Skip to main content

tv   Jose Diaz- Balart Reports  MSNBC  March 23, 2023 8:00am-9:00am PDT

8:00 am
good morning. i'm jose diaz-balart reporting from washington, d.c. this morning. new details about what is expected to happen today when the manhattan grand jury reconvenes in just about an hour. here in d.c., a tiktok showdown, social media giant ceo is testifying on capitol hill,
8:01 am
while he says the app is safe for the 150 million users here in the u.s. we'll talk to congressman robert garcia, self-describd tiktok super consumer about why he opposes a ban on the company. in france, massive protests under way across the country. we're live in paris with why workers are outraged. back here at home, a rare sight as two tornadoes touchdown in southern california, officials say one of them is the most powerful twister to hit the los angeles area in 40 years. we begin with new developments in two criminal cases centered around former president donald trump. in one hour, the grand jury is expected to meet, but it appears they will be hearing another matter, not related to the trump hush money investigation. according to three sources familiar with this case. and add in classified documents
8:02 am
investigation, another legal setback for trump. a federal appeals court rejected his legal team's attempt to stop special counsel jack smith from obtaining key material related to the classified documents found at mar-a-lago. trump denied any wrongdoing in both cases. joining us now is nbc news national correspondent gabe gutierrez, live from outside the manhattan d.a.'s office and asha ran gappia, former special agent at the counterintelligence agent of the fbi, senior lecturer and dean. what is the latest on the d.a.'s case against trump today? >> reporter: well, jose, several developments within the past few hours. you mentioned that according to three sources familiar with this case, the grand jury is expected to meet at noon. but significantly they will not consider the alleged hush money case involving stormy daniels. they won't consider that case. we're told they will be
8:03 am
considering another unrelated case. and, again, it is unclear exactly what that is. and the timing of this is very fluid, jose. at this point, we expect the next time the grand jury would need to consider that case would be monday and there are still lots of unresolved questions there. whether they might consider the -- another witness perhaps or whether this will go up for a vote. and i want to mention something else, just within the past few hours as well, manhattan d.a. alvin bragg has now responded to a letter from house republicans earlier in the week that called for his testimony before congress from what they branded a political prosecution. let me read just a bit from his letter, where he said that their request for him to testify is in an unprecedented inquiry into a pending local prosecution and that came, he says, after donald trump created a false
8:04 am
expectation that he would be arrested the next day and his lawyers reportedly urged you to intervene. neither fact is a legitimate basis for a congressional inquiry. so, again, those two new developments, jose, we're hearing that the grand jury, while they're expected to meet this afternoon won't be considering the hush money investigation today and then that other new development from the manhattan d.a. firing back and essentially telling house republicans to stay out of this local prosecution, jose. >> what is your reaction to what we're hearing from the d.a. this morning? >> i think what he highlights is that this entire, you know, expectation that we, the media, the public has had, that trump will be indicted this week was created by donald trump. and that there were certain advantageous aspects to him doing that. he was able to rile up his base, maybe send a test balloon to see how many protesters were going to show up, he raised money and
8:05 am
as d.a. bragg points out in this letter, he was able to get members of congress to try to intervene, all of these, by the way, in an attempt to stymie this investigation. but the d.a. is clearly on his own timeline and is proceeding in a very deliberate and methodical way as he wants on his own timeline. >> so, i'm wondering because the change yesterday, the fact that today the grand jury is meeting for unrelated issues, do you think this is standard operating procedure or is this maybe caused by these outside pressures? >> i honestly don't know, jose. i don't think it would be caused by the outside pressures. i -- it may be caused by the new witness that came in on monday, but i think that, you know, the grand jury process is working because it is secret and we just don't know and i wouldn't want to speculate on what is exactly
8:06 am
going on behind those closed doors right now. >> so, gabe, what can we expect for today and then certainly for tomorrow? >> reporter: well, here you go, jose, again, because this is shrouded in secrecy, it is tough to know. the grand jury had been meeting on mondays, wednesdays and thursdays. that's what we're basing the expectation that the grand jury was supposed to meet tomorrow, excuse me, yesterday, they did not according to several sources. and now, again, we're hearing that the grand jury will meet this afternoon, unclear exactly what they will be considering. then, if they are continuing to meet on mondays, wednesdays and thursdays, we think monday would be the next time we would know what is next in this case. and whether they consider another witness, your guest just mentioned that that previous witness that testified on monday, that was bob costello, former legal adviser to michael cohen, unclear whether his testimony may have caused the prosecution perhaps to search
8:07 am
