after banking shares saw sharp falls on monday. the sell off continued in asia with japan s largest banks also seeing heavy losses. shares of mufg, miz uho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around %90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who s an international investment banker, founding partner at brigg macadam. talk to me about the perception of rate rises being not only part of the cause of this but also now the federal reserve having a rethink about what it does for the cost of borrowing given what we have seen in the banking sector. great borrowing given what we have seen in the banking sector. t
welcome back to the cnn newsroom. i m jim acosta in washington. just minutes from now former president donald trump will be less than ten miles from the u.s. capitol, addressing a crowd of his adoring supporters as for all intents and purposes the front-runner for the 2024 gop nomination. despite his efforts to overturn the 2020 election, trump has been loading in several polls of republican voters as he delivers the keynote address at the annual cpac gathering later on this afternoon, even though other gop contenders are warning the party to move on from trump. his maga faithful have come to dominate the republicans long-time event. at any moment they will release the results of their straw poll. trump has won the last two with florida governor ron desantis coming in second. both times desantis has not formally announced for 2024 and is skipping this gathering. kristen holmes joins us from cpac where they re gathering in maryland just outside the nation s capital. kristen,
morning, mr. george. we have pictures of people snorting, shooting up in this parking lot after coming out of your clinic. i mean, what do you have to say about what s going on here? i don t believe you re right. that s all you have to say? after our story, then they moved. we followed them. every place that they had, we found them. you run, but you can t hide. be careful, there s a van across the street. yeah, it s probably carmel. i don t want to go there. i don t want to be on camera. should i change my clothes and put a mask on and go flash and dash? nah, unless you have a slingshot. shoot out some of the windows. you want me to do that? i took pride in the fact that they were worried about us. yeah, i heard you. ma am, we just want to know why all of these people have to drive thousands of miles to see your doctor. hello? that dumb bitch is here. who? that lady, that video camera lady is here. get out of here. eventually, we were in
backdoor man. but you know you might be dangerous, too, according to the fbi. and you don t even have to be an angry parent at a school board meeting. you just have to use words. yeah, turns out new fbi documents released this week through a toy i can t request reveal the bureau uses internets slang to seek out violent extremism on line odd terms linked to racially violent extremism. words like based larping and red pill. remains in terms that could be used in a con that don t in racist views. based is someone converted to racist ideology. so they must be keeping a close eye on joy reed right? doesn t based mean you re based in facts? you re grounded in logic not wokeness? perhaps that s why it s being targeted. then you have larping which stands for live action role play. you know those words that dress up as knights and wizards until a jock walking through the park stuffs them in a trash can? the fbi says larping is a term used by extremist to accuse others as not being as
it s been a long time coming. a manhattan grand jury votes to indict donald trump, making him the first former president ever charged with a crime. there is no crime it s a bad act. i ll speak to cy vance who first opened this litigation this is legal voodoo. the gop, rallies to his defense before knowing the specifics of the actual criminal charges he s facing. this is nothing short of a political prosecution. will the twice-impeached former president continue to be seen as a positive force inside the gop? politically it s a it s going to be damaging, i think, to the republican party. and what will this indictment do to our already divided politics i ll talk to leading as the march madness tournament comes to a close i ll talk centrist joe manchin of west virginia and pay to play. as the march madness tournament comes to a close, i ll talk to ncaa president of former republican governor of massachusetts charlie baker on the challenge of how to pay c