according to new reports for the first time the international criminal court plans to open war crimes cases against russia for its actions in ukraine and will issue warrants for, quote, several people. reporting from "the new york times" and reuters one case is prompted by russian attacks on infrastructure like this one targeting a ukrainian train station last year. there's also accusations of deliberately targeting a residential building and parking in c-- ukraine says in a recent report thousands of kids are being taken to russia, indoctrinated and in many cases adopted or fosters by russian

families, which is a war crime. the news continues. aa erin burnett outfront starts now. the banking system is safe. >> tonight, president biden moving to calm panicked americans. two banks collapsing in three days and now the spotlight on the entire industry. and donald trump's lawyer's going on the offensive ahead of a potential indictment. the former president refusing to testify before a grand jury. >> our department is urging anyone thinking about traveling to mexico, especially spring breakers, to avoid those areas, because right now it is too dangerous. >> and a warning for spring breaker after kidnappings, murders, and the disappearance of three women. [ speaking non-english ] plus, russian wives and mothers tonight calling on vladimir putin to stop calling their sons to be slaughtered. and why it's never too late for the dream. >> we took a vote.

the president believes you'll be a valuable asset to our organization. >> i want to say thank you for this acknowledgement. >> this! this is the american dream! >> let's go out front. good evening. i'm erin burnett. welcome to this special edition of outfront on a monday. a bank, poof, gone, and tonight the biden administration stepping in to take over both a silicon valley bank and a bank all the way on the other side of the country, new york's signature bank. so tonight, was this a bailout by taxpayers? will more banks fail? and who is to blame? joining us now, the house oversight and reform committee remember katie porter from california, a state especially impacted by the silicon valley collapse and very well known on capitol hill for holding financial institutions accountable with your white boards, running for senate next year in your state as well. very much appreciate your time.

so, you know, i hope you have had a chance with your colleagues to be using to white board and explaining what's going on with the interest rate risk and what happened in each of these cases, but today again, congresswoman, regional bank stocks fall to record lows despite the president coming out and speaking and saying deposits are safe. do you think we're at more risk of bank runs? >> i certainly hope not, and i think we can take steps legislatively to try to prevent these kinds of bank failures in the first place, because once you get into them, there are no good solutions. it's just a choice among difficult choices, and so i think we can make sure that banks have more capital. and to be clear, we did that after dodd-frank for this exact size of bank, and then wall street goes to work lobbying in washington, and sure enough, in 2018, republicans in control of the house and the senate --

republicans in control of the house, and they go ahead and democrats join with them, many of them 30 democrats in the house, 16 in the senate, and they roll back these capital holding requirements. so this was preventable, both through better regulation and frankly through better decision-making at the bank. >> so you talk about the region. banks and some of the regulation there. one of the things that really i find amazing, having covered that financial crisis as well, was, you know, the four-letter word was tbtf -- too big to fail. these banks, the biggest ones were too big to fail, and they had to be broken up, and that was part of the systemic risk in the system. since then, the four biggest bank in the united states have double in the size according to the latest data from the federal reserve. we're hearing now if you put your deposits in those banks, wells far toe, citi group, bank of america, and j.p. morgan chase you're fine.

everybody else you got to be worried. do you think those banks are a part of the problem and should be broken up? >> those biggest banks because of dodd-frank do us a know have more stringent capital holding requirements, but to be clear, any bank can get into trouble if enough things go wrong in the right way. i don't think depositors should be moving their money into those four banks thinking they're necessarily safer. i think there are a lot of credit unions and small community banks that simply do what these -- what silicon valley bank wasn't willing to do, which is the smaller banks, credit unions focus on finance fundamentals, on remembering thing like interest rates go up and down rather on that night bottom line and being pressured by shareholders. so i don't necessarily think the solution is to move your money to those four or any other place, but i will say, the bigger a bank gets the, more

systemic effect it has. i think what happened is we were so focused on the too big to fail that i think a lot of us were saying, yes, but bank number 11, bank number 30, bank number 75, if you're a depositor, it's too big to fail in your life in, your business, and i think that's what we saw this weekend. >> that's right. are we at a point though now as a country -- i say this with the caveat most people don't have $250,000 in savings. if the fdic limit is there, they will be fine. but banks are making payroll for small companies, so therefore having the deposit base safe matters and matters significantly. appeared from what president biden said today, he said, your deposits are safe. did you read that as a blanket -- the u.s. government will provide a backstop in all cases for all banks? >> i think that's what he is happening as a practical matter

