Circumstances here require the appointment of a special counsel for this matter. This Appointment Underscores for the public the departments commitment to both independence and accountability and particularly sensitive matters. And to making decisions indisputably guided only by the facts and the law. Lets bring in Wall Street Journal columnist Dan Henninger and kim strassel do you think Merrick Garland had a choice here or was he boxed in and really had to appoint a special council or is he just trying to build in some political insulation here for the hard choices that may come . Well i would say all of the above, paul. [laughter] for sure. I mean, really consider that one week ago today, we were all sitting here discussing that fiasco of Kevin Mccarthy House Speakership Roll Forward nearly one week we have a spectacle of a special council appointed to investigate the sitting president of the United States after one has already been appointed a special council to investigate the form
and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of venture capi
rate and imposing a 25% minimum tax on wealthy americans. here with a look at the coming showdown in congress our wall street journal columnists khan henninger and mary anastasia o grady and editorial board member kyle peterson. so, dan, i couldn t help but notice that the new york times this week portrayed the president s budget as moving to the center. is that how you see it? [laughter] whoa. well, it may be where the new york times describes the center. no, that budget moves smartly to the left. i mean, senator elizabeth warren was beside herself over all the tax increases on the wealthy. she just thought it was great. you know, this is really a peter pan judgment, paul. you just spread pixie dust everywhere, and the economy takes off. we could make fun of it, we say it s not going to happen because of the republican house. i could make a couple points about in this. one, if perchance, this is a campaign speech concern a campaign budget, there s no question about it, a
he also told our aishah hasnie serving u.s. troops is on the table if china invades taiwan. reporter: so, speaker mccarthy and yourself have said that multiple times, that we need to arm taiwan now. what about u.s. troops? i think, you know, then you re talking about an authorized use of military portion that would come out of my committee or a declaration of war which we haven t utilized since world war ii. reporter: would you support that? i think if communist china invades taiwan, i think that is certainly the american people support this, the congress will follow. sean: this visit came days after house speaker kevin mccarthy is other lawmakers meant with taiwan s leader at the ronald reagan presidential library in california. mccarthy says the country s support for taiwan is resolute and unwavering. house china committee chairman mike gallagher said moments a after the meeting that washington shouldn t be scared to have these kind of meetings. some who fail to l
after another judge rules in favor of the pill will the supreme court decide the issue? is there a mole in the pentagon the race to find out who may be leaking top-secret intelligence the department of justice and pentagon now investigating. it puts ourselves at risk. it puts our allies at risk. china s major escalation, launching massive military drills off taiwan s coast just as u.s. lawmakers visit the island our correspondent is there. gunfire at the beach. six people shot, most of them teenagers enjoying a senior skip day. video shows the chaotic moments shots were fired. terrifying new footage of trees falling at the masters. are these the luckiest people on earth? watch as three trees just barely miss them. bam, trees are falling on the ground. why play was halted again today. and the need for speed. the new push across the country to raise the speed limits how fast is too fast announcer: this is nbc nightly news with jose diaz-balart. good even