let s start in the us where some of the worlds leading money managers are warning the collapse of another american bank could lead to a credit crunch and an economic slowdown. constrained lending as a result of stricter banking regulation could stifle credit to the us economy at a critical time. we ll get an expert view on this in a moment but first here s my colleague samira hussain on the collapse of first republic. as of monday, first republic customers turning up at their bank are in fact customers ofjp morgan chase. the signs above will soon change. first republic had been under pressure since the collapse of silicon valley bank and signature bank two months earlier. last week, first republic revealed deposited had removed $100 million in the space of a few months. customers feared their money was not safe. investors became convinced that it too was about to fail. riding to the rescue of america s distressed financial system, the boss of america s biggest bank, jamie dim
and former legal adviser to michael cohen is expected to testify that cohen is not the guy you want to rely on. a source familiar with jonathan dienst says costello is prepared to say that cohen is a liar, a convicted perjure, an embellisher who s out for revenge, that he s furious with donald trump and blames him for all of his troubles, that the hush money payments were made because cohen felt it was important to keep the stormy daniels matter a secret from melania trump in order to protect their marriage. we are keeping an eye on that courtroom in case costello comes out to speak with reporters, he could. we re also watching for michael cohen who says he s been asked to rebut costello to the grand jury if need be. here s some of what cohen would likely say from his own attorney who just spoke with wnbc. donald trump must be treated like any other citizen, and there aren t two systems of justice. no person is above the law. that s what we re facing now. we have indisputab
president mike pence have both said that the possible arrest is politically motivated. nate foy live with the latest, hello, nate. nate: posted on truth social. he claims those doj prosecutors are actually leading this effort against him and you mentioned today many republicans even trump s former vice president are voicing opposition to expected charges. trump s campaign put out a statement saying this isn t a prosecution, it s a persecution. the former president made his first public appearance since announcing expected arrest at the ncaa wrestling championship in tulsa, oklahoma, the crowd cheered him on as he walked in. president trump calls witch hunt and, of course, trump is a front runner in republican primary, former director of national intelligence tells morning future this is political. someone said we will not prosecute armed robberies in this office and now saying he will prosecute a misdemeanor offense against opposition political opponent, former president of
minutes every year to how much time she needs to spend on me but i strongly recommend more than two minutes in the makeup room. yes. i, mean i need a lot more minutes with every passing year. i am eventually gonna need them to start with the snowplow when they start. seeing them react under pressure to how we have not prepared for this at, all we had no idea, will pull it together it really is plenty in their hands. we work with very, very amazing people and working on the stress makes them value the. more congress not here tonight because she had to run off but i mean i could go on with, this it is like watching a sergeant at work and rushing is not supposed to be part of surgery except emergency surgery, obviously. we saw just give her an extra minute. someday, lawrence you and i we will get together and we will do a horror franchise where we show people what we look like. no, we want. no we won t. nope. not going to do that. nope. and we ll have it radar. nop
word with the great lawrence o donnell. good evening hey there when i heard elizabeth warren say that she want banking to be boring, i, thought mission accomplished my entire life i hav considered those two words hav always gotten together banking and warren until one of them fails. and so, here we are. you are either a person who is excited by the movement o money, or you are lulled t sleep by it i, mean yeah. i took a lot of economics in college, and definitely put in my hours in terms of learnin it but i can t say enough or move me or gave me feelings that said, on days like this you need somebody like elizabeth warren somebody like katie porter, wh was on here earlier, to both explain what is going on but also pointed a finger at the people who did it wrong, here. who brought us to drama like we ve had in the past fe years. yes jen psaki is going to join u later in the hour. because there is nothing quite like - well there are things, like bu bank failure is one of