tornado watches and warnings are in effect right now for parts of mississippi all the way to georgia. it comes as the death toll is rising after those massive storms. toward through seven states, and now at least nine people are dead. dozens more injured. there were over 50 sidings of tornadoes, including 22 in illinois, 12 and arkansas aid in iowa. in arkansas. three people are dead after the violent storms swept through that state. the national weather service has confirmed at least two tornadoes have touched down in the state. girl out of commotion and stuff that it was just over. i go outside, and it s crazy as people get blood all over their faces. three people were killed when an apparent tornado ripped through sullivan, indiana, first responders work through the night to clear the streets so they could get to the places hit hardest. and illinois baseball sized hail damage. some vehicles so badly that they had to be towed from the roadway. but the hardest hit areas a sm
that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank s assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right now we
welcome to msnbc specia coverage of the indictment o former president, donald trump i m jonathan capehart live fro msnbc headquarters in new york and i am katie phang. and we begin today with a history that will unfold befor our eyes, and just under 7 hours. former president donald trum is set to turn himself in at 2:15 pm eastern time thi tuesday. we are learning much more about exactly how that dramati moment will take place the former president wil arrive in new york city monday evening, and on tuesday, the will be driven from trump towe to the courthouse around 1 p eastern time as of now, there are no plans to handcuff him, and n plans to place him in a holdin cell but there will b fingerprinted. trump will then leave new york that same night, and head back to florida. so, katie, this i incredible what we are about to see and we have never seen anythin like this in all of ou history. a former president of th united states indicted by an manhattan grand ju
happen with this court. i do. but i m not on the courts, and certainly i m not on that court where that texas judge decided to, uh, turn upside down the whole process that fda you has used for years for many drugs. cnn s elaine to train is in washington. for us, elena. i mean this was a controversial decision to be sure. so what our members of congress, saying this is all about? well for the reaction has been pretty disparate immediately after the court s decision was announced, democrats began railing against the ruling. they held press conferences. they span the airwaves, and some even went so far as to tell president biden that he thinks that they think that he should ignore the ruling altogether. now republicans, meanwhile, have been far less outspoken, but we did hear from a few today who were pressed on the issue during the sunday shows that includes congressman tony gonzalez. he is a republican from texas, and he had some pretty harsh words for the biden. ministrations
and lots of questions to answer, so let s get started is donald trump finally abou to face accountability for his crimes we have the latest on th possible indictment of forme president trump for allege hush money payment to an adult film star. they lied, again and again and again. more details on what was going on inside fox news as they peddle conspiracy theories about the 2020 election. my question is, how much wil those lies cost them and later, tennessee man and drag shows on public property? what one of the votes famous drag performers has to say about it, and how we can pus back against anti-trans hate all of that and more, coming up and the good saturday morning to you, i m kati phang. we begin today s show with a mixed bag when it comes to the economy, with the doubters focusing yesterday more than 300 points in the red, but a better than expected job report, surprising a lot o people 311,000 jobs added much more than the 225,000 economists were expecting. the unemp