As today's show begins, President Trump says he's having a "lengthy conversation" with Vladimir Putin. Prior to getting on the horn with the Russian leader, Trump said he was prepared to give Putin an ultimatum: Hold serious peace talks or the US will give Ukraine Tomahawk long-range missiles with the capability to attack Moscow.

Also on today's show: Multiple sources are telling CNN the Justice Department will ask a federal grand jury today to indict former Trump National Security Advisor John Bolton. This would be the third indictment of the president's self-described political enemies in just three weeks.

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CNN Inside Politics: Trump Issues Ultimatum on Putin