Skip to main content

tv   Morning Joe  MSNBC  March 15, 2023 3:00am-7:00am PDT

3:00 am
of caveats, jeffries and mccarthy disagree on a number of issues political policy issues and also mccarthy's decision to hold over the capitol riot tapes to tucker carlson. >> the two big flashpoints on the horizon. it's surprising for now they're getting along. thanks to all of you for getting "way too early" with us on this wednesday morning. a jam-packed morning joe starting right now 19 times it's been reported. this is dangerous. this is reckless these are things that could lead to escalation. i'm glad the biden administration responded forcefully and they didn't
3:01 am
overrespond. i hope it doesn't happen again >> former u.s. ambassador to russia michael mcfaul with his assessment of the russian confrontation of the u.s. drone over the black sea we'll have much more on the diplomatic implications of the incident just ahead. plus, some republican lawmakers are pushing back on comments from ron desantis about russia's invasion of ukraine with comparisons to neville chamberlain. things got tense between ari m melber and donald trump's lawyer an interview that's incredible revealing in many ways a little later on "morning joe. it's wednesday, march 15th we have the host of way too early, jonathan lemire, david
3:02 am
i ignatius mark mckinnon. first, we start with the new information that we're learning about a collision that occurred yesterday between a russian fighter jet and an unmanned u.s. surveillance drone over the black sea. the united states european command reports around 7:00 local time yesterday two russian jets began to track the drone as it traveled in international airspace, above the black sea, according to a u.s. statement, the russian jet's quote dumped fuel on and flew in front of the drone in a reck lless manner. one struck the drone's propeller which forced the u.s. to bring
3:03 am
it down over the water the russian ministry of defense denied that its jet made contact with the drone at all. what's the latest and what's your analysis on what happened here >> so, mika, i was able to talk to pentagon official who was able to see the footage, the surveillance footage from the cameras aboard the drone the first russian pilot speeds ahead of the drone in what he described as a juvenile manner, dumps fuel, aviation fuel in front of the drone, it doesn't cause any damage just was described as an immature action, but a second drone that's -- a second russian jet behind the drone began to accelerate sharply and comes up behind it
3:04 am
without good control and that's the one that clips the propeller of the drone which is in the back of the drone, this person describing what you can see on the film says that the second pilot simply didn't appear to have adequate control of his aircraft so, the u.s. has made demar -- it's like the secretary of defense austin will call his counterpart in moscow today. it's likely general milley will try to call -- in the larger scheme of things i'm told this is a big's cla toir move it's fascinating that the footage showed just a lack of adequate control of these planes by the russians who were flying them. >> david, we certainly know
3:05 am
there's been questions about training and equipment russian military has displayed they like to be reckless and provoke. you say at least for now, u.s. officials don't think this is's cla toir, any changes or shifts going forward. more communication with the russians to prevent something like this from happening again. >> the patrol routes had recently changed we were going a slightly different path over the black sea but nothing was unusually provocative, maybe the russians were adjusting to the new course no, i don't have the sense there will be any big changes. just one instance of so many different moving parts in this war, this surveillance, various electronic warfare that go on. in this case it's said because
3:06 am
of poor pilot performance by the russians we ended up knowing about it i'm sure in the days going forward people will be more careful. you don't get a sense there's a desire to have a lot of these. >> the growing concern on the front line of the war in ukraine where after a year of fighting ukraine's forces are getting bogd down in russia's war of attrition, the quality of its soldiers was ukraine's advantage but after a series of protracted battles for the ongoing battle for bakhmut, ukraine has suffered massive casualties, 120,000 ukrainian soldiers have been killed or wounded since the war began. these officials estimate that number is around 200,000 on the russian side as the war grinds on
3:07 am
there are questions surrounding ukraine's ability to launch its anticipated spring counteroffensive and david, you know this is dragging out and it was inevitable that ukraine would see massive losses, the question is, the support they're asking for help really fill the void now that is in ukraine's army with manpower and with machinery and airpower that will help them continue to push back the russians >> so, mika, i asked officials in the pentagon last night about the report in the post which was disturbing i think the feeling is that this is a brutal battle in the east especially around bakhmut. the losses each side is sustaining a static front over
3:08 am
terrain of little strategic importance is draining for both sides. ukraine's ability to mount a significant counteroffensive u.s. officials continue to be fairly confident that the pieces are in place, units are being trained outside of ukraine, they've got the armed equipment, new vehicles, they've got as much ammunition as we can provide them over the next several months that offensive is going to happen we don't know where. the other thing that i hear is, continuing concern about ammunition supplies, the ukrainians feel they don't have enough, they need more americans say ukrainians have to stop firing that exceed the specific rate of fire
3:09 am
they've slowed down now to stretch out the ammunition supplies they got. we were reminded this week just how terrible the human carnage is for the ukrainians in this battle >> we'll turn the circus on the politics on this republican senators are pushing back against one of the leading voices in their own party. for controversial comments he made about the war in ukraine. yesterday, a handful of gop lawmakers broke with florida governor ron desantis who on monday dismissed russia's invasion as a quote territorial dispute and said defending ukraine was not a vital interest of the united states >> it's not a territorial dispute in the sense that any more than it would be a territorial dispute if the united states decided that it wanted to invade canada or take over the bahamas this is an invasion.
3:10 am
>> i just think that's a misunderstanding of the situation. i think the governor of florida has been a great governor, in my opinion if you don't get ukraine right this is a chance to stop putin before it becomes a bigger war. >> historically speaking the importance of keeping vladimir putin in his lane. >> it's a concern of me. a number of individuals who are looking at the 2024 race and we'll find out whether or not the rest of the field feel the same way. >> senator graham also had this to say, the neville chamberlain approach to aggression never ends well. this is an attempt by putin to rewrite the map of europe by force of arms. meanwhile, republican senator john cornyn of texas said i'm
3:11 am
disturbed by it. i think he's smart guy i want to find out more about it but i help he feels like he doesn't need to take that tucker carlson line to be competitive in the primary it's important to support ukrainians for our own security. john, a number of different things here. >> yes, indeed. >> so many different places to go here, but let's start with ron desantis who sounds so trumpy >> well, yeah. governor desantis, welcome to the nfl, the united states senate like graham all of them welcoming what they see is the provincial semigovernor to florida. their province hey, you might want to read a couple of foreign policy at least white papers and history before you start talking in the
3:12 am
context of international security so there's a little bit of that first of all second of all it's hilarious to see people, lindsey graham said this is the neville chamberlain approach, and another senator said, i hope he doesn't take the tucker carlson line. i hope he doesn't take the donald trump line that's kind of what this is all about ron desantis, i don't want to say the words right flank, but let's say the maga-flank, if he's the guy who's going to be one-on-one with donald trump on issues like this there's no daylight between him and trump that resonate with the maga part of the base. they'll say essentially the same thing in different terms, different words that ron desantis will say about ukraine. skeptical of u.s. involvement in this dispute
3:13 am
spending money on this dispute you have ron desantis to make sure there's no daylight between him and donald trump they're willing to criticize desantis or anyone else, they won't make their obvious point which is this is all about ron desantis to wade into the foreign policy waters, doesn't necessarily know those waters very well. one thing he knows, no way for someone, for donald trump to say ron desantis is a globalist, ron desantis is on the side of nato and europeans. he's trying to find his way. >> i mean, i'm just curious, is this just an imitation of donald trump. maga republicans out there going to trump rallies are sitting there going, i'm really thinking about putin and i want him to
3:14 am
cozy up to putin is that the mainstream maga thinking it seems to me whatever trump says at his rallies, no matter what he says, something disgusting or hurting somebody they all clap, but does he -- i guess my question, why so trumpy ron desantis why do you need to do this >> two things, one is that -- there's a large isolation streak in the republican party. they see it as keeping america out of foreign entanglements it's not the wing that lindsey graham or mitch mcconnell represent, but the part that donald trump capture on his way to the white house and still has a hold on.
3:15 am
governor desantis realizes it's going to be impossible to be the candidate without the maga part of the party across the board americans are -- republicans in particular but americans and some democrats are increasingly skeptical about the amount of money spent in ukraine. a very interesting debate in the republican party these other candidates, who are more kind of traditional republicans, they're going to find out, they'll have to test their views out there if they say they're with lindsey graham and they have to stand with president zelenskyy. >> we should note how warmly
3:16 am
these comments are received in russia both saying we should be less involved in that war putin hang on to november 2024, get a republican in the white house who won't be nearly as eager to help zelenskyy and kyiv members of the gop have broken with some maga-inspired talking points a handful of gop lawmakers responded to claims by primetime host on fox news that the january 6th insurrection was much ado about nothing >> i think it's bull [ bleep ] when you see police officers assaulted, if you were just a tourist you should have probably lined up at the visitors center and came in on an orderly basis. >> it was a mistake in my view for fox news to depict this in a
3:17 am
way that's completely at variance with what our chief law enforcement official here at the capitol thinks. >> to somehow put that in the same category as you know permitted peaceful protest is just a lie >> so, mark, what do we think, the sign some members of the republican party growing a backbone, hey, there are two things we can create daylight with trump about, january 6th. >> people who have a vision of the future of the republican party think that put that in the rearview mirror and lets move on and the notion that tucker carlson and others want to replay different versions of january 6th when we've all seen the tape, we've all seen it, and
3:18 am
the notion is this is to be for full transparency. i think democrats, my democratic strategist friends are clapping their hands and jmping up and down let's keep relitigating it. >> so we also have vice president mike pence the circus, you caught up with mike pence about this could re-rake those republicans holding up the piece of paper? i want to play that again. if you out there watch morning joe but maybe have some fox news-loving family members you really need to show them this, okay, you really need to show them what the republicans are saying about the whole tucker
3:19 am
carlson thing, january 6th and anybody who's trying to make it anythingless than a violent, deadly insurrection. and an attack on our democracy do we have pence should we go with pence first? or re-rake mitch mcconnell again, this is for your fox news-loving family members take a look. >> i think it's helpful. >> it was a mistake in my view for fox news to depict this in a way that's completely at variance with what our chief law enforcement official here at the krapt thinks. >> it was not just rowdy peaceful protests of boy scouts. to somehow put that in the same category as a permitted peaceful protest is just a lie. >> these guys are doing the right thing for america. mitch mcconnell, we hope you're feeling better
3:20 am
don't agree on everything but they're taking a stand on disinformation and that's the right thing to do at this time in our history we also have vice president mike pence caught up with him by the circus, let's take a look at that oh, i'm sorry we don't have the soundbite. >> i will say this, mika, about your fox news-loving friends play that clip for them, they would say what donald trump would say about mitch mcconnell. the old crow is what donald trump likes to call mitch mcconnell. >> so, john, i agree with you, i
3:21 am
agree with you everyone's going to listen to donald trump but these are republicans who were there it's just an opportunity for fox news-loving family friends to take a look at republicans who were there, who perhaps vice president mike pence could speak on this or you could tell us about this interview my bigger point, they were there and they're republicans. who do you want to believe fox news-loving family friends i believe you'll go back to donald trump for anything. no matter what you say about donald trump, they go, yeah, but. they come up with a conspiracy theory from a website that's based out of somewhere else instead of a news organization that checks its sources. i understand that but it helps to see mitch mcconnell holding up that piece of paper and saying, no we're not going with this
3:22 am
disinformation that happens on fox. we're not going to help spread this the way fox does. we won't do it anymore i think it means something >> itcertainly makes -- we're certainly right to applaud it in the sense there's no dispute on what happened on january 6th we've seen the video over the course of the last two years not like there's any confusion about this if you believe your eyes what happened on january 6th. not to take anything away from them i'm glad these republican senators are standing up and speaking the truth and taking a shot at tucker carlson who's doing this ridiculous thing by propagating these conspiracy theories. it's not just they're like doing it because it's good for america. they're doing it because it's
3:23 am
political suicide for the republican party to not move past january 6th their attitude is like, yes, the right for america. if the republican party keeps clinging to the notion that the election was stolen, the con xirsy theories they'll pay a price politically. they're like, they're turning to the tucker carlsons and by implication donald trump's part of the party, just shut up you're leading us down the path to losing. it's both self-interested and in the interest of the country to dispel the truth about this. i have to say, i mean, is it good i'm for it is it changing a lot of minds among maga minds no >> you got top republicans saying to fellow republicans who for some reason still find
3:24 am
themselves needing to be trumpy that it loses -- this is a losing position. they're saying lose, lose, lose, you've heard it from joe, he can go through each loss in depth. but donald trump is a losing proposition. don't stand with him it gets you nowhere. it gets you somewhere in a primary and nowhere in every other possibility. and they really want the maga base-loving republicans to shut up just shut up stop losing. and they can't ron desantis now is obsessed, some weird addiction to saying things that are trumpy it might get him somewhere in tampa, florida, tallahassee, but look at where the country is, check out the midterms, check out where people stand on guns and abortion and take a look at
3:25 am
where this country stands on our democracy, we love it. we don't like insurrections. only donald trump does so jen is here, so the circus is complete mike pence met up with the circus to discuss the republican primary field. >> hey, everybody. i saw an interview you did last week, you thought that president trump was the only person who could have beaten hillary clinton in 2006? >> i o >> i kind of think the same thing. time for the republican party to move on. how you made that case without alienating his supporters which is the republican base. >> now more than ever i think you're going to see republicans come together around the kind of leadership that will meet this moment and i'm very confident
3:26 am
that our voters will choose the right standard bearer who will lead us to victory in 2024. >> oh, my god. oh, jen. i mean, jen. >> i know. >> i'm sitting here waiting for him to say, history will judge donald trump on january 6th. oh, that's right he only says that when there are no microphones, nobody to actually show what he said, because that would hurt donald trump, his friend, you can't hurt don-don he can only say, i'm going to talk about what's good for america. donald trump tried to kill you now you want to lose more. >> revealing that pence said what he saidt at gridiron dinner he wants to say this he wants us to know this
3:27 am
he wants reporters to know this. but he still doesn't have the -- doubt think he's in the interest or have the courage to say that on camera and have the public see it and you know it's not -- no one -- none of this is working i went to davenport on monday for the trump rally that was there, desantis was there on friday trump comes to davenport on monday, twice as big a crowd as desantis i talked to people at cpac and pence's event at robert jones university everyone i talked to assume, even at the pence event, even when john and tim miller on the show last week were down in florida, people think that donald trump is going to be the nominee. i grew up in the bay area during the 49er glory years, oh, like,
3:28 am
i like steve young but joe montana is my quarterback. the maga base like desantis, but donald trump is our guy. >> welcome to 2028 >> john, this is my point. this is why mitch mcconnell tells to me lays very important and what the republicans were saying about january 6th and putting down a marker on the truth. we'll take whatever we can get and i appreciate it. i know there are a lot of other issues but i appreciate them pushing back on donald trump on january 6th at the very least. jen stay with us still ahead the lawyer representing donald trump in stormy daniels' hush money case tries to explain to ari why the former president is innocent it's revealing you'll hear it you'll want to see it.
