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tv   Chris Jansing Reports  MSNBC  December 13, 2022 10:00am-11:00am PST

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i'm on my last life. what happened to the other eight lives? hola señorita, do you like gazpacho? the wishing star will give me my lives back. is the great puss in boots asking for help? you ok? si. i am good. the dark forest. we step through as one. one, two... after you. wait, what? [ screams ] dog? still alive? only in theaters. good day. i'm lindsey riser in for chris jansing live at msnbc
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headquarters in new york city. here's what we're following. a new poll shows former president trump's support among republicans is cratering, but his ideas aren't. can trumpism survive without donald trump. plus an arrest in what authorities are calling massive years long fraud involving $2 billion. the man accused, crypto company co-founder sam bankman-fried now facing extradition. what's next for him and where did all that money go? and nuclear fugs is no longer the stuff of science fiction novels. could the latest breakthrough by u.s. scientists be the key to a future of clean unlimited energy. author of "the god equation" joins me to break it down later in the show. we're going to start with former president trump boxed in by growing legal troubles as the justice department special council gained steam. and rapidly losing support among his fellow republicans. some stunning new numbers today from "usa today" poll show
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republicans by a 2 to 1 margin say they like trump's policies, but not trump himself. in fact, support for his reelection bid has dropped more than a dozen points in five months, partly due to his worsening legal issues. and those aren't going away any time soon. just yesterday we learned the justice department special counsel widened the net in his investigation into the 2020 election. he's now subpoenaed documents from georgia's secretary of state and election officials in nevada raising the numb of states that have gotten subpoenas to six. all of this comes as we wait potential criminal referrals from the january 6 committee. i want to brick in jonathan lemire, host of "way too early." and barbara mcquaid, law professor and msnbc legal analyst. let's talk about this poll. it shows a huge number of republicans and conservative independents now want trumpism
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without trump. but 31% say they want trump himself. just last week newt gingrich told the times he worries about a trump anti-trump war that basically guarantees that biden rinse winns reelection and democrats control everything. is this a real concern among people you're talking to? >> around trump, certainly it is. they know he has a hard base of support. that's about it. 31%, maybe a little higher in the republican party who are going to be with donald trump no matter what. but they say some of this particularly around governor ron desantis is right now a blank canvas. republican cans paint what they want on him. and he hasn't been vetted on the national stage at all. the more people get to know ron
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desantis, the less they will like him. that's a pretty biassed answer there. you would be hard pressed to have a worse month than donald trump has just had. that month since he kicked off his 2024 campaign. that's not great. he has seen a number of legal investigations mount against him. he mused on social media about terminating the constitution, which led a lot of republicans to come out against him. including those local to the former president. we're in the very early stages of the campaign. it does suggestion that trump itch is here to state. >> i want to bring in ali vitali. on top of everything jonathan laid out, we have the midterms
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in which a lot of hand picked candidates didn't perform very well. are we seeing any reaction from republicans on the hill that they are starting to shift away as well? or will r they still full steam ahead? >> reporter: i think it depends on which side of the chamber you're on. here in the lower chamber, much of the finger pointing seems to be within republican ranks it's why we're seeing kevin mccarthy have sufficient a difficult time as he tries to become house speaker in trying to get the 218 votes that he needs from within his conference. on the senate side, though, it's not surprising because mitch mcconnell's relationship with trump is far different than the one that kevin mccarthy enjoys, but on the senate side, a lot of hand ringing over candidate quality and the way that many of these winnable races in places like pennsylvania and georgia happened because trump's hand picked candidates became the republican nominee. so certainly that's one of the lessons they are learning on the senateside.
