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Transcripts For CNN CNN Newsroom With Fredricka Whitfield 20240706

atmospheric river is raising water levels and leaving a trail of destruction. a levee breech iach is forcing evacuations in monterey county. governor newsom has declared a state of emergency. we can t live like this. how do i live like this? how do i have my kids live here or my elderly mother live here? mike, a lot of people are trying to reassess how much longer can they endure this. reporter: right. you know a couple people made the decision to leave just a few minutes ago. we saw them coming out on national guard convoys because they couldn t wait any longer. we re here just over the santa cruz line in pajaro. you see acres of farmland that are now underwater. if we push in looking north, the farther you go, the closer you get to the pajaro river. a levee in the river failed around midnight local time, which is why you see all this water flooding this strawberry farm that s on either side of the railroad tracks. we want to jump to drone video of neighboring watsonvi

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Transcripts For CNN Smerconish 20240706

testify in an investigation into a hush money scheme involving stormy daniels. that s believed to be a precursor to an indictment. potential defendants are required to be notified and invited to appear before a grand jury weigh anything charges. it charged, trump would become the first former president to be indicted. but would it slow his current presidential quest? i say not a chance, at least not based opt this case alone. any charges here would stem from the $130,000 in payments made to daniels during the 2016 campaign. apparently she had been ready to share her story with the national inquirer. but the tabloid s publisher was a trump friend who instead h helped broker a deal with the lawyer. i long thought it was the weakness of the trump investigations. first the events of january 6th. the mishandling of documents, the election interference including the so-called perfect phone call to secretary of state and fourth, this, the stormy daniels hush money. merrick garland a

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Transcripts For CNN Smerconish 20240706

stormy daniels that s believed to be a precursor to an indictment. they re required by law to be notified and invited to appear before a grand jury. if charged, trump would be the first former president to be indicted, but would it slow his current presidential quest? i say not a chance, at least not based on this case alone. any charges here would stem from the $130,000 in payments made to daniels during the 2016 campaign. apparently she had been ready to share her story of an affair with trump, but the publisher was a trump friend, who instead helped broker a deal with michael cohen, in which she was paid for silence. i ve thought it was the weakest of the trump investigations which generally fall into four buckets. first, the events of january 6th. second, the mishandling of government documents. third, the fulton county da investigation, including the phone call to brad raffensperger. fourth, this, the stormy daniels hush money. merrick garland appointed jack smith to loo

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Transcripts For CNN CNN Newsroom With Fredricka Whitfield 20240706

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

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