's wife megan, shared with oprah winfrey last year when she claimed a royal family member was concerned about the color of their firstborn. archie skin because megan is mixed race, william later saying very much lots of racist for this latest incident, a royal spokesman

saying the comments were unacceptable and it is right that the individual has stepped aside with immediate effect. you're dealing with 83 year old woman who made these comments in the situation where it's very noisy reception. it was a mistake. it shouldn't have happened. william and kate continue their visit to boston today and tomorrow by coincidence, will meet with president biden. he'll be visiting for separate event. andrew andrea. derek. thank you and coming up new research on whether a four day work week is good for business happens when a good for business happens when a bear overdoses on cocaine. if you're still having bladder leaks, it's time for a change. axonics therapy gave me my life back. it's not another pad or pill. it's amazing that a tiny device can provide 15 years of relief - and you can try it out first. get started at findrealrelief.com ask a bladder specialist if axonics therapy is right for you

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announcer: building a better bay area, moving forward, finding solutions. this is abc.

reggie: rail strike vote. the decision to prevent a potentially crippling strike. but are there enough votes to prevent the bill from getting derailed? >> a man captured on video clinging onto a train in the south bay. reggie: plunging gas prices? plans to bring down the cost at the pump. >> and taking a live look at san rafael. we've been warning about the storm all week and we are just getting to the bottom of it. team coverage including jobina and tracking the impact on the commute, so a lot to get to this morning. but we are happy that you are with us. reggie: welcome to thursday, december 1. your rent is due. i'm here to give facts. >> reality. drew: we are just getting into the start of the storm. it is going to spread south o