U.S. Releases Official Text of 14-Point Agreement with Iran

25:35So what are voters thinking about the midterms? That's next.

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26:19In Georgia, Republican Congressman Mike Collins, Trump's pick to challenge incumbent Democratic Senator John Ossoff won. When it's picked for Georgia Governor, Burt Jones, he did not win. Jones lost to billionaire health care executive Rick Jackson, who spent$100 million of his own money to boost his campaign. I want to talk about this and a lot more with my political panel. Let's start with that pivotal Senate contest in Georgia. Mike Collins defeats former football coach Derek Dooley, who had the support of Georgia Governor Brian Kemp. Chuck, Trump got the matchup he wanted. Dooley's passed as a subpar football coach.

26:54Probably didn't. Sorry, that was unnecessary. Where are you thinking right now in terms of where Democrats stand in this race? I hear a lot about John Ossoff every single day. The Democrats feel as good as they seem to be portrayed. John Ossoff is a hot ticket to the Democratic Party. He's young. He's good looking. He's well on the stump. Folks who are old like me who remember Bill Clinton when he was young and skinny are like, man, that guy really connects with people. It gets people excited. And I think that it's not going to be a close race for the Senate race. But I caution my Democrats that who we'll talk about later, this Jackson guy who's got unlimited money for the governor's race, for old operatives like me and him here, we know that that guy can take a lot of money and spread it around to county parties and take over like field operations and other things like that that Collins would have never had the chance to do and be hugely outspent by the Democrats.

27:40So I do think that it's not a given, but it's problematic for Republicans. I think this is a really good point. This is actually what I want to ask you. I think this reshapes certainly the governor's race against who Democrats wanted to run against on the governor's side of things. But I'm interested in kind of the impact on statewide. Do you think it could be as dramatic as Chuck is laying out? Well, it is. Rick Jackson's a great candidate. He's a self-made guy. He grew up in public housing in Atlanta. He has a great story. Now he has a company that serves 20 million patients in health care. We think he's a really strong nominee, and he also relieves pressure on other governor's races in other states because Georgia is a good state for Republicans running for governor.

28:17I think it does help Mike Collins. I think the Senate race is interesting in that both parties have nominated candidates that come from their bases. Mike Collins carried rural Georgia. Derek Dooley won 12 counties around metro Atlanta. And that's a, you know, swing voters tend to be in the metro area in Georgia. But on the Democrat side, John Ossoff, he's not done what purple state senators do. Normally they find a way to craft a path that's independent of their party, be very moderate. John Ossoff's one of the most liberal senators in the U.S. Senate. So he's made a big bet that being liberal will raise him a lot of money.

28:47Republicans have made a bet that Mike Collins can turn out the base and we'll see how works out. Yeah, that'll be a fascinating race. Scott, there was also a race here in D.C. There's primary for mayor. The candidate, Janice Lewis-George, who has a very sizable lead right now, would be another Democratic socialist to take over as mayor of a big city. And as one might suspect, I believe the president already has some issues, which may have actually helped her on election night. Listen. How would you feel if she emerges victorious in next Tuesday's? Well, I wouldn't like it and maybe we'll take back Washington, run it on the federal basis.

29:24We won't put up with it. We're not going to lose our businesses. It's been really interesting watching the dynamic between the incumbent mayor and the Trump administration based on what we were all covering, it feels like 15 years ago, I think it was probably last year. What's your sense of kind of where this goes from here if she ends up winning? It does feel like 15 years ago last year, doesn't it? Every day. Every day. Ms. George, the likely nominee, was, of the candidates, the most emphatically anti-Trump of the people running. Unequivocally so. And respectfully, that tells you guys what these new pretty fountains the president has put up in Washington, D.C., means to the rank and file.

30:01They're concerned about the rent. They're concerned about the schools. They're concerned about health care. The fountains are nice, but that's not going to win people over to Trump's side in the District of Columbia. She's in her 30s. She does pitch herself as a Democratic socialist in the mold of New York Mayor Mondani. But I also think it's a big sea change because those who live in the District of Columbia know they've had the version of a moderate mayor for the last 12 years. There's a change agency going through so many communities. I think you're seeing that in the nominees Democrats are choosing, Republicans are choosing, and the District of Columbia is chosen.

30:33I think Ms. George is going to be a big poster child for everything that we think is wrong with the Democratic Party. You know, she's against pretrial detention for violent criminals. She's voted to lower sentences for carjacking in the middle of a carjacking boom here in Washington, D.C. She's for rent control, which we know drives up prices of rent. She's been for tax increases. She is as far left as you can get in a very prominent place. And I think she and Mayor Mondani are going to be great foils for Republicans in the campaigns as well. Just to be clear, he said the exact same thing about a good looking boy up in New York named Mondani, who still is pretty popular up there and hasn't run that city all the way in the dirt yet.

31:09He could. Any of his Democrats. I mean, that's a good thing. But I'll also say in full disclosure for everybody at home, my wife endorsed Ms. George. That's probably what put her over the top. And it wasn't just Ms. George. There were a lot of other folks down about it to Scott's point. The open seat in the first race, the at-large seat. There was a big sweep last night by the DSA and lots of races around D.C. Yeah, and Scott's point is really, really important for people to understand. Mayor Bowser is not a progressive Democratic Socialist in the way that I think people think about it. It will be a pretty significant change.