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the point that lemire makes is important to think about. the idea even if it's not trump, many of his key and signature issues, the trumpisms, are very much at play here. especially in the house where republicans are about to take control of the gavel. look at the investigations that they are prioritizing. all of it is meat for the base and much of it popular liezed by donald trump himself going after dr. fauci, members of the current administration, origins of covid, hunter biden's laptop, all of these key things we heard about from donald trump for years and continue to hear about are things that now house republicans given subpoena power, given the gavel, given control of these committees, are able to now tangibly sink their teeth into. whether or not they find anything is perhaps beside the point because all it does is show they are willing to do what trump has long been talking about, which is investigate the investigators and dig into the sort of breathless conspiracies on several of the fronts that republicans are about to embark
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on. so really the vibe here on the hill is less wanting to talk about the trump day-to-day and more wanting to focus on what they can do now that they have the power. >> i think it's a question also of what people actually want to see. do they want the to see governing or some of the investigations. according to this poll, neither trump nor biden get a ton of support. about two-thirds of the people polled are against either of them running. what does this tell you about what voters are looking for come 2024? >> reporter: i think there's some fatigue around donald trump on the national political stage. joe biden has had a pretty good run right here. but yet there are concerns about his age. he's turned 80. people around the president say, look at his legislative record. it's really impress i-. look at how the democrats did the in the midterms. historically successful. they say that he is the one person who can beat donald
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trump. but what we also are seeing though is republicans at risk of becoming that much more extreme. there are a lot of issues facing this country right now. inflation, still high. there are issues with the economy. and yet the republicans coming into power seem solely focused on investigating biden and the people around him. hunter biden, the president's son, and they seem to be out of step with where a lot of the american populous would be. however, maybe not out of step where base republicans are. republican who is have for years now listened to donald trump, listened to conservative media, who are convinced there must be something wrong. in a strange way, the republicans are almost beholden to voergts to hold out these investigations even though the electorate doesn't care about them. >> ali vitali also nodding there agreeing to your point. let's shift over to the legal issues because the special
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counsel has now reached out to election officials in six states. essentially calling for any and all communications involving trump, his campaign and a series of aids and ally who is assisted in his effort to overturn the 2020 election. so what does this tell you about where the special counsel might be in the investigation? >> it tell mess a couple things. communications records are important putting together a criminal case. if you can find e-mails or memos documenting phone calls or recordings of phone calls as we heard in georgia, you can do a lot of good in had terms of developing the evidence of trump or his associates mind sets in reaching out to these states in an effort to overturn the election. so really important piece of information. and i can see why jack smut would want it. but the second thing that tells me is for the love of god, how could they not have this already. i'm sure he came in and said tell me about the comes of it.
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certainly you already have records between the trump team and all these secretaries of state. no, so now he's asking for it. so in some ways, it's encouraging they are looking in the right places and others it's discouraging they haven't asked for this stuff. >> i want to ask you about new text had messages from mark meadows just revealed by walking taug points. the website says, quote, the texts are rife with links to advocacy for power grabs. we should note nbc news has not independently verified these messages, but there are a couple glaring ones here. one lawmaker talking to meadows saying that trump should declare martial law. another pushing legislatures to appoint pro-trump electors. what are the legal implications here? >> well, you have to look at them in context. you have to look at them in light of other things and the
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precise language matters. but e-mails can be incredibly valuable admissions against the individual who made that statement. obviously, they made it at a time thinking they were for mark madow's eyes only. so people are unguarded in what they are saying or suggesting. but to suggest things like martial law or to ask stats to replace the elector, that can be some very serious stuff. it depends on whether they are seeking to overturn the law, to subvert the election, but it's certainly some evidence of that crime. so should the justice department charge any of those individuals with either conspiracy to defraud the united states, or obstruction of an official proceeding, those e-mails would make excellent evidence in those cases. >> thank you all very much. barbara is going to stick around. first, americans are finally getting a little breathing room when it comes to high prices. numbers out this morning show the pace of inflation fell to