with silicon valley bank, so what that i think does is sort of create the expectation that will be true when you add that to what president biden says, i think that's where people think the market is what the rules are going to be. but to be clear, this is up to congress them fdic insurance limit was already raised from 100,000 to 250,000. i had a lot of colleagues say, the limit should be unlimited. should be $20 million. the point of that deposit limit has never been to insulate anybody from any amount of risk. that isn't what it does. >> but isn't that what's happening now? are you saying it's not a good idea from what they've done now, which is a blanket. >> we have to be clear. that kind of blanket guarantee of all deposits of any size no matter how big -- we have to be very clear, it's not free. it comes with costs.

fdic insurance isn't free. it's paid for by depositors. so, what we'd really be doing is saying, everyone is going to pay for it, and i don't think that's a decision that the president or the federal reserve in a moment of crisis should be making. i think this actually should be a deliberative decision by congress, taking into account the pros and cons. >> i understand. so it sound like you would be willing to consider it, be nuanced about it. but at the moment, what we're doing then, do you agree with what sheila baird, the head of the fdic under obama and trump -- bush and obama, sorry, what she just said to me. she was clear and confident in using the word bailout. what you're describing is we are bailing out, this is a bailout, because depositors, taxpayers are going to pay for it. >> well, i think what we don't know quite exactly yet with silicon valley bank and with si silver gate yet, to what extent

taxpayers will be on the hook. i don't think we have any indication that will necessarily be the case, but to be clear, the insurance fund which is going to be used is paid for by a tax on bank deposits. and guess what? we -- all of us taxpayers, we also have deposit accounts. we also pay for that. so i think this is not a traditional situation in which, you know, the sort of traditional use of the term, where we're talking about, you know, the executive doesn't get held accountable or people get let off the hook. that's not what's happened yet, and i hope that doesn't happen. i'm going fight like hell to make sure that doesn't happen. here we're trying to use the deposit insurance fund tool in a way that it wasn't designed for, and in doing that we are creating a precedent that could lead us into fundamentally rethinking and restructuring how we do banking in this country. >> certainly this i think gives anybody watching a loft food for thought with details.

representative porter, thanks so much. always appreciate talking to you. >> thank you. >> as you heard there, congresswoman katie porter. and now we turn to former trump chief economic adviser, gary cohn, former president and ceo of goldman sacks and headed up the national economic council. gary, let me ask you -- with the conversation i was having with katie porter, do you agree with the use of the word bailout? >> no, i don't. so, at the end of the day, and i think the president made this clear yesterday and today in a statement, the taxpayers won't pay anything for this. i think they'll recover 100% of the money if they need to spend anything -- >> what about the depositors who are the taxpayers? >> they're going to end up making money. remember, in this situation, the equity's been wiped out. the bonds have been wiped out. the trust preferred's been wiped out. the capital structure has been wiped out. when you end up liquidating the asset portfolio, there will be access capital.

that's most likely the scenario we're in, and someone's going to own that. >> is there any chance that's the depositor? >> no, i don't think there's any chance it's the depositor. >> maybe i'm missing it, but the depositors are paying in their taxes to get the fdic backstop and won't get the benefit and upside. >> the united states has always chosen to pay the fdic tax to have insurance in place. that's not changing. we're not going to give depositors back any fdic tax. that excess return on the balance sheet a that resolve bank will end up going to the government who stood in to make depositors good. that's the return on the risk that they're taking right now. >> now the other point she raised. she raised dodd-frank, and she was clear she supported rolling back some dodd-frank regular las vegass that pertained to banks. barney frank supported rolling that back when he was on the board of signature bank, which is one of the ones that went under this weekend. you supported rolling these back. as she said, a lot of democrats

did in the senate and house. she was clear about. that but do you think it was a mistake as she does? >> no, i don't. at the end of the day, we had an old-fashioned bank run, and we have bank runs. if we didn't have buank runs we wouldn't are to fdic. we have insurance for when we have bank runs. when you have a bank run, it means the depositors want the money back. banks are in business to drive economic growth and drive the u.s. economy. u.s. economy is based on banks lending. >> they take the deposits and lend it out for other purposes. >> absolutely. if we don't have deposits we don't have banks' about to lend and stimulate economic growth. >> right, but in terms of what she's talking about, some of the dodd-frank regulations had they been in place would have pr prevented it from happening. do you see merit in that? >> i don't. the bank had a capital reserve.

