california. as the storm battered state endures another round of heavy rain and flooding. donald trump facing new legal woes, the former u.s. president weighing whether to testify before a grand jury about his alleged role in a hush money scheme. plus a major step for the mideast as iran and saudi arabia establish a deal to restore diplomatic ties, the surprise agreement helped along by beijing. i ll break down what it all means. we begin in california where at least two people have died in massive storms hitting the state. the result of yet another atmospheric river. nearly 10,000 residents are under evacuation orders shelters set up to help those forced out because of intense flooding. more than 40,000 homes and businesses are without power. the central coast has been the hardest hit with creeks turned into raging rivers and roads washing out, stranding thousands. the worst is now expected to impact the foothills of the central and southern see as. all of this led the weath
stormy daniels that s believed to be a precursor to an indictment. they re required by law to be notified and invited to appear before a grand jury. if charged, trump would be the first former president to be indicted, but would it slow his current presidential quest? i say not a chance, at least not based on this case alone. any charges here would stem from the $130,000 in payments made to daniels during the 2016 campaign. apparently she had been ready to share her story of an affair with trump, but the publisher was a trump friend, who instead helped broker a deal with michael cohen, in which she was paid for silence. i ve thought it was the weakest of the trump investigations which generally fall into four buckets. first, the events of january 6th. second, the mishandling of government documents. third, the fulton county da investigation, including the phone call to brad raffensperger. fourth, this, the stormy daniels hush money. merrick garland appointed jack smith to loo
legal adviser to trump attorney michael cohen is expected to testify before a new york grand jury and michael cohen has said he s been called as a potential rebuttal witness to costello. that grand jury could issue an indictment or indictments against former president donald trump any day now and trump has called for protests if that happens. we are outside the new york city courthouse watching for the arrival of witnesses this morning. plus, we re also keeping a very close eye on u.s. markets this hour, futures in the green, that s a good thing, but this is after switzerland s largest bank scooped up its rival credit suisse in an emergency rescue deal. plus chinese president xi jinping in moscow at this hour, set to meet with russian president vladimir putin. a closer look at what that means as putin is facing an international arrest warrant for alleged war crimes. we will get to all of that but we begin this hour with kara scannell who is outside the courthouse here i
state of our economy. good evening. the day started well enough for biden with a jobs report showing the u.s. economy adding 311,000 jobs last month. we created more jobs in two years than any administration created in the first four years. it s no accident. it mean our economic plan is working. but that good news was quickly overtaken by bad news that could get a lot worse. thank you. thank you. silicon valley bank may not be a house hold name. but it is a very big deal in term of lending to and financing operations of many leading tech companies. and today, it collapsed. struggling with high interest rates, unable to find a buyer. well, the very last time we ve seen a bank of this magnitude fell was in 2008. and, that could be a true indication of where our economy is at. now, the white house insists comparisons with the financial crisis of 2008 are overblown. our banking system is fundamentally different because of the changes that we put in place in 2008.
president biden is trying to play it off. do you have an idea about all of the money that your family acquired, sir? hunter hunter biden s business associates in over $100 million? that is not true. jesse: nice try, but we have the receipts that the first man got a million in cold hard china cash, and hunter says he had every right to pursue the money as he tries to call malarkey, some in the liberal media admitting this is a big deal. there is a guy whose name is john robinson walker and gets $3 million from a chinese based company and wires it out to a bunch of people named by then, one is hunter biden, one belongs to the president s brother james biden, and another amount of money to bow biden s widow, so from a layperson that does not look good. jesse: we can thank james comer for the bombshell revelation, and he says that the the biden family may have made as many as 11 with chinese companies, telling americans to stay tuned. the white house has not been tr