31:38I want to play part of an exchange between President Trump's pick to lead the Justice Department's internal watchdog office when asked during his confirmation hearing to describe what happened on January 6th. I don't know if I would use the term attacked. I mean, we had activity outside the Capitol, protests and such, and there was violence on Capitol grounds. be now the author of the most obvious understatement, Capitol Police were injured, some died, was the Capitol attacked? So again, it's more a term that you're using attacked. There was protest activity. There was violence on Capitol grounds.

32:21Scott, how are we still here? It's not just that question. You all have heard it. It's the question that Democratic senators keep posing to judicial nominees. Do you think President Biden won the 2020 election? And they equivocate or say it's a political question, even though one would think a judge could view that as an issue of fact that's been litigated through the courts. The term activity to describe January 6th is a re-traumatization for the victims, of which there are more than 140 police officers and their families, and the congressional staffers hiding behind tables barricading doors from the violent group of mob rioters.

32:55It's also a choice. And there seems to be an audience of one to so many of these Senate testimonies from Trump nominees. Brad, that was actually what I've long wondered about this is, is it just as simple as like they just don't want to piss off Trump? I mean, you're DOJ IG. Like, I can't fathom he's sitting there monitoring, maybe, that he's monitoring the testimony and answers the question for a DOJ IG. I've been a critic of this for quite a while, and I didn't think that the violent leaders should have been pardoned. I was pretty clear on that when that happened, too. But more importantly, the political impact, I think, for the administration is it's looking backward.

33:32And elections are one in the windshield, not the rearview mirror. And they need to be focused in sending nominees to the Hill who can talk about how they're going to solve problems for the next three years. That's what's good politics, and that's what the candidates who are running for Senate and House need. And every time Republicans aren't talking about gas and groceries, the Democrat gets another set of wings and wins another midterm election. Do you see a shift? I know where Hill Republicans are on this. I know the fight we're fighting over an acting DNI at this point in time. They don't feel like they're ever able to kind of get out of the gates on their messaging.

34:02Do you see that having a tangible impact on them as we head into, really, it's time to hit the gas. And I think you're going to see a lot more Republicans grow a spine because they see what he just said. Because the primaries are over. Trump can come over for two years. But he can't come after them now because their primaries are over and they need to win a midterm. and they know that the elections are in the windshield and they know they're going to need to be talking about gas and groceries and bringing down the cost of things because that's where the American people are. Those folks on the Hill understand politics and they want to talk about it, but they are scared to death of Donald Trump.

34:30Yeah, it'll be fascinating to watch those dynamics. Thank you, guys. Appreciate you, as always. We're following breaking news. Sources telling CNN President Trump has signed the Memorandum of Understanding with Iran to begin more negotiations to try and end the war. CNN's Caitlin Collins and Barack Ravid join us live in just minutes with what they're learning right now. Stay with us.

34:57Father's Day is when we show appreciation for the dads, grandfathers, and father figures who've helped shape our lives. And this Sunday on Father's Day, CNN's Jake Tapper is sitting down with Senators Mark Kelly, Tim Scott, and former Senator Mitt Romney to learn more about how their unique relationships with their dads helped shape their own approach to fatherhood. Here's a preview from Jake's conversation with Senator and former astronaut Mark Kelly, in which he reveals for the first time that his dad was, at the time, abusive. No, I'd run to come, to have my grandfather come and get my, this only happened one time that I remember, to get my mom and my brother.

35:36Yeah, like she would send, I don't know, maybe I was, because I was six minutes older, I was assigned, you know, the duty to run to my grandparents' house. Do you remember running? Like, do you remember? I remember running with, like, no shirt and shorts and no shoes at 3 in the morning down Pleasant Valley Way, all the way to where my grandparents live, which felt like to me to be, it might as well have been 10 miles away. It was, you know, I think I took a look at it once. I think it was 2 or 3 miles away. And you were running to save your brother and your mom? Yeah, to get help. Because he might hurt them?

36:15Yeah, I mean, he was a violent guy.

36:23Be sure to watch this very special edition of State of the Union with Jake Tapper. That's Sunday at 9 a.m. and noon Eastern on CNN.

36:33This is CNN Breaking News. Welcome to Lead on Film Attingly. Jake Tapper is on assignment. We are following breaking news. The memorandum of understanding between the U.S. and Iran has been signed by President Trump, according to sources. Trump says the agreement ensures the Iranian regime will never get a nuclear weapon. One U.S. official characterized it as a, quote, gentleman's agreement, while others say it doesn't reflect the critical back-channel agreements. Trump put it this way earlier in the day.

37:05I'd rather, this is a memorandum of understanding. signing. It's very important, but it might not be the kind of a document that I should be signing. If it works out, I'm going to take the credit. If it doesn't work out, I'm blaming J.D. You better be careful, J.D. Now, the 14-point memorandum will unfreeze Iranian assets, offer significant sanctions relief, and a massive cash investment in Iran's oil trade. CNN's Caitlin Collins and analyst Barack Ravid join us now. And Caitlin, we originally thought the signing was happening on Friday. What does this all mean? I mean, judging by our count now, Phil, this is the second time the president has signed this agreement.

