you are in the cnn newsroom. i m paula reid in washington. jim acosta is off. a major move today in an attempt to halt a global banking crisis. switzerland s largest banking group ubs just agreed to buy its rival credit suisse in an emergency rescue bid. the purchase is aimed at halting investor panic brought on by two sudden u.s. bank failures this month. the deal comes after shares of the ailing bank lost 25% over the last week. even an emergency loan from the swiss national bank failed to stop the fallout. cnn reporter anna stewart will join us in just a moment, and cnn global economic analyst, rana foroohar joins us now. all right, rana, can you explain to us this deal? yeah, absolutely. so a little bit of con context. credit suisse has been a troubled bank for some time. so this, you know, this is a bank that over the last couple of years has had any number of crises. it s been considered weak in the marketplace. even late last year, it was having its own problems to
attorney over a $130,000 check to stormy daniels prosecutors call hush money. my next guest, former u.s. assistant attorney to the southern district in new york says this, andy mccarthy in national review. progressive prosecutorsal village brs, alvinbragg. we shouldn t lose sight that it s good for democratic political fortunes in the long run. andy, surprised we are at this point even though there is no confirmation of it? where do we go from here. it s not easy to be surprised because of all the reporting we have seen the last couple weeks and the d.a. seems to do the things you would do when you are serious about wrapping up a case. it hasn t happened yet, but i imagine early next week we ll see it. brian require understand you do not think much of this case. it took place in 201 in 2007, ae payments in 2011. alvin bralg walked away from this case. what happened? it hinges not only on the testimony of the porn star, stormy daniels who look, i think it s credible for
no bidders appear, the government said they are ready to step in and take it over. the morning i m david asman infra neil cavuto. this is cavuto live . we start with lucas tomlinson at the white house with some numbers as the president launches his reelection campaign. not a great mom as far as the numbers go. that s right, president biden low approval rating one of the reasons one and three democrats support somebody else for president in 2024, many republicans want this race focus on the economy. i don t want everyone every day and make it like my family to suffer as a result of poor policy. that s exactly what we see not a divided administration. they re not designed to help people, the economic policies of this administration are designed to track people. let s throw the pole number back on the screen eight in ten americans believe the economy is only fair or poor a number that hasn t changed much over the past five months. inflation is the problem we don t have to
[cheering and applauding] stupid but before we get to the nitty-gritty president bidee has a special messagsie for us,a day late but cut him some slacke happy valentines. make no mistake.mi i mean it. [laughs] come on man it s a true story. [applause] greg: yes. all right. well said. i, like that i just ate a bag of expired medications, but at least his heart is in the right place. wow, how lucky for him that every day is valentine s day and it certainly is for his wife dr. jill. talk about an oral examination. maybe she forgot her tongue depressor. then again, she is a doctor, but what is it with jill biden and other people spouses? they don t just keep it in the family to keep it in the second family. oh stop it. save your clapping from when it matters. back to the matter at hand, the latest joe biden scandal and it s not about hunter or his junk, it is about joe s brother jimbo and i hope to god it is nothing to do with his junk, i ve seen enough of the joe
does the act opposite. at least she did leave the balloon prop at home. also embarrassing herself, her bff kevin the speaker and the whole country, too. meanwhile in the republican response, sarah huckabee sanders does her version of carnage tying the party back to trump. also tonight, reaction to president biden s call for police reform as twisted new details emerge today about tyre nichols death after a vicious beating by memphis police. we begin tonight with a state of the union address for the books. when last night president biden achieved what kevin mccarthy could never do, which was uniting the room and getting republicans to jump to their seats in support of medicare and social security. yes, that happened. it was a master class, really, on outnegotiating republicans, pulled off by biden who sparred with a raucous crowd. no president added more to the national debt in any four years than my predecessor. they re the facts. check it out. check it out. some re