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tv   Andrea Mitchell Reports  MSNBC  March 14, 2023 9:00am-10:01am PDT

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right mnow, inflation cools slightly for the eighth month in a row. easing some pressure on the federal reserve.
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a rollback of regulations on banks. i will be joined by democratic congressman and former venture capitalist josh harder on the next steps to stabilize the banking industry this hour, former president trump taking the fight directly to ron desantis in iowa. >> ron de-sanctiuos. he is aisciple of paul ryan. he reminds me of mitt romney in california, 11 people were gunned down in january, president biden will announce stronger gun background checks i will talk to the congresswoman from that district, judy chu
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good day i'm andrea mitchell in washington, d.c. "the wall street journal" is reporting that the justice department and the securities and exchange commission are investigating the collapse of silicon valley bank and stock seals sales by its executives before the bank went under. they are questioning whether regulators should seen troubled signs in new york signature bank they are scrambling to diffuse political fallout. inflation moderated slightly for the eighth month in a row but is still rabove the fed's 2% goal ahead of next week's meeting to set interest rates. another factor in the decision, the stress on the banking industry from the financial turmoil caused by silicon valley bank and signature bank this recent days. steve leaseman joins us now. the banking industry is
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rebounding after taking big losses yesterday. what about the investigations? we don't know what the investigations in svb might lead to they are pretty proforma given there was stock sales and bonuses ahead of the collapse. >> i think it's my understanding these things are proforma when there's a large bank failure there's two areas of investigation that you highlighted in your opening. the first is whether or not there's specific issues that need to be looked at, specifically whether there was any wrongdoing that was done nothing apparent has come to the fore immediately the other thing is structural and systemic is there something wrong with the supervision system is there something more broadly broken inside the broader banking system that needs to be looked at and investigated and otherwise have rules and regulations changed so this
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doesn't happen again as for stock sales, it seems to have been a regularly scheduled stock sale the bonuses on that friday afternoon, that might be something regulators and lawmakers might want to look at. >> you were on with larry summers yesterday. the president was promising to cover all uninsurred banks other than those two that failed does that put a huge burden on the fdic and the fed >> not necessarily the extent that there are additional losses -- it's supposed to be paid for by the banking system itself through the deposit insurance fund that is funded by the banks i guess perhaps we all pay for it through whatever fees and other things we pay to our banks, either that or through lower bank profitability
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it should not come from taxpayers to the extent there are losses to the fund >> looking forward to the federal reserve meetings next week, does today's inflation number, plus all of this, change what they might do in terms of next week's rates? >> well, i mean, if you were to just look at this number and you didn't have any problems in the banking system, almost certainly the fed would hike by a least 25 and maybe by 50. you are right, this has been coming down. but it remains too high for the federal reserve. the concern at the fed is that people start to embed in their expectations the idea that inflation will be high in the future and doubt the fed's considered buicredibility to brg it down. you have to see whether this tightens less economic activity furthering the possibility of a recession. that's really dis-inflationary over time. the trouble is the numbers the
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fed has right now, the inflation numbers from today don't include that prospective possibility that things will worsen because of the banking situation right now. we need to see -- as you said, the bank stocks are doing better today. the government guarantee or the implicit guarantee is a little bit more -- more confidence in it i did talk to a senior official. is it implicit, explicit he said, a central component of the strategy has been sending a clear message to depositors, including those beyond the two banks in receivership, that their deposits with safe if another bank fails again, the uninsured depositors will be insured. >> that's something that's very strongly coming from the treasury that's such an interesting information from your interview. the president was sort of
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projecting that in saying that they were going to do everything they could to make sure that this did not spread. >> yeah. the reason why there is no blanket insurance -- first of all, it's not the law. the law is up $250,000 so people who are watching at home, if you have $250,000 in the bank or less, that's insured. the question is those over it. they need a finding of systemic rinki risk >> steve, thank you very much. joining us is banking committee member chris van hollen how would you judge the way the administration has responded, especially compared to 2008? >> i give the biden administration very high marks for the way they responded and responded quickly.