3:29 am
plus new reporting on the possibility of more legal trouble for donald trump this time, it's money tied to his social media company how many legal cases can he manage at once also ahead, expert analysis on the latest inflation report and what it says about the state of our economy steve ratner is here with charts you're watching "morning joe." we'll be right back.
3:30 am
you've got to try period underwear from knix. designed to absorb the same as 8 tampons, they're machine-washable period protection that fits your life. since 2013, millions of people have switched... so try it for yourself at knix.com
3:31 am
3:32 am
we must finally hold social media companies accountable.
3:33 am
it's time to pass bipartisan legislation to stop big tech from collecting personal data on our kids and teenagers online. ban targeted advertising to children. ♪ ...i'm over 45. ♪ and teenagers online. ♪ i realize i'm no spring chicken. ♪ ♪ i know what's right for me. ♪ ♪ i've got a plan to which i'm sticking. ♪ ♪ my doc wrote me the script. ♪ ♪ box came by mail. ♪ ♪ showed up on friday. ♪ ♪ i screened with cologuard and did it my way! ♪ cologuard is a one-of-a kind way to screen for colon cancer that's effective and non-invasive. it's for people 45 plus at average risk, not high risk. false positive and negative results may occur. ask your provider for cologuard. ♪ (group) i did it my way! ♪ live look at the white house at 32 past the hour. we'll get to donald trump's legal woes now with a potential indictment looming, potentially in matter
3:34 am
of days, john, just before we get to this i'm curious, because my gut instinct has been telling me, and i just want to know what you think, like, is it going to start and end for donald trump with stormy daniels? >> i'm going to avoid at this time hour of saying anything risque i don't think it's going to end with her the various potential for indictment that donald trump faces on multiple legal fronts this one i can't imagine that this will be the end for donald trump. there are many people who will say, this is, was this will be a thing that will help make donald trump the republican nominee at least, because this will look to a lot of those people you love,
3:35 am
your warmth was on display in the last block, the maga will see the weaponization of the legal front against donald trump. this will make him more of a martyr in their eye. >> but the rule of law doesn't care about that. the rule of law is whether or not someone is guilty of a crime.proven guilty. didn't this whole thing started with stormy before he became president. here's trump's attorney for the stormy case. he was on ari melber's show. a couple of tense moments.
3:36 am
take a look at tacopina the lawyer. >> why was trump hiding and lying about it at the time he lied about it take a look. >> did you know about the $130,000 payment to stormy daniels? then why did michael cohen make this -- >> you'll have to ask michael. >> a lie to me is something material under oath in a proceeding. >> i said a lie. >> that's not a lie? >> here's what that's not a lie. >> here's why -- >> put your paper down here's why it's not a lie. because it was a confidential settlement if he acknowledged that he would be violating the settlement. was it the truth
3:37 am
it's the truth by him doing that, by him doing that, it was abiding by not only his rights but stormy daniels' rights. >> you're having a strong reaction here. he did lie about it. in a confidential settlement you can say no comment or i'm not getting into it. he said, no, i didn't know about it he knew about it on the misdemeanor case, which is -- >> there's no misdemeanor case. >> we can put to individuals who had trouble with misdemeanors. it seems you're saying, well, yeah, you know -- >> i'm not. >> he lied it wasn't really legal services. >> i didn't say that his lawyer advised him to pay -- he was reimbursing his --
3:38 am
>> it sounds like you're one not a campaign finance crime >> it's not. >> misdemeanor, maybe. you're kind of admitting kind of the misdemeanor. >> please don't put those words in my mouth. >> those were legal services. >> his lawyer classified them as legal services he relied on his lawyer. >> joe, tacopina, are you really glad you took this case on the body language was brutal when you're reaching over to the person trying to get a narrative going that's impossible you're in bad shape a new report this morning reveals federal investigators have looked into former president donald trump's social
3:39 am
media company for possible money laundering sources familiar with the matter tell the guardian, the probe involves the social media's acceptance of $8 million from a source with suspected russian ties n anyone surprised joining us is hugo lowell. i'll let john take the first question here. >> tell us the story we got a couple of headline there is >> russia, russia, russia. >> the fact they're looking into the truth social thing is a new line of inquiry from federal investigators. >> well, there was an existing criminal investigation into trump media, the parent company of truth social that started last year. then towards the end of last
3:40 am
year, what happened was they got a tip and they started looking at basically two $8 million payment tas came through at a time they were cash poor, because it happened late because of the fec investigation they went and got bridge financing from first a bank, then in february 2022 they got a second loan of $6 million, two different companies, as it turned out, they're pretty much one in the same company and if you trace the beneficiaries back you get to the nephew of a putin ally who was the first deputy justice minister in russia and previously served in putin's executive office when you look at the whole thing, difficult to know there's going to be exposure here. but the optics of trump coming
3:41 am
out of the white house his first business venture is getting loans from conduits from offshore banks is not a great look. >> you democrats and you fake news hounds all you want to talk about is russia, russia, russia with no basis whatsoever it's outrageous. never any evidence >> hugo, you obviously wired into trump world closely what's the sense right now as to the level of concern what's the degree of worry now >> yeah, there was i mean, some saw the 2 million and the later 6 million really no information about the people who were lending $8 million to
3:42 am
truth social company, $12 million in cash. 8 million a significant portion of what they had in their account. going back to the beginning in december when the first 2 million was coming in the lawyer e-mails don junior the 2 million is coming in what are we going to proceed with this? he goes, thanks, much appreciated. let's go ahead with it somehow don junior ends up getting involved later in february and then spring 2022 when they're trying to audit these payments there's flags raised for trump media. they realize actually 8 million out of the 12 million is such a big segment we don't want to return it. >> the guardian's hugo lowell, thank you very much for your reporting. now, to other news, multiple
3:43 am
federal investigations are under way into the lead-up and envenn chul failure of silicon valley bank the nbc news has learned that the justice department is investigating the bank's collapses according to three sources familiar with the matter two of the sources say the investigation is still in its early stages but part of it will look into company's executives' stock trades before it altered tell us what exactly investigators are digging into. >> sure, you have investigators both here and in washington d.c., san francisco and s.e.c. investigators in san francisco looking at the overall collapse of silicon valley bank now a lot of experts we have spoken to and in your own reporting you found one of the things that people are going to look at really closely are stock sales made by executives of the banks in the years and in the
3:44 am
months and in the weeks in the run-up to the collapse of the bank did they know something? did they know about the weaknesses in the bank >> so i want to know what the broader picture here in terms of looking at other banks is the situation okay? the mistakes at silicon valley bank be repeated at other banks? >> so i think we've said many times and this has been reported quite often that silicon valley bank was in some ways a unique and exceptional bank, it really focused on a single sector of the economy, startup sector. it had an extremely online user base as well when problems seemed to arise at
3:45 am
this bank this was a group of people, of customers, who went online and said things, we need to withdraw all of our money so, again, a slightly unique situation there. also i think it would be wrong to say chairman powell was raising rates. he signaled this loud and clearly for a long time. they mismatched their assets they weren't making the money to offset the risk. i think invest gators are going to look at stock sales and moves made by banking executives in the final weeks to shore-up capital for the bank. >>. coming up, yesterday's inflation report came in a bit stronger than economists had expected steve rattner said the fight to tame rising costs is far from
3:46 am
over, though, he joins us with charts straight ahead on "morning joe." research shows people remember ads with a catchy song. so to help you remember that liberty mutual customizes your home insurance, here's a little number you'll never forget. did you know that liberty mutual custo— ♪ liberty mutual. ♪ ♪ only pay for what you need. ♪ ♪ only pay for what you need. ♪ ♪ custom home insurance created for you all. ♪ ♪ now the song is done ♪ ♪ back to living in your wall. ♪ they're just gonna live in there? ♪ yes. ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ somewhere out there is that one-in-a-million. only pay for what you need. someone who thinks with their hands. who can shape raw materials into something meaningful. and who wants to serve in their own way. if you're out there.
3:47 am
if you're looking for more. we're looking too. we're calling on a new generation of builders for navy's next-gen submarines. 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.
3:48 am
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. make it your mission. learn how abbvie could help you save.
3:49 am
3:50 am
all right, ten minutes before the top of the hour beautiful shot of new york city. the sun is coming up a lot of folks are going to want to tune in to hear what's going on with the economy, stocks closed higher yesterday as banks stocks rebounded and new economic data showed inflation is slowing down. inflation rose in february, but was in line with expectations. the consumer price index index increased 0.4% for the month, putting the annual inflation rate at 6% joining us now with some super sized charts former treasury
3:51 am
official and "morning joe" analyst steve rattner. steve, tell us, i love this, new setup you have here. this is really going to help tell the story where do we stand with inflation, the economy, and what are you looking at today >> sure, meika, inflation looke to be coming down if you looked at the headline, but the numbers are squirrely because of covid-related things behind the numbers is more interesting and relevant data. what we've done over here is looked at three-month annualized numbers for the cpi, the headline number you report and everybody reports up front, and then what we call core we take out food and energy, which are volatile and the fed does not look at that closely in terms of deciding how much inflation is in the economy and what they need to do about it. then we break that down into core services, your lawyers,
3:52 am
doctors, travel, all that stuff, and then goods, whether you're buying a new car or something of that sort, and what you see on a three-month trailing basis is the core inflation actually accelerated a bit, that's not good goods inflation is still falling, not as much, but that's okay what fed really looks at is core services and that is rising and that is not a good thing in terms of getting inflation down to the 2% level, which you can see is way below where it is at the moment but if you look over here, one of the reasons for what's going on out there, is the economy has been running stronger or hotter as we say in the parlens than it had. running. coincidentally up until the last fed meeting which they increased interest rates by 25 basis points you can see point over point, the xhuk surprises, so to speak, the data comes in relative to how the economist expected was positive, cooler, looked like the economy was
3:53 am
cooling, and then suddenly it kind of turned around over here on a jobs report for january that came in over 500,000 jobs relative to 300 some thousand expected february jobs numbers came in too hot, retail spending came in too hot, and the fed was facing the prospect of having to increase rates more. the next thing that happens is silicon valley bank. and silicon valley bank has a real effect on the fed in so many different ways in terms of trying to make it easier for the banks, deal with the macro effects on the economy and so forth. what this shows is the progression of the market's expectations what would happen to interest rates. if you go back to the beginning of february everyone thought the pink area, that we would continue to increase interest rates by a quarter of a point. then as the economy got stronger, my second chart with the surprise, people began to think maybe we have to have a 50 basis point, 0.5% increase in
3:54 am
interest rates then right over here, jay powell gave his normal testimony to the senate and you can see that expectations for 50 basis points shot up down to here and people said the economy is hot and we have to cool it off, then comes silicon valley bank and the whole interest rate market flips around and now the betting is 78% that we will get a quarter of a point next wednesday and the balance that will get no increase at all. so this is what jay powell and his colleagues are grappling with, how to balance the fact that economy is still running hotter, with the fact that we are seeing the stresses and strains in the banking system and a lot of other concerns still going on in the banks and your last discussion, there is real concern about other banks and what depositors are going to do and whether depositors are going to flee those banks and what that will do to the
3:55 am
financial system if that happens. >> steve, the super sized charts are spectacular. >> i like them. >> want to go where you finished there, the idea of we saw the banks shares rebounded a little bit yesterday, but there is still concern here something could happen between now and when we will get the decision from the fed how do you foresee this playing out? >> jonathan, this is one of the hardest up withes to scope out you're kind of dealing with the madness of crowds. do people decide it's okay, these banks are safe, and i'm going to leave my money there, or do people decide i'm going to rush into the safest banks there are, the citi, jp morgan, bank of america if they keep their money there, most of these banks should be fine regulators are pouring over their books at the moment trying to figure out what their financial position is, but as long as their depositors stay there that should be okay. if the depositors say i'm out of here, i don't really trust these banks because their stocks may
3:56 am
have gone up yesterday, but they're way down from where they were a week ago, you have a different picture. it's a very, very scary moment and -- very, very scary moment and we have to see how it unfolds over the next nine days before the fed meeting. >> steve rattner, we'll be watching this with you thank you very much. great charts. still ahead, senator chris murphy of connecticut is our guest at the top of the hour we have a lot to cover with him from president biden's new executive order on gun background checks to ron desantis' comments on the russian invasion of ukraine. "morning joe" is coming right back trelegy for copd. ♪birds flyin' high, you know how i feel.♪ ♪breeze driftin' on by...♪ ♪...you know how i feel.♪ you don't have to take... [coughing] ...copd sitting down. ♪it's a new dawn,...♪ ♪...it's a new day,♪
3:57 am
it's time to make a stand. ♪and i'm feelin' good.♪ start a new day with trelegy. no once-daily copd... ...medicine has the power to treat copd... ...in as many ways as trelegy. with three medicines in one inhaler,... ...trelegy makes breathing easier for a full 24 hours, improves lung function, and helps prevent future flare-ups. trelegy won't replace a rescue inhaler... ...for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating,... ...vision changes, or eye pain occur. take a stand, and start a new day with trelegy. ask your doctor about once-daily trelegy... ...and save at trelegy.com. quality healthcare goes beyond prescriptions and procedures. it's about making people feel ca no one knows that better than physician associates because we don't just see patien we see you.
3:58 am
a one-of-a-kind person with one-of-a-kind needs. and we'll never stop going beyon to deliver the care you deserve. see how pas bring human connecti to healthcare. visit pas go beyond dot com. moderate to severe eczema still disrupts my skin. despite treatment it disrupts my skin with itch. it disrupts my skin with rash. but now, i can disrupt eczema with rinvoq. rinvoq is not a steroid, topical, or injection. it's one pill, once a day. many taking rinvoq saw clear or almost-clear skin while some saw up to 100% clear skin. and, they felt dramatic and fast itch relief some as early as 2 days. 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.
