loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o stood their business in many c
the trump era banking law that loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o
south eastern parts of the uk but into this evening and overnight we will keep some showers coming in on the northerly breeze for a while, particularly across parts of northern england. scotland and northern ireland should see skies clearing, we make it clear skies across north west wales and england, so there could be a frost, may be as low as “4 in glasgow. across east midlands, yorkshire, east anglia and the south east, temperatures should be above freezing, enough cloud, enough breeze, but even here tomorrow we will find the breeze easing, the crowd breaking up and any showers won t last long at all and it should be a dry day for most of us with some spells of sunshine. we see more cloud and drizzle arriving at the far north west later in the day so 9 degrees here but elsewhere we are looking at highs around 6 8 c, near normalfor this time of the year. heading into the weekend that weather front is going to bring some rain down from the north west but it s running close
terrifying. i think they re terrifying. i think that when i saw these, i know they re fake. they have fake written all over them. but still, i had a visceral reaction to seeing them. there s something about seeing a former president. let me put up another one. here s another one. this is a this one is about donald trump. it shows him in the middle of a police. fake donald trump, of course, the middle of a police from his falling to the ground and gideon just seeing a former president. in this situation. i sort of viscerally felt sick, and i know it s fake. well this is you know, this is the latest issue of mid journey which is one of these ai image generators. my journey five and it is just leaps and bounds better than the ones that we have been seeing before. and so even though there are lots of ways in which if you look closely, you can spot that these images are fake. it s still the you know the training on trump s face. the ai does that well enough and expressions in the
reporter: the federal reserve just made history announcing that they re raising interest rates by 3/4 of a percentage point for the second meeting in a row. we haven t seen anything like that in back to back meetings in modern fed history, but we re not in nor times. we re dealing with the worst inflation inflation prices in 40 years. inflation remains elevated due in part to russia s invasion of ukraine and very high food and energy prices. so the fed is stepping in and acting like the firefighter. they re trying to put this inflation fire out. the goal here is to raise borrowing costs and try to cool off red hot demand, and that should hopefully allow supply a chance to catch up. but you know, officials also signaled that they re not nearly done with rate hikes. they said it would, quote, will be appropriate to continue raising interest rates. and here s the problem. they re raising rates into an economy that is already showing cracks here. in the new statement today, the