off lies he s told if convicted. testing the waters, florida governor ron desantis trying out new lines in iowa for a very unofficial kickoff to his widely expected presidential run. the latest legal developments for his potential rival donald trump. what he s saying about the manhattan d.a. investigating hush money payments to stormy daniels. we re also watching now a stock selloff which has been accelerating in the past hour. investigators are spooked by the second biggest bank collapse in u.s. history. our nbc news reporters are covering all of the latest developments and we begin with the selloff on wall street this hour. nbc s seema mody is with us. what has investors so concerned about the collapse of the silicon valley bank? well, chris, svp is certainly the story of the hour on wall street as the bank has been shut down for the day by california regulators, this as the large institution in silicon valley with really broad reach across the technology industry has f
mirage. in biden s world, inflation is not at a four-decade high and 64% of americans are not living paycheck to paycheck. democrats are already cheering on the con job, chuck schumer s wetting himself with excitement. i think the president will do a very good job at selling the accomplishment. from what i hear there are like 40 million people to watch. it s not the super bowl but a heck of a lot of people. jesse: and general psaki thinks her old boss can seal the deal. people will get big, progressive, bold joe biden. he s done a lot of stuff, accomplished a lot of stuff, and nobody really knows about all those things. they can t make the speech about that, they know that. you can t do a list of all the things you ve done. people will tune out. they don t want to know about data. he needs to tell a story. joe biden is an amazing story teller. you sit in the oval office and karine can tell you and he can story tell for six hours. he needs to do that in the speech tonight
are tense again. thank you so much for joining us this morning. thanks to all of you for getting up way too early on this thursday morning. morning joe starts right now. a self-loathing has swept our country. joe and kamala even say america is racist. this is not about identity politics. i don t believe in that, and i don t believe in glass ceilings either. strong and proud, not weak and woke. that s the america i see. [ applause ] the only challenger so far to donald trump in the 2024 presidential race kicks off her campaign. during that speech, nikki haley took a dig at her former boss and president joe biden. we ll play for you those comments. also today, we ll get our first look at the pieces of the grand jury investigating the president s attempts to overturn the 2020 election results in georgia. plus, mike pence wants all the credit for doing the right thing on january 6th but doesn t want to talk about it under oath. we ll show you what he had to say abou
[ cheers and applause ] [ chanting nikki ] when i look to the future, i see america strong once more. we will end inflation and build an economy that works for all, just like we did in south carolina. [ cheers and applause ] in the america i see every child gets a world class education because every parent gets to pick their child s school. [ cheers and applause ] and no politician will be able to close those schools ever again. [ cheers and applause ] in the america i see police know we have their backs. [ cheers and applause ] and criminals know we have their number. [ cheers and applause ] and our states will be safe again. in the america i see we stop the surge of drugs and illegal immigration. that means having a real border and mandatory e-verify like we got done in south carolina. [ cheers and applause ] businesses must hire americans, not illegals. in the america i see everyone has full confidence in our elections. voter i.d. will be the law of the land, just like we
trillion could soon approach the size of the defense budget. let that sink in, neil. president biden is calling for more taxes on the rich. he speak recently in virginia beach. i want to make it clear, i m going to raise some taxes. any of you who are billionaires out there, you re going to stop paying 3%. not a joke. biden met with kevin mccarthy just once since he became speaker and with a debt of over $31 trillion, many republicans are concerned about potential cuts in national against, a time when the biden administration is arming ukrainian forces with billions in american weapons and with the threat from china increasing. the 2022 and 2023 defense budgets are 3% when the kennedy administration was spending 9% of u.s. gdp on defense, building up the arsenal which the pentagon says is aging and is needed upgrades to the tunes of billions ever dollars. and jfk cut taxes and shortly after his death. that was then. lucas thank you very much. i raised this issue with jo