for another witness. unclear at this point, jose. what we do know is the grand jury now expected to meet on monday and we should learn then, you know what could be next in this case. right now this is -- this timing is very fluid as this grand jury process is shrouded in secrecy. >> we also mentioned another legal setback for trump in the special counsel probe on the classified documents in mar-a-lago. where does this go next? >> that is an extraordinary development, jose, because basically in that case a judge and now an appeals court has said that prosecutors can pierce the attorney/client privilege between trump and his lawyer in the mar-a-lago case who certified to the doj that all of the classified documents had been returned. and what this means is that the judge found a prima facie case, evidence that trump may have misled his lawyers to provide a
8:08 am
false certification. and why this is important is because this is a key element of any obstruction of justice case against trump. in order to prove that he committed obstruction of justice, prosecutors have to show his state of mind, he had corrupt intent and this is the most difficult element to prove, but an intentional attempt to mislead lawyers and knowing that he still had the documents and saying that he didn't i think would go very strongly towards that corrupt intent and i think would be a very big development for jack smith in that case. >> gabe gutierrez and asha rangappa, thank you very much. right now, here in washington, the ceo of the massively popular social media app tiktok, which is used by 150 million people in the u.s., is testifying before a congressional hearing. there has been a push to ban the app over privacy concerns and tiktok's close ties to china's government. here's what tiktok ceo shou chew
8:09 am
said about the concerns from lawmakers about how his company is handling americans' data. >> that's what we have been doing for the last two years. building what amounts to a firewall that seals off protected u.s. user data from foreign access. american data stored on american soil by an american company overseen by american personnel. >> but the ceo's reassurance did little to persuade lawmakers. cathy mcmorris rogers who chairs the committee had a warning to americans who use the platform. >> to the american people watching today, hear this, tiktok is a weapon by the chinese communist party to spy on you, manipulate what you see and exploit for future generations. >> joining us now is nbc's ali vitali. what is the latest from the hearing? it has been at times intense. >> reporter: at times intense,
8:10 am
but it is one of those rare moments, jose, where people from both parties that are sitting there grilling the tiktok ceo are pretty much asking the same questions, many of them following through on the lines of national security concerns, concerns about privacy and data being shared with the chinese government despite the fact that the ceo is there before them assuring that they have tried to take steps to make sure that that does not happen, including by housing american data in texas, through an american company, but several of the lawmakers who are sitting up there is a that's not enough. the biden administration, of course, doing their own assessments of this, but here on capitol hill, as these lawmakers are making these assessments of what to do about tiktok, we know, for example, they already have banned it on government devices, there are some within their own ranks, we'll talk to congressman garcia about this as well, who talked to us about the fact that they use the platform, they see benefits to the platform, they also know there are major national security
8:11 am
concerns. jeff jackson gets millions of views on tiktok. listen to what he told me yesterday. >> i do use tiktok. i have been able to reach a lot of people and at the same time i think the security concerns are real. i saw what our fbi director said about this, i don't think he was being hyperbolic. i think when it comes to the algorithm and the potential for misinformation there, i think with the data privacy concerns, i think all of those are genuine concerns. >> reporter: we heard from lawmakers here, jose, asking those questions about the algorithm, the way data and privacy are being protected. it doesn't sound like they're being convinced. this is a contentious hearing and now we're seeing what the fruits of that are. >> ali vitali, thank you very much. congressman garcia, thank you for coming in. you said you do not support banning the app. why? >> i think tiktok has 150 million users across the country. it speaks to the next generation. it is an opportunity for small
8:12 am
businesses to thrive. and as someone who is a consumer of tiktok, i also have seen folks build personal brands, start businesses, and so i think before we get to a banning approach, we have to work on the real privacy concerns that are there and come together and work toward that instead of automatically going to abandoning tiktok. >> how do you address the privacy concerns that are real and profound? >> i think that's happening right now. i think having a debate in the congress, having hearings that are happening today and there will be others, making sure that our national security agencies are engaged with congress because it is all really important, but at the same time you have an app speaking to the next generation of folks. people are communicaing through tiktok. there is concerns around big tech with a lot of companies. we saw facebook, for example, just in the last presidential election. and so we do have issues around big tech. we have privacy concerns, data breach concerns. to automatically try to ban an app that 150 million americans are using, especially young people, i think it is a mistake. >> what about not banning it, but forcing it -- the sale of it
8:13 am
