we have emily wilkins with more. >> reporter: good morning, frank.banding together to be a force in the 2024 elections. the effort is already having an impact on capitol hill and lawmakers there. crypto fairshake netted $160 the million with major donations from coinbase and ripple. crypto stand with crypto signed up 1 million voters. fairshare is not planning to play in the presidential election. they are adopting a bipartisan focus on the house and senate races and they can make or break either chamber. pacs have spent $37 million so far in the primaries. that includes the california senate race where fairshake ran adds genagainst katie porter. ripple's ceo said now is the defining moment for crypto and his group and others are working to catch up in d.c. >> anytime you have a close race and a key issue where people will vote on this issue, the crypto voters are raising their hands saying we care and we will vote and have an impact on elections. pay attention to us. >> reporter: pro-crypto candidates will determine which party determines the senate

emily wilkins has the details. sh >> just a couple hours now is when we expect the house to be doing this vote. this is involving hidden fees when booking hotel rooms. the hope is that could be a thing of the past. it's a bipartisan bill in the house and senate. lawmakers are planning to use this expedited process to get this bill done. it would require hotels and other lodging companies to make sure any advertised price includes the price of mandatory fees. these fees are anywhere from $20 to $50. adding them to a bill catches travelers off guard. about 37% of all travelers have found unexpected fees after receiving a hotel bill according to a consumer report survey. those fees add up. hotels raked in an estimated $2.9 billion in fees in 2018, the last year that data is available. the american hotel and lodging association has defended the fees, but they also have endorsed this bill as a way to level the playing field as ensure that consumers can more accurately compare nightly rates. >> lodging consumers we know

hot topic of that conversation will be his signature tax bill that's set to expire next year our emily wilkinsmore emily, good morning. >> good morning, frank house and senate republicans will be meeting with trump a little bit later today, and one thing they are going to discuss is this potential 20 tra age can a which lawmakers say has to include renewing key tax programs that are set to expire next year. now, members are keeping an open mind about what trump will be discussing during the meeting. how much of it is going to be campaign strategy and how much actually might be an actual agenda, but speaker mike johnson told reporters that it is important for republicans to have a plan in place if they do kroell both chambers of congress and the white house in 2025. >> when he comes in, we have to have a very aggressive first 100 days agenda. the first year will be important. i think we cannot waste a moment because there's so many things to do so in light of that we're asking discussions with he and his team now and among the ourselves to plan accordingly. >> the last time trump was in the whi

emily wilkins.ing proposals here, and the question is, will it -- eliminating federal income taxes, reducing corporate tax, will it stick late the economy enough to afterset the idea that we will have to raise a lot more money elsewhere by doing other things like, perhaps -- >> i -- the presumption is this is a theoretical dynamic to again have leverage there. to equate income tax on an individual level against, you know, the potential tariff income -- ah, not going to work. at all. everything that you hear, though, is budget unfriendly and inflationary. and these are two places right now, we've just -- you know, we're doing our best to tread water. and all we do is talk about the impact on treasury yields from just the credit fundamentals of our country, so -- hate it from a credit perspective. >> totally agree. i mean, it used to be republicans were a party of fiscal, you know, conservaconse. >> baoth parties. >> it's getting to be later, so, yeah, anything that's that budget problematic, i don't

we've got phil lebeau standing by on tesla, but let's begin with emily wilkins as today is trump's 78th birthday. happy birthday to him. emily, to you. tell us what he is thinking about taxes. >> well, tyler, if trump wins the white house and honestly even if he doesn't, key parts of the his 2017 tax law are set to expire next year, and trump has said he wants to extend those cuts and to make them permanent, but he also has some other ideas on ways to raise revenue. in a meeting with house republicans yesterday he pitched an all-tariff policy and suggested it could lead to getting rid of the income tax. now, let's be clear a number of economists and tax policy experts were very quick to point out such a policy would not only shift the tax burden to middle and low income earners, but it would be pretty difficult to implement. a senior economist with the tax foundation tweeted the government raises about $2 trillion annually from personal taxes. tariffs raises about $80 billion, but look at this larger base. all imports total are about 3.4 trillion. that's not much higher than the tax rev

my emily wilkins and i have the honor of being the 117th president of the national press club and a correspondent for cnbc. and headliner event with the president's council on sports and physical fitness. submit a question online headliners at press.org and make sure to put fitness in the subject line. ifudience today, you'll have cards so please write legibly, i cannot ask what i cannot read. health experts say that american youth are in a crisis, they're lonely and isolated threatened by bullying on and off line and beset with anxiety. and called mental health is the crisis of our time and urges me people. there is a bright spot, physical activity. as america recognizes national physical fitness, promoting well-being for americans of any age. we'll hear from admiral rachel levine for the u.s. department of health and human services. brandon, senior impact for the nba and the doctor who i've ■tbeen told i can just call dr.o which is great, a physician, professor, member of the counsel and director of student accessibility and accommodation services at the university of michigan. unfortunately, o

my name is emily wilkins. i am honored to be the 117th president of the national press club and a d.c. correspondent for cnbc. thanre and online for our headliner event at the present council on sports, fitness and nutrition. we are happy to accept your questions today, w questions one or email headliners@ nationalpressclub.org. please write legibly, i cannot ask what i cannot read food health experts say american youth are in a crisis, they are lonely and isolated, bullied online and off-line and beset with anxiety. health secretary has called mental health of the defendant has crisis of ourbut . a recent study published in "pediatrics," found physical fitness may prevent depression, anxiety and add in adolescence. as america marks national physical fitness and sports medical and mental health awareness month, we are happy to welcome several distinguished leaders in health and fit to discuss how sports, fitness and nutrition can improve the at any age. today we will be hearing from several folks. admiral rich