3:59 am
don't take if allergic to rinvoq, as serious reactions can occur. tell your doctor if you are or may become pregnant. disrupt the itch and rash of eczema. talk to your doctor about rinvoq. learn how abbvie can help you save. i had no idea how much i wamy case was worth. c call the barnes firm to find out what your case could be worth. we will help get you the best result possible. ♪ call one eight hundred, eight million ♪
4:00 am
when a truck hit my car, ♪the insurance companyed, wasn't fair. eight million ♪ i didid't t kn whahatmy c caswa, so i called the barnes firm. i'm rich barnes. it's hard for people to k how much their accident case is worth.h barnes. t ouour juryry aorneneys hehelpou it's the top of the second hour of "morning joe." welcome back, everyone live look at washington, d.c.
4:01 am
reagan national airport. beautiful purple skies this morning. it's wednesday, march 15th jonathan la here and john heilemann are still with us and joining the conversation we have former u.s. senator now an nbc news and msnbc political analyst claire mccaskill joins us, and msnbc contributor mike barnacle is here as well. it's great to have you all this hour. >> all on set. >> claire does that. >> 100%. >> republican senators are pushing back against one of the leading voices in their own party for controversial comments he made about the war in ukraine. yesterday a handful of gop lawmakers broke with florida governor ron desantis who on monday dismissed russia's invasion as a, quote, territorial dispute and said defending ukraine was not a vital interest of the united states. >> it's not a territorial
4:02 am
dispute in the sense that any more it would be a territorial dispute in the united states decided that it wanted to take over canada or the bahamas this is an invasion. >> there's a misunderstanding of the situation. this is not a territorial conflict it's a war of aggression i think the governor of florida has been a great governor, but, in my opinion, if you don't get ukraine right, this is a chance to stop putin before it gets to be a bigger war. >> i would not agree with him on that i think it's pretty clear, historically speaking, the importance of keeping vladimir putin in his lane. >> most certainly it is of concern to me. we have a number of individuals who are looking at the 2024 race and will find out whether or not the rest of them feel the same way. >> translation for ron desantis, these top republicans, who have access to intel information and a wide-range of information and knowledge on these views, they're saying to you, ron, don't get trump-y on russia.
4:03 am
senator graham had this to say, the neville chamberlain approach to russia never ends well. john cornyn oftexas tells politico, i am disturbed by it i think he's a smart guy and want to find out more about it, but i hope he feels he doesn't need to take the tucker carlson line to be competitive if the primary. it's important to continue to support ukrainians for our own security mike barnicle, where do you want to go with this? >> well, i mean, it's a huge screen being unveiled in front of ron desantis. you got to wonder, did he ever read a book at yale? does he read a newspaper today linking nerveville chamberlain was at least aware of what was going on around him. apparently governor desantis is
4:04 am
not aware of what's happening hour by hour by hour day by day by day in ukraine. it's a war crime a constant war crime an assault on a separate nation, an independent nation. claire, i don't know about you, but when you think about it, the level of shock and the ignorance of his statement, his ignorance of the reality of our world today, is kind of troubling. >> yeah. this is just down and dirty politics he's decided he wants to try to get there through the trump lane and not through the rest of america, and to me, that's a good reason that he should never be president at the rate we're going, putin is going to be a speaker at the republican national convention and they're going to have him -- probably do the keynote address at the republican national convince. >> look at cpac. >> the transformation of this republican party from saying big government is bad, to having a guy doing fairly well in the
4:05 am
polls right now who has run florida as if he's the king, wiping out local governments, wiping out local office holders, imposing his will on educational institutions, banning books, he is a big government, heavy-handed government guy. now we know it's a putin apologist. i think everybody needs to understand that putin -- i mean this really would be like if mexico decided that it was time to take back texas and would that be okay with everybody? >> do you think maybe desantis thinks the war in ukraine is woke >> yeah. and, you know, i've said over and over again, i'm looking -- i see banned books and empty library shelves but i've yet to see a mob of woke. i don't know what it would look like, but i would look for it. >> what he did yesterday, he took the liquor license away from one of the highest hotels in miami because they had a -- >> drag show. >> yeah.
4:06 am
>> he's really tough - >> but he wants to be like north korea and russia and our freedoms to go away. >> they don't want me to speak on the subject mika, go for it. >> i'll take it, heilemann an let you later. joining us, democratic senator chris murphy of connecticut, member of the foreign relations committee. we're talking to you about this. joe biden fended off donald trump in the presidential election, some would argue, to save our democracy interest trump's fascism, but trumpism still exists and it's coarsing through the veins of ron desantis when it comes to russia are you concerned about this >> let me make clear first, thanks for having me, that you can have good faith objections to u.s. support for ukraine. we should always be willing to have a debate about whether it makes ceps or not for the united states to send troops abroad, to support wars overseas.
4:07 am
it's not by definition unpatriotic to question u.s. military involvement in places outside the united states. to claire's point, this doesn't appear to be a good faith objection. the republican party, particularly the trump wing of the republican party, has decided to turn its back on democracy. they have tremendous affection for dictators because they've decided that they would rather sacrifice american democracy if that's what's necessary to stay in power i worry that desantis and trump's support for putin and opposition to ukraine is part and parcel of a broader lack of enthusiasm for democracy and self-governance. i'm willing to have the debate about whether it makes sense to, you know, send money to ukraine. i think it makes a ton of sense because it is just true, if we don't defend ukraine, the entire post world war ii order falls
4:08 am
apart. it is not hyperbole to suggest putin will move on a nato country, which will definitely put u.s. troops into the fight that china will move on taiwan, all of a sudden we live in a chaos world. this is a, frankly, worthwhile and relatively small investment to protect u.s. security and global security in the long run. >> so senator murphy, let's talk about that the war itself at the moment you sit on the foreign relations committee. there's been concerns, we talked the last hour about ukraine running low on ammunition, a lot of its best men have been sidelined, injured or killed, and there may be trouble to launch a counter offensive this spring as much anticipated where do you see things stand right now and what are your concerns >> i think ukraine has defied the odds since the first day of this war the smartest intelligence people in the united states said that ukraine was going to lie down and that putin would be in moscow, in kyiv, within the first few weeks of the war
4:09 am
ukraine has a fighting spirit that is indomitable, and the same things that some people are saying about the ability of ukraine to fight, are more true about the russian side reports coming they are starting to ration food supplies to the russian front, an inability to get replacement parts for some of their most critical machinery. the russians reputed big spring offensive, seems to actually be under way, and it is making absolutely no progress they are just losing soldiers by the dozens in daily fighting so i don't know what's going to happen this summer, but i know that ukraine has stood up to russia, defied the odds and they're likely to do that over the course of the rest of this fighting year and hopefully that convinces putin it's time to sit down and try to bring an end to this conflict. >> chris, you mentioned xi and taiwan i would like to switch our focus for a minute to the middle east and xi bringing saudi together
4:10 am
with iran and what impact that has. is that him sensing a weakness right now, because the inner turmoil in israel over net ya lu getting into bed with the ultra right in terms of what he's doing to democracy in israel and the judiciary? what's going on there? why is xi in these pictures and the united states seems to be sidelined right now in the middle east? >> okay. senator murphy lost audio there. >> darn it. >> yeah. >> i wanted to hear his answer. >> really good question. >> put that question to mike barnicle and see what he has to say. >> i could fill in we're still gathering intelligence i don't have the entire -- >> if you would like to hear about the red sox in spring training, mike has a lot. >> he has much more -- >> it's really interesting what's going on right now. >> in the u.s., china stepped in to play a role the u.s. does they're bridging the gap something the u.s. has been
4:11 am
supportive of and publicly taking the high road here, but senator murphy, i don't know if you heard claire mccaskill's question we wanted to ask you about china's role there in the middle east. >> yeah. i appreciate it. it's an important topic. listen, there's no doubt that china wants to play a bigger role in the middle east, and i don't buy the notion that china's decision to get more militarily involved in the middle east is automatically, by definition, bad for the united states ask yourself, has the united states benefitted by being the sole guarantor of security, being so heavily militarily invested in the middle east over the past 40 years? the fact of the matter is, china has been a free rider on u.s. gulf security, right all of the oil, that matters more to china over the next 50
4:12 am
years than to the united states, is guaranteed, securitized by billions of dollars in u.s. defense spending so i don't necessarily think by definition it is bad for the united states if china shares part of the load of securing the flow of oil outside of the middle east. that all being said, there is no practical, viable alternative to a u.s. security partnership in the middle east, so i don't think we have to worry that saudi arabia or uae is going to turn their back on the united states china still doesn't have the kind of systems that we can supply them. to me, this is good for the middle east, it's good for the united states if iran and saudi arabia are fighting less, maybe it's a little uncomfortable it was china and not the united states that brokered that partnership, but in the end if it makes the middle east less full of confrontation, then that's good for our interests and chinese interests. this is not a complete total
4:13 am
zero sum game. not everything is about the united states winning and china losing sometimes there are developments that can be good for both of us. >> senator, here in the united states there are a few issues more substantial and more pressing than the fact that it's easier to get a handgun than a library book yesterday the president of the united states side a few more executive amendments to help reduce the flow of guns and to help identify gun owners tell us your familiarity with that i know your familiarity on the issue, it's affected you personally and politically, but where are we going here? are we ever going to see real progress >> well, i mean, let me make the case that we saw real progress last year when we passed the first substantial gun safety measure in 30 years. we broke the back of the gun lobby, the nra opposed the bipartisan safer communities act which passed congress last summer and we were able to get substantial republican support for it i think we saw a paradigm shift in 2022.
4:14 am
i think the gun safety movement now has more power than the gun lobby does maybe the most important piece of that executive action yesterday is a move to implement a relatively unknown section of the bipartisan safer communities act. that act changes the definition of what it means to be a gun dealer, a gun seller it requires you to be licensed and conduct background checks. there are hundreds, thousands of small-scale gun sellers across this country selling lots of weapons, maybe 10, 20 a year online or at gun shows, who don't get licensed and they don't perform background checks. that's where the flow of illegal guns start biden's executive order says we're going it to move forward with a new regulation based upon a change made in the bipartisan safer communities act, that will tighten up the definition of who needs to be licensed as a firearm dealer it will result in thousands of more people getting that license and being required to perform
4:15 am
those background checks. that absolutely saved lives. there's a big -- there's other parts of that executive order that matter, but that's probably the most important element of it. >> senator, i want to come back to the topic at the top here which is the questions about ukraine, about the united states support for ukraine in the war with russia. $113 billion we've spent so far on economic and military support since last february. there is, you know -- ron desantis may be out of his depth in a lot of ways on this topic, but it is the position that donald trump has increasingly staked out, the politics of that are pretty clear, and they're in line with a large and growing part of the republican base that questions whether the money that's being spent should have, as kevin mccarthy said, no blank check, right here's the question i have for you, mitch mcconnell's has been a big voice on the republican side helping the biden administration maintain bipartisan support how much of mitch mcconnell's voice missed right now as the
4:16 am
republicans seem to be fracturing over this question? >> well, i listened to the string of clips of republican senators objecting to ron desantis' position and that suggests there are plenty of high-profile republicans in congress who are willing to stand up to this really disturbing anti-ukraine trend in the republican party, so i'm proud of my republican colleagues that are not backing down and making clear that, you know, this is a pretty worthwhile investment for the american people. i think the american people agree. it is true that there are more republicans than before who are following trump's lead, but by and large, there's still a sizable majority of the american public who, frankly, look at ukraine fighting day after day, giving up their lives to defender that their democracy and really understand the importance of that sacrifice and how it relate to the defense of american democracy which is seemingly pretty fragile,
4:17 am
unexpectedly i hope that mitch mcconnell comes back soon. i think he will raise his voice as well. i think there are a lot of republicans making the case that this is a really bad, dangerous direction for the republican party to take. >> senator chris murphy of connecticut, thank you for being on this morning. appreciate it. >> thank you all right. we just heard the senator talking about ukraine's resolve against russia as the kremlin's assault drags on, one frontline city continues to suffer some of the war's most brutal fighting. joining us live from kyiv, nbc news correspondent erin mclaughlin erin >> reporter: hey there, mika if the city of bakhmut falls it will mark the biggest win for russian forces since july of last year with both sides claiming the battle for that city of 70,000 is essential to their victory. the battle for bakhmut is likely the bloodiest of this war.
4:18 am
street to street combat exhausting ammunition and manpower, all for the carcass of a city of little strategic importance, according to u.s. officials. though the ukrainian president insists maintaining control is critical to stop the russian advance. >> the soldiers are fighting for every house, for every apartment building. >> reporter: commands the ukrainian battalion fighting for the city. >> how many russians are dying >> i didn't count, but a lot i don't care about how many russians are dying i'm caring about how many ukrainians are dying these are the best people of this country. >> reporter: the toll on ukrainian forces is reflected in the growing casualty count at this hospital, more than 100 miles away. >> it's all shrapnel. >> reporter: dr. alexi shows us
4:19 am
a table full of shrapnel extracted from the bodies of wounded ukrainian fighters >> bullet. >> oh, wow >> reporter: this patient was very lucky, he says. when the war broke out, 38-year-old vassal left his construction company and family in kyiv to fight he was wounded in bakhmut three days ago the russians are just going and going. there are too many of them, he says for one of our guys, there are ten or 12 of them. >> how do you fight back we prevail because we're defending our land, he says. we have no other choice but to kill them. this is the work of russia's infamous wagner mercenary group led by evgeni per goshen after nine months his fighters have forced the ukrainians across a risker that cuts
4:20 am
through the center of bakhmut. the forces leveraging the waterway to create what the british ministry of defense calls a kill zone. 30 miles from bakhmut, a local church is also being used as a refuge for civilians fleeing the violence 88-year-old yulia arrived here two weeks ago. i'm all alone. i don't have anybody she weeps. her village near bakhmut now a hell scape it was getting scary, she says there was no light no heating, permanent shelling, nothing to eat. yulia has no idea where to go or how she will survive this is everything you packed? yes. she says volunteer owe lex sander says the center accepts 500 to 800 civilians a month to be bussed out to various parts of ukraine.
