ph.d. at nearby washington state university. he has yet to enter a plea but has said through a former attorney he believes he'll be exonerated. erin mclaughlin, nbc news. chilling, we have a lot to cover in our second hour of "chris jansing reports" reports, so let's get right to it. >> at this hour, the comment you do not want to miss from the white house, what one spokesperson said in reaction to 2024 republican candidate nikki haley saying joe biden is not likely to make it to 86 years old. and continued fighting inside war torn sudan, despite the extinction of a critical cease fire meant to help civilians flee the country. heavily outnumbered, the fbi director says there's an unparalleled threat, chinese

hackers out number cyber personnel, at least 50 to one. and inching toward disaster, growing concerns across the midwest as people watch flood waters inch closer and closer to their homes and businesses. our nbc news reporters are following all the latest developments for you. we're going to begin with major flooding tormenting the midwest now as the national weather service says we are still days away from the mississippi river cresting. let's go to maggie vespa, joining us from davenport, iowa. we can see evidence of the mess behind you, maggie. the usda is reporting that barge traffic, that has been halted across the upper mississippi river for likely weeks, and this flooding is only expected to get worse, so how are folks there preparing? >> reporter: first and foremost, what you highlighted, that is a rare move. it's unclear at this point how and or if that might trickle down to consumers but definitely

something to watch and something officials say to be worried about. again, that's rare. i want to point out, we're standing in the middle of what normally is a dry street in the middle of downtown davenport, there's a traffic light above me, several behind me, a railroad crossing, yet here i am basically standing in the waters of the mississippi. typically the banks are hundreds of yards that way. they have been moving up like a city block every day. we're here in davenport, river levels cresting here not expected to happen until monday. this is kind of the epitome of what our team has been calling the slow motion disaster, and i do want to point out, this is obviously a riverside community. they flood to some degree, almost every year. so in a lot of ways they're used to it. even people who have been through this several times before say it's becoming very apparent to them that this one could be historic and it could be dangerous. take a listen. >> it's crazy to think about it's blocks away now, but you're pretty sure it's going to reach your shop. >> like 99.9% of it.

i'm very confident it will. >> reporter: yeah, people just living with that reality. we hear the phrase sitting ducks a lot. we're still days away. as far as the danger element goes, there are neighborhoods around here, low lying neighborhoods that are already flooded, frankly, and people have had to evacuate by boat. one of the reasons they had to evacuate, it wasn't just the flooding. it was also because utility companies have started cutting gas service to those homes. 130 homes and counting, just in this area citing safety concerns if the water levels were to reach kind of the gas lines, gas manes. people living along the river for decades tell us that has never happened before and a lot of them are living in hotels indefinitely, paying out of their pocket. >> a domino effect. look at that behind you, they're prepared as best they can, put up high temporary blocking levee type things. good grief. maggie vespa, thank you for that. nbc's meagan fitzgerald is following that fragile truce in

sudan where the warring rival military factions have agreed to extend the cease fire at least through the weekend. thank you for joining us on that. despite the street pledge we are seeing reports of street fights and air fights in the capital. what do we know right now? >> reporter: you're absolutely right. that cease fire was set to expire today. it has been extended for another three days. make no mistake about it. this violence continues throughout the capital city and throughout sudan. this continues to be a deteriorating situation. we're talking about a lot of the violence taking place in residential areas where the citizens, it's the americans, it's other people who are in the country that are the casualties of the back and forth violence between the sudanese armed forces and para military. there are lulls where there's opportunities for people to make it out. again, we talk about the danger of it all, the turkish defense

minister today confirming that their evacuation aircraft landing at an airport about 12 miles outside of the capital city khartoum was struck by gunfire. of course both sides blaming the other. but then of course you've got the injured people, people that are trying to get help. we know that the majority of the hospitals in the capital city are not functioning right now. so this is a deteriorating situation where people are running out of water, people are running out of food. there's not electricity, running water. we have been speaking with americans who are frustrated because they don't know exactly how to make it out of the country safely, though the united states is saying that they are communicating and working with u.s. citizens to try and get them out without putting actual boots on the ground. the big question is when will the violence end? at this point, it's showing no sign of slowing down. >> thank you very much for that report. let's go now to the fbi director's stark new warning on just how much china's hacking program has grown.