to a 100% american company? >> i would support that. if we get tiktok to become an american company or sell tiktok, i would support that. i think right now we're in a situation where we have to get more information, we have got to do our research, we should hold companies, not just tiktok, but all social media big tech companies accountable. this is an app where young people are using to find each other, where lgbtq plus folks are coming out for the first time, people are being educated on all sorts of topics. we have to be more thoughtful about what this app does for our community. >> and absolutely there is no doubt that this app is used by millions for many times positive things. but, a u.n. published report found that china's intention of uyghurs and other muslims may amount to a crime against humanity. with the chinese government having so much control over the information possibly that is
8:14 am
generated from people that are using it for good, isn't this almost more important? the overriding issue of totalitarian regime that is exploiting and destroying uyghurs and muslims has no freedom of anything, has information about people that are using it for good? >> i think we all should be concerned about china. i think at the same time china is one of the biggest largest trading partners in the united states. they're a country that has a complicated relationship, a competitive relationship. but before we get to banning something that over 150 million americans use, i think we got to be a little bit smart about having hearings, holding folks accountable, making sure we get tiktok to a place that is a positive where people feel good about what we're doing moving forward. the truth is that this is a platform that people actually use to communicate, young people speak to the next generation, and this idea where we will ban it, i think it would be a huge mistake. young people in this country use it as a main source of communication, so i think we
8:15 am
have a little more digging before we get to a ban. >> interesting we got to a point where possibly something that does so much good is owned by or certainly has access to a system that does so much bad. >> look, big tech has got huge issues. what happened in the last presidential election with facebook and in meta, we didn't immediately ban facebook in the united states. there is misinformation out there on all social media -- >> a u.s. company. >> it is a u.s. company. there is tons of misinformation on. as there is on twitter. as there is on tiktok. but i think we got to do a better job. i think we're doing the appropriate approach. i support the biden administration is looking at ways to actually make tiktok work in the u.s., and address the privacy concerns. that's the approach we should take. i don't support the immediate call by some members of congress from the senate to do an absolute ban. i think we got to take a more measured approach. >> forcing a sale? >> that's something i'm not
8:16 am
against. that would be a great outcome if we could get a sale of tiktok. but i don't think calling for an immediate ban at this moment is the right approach. >> congressman, thank you very much, fascinating. i appreciate your time. >> thank you. up next, overnight, police find the body of a teenager suspected of shooting two adults at his high school in denver. we have the latest on what happened. plus, credit card interest rates are now at record highs. why people are paying a whole lot more to use your card. i'm talking about 20%, 22% interest rate on credit cards. what the heck is going on? you're watching "jose diaz-balart reports" on msnbc. well, this family of long island brewers harvests their own ingredients, on their own land. mowing every blade, getting ready to entertain, at the only local farm to pint experience around. and that's just a friday. there's a story in every piece of land, run with us on a john deere mower and start telling yours.
8:17 am
♪ ♪ get directv with a two year price guarantee. think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. i think i'm ready for this. your money never stops working for you with merrill, heck ya! with e*trade you're ready for anything. marriage. kids. college. kids moving back in after college. ♪ finally we can eat. ♪ you know you make me wanna...♪ and then we looked around and said, wait a minute, this isn't even our stroller! (laughing) you live with your parents, but you own a house in the metaverse? mhm. cool...i don't get it. here's to getting financially ready for anything! and here's to being single and ready to mingle. who's ready to cha-cha?! ♪ yeah, yeah ♪
8:18 am
choosing a treatment for your chronic migraine - 15 or more headache days a month, each lasting 4 hours or more - can be overwhelming. so, ask your doctor about botox®. botox® prevents headaches in adults with chronic migraine before they even start. it's the #1 prescribed branded chronic migraine treatment. so far, more than 5 million botox® treatments have been given to over eight hundred and fifty thousand chronic migraine patients. effects of botox® may spread hours to weeks after injection causing serious symptoms. alert your doctor right away, as difficulty swallowing, speaking, breathing, eye problems, or muscle weakness can be signs of a life-threatening condition. side effects may include allergic reactions, neck and injection site pain, fatigue, and headache. don't receive botox® if there's a skin infection. tell your doctor your medical history, muscle or nerve conditions and medications, including botulinum toxins, as these may increase the risk of serious side effects. in a survey, 92% of current users said they wish they'd talked to their doctor and started botox® sooner. so, ask your doctor if botox® is right for you. learn how abbvie could help you save on botox®.
8:19 am
give your small business one tech solution that checks all the boxes. it's all here with the comcast business complete connectivity solution. peace of mind with cyberthreat security. the power of the largest, fastest reliable network. plus, save up to 75% a year with comcast business mobile. the complete connectivity solution. from the company powered by the next generation 10g network. get started for just $49 a month. and ask about an $800 prepaid card. comcast business. powering possibilities™. 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.
