i am stephanie ruhle. welcome to a special monday night, our state of the union preview. there is now less than 24 hours before president biden s big speech at 9 pm eastern tomorrow. this will be his first state of the union before congress. one with the republican house majority. it comes two years into biden s first term, and late today, the president hinting at what they were telling the nation tonight. i want to talk to the american people about the state of affairs, what s going on. i want to say what i m looking forward to working on from this point on, what we ve done, and just have a conversation with the american people. with that, let s get smarter with the help of the insiders. former white house press secretary and msnbc host, jen psaki, and former chief smoke and host of symone on msnbc and peacock. michael steele, the only person at the table without a show here, we might want to talk. they ve been going to let you go first. jen, you re part of this admi
president hinting at what they were telling the nation tonight. i want to talk to the american people about the state of affairs, what s going on. i want to say what i m looking forward to working on from this point on, what we ve done, and just have a conversation with the american people. with that, let s get smarter with the help of the insiders. former white house press secretary and msnbc host, jen psaki, and former chief smoke and host of symone on msnbc and peacock. michael steele, the only person at the table without a show here, we might want to talk. they ve been going to let you go first. jen, you re part of this administration. tomorrow night comes at a pivotal moment in president biden s presidency, what does he have to tell the american people? what people are going to get tomorrow night s big, progressive, fold joe biden. what does that mean? it means they know that one of the biggest challenges right now is that they ve done a lot of stuff, accom
good evening. tonight, the latest on banking system troubles that appeared to be easing yesterday but came rumbling back this morning. deeper trouble than previously thought. then, kim news that two tragic credit rating firms had downgraded. markets plunging this morning, and that they gained back some ground by the close, the still ended the day down significantly. shares of regional banks, including first republic, were down sharply, and first republics case by more than 21%. big banks that are tightly regulated also took a hit, with citigroup shares more than 5%. good morning the moment on what this means to market economy, your money christine romans will be with me for that. first, we re joined by vermont senator bernie sanders, who chairs the senate labor and pension committee. so sanders, how much confidence you have in the banking system right now? should people what should be worried about their bank in their savings? i think we re all concerned about w
they need to know ifions biden s gross negligence left america s top-secret information exposed in at least five unsecured locations. every member of theat o committee, regardless of democrat or r republican were unanimous in this position that were left in limbo until somehow a special counsel says it s oka for us to get briefed. it s not going to stand. texas ataturk ted cruz for his calls on hearing of what exactly is in the documents. amid new questions about the so-called biden records, that is 1850 boxes of records that joe biden donated to the university of delaware.g th why is the university withholding the gift agreement at the mystery funder of maintaining those documents. did the money come from china after the ccp said $50 million plus to the university of pennsylvania and able to get pen to lobby for the china com initiative investigation to get shut down as oversight committee james comer told m e recently. we now learn that the university of penn successf
bring down inflation or ease up on the fight to calm the banking sector. downplayed the federal reserve through all of this. we started out the sa santa clas by bringing zero interest rates which pushed people out of saved investments into venture capital. they became the arsenate dome arsenate during covid m no one would loan it to us the $5 trilf thin air and that caused inflation. but don t worry, they came in as the firefighters to put the fire out by dousing it with high interest rates. now, they are like the triage doctor to stabilize the patients, which are the banks. ashley: alexandria hoff with more from washington, alex. good morning, the federal reserve is in a tricky spot with rising consumer prices being revealed today. it has led to a rate hike but giving the turmoil the interest rates have caused the fight against inflation may have to be placed on hold. it was an attempt by silicon valley to lower interest rate risk which led to selling off securities we