nbc's ken dilanian is following this for us. ken, these numbers are staggering. tell us what we know about this, and what the fbi's planning to do about it. >> yeah, this was a budget hearing, alex, and highlighting the fact that the fbi's cyber corps is vastly outnumbered as he seeks more money for more hiring. china has stolen more of american's personal and corporate data than all other nation's combined, and there are more than 2,000 open counter intelligence investigations involving china. he warned that a recent passed house bill which would cut the fbi budget by 22% would be very harmful. take a listen to what else he said. >> 22% reduction, scores china left unaddressed and i can say assure the chinese government is not cutting back. the hacking program is bigger than that of every major nation combined, so 22% reduction would be cutting capacity against more

and more attacks which hit critical infrastructure. >> it's remarkable. they have so many more people to throw at this problem than the fbi does. the fbi is requesting about $63 million in additional funding to help beef up its cyber staff with 192 new positions. wray said this will also help the fbi put more staff in the field to be closer to where the cyber crimes actually happen, but there's no sign that china is going to be diminishing its cyber forces anytime soon, alex. >> well, listen, this doesn't make sense if it makes it through the house and does have to get through the senate, i presume. let's hope the buck could be stopped there if it gets there. thank you very much, ken dilanian, for that. we have a new and notable response from the white house over 2024 candidate nikki haley's comment about president biden's age. a spokesperson says quote, honestly, i forgot she was running. i want to bring in nbc white house correspondent mike memoli about that. i see the grin on your face about that. listen, it is significant that the white house spokesperson was

even able to get a green light and make this comment, right? how did that happen? >> that's absolutely right, alex, because anybody who has been watching white house press briefings, this week, has president biden announced he was running for reelection has often heard white house press secretary karine jean-pierre has declined to answer the tangentially related questions to the campaign, she has cited the hatch act, the policy that prohibits anybody who works for government is paid by taxpayers from discussing electoral campaign politics. this was a statement that apparently did pass muster of the white house lawyers who i have to tell you, often have a very low bar for what they deem related to campaign politics. what this statement does tell us is two things, one is just how much the president's age is going to be a factor of concern to the biden team. we did see karine jean-pierre trip up when she refused to answer a question about whether

the president would commit to serving all four years if he were elected. the second thing gives us a window into the high confidence of biden advisers, ultimately it's going to be donald trump who president biden is seeking reelection against. a rematch of the 2020 race. we've often heard advisers point to the fact that one reason why they're confident of this is that the other republicans in the race so far including hailey just have not been willing to take on trump in their own party, afraid of triggering his own loyal base of supporters, and so this is a statement that we may not get a lot as spicy or as interesting as the one from andrew bates here, but i think it was very illustrative of how the white house is viewing this potential campaign ahead. >> and you know, i think i have done the math correctly. if donald trump were to be elected in 2024, when he takes office, mike, wouldn't he then be older than joe biden was when he took office? i think i'm close to right about that. >> reporter: that's right, alex, this is a point i often hear

from biden advisers with all the focus on president biden's age, former president trump is not exactly young and vigorous himself. they point out the fact that since president trump has announced his candidacy for 2024, he hasn't really been out there on the campaign trail traveling the country. that trip yesterday to new hampshire was the exception, not the form. and so when president biden four years ago announced he was running, he immediately went about multistate tour, spent weeks on the campaign trail. we haven't seen that from trump, and it's a point that biden advisers are keen to point us to whenever we talk about the presidency. >> mike memoli at the white house, thank you my friend. a rare feud brews between capitol hill and the supreme court, what senate democrats are calling on chief justice john roberts to do. that's in 60 seconds. (vo) verizon small business days are back. april 27th through may 3rd. get a free tech check and special offers. like a free 5g phone. get started today with verizon business. it's your business.

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democrats press chief justice john roberts for clarity about ethics rules on the high court. roberts has already refused to testify on the issue, but in the wake of reporting, justice clarence thomas failed to disclose hundreds of thousands of dollars worth of gifts over the years. democrats are not giving up that easily. let's go to senior capitol hill correspondent garrett haake who's following this for us. what happens now? where can this fight go from here? >> democrats are frustrated but they lack good options at this point. the judiciary committee chairman, dick durbin says their plan on judiciary ethics will go forward, even without the chief justice or his designee agreeing to come and testify. democrats would like to perhaps discuss at least the idea of subpoenaing the chief justice or justice thomas around whom this whole issue kicked up but without dianne feinstein, the