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7.1%, still high, but down sharply from the summerer. it's also better than what economists were expecting. this morning president biden said it's one more sign that things are getting better. >> look, i know it's been a rough few years for hard working americans and for small businesses as well. for a lot of folks, things are still pretty rough. but they are bright spots all across america. >> joining me now is christina. what do these numbers mean for everyday people could they affect the decisions from the fed on raising interest rates? >> i would say this is the coolest report we have had all year. not necessarily something for dinner parties, butt the rate of inflation is now starting to increase at a much slower rate. 7.1%, that is good news. you can see the chart on your graph. but that's still really high. airline fees are up 36% year
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over year. auto insurance is climbing. a lot of services are climbing. that's because wages are still climbing. the labor market is stul strong. to answer your question, the federal reserve has a meeting tomorrow. the market is still anticipating a 0.5% increase in interest rates. maybe next year you might start to see that cool down because we're heading in the right direction, but that still means an increase for all of us. that means an increase in moirge rates, credit card debt. when the fed hikes rates, that increases debt for everyone. we have seen this reflected. this report is good news, but it's a start. we still need to see further reports showing an easing of prices before the federal reserve says, hey, that's it, we're going to stop increasing rates. if anything we'll start decreasing it we're probably still several months out or even longer. >> stay tuned for that decision tomorrow. thank you. we are following breaking
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news from the justice department. officials just announced that denmark's largest bank has pleaded guilty after the u.s. accused it of using the american financial system to facilitate money laundering on a massive billion-dollar scale. ken dilanian is reporting on this story for us. so what can you tell us about this company and this case? >> the bank pleaded guilty to one count of spoors to commit bank fraud and the company has agreed to pay a fine of $2 billion. although this case hasn't been in the news much here, it's been described as one of the biggest money laundering scandals in history. the justice department saying the bank defrauded u.s. banks by allowing high-risk customers access to the u.s. financial system through its branch in astonia. the bank lied and deceived american banks to pump billions of dollars of suspicious and criminal funds through the u.s. financial system. the deputy attorney general said
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this prosecution was an effort to guard the intelligent tu of the u.s. financial sfrm tainted money. now back in 2019 a probe by a law firm found $200 billion of outside money had flowed through the bank's astonia branch from 2007 to 2015, and a significant part of that was found to be suspicious. a whistleblower notified management about this problem as far back as 2013. and those findings led to the resignations of the ceo, bank employees and a chief even committed suicide this case is notable as they are trying to put the squeeze on them it shows how wealthy vimgs are able to avoid sanctions. the bank that helped them wasn't able to evade u.s. justice. >> thank you so much for breaking that down. prosecutors say he built a house of cards on a foundation of deception. today the fdx founder is in the
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custody of the bahamas. the charges he's facing and how old it could take to get it extroo dieted. a major scientific breakthrough that could change the way the world is powered. and millions bracing for brutal winter weather. the dangerous conditions on the way. you're watching msnbc. ngerous c way. you're watching msnbc. my a1c stayed here, it needed to be here. ray's a1c is down with rybelsus®. i'm down with rybelsus®. my a1c is down with rybelsus®.
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biden administration officials met with maul paul whelan's family to try to get the former marine out of russian captivity. the president says he wants the family to know wheal whelan has not been forgotten nearly four years since his arrest on charges of smite speighting. attempts to inkrooud collude him in a dole that returned brittney griner were unsuccessful. but the state department says the u.s. will be creative and relentness in efforts to bring him home. large political donation, we're getting a clearer picture of the specific charges against
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former king sam bankman-fried. he was arrested in the bahamas accused of orchestrating a massive year's long fraud. the feds say he diverted billions of dollars from his defunk trading company for his own personal benefit. the indictment includes charges of wire fraud, securities fraud, money laundering and conspiracy. nbc news correspondent tom winter is following this story and former attorney barbara mcquaid is back with us. we expect a news conference in less than an hour on this case. give us the blgdbackground and how long it will take to get him back to the u.s. >> reporter: so basically we're talking about a classic tale of fraud. according to prosecutors and the s.e.c., and i'm going to talk about the civil components of the case together so we get a better understanding of it. what they essentially say here is that sam bankman-fried and his company took customers'
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funds, so the type of money if you were doing business with fidelity or any type of brokerage, you'd give them money to invest in certain things. you might make those investment choices yourself or rely on them for their advice and to help you make those decisions as well. but generally speaking, if you buy 100 shares of a stock or 10,000 units of a mutual fund, you expect that is yours. that you own it and own it within those respective platforms. what they say here is that sp f took that money and said i'm going to put it where i want to put it and use it to my benefit. a private hedge fund, which the customers funds were used to loans to invest in all sorts of securities including crypto currency it's important to remember back in 2000, a single coin for bitcoin traded at $64,000 per coin.