37:46He did so a couple of days ago when they had initially agreed to it on Sunday. Now the White House is confirming that he did sign a physical copy of tonight at this dinner that he's having at Versailles with the French president on the heels of this G7 summit. And so he's now signed it multiple times. We still We'll expect the vice president to sign it again in that ceremonial signing that the president was seemingly joking about at the end of the press conference there when asked about if things go poorly here, if he's going to put the blame of this agreement on the vice president when he was joking there at the end saying yes, that he was.

38:19And I should note, Phil, despite the fact that this has now been signed multiple times by multiple officials and there are more signings to come, we just got the first look at the actual text of this today. There have been some drafts that have been circulating around, certainly here at the G7 summit, with other world leaders telling us they had seen it yesterday, including Canada's prime minister. And the president was touting something that is true when he came out at the press conference, which is that other world leaders here love this agreement and that they are fully behind it and endorsing it so far.

38:47But as you know, Phil, back home in Washington, it is getting a much frostier reception from a lot of the president's usual allies and Republicans who are saying, One of them, Bill Cassidy, calling it the biggest foreign policy blunder in decades. And a lot of them asking, you know, what the president said on day one of this war compared to what he was saying today, where he was arguing for Iran to have missiles after vowing to raise their missile industry to the ground. He was also praising Iranian leadership, which, of course, is just the son of the former supreme leader. The president was praising him today after initially in this war he had called on the Iranian people to take back their government, saying it was the only time in generations they were going to have the opportunity to do so.

39:27But really, it's the financial incentives for Iran that are in this agreement that have these lawmakers so upset. Because, yes, the president and the White House keeps focusing on what's performance-based, which they say is lifting sanctions, unfreezing Iranian assets, something the president defended today, saying it's their money, even though he criticized President Obama for doing similar. But there's also some that are happening immediately, like the oil sales. They are going to be able to immediately begin selling oil. They're going to get waivers for that. And so they'll obviously be able to make money for that.

39:57And we will see where this goes forward and whether or not this next 60-day period actually does produce anything. A lot of skeptical people back in Washington, though, Phil, who don't seem to think that is going to be the case here. Yeah, skepticism tied to history of negotiations between these two countries. No question about that. Barack, my sense from administration officials is like they want to kick this next phase into gear in terms of tangible negotiations immediately, as soon as possible. And they want to make concrete, I think, some level of substantive moves forward in the days ahead.

40:31What's your sense of the next steps? Well, there's going to be a meeting on Friday in a very nice resort in Switzerland. It will be historic because we'll see, I think, the vice president, Vice President Vance and Speaker of Iranian Parliament, Khali Baaf, maybe in front of the cameras for the first time, shaking hands, something we haven't seen since the Islamic revolution in 1979. So I think on the one hand it will be historic, but it will only be a launch. This deal is highly technical, highly difficult to get those detailed negotiations over Iran's nuclear program. I find it highly unlikely that you can manage to do such a thing in 60 days, highly unlikely.

41:29And I think, you know, U.S. officials say they will know in two, three weeks whether the Iranians are really serious or not. They also say that they had a gentleman's agreement with the Iranians during the negotiations, meaning that they got some verbal commitments from the Iranians on the scope of the nuclear concessions they are ready to do, and that they'll see when they actually sit at the table now in the negotiations whether the Iranians really stick to those commitments. But I think that even if they are, if they do commit, it will take a long time, many months in order to get such a deal.

42:09Barack, there's a kind of positive tone and a level of optimism that I think we've picked up from administration officials and the president as well over the course of the last several days. Do you think they're clear eyed about the difficulty that lies ahead? Well, I think on the one hand, they say that they're clear-eyed. On the other hand, they express a lot of optimism. And I think they also express a lot of optimism about, again, we hear President Trump saying it publicly, more rational Iranian leadership. Other U.S. officials say, you know, it's a dialogue between the U.S. and Iran that hasn't happened in years on multiple levels with the IRGC.

43:02At the end of the day, the system in Iran is the same system. There hasn't been a regime change, okay? The IRGC is the same IRGC. In some ways, the commanders of the IRGC are some of the most hardline people that were sidelined during the time of the previous supreme leader. And I think that the basic premise of this regime is that it wants to maintain its nuclear program. So I think we should keep our expectations low and be very skeptical about this negotiation. while, you know, giving it the chance to succeed. Two of the absolute best in the business, Barack Ravid, Caitlin Collins. Thank you guys so much as always.

43:50Of course, don't miss Caitlin on her show, The Source with Caitlin Collins. That's tonight at 9 Eastern on CNN. Well, with me now in studio, CNN National Security Analyst and former Deputy Director of National Intelligence, Beth Sander, and CNN Global Affairs and Political Commentator, Sabrina Singh. Guys, thank you for joining me. I know there's a lot of moving parts that we're all trying to get our heads around every 15 minutes or so. Beth, I want to start with, you know, Caitlin referenced what we saw from Senator Bill Cassidy in terms of, I'll actually read it for you. He posted this today.