8:20 am
19 past the hour. we're learning more about the nation'slatest school shooting in denver, colorado. the body of a teenage suspect who is believed to have shot and wounded two school administrators yesterday has been found in a nearby county. nbc's morgan chesky sat the school with the very latest. good morning. what do we know about what happened there and then the aftermath? >> reporter: yeah, jose. a completely different scene today than 24 hours ago when this area outside of denver's east high school was very much a crime scene, following that shooting that left two school administrators wounded. we have since learned one of those administrators has been released from area hospital, but another remains in serious condition. following the shooting here, jose, it launched a manhunt for
8:21 am
that suspected gunman, a 17-year-old, authorities identified as austin lyle, and that lasted for the better part of yesterday until officials confirmed that members of a s.w.a.t. team located that teenager's body about 50 miles away from where we are in denver, near his car. they did not elaborate anymore other than to say that there was no longer any present threat for this community. in the meantime, we are hoping to learn more about a potential motive, how that 17-year-old obtained the firearm he used in this shooting, and, jose, important to note here that this took place during a time where two administrators were patting this teenager down, which according to officials was a common occurrence. in fact, it was protocol that had been put in place two to while break something sort of policy in the past. as you can imagine, there has been incredible amount of uproar
8:22 am
from this community, this comes barely a month after a student was shot and killed in his car not too far away from this high school. and i want you to hear just some of what a parent had to say in front of school officials yesterday. take a listen. >> come on, you guys. these are our kids! i don't want to come and get my kid and have her taken to a funeral, in a casket. i don't want that. what are you guys going to do? >> being safe or feeling safe? we need armed security. this is gross. >> every day, for two weeks, they were locked down. how can they possibly learn? they can't. >> reporter: and no shortage of anger, frustration and sorrow in denver today, jose. the superintendent of denver independent school district said he will be placing armed guards at all of the comprehensive high schools in this area for the
8:23 am
remainder of this school year. we hopefully get a chance to speak with him later today and learn more about this change. it was taken away in 2020 when they removed the armed guards presence at schools. he can no longer sit on the sidelines and he needed to make sure students were safe. >> morgan chesky in denver, thank you very much. two rare tornadoes touched down in the southern part of the state. overnight, the national weather service classified one tornado an ef-1, saying it was the most powerful twister to hit the los angeles area in 40 years. nbc's miguel almaguer has the latest. >> reporter: this was the jaw dropping sight in southern california, a tornado carving through streets just a few miles outside downtown los angeles. a twister so powerful, it
8:24 am
shredded roofs and tore apart metal fencing. the power of the storm's vortex on full display. this frightening scene playing out at a local school. watch again is a teacher is actually sucked out of a classroom. >> all of a sudden, we opened the door a little bit, and then we just see, like, a gust of wind starting to build up and then just, like, got faster and faster. >> reporter: tornadoes are rarely seen in the golden state. but incredibly this was the second twister to hit the region in 24 hours. on tuesday, not far from santa barbara, this tornado devastated a mobile home park. thankfully, no serious injuries. >> like nothing i've ever heard before in my life. >> thank you to miguel for that report. also happening in california, public schools in los angeles are closed for a third straight day as thousands of school workers remain on
8:25 am
strike. they are expected to return to schools tomorrow, even though they have not yet reached an agreement. over a thousand schools in l.a. county have been closed since tuesday, affecting over 400,000 students. the school workers have been calling for higher wages and improved work conditions. the average annual wage of union members is between 25,000 and $36,000 a year. up next, new developments in the brutal battle in the ukrainian city of bakhmut. how the fight could soon be heating up as russian troops lose ground. you're watching "jose diaz-balart reports" this morning from washington, d.c. eo. surprise. [ laughs ] [ horn honks, muffled talking ] -can't hear you, jerry. -sorry. uh, yeah, can we get a system where when someone's bike is in the shop, then we could borrow someone else's? -no! -no! or you can get a quote with america's number-one motorcycle insurer and maybe save some money while you're at it. all in favor of that. [ horn honking ] there's a lot of buttons and knobs in here.
8:26 am
(vo) if you've had thyroid eye disease for years and your eyes feel like they're getting kicked in the backside, it's not too late for another treatment option. to learn more visit treatted.com. that's treatt-e-d.com. (vo) with verizon, you can now get a private 5g network. so you can do more than connect your business, you can make it even smarter. now ports can know where every piece of cargo is. and where it's going. (dock worker) right on time. (vo) robots can predict breakdowns and order their own replacement parts. (foreman) nice work. (vo) and retailers can get ahead of the fashion trend of the day with a new line tomorrow. with a verizon private 5g network, you can get more agility and security. giving you more control of your business. we call this enterprise intelligence. from the network america relies on. 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.
8:27 am
♪it's a new dawn,...♪ ♪...it's a new day,♪ 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.
8:28 am
next on behind the series... let me tell you about the greatest roster ever assembled. the monster, the outlaw... and you can't forget about the boss. sometimes- you just want to eat your heroes. the subway series.
8:29 am
the greatest menu of all time. the hiring process used to be the death of me. but with upwork... with upwork the hiring process is fast and flexible. behold... all that talent! ♪ this is how we work now ♪ 28 past the hour. turning to the latest on the war in ukraine. this morning, president zelenskyy travelled to kherson where he pledged to restore the area damaged by russian attacks. after the international criminal court issued an arrest warrant for putin, russia's former president dmitry medvedev says that any attempt to arrest putin would be a declaration of war against russia. joining us now, evelyn farkas, of the mccain institute and former senior adviser of the supreme allied commander europe.