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today it's shy of $18,000, according to what we just checked before coming on the air. that's a precipitous drop. over time there became to be a cash crunch, which was exacerbated this fall when a crypto currency that was coined by ftx was liquidated by another if you remember. it was at that point that prosecutors allege that the spf had no close. they began to realize this company was not putting their money where i they thought it was going and instead was going to the things you mentioned there, the political donation, the lavish real estate and other investments, which was a violation of law. that's what they have alleged here. they have charged eight counts in the southern district of new york. that press conference a less than 40 minute was. then there's a separate civil suit filed that contained additional details and points
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out the number of tweets that were sent and public statements from spt that were misleading at the time that he sent them and that the company was not nearly in the condition it was when he was telling customers that everything was okay. as far as his location, he's still in the bahamas, unlikely we see him in court. we would expect him to already be with here in order to be presented before a judge. so there's no indications just based on my experience covering these courthouses, no indication we'll now see him today. it's possible that he could be in court either tomorrow or later this week. that is if he's extradited from the bahamas. >> so prosecuting fraud cases is hard enough. let's compound that by the fact that people don't understand maybe 50% of what tom winter just said let alone how crypto currency works. how difficult of a task is this for prosecutors? >> it's definitely a challenge.
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one of the things you have to do is explain to a jury how this all worked and why it's a crime. but even though this is a very complex case in light of crypto currency and the international transactions and the hedge fund component, at the end of the day, fraud cases are really all about one thing. lying to steal money. if i were giving the opening statement, i would say something like some people use guns to steal money. sam bankman-fried used lies to steal money and then talk about the lies and the tweets and the public statements. it's not a crime to make mistakes in investing in terms of poor risks and losing money. sometimes there are all kinds of investment funds that go belly up, but the crime is in lying about it. because people are entitled to have accurate information so they know what they are et getting into when they give you their money. if you tell them one thing and do another, that's a crime. so i do know this indictment is bare bones in its language. often times you'll see a
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speaking indictment with a lot of detail. that says to me they are keeping their options open in terms of how to explain this. it also suggests this might have been a hastily drafted, designed to head off his planned testimony before congress. >> so tom, barbara talked about what people are entitled to. between $1 and $2 billion of customer funds have disappeared. is there any chance that people will see any of their money? >> there's a couple different mechanisms by which that can happen. barbara is probably a better expert on this. but there's two separate paths one is through the bankruptcy court. so there's going to be a list of creditors, depending upon how the investments were strurd. there's some people that are kind of the first ones to get any money should any money be recovered. then from there it goes down a list. how that's structured and how that comes together is something for the bankruptcy court to
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decide. it's something which is a lengthy process just based on covering prior bankruptcy court hearings. on top of that, there's the indictment of forfeiture allegation. they are going to try to seize certain bank accounts. anywhere with this money exist, it was ill gotten. prosecutors move to get that and then typically they contribute that through various channels and victims funds. we saw that in the bernie madoff case. >> we'll have to leave it there for now. thank you. two of the country's largest pharmaceutical changes will pay a combined $10.7 billion over time, which will be distributed to states, local governments and federally recognized tribes. this is part of a settlement over allegations they failed to adequately oversee prescriptions. a major scientific breakthrough. the discovery just announced by
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the biden administration that marks a a huge step toward clean energy and away from fossil fuels and how it could one day cut the cost of your power bill. you're watching "chris jansing reports" on msnbc. watching "chg reports" on msnbc. ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪
