we go to new jersey with more of the former president s message. nate, good evening. trace, good evening to you. his first public remarks, or at least his first speech since his arraignment in miami this afternoon, former president trump defended his right to retain classified information. he said it is in the sole discretion of the president to keep their own documents, and he also took sharp aim at president joe biden for what he calls weaponizing the department of justice. listen here. this day will go down in infamy and joe biden will forever be remembered as not only the most corrupt president in the history of our country, but perhaps even more importantly, the president who together with a band of his closest thugs, misfits and marxists tried to destroy american democracy. but they will fail and we will win bigger and better than ever before. [applause]. charging a former president of the united states under the espionage act of 1917. trace, president trump then
fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-style b
president and falsely proves 51% of democrats. the spokesman, bernie sanders with frustrations with the white house saying seems to be running out of control and fundamental rights being stripped away. the white house is not coming. carley: alexandria hoff live in washington, alex, good morning. good morning, carley and todd, the clue as to whether the federal reserve has gone far enough in battling inflation or demands low to the point of seeking the economy into a recession. the polling economists addicts today s report shows 268,000 nonfork jobs added in june for slowest and down 390,000 in may. that is not something the federal reserve will mind on and employment pressure but that has raised to demand but that is pressure elsewhere in june. the employers announced 32,000 layoffs of 58.8% increase, cuts from 20,000 announced in the same month last year. the question is are companies bracing for a recession? it boils down to trouble for the president according to this r
A look at the days news and headlines. A look at the days news and headlines. Dont want to put him in a position where he might injury himself, perjure himself or blow up the investigation and thats where Rudy Giuliani is. A possible circumstance for a sitdown. He has been clear when he said listen, the president could decide to do this but im not so sure they will actually let him do that. Well be watching as it all unfolds. Sandra more on that coming up. Kevin corke at the white house. Bill the trump team announcing a new round of sanctions against russia to hold russia responsible from a nerve attack that may have caused the death of a british woman and trying to kill a former spy. This move has to please the u. K. And some others in europe, i believe. Absolutely. Theresa may had been urging the Trump Administration to take tough action against russia after this poisoning, yution of
a Chemical Agent on british soil. This has to be seen in a much larger context, which is President Tr