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first of all, making it clear that they are not going to bail out the owners or investors in silicon valley bank. but also assuring depositors, all depositors that they will be held harmless. that was an important step to make sure that employees throughout the country who work for different companies that bank with silicon valley bank got paid payroll and to prevent cont contagion. they moved quickly and effectively. now, of course, we need to conduct a full postmortem to figure out everything that went wrong to prevent this kind of thing from happening going forward. >> you voted against weakening dodd-frank 67 voted in favor of rolling it back there was a lot of lobbying on this, as you would be well aware. wasn't that a big mistake? >> i think it was a mistake.
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that's why i voted against it. again, we need to do a full postmortem as to what happened here my guess is there were a number of factors clearly, scaling back the regulatory oversight, which is what that bill did that donald trump signed, is a factor. what that did was change the required stress tests and oversights applied to banks in the range of -- it had been from $50 billion up what that legislation did was scale that back so only banks of $250 billion and up were subject to that more rigorous oversight. i think that was a factor. there are, of course, other factors at play. we will be looking on the senate banking committee as to what we should do. i should mention, andrea, that just last january, the chairman of the senate banking committee
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and i wrote to the fed and the fdic supporting measures they have undertaken, a rule making they have undertaken to try to reduce risk in the system. until just the other day, republicans on the senate banking committee were criticizing the fed for moving forward on those actions again, let's take a full review of what happened and then take the necessary action >> "the wall street journal" is reporting that the justice department and the securities and exchange commission are investigating the bank's collapse and those stock sales by its executives. what concerns do you have about management decisions and bonuses? >> well, certainly, there were very bad management decisions. there are two issues, as you have been discussing one is whether there was outright wrongdoing, crimina wrongdoing with respect to insider trading. we don't have any facts on that
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yet, with respect to stock sales. even if there was no insider trading here, trading on that inside information, i do think that certainly the profits from the sales by the owner should be clawed back. we're going to have to be raising fees on banks in order to pay for the uninsured depositors at this bank and other banks. it's only fair that those who profited, at least on the very day this was going under -- or just weeks before that, should have to make a contribution to helping keep depositors whole. >> do you see any chance congress would reverse itself and reverse the rollback on dodd-frank and toughen the regs? >> well, we should whether we roll it back --
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reverse it entirely or in part, my view is that that was a mistake. that's why i voted against it. i am not sure we're going to get our republican colleagues to support it, even though in the last 48 hours they have been pretty quiet about that rollback i understand why but i do think that congress should act i think congress should also fully support the rule making that's been undertaken by the fed and the fdic to try to look at the rules and reduce risks. just in a hearing last week in the senate banking committee, republican senators were criticizing the fed for taking a look at how they can reduce these risks. i hope that will no longer be the case >> senator, thank you very much. china. president biden announcing a major deal to send nuclear
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powered submarines to australia in a move to keep china in check. you are watchingan "drea mitchell reports." this is msnbc. on business inter. (woman) it's a perfect fit for my small business. (vo) verizon has business internet solutions nationwide. (man) for our not-so-small business too. (vo) get internet that keeps your business ready for anything. from verizon. you ok, man? the internet is telling me a million different ways i should be trading. look! what's up my trade dogs? you should be listening to me. you want to be rich like me? you want to trust me on this one. [inaudible] wow! yeah! it's time to take control of your investing education. cut through the noise with best-in-class education resources that match your preferred style of learning. learn your way. not theirs. td ameritrade. where smart investors get smarter℠. if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee. all it takes is eight minutes to get started.
