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MSNBC Chris Jansing Reports July 6, 2024



right now we re watching the manhattan d.a. s office where we believe a grand jury will hear today from robert costello, a former legal adviser to michael cohen, and heightening the interest today, he s potentially the final act before a decision is made about whether to issue an indictment against donald trump. costello was called in at the request of trump s attorneys, leading many to believe his testimony will be aimed at undermining cohen s credibility. cohen himself is also there, he says, as a rebuttal witness. i want to bring in nbc s garrett haake outside the d.a. s office. legal analyst glenn kirschner joins us as well. garrett, what have you seen or heard today, if anything, of the comings and goings? what s the very latest? reporter: chris, we re all operating on the same scraps of information. no signs of costello or cohen yet. that shouldn t be a surprise. the grand jury typically meets in the afternoon. we would expect to potentially see them sometime he ....

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MSNBC Chris Jansing Reports June 4, 2024 17:22:00

what happened at silicone valley bank is the reason for what happened at signature. when you think about what happened at silicon valley bank, they were all essentially accounts larger than the $250,000 fdic insurance. so after people watched the news on the svb collapse, they said, if i have more than $250,000 in any bank, i m going to start to move my money. signature bank is among those who have a high proportion of accounts and clients who have more than that amount in there. they started to move their money, started to pull the money out. if enough people pull enough money fast enough, that s a bank run and sends the bank under. that s what happens with signature. there were issues at first republic, a downgrade over the weekend. prior to that we did see 11 of the larger banks, their competitors put in $30 billion of deposits into the bank. maybe that stopped the bleeding. we ll have to see. if people are watching and say i ve got my money at one of the big banks and i know th ....

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