thank you, alex with, as always. my good friend. and a good saturday morning to you, if you ve been following along, there s been exclusive coverage by msnbc of the coronation of king charles iii. i am katie phang. it s been a very busy news morning, as we mentioned, the world continues to watch london. hours ago, king charles the third, and now queen camilla, were officially crowned in a two-hour ceremony in westminster abby. you saw it all life during our coverage on msnbc this morning. we re going to go in-depth on a royals expert this morning but first, another major story we are on top of this morning. an msnbc exclusive, president biden on the record. the 11th hour host, stephanie ruhle goes, on an on with president biden in an exclusive interview that covered a lot of ground, from the debt ceiling show down to the presidents reelection bid for 2024. here s some of that interview. as president, what are you going to do to help us avoid default? look, not a single
money case. you are uch waing fox and friends first on friday morning. i m todd piro. ashley: i m ashley strohmier. at the center of national debate with critics accusing alvin bragg of doing democrats bidding. todd: new york post writing alvin bragg is trying to turn a misdemeanor into a felony. this shows that the legal system is biassed and politicized. ashley: we start with brooke singman to walk us through the next steps in the case. brooke: a manhattan grand jury has indicted former president trump donald trump. alvin bragg has been investigating trump for hush money payments made leading up to the 2016 presidential election, including a $130,000 payment made to stormy daniels and another $150,000 payment made to former model karen mcdougle. alvin bragg s office says we contacted trump s attorney for a supreme court indictment which remains under seal. guidance will be provided when arraignment date is selected. the former president saying this is political
trump s legal team says the president is expected to turn himself in early next week according to district attorney alvin bragg s office. quote. we contacted mr. trump s attorney to coordinate his surrender to the manhattan s d.a. office on arraignment supreme court indictment remains under seal. guidance will be provided when the arraignment it date is selected. fact that the grand jury indictment remains under seal means we don t know the exact charges. bragg has been investigating trump for alleged payment made leading up to the 2016 lengsdz. that includes $130,000 to adult film actress stormy daniels. bragg questioned witnesses about another 150,000 paid to model karen macdougall allegedly that is. the former president has denied all of these allegations along with affairs with both. all the while bragg has been trthrust national debate. saying in part this is political persecution and election interference at the highest level in history. manhattan d.a. alvin bragg
time, they are going to ensure all deposits, even those over $250,000 limit. investors will have insulation of the federal government, that is problematic. todd: alexandria hoff will break it down. regulators have waved the limit for depositors and know did the same for signature bank, which was shut down over the weekend. silicon bank, many assets were uninsured, it will prevent a run on banks and companies that bank with svb can make payroll. pinterest and zip recruiter, just to name a few. fdic reads, depositors will have access to their money starting monday, march 13th. no losses will be born by the taxpayer. the president is preparing additional comment. what about the banking crisis? president biden: tomorrow morning talk to you tomorrow morning. the president is set to deliver remarks at 8 a.m. eastern time. a bank bailout was never on the table, said janet yellen. there were investors and owners of systemic large banks that were bailed out and we re cer
insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, quote