senior member of the judiciary committee and critical member in this closely divided senate, without her in washington, they lack the votes to do so, so despite great frustration around this issue, they're likely to have a hearing early next week, try to keep this issue in the public eye, but beyond that, there's not much else they can do. >> so what about the news we're also getting, garrett, from the judiciary committee with republicans saying they want the biden administration officials to testify about migrant child labor trafficking. what's that one all about? >> reporter: the judiciary committee has immigration issues under their purview. you have the nine republicans on the committee sending a joint letter saying they want the hhs secretary, other officials to testify. they believe the administration's policies of placing minors with families when they come across the border has put some of these minors in danger, that essentially they argue the biden administration's policies are too loose, too fast, too quick at the job

getting these children placed with families who may be taking advantage of them in various different ways. they want some senior administration officials to come and testify about this issue. it's not clear, as i stand here now, whether democrats will agree to that, call a hearing on this topic. remember, on the house side next week, or excuse me, the week after next, we're likely to see some action on a broad spectrum border security bill that also includes this issue. this is very much the kind of thing republicans would like to see congress focusing on more fulsomely over the next month or so. >> garrett haake, thank you so much for that. a new alarming nbc news report reveals warnings from american officials kwhokz the -- who say the break down could lead to an unintended crisis, despite repeated requests from washington, military talks are dormant, and so are more than 100 communication channels between government agencies, and

ministries. dan de luce is behind the reporting. put this in perspective, dan, just how bad are relations with china right now, and what is the greatest risk for not communicating? >> relations really are at the lowest point they have been since the 1970s, since the whole opening under china to nixon. if you talk to anyone in or outside the government, there is real alarm about this, and the fear here is not one side trying to attack the other necessarily. it's that there will be an accident, a mishap, something goes wrong with all of those aircraft and naval ships out in the pacific. both sides would not be able to diffuse the situation and think the worst of the other. there was an incident more than 20 years ago when relations were much better, when a chinese fighter jet collided with a u.s. surveillance plane, that was a pretty serious crisis, but at

that point, relations between the two countries were much much better, and so that could be diffused in that case, and the fear here is that we are headed to a real potential danger zone because there's just so little dialogue and even academic exchanges, dramatically declined. so it sort of bled over even outside of the diplomatic sphere. >> okay. so that's the problem. what is the calculus among u.s. agencies and how they're going to work to handle this? >> it's tricky, right? because we have, as you know, this domestic political atmosphere here and in china, in which no political leader wants to be accused of being soft or weak in the face of the adversary. so no one wants to be sort of on bended knee, pleading for talks. what the biden white house has been trying to do, there was a speech last week by the treasury secretary, and there was sort of a balanced message, where, you know, yes, we disagree with you.

but we still want to keep talking, and it's important that we keep talking, and one possibility here is that some allies and partners of the u.s. might try to nudge and encourage china back to more discussions and more dialogue and then the other possibility is there is an expectation that biden will have a phone call soon with president xi, maybe within weeks or months, we don't know. there's also a possibility that the treasury or commerce secretaries might get a meeting, but i think we're in new territory here, and it's not going to go back to the way it was, say, 15 or 20 years ago. >> wow, potential call between biden and xi within weeks is one thing. months seems like an awful long time. meantime, hundreds of army aviation officers are finding out they're being held to another three years of service when they thought they had completed their contracts. the army says it's all because of a record keeping mistake, and it impacts about 600 active duty

officers. more than 60 of them have signed a letter to congress saying the army misled them about the length of their service contracts. it comes as every branch of the u.s. military is struggling to meet recruitment targets with aviators in especially high demand. vice president harris playing a key role in biden's reelection strategy. what west wing advisers are plotting for her behind the scenes, next. or the energy to keep working? there's a dr. scholl's for that. dr. scholl's massaging gel insoles have patented gel waves that absorb shock to hard-working muscles and joints, for all-day energy. (vo) verizon small business days are back. april 27th through may 3rd. to hard-working muscles and joints, get a free tech check and special offers. like a free 5g phone. get started today with verizon business. it's your business. it's your verizon.