4:21 am
how difficult is this to see them like this >> it's really difficult because of war russian [ bleep ] from our land. you're destroying a lot of lives. >> reporter: outside the city of dnipro, anger, grief, and a growing sea of sacrifice row after row of ukraine's fallen warriors. on this rainy afternoon, olena is here to support her sister who is too grief stricken to talk she was notified of the death of her ex-husband ruslan who died fighting in bakhmut. he knew how to love, she says. facing ruslan's grave. does his death have meaning? he died for our children, for our country, so that we would be free, she says i want to say to the americans,
4:22 am
live your life like hurry to live, because it may be too late next to ruslan's final resting place a row of freshly dug graves in ukraine, death is inevitable. neither side at this point is seemed to be providing reliable death counts last month the british ministry of defense estimated that russian forces were sustaining some 800 casualties a day. the highest rate of this war and that is playing into the ukrainian assessment that by continuing the battle for bakhmut, they're able to drain russia of its elite fighters ahead of the planned counteroffensive in the spring i was speaking to that commander. he says he can definitely see that happening on the ground he says that he's seen drone footage of the bodies of russian soldiers lying in the streets of bakhmut. he says, those bodies are going
4:23 am
uncollected. guys >> nbc's erin mclaughlin, thank you very much. and before we go to break, a developing story from wall street the markets are dropping sharply right now tied to more concerns over banking the dow is down more than 500 points before the bell after shares of credit seuss hit an all-time low as the swiss lender with large operations in the u.s. tries to stabilize its financial and customer losses. we're going to be following this we'll have much more coming up on "morning joe. still ahead on "morning joe," what we're learning this morning about a showdown over the black sea. senate foreign relations committee member chris coons joins us to weigh in over that encounter between a russian jet and a u.s. drone plus, our next guests ask the question, can we put an end to america's most dangerous myth? we'll explain exactly what that is next on "morning joe.
4:24 am
4:25 am
4:26 am
4:27 am
science proves quality sleep is vital to your mental, emotional, and physical health. and we know 80% of couples sleep too hot or too cold. introducing the new sleep number climate360 smart bed. the only smart bed in the world that actively cools, warms, and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night. proven quality sleep. only from sleep number.
4:28 am
coursing,. it's just about half past the hour and we are 90 minutes into the show. we have a packed show ahead. we've got the secretary of education coming up, senator chris coons coming up, stephanie ruhle with the latest on the banks and kerry washington will be our guest this morning. with us right now the host of msnbc's politics nation and president of the national action network reverend al sharpton joins the table as well. so following a once in a generation pandemic our next guest says it is more important than ever we turn to each other
4:29 am
in times of need in a new guest essay for the new york times entitled "can we put an end to america's most dangerous myth?" the author explains what she calls the art of dependence and writes in part this, because americans are taught that we must go it alone, we often force ourselves to slog through crucial human experiences in solitude, and when we do get assistance, we may feel we must play down the help we've received from our government, our families, or our neighbors the art of dependence means accepting aid with grace and crucially recognizing the importance of others it takes dignity and skill to lean on friends, loved ones and colleagues, and even on the state. dependent, if you think of it, a form connection and social cohesion it brings us closer to others, which at this moment in america,
4:30 am
might be the thing that we need the most and the author of that piece alyssa court, joins us now, "the art of dependence" she writes in "bootstrapped, liberating ourselves from the american dream. i couldn't agree with the thesis here more, especially as it pertains to young adults and young people who i think we're going to find are struggling at epidemic proportions >> yeah. i understand the point of this piece, and i agree that we too often overlook the people that have been essential to our success and too often overlook the help that we've gotten, and i think tempering this idea you can do anything in america with the idea that there's a whole lot of people throughout to help you, is really what this is about. you know, one of the things that i find interesting and i would
4:31 am
love your take on this, is in rural america right now, there is such a political divide and there is such a denial at the economy of rural america, is largely supported, maybe almost 50% of farm income, is government money and meanwhile, they are pounding their chest saying get government out of our lives while they are waiting at the mailbox for the checks from the federal government to make rural agriculture actually work right now in america speak to this urban-rural political divide and the idea of dependency being left out of the conversation when, frankly, it's kind of essential. >> well, i think for rural communities and for farming communities, there's also a fear of loss and one of the things i talk about in my book is loss aversion they feel like, you know, they were once crucial to the economy and they're now being
4:32 am
marginalized i know what you're talking about, but i also think we need to have some sympathy and help them reframe their condition to recognize that they, too, are dependent on subsidies like the ones that you're talking about and their neighbors and, you know, their nation to maintain their lives. the mindset shift is towards this dependence rather than this story we've been fed in this country. >> i think the other side of that, i'll take the urban side of that, is that you have this whole buildup that many people get growing up, some from single parent homes like i was and others, that i can do it by myself, i can do it alone, and really, you wrestle with that you need a whole community moving forward for you as an individual to move forward talk to us about how you must really contrast the reality of
4:33 am
the social landscape with this whole cultural kind of push that it's me, i'm alone, this is how i prove my womanhood or manhood that i can do it by myself, which really is not something that's possible to any real degree, whether it's urban or rural? >> yeah. i think we've been fed this story since the 19th century honestly, and i talk about this in my book, so to try to change that, to try to reframe that so yes, you're right, it's not just people in wisconsin farm communities who think they have to do it on their own, there's a lot of us who do i probably do, you probably do and i think we really need to sort of recognizing our own vulnerability and knowing that the things that are best about this country are done in community, honestly. a lot of the basic human experiences, our biological
4:34 am
experiences are mutual, they're with other people, they're, you know, parenting, they're all sorts of other kinds of connections that have to do with building things together so that's the fundamental point that i'm trying to make, but there's also some political parts of this as well. >> alyssa, find that too often when something terrible or tragic or sad happens to someone, you'll see on twitter suddenly a go fund me is put together and people donate money to try to help, when really, those people shouldn't have to help because there's a sense that there should be, you argue, robust social government programs perhaps, that should be stepped in there should be a safety net that would, therefore, makes those gofundme accounts not needed tell us how you see that kind of collective community effort could defeat this myth that having to do everything on your own. >> so i think it cuts both ways, right. there's this mutual aid and this community, there's something like 12 million gofundme accounts that people have
4:35 am
started for people in their communities, just for medical care, and i think that -- that shows how big it is needed i call it in my book the dystopian social safety net because i mean that to describe things that shouldn't exist, but do, because we don't have adequate care and debt relief also for medical debt and things like that in this country. that's part of the project, is to try to change some of those fundamental understandings and give people who need it more support. i talk to people who have the gofundme accounts for student lunches at public schools or stage 4 renal failure trying to get a van to drive them to their appointments this is very extreme stuff, and all these stories you can find in my book, but i really -- the broader point is, yes, this is good, but it's not enough. >> so alyssa, you mentioned the
4:36 am
word lost a few minutes ago. what do we do about a large nation of loss within us and the loss has been going on, i would submit, for at least the last 20 years? it begins in iraq and afghanistan where they take your children, not my children, and lose your children 2008 rolls around. you lose your income, you lose your house, you lose your hope and it continues and continues and continues up until this day, and they feel they have no one to turn to, that government doesn't listen to them what do we do about that nation of lost people >> well, i think we have to look to the past as well as the future i mean, you look at the homestead act in the 1860s that gave land to people. you look at the g.i. bill that gave support to returning veterans you know, we did have levels of support at different points in
4:37 am
our history that are not as robust anymore so we have to look to that we really need support for more therapy, honestly. there's a record amount of anxiety and depression in young people in this country, post-pandemic and in the midst of the forever wars to some extent after trump, right, people feel emotionally strained, and i'm even thinking we could have a new deal for kind of therapy so people can start talking openly about their feelings, especially like teenagers and children if anyone has kids in their lives there's a lot of anxiety out there it's very hard to find therapy for kids. >> i think that's an important point, social emotional training, regulation this is something that needs to be mainstreamed in our schools to say the least i don't disagree at all on the new deal we should do a whole segment on why that potentially flooez to happen because we are losing a
4:38 am
generation for a number of reasons, whether it be the pandemic, whether it be technology, whether it be social media, whetherit be over exposure to images starting at a young age, we are finding ourselves in a moment that calls for something extremely serious. thank you for saying that. the new book is "bootstrapped, liberating ourselves from the american dream." thank you so much for coming on the show this morning. we appreciate it and coming up, education secretary miguel cardona is teaming up with the head of the nation's second largest teachers union in a push for new investments and they both join us to talk about their ask from members of congress, next on "morning joe." your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain
4:39 am
and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. at stores everywhere without a prescription.
4:40 am
4:41 am
4:42 am
welcome back 42 past the hour a recent report by npr points
4:43 am
out there are many high-paying jobs that don't require a college degree, but several are sitting empty right now. to that end education secretary miguel cardona is sending a letter to his colleagues on capitol hill calling for new investments in career and technical education or cte specifically, investment in cte educators to strengthen the school-to-job pipeline the secretary points out that it is difficult to roll out sorely needed cte programs if there is no one qualified to teach those programs, and joining us now, u.s. secretary of education miguel cardona and president of the american federation of teachers, randi weingarten thank you both very much for being on there are several sectors in our economy that are having problems like this. so, let's talk about how you came together to create this big ask for congress i guess, first of all, mr.
4:44 am
secretary, what's the ask? >> thank you for having me great to be here with randi who is also championing this i saw your last segment. there is opportunity to support our students with mental health, absolutely right there's also an opportunity here for us to reimagine our schools and make sure our students are connected. we're asking congress for $200 million for career connected learning that means, making sure we have robust programs that connect our students to these high-skill, high-paying jobs that are coming i would say there's a tsunami of jobs coming. we need to be prepared to give our students options when they graduate and that's what we're fighting for. >> you know, randi, teachers today are really struggling. schools. in my state there are a number of schools that have gone to four days a week because they can't hire teachers. there's a crisis of substitute teachers then we have this piece where we have an infrastructure bill that is in the works that's going to
4:45 am
demand thousands of critically trained workers that we simply don't have this to me makes perfect sense but i thought the perkins act provided a whole lot of money to high school-aged kids to do this cool-to-work pipeline. is it not adequate what is this money going to do that perkins doesn't do? >> so we have a really fractured school-to-work pipeline, and part of what the secretary is doing -- so a couple weeks ago i was on "morning joe" with gina romando, the secretary of commerce, about how they're using the new chips money to try to leverage school-to-work pipeline programs as well. here i think what secretary is doing is really important because one of the key problems, we have huge shortages schools are the front lines to
4:46 am
all of these problems. i just saw your last segment, too. but one of the most acute shortages is we don't have the nurses to do nurse programs like lpn programs we don't have the welders to do welding programs we don't have the coders to do coding programs. so we need to actually really create these pipelines to get some of these folks into - >> the teachers we need in these technical areas that are probably lured to the private sector as opposed to teaching. >> you can make 20, 30% more in the private sector than in teaching right now and you don't have the culture wars and all the shaming and being called pedophiles and all of this cultural stuff, all this political stuff. but i would actually say it's more than that what the secretary -- what all of the secretaries understand, former secretary walshe understood, secretary ra mando
4:47 am
understand, what secretary cardona understand, this is a whole of government and a whole of society approach. if we want to actually lift up -- because we get a lot of money for perkins, we get about a billion dollars -- if we want to create this pipeline so it's not just, you know, a few kids, 5 to 10% of the kids getting certification from high school to work to great jobs, then we really have to rethink all of this i say this, claire, as a former -- i taught in a ct school in new york city as an ap teacher, but i taught in a ct school what the secretary is doing is trying to really integrate all of these programs for a whole of government and a whole of society approach. >> secretary cardona, i think that the importance of this is that it takes away this whole one-dimensional view that everybody needs to be educated
4:48 am
this way only, and it broadens it to give a lot of opportunity to people that don't come from communities or don't come from backgrounds that may be adept to that i know you're speaking at our national action network convention next month, in a couple weeks, and randi is too tell us the importance of understanding communities that are not always geared toward what we have seen as a one-dimensional, everybody has to be this, or that's the definition of success. there are different levels of being successful, and we have to have people being able to train them in that way. >> absolutely. look, the president is reshaping the economy with the chips and science act, with the infrastructure plan, with the climate provisions of the inflation reduction act. we want to see a reimagination of our pipeline programs over career and college programming, pathway programming.
4:49 am
you're absolutely right, for far too long we've accepted the fact that for many students, high schoolers are just going through the motions and they don't have options when they graduate i graduated from a technical high school. i studied automotive technology for four years, and i had opportunities when i graduated i could have continued in that field. i chose to go into teaching which is the best profession, so i encourage folks who are listening to give that thought, but we have to provide options for our students to be successful it could mean a two-year program, it could mean a registered apprenticeship. you know, al, we have -- when we started, only two states were connected to registered apren t tis hps. today there are 14 the word of the day is apprenti apprenticeships. we want to work with you using the per kips dollars and dollars that congress authorizes to make sure we're helping your students have more options. all students
4:50 am
not all students have the same options. >> mr. secretary, a few moments ago you mentioned the tsunami of jobs that are on the horizon, well-paying jobs but i would submit that there's a tsunami of jobs, well-paying jobs out there now we live in a country where in one sense it's easier to see a doctor in an emergency room than to get a good plumber or electrician into your home whatever happened to the concept of what they used to call trade schools? >> look, we're bringing back options for students who want to go into those fields those are high skill, high-paying jobs we have to revolutionize high schools and pathway programs we're leading that work at the federal level. we have partners like the aft helping us with that work. we're excited about the opportunities. >> all right secretary of education miguel cardona, education, thank you president of the american federation of teachers, randi weingarten, thank you both very much for being on this morning we appreciate it up next, the faa calls an
4:51 am
emergency meeting to address a string of issues in the air and on the runways and it comes as the agency investigates another close call at reagan national airport. we will have much more and all of that, next on "morning joe. lomita feed is 101 years old. when covid hit, we had some challenges. i heard about the payroll tax refund that allowed us to keep the people that have been here taking care of us. learn more at getrefunds.com.
4:52 am
we must finally hold social media companies accountable. it's time to pass bipartisan legislation to stop big tech from collecting personal data on our kids and teenagers online. ban targeted advertising to children. in order for small businesses to thrive, and teenagers online. they need to be smart... efficient... agile... and that's never been more important than it is right now. so for a limited time, comcast business is introducing small business savings. call now to get powerful internet for just $39 a month, with no contract, and a money back guarantee. all on the largest, fastest, reliable network. from the company that powers more businesses than anyone else. call and start saving today. comcast business. powering possibilities.