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president biden and the leaders of auctionstralia and t united kingdom announced plans to supply australia with nuclear powered submarines to counter china's expansion. this alliance is known as aukus. speaking at a naval base in san diego, president biden described the partnership during these heightened tensions with beijing. >> aukus has one overriding objective, enhance the stability in the indo-pacific amid shifting global die yndynamics in this first project, it's only beginning. more partnerships, more
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potential, more peace and security lies ahead. >> joining me now is kristin welker i understand you just were talking to administration officials about this this is a long-term plan we are talking about 2030s and '40s for real deployment the chinese ministry is blasting the deal what does the white house say? >> reporter: andrea, senior administration officials with whom i was just speaking are rejecting that criticism by china. they stress that this deal is aimed at bolstering australia, bolstering its allies in the indo-pacific region and is not aimed at one country there's no doubt, andrea, that this move would create a counterweight to china or aimed at that at the very least. the officials stress what we heard from jake sullivan yesterday. there were no surprised here
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that theed a ad ministration wa close contact with those in the region, including china. they were alerted to this. they stressed the point you noted, which is that this is a long-term deal this is not something that's going into affect tomorrow this is something that ultimately would start to take affect in 2030 and 2040. you cannot ignore the backdrop, the tensions between the u.s. and china, the growing concerns about china's aggressions toward taiwan as well as, of course, the fact that the u.s. has expressed concerns that they are considering lethal aid to russia >> and the fact that the u.s. had already announced that they were expanding the marine deployment in the philippinesphs china, from its perspective is seeing as being the aggressor. we, of course, see what they have done in south china sea, claiming that territory for themselves, as being really aggressive and territorial the president was asked yesterday whether he would be speaking to president xi
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he said yes. do we know anything about a timetable for them to talk >> reporter: these officials with whom i was speaking again kind of reinforced what we heard from jake sullivan who said this will take place after the chinese legislative session has wrapped up, which has happened, and once everyone is in place in china. what does the timetable look like at this point in time, there's no call that has been scheduled between president biden and president xi of course, this comes amid concerns about a potential meeting between president xi and president putin. those growing concerns that china may try to insert itself more forcefully in russia's war in ukraine there is some urgency here but again, no specific time line for when that call may take place. >> it's been a month since the president said he would be talking soon i think he said that to your colleague, peter alexander, in fact, on that day.
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thanks very much the faa is holding an emergency summit tomorrow following the january meltdown that grounded all flights across the u.s. and the unusual number of near collisions of commercial planes in an exclusive interview, lester holt spoke to the acting faa administrator about the changes impacting air travel. >> why is this summit so important right now? >> the reason it's so important is that in spite of or because of our incredible safety record, what we begin to see things pop up and things we don't expect -- we expect every flight to operate as it should we have had these events over the past few weeks that gives us a moment to say, let's stop. let's reflect. let's ask ourself the question, are we missing anything? is there anything that we should be doing different remind ourselves, always, always, that we can never become complacent and never take this
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incredible safety record for granted. >> passengers are obviously very concerned about what's been happening. you can see more of lester's exclusive interview with the acting faa administrator on tonight's "nbc nightly news. coming up here, the attack lines. former president donald trump targeting his top rival, while ron desantis dismisses support of ukraine you are watching "andrea mitchell reports." this is msnbc. of delicious s. there's the philly, the monster, the boss. if i hadn't seen it in person, i wouldn't have believed it. eating is believing steph. the subway series. try subway's tastiest menu upgrade yet. think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. time for downy mcbride to go to work. ya'll gotta sniff this stuff! woop woop!