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there's a major scientific breakthrough in what our next guest calls the holy fwral of energy. scientists used a massive laser to produce a nuclear fusion reaction that creates energy just like the sun. it has huge implications for clean energy and gets us one step closer to great cating an unlimited supply of electricity with zero carbon magss. here with me now is josh letterman and also a professor of theoretical physics. he's also the author of "the god equatio." josh, give us a peek into the future here. how could this change life as we know it? >> i think lind down the line, a discovery like this could potentially free us from the fundamental conflict that's at the heart of climate change, which is that the things that we like to do as modern human
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beings like drive our cars and heat our homes and fly on airplanes create emissions that are bad for the planet and causing global warming. so there's sort of two phases of how cow yould see this transform the future. the first was if we can get an unlimited supply of clean energy that doesn't produce magss through nuclear fusion, then you take that energy and use it as electricity to power all of the things that we're doing like our driving and heating our homes and using our computers, then you could start to see how we can maintain the kind of lifestyles that we have now without potentially contributing to global warming in the future. the energy secretary describing how significant that breakthrough is. take a look. >> simply put, this is one of the most impressive scientific
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feats of the 21st century. it would be like adding a power drill to our tool box in bulding this clean energy economy. >> so you hear that. not as a panacea, not that we stop doing wind and solar and geothermal and cleaner forms of energy. but this is a tool that could play a significant role going forward in weaning us off fossil fuels. >> professor, you call @ holy grail. it was an engineering marvel beyond beliefs. how big of a deal is this? >> it's the holy grail of putting the sun in a bottle. think about it. the universe uing fusion. why does the sunshine? the sun is a fusion reactor. in california they took 200 laser beams, shot them on to a tiny pelt of lithium, heated it up to a temperature of a star and they extracted more energy
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out than they put in. not only that, these fusion reactors do not melt down. they do not melt down. they do not create nuclear waste. and believe it or not, the basic fuel for that is, sea water. hydrogen from sea water can be used to power this fusion future. this is not going to happen overnight. this is just the first step. the next step is to scale it up. so we can power not just the village, but an entire city. stage three is to commercialize it so we had fusion reactors around the entire planet earth. so this is a game changer. it means that the energy fuel supply could become literally inexhaustible. no waste. think about it. what's there not to love with this kind of scenario? but it will take a few more
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decades of hard work before we can commercialize it, before you can find one fusion reactor in your neighborhood. >> so professor, i want to talk to you about the risks. do you see any potential risks? there's the infrastructure challenges like you said creating a reactor in your neighborhood. but what do you see as some things that scientists will really need to watch for? >> in a worst case scenario, let's say the power goes off in a fusion reactor. some of the hot gas hits the walls and the walls melt a little bit, but then it stops. the reaction stops at that point. so it's self-regulating. now in a uranium plant, it's different. the decay heat goes on for days, weeks, even millions of years. and so our nuclear reactor accident in a conventional plant is forever. in a fusion plan, the reaction basically shuts off. it shuts itself off in case of a
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problem. and nuclear waste, it produces a little bit of helium gas, which is commercially valuable. a little bit of steel, but other than that, that's it. no gigantic mausoleums of nuclear waste plants are required for a fusion reactor. clean, safe, uses sea water for fuel. this mother nature's choice. mother nature does not use uranium. the entire universe, there are no ir uranium nuclear power plants. all nuclear plants are fusion reactors. >> fascinating. thank you both so much. for our terminally ill veterans, federal health care benefits can't come soon enough. that's why the va is announcing a big move that gets them help. veterans affairs secretary is here to explain, next. you're watching msnbc. rate to sa still disrupts my skin.