8:30 am
we're on day 393 of the war in ukraine. take a step back and give us a perspective of where things stand today. >> yeah, well, jose, 393 of the latest phase. this brutal phase that started a year ago when russia, you know, conducted a full force invasion of ukraine. we have to remember that this has been going on for eight years prior to that. just, you know, give the ukrainian people that -- the credit where it is due. and 13,000 ukrainians died before a year ago. but right now, you know, we're kind of in a stalemate on the eastern front in ukraine. and really frankly also in the south. russians and ukrainians are facing off. no one is making very much progress and i think that's why most of us who are, you know, hoping for a defeat in the battlefield of russia so ukraine can, you know, secure its territory again are looking for an offensive, looking for when ukraine will take the offensive, when will the equipment,
8:31 am
training and intelligence come together to allow the ukrainians to push the russians back out of their territory. >> it is so important that you do mention, the fact that many would say maybe this invasion started in 2014. and so how do you, evelyn, push back against something like that? russians have been in -- in the areas they took in 2014 now for ten years. and now hundreds of thousands of russians have been bombarding and trying to destroy that country. how can this issue be resolved? >> yeah, i think, jose, first of all, you're right, the russians are very dug in. into their positions. and so they'll need to be forced out militarily out of the trenches. ukrainians will need all of the tanks, all the armored vehicles that we have promised them. they are on the way. they will need also air cover.
8:32 am
so the jets that they have, the new -- the old migs that the slovaks are going to provide for them are required. if we can provide more modern aircraft, the timelines are not conducive to anything in the near future, but obviously the ukrainians need to take the offensive. that's the only way to change the dynamic and, frankly, ukraine can't -- it is very hard to imagine them sustaining this kind of slog for months or years because ukraine is a smaller country, they have fewer manpower, you know, available, and right now russia is weak. so ukraine should take advantage of the fact that even though russia has more potential manpower, they don't have the weaponry, they don't have the trained manpower, they don't have frankly the morale, and so if ukraine can take the offensive, with whatever equipment they have available, the time to do so would be soon. >> and, evelyn, just your
8:33 am
thoughts, i haven't been able to speak with you since this news of china's -- well, first, xi's visit to moscow, before that, china being the broker between saudi arabia and iran. xi, when he was saying good-bye to putin yesterday, talked about this is a new era, 100 years we haven't seen anything like this. what do you think he was talking about and what is that new era? >> yeah, i think, jose, he wants to be showing to the russian government, to vladimir putin and it is very personal relationship, that, you know, china is on russia's side. however, there are limits, they say this partnership has no limits. so far, china has provided dual use equipment, so drones and drone parts to the russian governments, they have also allowed things like appliances to go through, which have some chips that the russians can use for military purposes, but they have not provided weapons. and that's the thing that we don't want them to do, that's where the limit so far appear to
8:34 am
be in that relationship. china does not want an all-out economic war with the united states and if they provided weapons to ukraine, that would be the result. so i think we're watching very carefully to see that relationship. what xi doesn't want is a u.s. friendly russia on his borders. so i don't think he's wedded to vladimir putin necessarily, but he wants the russian government that is friendly towards china. >> thank you very much, great seeing you. >> thank you, jose. coming up, it is still early in this campaign, but the focus on the republican side seems to be between two florida men. up next, a look at what other candidates are doing to try to make their mark. you're watching "jose diaz-balart reports" on msnbc. when you shop wayfair, you get big deals for your home - every day.
8:35 am
so big, we'll have you saying... am i a big deal? yeah you are, because it's a big deal, when you get a big deal. wayfair deals so big that you might get a big head. because with savings so real... you can get your dream sofa for half the price. wayfair. it's always a big deal. ♪ wayfair, you've got just what i need ♪ think he's posting about all that ancient roman coinage? no. he's making real-time money moves with merrill. so no matter what the market's doing, he's ready. and that's... how you collect coins. your money never stops working for you with merrill, a bank of america company. ♪ ♪ [ cat purrs ] your money never stops working for you with merrill, [ phone vibrates ] introducing astepro allergy. steroid-free allergy relief that starts working in 30 minutes, while other allergy sprays take hours. now with astepro fast allergy relief, [ spray, spray ] you can astepro and go.
8:36 am
there's always a fresh deal on the subway app. like this one! 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! my mental health was much better, but i struggled with uncontrollable movements called td, tardive dyskinesia. td can be caused by some mental health meds. and it's unlikely to improve without treatment. i felt like my movements were in the spotlight. ingrezza is a prescription medicine to treat adults with td movements. ingrezza is different.
