we knew in the fall that alec baldwin and matthew hutchins had come to this agreement. f this settlement. matthew was made an executive producer on the film "rust" and that movie just finished filming. we don't know when it's going to come out but we do know that proceeds from that film, when it eventually is distributed will go to matthew and his son as part of this settlement and insurance moneys so i've reached out to alec baldwin who i previously interviewed about all of this. we haven't heard back from him just yet. he is recovering from hip surgery but all of this news is coming amid the fact that as of right now, alec baldwin has been cleared of any criminal wrongdoing in the shooting on the set of "rust" so that is still pending in new mexico. we're waiting for the d.a. to fully clear him sometime this summer but, again, we've reached out for further comment and reached out to matthew hutchins and the family for comment as well. >> chloe, thank you. >> thank you. >>> cnn this morning continues right now. >> it could have been catastrophic economically and globall

so, the money is not just going to matthew hutchins.etails are private, confidential, but we know that the son is going to be getting settlements that will happen when he's 18 and again when he is 22 years old. and as for where this money is coming from, john, it's coming from the proceeds for whatever the movie "rust" makes and insurance money, because that movie, it's still going to come out. people will be able to see it, whether it's in theaters, on streaming, they don't know yet. >> this is the final judge signoff on this, but it really does seem as if this has been in the works for some time, as i've learned from your reporting. >> it has been in the works for a while, and it was always contingent -- this could have all fallen apart. this was contingent on alec baldwin being cleared of criminal charges, which he has, temporarily, the d.a. still has an opportunity to refile charges, so there is this criminal trial still looming. hannah gutierrez, the armorer, still faces charges. perhaps if he had gotten criminal charges and they n

i also want to point out that matthew hutchins was made an executive producer on that film, john. the film finished filming just a few weeks ago, and again, a major moment, but there are other civil suits that alec baldwin and the production of rust are facing. alec baldwin has not said anything. some of that has to do with the fact there is still a criminal trial looming. although the criminal charges were dismissed, there's still a possibility of maybe those charges being refiled against him. >> more to come here potentially. interesting layers in that settlement. thank you very much. kate. >>> so a 14-year-old from largo, florida, is this year's national spelling bee champ. dev shah correctly spelled the word to win the $50,000 prize. shah described the win as surreal and said his legs were still shaking from all of it. shah was on cnn earlier today, and he says part of the strategy that he had was to study the root of the words. listen to this. >> it's pretty important because it could be used as a backup plan, too, because when you're on stage, the nerves do get to you, even

him sometime this summer but, again, we've reached out for further comment and reached out to matthew hutchins and the family for comment as well. >> chloe, thank you. >> thank you. >>> cnn this morning continues right now. >> it could have been catastrophic economically and globally. >> the bill heads to president biden's desk for his signature. >> right up to the deadline and that's when everything magically comes together. >> because of the good work of president biden as well as democrats in the house and democrats in the senate, we are not defaulting. >> days before a portion of an apartment building in iowa collapsed repair work was under way on that section. three people remain missing. >> i said, if you value your life, get away from that building and an hour later i heard the building fell. >> the inspection never failed. it was incomplete. so the work was still in progress. >> this needs to be done in a way that it respects that this is a resting place. >> president biden tripped over a sandbag and fell. because this wasn't the president's first stumble it has gotten a lot of attenti

hutchins husband matthew telling hoda last year, he believed there were unsafe practices on the set.ere were a number of industry standards that were not practiced and there's multiple responsible parties. in the end, you know, justice won't bring halyna back, but maybe the memory of her can help keep people safe. >> hutchins has since dropped his lawsuit against the "rust" film makers. prosecutors leveled these new accusations against gutierrez reid last week in response to a motion filed last month by her attorneys that seeked to dismiss her involuntary manslaughter charge. attorneys telling nbc news quote, the prosecution has so mishandled this case, and the case is so weak, they are now resorting to character assassination tactics to further taint the press and jury pool. filming on the set of "rust" resumed in april, 18 months after the deadly accident. miguel almaguer, nbc news. >>> coming up next, steve is at the big board. i see him there. we'll be right back. the big board. i see him there. we'll be right back. ♪♪ ♪♪ cargurus. shop. buy. sell. online. if you have heart disea