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the va is on a blit toss make veteran who is suffered from toxic exposures get the hefl help they need as quickly as possible. you may remember president biden signed the pact act in august saying veterans who breathe toxic smoke deserve better care. now the access to that care will be ready on january 1st. it happened in part due to the work of comedian jon stewart, whose years of advocacy break the log jam of republican opposition. >> i'm not sure i have seen a situation where people who have already given so much had to fight so hard to get so little. i hope we learned a lesson. >> i want to bring in dennis mcdonough. thank you for joining us.
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>> thank you for having me. >> so for many veterans, these benefits can really mean the difference between life and death. time is of the essence. how are you making sure that everyone who needs this care immediately knows how to get it and get it is as soon as possible? >> well, thank you so much for the opportunity to talk to you about it for precisely that reason. we're amplifying this new law this week in particular. too often va has said to veterans, fit your life into our programming. make sure that you fill out our forms. make sure you come to us. this week is all about us going to veterans. 95 different events in each of the 50 states. we have already hit many of them early in the week here. we're going to veterans to tell them what is available to them and then how to access it. so on each of these events across the country, we're going to have claims clinics. we're going to have teammates
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there helping veterans fill out those forms. then we're going to get in a position for us to rapidly review those claims, get those benefits to those working families, as you say overwhelmingly, middle-class families to whom some extra money every month is going to make a difference. we're going to get this done. >> secretary, if somebody can't make one of those 95 events across the 50 states, where can they go for the same information? >> please come visit us at va.gov/pact. or call us at 1 hfr 800-many-va 411 and we'll get you started on that. we'll get you in touch with somebody that did finish your claim. we'll get that claim filed and process it and get you going. >> nonterminally will patients will start january 1st, earlier than expected.
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we know the va is sort of had a reputation for being a slow moving bureaucracy. how have you been able to speed up this process? >> we adopt a major opportunity. we see this law a as a major opportunity for us to adopt a new way of thinking about benefits claims, new way of thinking about care. we're putting the vet at a the center of everything we do. we're not expecting vets to fit their lives into our programs. we're making sure that we fit ourselves into veterans' lives. that's what we have done. that's why starting yesterday veteran who is sadly are struggling with a terminal illness, we began processing their claims yesterday. there's already more than a thousand of those that we have worked through. we have been able to go in some cases through our automated decision making tool so that we can review as many as 4 million pages of documentation to help
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us make those decisions more quickly. so we're going to use the best available technology. we're going to use proven practices. we have the u.s. government's best workforce. then gng to keep the vet at the center of this thing and make sure we get it done. >> secretary, you mentioned automated review. for veterans listening who maybe have experienced some of log jams, are you also staffing up these offices? >> we are. and just in the course of the last year, anticipating this issue coming down the pike. because president biden made very clear from the day he told me to take this job, he made clear we're going to fix this issue of burn pits. so anticipating that, anticipating those moves, anticipating this new law, in the last year we have hired 2,000 additional people to review claims. that's a start. that's not enough. we're going tb adding that many additional people in the year ahead. and we're going to use new tools
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like this technology to make sure that we process these claims quickly. also, we're going to make sure we stay in direct touch with veterans like we are this week so that they know what to expect from their claim. too often in the past, vets have sent their claim in and heard nothing but crickets. we'll make sure we're staying in touch with veterans and their members of congress so they can get and can get an answer in a transparent time. >> va.gov/pact. secretary, thank you for your time. >> thank you for having me. i appreciate it. it has now been one month since a community has been on edge and for families without answers as police and the fbi dpo over thousands of tips tied to the murder of four college students. still no suspect has been named.