8:37 am
it's the simple, once-daily treatment proven to reduce td that's #1 prescribed. people taking ingrezza can stay on their current dose of most mental health meds. ingrezza 80 mg is proven to reduce td movements in 7 out of 10 people. don't take ingrezza if you're allergic to any of its ingredients. ingrezza may cause serious side effects, including sleepiness. don't drive, operate heavy machinery, or do other dangerous activities until you know how ingrezza affects you. other serious side effects include potential heart rhythm problems and abnormal movements. it's nice people focus more on me. ask your doctor about #1 prescribed, once-daily ingrezza. learn how you could pay as little as zero dollars at ingrezza.com ♪ ingrezza ♪
8:38 am
♪♪ the only thing i regret about my life was hiring local talent. if i knew about upwork. i would have hired actually talented people from all over the world. instead of talentless people from all over my house. now to the latest on the economy where the markets are rebounding this morning after fed chair jerome powell announced another rate hike
8:39 am
wednesday. it marks the first rate hike since the collapse of two major banks that triggered fears about the stability of the banking sector. you can see this morning, as of right now, the dow is up. joining us now with more, contessa brewer. what more did we learn from the fed chair? >> they hinted the rate hiking campaign could be nearing an end and likely to see one more hike this year. that is a real change in tone from the last meeting when the fed's statement said ongoing increases in rates would be appropriate. now, powell suggested that rate cuts are not the base case for the rest of 2023. so, we likely won't see a rate cut until next year. meanwhile, as you mentioned, the markets are in the green, pricing in a rate cut by the end of this year. powell says it is too soon to assess what kind of impact the banking crisis will have on the economy. he did acknowledge that he thinks that there is a pathway to a soft landing, and he acknowledged we're likely to see
8:40 am
tighter credit conditions ahead following the regional banking sector crisis. he says the fed is still strongly committed to turning inflation to its 2% target. as you can see, the market is reacting positively. you mentioned the dow, the nasdaq is up more than 2% on the day so far. >> and according to bank rate, the average credit card interest rate has reached 20.4%. the highest since their tracking began in the 1980s. some credit cards are charging 20, 22%. what is behind this? >> okay, so the fed rate determines the prime rate. which then determines your apr, your annual percentage rate on the credit card. but also what goes into that is your credit score, credit history, and so why are interest rates so high on credit cards? well, because they make money. credit card lenders, what they see is the returns on lending outperformed the returns they get from other revenue streams, according to the consumer financial protection bureau, the
8:41 am
government. it reports that the large credit card banks made a 7% profit on that line of business in 2021 and that was the highest since 2000. and we know how interest rates have gone up since 2021. the laws require credit cards to clearly disclose that apr, so borrowers can shop around if they want a better rate or even consider a personal loan from a credit union or a community bank to pay off those high interest credit card debts. but really who this hits are those who can't pay off their credit card debt every month. >> and is there no limit to this? they could charge 30 -- >> they can actually charge what they want, but they just have to clearly disclose it. so, a lot of people will go to a credit card -- say for airline miles because they get 2% cash back. and the point the cfpb makes, the government bureau that protects consumers, says, look, it doesn't make sense to go to a card that gives you 2% back if
8:42 am
what you're paying is 24%. much higher than you can get through borrowing in other areas. >> contessa brewer, a pleasure it see you. thank you. turning now to 2024, with former president donald trump still leading the pack, other gop hopefuls are grappling with how to take him on. as "the washington post" points out, trump also provided a stark example of the scoched earth response that others can expect. joining us now, nbc news washington correspondent yamiche alcindor. great seeing you. >> great to see you too. >> other republican hopefuls are trying to carve out a third lane. how do you do that? how do you stand out when that other lane is donald trump? >> well, we're in this unique situation where you have two front-runners, one who hasn't declared, florida governor ron desantis and gop hopefuls in this uncomfortable situation
8:43 am
where they have to back donald trump when it comes to these legal prosecutions. you have mike pence, who possibly could run, a political -- possibly a politically charged prosecution if he gets former president trump gets arested or charged in new york. you have nikki haley coming to his defense, all these people, tim scott coming to his defense. so all of these gop hopefuls as they're trying to figure out how to take on trump are also being put in this position where they have to back him. it is a very, very hard situation, especially when you think about the fact that republican voters like trump. it is like you have to get at trump without directly arguing with him. i think nikki haley was trying to do that when she rolled out saying the gop needed fresh names and needed to get past stale ideas. but she didn't actually say we should get rid of donald trump. >> and it is difficult -- it is still early on, right? is there -- are there advantages to now at least in this early stage kind of keeping quiet, keeping distant from it all, hoping that will somehow pass and at least the strongest aspect of that? >> there is some, i think, benefit to that, if you go after
8:44 am
donald trump, if you're in the republican party right now, he will come after you with a ferociousness. think about ron desantis, he was trying for a long time not to talk about donald trump and you see this piers morgan interview where he goes directly at him and says his government is not the same kind of government that donald trump would run. he was talking about the fact he would have fired anthony fauc he is talking about he doesn't want to get into gutter when he talks to donald trump. you see ron desantis starting to engage with donald trump. that's because donald trump was already coming after him. he's already given him a nickname. if you're nikki haley or tim scott, if you hold back a little bit, maybe these legal problems will have a problem and will take down donald trump. that's a big wish for the people that are trying to take him on, but the issue here is there are a lot of people trying to hold back and hoping they can slide into this domination. >> new reporting in "the
8:45 am
washington post" shows pence's aides are grappling with the possibility he may have to testify before a grand jury again. what consequences would that have for his republican base? >> well, we know that mike pence for someone who has been vocally critical of donald trump does not actually want to go in front of any sort of legal body and talk about him. he didn't want to come to the january 6th committee, he would not come before a grand jury. what he's trying to do is take on donald trump without losing the voters and the supporters of donald trump. i can imagine he would be in a tough situation if he was put before a grand jury and had to testify against him. i'm imagining he would fight that pretty hard. >> yamiche alcindor, great pleasure to see you and in person even more. >> thank you. >> thanks. up next, why president biden is heading to canada today. plus, chaos surrounding march madness, we're here to break down the remaining brackets. all the brackets so far are wrong. we'll look into that. you're watching "jose diaz-balart reports" on msnbc.
