payment made to adult film star stormy daniels before the election. these developments come as trump is calling for mass protests, claiming he expects to be arrested tuesday over the alleged payment to daniels case. in a statement on social media, he urged his supporters to, quote, protest, take our nation back. trump dialed up the rhetoric with a follow-up post saying, quoting now, we just can t allow this anymore, we must save america, protest, protest, protest. the posts are alarmingly similar to his calls prior to january 6, 2021 and have new york officials bracing for whatever may happen. fw gloria, what more do we know about preparations for the week? behind me is a new york criminal court with are on any given day hundreds are processed through the system. next week former president trump could be one of those people creating a security and logistical problem for one of the most congested areas of the city. law enforcement agencies, everyone from the nypd to federal
right now on andrea mitchell reports, domestic and foreign crises confronting the white house ahead of the president s anticipated re-election announcement coming soon markets tumbling a multibillion dollar loss sparking uncertainty over a tough interest rate decision this hour, collision the u.s. and russia have their first physical contact off the crimean peninsula since the war began. this hazardous episode is a part of a pattern of aggressive and risky and unsafe actions by russian pilots in international airspace i will speak with ned price about what happened when the department called the russian ambassador on the carpet and other hot topics during his two years at the podium. planned parenthood ceo and texas native cecile davis joins me good day i m andrea mitchell in washington following breaking news on wall street. u.s. and european markets plunging on news that massive global lender credit suisse has been cut off by saudi investors after reporting an $
you know, rumblings leading into the weekend of how is the banking industry? rest assured everything s okay. but now you ve got this gigantic global bank that just got a giant rescue. so what is going on with all of these banks, american or global? you point out even the isolated systems. the global banking system has been better since 2007-2008. here s the problem. we live in this world where you see a silicon valley bank have a high rate of deposits, couldn t cover them because of the bond interest rates. this problem is not interconnected. they were already having problems anyway, credit suisse already doing that. so when we start doing that, the trust from consumers asking questions about banks. should they be taking their money? and the risks that many people on executive teams come up with,
steve leaseman joining me now. all this is putting the trouble signs encore inflation from yesterday, complicating the fed s decision making for next week right? yeah. it s tremendously complicated right now. we had fairly robust inflation numbers earlier this week. that was job number one or enemy number one at the fed. it was clear what they had to do in context if they are just looking at inflation now you have this fairly substantial downdraft in the stock market, decline in bond interest rates rising concern volatility and instability in the financial system all of those things, put them on one side and to the other side of inflation, all of those other things tell the fed they probably should not be hiking next week. my best guess is that what they will probably do is be more
decidedly so. on wall street, stock index futures are also down. it was a tough week on wall street. nasdaq shed 2.7%. its correction mode for tech for the recent high. it was the worst week for the dow since october 2020. the worst for the nasdaq and s&p since march 2020. remember then those were battle days. they were worried about bond interest rates, the fed reserve raising interest rates this year to fight inflation. and attention turns this week to the fed. no rate hike is expected this week when the central bank meets. instead, wall street is betting the first one comes in march, and some economists are expecting rapid rate increases after that. the recent blast of winter weather could mean record-high heating costs for some americans this year. the u.s. energy information agency says natural gas that s used to heat nearly half of all u.s. homes is 32% more expensive