state of emergency as intense storms hammer the golden state. we can t live like this. atmospheric rivers washing out roads and bridges leaving people trapped in their mee joi management director from one of the hardest hit counties. the economy still red hot notching another strong jobs report. we ll tell you where the job gains are and why this complicates the fight to tame inflation. all the money is in the bank. i don t know what we re going to do now. reporter: a capital crisis, a stunning free fall leading to the second largest collapse of a financial institution in u.s. history. could there be a domino effect and what does this mean for those with accounts at svb? i think it was an overreaction to the destruction of property. large rocks, your only intent is to harm. police and protesters clashing over a controversial police training facility near atlanta. how things turned violent and why tensions remain high this weekend. can you feel that? it s the
what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. erica
carter receiving hospice care in his georgia home after a series of health battles. the former peanut farmer turned u.s. president is 98 years old. carter s four years in office from 1977 to 1981 are only part of his incredible story. for decades he s been a champion for world peace eventually winning the nobel peace prize in 2002. isabella rosales is in his hometown. is there any indication of how the former president is doing today? reporter: paula, the family is requesting privacy so we re not really getting an indication as to the extent of his health condition. we have a statement from the carter center which he founded. here is a statement. quote, after a vears of short hospital stays former u.s. president jimmy carter decided to spend his remaining time at home with his family and receive hospice care instead of additional medical intervention. he has the full support of his family and his medical team. that s as far as we know right now about his health condition. l
james: a shooter opens fire at a chrch in germany, killing and injuring multiple people. authorities are searching for a motive. russia has unleashed a new and deadly air assault across ukraine. little was spared, and lives were lost, as millions more were plunged into the cold. james: top republican senator mitch mcconnell in the hospital tonight with a concussion after taking a fall. still loose. doherty to heave. oh, my god! james: and premarch madness magic. impossible, but serena doherty has done it. james: good evening to our viewers in the west, and thank you for joining us. i am james brown, in for norah. tonight, a look at smart glass, the new technology that could save you money on your energy bills and help the planet. plus, honoring abolitionist harriet tubman with a new monument, part of an effort to remember those who have previously been denied recognition. but first, yet another norfolk southern train has derailed, this time in
jokes with him alongside a budget proposal while he was in philadelphia yesterday. his plan has little chance of passing the republican-controlled house, making this more about campaign messaging than the actual numbers. meanwhile, there are significant developments this morning out of the manhattan d.a. s office that signal criminal charges could be coming for donald trump. we ll get into the details of why. also ahead, a lackluster debut for the subcommittee on so-called weaponization of the federal government has some republicans frustrated now with congressman jim jor t jordan an game plan. we ll be joined by the writer of the piece in a moment. good morning to morning joe. we have jonathan lemire. pulitzer prize winning columnist at the washington post, eugene washington. and special correspondent for bbc news, the great katty kay. good morning to you all. as i mentioned, we re going to begin with the new york times report that the manhattan district attorney