4:53 am
near collision on a runway near washington >> severe turbulence, to a plane
4:54 am
dropping to within 800 feet of the pacific ocean to, near half a dozen of collisions on runways this year. the acting faa administrator is holding an impromptu air safety summit this morning, telling lester holt in an exclusive interview -- >> let's ask ourself the question, are we missing anything >> the summit comes as nbc news learns of another unsettlings in incident last week at reagan national >> aboarding takeoff >> transportation secretary, pete buttigieg is calling the close call deeply troubling. >> is the airline industry over stressed right now
4:55 am
>> that's something we have to look at. what is going to happen in the future when we have more congested airspace >> representatives from airlines, airports and unions, and at the top of the agenda, identifying what risk factors could be to blame. >> it's usually a complicated diverse set of factors like crew training or air traffic control communication or the lack of runway technology. >> industry experts say flying is still extremely safe, but as the miracle on the hudson pilot, sully sullivan tells savannah, air travel should never be taken for granted. >> we have become the victims of our own success. >> okay. we will keep talking about that. still ahead, the new sub committee on the weaponization of the federal government has started hearings and the ranking
4:56 am
democrat on the panel says so far it's a political stunt stacy phras ket joins us and also senator chris coons, and as we go to bank, new banking concerns has the market red in the market after shares of credit suisse hit a record low, and it has issues with its financial reports from the past two years. this morning, the saudi national bank who is credit suisse's largest investor, said it could not find anymore funding and that sparked a selloff. we will be right back with much
4:57 am
more "morning joe. postmenopausal women with hr+ her2- metastatic breast cancer are living longer with kisqali. so, long live family time. long live dreams. and long live you. kisqali is a pill proven to help women live longer when taken with an aromatase inhibitor. and kisqali helps preserve quality of life. so you're not just living, you're living well. kisqali can cause lung problems or an abnormal heartbeat which can lead to death. it can cause serious skin reactions,
4:58 am
liver problems, and low white blood cell counts that may result in severe infections. avoid grapefruit during treatment. tell your doctor right away if you have new or worsening symptoms, including breathing problems, cough, chest pain, a change in your heartbeat, dizziness, yellowing of the skin or eyes, dark urine, tiredness, loss of appetite, abdomen pain, bleeding, bruising, fever, chills, or other symptoms of an infection, a severe or worsening rash, are or plan to become pregnant, or breastfeeding. long live hugs and kisses. ask about kisqali. and long live life. big pharma has been unfairly charging people hundreds of dollars, making record profits. not anymore. we capped the cost of insulin at $35 a month for seniors on medicare.
4:59 am
whoa. okay. easy does it. we switched to liberty mutual and saved $652. they customize your car insurance, so you only pay for what you need. with the money we saved, we thought we'd try electric unicycles. whoa! careful, babe! saving was definitely easier. hey babe, i think i got it! it's actually... whooooa! ok, show-off! help! oh! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
5:00 am
5:01 am
you will see that work will be the action of the united states if you see such russian drone, very close, for example, to san francisco or new york, what will be the direction of the united states? i don't want any confrontation we are in fear of the pragmatic -- >> that's the russian ambassador to the u.s. yesterday trying to deflect blame from the aggressive action taken by a russian pilot who collided with an american drone over the black sea. we are going to have more on this story in just a moment. it's one of the topics we will be discussing with senator chris
5:02 am
coons, who is standing by on capitol hill it's march 15th. welcome back we are starting with the growing tensions between the u.s. and russia this morning after the pentagon said a russian fighter jet downed an american drone it happened over the black sea south of ukraine keir simmons reports >> a russian fighter jet and u.s. drone colliding in midair is the kind of contact nato has been desperate to avoid since the war in ukraine began the russian plane hit the drone propeller bringing it down according to the u.s./european command. >> it demonstrates a lack of confidence >> putin denied its plane hit
5:03 am
the drone. it happened at 7:00 a.m. in the crowded airspace over the black sea, just miles from the war in ukraine. and russian jets don't fuel on the reaper according to the u.s., before colliding with it and sending the $32 million drone crashing into the sea, and the state department quickly summoning russia's ambassador with the quick condemnation. >> if they want to deter from flying in international airspace over the black sea, then that message will fail. >> the russian ambassador accusing the u.s. of threatening its territory. >> this drone can carry 107 kilos of explosives. >> but it's far from the incident between the two
5:04 am
incidents, and a case of russian jets has harassed the u.s. military a russian jet crossed in front of the nose of a b-52 over the black sea. it's not clear if the latest confrontation was intentional or accidental >> joining us now, democratic senator, chris coons of delaware what do you make of the incident, and also on the ambassador, the russian ambassador's, i guess, explanation, so to speak of it >> good morning, mika. this is yet another incident of russian irresponsibility, recklessness, refusal to follow international law, and we can
5:05 am
monitor activity in the black sea and in the ongoing war of russian russian aggression in ukraine. as we further investigate this incident it needs to be clear that russia's violating international law, that the united states is standing by its partners and allies in europe and we will continue to supply and support the brave unions who are fighting and dying to regain their sovereign territory. >> good morning. david ignatius was on earlier with the reporting that he spoke to pentagon, and they said the clip may have been accidental and shows the sloppiness of their air force, and so comment on that if you know more but it's clear the russians are
5:06 am
provoking and are aggressive, and what is your concern that they could be trying to provoke this into escalating into something different. >> we don't have the deconfliction channels, the ability to talk to each other strategically military to military, which we have long had with the russians. and i think we should wait on commenting, but i do think putin would like to see this war escalate into a broader war against the united states and nato, at least he would like to have that talking point. we should be careful and measured we should continue to support the ukrainians, but if it's not clear that this was an intentional incident we should
5:07 am
do as the biden administration has done, summon the russian ambassador and remind the world who is the aggressor here, and continue our support for ukraine. >> senator, given the lit fuse that is ukraine and russia, and given what happened over the black sea, do you have any sense of the communication at the top of the house, each house, secretary of defense here, defense minister in russia, putin, the president of the united states, any sense at all of communication that might be going on between the two of them as to your last point you made about ukraine, what do we do about the surrender caulk cus on the other side of the aisle from you? >> i can't share anything in detail about what communications may or may not have happened between our most senior military and politically elected leaders, but i will say i am concerned that we have significant voices
5:08 am
in the republican party suggesting this is not a national security interest, and suggesting as the governor of florida just did, this is a territorial dispute, and that would be austria going into court saying our boundary is this side of the river versus that side based on a 1600 treaty russia has invaded ukraine it a war of aggression i think that it's vital to the united states' national security interest for us to stand strongly with our european partners and allies in supporting ukraine's efforts to resist the russian aggression. >> i certainly agree we need to be careful about characterizing this incident. i am frankly pretty sure that nobody thinks a midair collision
5:09 am
with the way to bring down a drone. that's more likely to cause the bringing down of the russian jet and the death of that pilot than it is to cause lasting impact on the american military. on the other hand, i think we have failed. i would love you to speak to this, in connecting the dots for the american people over what we have done to help ukraine and what we are continuing to do i think fatigue that americans are feeling around ukraine, and i know it's not a blank check, and the other side will say it's a blank check and one of the reasons they say that is because i don't think most people understand what we have given them and what we continue to give them with more detail can you help with that >> claire, as a senator who served on armed services and is well-informed about exactly what we have been doing with ukraine, i appreciate the question. in 2014, when putin and putin's forces invaded and occupied
5:10 am
crimea and parts of the donbas in eastern ukraine, the united states and some of our nato partners and allies began providing critically-needed training, national guard to national guard, military to military over the following eight years made a dramatic and steady improvement in the ability of the ukrainians to fight, to fight in a flexible and modern style. when the next phase of this invasion of russia came in february of last year, ukrainian soldiers showed not just incredible will and determination, but the ability to use advanced weapons, javelins and stingers, who have been a successful assault on kyiv by one of the sophisticated militaries in the world, ukrainians turned them back. we have provided tens of billions of dollars of material,
5:11 am
of military equipment, and economic and humanitarian support. our partners in europe has matched much of our giving and welcomed millions of refugees and provided military and economic support, and without all the support ukraine would not be as far as they are in expelling russia's aggression, but without their will to fight they also would not be where they are this is the front lines of the freedom in the world today and a fight that matters when we say we stand with our european partners and allies in protecting the rule of law and saying you can't redraw borders by force >> senator, picking up on the last point on freedom, the fact that russia and china has tried to expand into africa and the caribbean and other places, for the united states to not respond to ukraine and the expansion of russia, would, in the long run, maybe even in the short term
5:12 am
threaten democracy and predumbs around the world, so do you think america is aware of what is at stake, not just ukraine, but the broader picture by the clear indication by putin and others that they want to have a global confrontation between autocracy and democracy and this is one of the fronts they fight on >> that's right, rev i recently went on a bipartisan trip to africa and other countries, and russian disinformation, chinese aggressive investment, has left a significant footprint in a part of the world where the united states was long the preferred partner for development and humanitarian relief and economic opportunity. we need to be attentive to the concerns and needs of the global south, of countries impacted by this war in ukraine and to stand
5:13 am
firmly in those parts of the world and make the case you just made, reverend al, that this is about giving countries options, freedom, and the ability to choose their own future rather than facing aggression at the point of a gun >> senator chris coons, thank you very much for coming on the show this morning. we appreciate it two months after taking control of the house, republican lawmakers have largely put policy discussions aside, and mostly used their power to launch investigation into the biden family and government agencies themselves. that agenda was on display last week during a hearing of the new select committee on the so-called weaponization of the federal government there the panel's top lawmakers sparred over accusations that the government colluded with twitter to silence right wing voices >> i think they are brave to
5:14 am
come -- >> is this your question time now? >> now, i am responding to your ridiculous statements -- >> oh, you can say -- they are asking for your sources. >> i never asked them for their sources. i did not ask for sources. i asked if they were talking to elon musk. they said they were not talking -- you are not going to say i have asked for sources >> wow this looks like -- it's a disgrace on so many levels, the top democrat trying to defend her herself from being lied about, stacey plaskett.
5:15 am
it feels like i don't know what you are getting done what are you getting done? >> i am exhausted watching that. >> i am exhausted for you. >> when you are in the moment, of course, you are always on guard for misconstruing what is happening and twisting facts not in evidence, attempting to go down rabbit holes for conspiracy theories it's the hallmark of the republican party at this time, that they are really about political stunts and not about problem solving. we, on the democratic side, we are continuing to try and put people over politics that's really hard here right now in washington. really trying to deliver for the american people. the committee that you just were displaying there, all of the democrats on my side, we call ourself the truth squad, constantly trying to go against the big lie that is trying to be
5:16 am
perpetuated to the american people >> congresswoman, first, let me commend you on keeping your composure with such ridiculous behavior give us a sense of what the weaponization committee ought to be focused on. there are some very serious and vital issues that should be explored by the committee that it's really been minimized and marginalized by them majoring in things that don't really warrant the kind of attention they want to bring about >> thank you so much yes, they are majoring in the minors right now, when there are issues there could be investigating. how about we investigate how bill barr weaponized -- attempted to weaponize the department of justice, with the election fraud lie that president trump won it, and the
5:17 am
irs, it's impossible to audit individuals that have larger sums of income, and how about we look at a special fbi agent that has been indicted for colluding with russians, and there are things for us to look into, and i listed those to jim jordan at times and he's uninterested. thank you for calling me unprofessional in that exchange, and the maga world is saying i am unprofessional and educated, and of course you are when you are a black woman going up against somebody like jim jordan >> first of all, i love you. i think you are amazing. i think what you are doing is incredibly important when you are doing that, just know that there are millions of people out here cheering you on, because we get it. we get it, what they are trying to do. here's the thing, i think most americans get it
5:18 am
my question to you is this attack they are doing on law enforcement, which is ironic, since they are supposedly the big back the blue party. have you seen any witnesses that are representative of federal law inenforcement, the fbi, that cause you concern or is all of this just making stuff up as they go along and pulling whackos in from the sidelines to try and put their hand in the air and pretend like they are credible witnesses is there anything you have seen sitting on the committee that you think americans should be worried about? >> well, unfortunately we have not seen anything -- it appears there is no there there. they said they have hundreds of whistleblowers, and the three they put forward for a closed door testimony that we have been able to question are individuals who said the fbi are nazi brown
5:19 am
shirts these are individuals that believe january 6th was not an actual insurrection, and they believe the fbi should not go as a s.w.a.t. team to make an arrest on proud boys, and there's no credibility in the witnesses they have, and therefore the claims that jim jordan and those in his party are making, we can't substantiate and need to move on of course they always turn against the police department and always turn against law enforcement when law enforcement is trying to uphold the law. >> all right for the record, i am with claire, so yeah. democratic delegate, stacey plaskett of the u.s. virgin islands.