my emily wilkins and

let's go over there now and emily wilkins joins us with the biggest takeaways. >> reporter: trump's ceosiscussed a wide range of topics. when it comes to the 2025 agenda the things we will see next year. taxes are near the top. that is because major parts of trump's signature tax bill back f 2017 will expire in 2025. trump wants to make comhanges wh companies and individuals permanent and lowering the tax rate to twrint and eliminate taxes on tipped wages. it not only could help him get blue collar votes in nevada and republicans pick up the senate seat in nevada and flip the senate if they were able to do that. trump threw out ideas that raised eyebrows. he proposed all tariff policy and suggested that it could lead to getting rid of the income tax. that doesn't seem likely to happen but it is in line with trump's push for higher tariffs. another big takeaway from yesterday was really the unity around trump, including from some of his biggest critics like senator mitt romney who attended the meeting and senator mitch mcconnell was shown shaking hands with trump and they wished happy bir

emily wilkins in d.c. >>> after the break a major interview with the ceos of palantir and pfizer meetinghamas lee and advocating for the reasof hostages taken by hamas. we'll be right back. stay with us. [crowd chanting] they ignored your potential, and mocked your ambition. but it's not the critic who counts. with every swing and block, your game plan never changed. ♪♪ some still call it luck. let them. because you know what it's always been. inevitable. ♪♪ ♪♪ the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo >>> welcome back. i'm silvana henao with your cnbc news update. the first named storm of the season tropical storm alberto made landfall this morning in mexico bringing heavy rain and flooding to the gulf coast and texas. the national hurricane center says the storm has maximum sustained winds of 45 miles per hour and that moderate coastal flooding is still likely this morn

emily wilkins will get to you as much as what he's saying behind closed doors there. closed doors with public company ceos. and that's a tremendous opportunity for this former president. he has been getting more support from the business community, folks like steven schwartzman, bill ackman, endorsing trump in recent weeks. but he hasn't really gotten the support back yet from big publicly traded ceos. had is ceos who have a lot of shareholders, a big consumer-facing presence, and a boss so to speak in the public markets. those types. ceos have been -- those types of ceos have been reluck ctant to embrace trump after the racist march in charlotte. a lot of ceos walked away from trump's ceo advisory counsel vernon hills then, have not come -- councils then, have not come back. this is a time for donald trump to reel some folks back in. we'll see whether he makes the most of that or whether this turns into an opportunity for donald trump to lecture those ceos which i think would play less well with some of the executives in the room there. >> do we know if -- the busine

emily wilkins joins us now. it sounds horrible. i don't want it to happen anyone i know, emily.e wants to have happen to them, but there has opinion a boom in basically ai-generated images. they take the faces of real people, and then they put them on deep fake nude images. it's your face, but it's a photo you never took, absolutely at all. and now a new bipartisan bill is seeking to push back not only on those who create and post those images, but also on social media sites and websites where they might appear. cnbc got an exclusive look at the bill that would require social media companies to remove images within 48 hours of the victim requesting them to be taken down. the bill would also criminalizing threapublishing o threatening to publish images. new apps have made it easier than ever to create fake pornographic images. in 2023, deep fake pornography videos have increased 464%. in texas, students have used ai generation apps to bully and harass classmates with these deep fake app. and other states have criminalized deep fake porn. but the bill's senator ted cruz said in a

emily wilkins joins us now, she has more from washington. hi, emily. >> good morning, becky.e against the clock to ensure that 2024 elections are not derailed by deepfakes. we have several bipartisan bills that are gaining momentum after they were approved by a senate committee and given the green light by senate road map that laid out what the future of a.i. legislation in the senate is going to be. these separate measures, couple of different things, one of them would ban deepfakes from political ads. another would require ads that use some degree of a.i. to include a disclaimer and would also require federal agencies to get together and create some guidelines for election officials on a.i. now, deepfakes have already showed up in elections, including a robocall that used a.i. to mimic joe biden's voice. and look at this a.i.-generated image. it shows trump hugging dr. fauci, posted by an x account affiliated with ron desantis' campaign. you can tell some of the images do not seem to be real, appear to be generated by a.i. senators like amy klobuchar are worried that it is

we have emily wilkins with more. >> reporter: good morning, becky.e looking to be makers or breakers this november and expand influence in d.c. in the past month, coinbase and ripple have all given major donations to fakeshake pac. that is the fourth largest political action committee playing in 2024 according to open secrets. the group raised $160 million by the end of may and more than 1 million people have signed up to be advocates for the non-profit ste stem of crypto. coinbase chief officer said that the grassroots movement is a wake-up call for lawmakers who thought their constituents didn't care about block cchain. >> we made a fun i realization to get the politics out of crypto to level the playing field and allow the tens of millions who own crypto to be part of the process. >> fairshake is focusing on the house and senate races. they will stay out of the race and fairshake pac spent $37 million on ads and two affiliates for prime miaries wh could be key in ohio and mo montana. becky. >> emily, have you seen the skepticism die aways a result