44:21Reagan is rolling over in his grave. Iran's nuclear ambitions were not curbed, and they have learned that threatening the Strait of Foreign Affairs works and will undoubtedly leverage it in the future. Now Iran gets to build brand new infrastructure around this deal. He goes on to say this is the worst foreign policy blunder in decades. Now, important caveat, Bill Cassidy lost his primary in large part because the president went against him on this. But what Cassidy's saying is not too dissimilar from what I've heard from some other Republicans as well. We're very concerned about this. What's your read on the 14 points?

44:53It is an Iranian deal. They got a lot. And, you know, I think that the real challenge now is whether this next part of the negotiation happens. You know, we've got to get through this 60 days and then we've got to get through another 60 days of the actual negotiation. Right. So I think it's not fair to compare the MOU to the JCPOA. But we have enough hints here to tell us that the Iranians are getting so much that we had to give a ton in order to get them even to sign this MOU. And I believe, Serena, correct me if I'm wrong, I think it took us longer from the ceasefire to this MOU, more than 60 days.

45:38And this is just like kind of a, you know, framework BS thing. I mean, there's some things in there, but like 60 days for the actual negotiation that matters. And then we have all the things that aren't in here. So you have to wonder, why did we conduct this war? This MOU is about putting us back to the status quo ante, but not even that, right? I mean, because we're giving them this regime, this horrible regime, billions and billions of dollars, and we're normalizing it. We're literally saying out loud that these are the good guys now. These are the moderate people. And they're not. And we're paying them money so they can rebuild whatever they want to rebuild so they can return to the threat.

46:23I think this is not, this doesn't sound like a great deal. Sabrina, it's been interesting how administration officials who have talked to reporters about this are trying to make the case for it. And in part, it's kind of this view that these are different people, even if it's the sun and hardliners that have been elevated. IRGC's role in general, I think, is more elevated than it even was before. But also the idea of, like, look, economic integration. This is a country that's in a really bad economic place right now. They need this. They have to have this. The world is committing to this on some level, which, frankly, rings similar to a lot of what I think the Obama administration was trying to think, not to compare the two things.

47:02Do you see any merit to how they're kind of pitching this out right now? I really don't. And to Beth's point, I think this is a bit of a capitulation from this administration when it comes to many of the points in the deal. I mean, to what you were saying earlier, Iran's economy is just spiraling downwards. That was our leverage against them to hold them accountable. But because we are giving them waivers to now sell their oil, what they're able to do is not only expand where they sell on the global market, they can take that money back, and they're not going to necessarily invest that back into their economic infrastructure.

47:34They could invest that back into rebuilding their military capabilities. And that's something that's also not addressed in that MOU, which is the ballistic missile program, their support for proxies. We know these are things that Donald Trump laid out at the very beginning of this war, that those were some of the core tenets of why we went to war in the first place, and they're not even addressed. So, you know, I think when it comes to this deal, this administration is going to try and sell this as a win. I think Senator Cassidy's words stand very true that this was one of the worst foreign policy blunders in the last few decades.

48:07And I just do not see how this administration, I mean, to what Beth was saying, it's not a deal. You can't compare it to the JCPOA. It's 14 points. We don't have any of the details yet. Yeah, very, very good points. The president offered thanks to China and Russia today for their role. I want you to take a listen. I want to thank China, President Xi, I was with him. And he stayed neutral, totally neutral. And I appreciate it. And I want to thank Vladimir Putin. He was very neutral. They could have made it much more difficult for us. Beth, I think I have a sense of what he's trying to get at there.

48:50Does it make any sense to you? They did not send fighter jets and air defense systems to Iran. What they did send and what they both provided were means of Iran to better target Americans, potentially to kill Americans, to fire exactly on our bases. Many of our bases and our embassies in the region are destroyed to the point where it's going to cost billions of dollars to rebuild them. The pinpoint accuracy of that was almost certainly from help from Russia and China. And I don't know whether the lives that were lost in Kuwait were as a result of this targeting, but I suspect that they got some help.

49:36Sabrina, I was very struck today by the number of mentions Herbert Hoover got from the president and his press conference, which is a reference to, you know, didn't want it to be the Great Depression, didn't want to be known as 1929. I think it's a tell. I think that's actually a really important kind of window into where the administration was seeing the kind of global economy and perhaps moving really close to the brink here. Is that the reason to sign off on this if it's as kind of whole ridden as you guys say it is? I mean, to borrow, you know, a phrase from the president that he likes to use, this administration politically just doesn't have the cards right now.

50:10I mean, people every day are pulling up to gas stations and they're seeing their prices grow up. They're seeing their grocery prices go up. And it is a cause of this war. And because this was a war of choice and because the American people never got an explanation from this president on why we need to go to war in the first place, it's politically toxic where they are now. So absolutely, they saw this as an off-ramp to get out and to get out quickly. And unfortunately, you know, Iran is going to walk away economically on stronger footing than they were at the start of this war. And that is something that we are going to wrestle with for a very long time, including the fact that they will retain eight-semester capabilities to potentially close the strait in the future.

50:52Yeah, they have leverage now that they never had before. And I think that's a fascinating piece of all of this. Sabrina, Beth, thank you guys. I appreciate you. Well, more reaction to this agreement in moments. We'll be joined by Democratic lawmaker, who is on both the armed services and foreign relations committees. What has been the reaction to this document on Capitol Hill? Plus, today, the U.S. military identified the eight people killed when an Air Force B-52 bomber crashed in California earlier this week. What we're learning about those victims ahead.