>> talk about silicon valley. >> you've got two pools. i don't want to get technical. you've got liquidity, which is the ability to met the depositors' want to take capital out, and equity. the capital is not liquid, so how much capital you have doesn't help you meet depositors' demand. we've got to understand what these two things are. capital makes you have the ability to absorb losses. >> this is true, but in the case of silicon valley when rates are going up more quickly than people thought, okay, so they would take their deposits and then went out and bought longer duration and couldn't liquidate it when people wanted their money back. that seem light terrible management. >> no bank can deliver back all their deposits at once. it's not the way banks are designed. banks take in overnight demand deposits and lend for 30-year

medical r -- mortgages, for automobiles. that's how we grow our economy. banks are not design to have everyone's cash on hand every day. they have something called high quality liquid asset test. >> right, of what they can get quickly. >> these banks all passed their high quality liquid asset test, which is a ratio of how much cash you have ton hand to what the statistical -- >> how much will leave in deposits. >> they all passed. >> governor ron desantis is saying that this is because of dei, diversity, equity, and inclusion, that this bank focused on that instead of running the bank. you just made the argument he's wrong, because you said in term of basic things they were in line. what do you make of a political talking point like that? >> i think there's a lot of people that want to sort of get in and cause -- create cause and effect. i think we'll have time for

that. i've lived through a lot of crises. easy to know what went wrong the day after the crisis is over. difficult to know it's wrong before you have the crisis. i think it's kind of early for people to be throwing stones here. i really do. i think what we need to understand is the federal government stepped in, guaranteed deposits, they've allowed the banking system to function in the united states. they've allowed banks to continue to extend credit. they've allowed the economy to continue to grow and function in the normal fashion that we are used to. that's really important. now, look, they've done it for a year, so we've got a year to fix this situation, and over this course of the year, we'll learn a lot more facts and have a lot more opinions of what happened, and i guarantee you that we will regulate for whatever went wrong this time, but next time it will be something different. >> certainly appears to be the case every time. gary cohn, thank you very much. i appreciate it. next, donald trump in iowa tonight under the shadow a

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chance to testify before a new york grand jury as his lawyers rail against an indictment that hasn't happened. >> he made this with personal funds to prevent something coming out false but embarrassing to himself, his family, his young son. that's not a campaign finance violation, not by any stretch. >> a decision on whether to charge the former president over hush money payments to adult film star stormy daniels appears imminent. karen work in the prosecutor's office when the previous d.a. chose not to press charges. you have a perspective on this that very few people in the world do. so we were in a situation before where the previous d.a. did not press charges and appear to be in a situation where there are going to be charges. appears all but certain at this point. do you think they'll do it? >> all indications are that he's going to be indicted, i would say in the next week or two. >> all right, now, there's would or will and should. so you've obviously been in the

office when they reached a different decision. do you think they really should do it? >> the statute of limitations is about to run in may. that's what they're up against. they've also been regularing the case long after i left the office, so they may have come up with more evidence, more information. michael cohen is someone who you have to corroborate everything he has, because he has convictions for things like lying, et cetera. so i don't know what other evidence they have to corroborate him, but i believe the fact that they're about to ask a grand jury to indict him, that it showss they have beyonda reasonable doubt. >> you believe they've got the goods. >> yes. >> then tell me what happens. what happens to trump? >> trump will have to appear before a judge in the manhattan supreme court. the supreme court is actually the lowest court in new york. that's what they call it. that's the trial level court. he'll have the appear there.