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it's not a competition. listen to your tv dad. drivers who switch and save with progressive save nearly $700 on average. donald trump ripped into ron desantis in iowa monday, escalating attacks against his likely 2024 competitor >> he was very, very bad on ethanol. fought it all the way. he fought against social security he wanted to decimate it and voted against it three times he wanted the minimum retirement age to be lifted to people that are 70 years old a substantial increase over what it is right now. that's a big increase. he also voted to severely cut medicare i will not be cutting medicare and i will not be cutting social security
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you have to remember, ron was a disciple of paul ryan. who is a rhino loser to be honest with you, ron reminds me a lot of mitt romney. i don't think you are going to be doing so well here. but we will find out those are the facts. >> those are the facts joining us now, vaughn hillyard in iowa. reporter sabrina sadiki and eugene daniels vaughn, clearly, this is an escalation by donald trump he had a big crowd, which is where desantis was two days earlier. >> reporter: right donald trump said those were the facts. actually, some of them were. this is notable for donald trump. some of them were the facts about ron desantis he mentioned ethanol it was in 2017 when ron desantis
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was a member of congress and he voted and co-sponsored legislation to roll back the renewable fuel standard which requires the u.s. fuel supply have a certain percentage of the fuel supply consist of renewable fuels, that includes ethanol, which is a big industry, of course, here in iowa for donald trump to note, he did take this tact eight years ago ted cruz, who had a similar position as desantis, won the iowa caucus. that's not enough for donald trump this go around what's notable is this was the first time that donald trump took on ron desantis by name from the campaign stage. let's be frank, it's not even the first inning ron desantis isn't in the batter's box he is trying on a uniform to see whether he wants to jump in or not. but donald trump doesn't have a batter to bat against. what you saw last night in front of 2,500 is the fact that donald trump hit him on social security
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and medicare reform. you heard him there. it suggests he was a disciple of paul ryan, back to the republican party of old. for donald trump, this is him sending the signal as if you are going to get in the race, ron desantis and leave your position as florida governor behind, get ready. i'm going to play ball >> there's no clock on that batter's box desantis doesn't have to get in right away the fact is that he is going to have to hit back at some point before he declares or after. >> right what desantis is trying to do is resist the tug from donald trump, who has been trying for a while now. this is the first time technically on the campaign trail. he has been doing it on his social media site. to promote desantis into some kind of response to get into a fight with him so he can begin putting him in the trump grinder, which we can tell
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is going to be quite aggressive. he senses a very real threat from ron desantis. desantis is popular with the republican base and donors he is getting huge crowds. his book was the number one best seller immediately within its first week trump feels pressure to run to the right on these issues, like vaccines and education, because of desantis' agenda, which is really popular with the base desantis -- you were right, he cannot not fight back until june when he is hinting he will get in the race. he is waiting until the conclusion of the state legislature in florida there's going to be repeated questions at all his supposed book tour events that are pre-campaign appearances they are going to be questions about trump -- we don't know if ron desantis is up for the response
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>> sabrina, desantis is defining a major split in his own party by coming out against supporting ukraine in the war against russia, telli ing fox news, the u.s. has many vital interests, securing our border, addressing the crisis of readiness with our military, energy security and independencebecoming further entangled in a dispute between ukraine and russia not one of them. marco rubio and is the ranking on intelligence pushed back immediately against those comments let's listen >> sabrina, this is a major fault line in the republican
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party already. is the white house -- you were in kyiv as the only reporter traveling that time with the president. is the white house concerned about loseing domestic support >> i think a big part of president biden's decision to travel to kyiv around the anniversary of russia's invasion in ukraine was to reinforce u.s. support for ukraine in this conflict i think the polling one year later shows that most americans still stand by ukraine you do see a softening in that support when it comes to whether or not the u.s. government should be providing financial assistance to ukraine. i think that's what some republicans are now tapping into i think the real question for the white house would be, what happens if they want to try and move an aid package through congress where it has to get through a new house republican majority house speaker kevin mccarthy has said along with mitch mcconnell