51:26Back with our world lead, President Trump is almost done with his G7 trip, capping it off at the fancy dinner at France's iconic Versailles Palace, where he officially signed a Memorandum of Understanding with Iran. Joining us now, Democratic Senator Jackie Rosen of Nevada. She is on the Armed Services and Foreign Relations Committee. Senator, I really appreciate your time. Your colleague, Senator Lindsey Graham, says he talked to Special Envoy Steve Whitcoff at length and believes the agreement will be, quote, beneficial to the U.S. What's your view on it? Well, my view that is this is a weak deal.

51:56It is weaker than the JCPOA. It puts us no, actually worse off than when we went in because we're going to give Iran, let's think about this. Iran is no hero here. They are the leading state sponsor of terrorism. We're going to give them upwards of half a trillion dollars to rebuild. What do you think they're going to do with it? Just feed people? They're going to rebuild their defense industrial base, and let's remind people that every bomb made in Iran says death to America on it. So this is a weak deal. We are no better off. I don't want to see any more of our men and women in harm's way, so we do need to do something.

52:33But Trump's tolls in 60 days, it's just going to be like another tariff. Costs are going to get passed on to the American consumer. So in every way, we lose in this deal, and Iran wins. And so I don't think it's a good deal. I disagree with Senator Graham. One of the things I was struck by earlier when senior administration officials were walking reporters through the MOU was the most immediate kind of financial benefit within these 14 points comes from Treasury issuing licenses for oil sales immediately. Then what the administration is saying to defend it is basically that the U.S. would be giving China, quote, a big fat discount if they did not do this.

53:14What do you make of that kind of defense? Well, none of this makes any sense. We are literally capitulating to Iran. The president went into a war without knowing what he was doing, without a plan to get out, and without a clear goal. Iran now is going to have plenty of money. Sanctions are going to be lifted. They're going to be able to maybe put tolls on in 60 days in the Straits of Hormuz, where all our farmers' fertilizer, plastics, and oil come through. We lose in every single point. And by the way, no talk about stopping their nuclear program. And so no stopping of funding their terrorist proxies, which we're worried about every day here in America and around the world.

53:58So I think it's an incredibly bad and weak deal. And the president just is tired. He wants to get out of it. And he handed the keys to Iran. This is a good deal for them. They're laughing all the way to the literal bank on this one. The president was talking about the U.S. bombing campaign on Iran earlier today during his press conference. Take a listen. And by the way, those last two days were brutal. $200 million worth of bombs. And, you know, it is expensive, too, by the way, aside from everything else. We're learning now that the president has invoked the Defense Production Act to force defense companies to manufacture more ordnance and weapons.

54:37I'm interested, this is a longstanding issue that I've heard about in the last administration. It's certainly been exacerbated by the conflict of the last 109 days. What are you hearing about kind of the levels or low levels, dangerously low levels, of the U.S. arsenal at this point? Well, yes, without going in without a plan and bombing indiscriminately, without thinking about what we're doing or how we're doing it, they're just doing it all for show and big photos on TV. We have really depleted our stock. So that puts us at more and more risk. Everything he's done in the region has put American lives at risk, our men and women that they've deployed to the region, all around there, all of us.

55:16And of course, every American is going to pay every taxpayer by the sweet deals that Trump is giving to Iran to rebuild that. How much is it going to cost us to rebuild our own bases and our own assets that were destroyed by Iran during this war? and also what are those tolls going to cost us? Price of gas isn't going down. Price of fertilizer isn't going to go down. No prices will come down. That's why I introduced some bills today to stop Trump from doing that slush fund so we can really reduce prices here at home. Can I ask you about that, actually? Yeah. I noticed that when you introduced the package of bills, I think it was a couple weeks ago, I knew you were going to the Senate floor.

55:56Honestly, I've been on television, so I'm not sure if you got the UCs. I'm going to guess you probably did not. I did, I did. and Senator Scott objected to all three. Can you walk people through kind of what they actually did, what you were going for here? Yeah, so what we did is we introduced three bills because Donald Trump wants to put about$1.8 billion slush fund to pay the January 6 rioters. I was here that day. They were no tourists, trust me. And all of his billionaire buddies and anybody who he thinks without impunity, no audits, no trails, any of that. So I know how important our families are to all of this.

56:32And I want to show my folks in Nevada and around the country where my priorities are. So number one, how about taking that money and funding SNAP? In Nevada, 40 % of the kids are food insecure. 40 % of people on SNAP are children. We could take that money and feed hungry children in Nevada. But of course, Rick Scott had to object. Then I put another bill that said, well, if you don't like that, how about supporting those folks on Medicaid? And I'm going to point again to kids because I meet with a lot of families who have kids with chronic or terminal diseases, and they're on Medicaid, people who are very sick, that they need this kind of care.

57:09They've lost health insurance, can't afford it, or they're just too ill. I said, why don't we put that$1.8 billion to helping folks on Medicaid? Rick Scott, happy to block that because he thinks the president should be giving money to the January 6 rioters. And then of course, if they don't like taking care of kids with food or medicine, how about making sure our communities are safe? So the third bill I had was to support local law enforcement, specifically the COPS hiring program that helps with recruitment, retention. So our local law enforcement is struggling for all of that. They need the tools, technology, and training in order to keep our community safe.