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with president biden's reelection bid, more about plans for the other half of the ticket, vice president kamala harris, sources tell nbc news white house advisers have a plan to promote harris's work as a key part of the reelection campaign and attempt to counter republican efforts to depict her as a liability. nbc washington correspondent yamiche alcindor got that scoop, and former democratic representative max rose, welcome to you both. given president biden's age, vice president harris is really under the microscope, even more so than in 2020. what are you learning about the role she's going to play in this 2024 campaign? >> based on my reporting is i've learned that the white house has really come to the growing realization that vice president kamala harris's work needs to be better elevated and more visible for people, especially because republicans are attacking president biden because of his age. just yesterday we saw nikki

haley saying that she thinks that president biden is going to be dead in five years. literally that's what she said. it's just sort of the kind of rhetoric that is going to happen in 2024, so the white house is readying themselves for that, and as a result, they're preparing her work on abortion rights and being the unflinching face for that issue, and also on voting rights, civil rights, and i have to tell you this comes as there's some democrats who have been quietly stepping in wondering what is her role, her visibility. for part of the this story i talked to benjamin crump, he was hearing in the community, what is she doing for us, vocal supporters of her. he told her, you know, some people really need to see you out there fighting, and you saw her, of course, go to tennessee when those lawmakers were expelled and really deliver a fiery speech there. she delivered a fiery speech on abortion rights when president biden and her decided to announce they were running again on tuesday. this is really a full fledged effort to make sure people know exactly what she's doing and

counter republican attacks as well as some questions from democrats. >> before i go to the congressman, can i ask you quickly, how surprised were you with the remark, president biden being dead in five years. they came back with something. >> they came back with something. the white house spokesperson andrew bates said we usually don't respond to campaign issues, but i forgot, he said, that nikki haley was running. it tells you this is a white house ready to go toe to toe. as a reporter, i was surprised to hear nikki haley say something so blunt. there's going to be politics, we're going to see fights, but to say someone's going to be dead, thinking about the fact that he's not only the president of the united states, he's a husband, father, grandfather, that's not where you want to be in terms of the rhetoric. nikki haley is trying to get more attention because she's polling so low, and you have people like ron desantis who hasn't gotten in the race, as well as president trump who are polling so much better than her. she is making her own political

decisions there. >> max, harris has been someone who's been an important messenger on a number of issues for this administration, notably abortion. tell me what you think she brings to this ticket in 2024, how she'll be used. >> first of all, in regards to what nikki haley said, her presidential campaign will be dead a lot sooner than five years from now, so i don't think they should pay anymore regard to what she's saying. it's clear that the biden/harris ticket will be a team sport. it's not just a matter of elevating the vice president, it's a matter of elevating her on the right issues, and i think what you're seeing the administration clearly note here is that what they were doing at beginning of the administration or the terms saying stuff about putting her in charge of the border, putting her in charge of space really highly intractable issues. now this is about positioning her as a leader on the ticket where she's a highly proficient messenger, and the very crux of the republican argument, which

is somehow that she is not ready to take the number one seat, god forbid if anything happened, which is the principle test for the vice presidency. over and over again, what this ticket will be about, whether it's president biden speaking or vice president harris is not what donald trump says or how he offends people or this or that, it will be about the sheer scariness and offensiveness of their agenda which goes against the rights of people in this country. >> president biden did very well at the last go around, record breaking, greater than $1 billion, which is about what it takes these days. what do you think he's going to get? do you think he'll get a warm reception, lukewarm reception? how is he going to have to work to get the money? >> donald trump skyrocketing in the polls, the fact that this guy is collecting indictments and impeachments like they're

beanie babies in the '90s, there's no problem at all getting donors fired up. i'm amazing they're doing these things. they're going to have zero issues raising money. what will be critical, though, is how they spend it. and i believe they will spend it constantly attacking the very foundation of the republican's current fascist agenda and making sure that if anyone cares about their freedom from gun violence, their freedom to make their own health care decisions and so on and so forth, that is not the ticket for them. >> is that what you think is the most critical thing right now, the way they spend their money, concurrent with getting it in and putting it back out there appropriately? you have won tight races. is that really what's going to put the biden administration over the edge? >> it is, the message, messenger and the tactics now matter more than ever. if they think they're going to win by spending billions of dollars on tv, and i don't believe they think this, in 2024, that is not an effective

strategy. particularly all of the different mediums people are communicating and getting their news and receiving their entertainment these days. it's got to be much more of a strategic, tactical approach, so i think that they're definitely going to be doing that. you take a step back and look at the overarching strategy, this has got to be much more than 2012 than 2016. they have got to be going to the heart of the republican party's agenda, donald trump's agenda, which is at its core, anti-american, anti-worker and goes against our fundamental values. it can't be about whether or not he says offensive things. >> former congressman max rose in studio. thank you for that. yamiche alcindor in d.c., thank you, as well. and some major 2024 news out of west virginia, governor jim justice officially hopping into that critical senate seat fight. where does that leave incumbent democratic senator joe manchin? that's next.