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that it's just an isolated few who don't support ukraine. we stand ready to help that's different when you have to get votes you have a growing opposition in the republican party to support ukraine. that's a major theme in these republican primaries as well >> absolutely. they have enough money to get through september from last year's supplemental. then they will need more money eugene, after mike pence had for the first time really levelled criticism at donald trump, his harshest to date, at the gridiron dinner, but off camera at a private dinner on saturday night, donald trump said in iowa -- i guess on route to "the washington post" on the plane, he said that january 6 would not have happened if mike pence had just taken those electoral ballots back to the state
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legislators. in other words, overturned the election >> i was there at the gridiron dinner when pence said those things we gasped, because he doesn't usually hit back at trump at all. i will say, on pence, he has had to figure out what he is going to with donald trump donald trump will continue to say things like this he has been upset with pence about january 6 from the very beginning, from before january 6 when he was trying to convince him that he had the power to overturn the will of the american voters, which he does not. every legal expert -- most legal experts will tell you that he does not have that power no vice president has seemed to feel like they have that power they will continue to this battle over and over donald trump, he blames mike pence for losing the election and by losing it on january 6, not being able to overturn the will of the voters that is something that mike pence's team knows they ignore that talk because it's nothing new they have heard it over and over >> critics are saying that if he
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wants to criticize what happened on january 6, he should do it to the grand jury and talk to the investigators. >> it's one thing to say it in front of reporters and others where there's no audience, you are not allowed to record. it's not an interview e. didn't put it in the book he is dodging the grand jury. >> the special counsel not a subpoena thank you very much. we have an update from the senate mitch mcconnell has been moved from the hospital to continue his recovery from a fall last week at a rehabilitation facility his office saying in addition to a concussion that he also suffered a fractured rib they have not been specific about any other injuries the 81-year-old senator was discharged from the hospital yesterday and moved to a facility for physical therapy. it's unclear when senator mcconnell will return to work.
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an aide tells nbc news, they don't expect it this week. it could be one or two weeks before he is released from therapy. the ripple affect. what the failure of silicon valley bank may do to the shaky tech sector. that's coming next you are watching "andrea mitche rlleports" on msnbc can now precisely orchestrate nearly 600,000 vehicles passing through their uk port every year. don't just connect your business. (dock worker) right on time. (vo) make it even smarter. we call this enterprise intelligence. zero-commission trades for online u.s. stocks and etfs. and a commitment to get you the best price on every trade, which saved investors over $1.5 billion last year. that's decision tech. only from fidelity.
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so you only pay for what you need! [sfx: limu squawks] whoo! we gotta go again. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ the silicon valley bank collapse is having an mimpact joining me now is california congressman and former venture capitalist josh harder congressman, thank you very much to explain to our viewers, you worked with svb before running for congress what is your reaction to everything that's happened in recent days? >> i think we're at a real inflection point for regional banks. more important than what we saw notice financial crisis or the
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savings and loans crisis in the 1980s. silicon valley bank saw $42 billion of withdrawal in a single day that's not it's a wonderful life in the digital era, confidence can disappear faster than a snapchat message we need more scrutiny to protect other banks and the regional banks going forward. >> what do you see as the impact on the tech sector since they finance so many startups >> i don't want to be in a nation where three or four very large banks based no new york city dominate financial services all across the country regional banks play an incredibly important role. they understand local conditions better than anyone they foster innovation if you look at silicon valley bank's customers, they were working to cure cancer, to enhance our national security. i think what we have been able to do with these emergency measures is protect a domino
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affect from affecting other folks across northern california and other regional banks across the country. we ensure there's more regulation and stability in the sector i want to make sure there's a vibrant role for small and mid-size banks across the nation >> should the dodd-frank rule have been rolled back in favor of the regional banks as it was? >> absolutely not. i think we have seen the mistake of that. i opposed that effort in 2018. we're going to need to do a couple things. first, these emergency measures have been successful, at least so far there's going to need to be a full investigation both of what bank management did. they paid themselves millions of dollars in bonuses hours before this bank collapsed. i'm looking to hopefully claw back some of that money or all of it and trying to make sure it goes towards people that need it we need more scrutiny on