he'll go for before a judge. it's likely he'll be indicted under multiple theories falsifying a business record. it's not eligible for bail, so no one will ask for bail. he'll be told what the charges are, and then i'm sure he'll do what we always does. he'll make several legal claims which will drag things on and on. i don't see this going to trial in less than a year. >> that's significant. if you talk about less than a year, that's going to put you -- about a year, you're right after iowa, you're in the heart of the presidential season. but it sounds like what you're saying is obviously you don't know what new information they have to corroborate, but you're saying you don't believe they would be doing this unless they felt they had it, in your view a slam dunk case ? >> i wouldn't say slam dunk, but i would say they can prove it beyond a reasonable doubt. there's no such thing as a slam

dunk case. if they feel they can prove it beyond a reasonable doubt or they wouldn't be doing this extraordinary thing, which is indicting the first indictment, which i think will be of many, of a former president. >> so let me ask you about that. there's the politics of this -- not your area, but of this one possibly coming first ahead of state classified documents or january 6th or fulton county in georgia which was about overturning the election. but it sounds like from your perspective there will be more than just this indictment. >> yeah, i think you're going to see alvin bragg, who's the manhattan d.a., bringing the stormy daniels case first. then i think you're going to potentially see the fulton d county georgia case. then i think jack smith is going to bring the mar-a-lago documents case and/or the january 6th insurrection. and i think we have to listen and take alvin bragg for his word that the investigation into the assets of the trump organization and donald trump is still ongoing. so we could see those charges

being brought at some point in the future as well. >> wow. all of this coming in the middle of a political cycle. it is incredible. unprecedented for a performer president to be indicted and you're talk about multiple possible indictments. thank you very much. >> thanks for having me. the threat of criminal charges looms as trump campaign in the first primary state after iowa. as i said, he'd be the first major presidential candidate to run while under indictment if he is charged in new york. never mind the other cases karen just mentioned. with me now, bob, appreciate talking to you again. nice to see you, even through the screen. let me start off with this indictment, which appears to be a pretty much done deal. we'll see what actually happens here, but it seems that this is going to happen and it's going happen very soon. would formal charges over paying off the porn star storm yi daniels affect trump's standing

with iowa christian republicans which are so crucial in that caucus? >> i think what you're seeing regarding indictment or not indictment is that iowa is very open, and you're seeing that as they welcome ambassador nikki haley to the state or tim scott to the state or governor ron desantis or mike pompeo or mike pence. it's a very open field. governor reynolds said she's not endorsing, former governor says he's not endorsing. all those show they're open to somebody other than donald trump. we'll let the indictment stuff play out, but all is going to be weighed in terms of who can win in 2024, and that's going to be part of the calculation here. >> in that context, you talk about it as a wide open field. what do you think about trump's visit to iowa his decision to run again? >> well, that's totally his

decision regards to should he run or not run again. if that's what he wants to do, he's already made that decision to go ahead. but i think what you're seeing even in the poll numbers against desantis with trump, and you're seeing desantis polling really well. trump's numbers eroding. that's not only good for governorgo governor desantis, but all the candidates, because that's showing there's an appetite for somebody not named donald trump in this process. that being the case, right now the former president would be our nominee if this many candidates remain in the case because of the power of division, and he has a very solidified position. there has to be a coalescing. one-on-one or two on one, you have a shot for a different nominee but if it's one in a field of ten, it's going to be donald trump. >> you talk about how solid his base is.

you're making it clear may be willing to move on from trump, but there are so many in iowa saying things like this. >> no one else but trump. trump or death. desantis in florida, that's fine and dandy, but he has no experience except florida. >> ron desantis is an awesome governor. i love him as the governor. i just think it's not the time. >> trump's the only one. >> they're loyal, bob, they're loyal. >> there's no doubt there's a loyal base. he's going to have 20%, 25% of the base locked up who believe trump's their guy, they like what he did, they'd like to see him in office again. we're take calculation of who can win in 2024, because the key to governing is you have to win. that's why i believe it's good to celebrate all the things the former president did, his administration did, but let's turn the page to another

