next question at white house correspondent peter doocy is traveling with the president. good evening, peter. good evening, president biden helping to prevent a run on the banks by signaling to consumers that wealthy banking negatives are out of luck but every day folks with money in bank accounts can be guaranteed their money is safe. they are very careful to avoid using the b-word, bailout. see you in california. the plan to talk about training sailors to work out of a new joint nuclear sub base in australia to counter threats in the indo-pacific. these subs indo-pacific. the subs are powered, not nuclear armed subs, nuclear power, not nuclear armed. the president s trip not the biggest story, that s the collapse of the silicon valley bank. your deposits will be there when you need them. they will come to the deposit insurance fund. no losses will be borne by the taxpayers. job losses are coming for those president believes that took advantage of regulati
could spread. when banks experience govern to take it over so quickly and financial losses, it is around should be a gnatter of concern why did the government have to take it over so quickly and are other banks at risk. i ll ask sheila bair, the former chair of the fdic about the last banking crisis. legal troubles. donald trump faces potential criminal charges in new york where he s been invited to testify before the grand jury this week. our country has become the investigation capital of the world. while his biggest challenger visits iowa for the first time. we will never, ever surrender to the woke mob. will the republican primary voters even care if trump is indicted and the art of deception house speaker kevin mccarthy hands over january 6th footage to tucker carlson who claims the insurrection was mostly peaceful and it serves to divide republicans on capitol hill. i think it s bull [ bleep ]. bob menendez of new jersey, , senator and chairman o
coast of san diego we ll bring you lat itest. and former president trump heads back to iowa today. and amid the glitz and glam, a look at some of the historic wins during hollywood s biggest night. i cannot believe it s happening to me. this, this is the american dream. we begin this morning with the federal government rushing to prevent a wide scale banking crisis after two of the country s largest banks collapsed over the weekend marking the biggest bank failure since the 2008 financial crisis. today the fdic, the federal reserve, and the trash ri department are taking emergency measures to ensure depositors at silicon bank and signature bank will be able to access their money. this morning president biden insisted u.s. banking system is safe and no losses, he said, will be borne by the taxpayer. over the past few days, americans with deposits in these banks can rest assured they ll be protected and they ll have access to their money as of today. because of the ac
here in new york by all appearances it looks like da alvin brag is wrapping up his investigation into potential hush money payments before the 2016 election. and there is a chance that criminal charges could be filed against donald trump a chance his former attorney, michael cohen, who served time for violating campaign finance rules when he paid porn star stormy daniels $130,000 to keep quiet about the affair she said she has with donald trump is testifying before a grand jury as we speak. michael cohen is he said that donald trump knew what he was paying for and knew that michael cohen, his lawyer, was doing it on his behalf we ll get into the evidence he could be presenting to the jury in a moment. we also have an answer from donald trump s lawyers about whether he, donald trump, will accept his own invitation from da alvin bragg to also sit for the grand jury. we have no plans on participating in that proceeding it s a decision that needs to be made still, no deadline h
the president says everything is under control. will that convince average americans? and why didn t anyone see this coming plus, roughly 17 million people facing flood watches today. the vast majority of them where flooding has already wreaked havoc in parts of california the atmospheric referring dropping another half foot of rain and compounding misery for towns under water. will donald trump s future be decided on the campaign trail or in the courtroom. the former president heads to iowa as his former fixer, michael, cohen, heads into a meeting with a new york grand jury we start with the question americans all over the country are asking, is my money safe the federal reserve and the president himself telling them the answer is yes. right now the dow is roughly flat following the collapse of two banks in recent days with several others suddenly on shaky ground in fact, some regional banks have lost 60, 70, even 80% of their value. carol lee is covering the white hou