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they haven't been able to find the murder weapon. now police are turning their attention to a white hyundai in the area around the time of the murders to see if the owner might know something about the attack. the father of one of the students says time is running out. >> it's going to be a cold case if we don't do something within the next week or two. >> now students are finishing up their final exams before break, some are still debating whether to return in person in the spring. inside a california courtroom today, rapper megan thee stallion is expected to testify. the rapper making it clear to rolling stone, i want the him to go to jail. he pleaded not guilty and his attorney telling nbc news, quote, i think we're confident the jury will find my client not guilty and will be exonerated of all the charges. snow and icy conditions are
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pummelling states across the country right now. while others brace for what's to come. we're live in a city in the middle of the mess, next. my name is austin james. as a musician living with diabetes, fingersticks can be a real challenge. that's why i use the freestyle libre 2 system. with a painless, one-second scan, i know my glucose numbers without fingersticks. now, i'm managing my diabetes better, and i've lowered my a1c from 8.2 to 6.7. take the mystery out of managing your diabetes and lower your a1c. now you know. try it for free at freestylelibre.us (singing )i'll be home for christmas. you can plan on me. please have snow
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right now, a huge part of the country is either getting pummelled by a winter storm or bracing for one. the worst of the storm hitting the northern plains as it heads east. shaquille brewster is in minneapolis. freezing rain, ice, how are people handling it? >> reporter: it's still on its way. no precipitation right now. we did have a wintry mix today and that's going to be coming and picking up later in the day. that's why officials here are turning these massive hills of sand. they're loading up dump trucks and sending them on their way. they're prepositioning them throughout the city so when those conditions come the streets will be ready in commuters will be able to be safe as they're going through this evening's commute. the reason they're so concerned is because it's the same system that out west caused about 4 feet of snow in some areas.
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that gave colorado its first blizzard warning in warning in two years and that in the south caused these massive tornados. we have video from texas where they're going through a damage assessment right now where officials say there are downed tree lines, downed powerlines and trees. you see the damage from the buildings there. we're also hearing in grapevine, texas, a similar story where officials are going through, checking the situation there. more than five people have been hospitalized. and you have some stores that are completely closed now as officials are looking at possible tornados there. now you mentioned this massive system. it's moving east and heading east and we're going to be dealing with the effects of this for some time. minneapolis getting a rain and sleet. not just today, but really throughout the rest of the week. but when you get to the east coast, you're bracing for a mess by the end of the week. we're talking about rain, snow, and the concern of ice where
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those temperatures are floating between the freezing line. so officials say this is a massive storm. millions of people are affected. are hit with those weather advisories. and that's why the guidance right now, listen to what those local officials say because this is having different impacts in different parts of the country, but all from the same system. >> keep safe. thanks so much. the nba has unveiled a stunning new mvp trophy now named for iconic basketball star, michael jordan. the award now called the michael jordan trophy will go to the regular season mvp every year. jordan, of course, won the mvp trophy himself five times and in a subtle nod to the number he wore on his jersey for years and his six nba championships, the trophy is 23.6 inches tall and weighs 23.6 pounds. moments from now, the first semifinal match of the world cup
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will kick off. argentina and star lionel messi face croatia with a trip to the final on the line. the argentinian team has been waiting for a shot at the trophy since losing in the final 1-0 to germany back in 2014. the final match is sunday. the winner of this game will face either france or morocco. that does it for us this hour. katy tur reports starts next. katy tur reports starts next vis i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com first, there's an idea and you do something about it for the first time. then before you know it, you make your first sale
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good to be with you. in just a moment, the u.s. attorney's office in the southern district of new york will hold a news conference on the arrest and indictment of sam bankman-fried. he's accused of a whole lot including wire fraud, commodities fraud, securities fraud, money laundering and campaign finance violations. in layman's terms, prosecutors say he stole from and lied to his customers, misusing billions of their dollars, transferring their investments to pay the expenses and debts of his own crypto hedge fund while also using them to make his own investments. he was arrested yesterday in the bahamas 24 hours before he was supposed to appear in front of the house financial services committee to testify on

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