generational leader, whoever that might be to carry the baton forward and let the movement move on that way. >> is there room for ron desantis? who you've indicated -- >> oh, definitely. >> if he doesn't take trump on on the things that make trump trump -- i'm talking about the election denialism, the woke -- the cultural wars that ron desantis talking about -- he avoided taking trump on in those. if he's going to win, he has to do that. where's the lane? >> i think what it is is right now you're early in the campaign process. you know how these things work. when you're nine, ten month out of an iowa caucus, everyone's playing nice. nobody wants to defend anybody. but election day, you're going to get defining differences, and that's going to be whether it's up to mike pompeo, nikki haley, ron desantis, or anybody else. they're going to have to define what makes them unique and why they're the best one positioned not only to win at this time but also to lead at this time to unite all of america, not just

part of america. >> bob, thanks so much. gad to talk with you. >> good to visit with you. god bless you. >> all right. next as russian casualties mount in ukraine, women confronting vladimir putin about sending their husbands and sons off to, quote, slaughter. plus, a new warning to spring breakers planning to visit mexico amid ongoing violence and the recent kidnapping news. we'll be right back. an aarp medicare supplement insurance plan from unitedhealthcare. medicare supplement plans help by paying some of whatat medicare doesn't... and let you see any doctor. any specialist. anywhere in the u.s. who accepts medicare patients. so if you have this... consider adding this. call unitedhealthcare today for your free decision guide. ♪ we're carvana the company who invented car vending machines and buying a car 100 percent online now we've created a brand new way for you to sell your car whether it's a year old,r a few years old

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close quarter combat, that's what some ukrainian troops are up against in the battle for bakhmut. one commander telling cnn

they're jumping into russian trenches to regain ground. it is truly hand to hand combat. and while russian forces are closing in on bakhmut's center -- keep in mind this is a battle that's been going on for seven months, wagner led units are sustaining heavy losses. they are recording more than 200 russian soldiers dead in 24 hours. hundreds more wounded. western officials say the wagner units are running out of man power and likely have lost access to prison recruits due to an ongoing conflict with russia's defense ministry. turning to sports clubs and gyms to get new recruits. the losses are prompting a group of russian wives and mothers to call on putin to stop sending them to war, equating them to, quote, lambs to slaughter. joining me now, secretary mark esper. these are russian women, they say their loved ones were forced

to join after training. we can't verify, but consistent with videos we share with our audience. does putin, secretary, ask any shortage right now of potential recruits at this point? >> i would think so, erin. reports from the uk ministry of defense says he has committed up to 90% of his ground forces in ukraine, and we know you mentioned the wagner group. of their 50,000 soldiers, 40,000 of them are convicts that they took from prisons. and the recruiting drive last year may have pulled in 300,000 soldiers, but an equal amount, we think, left the country. it's a really bad situation, and what they're doing with young recruits, sending them into battle without much training or any equipment is really immoral, and at some point the russian people have to get fed up with what's happening here, having young men sent to this meat

grinder called ukraine. >> we obtained a letter from a russian soldier that was obtained by an independent russian journalist. wo i've got it here. the enemy is spitting us out like sunflower seeds everywhere. they deceive it. there's no truth anywhere. we are sent to slaughter like lambs. we saw corpses mutilated with their guts hanging out. what is your reaction to looking at this, seeing this in print in a soldier's frankly incredibly neat and precise handwriting? >> it is a killing field over there, and bakhmut in particular. we know the reports are that for every ukrainian that's killed there's anywhere from five to seven sole judges. ukrainians report russian soldiers are stacking up like logs, a cord of wood on the battlefield, that wagner commanders are telling their troops, if you don't advance

we'll shoot you when you come back. it's just really immoral what's happening there, and it's a terrible situation, and the ukrainians are fighting for their country, for their sovereignty. they're fighting to win, and they're winning. what's happening to this generation of russian men is just horrible, and i'm afraid it's only going to get worse, because at some point, the ukrainians are going to launch their counteroffensive, maybe in april or may, and it's going to push the russians to a point where they're going to have to conscript more and more men from their country. >> this is happening as within russia there's some sort of civil war. obviously not using the word formally, but the institute of study of war say the defense minister is likely seizing the opportunity to deliberately expend both elite and convict wagner forces to derail the leader of the group's -- of the kremlin. they say they're purposely