8:46 am
- double check that. eh, pretty good! (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™?
8:47 am
- yes. i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. find your cfp® professional at letsmakeaplan.org. a ballet studio, an architecture firm... and homemade barbeque sauce. they're called 'small businesses.' but to the people who build them there's nothing 'small' about them. that's why at t-mobile for business... you'll save more than $1,000 versus verizon. and with price lock guarantee, we'll never raise your rate plan. so you can keep your focus on toe-turns and making sure the sauce is extra spicy. at t-mobile, there are no small businesses. ♪♪ >> tech: when you have auto glass damage, trust safelite. my customer really relies on his car's advanced safety system. no small businesses. [alarm] >> instructor: veer right. [ringing] >> instructor: and slow down. >> tech: so when he got a cracked windshield, he turned to safelite. we're the experts at replacing glass and recalibrating your vehicle's camera, so automatic emergency braking
8:48 am
and lane departure warning work properly to get you back on the road safely. >> instructor: and that means a lot! >> tech: schedule now. >> singers: ♪ safelite repair, safelite replace. ♪ 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 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.
8:49 am
put uc in check and keep it there, with rinvoq. ask your gastro about rinvoq. and learn how abbvie could help you save. (vo) if you've had thyroid eye disease for years aand the pain in the back of. your eye is forcing bad words from your mouth, it's not too late for another treatment option. to learn more visit treatted.com. that's treatt-e-d.com. don't like surprises? [ watch vibrates ] proactive notifications from fidelity keep you tuned in all day long. so when something happens that could affect your portfolio, you can act quickly. that's decision tech, only from fidelity. 49 past the hour. here is a look at what is making headlines beyond our borders. massive protests happening right now in israel. and what is being called a
8:50 am
national day of shutdown. thousands demonstrating against prime minister benjamin netanyahu's judicial overhaul, saying the change puts them on a path to autocracy. and take a look at these live pictures. this is from paris. protests are happening now over the government's plan to raise the pension age from 62 to 64. joining us now from paris, nbc's meagan fitzgerald. good morning. what is going on and how significant are today's protests? >> reporter: good morning. good to be with you. this is incredibly significant. unions are saying there is some 800,000 protesters just in the streets of paris alone. we decided to come up a little bit to give you this perspective of how big these we walked about a mile to get to this point from the startvp of e protest. they have another mile and a half to go. you can see the sheer magnitude of the crowds.