57:49And Republicans say they support law enforcement, but they blocked that so Trump could give money to his pals. So Rick Scott, on behalf of all Republicans in the Senate, and on behalf of paying tribute to Donald Trump, he said that himself, basically blocked my three bills that would redirect the funds. Let's see if the appropriations process is any more fertile ground going forward. Democratic Senator Jackie Rosen, appreciate your time. Thanks so much. Thank you for having me. Well, five people were rescued from this scene, a fiery plane crash on a Texas highway last night. The woman who shot this video joins us live next to explain how it all unfolded.

58:35In our Law and Justice lead attorneys for Luigi Mangione will present a psychiatric defense at his New York state murder trial this fall. They plan to argue he was experiencing extreme emotional disturbance when he fatally shot UnitedHealthcare CEO Brian Thompson in New York City in December 2024. If successful, Mangione's second-degree murder charge could be reduced to manslaughter, cutting the maximum sentence from life in prison to 25 years. Today, Judge Gregory Caro ordered Mangione's legal team to turn over medical records and identify expert witnesses by Thursday, giving prosecutors enough time to prepare for the trial, which is slated to begin this September.

59:14Also in our Law and Justice lead... You make me sick and I don't forgive you. A small measure of justice for the families of the victims murdered by the Gilgo Beach serial killer. Today, a judge sentenced Rex Hewerman to life in prison without the possibility of parole after admitting to killing eight women over a 17-year period in Long Island. As CNN's Bryn Gingrass reports, the sentencing marks the close to one of New York's most perplexing murder mysteries. Get him out of here.

59:52The courtroom erupted in applause at the sentencing of Gilgo Beach killer Rex Heurman. You're a disgusting and despicable small man, if you're a man at all. And you're a coward. The judge handing down a life sentence to the serial killer with no chance of getting out. I'm responsible for what was said in this room today. The words I would say have no meaning. And I'm going to leave it there. at this time. Are you a little bit sorry for what you did to these poor innocent women? Eight women that you strangled to death? At least eight that we know of? Are you at least a little bit sorry for that?

1:00:35Yes? Yes, I am. That explosive exchange coming after more than a dozen family members of Heuermann's victims addressed him in court. I hope he's forced to sit with the reality to feel even a fraction of the weight, The trauma and the pain I've carried for so long. The 62-year-old sat quietly, head down, even as they demanded his attention. You can look at me when I'm talking. Like the justice system, I too am banishing the prisoner from occupying any more space in my mind as this day comes to a close. Be gone, cowardly demon. The sentencing a final step in a case that stretched decades. It's a day that I've been thinking of my whole life.

1:01:15the chance to finally speak up for her, it gives me comfort for her knowing she can finally lay down rest and peace. Authorities connected Heuermann to the killings of seven women who they say he targeted because they were sex workers. Their lives had meaning, purpose, and value. A break in the cold case came in 2023 after a task force was formed dedicated to the case. Authorities arrested Heuermann in New York City, linking a pizza crust he threw in the garbage to DNA left on some of the victims. I have no doubt that this defendant is very sorry. He is sorry. He is sorry he got caught. In April, Heurman struck a plea deal with prosecutors and admitted to killing eight women.

1:01:56Having been given the opportunity to say what I said today, I feel a lot lighter and I have hope for healing. And the remains of four people who were found on that stretch of beach still remain unconnected to Heurman at this point, But officials say they are still working to see if they can make some sort of connection, especially with DNA, Phil. And those families that you heard from, well, in court today, they addressed Hewerman and they basically said, we are convinced that you did those murders as well. And it's time to come clean. Brent Gingrass, thanks so much for the great reporting. Well, President Trump has made it clear he wants the Federal Reserve to lower interest rates.

1:02:33But today, his hand-picked Fed chair didn't exactly deliver that. So will there be any cuts later this year? What about hikes? Stick with us.

1:02:50International lead a private plane with six people on board crashed last night, erupting in flames on a highway near Dorado, Texas. The incident sparked a frantic rescue as passing drivers and police officers rushed to the burning wreckage to save the passengers who were trapped inside. Five people were rescued, but sadly, Capital Factory, a startup business in Austin, Texas, confirms that its CEO, Joshua Baer, was killed in the accident. Saira Gauza watched as the terrifying scene unfolded and recorded it on her phone. She joins me now. Thank you for your time. Just to start, how are you doing after watching and witnessing this?

1:03:30It's sad to hear that somebody had to pass away. We were cheering that everybody was going to survive the crash. And it's just very dramatic and still we can't believe this has happened. It looked like out of a movie. So it was just very tragic what would happen last night. Tell people what you saw when the plane crashed and kind of how events developed. So I was heading south of the loop. I was dropping off some of my employees when we saw from far away some fire. So we thought it was just a tractor trailer with a vehicle, you know, just an accident. And until we got closer, we saw the nose of the aircraft and the aircraft split in half.