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regulators these banks still should have been more heavily regulated than they were. i think regulators were asleep at the wheel and not anticipating this crisis before it happened. we're going to need to make sure there's higher insurance guarantees and we will need stronger regulations for the entire regional banking industry >> regarding these regulations, just how frustrated are your constituents that these leaders of svb and maybe other banks were permitted to make these risky bets and take those bonuses? which you said should -- >> people are very frustrated. when people hear about a name like silicon valley bank, they think this is mark zuckerberg or elon musk. the folks affected by this are farm workers and the wine making and agricultural parts of my district workers and front line companies
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who weren't sure they would get paid this week and make rent there's an enormous amount of uncertainly. thanks to the measures that regulators put in place this weekend, those folks are going to be able make payroll this week those folks are going to be able to make sure their bills get paid but it's frustrating to see the corruption and selfishness from bank management who put their own interests ahead of workers who were in real uncertainty and danger >> some republicans are calling this woke banking, because the bank was prioritizing things like climate and diversity and took their focus off of the business itself. it seems -- what do you think about applying the term woke now to just about everything >> i don't think anybody would call this woke banking if they talked to the folks making the decisions. if anything, it was the same old selfishness we have seen in the banking industry that goes without enough regulatory
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scrutiny that's happened for centuries. i think some republicans want to avert blame from the bill that passed in the trump administration to roll back some of the bank regulations which could have saved silicon valley bank and the depositors from this period of great uncertainty. what i would like to see happen right now is a real thorough investigation. we need congressional hearings where bank managers are asked tough questions and can answer to the american public for the mistakes they have made. i would like to include regulators in that as well this system did not work as intended part of that blame should fall on regulators as well for being asleep at the wheel and not being able to see this before it actually happened. >> congressman josh harder, good to see you again thanks very much >> thank you executive action in the last few moments, president biden issued an order to strength background clhecks for new gun sales.
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about the ozempic® tri-zone. you may pay as little as $25. if you still have symptoms of moderate to severe rheumatoid arthritis or active psoriatic arthritis after a tnf blocker like humira or enbrel, rinvoq is different and may help. stand up to your symptoms with rinvoq. rinvoq is a once-daily pill that tackles pain, stiffness, swelling. for some, rinvoq significantly reduces ra and psa fatigue. it can stop further irreversible joint damage. and rinvoq can leave skin clear or almost clear in psa. that's rinvoq relief. rinvoq can lower your ability to fight infections, including tb. serious infections and blood clots, some fatal; cancers, including lymphoma and skin cancer; death, heart attack, stroke, and tears in the stomach or intestines occurred. people 50 and older with at least one heart disease risk factor have higher risks. don't take if allergic to rinvoq as serious reactions can occur. tell your doctor if you are or may become pregnant. ask your rheumatologist for rinvoq. rinvoq.
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make it your mission. learn how abbvie could help you save. think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. president biden just issued a new executive order to
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str strengthen background checks as he is heading to monterey park, california the order directs the attorney general to clarify who qualifies as a firearm dealer, which would lead to more background clhecks. it commissions a report on how firearms are marketed to minors. joining us is judy chu whose district including monterey park she will facilitate meetings between the families and the president. you served three terms as mayor of monterey park what does the president's stop there today mean to the community? >> our community still has a deep hole in its heart, a hole yet to heal. to have the leader of our nation come console our grieving community is just monumental and it will make a difference to so many. to hear directly from him, how
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much -- how much consolation he wants to offer to them in their grief, in their terrible tragedy, and so, yes, this is very meaningful. >> and how can a ban on high capacity magazines like what the monterey park shooter used make it through congress if the president can't do it? when the party had control of both chambers and it can't be done by executive order? >> these high capacity magazines have no place in our society in fact, this shooter had a semi-automatic pistol and enhanced it with this high capacity magazine, which allowed him to make 42 rounds of shooting in a matter of minutes. and so, these have to be eliminated high capacity magazines and assault weapons were banned for ten years in this country, so it can be done, and it did, in
