oscars the movie making history on hollywood s biggest night. announcer: this is nbc nightly news with lester holt good evening, everyone president biden was up early in front of the cameras before the markets opened this morning in a move to calm jitters following a pair of bank collapses. mr. biden declaring the banking system is safe and telling customers your deposits will be there when you need them new york s signature bank following silicon valley bank down the road to collapse over the weekend. those banks are tonight in the hands of regulators. in addition to telling folks their money is safe, the president today called on congress and banking regulators to strengthen banking rules to prevent such failures in the future the government reassurance appeared to go a long way toward easing nerves on wall street however, concerns remain over whether it s all over. nbc s jake ward has much more. reporter: with two u.s. banks being forced into closure in recent days
loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o stood their business in many c
the trump era banking law that loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o
without power and commuters facing a travel nightmare. i think people thought that w winter was going to be done and over with and now we re getting hit. this is new england it is about time well, on the west, more catastrophic flooding in the forecast in the wake of weeks of unrelenting rain thousands now under evacuation orders, rescue teams already deployed to save people trapped in those deadly floodwaters. we re timing out both of these systems. and the gloves are off former president trump in iowa taking direct aim at his biggest competition for the gop ticket, florida governor ron desantis. ron was a disciple of paul ryan, who is a rino loser. how the crowd responded to that and why it may not be what the former president wanted to hear we re going to begin with the latest fallout from the collapse of silicon valley bank and the new inflation numbers out this morning. starting us off, jake ward in san francisco. our business and data reporter brian cheung
remember the wheelchair over the cliff? democrats used it. the wheelchair over the cliff commercial, very effective that was about him ryan, paul ryan is a bit reason mitt romney i m not a big fan of mitt romney lost his election to be honest with you, ron reminds me a lot of mitt romney. so i don t think you re going to be doing so well here, but we re going to find out. but those are the facts. oh, if ron only reminded us of mitt romney, i think a lot of people would be less worried there s donald trump doing what democrats love to see donald trump doing. shredding the republican party attacking the republican party tearing to pieces the republican party. it s not enough that he led to their te defeats in 2017, 2018, 2019, 2020, 2021, 2022 now, he s determined to do it in 2024 going after republicans and creating a civil war that was just part of donald trump s rant about ron desantis last night in iowa the former president had a lot to say yesterday about the florida