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the 2024 election is just over 18 months away, but one of the most contested senate races is already heating up. west virginia governor jim justice officially announced he's running for senator joe manchin's seat telling supporters he promises to quote do the job that will make you proud. democratic senator joe manchin has not yet said whether he plans to run for reelection.

either way, this race is set to be one of the most high profile clashes which can decide what party has senate control. ryan nobles from capitol hill, and west virginia metro news statewide correspondent, brad mclaney. how is senator manchin responding to senator justice's announcement? >> reporter: he seems to be indicating this isn't a done deal for justice yet. he does have a primary to win. there is another candidate in the race, a current house member who is expected to put up a pretty vigorous fight, and chin said let the games begin. he's not officially decided he's going to run for reelection. regardless, he's confident he can win if he does get into the race. take a listen to what he had to say yesterday. >> let me tell you, anything i'm involved with, i always, you know, you run scared, run opposed, you got to run -- every

opponent you have is strong and threatening or they wouldn't jump in. they wouldn't think they had a chance. take them all serious. >> reporter: clearly manchin is prepared for what could be a very competitive race if it's justice or anyone else. obviously west virginia is a solidly red state. donald trump carried the state by quite a margin in the 2020 election. but manchin's role here is very important to senate democrats in a map that's not very favorable to them in general. he is one senator that they're counting on to hold on to a blue seat in a red state, alex. >> absolutely. ryan, thank you for that. brad to you now, i want to drill down on some of the details. first of all, what are you hearing from people in west virginia about justice's decision to run for senator manchin's seat, how popular is he overall? >> hi, alex, it is the talk of the town. it is the talk around every water cooler and will be for months on end now.

manchin and justice go way back. they are now frenemies. when justice first ran for governor as a democrat, he earned the support of manchin and many manchin's backers. that has significantly cooled in the meantime. there is a long standing relationship and a bit of a grudge match. justice is talking about his campaign in terms of he is the only republican who can beat joe manchin, who remains formidable, even as west virginia turns much more red. and as you can see there, justice will be running with baby dog, his very popular dog in the side car. >> yeah, okay. ryan made a very good point, and he was quoting senator manchin saying, look, he's got to get through the primary first, and to that end, he has to win that race. what do we know about his opponent, the current congressman, alex mooney. mooney announced he's running. what kind of a primary battle

does this shape up to be? >> mooney is a tough out. he's a five-term congressman from the northern counties of west virginia, and west virginia has lost some population. west virginia was down a seat in congress over the last cycle. so mooney actually went up against a more moderate republican in a combined district and beat him soundly. so west virginia is turning red, but where is it on the man of redness. mooney would represent being farther to the right. justice did run initially when he first took office as a democrat. and has governed largely as a moderate. so a big question about which way will west virginians go when they face this choice in the primary election. >> here's an angle that needs to be looked at, which is the source who's telling nbc news that justice spoke to former president trump before making his announcement, though both

mooney and justice are vying for trump's support. you know west virginia as well as anyone. how important of a role do you think former president trump is going to play here? >> former president trump remains very popular in west virginia, and has a personal relationship with jim justice. they both own hospitality industry companies. they both are people who are wealthier than the rest of us. both republicans. but president trump also endorsed the most recent campaign of alex mooney, so there is a political history there as well. what mooney and his campaign said, they would like the trump endorsement. barring that, they would like trump to remain neutral in the primary. justice would certainly like a trump endorsement. >> do you want to put any money on where you think trump's vote or support will go? >> i think whoever wins the primary will then receive the trump endorsement. >> so you think he waits and then just does it afterwards,

going against the republican? >> i have no insight particularly into the mind of the former president but the smart political move i think in a competitive primary would be to hold off and pick the winner against joe manchin, if you're a presidential hopeful. >> you're very good company with that not having insight into the mind of the former president. just saying. ryan nobles, brad, thank you very much. new inflation numbers out ahead of the fed's interest rate decision. what they tell us about the current state of the american economy next. ♪ good boy. adt professionals customize and install systems featuring google nest products for any kind of home. what do you think? you're all set. when the most trusted name in home security adds the intelligence of google, you have a home with no worries. brought to you by adt. (vo) verizon small business days are back.

