These are the headlines you Need 2 Know.
* **Two Killed in Florida Shooting:**
A 24-year-old gunman opened fire Sunday at a Madden video game competition in Florida, killing two and injuring 11 before turning the gun on himself. The shooter, David Katz, won the tournament in 2017 under the pseudonym "Bread." Police still haven’t determined a motive. For the latest [click here](https://www.cnn.com/2018/08/26/us/jacksonville-madden-shooting/index.html).
* **Remembering McCain:**
The late Arizona Senator died from cancer on Sunday. He was 81. The former Vietnam vet, prisoner of war, and six-term Republican senator was known for collaborating with lawmakers on both sides of the aisle. Here's how Republicans and Democrats are [remembering the former presidential candidate](http://www.time.com/5377616/john-mccain-political-tributes/).
* **Pope Francis Accused of Covering Up Abuse:**
According to an explicit, 11-page letter published Sunday, Pope Francis knew about sex abuse allegations made against ex-Cardinal McCarrick for years. The letter, penned by the Vatican’s former ambassador to the U.S., calls for the Pope's resignation and said he covered up the abuse and even elevated McCarrick's status.
[Read the latest, here](https://www.nbcnews.com/news/world/explosive-letter-claims-pope-francis-helped-cover-cardinal-mccarick-sex-n903936).
* **Hurricane Lane Flooding Ahead:**
The storm drenched Hawaii with more than 46 inches of rain last week, and officials say the worst is over. But Lane is now considered a tropical storm, and forecasters warn that serious flooding is a real possibility. For the latest [click here](https://www.newsweek.com/hurricane-lane-latest-hawaii-storm-warnings-lifted-flooding-still-major-1090945).
Cheddar's Jill Wagner gets into the latest.
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The Hill's White House Correspondent Alex Gangitano joined Wake Up With Cheddar to break down the deterioration of Senator Manchin and President Biden's relationship, as the White House calls out the West Virginia lawmaker for "breaching his commitments to the President."
Airline executives faced tough questions from a Senate panel on Wednesday after receiving a $54 billion dollar Covid-19 government lifeline. Congress approved the fund in three rounds covering much of US airlines’ payroll costs for 18 months. During the hearing lawmakers asked CEO’s how they used the federal bailout funds, about staffing issues, flight cancellations, and delays. U.S. airlines reported a record $35 billion dollar loss last year when travel came to an abrupt halt because of the pandemic. Michael Boyd, CEO at the Boyd Group International explains why customers may not be returning to the skies quite so soon.
Senior Global Market Strategist at Wells Fargo Investment Institute Scott Wren joined Wake Up With Cheddar to recap the central bank's policy change, and how it may impact the economy moving forward.
Carlo's joined by a quarantining Baker to discuss the headlines from the weekend as Omicron spreads like wildfire, Manchin kills Biden's signature bill and Spider-Man throws a lifeline to the box office.
President Joe Biden is pledging to do “whatever it takes, as long as it takes” to help Kentucky and other states recover and rebuild after a series of deadly tornadoes that he says left a trail of unimaginable devastation.
The Federal Reserve has nixed the controversial word "transitory" to describe inflation in its latest policy statement. The change in language comes as the Fed plans to speed up its tapering of monthly asset purchases.
