this one is asked to appear in trump s defense as the grand jury makes a decision on whether to hand up an indictment. trump set off shockwaves by posting a prediction he would be indicted tomorrow and calling for protests against the new york d.a., law enforcement officials meeting today to prepare, just in case. also ahead, china s president arriving in moscow for his first visit since russia invaded ukraine, a three-day visit where vladimir putin hopes to strengthen ties and hopefully obtain aid for his failing ukraine invasion. we ll talk to ukraine s ambassador to the u.s. and nbc news s richard engel will join us live from baghdad with a view of how the country has changed on the 20th anniversary of the u.s. war in iraq. good day, everyone. i m andrea mitchell in washington. thanks for being with us. at the center of this investigation, alleged false filings about rush money payments by former trump legal adviser, michael cohen, to former adult film star stormy daniels
the deal has been done in switzerland and that takes the immediate crisis a little bit off the table in the swiss banking system. the bad news is that the way the deal was structured has created a lot of concern in the markets about whether the normal capital market rules are being upheld or not or whether it s basically a world where there s capricious government making policy essentially dominating things. in essence, the bond holders got wiped out but the equity holders got protected and that s unusual. so that s not good for investor confidence. the other problem is, of course, we ve still got this really big problem around first republic and question marks about the regional banks more widely in the u.s. and those concerns are unlikely to go away any time soon. as you say, it means that jay powell, the fed, is facing a really nasty situation this week with the fed interest rate decision. up until this point, the fed has been trying to balance growth and inflation, should they let