Congressional republicans are already saying weisss new status makes him a Fire Wall Insulating President Biden and his Justice Department and could actually impede congressional efforts to get to the truth. Look into that. Also tonight, the Justice Department has moved to officially dismiss the now defunked plea deal with the president s son. Correspondent dazed spunt has the details from the Justice Department. Good evening, david. Reporter bret, good evening to you. The legal jeopardy for the president s son only deepens now that this case has Special Counsel status, and we can say tonight that it appears hunter biden is headed for trial. I have concluded that it is in the Public Interest to appoint him as Special Counsel. David weiss, the u. S. Attorney who had been leading the Justice Departments probe of Hunter Bidens tax and Business Dealings now getting a new job title and new legal responsibilities. Reporter mr. Weiss has the authority he needs to conduct a thorough investigat
this week s actions demonstrate our resolute commitment to insure that our financial system remains strong and that depositors savings remain safe. paul: let s bring in jason trender, chairman and ceo of an investment strategy firm. jason, quite a week in financial markets. you know, the treasury secretary says all is well, safe and sound, but the markets aren t acting like it. just how big a question a problem is this in the banking system? well, paul, we don t know yet, but i think that, you know, history has taught us that, generally speaking, when there are problems like this in the banking system, they re not they generally don t tend to be isolated. i feel very strongly that in many ways the precursor for this has been 12 the years of i would say borderline irresponsible monoair the policy and fiscal policy paul: right. and so in some ways, it s not surprising that when inflation moves higher as a result of those policies, that people get caught offsides when
more on this development let s bring in wall street journal columnist henninger and dan and based on evidence that s swirling around in the public how strong is this case? that s an easy question to answer paul. because maybe a thousand or more people have already answered it. unanimously, it is not a strong case. it just isn t which raises the mystery of why it s being brought. what trump is being accused of which is related to the possibility of paying hush money to adult film ac tres years ago is a misdemeanor under new york state law. prosecutor bragg is thinking about elevating it to a felonny under federal law which most specialist say they ve never seen something like that happen before especially with the former president. so the question becomes what is going on exactly with prosecutor bragg? he was under a lot of pressure from his staff before this to do it two prosecutors resign one where a book about it. i think there s the possibility paul that he s facing
depositors president biden in remarks this morning addressing the moves by his administration america s going to have confidence that the banking system is safe your deposits will be there when you need them. i instructed my team to act quickly to protect these interests. no losses will be born by the taxpayers. i ll break it down with larry summers. the president s heading to san diego this hour with meetings where the british prime minister and australia s leader, highlighting the sale of nuclear submarines to our allies to counter china s indo-pacific power. and donald trump heading to iowa today following the footsteps there with likely challenger, ron desantis and days after his former vice president, mike pence, made his most critical comments yet over trump s role on january 6th. good day, everyone i m andrea mitchell in washington depositors at the failed bank breathing a sigh of relief after the u.s. government led by the treasury department, federal reserve,
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