trying to get wagner forces killed off. russians trying to get russian forces killed off en masse. if you take a step back, does this shock you at all to know something lake this is happening? >> well, on the one hand it is shock but on the other it's not surprising. pregosian has made an enemy of many, giving his critique all way up to the chain of command with my former counterpart and she's searching for influence in the kremlin and trying to work his way closer to putin. what's interesting, too, is pregosian from the battlefield says he's trying to call the prin kremlin and the kremlin won't answer. curious what's going on in the country. you talked about the young boys being slaughter. unfortunately it seems putin is sending the ethnic minorities, not the young men in moscow or around moscow. really the ethnic minorities

that make up a large portion of the russian population. >> as all this happens you get more saber rattling out of moscow, the threat of nuclear escalation, you have the situation of rising tensions with china. and former president trump is campaigning in iowa. he just said something. i wanted to play it for you. >> standing before you today, i am the only candidate who can make this promise -- i will prevent world war iii, because i really believe we're going to have world war iii. >> you know him. you served under him as president. what's your reaction to that? >> well, i don't think we're going to have world war iii. nobody wants world war iii. we in the republican party are going to have a fine slate of nominees in the republican primary to take on president trump as well, and i think many of them are very capable, and i've argued that i think we need a new generation of leaders from

both parties, and so i'm hoping one of those younger leaders will rise up in the gop and i'm hopeful for the nomination contest this year. >> mark esper, thank you very much. i appreciate your time, secretary. >> thanks, erin. next, how dangerous is mexico? there's a new warning from safety officials on the american side of the border to anyone thinking of going there for spring break. and newly uncovered messages from one of tucker carlson's former producers at fox, providing a window into how some people behind the scenes felt about the viewers that they were lying to. that next. what if we live to like 100? that's 35 years of being retirired. i don'n't want to outlive our money. and i hahave been eating all these stupid chia seeds! i could totally live to be 100! why do i keep taking such good care of my- since we started working with empower, we're able to get all our financial questions answered, so we don't have to worry. so you never- no. never. join 17 million people and take control of your financial future to empower what's next. start today at empower.com

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tonight, mexico's president insisting his country is safe, even safer than the united states amid growing security concern. the texas department of public safety has advised residents to avoid mexico during spring break. the warning follows the recent kidnapping of four american tourists, who of whom were found dead, and the disappearance of three women who crossed the border four week ago. joining me now, vaeras of the dps. how concerned are you now? >> very concerned. the mexican drug cartels pose a significant threat to anyone who crosses into mexico.

just the sheer criminal nature of the organizations and violence, that's why we strongly urge anyone to avoid crossing into mexico at this time especially with the most recent event that took place in -- and also now three women missing from a small border community in texas. thaefb they have been missing for two weeks. cartels fighting over territory and smuggling routes. it's a dangerous situation for anyone crossing into these border towns in mexico. >> so, the u.s. state department is telling americans to avoid much of mexico, but when they talk about the popular spring break locations like cancun, they label those just exercising caution, they are not saying to avoid them. is that a mistake in your view? >> well, i wouldn't say it's a mistake, but our posture is clear. we have a strong morgues, and that's to avoid any portion of

mexico. we know many americans have travelled the resorts such as cancun, and without incident, but we can't ignore the risk especially with cartels in mexico. now, those that you want to travel to those specific locations, all we can say and encourage is to contact the u.s. consulate, travel in groups, be aware of your surroundings, be vigilant, and just always keep track of updated potential threats in specific areas. >> you just mentioned the cartels that are in a turf war, right? republican senator lindsey graham recently proposed a new plan for the united states overall to go after cartels, to designate them a foreign terrorist organization. he said once you do that, that would allow to you, quote, give the military the authority to go after thinks organizations wherever they exist. not to invade mexico, not to shoot mexican airplanes down, but to -- drug labs that are

poisoning americans. . but go into mexico and combat this. do you think the united states military should be going after the cartels directly on mexican soil? >> i can tell you for a fact, one, we need to designate the ca cartels. it's long overdue. it's a step in the right direction, and we know for a fact mexico is not going to partake or participate or want to go after these organizations, so it's going to be an uphill battle, challenging. chemical labs in mexico to reduce the flow of chemicals coming across our borders but it's going to be an uphill battle especially with the mexican government who do not want to united states to go into mexico after these organizations. it's a challenge. we'll have the see what happens. but i think if first part is

designating them at terrorist organizations. >> thank you very much. i appreciate your time. >> appreciate it, erin, thank you so much. all right, and next, a text exchange that tucker carlson and fox news would not want to you see. one of his own former producers at fox privately mocking viewers for buying what they were selling on the show. plus, a special night of firsts and big comebacks at the os coscars, providing special reminder all o of us. get refunds.com powered by innovation refunds can help your business get a payroll tax refund, even if you got ppp