5:20 am
thank you for what you are doing and thank you for coming on the show this morning. >> thanks. still ahead on "morning joe," several republican senators are pushing back on florida ron desantis' comments about ukraine. we will look at what gop lawmakers are saying on capitol hill and california's attorney general weighs in on president biden's new executive order on background checks, and we will talk about how other states can benefit from california's gun safety and then we will be joined by access, kerry washington you are watching "morning joe. we'll be right back. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free
5:21 am
with a partner that always puts you first. start for free at godaddy.com
5:22 am
5:23 am
5:24 am
5:25 am
monday dismissed russia's invasion as a quote, territorial dispute and defending ukraine was not a vital interest of the united states. >> it's not a territory dispute in the sense that only more than it would be a territory dispute in the united states decided that it wanted canada. >> i think there's a misunderstanding of the situation. it's not a territorial conflict, but a war of aggression. if you don't get ukraine right this is a chance to stop putin >> the importance of keeping vladimir putin in his lane >> we have a number of
5:26 am
individuals who are looking, i think, at the 2024 race, and we will find out whether or not the rest of them feel the same way >> senator graham that you just heard there also had this to say, the neville chamberlin approach to aggression never ends well. and meanwhile republican senator, john cornyn, of texas tells politico, i am disturbed by it. i think it's a smart guy and i hope he feels like he doesn't need to take that tucker carlson line to be competitive in the primary. it's important for us to continue to support ukrainians for our own security john, a number of different things here. >> yes, indeed >> so many different places to go here, but let's start with
5:27 am
ron desantis, who sounds so trumpy >> yeah, first, let's start with this, ron desantis, welcome to the nfl, and it's filled of people that think they should be and could not president like those in the senate, and it's what they think of as their pr pr provence, and you might want to read information before you start talking about that it's hilarious to see people, and lindsay graham says it's the chamberlin approach, and another one said i hope he doesn't take the tucker carlson line, and none of them said i hope he doesn't take the donald trump
5:28 am
line, and ron desantis, let's say the maga flank, ron desantis wanted to make sure if he is going to be the guy going one-on-one with donald trump, there's no daylight between him and trump on issues that matter with the maga part of the base, and donald trump could say something, the same thing, skeptical about u.s. involvement in the dispute, and about spending money on the dispute. you have ron desantis trying to make sure there's no daylight between him and trump, and a lot of the republican senators are criticizing ron desantis, and they don't make the obvious point, that this is ron desantis and wading into the foreign policy waters and he doesn't know the waters very well, but he doesn't want there to be a way for donald trump to say ron
5:29 am
desantis is a globalist and is with joe biden and on the side of nato and the europeans, and he's trying to find his way and he's discovering the waters he doesn't know very well are quite choppy >> is he just a dumdum and imitating trump -- i am serious. do you think maga republicans out there, you know, going to trump rallies, are sitting there going i'm really thinking about putin and i want him to cozy up to putin just like my friend donald trump did that's a good call is that in the mainstream maga thinking it seems to me, whatever trump says at his rallies for whoever is still showing up, no matter what he says, even if it's something disgusting or about hurting somebody, they all clap. do they really -- does he -- i guess my question is, why so trumpy, ron desantis, why do you need to do this? >> there are two things to say,
5:30 am
mika one is there's a large isolationist streak in the republican party, and they don't see this cozying up to putin, but they see it as keeping america out of foreign entanglements they don't need to be in, and it's the not wing lindsey graham or mitch mcconnell represents, but it's who donald trump captured on his way to the white house and has a hold on, and ron desantis understands it's impossible to be the republican candidate without the full embrace of the maga party, and the polling data is clear, and it's across the board, americans are -- republicans in particular, but americans and some democrats are increasingly skeptical about the amount of money being spent in ukraine and america's involvement there, and there will be an interesting debate in
5:31 am
the republican party, and ron desantis is trying to find his way, and there are other candidates who are in the race or about to get in the race who are more traditional republicans, and they will have to test their views out there if they say they are with lindsey graham and they have to stand in four square with volodymyr zelenskyy. it may not be a tenable position where joe biden is on this issue. >> putin looks at two top republicans for president, and if you are putin, you can get a republican in the white house that won't be as eager to help zelenskyy and kyiv but pushback from the republican senators we played for you is not the first time in recent days where some republicans have
5:32 am
responded to claims by primetime host on fox news that the january 6th insurrection was much ado about nothing >> when you see police bare aids breached and police officers assaulted, and if you were a tourist you should have came in on an orderly basis. i don't think it's helpful >> it was a mistake in my view for fox news to depict this in a way that is completely at variance with what our chief law enforcement law official here thinks -- >> to somehow put that in the same category as a permitted peaceful protest is a lie. >> mark, what do we think? is this a sign some of the
5:33 am
republicans are growing a backbone, or is it something that we create daylight with and that's putin and january 6th >> i don't know of a republican strategist that think it's a good idea to relitigate january 6th, and most think put that in the rear view mirror and move on, and the notion that tucker carlson and others want to replay different versions of january 6th, when we have all seen the tape. we have all seen it. the notion is this is supposed to be for full transparency. we don't need a tape to show us a crime was not committed. this is like showing planes flying over pearl harbor before they dropped the bombs they dropped the bombs, we know that our democratic strategists are saying, okay, let's continue to litigate this, and if marjorie
5:34 am
taylor greene wants to visit those in jail for that, fine a lawyer for donald trump over whether or not the former president lied about a hush money payment to stormy daniels. "morning joe" is coming right back trelegy for copd. ♪ birds flyin' high, you know how i feel. ♪ ♪ breeze driftin' on... ♪ [coughing] ♪ ...by, you know how i feel. ♪ if you're tired of staring down your copd,... ♪ it's a new dawn, ♪ ♪ it's a new day... ♪ ...stop settling. ♪ ...and i'm feelin' good. ♪ start a new day with trelegy. no once-daily copd medicine has the power to treat copd in as many ways as trelegy. with three medicines in one inhaler, trelegy makes breathing easier for a full 24 hours,
5:35 am
improves lung function, and helps prevent future flare-ups. trelegy won't replace a rescue inhaler for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain occur. take a stand, and start a new day with trelegy. ask your doctor about once-daily trelegy, and save at trelegy.com when moderate to severe ulcerative colitis keeps flaring, put it in check with rinvoq, a once-daily pill. when uc got unpredictable, i got rapid symptom relief with rinvoq. and left bathroom urgency behind. check. when uc got in my way, i got lasting, steroid-free remission
5:36 am
with rinvoq. check. and when my gastro saw damage, rinvoq helped visibly repair the colon lining. check. rapid symptom relief. lasting, steroid-free remission. and a chance to visibly repair the colon lining. check. check. and check. 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 1 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. put uc in check and keep it there, with rinvoq. ask your gastro about rinvoq. and learn how abbvie could help you save. you know, there's a thousand billionaires in america,
5:37 am
it■s up from about 600 at the beginning of my term. but no billionaire should be paying a lower tax rate than a schoolteacher or a firefighter. i mean it! think about it. it's official, america. xfinity mobile is the fastest mobile service. and gives you unmatched savings with the best price for two lines of unlimited. only $30 a line per month. the fastest mobile service and major savings? can't argue with the facts. no wonder xfinity mobile is one of the fastest growing mobile services, now with over 5 million customers and counting. save hundreds a year over t-mobile, at&t and verizon. talk to our switch squad at your local xfinity store today.
5:38 am
getting to donald trump's legal woes now with a potential indictment looming in potentially a matter of days my gut instinct has been telling me, and i want to know what you think, like, is it all going to
5:39 am
start and end for donald trump with born star stormy daniels? >> so many ways i could go with that, mika, that i will try avoid this hour of the morning saying anything too risque i don't think it started with her and i don't think it will end with her you think about the various potential for indictment that trump faces on the legal fronts, the two different cases in the federal -- that the independent counsel is looking at. i can't imagine this would be the end for donald trump there are many people that would say this is, and one of the points his lawyer was making yesterday is this will be a thing that will help make donald trump the republican nominee, at least, because this will look to a lot of those people that you love i know your warmth was on display in the last block, the maga faithful. they will look at this and they will see the weaponization of the legal system against trump i am not endorsing that view, i
5:40 am
am just telling you what they will see this is the story and donald trump denies it and it was back in 2016, and -- >> or it's true, but who cares >> yeah, and this will make him a martyr in their eyes >> but the rule of law doesn't care about that, and the rule of law is whether or not somebody is guilty of a crime and innocent until proven guilty i want to say, didn't the whole thing start with stormy, with this whole -- before he even became president and here we are back again here is trump's attorney for the stormy case. he was in the ari melber show, and a couple tense moments, and also look at the attorney. >> then why was trump hiding it and lying about it at the time he lied about it >> let's see
5:41 am
>> did you know about the payments to stormy daniels >> if that's what you are going to consider a lie, and a lie is something material under oath -- >> i didn't say perjury, i said a lie. >> that's not a lie? >> did you -- put the paper down and let me answer. here is why it's not a lie, because it was a confidential settlement if he acknowledged that he would be violating the confidential settlement he would be in violation of the agreement if he told the truth, by him doing that, he was abiding by his rights and stormy
5:42 am
daniels' rights. >> it seems like we are getting some blood here, and he said no, but he did know about it, didn't he to make the point you don't believe that's a tight open and shut finance felony, that's number one number two, on the misdemeanor case, which is -- >> there is no misdemeanor case. >> it's minor, but it's not zero, and you and i can point to individuals that had troubles with misdemeanors, you are saying, well, he lied and it was not legal services -- >> i didn't say that >> what did you say? >> his lawyer advised him to pay the legal services, and the money went to stormy daniels before that. that's the evidence in this case he dependant lie >> it sounds like you are saying, one, not a campaign finance crime, and two -- >> it's not. >> but, sure, maybe he lied about it, but you don't want to
5:43 am
deal with the misdemeanor, and you are admitting part of the misdemeanor -- >> don't put those words in my life his lawyer sent him an invoice for legal services and told him they would be properly classified legal services. >> joe, are you really glad you took this case on? i have to tell you, body language alone was brutal. when you are reaching over to touch the person who is interviewing you because you are so so hell-bent on trying to get a narrative going that is impossible, you are in bad shape. we are going to circle back to that in a moment, but first a new report this morning in the guardian reveals federal investigators have looked into former president trump's social media company for possible money laundering sources say the probe involved the media's acceptance of $8
5:44 am
million from a source with suspected russian ties anybody surprised? joining us is the author of the new article for "the guardian. hugo lowell. i will let john heilman take the first question >> we have a couple headlines there -- >> russia, russia, russia. >> first of all, the fact that they are looking into the social truth thing is a new line from investigators. tell us what you found >> there was a investigation on truth social, and they were -- >> not a money laundering investigation. >> not quite towards the end of last year, what happened is they got a tip and started looking at two payments, $8 million, and they
5:45 am
renewed the bridge loan. what they did was they went and got bridge financing from, first, a bank in dominica, and then in february of '22, they got a second loan of $6 million from a family trust, and they are two different companies. as it turned out they are one in the same company, and if you trace the beneficiaries back you get to the nephew of a putin ally who was the first deputy justice minister in russia and previously served in putin's executive office when you look at the whole thing, it's difficult to know if there is going to be actual exposure, but the optics of trump coming out of the white house and his first business venture is getting opaque loans from offshore banks, and it's not a great look >> you know, you democrats and
5:46 am
you fake news, all you want to talk about is russia, russia, russia, with no basis whatsoever it's outrageous -- >> there is never any evidence >> yeah, talk about going back to the beginning >> yeah, we never can quite leave it >> really. >> you are wired into trump world closely. what is the sense now for the level of concern was there people involved close to the former president who were nervous about it what is the degree of worry now? >> yeah, well, there was so many officers at the company saw there was no vetting or information about the pay pull who were lending $8 million to truth social's company $12 million in cash, and 8 million was a significant portion of what they had in their account. it goes back to the beginning,
5:47 am
because in december when the first 2 million was coming in, a lawyer emails don junior, and he goes, thanks, appreciate it, let's go ahead with it i don't want to tie too many connections to trump tower, but somehow don junior ends up getting involved in february and spring of '22, there are flags raised and then they realized 8 million out of the 12 million is such a big segment, they don't want to return it. >> thank you for your reporting this morning coming up, we will be joined by ohio's attorney general on the heels of a new federal lawsuit against rail operator, norfolk southern "morning joe" is coming right back one!
5:48 am
50% off?! that deal's so good we don't even need an eight-time all-star to tell you about it. wait what? get it before it's gone on the subway app! ♪ ♪ ♪ get directv with a two year price guarantee.
5:49 am
ooh, we're firing up the chewy app. can't say no to these prices! hmm, clumping litter? resounding yes! salmon paté? love that for me! essentials? check! ooh, we have enough to splurge on catnip toys! we did it, i feel so accomplished. pet me, please! okay that's enough. now back to me time. luv you! great prices. happy pets. chewy. research shows people remember ads with a catchy song. so to help you remember that liberty mutual
5:50 am
customizes your home insurance, here's a little number you'll never forget. did you know that liberty mutual custo— ♪ liberty mutual. ♪ ♪ only pay for what you need. ♪ ♪ only pay for what you need. ♪ ♪ custom home insurance created for you all. ♪ ♪ now the song is done ♪ ♪ back to living in your wall. ♪ they're just gonna live in there? ♪ yes. ♪ only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ so cozy. how many rooms are in there? should we go check it out? yeah. we get to stay here all weekend! when you stay at a vrbo... i call doing the door code! ...the host doesn't stay with you. it looks exactly like the picture. because without privacy in your vacation home... it's a full log cabin guys. ...it isn't really a vacation... we can snuggle up by the fire. ...is it? wow, oh my- [birds chirping]
5:51 am
5:52 am
stocks closed higher yesterday, as bank stocks rebounded. new economic data shows inflation is slowing down. inflation rose in february but was in line with expectations the consumer price index increased 0.4% for the month, putting the annual inflation rate at 6% joining us now, with some supersized charges, former treasury official and "morning joe" economic analyst, steve ratner so, steve, tell us -- i love this the new setup you have here this is going to help tell the story. where do we stant d with the inflation, the economy and where do you stand today >> inflation will come down if you look at the headline number, 6.3% to 6% during the month. but the numbers are squirrely because of covid-related things.
5:53 am
we have to look behind the numbers. we have looked at three month annualized numbers for the cpi we've broke it into two buckets. the headline number that everybody reports up front and what we call core. we take out food and energy, which are volatile, and the fed does not look at that closely in terms of how much inflation is in the economy and what to do about it we break that down further to core services. your lawyers, doctors, travel, all that kind of stuff, over here and then, goods, whether you're buying a new car and something of that sort what you see is that core infl inflation actually accelerated a bit. goods inflation is falling not as much. but what the fed looks at, is core services. that's rising and that's not a good thing in terms of getting inflation down to the 2% level,
5:54 am
way debelow where it is at the moment you can see part of the reasons for what's going on out there. the economy has been running stronger or hotter, as we say in the parlance, that it had been running. coincidentally, right until the last fed meeting, where they raised interest rates 0.25, you can see the economic surprises, they have the data comes in how relatives expects it, was positive, cooler looked like the economy was cooling. suddenly, it turned around over here turn ed around on a jobs report for january, that came in over 500,000 jobs, compared to 300,000 expected the february robs sjobs list c too hot. and suddenly, the fed was spacing the prospect of having increased rates more the next thing that happens is silicon valley bank. and silicon valley bank has a real effect on the fed in so
5:55 am
many ways in terms of trying to make it easier for the banks trying to deal with the macro effects on the economy and so forth. what this chart shows is the progression of the market expectations of what would happen to interest rates if you go back to the beginning of february, everyone thought, this pink area, we'll continue interest rates about a quarter of a point as the economy got stronger, my second chart, with the surprises, people think, we would have had a 50-basis point increase in paoints. j. powell gave his normal testimony to the senate and you can see that the expectations for 50 basis points shot up to here and people said, the economy is hot, we have to really cool it off. then comes silicon valley bank and the whole interest rate market flips around. now, the betting is 78% that we
5:56 am
will get a quarter of a point next wednesday and the balance we get no increase at all. coming up, award-winning actress kerry washington joins us with a look at her new hulu series, "unprisoned. "morning joe" is coming right back realtor.com (in a whisper) if we use kevin's college fund, we can afford this house. the house whisperer! this house says use realtor.com to find options within your budget. good luck young man. realtor.com to each their home.