8:51 am
protests are happening acrosse1 the country, disrupting airway service. 30% of the airlines are experiencingr cancellations. union workersñi blocked off the entrance to the airport in paris here. we know the railways are impacted. w[@!re seeing union workers on the rails with flares. people are upset. you are looking at a different perspective here withñi flares going up and smoke going up into the air. thousands of police officers are here in parisfá alone to try to contain the ó[■crowds.ti(k"táhe night falls, as it gets dark. people are upset because they say, one, macron pushed through this legislation without a vote in parliament. they feel that was undemocratic. they also feel he is not listening to the people. they were furtherçó upset after listening to him yesterday where he gave the interview for the first time sincev legislation through thursday where he doubled down and saidm he didn't want do this but he did it because the pension
8:52 am
reform system is getting ready ty opposition leaders are saying, that's not so. they believe hee1 could have fod the money elsewhere. nevertheless, we are looking at a president that has a 28% approval rating with four more years to go. there's questions about how effective he will be moving forward. >> meagan fitzgerald in paris, thank you. president biden and first lady biden will travel to canada for a two-dayxd visit. it comes as there's a rise in the number of people crossing between the u.s. and canada seeking asylum. e1 trudeau to talke1 about as far q migration? >> reporter: there's a ton on the agenda here. certainly, at the top of the listw3 is this issue of migrati, that both of the leaders have put into the context of a regional challenge. it's not just the problem of one country here. it's something that many in the
8:53 am
western hemisphere are dealing with as others areñi fleeing political persecution and certainly, we have seen more migrants traveling to canada to enter through the northern border. that's why even u.s. customs and border patrol had to move personnel from the southern border to the northern border in recent weeks. there's an issue÷d in canada of section where migrants are coming ine1 close to upstate ne york. that's something that a migration agreement could help to deal with. we know the two leaders are specifically going toxde1qok re that, see ife1 that could be e1 renegotiated. >> another topic that's expected to come up is the situation in haiti. a critical situation goingq on. neither trudeau nor biden wants to take the lead on the situation there. what's the latest?e1çó >> reporter: it was in january when they were last together in
8:54 am
person with the president of mexico at thee1 north american leader summit. it was the u.s. that suggested canada take the lead when it comes to building a multinational force that is uptick and surge in violence. haiti, when it comes to kidnappings and deaths. the canadians in recent weeks have expressed a little hesitation when it comes to that. they're not sure if they want their own boots on the ground in an additional way right now. thañ leaders will be talking about. the u.s. has pressured canada to tyu$is step. they said there are maybe other constructive ways to deal with the complicated and thorny issue. >> thank you very much.u let's talk about this march madness thing, the sweetxpayñ round set to tipu evening.ñi to say thisfá year's tournament has been unpredictable, would not be doing it justice thanks to a number of upsets.t( of the more than 20 million submitted brackets through espn,
8:55 am
not a single entry stillnástand. i want to bring in steve kornacki. even you? >> especially me, jose. here it is. the sweet 16. no duke. no north carolina. no kentucky. no kansas. first time since 1980 that none of the blue blood teams made it to the rouné■á of 16. look who is here. a couple ofe1 things stand out. there are 11 different conferences represented here in the sweet 16. that's a tie for the all-time high. there are still two number one seeds, alabamai] and houston, w are left standing. there are big surprises here as well, thanks to some of the big first round upsets. the biggest surprise left standing, number 15, the princeton tigers. only time in their lives the princeton kids will get to be called underdogs. they arei] in this tournament. a couple of numbers and trends. there havee1 been 32 games play in this tournament.
8:56 am
in 13 of them, more than 40%, the lower seed has fáe1won, technically an update. kansas, the defending national champion,xd they lost to arkans1 the big 10 had eight teams in the tournament. seven are gone. the only one left is michigan state. we mentionedtúñprinceton, the 1 seed. they are the fourth ever to make it to the sweet 16. none have made it to the final four. could they become the first this year? ase1 you said, 20 milliwnt bracs submitted on espn. it took 25 games for alíó of thm to have at leastw3e1ok one e1fli fairleighe1 dickinson got everybody out. thatn u(tj up the hour forñ me. you can reach me o'ztwitter and instagram.
8:57 am
you ci■ watch highlights from today's show online.a5■ thank you+q3uju theçó privilege your time. the great andra mitchell picks up with more news right after a quick break. [ audience laughter ] thanks, tv dad. we'll think about it, okay? look what i found. -a puppy! -a puppy! oh, no, no. i wish tv dad was always in charge. [ dog barks, audience laughter ] listen to your tv dad. drivers who switch and save with progressive save nearly $700 on average. (vo) with verizon, you can now get a private 5g network. dso you can do more thanave connect your business, you can make it even smarter. now ports can know where every piece of cargo is. and where it's going. (dock worker) right on time. (vo) robots can predict breakdowns and order their own replacement parts. (foreman) nice work. (vo) and retailers can get ahead of the fashion trend of the day with a new line tomorrow. with a verizon private 5g network, you can get more agility and security. giving you more control of your business. we call this enterprise intelligence. from the network america relies on.
8:58 am
(vo) if you've had thyroid eye disease for years and you go through artificial tears in the blink of an eye, it's not too late for another treatment option. to learn more visit treatted.com. that's treatt-e-d.com. age is just a number, and mine's unlisted. try boost® high protein with 20 grams of protein for muscle health versus 16 grams in ensure® high protein. boost® high protein. now available in cinnabon® bakery-inspired flavor. learn more at boost.com/tv 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. the hiring process used to be the death of me. but with upwork... with upwork the hiring process is fast and flexible. behold... all that talent! ♪ this is how we work now ♪
8:59 am
9:00 am
right now on "andrea mitchell reports," on capitol hill, tiktok ceo's facing questions from lawmakers about whether china's communist party influences the social media platform. >> tiktok told us you weren't

127 Views

info Stream Only

Uploaded by TV Archive on