i will see you tomorrow. happening now, donald trump takes the stand in the civil seve defamation trial against him and what he said under oath and why the judge struck down his testimonies as they head into closing arguments. an unprecedented move to declare trump the presumptive gop presidential nominee siding with the former president and against his remaining opponent, nikki haley. i ll get reaction from the top haley supporters chris sununu. and breaking news, a record close on wall street after evidence of a booming u.s. economy with growth expectation and as he visits a key 2024 battle growth fund state and ramps up for his expected rematch with trump. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with donald trump on the witness stand testifying in one of the slew of court cases where the former president is now a defendant. cnn s kara scannell has our report. in an extra
in the key 2024 battle ground state of iowa. he has an event soon putting his presidential ambitions very much in the spotlight just days before donald trump campaigns in the state. this as trump has been invited to appear before a grand jury investigating his alleged role in covering up hush money payments to adult film star stormy daniels. the move signaling a decision whether to charge trump may happen soon. welcome to our viewers here in the united states and around the world. i m wolf f bblitzer. you re the situation room. we begin with a historic collapse of a california bank. u.s. stock prices sliding amid questions about whether this is an isolated case or a sign of things to come. cnn s chief white house correspondent phil mattingly is following the story for us along with mark and our own matt edgen matt, first to you, how serious is this bank collapse? reporter: stunning collapse. silicon valley bank may not be a household name but it has more than $200 bil
west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i m kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are performing right now. that is not all that is shaking up the economic picture this morning. we got the latest read of inflation. the government reporting that inflation fell for the eighth straight month in february. matt egan and john solomon joining us u no. matt egan to you, what are we seeing? we are seeing that the pressure is easing here, and the fact that the regional bank shares fell, an
there s too much of it. three weeks into the new year and already 33 mass shootings in the united states with the latest in california leaving ten people dead, new details on why this tragedy could have been even worse. plus president joe biden facing new criticism from within his own party. to think that any of them ended up in boxes in storage one place or the other is just unacceptable. the fallout continues to grow over the fbi s discovery of more classified documents at the president s delaware home. and germany signals a change of heart when it comes to other countries sending this type of tank to ukraine. details in a live report. announcer: live from cnn center, this is cnn newsroom with rosemary church. thanks for being with us. well, the community of monterey park in california should be celebrating the lunar new year, but instead it s reeling from a deadly mass shooting. the los angeles county sheriff said the suspect in that massacre died from a self
tapes that give us a first look at what the former president s codefendants are saying about him and efforts to overturn the 2020 election. he said well the boss, meaning president trump, and everyone understood the boss. the boss is not going to leave under any circumstances. we are just going to stay in power. i said to him, it doesn t quite work that way, you realize. he said we don t care. that is just one of a series of reportings obtained by the washington post. essentially a tell all interview for a plea deal. the videos have not been independently verified by nbc news. what they tell us about the fraud case facing donald trump is really the question and who d.a. willis is blaming for this leak. let s start with the latest developments here, vaughn. what more do we know about the d.a. s emergency filing? this is kind of in realtime here. we know this hearing is going to be tomorrow afternoon at 1:30 p.m. in front of the judge and televised. so this emergency mo