on this tuesday night. good evening once again i am stephanie ruhle. setback because we have a got a lot to cover. there continues to be more questions than answers about the fbi search of donald trump s florida home. an event that has ignited a political and legal firestorm. and missy news reports the fbi search was related to classified information trump allegedly took with him from the white house in january, 2021. trump s lawyer confirms to nbc news that agents took about a dozen boxes from a basement storage area. she says trump s legal team was talking to the justice department about white house records in that officials had come to mar-a-lago this spring to discuss that matter. that was after 15 boxes of documents were already returned to the national archives earlier this year. tonight the wall street and the washington post report that monday s search came after the feds got concerned that some records were still being withheld. former president and his allies have
airtime we have assembled a team of correspondents and experts to tell you what is known, but it could mean, and where it may lead. cnn s kaitlan collins starts us off. caitlin what are you learning about this fbi operation? john, it s a remarkable development with the former president himself confirming that the fbi has executed a search warrant on his home in palm beach, florida today. he said in a statement that his beautiful home, mar-a-lago in palm beach, which became s primary residence after he left the white house is, quote, currently under siege, rated and not occupied by a large number of fbi agents. he says after working in cooperating with the relevant government agencies, the sun announced raid on my home was not necessary or appropriate. he adds, quote, they even broke into my safe and he compared it to water gate or worse than water gain and maintains it s an effort to stop him from running for president in 2024. we should note we have now learned this search
and sometimes, you get it right, sometimes, you get it wrong. as long as you do it in a principle and thoughtful way, and you can live with yourself. i mean, they re not perfect, but their principles. and they had to know that there will be some blow back, so be it, it comes with the territory. they re just doing their jobs. and this week, they are not easy jobs. and a quick, but i want to say important note for our audience, we keep hearing a lot of people call the what the fbi did at mar-a-lago a rate. but for fact sake here, here s the deal, law enforcement doesn t even use the term rate. the justice department applied for, and got a court authorized search warrant that gave them lawful authority to into trump s home. that was consistent with the fourth amendment probable cause of a crime, and allowed agents to seize items as permitted by the judge, and as outlined in the warrant. words matter. and calling a court authorized search a raid suggests some sort of degree of aggression
i don t think this is a fishing expedition. i think they know what fish they re looking for here. if i may, john, i think we have to be this is really i don t know if he did it intentionally or not. we have to be careful not to adopt the term rate. that was an intentional use of a word, and we haven t done it all night, and i know scott, you were saying that the
Term SOFR, the forward-looking term rate based on the Secured Overnight Financing Rate (SOFR), has become an established benchmark rate for new US Dollar lending in the US syndicated.