1:04:24We did see two law enforcements already in the scene trying to break the window, the windshield from the front. And then we noticed that the pilots weren't trying to break it through the inside. That's when my husband immediately told me to park and he went to surrender aid. What were you thinking as your husband went to help? Honestly, he does that all the time when there's an accident. So I wasn't expecting less of him. I was just concerned about the people. We didn't know how many people were inside the aircraft. The fire was just getting bigger and bigger by the minute. So we didn't know if it was going to be potential of explosion due to the fire.

1:05:13Too many things were running into our head. And then when we saw miraculously that the children were the ones that opened the door, my husband told me that the door was very heavy. So he doesn't know how they were able to open that door because it was sealed shut. But thankfully, they were able to open the door and that's how they were able to get out from the airplane. Based on the pictures, Miraculous is the most apt way to describe things. What did you think as you saw them walk out, as you saw that there were actual survivors here? Honestly, it was shocking. Usually when we hear about an airplane crash, usually there's very minimal survivors.

1:05:56It's not common. So it was a miracle for them to be, they survived the crash and then were able to get out of the aircraft. The aircraft was full of smoke. And so the children didn't have any injuries. Once they got out, one of the law enforcement was with them. And my husband was telling me he was holding the door. One of the pilots, the first pilot, was kind of confused and asking if the aircraft was inflamed. So he told them to get out. He got out, but there was another pilot there. The other pilot was trying to pull that person that was unconscious closer to the door to so so the paramedics will get him out.

1:06:42So my husband had to go partially into the aircraft to pull the other pilot out. It was something scary because I couldn't believe that. I mean, I just was already concerned of everybody there and then more of him, you know, going, you know, partially inside to pull the other pilot. It was very stressful. I bet. It's remarkable. My thanks to you for sharing your story, to your husband for being one of the many heroes that helped with those survivors. Sarah Garza, thank you so much for sharing your time. Thank you so much. Take care. Well, today the Federal Reserve signaled that higher interest rates could be coming later this year.

1:07:23What this means for your family and the prices you pay. That's next.

1:07:33All eyes on the Fed this afternoon. New Federal Reserve Chairman Kevin Warsh shared his latest take on the economy in remarks in a press conference closely watched by Wall Street with investors looking for signals on inflation, interest rates, growth. Energy markets, of course, also in focus. Oil prices have eased on hopes of an U.S.-Iran deal, while U.S. crude inventories, well, they've had a bit of a rougher time, plunging by 17.2 million barrels last week. With inflation and energy and rates all intertwined, Warsh's comments, Warsh's views could help shape market expectations every day of the week at this point.

1:08:05I want to bring in CNN's Matt Egan, who was in the room for the Fed chair's press conference, which in part was defined by not telling us anything that we wanted to know about his forecast or what he was thinking about the future. But it was a fascinating press conference. What was your takeaway? Well, Phil, it was fascinating. Kevin Warsh, he told us a long time ago that he wanted regime change at the Fed. And I think today we've realized that he's serious about that, right? He is not talking about incremental, gradual change to this incredibly powerful institution. He wants sweeping reform, right?

1:08:37He announced the launch of not one or two, but five different task force that could change how the Fed does everything from communicate to the public, to how they think about inflation, to how they measure the economy. It's really stunning to hear all the different things that he is trying to do here. And the other thing that really stuck out to me was the Fed statement, right? It was almost unrecognizable to what we've seen before. It was incredibly succinct. I think you did the word count. It was like half the size of the prior statement. But what was most interesting was the new thing that they added to the Fed statement.

1:09:10They said, quote, the committee will deliver price stability. And for Fed speak, that's pretty emphatic. And he stressed it again and again during the press conference. And he noted that for five years now, the Fed has missed its 2 % inflation target. And so I think the message from Warsh is that there's a new sheriff in town. And under his leadership, high inflation, it's just not going to fly. Yeah. He told you what he was going to do. Now he's actually doing it. Though he was very diplomatic and how he talked about Fed staff and Fed officials as well. I'm interested because the idea was, I think, for a lot of people outside of the confirmation space, was like Trump wanted him to cut rates.

1:09:47He didn't cut rates the first time. What do you think happens next in that fraught relationship historically? Yeah. Well, look, I think one of the big debates coming into today was which Kevin Walsh are we going to get? Is it going to be the inflation hawk who, even in 2009, when unemployment was high, was very concerned about high inflation? Or is it going to be the Kevin Warsh who, while sort of auditioning for this job, he was very open to cutting interest rates, in part because he's optimistic about inflation eventually, about AI eventually being deflationary. And I think that we kind of got our answer, right?

1:10:24It's the inflation hawk. The new Kevin Warsh sounds a lot like the old one. And what's interesting is the market reaction was pretty significant, right? The market is now pricing in a 66 % chance of at least one interest rate hike by September. That is a massive difference from 24 hours ago when the market saw just a 30 % chance. And the odds are even higher of an interest rate hike by the end of the year. So Wall Street is bracing for higher interest rates. And for Main Street, I mean, that means higher borrowing costs, right? It'll be harder to pay off your credit card debt, harder to finance the purchase of a car, harder to get a mortgage.