5:57 am
5:58 am
5:59 am
6:00 am
we have to take back the white house or our country is doomed thank you very much. our country is going to hell and we're going to turn it back into greatness for america. thank you very much. under my leadership, this madness will end thank you very much. our country is going to hell
6:01 am
we're going to make america great again. thank you. people don't want thank news thank you very much. taking a competency test would be a good thing. thank you. >> wow welcome back to "morning joe." it's 9:00 a.m. in the east 6:00 a.m. in los angeles we have a live look at los angeles. a lot to get to this hour, including wall street, where futures are down sharply this morning. shares of credit suisse hit an all-time low and investors remain on-edge after last week's bank faille ufailures ohio has filed suit against norfolk southern railway, claiming the country was negligent for causing the train derailment and toxic element
6:02 am
releases in east palestine last month. and later this hour, award-winning actress kerry washington will join us to talk about her latest project, "unprisoned. first, we're learning new information about the collision over the black sea yesterday between a russian fighter jet and unmanned u.s. surveillance drone. earlier this morning, washington post columnist david ignatius shared his reporting on the encounter. >> i was able to talk to a pentagon official who was able to see the footage, the surveillance footage on the cameras of the drone the first russian pilot speeds ahead of the drone in what he described as a juvenile maneuver dumps fuel, the aviation fuel, in front of the drone, that's vaporous it doesn't cause any damage, just was described as an immature action.
6:03 am
a second drone, behind the russian jet that's behind the drone, beginning to accelerate sharply and comes up behind it without good control of his flight maneuvers that clips the propeller of the drone. the person describing what you can see, is the second pilot didn't appear to have adequate control of his aircraft. >> joining us now, nbc news national security and military correspondent courtney kube. >> there's two different narratives we're hoping that the video will be released by the u.s the u.s. is saying what david was explaining two russian jets were weaving in and out, in front of the u.s. drone, that the u.s. says was in
6:04 am
international air space in international waters they dumped fuel on it i've been covering intercepts for a long time, safe and unsafe and professional and unprofessional i never heard of jet fuel being dumped on an intercept like this i asked a number of officials an they weren't familiar with this, as well. that's a provocative action. during one of the maneuvers, one of the russian jets, that the piloting as being inept and reckless, one of the jets came too close and the wing clipped the drone. we know that the russian jets were able to land back in crimea neither of them crashed. even though officials believed that the one that clipped the drone did have damage to it. the drone itself was badly enough damaged that the u.s. decided to down it that brings up the question of what happens next with this drone. two things as they were bringing it down, the u.s. was able to wipe the
6:05 am
software system, making sure the classified information couldn't be exploited by an enemy the next question is salvaging the wreckage the u.s. military tries to get to any equipment that goes down in this manner this is a difficult one, mikka there's no black salvage ships and the only way is the strait the turkish government has not all allowed ships to go in >> excellent report, courtney. let me ask you another question having to do with this incident. do you have a sense of your sources, top of the house, from the secretary of defense, russian foreign ministry, whatever >> we know general mark milley was going to reach out to his russian counterpart. at this point, we don't have any indication they were able to talk
6:06 am
the military-to-military conversations are more frequent than the diplomatic ones are, for the most part. that being said, secretary austin has reached out to his counterpart. and this has moved to a diplomatic space one of the concerns about intercepts, especially like this, it will escalate one side will respond militarily and it could escalate into a conflict, an actual conflict that's exactly why we're warned about situations like this in this case, it doesn't seem that it's going to escalate with either side responding militarily they pushed into the diplomatic realm. we saw the russian ambassador summoned to the state department we haven't heard any of the conversations. but we're asking
6:07 am
>> nbc's courtney kube thank you very much. president biden is calling for increased background checks for gun sales. he signed an executive order that would direct the attorney general to better define who is engaged in the business of selling firearms an administration official says it will lead to fewer gun sales that forgo a ground check. the president stopped in california, at monterey park, where 11 people were killed, during a lunar new year festival and if attorney general was with the president yesterday. tell us what you think this executive order can do in the big picture, in the grand scream of things, and what more needs to be done >> i think the executive order takes landfall steps for greater gun safety throughout the
6:08 am
nation it's important that we have uniform baselines, floors of protections for all americans, regardless of what state they reside in. it's as aggressive as possible in the law, from background checks to increase of red flag laws, to marketing of guns to children, helping victims. there's many important components to it, addressing immuni immunity, if possible. the president made clear and it's clear to me, this does not absolve congress we need an assault weapons ban, and bans on large-capacity magazines. we need to address gun manufacturer immunity. the president drew attention to this issue he called on others to do their part
6:09 am
this is an important step. >> explain to us if you will, the concrete steps that the executive order took yesterday it would make, in your estimation, california a little safer. >> it does a couple of things. we have done most of these things, if not all of them, for a long time. we're a state that's part of the united states, with arizona next to us and nevada with us with different laws you can buy a large capacity magazine and bring it into california that's a problem for california. if every state followed the blueprint that california has set forth, thousands of lives would be saved we have a ban on large capacity magazines. we have robust red flag laws that we need to use more
6:10 am
and the executive order calls on the nation to do most of these things it creates authority to create a universal background check it calls on the nation to use more red flag laws to identify those that are threatening others and have the guns removed before they hurt someone it saturday addresses the issue marketing guns to children it provides support to healing and victims and families of victims. it's a robust set of actions that the president can take in a zone congress has the ability to act and must act >> does the executive order that he signed yesterday, does it have anything specifically to help california with private gun sale shops and registration of people who buy guns from the private gun sale shops and how many do you estimate there are in california?
6:11 am
>> it does something that's important. it helping to flag and illuminate and provide information on gun sellers who are not following the law or violating the law. in california, we have a robust set of documentation for nearly every gun transaction. there are exceptions it is important, when you are changing hands when a gun is changing hands, a weapon is lethal, it be documented we know who is selling and who is purchasing. we know it's done right, with all of the appropriate rules and requirements and regulations to follow it. the executive order is broad and compre comprehensive. it does address the issue of sales, as well >> all right california attorney general rob manta. thank you for being on this morning. we move to ohio, where the
6:12 am
attorney general has filed a lawsuit on norfolk southern, after one of its trains spilled toxic chemicals in east palestine. the lawsuit accuses norfolk southern was reckless. in a statement, the company write was working with the state to conduct soil, water and air testing, compensate for medical cost as and pay losses joining us the man who prepared the suit, dave jost. thank you for coming on. how much of the pain caused by this incident is being covered in this lawsuit? >> it's important to realize this is where the public damage is
6:13 am
there's private wrongs that have been done. it impacted this community as a whole. it affected the economy, the environment, and the air, water and land it affected real estate values there's a lot going on here. the lawsuit is to look long-term and make sure norfolk southern will live up to promises >> i'm curious about the people of east palestine. i was on the phone with erin brockovich she has incredible stories of people living in this community with poisoned wells. people that don't know what to do at this point, with the fact they live in this place that
6:14 am
feels condemned. it feels like it will never get back on its feet is there anything you can say of people of east palestine and the community? >> the emergency response is ongoing. we have a short-term issue, cleaning of the community, the polluted water and soil. beyond that, the lawsuit is the state of ohio saying we're not going to forget you. the affects that become apparent years from now like 9/11, things we found out years later. this is designed to make sure that east palestine is not forgotten and there's resources to deal with those things that we don't even know yet >> you say this is about accountability how much is also about sending a
6:15 am
message to prevent this from happening again? this company has had a number of such accidents, just in the last few weeks. >> as our lawsuit notes, the accident rate has increased by 80% over ten years i don't care what business you're in. if you see an 80% delta, you should ask questions about policies and operational systems and controls are you doing things right wo should you be refining how you operate? >> dave yost, thank you. if you can keep us posted, we want to cover this story, every angle of it. 14 democratic governors have asked several pharmacy retailers to clarify their plans for
6:16 am
dispensing a plan used in medication abortions the move comes after walgreens announced it would not dispense the pill in some republican-led states where abortion remains legal. joining us now, 1 of the 14 governors, democrat lewen grisham of new mexico. good to see you again. what law does the state have over what walgreens sells and doesn't sell >> it's over sight of what we can do we saw governor newsom lean in after the republican gops and politicians made a move to threaten walgreens, a distributor for families and women, all kinds of medications.
6:17 am
this might va iolate any numbers of rules so, you have a governor that then says, we'll cancel our contracts. states spend incredible amounts of money so does new mexico, on securing access to any number of medications, as part of our health care requirements under medicaid but the issue will become, no one should be able to -- we'll see what the texas court does -- tell the fda that the science is wrong. we have safe, effective medications that should be available no matter on what someone's political opinion is >> is this the next frontier to take away more rights for women? what are the different avenues to address this? >> no question for me that's
6:18 am
what's going on. when you see the effort interfering with businesses and their obligations to treat all patients the same, that we have independent access and you don't interfere of what my prescription it is, for the condition i'm speaking medical treatment. this is why this freedom alliance of governors is critical we can work quickly together to defend women's rights and family rights, and making sure this state, including this one, can ensure access. we wrote to companies saying wait they are waiting they are recognizing they can't operate in this political environment. their job is to make sure we have independent access to
6:19 am
medications, particularly for reproductive health services and abortion >> help me out here. my translation to this complex issue. you have a state, a governor or a legislature, indicating to a company, walgreens, saying you can't sell that pill to people or we will withdraw state funding for other stuff we do in the state. what would prevent the governor from saying you can't sell adderall in this state >> that's the point. i think you understand this perfectly. you allow politicians to interfere with what should be availablein a health care environment. health care is different than
6:20 am
saying to a fireworks ban. if you have fire conditions that are so severe. here, you're looking at a blanket protection i have a political reference for limiting medication for women. some of these medications are used for other issues. you're limiting access for patients that have rheumatoid arthritis. they have sweeping impacts for states to decide they don't want the health medications or reproductive health medications. they don't want stem cell treatments and some patients to have access to chemotherapy drugs. it has sweeping, mind-blowing limitations and impacts on my personal freedoms and my ability to access safe, life-saving
6:21 am
health care prescription drug treatments across the country. that's why you have an fda that's why you have an opportunity to make sure i have a choice with my physician to determine what medications should be available to me. including contraceptives >> michelle lujan grisham, thank you for being on the show again this morning >> good to see you thank you for having me. new banking concerns have markets deep in the red this morning. the dow approaching a 600-point plunge before the bell, after shares of credit suisse hit an all-time low stephanie ruhle will join us with the latest. plus, we're digging into new data from linkedin on where women std anon the corporate ladder "morning joe" will be right back still disrupts my skin. despite treatment it disrupts my skin with itch. it disrupts my skin with rash. but now, i can disrupt eczema
6:22 am
with rinvoq. rinvoq is not a steroid, topical, or injection. it's one pill, once a day. many taking rinvoq saw clear or almost-clear skin while some saw up to 100% clear skin. and, they felt dramatic and fast itch relief some as early as 2 days. 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. disrupt the itch and rash of eczema. talk to your doctor about rinvoq. learn how abbvie can help you save. you love closing a deal. but hate managing your business from afar. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates
6:23 am
matching your job description. visit indeed.com/hire we must finally hold social media companies accountable. it's time to pass bipartisan legislation to stop big tech from collecting personal data on our kids and teenagers online. ban targeted advertising to children. i'm a screen addicted tween. and, if i'm not posting on social media, i don't feel seen. hey mom. look! mom! oh my god mom. you gotta look at this. nope. keeping my eyes on the road is paying off with drivewise. post about that. bo-ring. oh! say cheese! no, thank you. unblock me! stop! [screech] that was awesome! hey what's your @? i'll tag you. get drivewise from allstate and save 40% for avoiding mayhem like me. for businesses of all sizes, there are a lot of choices when it comes to your internet and technology needs. when you choose comcast business internet, you choose the largest, fastest reliable network. you choose advanced security
6:24 am
for total peace of mind. and you choose a next generation 10g network that's always improving, getting faster; more reliable; and more intelligent to keep you ready for today and tomorrow. the choice is clear: make your business future ready with the network from the most innovative company. comcast business.