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fact, save lives, so no matter what, we have to continue our call to ban these high capacity magazines and assault weapons. >> during the oscars on sunday night, you tweeted a photo of the cast and the crew of "everything everywhere all at once" holding their pre-oscar nomination dinner, the film went on to win seven oscars after 11 nominations. as a trailblazer, how meaningful are those oscar wins >> it was just incredible. and in fact i did meet the producer of this movie, "everything everywhere all at once." he said they made the deliberate decision to have their pre-oscar nomination dinner right in monterey park to show solidarity with what had happened but i just have to say, we are so heartened that it got so many academy awards because it just shows that people in america can
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embrace the asian american experience and that they can see asian americans as incredible actors and actresses >> and the context, of course, we have got new fbi data showing that hate crimes against the aapi community are up 200% you have been the target of xenophobic attacks, house colleague congressman gooden questioning your loyalty to our country. you say you're the target of the right's new mccarthyism. is history repeating itself in the way you and others are being targeted >> well, there is this xenophobic mccarthyism that is happening right now from the extreme members of the republican party and, yes, this congress member from texas accused me of not being loyal and said i should be investigated as being a spy for china. this is outrageous and it is disgusting and reinforces the
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stereotype that asian americans are forever foreigners in their own country. and this comes on top of the fact that we have been fighting antiasian hate crimes due to trump calling covid-19 the china virus. in fact, there were 11,500 antiasian hate crimes over the past three years and there is this type of mccarthyism on top of that right now. >> a lot of that was promulgated by former president trump in the way he was, you know, demeaning china and connecting the virus to china and to all, you know, to other people in the community. thank you very much, congresswoman judy chu i know it is going to be an emotional day. hopefully it will be of some comfort to the community, which suffered so grievously thank you for your service. >> thank you thank you so much. i want to talk -- >> thank you, congresswoman chu. and i want to talk about another
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member of congress, former congresswoman and leader of the woman's movement, in the 1970s and '80s, who many of us had gotten to know, pat schroder who died at the age of 82. she was the first woman to serve on the house armed services committee and became a thorn in the side of ronald reagan. when she arrived in congress, there were 14 women in the house. now there are 125. one male law malawmaker questioo she could be a wife, mother and member of congress at the same time she said i have a brain and a uterus and i use them both she never became a committee chair, in fact, the conservative democrat and chair of the armed services committee made schroder and congressman ron dellums, newly elected black congressman from california, share one seat on the committee schroder recalled him telling her, the two of you are only worth half the normal member, so they sat cheek to cheek one chair, each trying to maintain
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their dignity. when they refused to let her travel with the congressional delegation overseas, saying i wouldn't send you to represent this committee at a dogfight, there she is with shirley chisholm, another trailblazer. she was the primary sponsor of the national child protection act of 1993, played a key role in passing the violence against women act in 1994, a strong advocate for the breast and cervical cancer mortality prevention act to help women get screenings she briefly explored running for president in 1987 but dropped out in a tearful farewell speech that led to a lot of ridicule from a lot of quarters pat schroder was a fearless advocate when it was tough for women in many sectors. her daughter says she died from complications of a stroke. and that does it for this edition of "andrea mitchell reports. follow the show online, on facebook and twitter at mitchell reports. chris jansing reports starts right after this
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we're the ones getting it done. we're managing type 2 diabetes and heart risk. we're on it with jardiance. join the growing number of people who are on it with the once-daily pill, jardiance. jardiance not only lowers a1c, it goes beyond to reduce the risk of cardiovascular death for adults with type 2 diabetes and known heart disease. and jardiance may help you lose some weight. jardiance may cause serious side effects including ketoacidosis that may be fatal, dehydration, (that can lead to sudden worsening of kidney function), and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis or an allergic reaction, and don't take it if you're on dialysis. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. a once-daily pill that goes beyond lowering a1c? we're on it. we're on it. we're on it with jardiance. ask your doctor about jardiance.
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good day i'm chris jansing live at msnbc headquarters in new york city. meet the new trump, same as the old trump. after a sleepy start to his 2024 campaign, the former president cranks up the outrage machine in iowa, launching attacks on everyone from ron desantis to transgender athletes so is that the key to winning
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the state after he lost it i