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One of the windows of the capitol. She was also accused of using a bull horn to direct rioters. This all comes as were days away from the start of trumps second Impeachment Trial. One person we wont be seeing or hearing from, however, is donald trump himself. His defense team confirming trump wont testify. A new reaction this morning from congressman ruben gallegos. Well, this is more a typical trump move. This is not about defending his presidency, its not about defending his actions, its about, again, dividing america. Its a very cynical move because he believes and he understands the Republican Senate is not going to hold him accountable. Theres a lot of new information to run through with the trio of nbc reporters and we will begin with nbcs mike memoli, joining us from wilmington, delaware, where President Biden< ....
Nearly 3 billion lawsuit in which he plays a starring role. Others at fox news do as well. And then a Battle Of The Ages and for the ages, of course, tom brady versus Patrick Mahomes in the super bowl tomorrow, coming up later this hour, were going to talk about that as well. I want to start, though, with nbcs mike memoli traveling with the president in wilmington, delaware, and nbcs ali vitali on capitol hill. Thanks for joining us on this. Mike, i want to start with you on this one and the president s worry, shall we say, about the former President Trump. This is the first time that you had a former president who essentially is going to be barred from Intelligence Briefings, right . Reporter well, yasmin, thats right. This would be the case if thats ....
Of china casting a dark cloud other its economic output. Industrial production, meanwhile, coming in weaker than expected and, oh, yes, china unexpectedly cutting rates by 15 basis points. All kind of negative headwinds. Now on the other hand, strong data guest canically not helping Investor Sentiment either. Retail sales rose more than expected showing that the consumer here in the u. S. , very resilient. But you know what thats codes for, yep, the feds could have to keep rates longer for high higher can higher for longer, rather. [laughter] Neel Kashkari saying today we are, quote, a long way from cutting rates. Oh, great. Those higher rates, however, certainly have proven burdensome to banks. Today Credit Ratings company fitch warning it may have to downgrade several u. S. Banks including jpmorgan, the big financia ....
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