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these aren't all the serious side effects. caplyta can help you let in the lyte. ask your doctor about caplyta. find savings and support at caplyta.com. even more fox news checks coming to light and that the mini definition lawsuit, challenging the right-wing channel for pushing lies that dominion looked good for foxes business. for this time and exchange between fox executive and the former produced for more of it biggest stars tucker carlson. let's bring in cnn reporter oliver darcy. all over, you have found a fascinating and illumining exchange. what does it reveal? >> it reveals again that behind the scenes fox to get of them people working on the biggest shows like tucker carlsen's program didn't believe the lies pushed by donald trump and his team and trash them behind the scenes. i'll read you this exchange. it's between rashad and alex

piper a former producer for tucker carlson. rashad texted piper. he says you might want to address, is this stuff is so effing insane, vote rigging to the tune of millions. come on. alex pfeiffer response, is it even worth addressing again tonight? it is so insane but our viewers believe it so, it might insult. then pfeiffer later goes on and says this whole thing is surreal, like negotiating with terrorists but especially dumb ones. cousin redacted types not saudi royalty. this really highlights what they thought about trump's election lies privately trashing the behind the scenes but entertaining them on air because the audience wanted it. >> it is pretty incredible and saying directly to raja who is with team trump what they thought about it. making it very clear what they thought about it.

what else have you learned about these internal messages of about fox executives? we are seeing this at the short level, but what about fox executives. they're involved, they're acquiescence, their support of this? >> this really saturated fox at a level from the producer level, from the host level, from the fox news executive ranks and also from the fox corporation ranks. i think that's what's so interesting. rashad, a former white house spokesman person term fox executive, heads the parent company. they are flagging instances which they think are threatening to the fox brand. those instances tend to be what anchors like neil caputo would fact-check trump's election lies on air. that was considered too raw shaw a threat to the fox brand. it's not just the fox -- rupert murdoch and the other murdoch's. they made that very clear to

their subordinates. >> they went all the way to the top. thank you very much. next, we saw a lot of stars at the academy awards last night but we also got some important reminders why the come back at any point in life can be such an inspirational moment. you're ever delivering with freight brokerage to transportation managemement, truckload capacity and dedicated trucks and drivers. ♪ this is how it feels to du more with less asthma... ...thanks toupixent. dupixent is not for sudden breathing prlems. it's an add-on treatnt for specific types of moderate-to-severe asthma. and can help improve lung function for better breathing in as little as two weeks. dupixent helps prevent asthma attacks... and can even reduce or eliminate oral steroids. imagine that. ♪

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[applause] wow wow wow thank you! >> before we go, just to shows never too late to achieve a dream. >> my journey started on a boat. i spent a year in a refugee camp. and somehow i ended up here on hollywood's biggest stage. >> and just years after stepping off that boat ke huy quan was a child actor in some

iconic movies. >> and sending booby traps. we'll be traps. >> but after years of being off the big screen to the point where he lost his health insurance, ke huy quan one and i'll score last night for supporting actor. it just so happens that he appears in the movie more than 30 years ago with another actor who also won an oscar last night and who also had been down it out at times and spent time away from hollywood. >> we took a vote and the computer says the president will be part of our as just organization. >> oh my god! we did it we did it we did it! >> that man brendan fraser won ben best actor for his role in the whale.

>> so this is what the multi verse looks like! oh my goodness! i thank the academy for this. >> emotions. the two stars and their comeback stories proving that it is never too late for anyone. >> they say stories like this only happened in the movies. i cannot believe it's happening to me. this, this is un-american dream! >> and it is real life. celebrated encouraging laden. thanks so much for watching this special addition of that front. cnn tonight with laura coats starts now. laura coates good evening everyone i'm laura coates and this is cnn tonight. just when you think you understand what's going on with this economy, there's something like this. the sudden collapse of