6:25 am
dow futures are down sharply
6:26 am
this morning, as shares of credit suisse hit an all-time low, dropping more than 45%. credit suisse's largest investor, saudi national bank, reportedly said, it could not provide the swiss bank with any further financial assistance meanwhile, multiple federal investigations are under way, in the lead-up and eventual failure of silicon valley bank nbc news has learned that the justice department and the s.e.c. is investigating the bank's collapse. that's according to three sources familiar with the matter two of the sources say the investigation is still in its early stages but that part of it will look into company executive stock trades before the bank faltered. the company ceo sold $3.6 million in shares just days before the bank disclosed financial losses the sales were part of a legal scheduled program by the ceo but questions are rising about
6:27 am
how much he knew when choosing to sell. let's bring in nbc news senior business analyst and host of "the 11th hour" stephanie ruhle, working around the clock on this can we start with credit suisse and saudi investor saying no can do what's going on there? >> that saudi investor can't put more money into the bank at this point, they own over 9% of the company if they go above 10%, it triggers regulatory things. credit suisse has been troubled for a number of years. at the heart of the business is wealth management. managing superwealthy people's money. that's where this business was founded in switzer land. over the last couple years, it's been supercharged. more and more customers are simply leaving the bank. combine that with the overall troubles they've been having with their investment bank with the sales and trading
6:28 am
division with management chajs. things are going down. and the backstop, that saudi investor, not putting more money in, it's unclear where we have an outlet to come in and health. not good news for svb. >> let's talk about the other banks in the news the last few days investigations are under way there's some pointing to deregulation done under the trump administration, playing a role in what may have happened they seemed to stabilize yesterday. is that going to continue? or is there a fear there could be contagion and what happens next with the probes >> okay. i would say two spat things. first, let's talk about all of the smaller community and regional banks that are struggling over the last few days it's a fear of contagion people around the country that have money in small banks are getting skiddish
6:29 am
it's frustrating for the government and the administration the president made it clear, when they backstopped silicon valley bank, he said, we have created a separate fund for any other bank that runs into troubles we will backstop you the president saying to the american people, your deposit rgs safe but they haven't made it explicit there's unnamed treasury official saying your money is good for any average american out there, an unnamed pressurery official isn't enough. we're going to make it explicit. it's fair for the people around this country to say. i'm not sure of the coming weeks. moving the money from the small b banks. that's not necessarily what we want we don't want all of the money concentrated into the big banks. this is a challenge for the
6:30 am
government to figure out how do we keep the smaller banks stable and something that's important here, lending. the small banks is the important lenders to small businesses. and now they're having balance sheet problems, that's going to change that's going to put pressure on j. powell. what's he been doing for the last year? raising rates, raising rates we heard from him, we're likely going to get another rate raise next week. that might change, when things are this problematic in the banking community. and it's impacting their ability to lend. you might see j. powell say, i'm going to take a pause. >> two quick questions for you here one, the market is off right now. what are the odds it recoups 50%? 75% of that loss by 3:00 this afternoon? the second question is, on the
6:31 am
silicon valley bank, did they miss filling out the risk management positions >> it's so much worse than that. will the market rebound by 3:00 p.m. i left my chrystal ball at home. i have no idea we have a volatile market. there's not huge fundamental problems under the hood like we saw in the housing crisis. no bubble has burst. what we've lost is confidence. could that come back could the government be more explicit about how they're backing bank deposits. we could see a big rebound as far as silicon valley goes, there's a lot of people pointing their finger in one place. did it become more difficult to risk manage when rates went up did the fed make it difficult? absolutely
6:32 am
for the last year and a half, the fed has been shouting from rooftops, rates are going up, rates are going up and they mismanaged their capc capital. there will be deep investigations who knew what when regulators were asleep at the wheel, maybe in the months leading up to this after a crisis like that, get ready for autopsies. get ready for regulatory medical examiners to come in and say where was the management of this company? who was managing it and how about the banking adviser, goldman sachs? goldman sachs was buying a treasury position from them last week getting paid enormous fees there's going to be a lot of questions about all of the roles. >> while you're at it, steph, i know you're watching the markets. if you can stay for the next story. new data from linkedin
6:33 am
the share of leadership positions has increased one percentage point, since 2016 tell us more about what this study found. >> as you said, it's disappointing that we've seen only 1% increase since 2016. we were hoping for more progress if you look at the roles women take up 50% of the entry level jobs something is happening along the way where it's just those opportunities are dropping when it becomes into the senior leadership roles >> yeah. the study finding the progression for women stagnates at the transition to manager roles. talk about that and i want stephanie to chime in. >> yes
6:34 am
part of this is what we find is having a strong network is important. having a good mentor is really important. men are good at this historically if you look at how people network, there's the invezible network and the visible network. when you think of the invisible network, this is, you know, let's go to the grsholf course d make some deals and talk about positions available. go to a private club for dinner. and the visible network are places like ilinkedin and opens you up to more opportunities the more we get people to break the invisible networks and embrace the role it plays, in terms of allowing women to find the opportunities and having that mentor, you want to be a champion and you need a champion, where you're working so that you are really getting the advice, you're understanding how to navigate the system, in terms of getting those roles
6:35 am
>> i would say, when you think about the numbers, you have to factor in the pandemic we know a disproportionate amount of women left the workforce during the ban demo democratic when we talk more and more, how to address affordable child care in this country, we haven't done it that's the issue by so many women at the midpoints in their careers. that shift from entry level to midpoint to senior those are huge time commitments and travel commitments when you get to the american family, we go to a traditional american family, it's pulling women from the workforce there's more jobs that are work-from-home there are creative opportunities. when we don't love the numbers, but we have to admit, more and more companies across this country, big and small, are identifying this gap exists and trying to figure out how do we solve for it not in a good place. but in a better place than we
6:36 am
were five years ago, ten years ago, when we started our careers. >> so interesting what you said, steph. this is a lot of what we were talking about the 30/50 summit in abu dhabi i was having a conversation with the top woman, second at cisco and the conversation was all about meeting, especially high network talent women you want the grow and retain and keep. whether it's benefits or whatever else they can do to make it so they can continue to do their jobs for the company. they have to change up the dynamic. it's not stay tough and be in there. it's how we keep you >> when you think about the labor shortage, the labor shortage, the workforce vacuum we have, companies are being forced to address this they don't want to lose talent >> no.
6:37 am
catherine, how did your study fare for african-american women? i can only imagine the data is more difficult for them. >> it is more difficult. and the career breaks. everyone needs to take time off. we realized that some of the stigma is going away that's a good thing. sometimes you need to take time off to take care of family members to take care of yourself we are finding if you can acknowledge that gap and explain what you are doing but companies need to rethink how they are helping women it's about how we're looking at the candidates are we looking at what school they went to i hope not
6:38 am
it should be about skills they have companies have to evaluate their talent if you have to take three years off for whatever reason, you're acquiring skills that can transfer to roles of leadership. i know a woman who took some time off, she ran her son's lacrosse team. that's fund-raising and communication. getting parents involved those are transferable skills. i encourage women to rethink the time off they took and look at the skills they acquired >> i love it catherine fisher, thank you very much for more on the study and what we can do to close the gender leadership gap, head over to knowyourvalue.com. stephanie ruhle, we'll be watching you probably all day on all networks that nbc owns as well as "the 11th hour" weeknights on nbc.
6:39 am
still ahead on "morning joe," a look at other stories making headlines this morning, including a new round of severe weather. more "morning joe" straight ahead. can your underwear do this? this is leakproof underwear, from knix. designed to protect you from periods, from bladder leaks, and from sweat. it feels just like regular underwear and it's machine-washable too. switch to leakproof underwear today at knix.com
6:40 am
i have moderate to severe crohn's disease. now, there's skyrizi. and it's machine-washable too. ♪ things are looking up ♪ ♪ i've got symptom relief ♪ ♪ control of my crohn's means everything to me. ♪ ♪ ♪ control is everything to me. ♪ feel significant symptom relief with skyrizi, including less abdominal pain and fewer bowel movements at 4 weeks. skyrizi is the first and only il-23 inhibitor for crohn's that can deliver both clinical remission and endoscopic improvement. the majority of people on skyrizi achieved long lasting remission at 1 year. serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine or plan to. liver problems may occur in crohn's disease. ask your gastroenterologist how you can take control of your crohn's with skyrizi. ♪ ♪ control is everything to me. ♪
6:41 am
learn how abbvie could help you save. i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck.
6:42 am
my asthma felt anything but normal. ♪ ♪ it was time for a nunormal with nucala. nucala is a once-monthly add-on treatment for severe eosinophilic asthma that can mean less oral steroids. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you
6:43 am
have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. ask your asthma specialist about a nunormal with nucala. millions of americans are waking up to dangerous conditions, as major storms slam both coasts. here in the east, a powerful nor'easter dumping feet of snow and 60-mile-per-hour winds, while the west deals with more flash flooding, as relentless rain soaks california. >> reporter: overnight, treacherous travel, as last gasps of a powerful nor'easter pummeled the northeast more than 30 inches of snow dropped in some areas. >> it's been worse this year >> reporter: slick roads causing hundreds of accidents across new england and new york >> we're sliding left and right. almost straight into the poles
6:44 am
and off the road >> reporter: in connecticut, two people were taken to the hospital when a tree toppled on to a plow truck. this bus skidding off the road in massachusetts gusty winds impacting travel on the ground and in the air. the danger seen here, as the plane swerves while struggling to land in rochester, new york the powerful winds whipping up massive waves along the coast. wet snow weighing down trees and power lines, causing hundreds of thousands to wake up in the dark across the region. and in many places like albany, no timeline on when the power will be restored shovels, plows and snowblowers rushing to keep up after a mild winter across the country in california, rain, snow and hurricane-force wind gusts, reaching 90 miles per hour part of a drenching new storm coming down the coast and slamming the already soaked state.
6:45 am
millions under food watches across southern california this morning. in downtown san francisco, high winds blowing out a window and damaging others from a 52-story skyscraper, leading officials to issue a shelter-in-place order around the area. >> my god, it's cracking >> reporter: landslides threaten homes in santa rosa. >> huge runoff, like a waterfall. >> reporter: in monterey county, more rescues by california's national guard as communities look to rebuild, with crews scrambling to fix the breached levee, leading to devastating looding. a look at "unprisoned" the new hulu series created by tracy mcmianll and starring kerry washington they join us straight ahead on "morning joe." good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50.
6:46 am
but shingrix protects. proven over 90% effective, shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. shingles doesn't care but, shingrix protects. shingrix is now zero dollars for almost everyone. ask your doctor about shingrix today. ♪ ♪ ♪ get directv with a two year price guarantee. as americans,
6:47 am
there's one thing we can all agree on. the promise of our constitution and the hope that liberty and justice is for all people. but here's the truth. attacks on our constitutional rights, yours and mine are greater than they've ever been. the right for all to vote. reproductive rights. the rights of immigrant families. the right to equal justice for black, brown and lgbtq+ folks. the time to act to protect our rights is now. that's why i'm hoping you'll join me today in supporting the american civil liberties union. it's easy to make a difference. just call or go online now and become an aclu guardian of liberty. all it takes is just $19 a month. only $0.63 a day. your monthly support will make you part of the movement to protect the rights of all people, including the fundamental right to vote. states are passing laws that would suppress the right to vote. we are going backwards.
6:48 am
but the aclu can't do this important work without the support of people like you. you can help ensure liberty and justice for all and make sure that every vote is counted. so please call the aclu now or go to my aclu.org and join us. when you use your credit card, you'll receive this special we the people t-shirt and much more. to show you're a part of the movement to protect the rights guaranteed to all of us by the us constitution. we protect everyone's rights, the freedom of religion, the freedom of expression, racial justice, lgbtq rights, the rights of the disabled. we are here for everyone. it is more important than ever to take a stand. so please join us today. because we the people means all the people, including you. so call now or go online to my aclu.org to become a guardian of liberty.
6:49 am
this is the sound of better breathing. fasenra is an add-on treatment for asthma driven by eosinophils. it helps prevent asthma attacks, improve breathing, and lower use of oral steroids. fasenra is not a rescue medication or for other eosinophilic conditions. fasenra may cause allergic reactions. get help right away if you have swelling of your face, mouth and tongue, or trouble breathing. don't stop your asthma treatments unless your doctor tells you to. tell your doctor if you have a parasitic infection or your asthma worsens. headache and sore throat may occur. ask your doctor about fasenra.
6:50 am
variety calls it a postprison family story with genuine heart. the new hulu series "unprisoned" follows a therapist and single e mom whose life is turned right side up when her dad moves into her home along with her teenage son. joining us now is one of the stars of "unprisoned" producer
6:51 am
and actress kerry washington, and the creator and executive producer tracy mcmillan. great to have you both congratulations on this. it's amazing this is sort of unchartered territory looking at post prison life and humanity after serving time for a crime tell us what drew you to this? also, what is it based on, including on the other side of me >> the show is inspired by tracy mcmillan's life. we joke often, it's not really a joke that tracy is a miracle the trauma that she's been through, the circumstances of her life make it so unlikely that she is the rock star of a human being and a writer and producer that she is but she is all of those things and i'm so thrilled to be able to get to be in a show that's inspired by the circumstances of
6:52 am
her life it's interesting that you say it's unchartered territory we tell a lot of stories about people going into prison and what it's like in prison, with us we don't explore the challenges of what it's like to be a returning citizen as much the challenges of trying to reenter society as a formerly incarcerated person and what it's like to love a formerly incarcerated person. >> talk about that dynamic and how it might have changed how working on this has changed anything about the way you look at relationships >> me or tracy >> you first, then tracy >> i think one of the things that's great about the show is there are so many people that relate to the show 80 million americans are walking around with criminal records and each one of those people is surrounded by a circle of loved ones that care about them. the show is so relatable but people who don't have experience with the criminal justice system also love the
6:53 am
show because it's about how to be a better parent, how to be a better daughter, how to be a better child, a better grandchild it's about learn ing how to lov better and be better and coexist in multigenerations of a family. >> tracy? >> so the story is based on my life my dad was in prison for most of my life. his most recent sentence was 19 years. and i knew i was going to have to create a relationship with him on the outside it was one thing when he lived there, but suddenly here it is i had a kid who was a teenager when my dad got out. so how do you put a family back together what are the pieces that go into that it's about trust it's about forgiveness, what does it mean to love how do you practice that what gets in the way
6:54 am
and then there's also a lot of humor. i think this is a family we have never seen on tv before. ask we have a lot of ideas about criminals and most of them are grim, tragic ideas, but there's a the lot of humor in my family. my dad and i have a lightness to us so i think what i'm hoping is we can teach everybody in america a little bit more about relationships and how do we open our hearts and love better that's really what it's about. >> kerry, as you well know, this is a deeply personal story one with a light touch what was it like, that responsibility, it if you will, for you to sort of bring that to life on the screen >> it's always fun to play character who is are inspired by real people because there's so much source material there but myself, we really tried to use tracy and her beautiful,
6:55 am
charming father as jumping off places like we wanted to capture the love and the laughter of their relationship, bewulwet also wanted to buld out the characters there's so much support in having tracy here and having this be inspired by her story, but also so much freedom in getting to tell a new version of the story that we think is so just really ready for audiences. it's been so moving to hear how people are responding to the show people who have dealt with a family member who is incarcerated or people say your parents know how to push your buttons because they installed them and that's a universal idea. so this idea of just learning how to coexist and love each other better, and also let go of the shame that traps families. families have shame for all
6:56 am
different reasons. some of it can be about prison family secrets, whatever it is, but learning to step into acceptance and love of each other and finding the joy and letting go of the shame, that's a lot of what it's about too >> and that is an incredible process that most everybody has to face, if they are lucky just before you go, congratulations to you both on this beautiful project and kerry, just a question for you. i just finished the 30/50 summit we celebrate women over 50 >> yes, congratulations. >> i'm curious 46 or whatever do you look at your career ahead as a nice, long runway now and did you look at it that way when it was starting out >> i have always been really drawn to women in my industry who have had longevity i think that's one of the reasons i moved into directing and producing because i look at
6:57 am
women like barbara streisand and these women, they are such icons of longevity and being able to just do what you love to do for as long as you want to do it so they are definitely heroes of mine tracy also she didn't start writing television until her 40s and so there's just so much opportunity to step into new possibilities for ourselves at any age. >> we'd love to have you both at the summit next year "unprisoned" is streaming now on hulu thank you both very much and congratulations on this incredible project thanks for being on today. that does it for us this morning our coverage picks up after a quick final break. when moderate to severe ulcerative colitis keeps flaring, put it in check with rinvoq, a once-daily pill. when uc got unpredictable, i got rapid symptom relief with rinvoq.
6:58 am
and left bathroom urgency behind. check. when uc got in my way, i got lasting, steroid-free remission with rinvoq. check. and when my gastro saw damage, rinvoq helped visibly repair the colon lining. check. rapid symptom relief. lasting, steroid-free remission. and a chance to visibly repair the colon lining. check. check. and check. 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 1 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. put uc in check and keep it there, with rinvoq. ask your gastro about rinvoq. and learn how abbvie could help you save.
6:59 am
we must finally hold social media companies accountable. it's time to pass bipartisan legislation to stop big tech from collecting personal data on our kids and teenagers online. ban targeted advertising to children. ♪ ♪ ♪ get directv with a two year price guarantee. good news! a new clinical study showed that centrum silver supports cognitive health in older adults. it's one more step towards taking charge of your health. so every day, you can say... ♪ youuu did it! ♪ with centrum silver.
7:00 am