1:11:00But the goal here, of course, is to try to drive down inflation and get the cost of living back to where it's supposed to be. Yeah, it's going to be fascinating to watch. I want to ask you about something I heard from President Trump today during the press conference that he had. Take a listen. Everything follows the cost of energy. And we're going to end up having the lowest energy anywhere in the world. Oil is the biggest thing. I wanted to ask you this because you've done such amazing work, particularly on how the Strategic Petroleum Reserve, commercial inventories, the dramatic draws we've seen.

1:11:33What are your sources telling you about kind of the direction of gas prices of oil market in general going forward? Well, Phil, it looks like we're in a much better place than we were just a week or two ago. Oil futures have plunged. Gas prices still way higher than before the war. But they've also come down pretty dramatically, right? 403 is the national average. That's down from 456 a gallon. There's a lot of optimism about the Strader Hormuz reopening rapidly. However, what's really important to remember is it takes time to clean up this mess, right? The vessels, these super tankers coming out of the Strader Hormuz, they're moving at the speed of a bicycle.

1:12:06So that means that deliveries that are coming out of the Strader Hormuz today, they're not going to hit the U.S. for a month or more. So I don't think we're quite out of the woods just yet. All right. Matt Egan, thank you for the statement down at D.C. Appreciate you, my friend. Well, Algeria's national team came to the U.S. with hopes of a World Cup victory. But along the way, they're forming a new community with a town in Kansas that has spent months preparing for their arrival. That's next.

1:12:34World Cup celebrations are spreading far beyond the stadium. Shows of spirit pouring into streets, subways, city squares, across host cities. From Boston to Atlanta to Houston, fans are turning match day into a full-blown cultural spectacle. Then there's Lawrence, Kansas, which is embracing Algeria as the team stays there, with the local community warmly welcoming them throughout the tournament. Take a look. People have asked us a lot lately, why have you embraced the Algerians so much? How has that been going? And really, we've been planning, like everyone, been playing for this for a long time.

1:13:10And our decision when we decided to bring a World Cup team and get lucky enough to be selected was we were going to make everyone feel at home. Whatever country it was, we wanted to make them authentically welcome. And it's been really easy because the Algerians have reciprocated that. They have brought their warmth. They have brought their energy. They have brought their excitement. And they've come to Lawrence and we've embraced them and they've embraced us. And joining me now is Lawrence Mayer, Brad Finkel-Dye. I appreciate you joining me. The band video was like the first of what has become just an absolute tsunami of amazing content.

1:13:47related to the welcoming of these teams, these communities, these visitors. I'm interested in what surprised you. You guys were clearly prepared for this. You've been planning for this. Has anything surprised you about this experience? You know, what surprised me the most is really how our citizens have really embraced this more than we even expected. We had all sorts of plans in place, but we did not have a plan for people to show up and line the streets at 10 o 'clock at night when the buses came in. That was all authentic. And then I would say just how the Algerians and their fans have embraced us.

1:14:26I mean, again, not surprised by that, but really enjoying that reciprocal feelings together. Why do you think the Lawrence community has taken to the Algerian team like they have? Well, you know, the city of Lawrence, our mission statement, is a place where everybody enjoys life and feels at home. And so our goal is to make everyone feel at home, be it our citizens, be it our guests. And so we put that out for them. We wanted to welcome them and they just reciprocated. It has been awesome to experience. Yeah, you've mentioned the reciprocation. I've read some stuff about that as well. Like tell people about that, like how they've kind of given back or really kind of joined into the community aspect since they've been there.

1:15:10Yeah, their joy and their energy is so exciting. They're teaching us their chants, teaching us their music, dancing with us, introducing us to their culture, joining our parties like we want them to do on the street. We had a big watch party last night, and it was filled with Algerian fans, and we learned a lot from them. You know, as the home of the University of Kansas, we know something about sports. We know something about chance. We know something about cheering. We might not know as much about soccer, but we know how to join in with true fans and enjoy the moment. Yeah. Anybody who's seen a Kansas basketball game, you guys know about cheering and chants and being being very, very loud.

1:15:52So tell me, like, how closely are you like? Are you watching everything they're doing? Like, are you now all in full blown Algeria go Algeria World Cup? That's right. We are all in. We had a venue last night that was standing room only for folks watching the game. And many folks, including me, don't watch a lot of soccer before this, but we're all in now. And the result last night wasn't quite what we hoped, but a couple more games to go and we're confident Algeria will move on to the round of 32. Real quick, because we're running out of time. Why are people surprised by the response? Like it feels like a very like Midwest Kansas thing to have happened to me.

1:16:38You know, I think, you know, we're in a time in this world where maybe not not everyone's getting along where there's a lot of divisiveness. So to me, anytime you have a story in which people are unifying people from different cultures, people with different beliefs are unifying. I think that's a story everyone wants to get behind. And frankly, something we need more of in the world. Couldn't agree more. It's a great story. Mayor Brad Finkel-Dye, really appreciate your time. Thanks so much. Thank you. And I hope you'll join me for my new video series, CNN Breaks It Down. We're tackling the most pressing questions in business and politics.

1:17:13You can find the episodes on CNN.com slash watch. If you ever miss an episode of The Lead, you can watch the show on the CNN app. Remember that out front starts now.

1:17:26From the descendants of history makers involved in the Louisiana Purchase to the Lewis and Clark Expedition, discover the untold stories of American expansion in the CNN original series, This Land. Now streaming on the CNN app.