morning. morning joe starts right now. it s the top of the hour. welcome to morning joe. it is tuesday, january 2nd. happy new year, everybody. israel s ground offensive in gaza is entering a new phase. the israeli military has plans to pull back some troops and shift to more localized operations. we re going to go through that development and the escalating tensions in the red sea. plus, a damning, new report on the intelligence failures by the israeli military. new york times investigation found there was no battle plan for a massive hamas invasion that they were warned about. also ahead, a look at the long to-do list for congress in 2024 with several crucial items that were simply not addressed late last year. plus, the supreme court has a tight timeline to rule on what would be one of the most consequential cases involving the presidency. we ll get expert, legal analysis on the issue of removing donald trump from the ballot in two states. are there going
. . . . you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy. joining us is cnn economics and political commentator catherine, first i want to go cnn anna stewart. put this in perspective, how big of an announcement is this. this was for the time one of the biggest banks in the world and definitely a major bank in europe. being in the midst of a huge set of restructure the last couple of years, it was already under pressure and you ve seen the pressures on the banking sector with silicon valley bank, you can say it was a weak link started to debuckl
it comes but once a year for politics junkies, it is the christmas and new year s and arbor day and obscure state specific holiday you can t really remember the reason for rolled into one. it is state of the union night, and we are so happy that you re here with us for it. here s a live look at the u.s. capital tonight. members of both chambers of congress, guess, supreme court justices, cabot secretaries, admirals, ambassadors, they re all gathering to hear this big heavy on the pomp and circumstance annual address the president of the united states. on the other end of pennsylvania avenue of the white house, we are watching for president biden to part from the white house for the capital. the is expected shortly. i am rachel maddow here at msnbc headquarters. joined by my colleagues of chris hayes, joy reid, nicole wallace, alex wagner and ari melber. i also do mean it when i say thank you for being home with us. we know you had every choice in the world were to watch thi
hello, everybody. welcome to inside politics. i m john king in washington. thank you for sharing a very, very busy news day with us. 6,000 plus dead. 6,000 plus. grief running over turkey and syria. hope, too, running out as rescue crews continue to look for thousands still lost in the rubble of a monster earthquake. plus, tonight, the president tells the country what he s done and where he wants to go advisers promise a classic joe biden speech. out but his state of the union collides with challenges and implications of a newly divided washington. plus, briefing, congress getting a briefing on the chinese balloon. and raises questions why the pentagon was so slow to shoot down that suspected spy in the sky. up first, a dramatic harrowing race to find survivors it s barely 24 hours after a massive earthquake hit turkey and syria. already again, more than 6,000 are dead. and the aftershocks still creating treacherous conditions for rescuers trying to reach those tr
i m victor blackwell. welcome to cnn newsroom. we re hours away from president biden s state of the union address tonight, his first to a divided congress. instead of nancy pelosi over the president s left shoulder, it will be speaker kevin mccarthy. the speech is expected to draw the largest television audience for the president this year. americans will hear biden lay out why he believes the state of the union is strong as he said last week. he s expected to talk about lowering inflation, improving infrastructure and getting past the worst of the pandemic. he s also expected to talk about america s stand against china. of course just days after an american fighter jet shot down one of its supply balloons. the president will likely increase the urgency for congress to act on policing reform and an adult weapons band. all of it will be a test run for his re-election bid. phil mattingly is with us now. what more should we expect from the president tonight? you know, vict