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we are watching some live pictures of the white house where the president is presenting the commander in chief's trophy to the air force falcons. that trophy is awarded to the football team with the best record out of the army, the navy and the air force, and this is the first time, in fact, it's gone to the air force since 2016. also attending the big event today, the second gentleman, doug emhoff, the chairman of the joint chiefs, chief of staff of the air force, and of course the team itself, the recipients of the award. that's pretty fun. meantime, new numbers showing inflation on the rise in march by .3%. it's the last update before the fed makes a decision on whether to raise interest rates again. let's bring in msnbc digital economics editor jeff cox to break this down for us. jeff, welcome, tell us what the new data means about how americans are doing, and how

much they're spending. >> well, alex, we saw a lot of data this week, and if you just summarized it very briefly, it would be that inflation is still hot. economic growth broadly is not. what we saw from this is that, economists measure inflation in two ways, in headline and core. headline is all items. core excludes volatile food can energy prices. usually core inflation runs a little bit less than headline. that's not the case now, interestingly enough. because what we're seeing is sticky inflation. we're moving down. the things that last longer, we're talking about housing prices, recreation, even alcohol that tend to not move a lot are staying high, so this really presents a quandary for the fed going back to that kind of slow growth high inflation environment. those of us back in the 80s remember there was a word for that. we call the stagflation, bad

picture for the economy and sets up a very challenging policy environment for the fed. >> meaning what in terms of the likelihood that it raises interest rates again? >> well, the fed is very likely, the market's widely anticipating the fed raised its rates by a quarter point next week when it convened on wednesday. what the markets are hoping for is that the fed signals at that point, they're like, okay, we've really come a long way in the inflation fight. we're going to take a break now and see how our policy works for the economy, and hopefully inflation comes down. what would be the scary part about that is if the fed decides we're still worried about inflation, and they don't signal lower rates ahead or at least a little bit of a break in the rate hiking cycle. that could be problematic, and the data indicates that the fed has more work to do when it comes to the inflation fight. >> absolutely, that will be welcome news particularly for the housing industry and other sectors. thank you very much, jeff cox, appreciate you. in the meantime, we caught the

highly anticipated public release of the fed's silicon valley bank review, giving us crucial insight into how and why that bank collapsed last month. it breaks down warning signs that were missed, criticizing even the federal reserve's own supervision, and looks ahead at what needs to be done to stop this from happening all over again at another bank. to drill down into it, i'm joined by brian cheung, nbc news business and data reporter. welcome. what did we learn from this report? >> this happened six weeks after the collapse of silicon valley bank and signature bank. the federal reserve has a report on silicon valley bank which is the second largest bank failure in american history, and it essentially puts the blame on a number of parties. first of all, management at silicon valley bank which they say failed to handle the risks as interest rates rose but also puts the blame on themselves, supervisors that did not appreciate the extent of the issues and didn't move fast enough to flag and have the bank resolve those issues and also

blames in part, regulatory changes made during the trump administration to roll back the post 2008 financial crisis rules, that the federal reserve report says may have impeded supervision. it's basically saying everyone was at fault for the failure. the question is can they fix those things so another bank doesn't fail. >> a little bit of blame to go around. answer that question. can they fix things so it doesn't happen again, and what's this about potentially having a bank going into receivership, what would that mean for people who bank there? >> one challenge is that any changes in the infrastructure for how the federal reserve kind of supervisor the industry takes a long time. we have to take everything out for public comment. might be years before they make the changes. it takes that long sometimes. but this is really important. we're seeing other issues in the banking system today. we're watching first republic bank, it's a san francisco based bank that banks more households than silicon valley and signature bank did. there are concerns they could go out for reporting earlier this

week, that they experienced a severe loss of deposits over the first three months of the year. whether or not they go under or ultimately have a government step into intervene again remains up to speculation, but from based off what i'm hearing so far, the situation at first republic, likely will involve some sort of solution from other banks to save the day and the government stepping in again. >> i understand we're hearing a little bit more, a report that was out on signature bank. what was it that we specifically learned relative to them that we didn't have? was it different than silicon valley bank? >> signature bank was different from silicon valley bank from the perspective they were a little bit smaller, very exposed to the crypto sector. headlines around crypto and how bad it was for the crypto community. the fdic said there were issues that the fdic in policing and supervising that bank, likely because they had short staff, didn't have the people necessary to keep eyes on that bank, which is ultimately perhaps one reason

why some of those issues went unnoticed. silicon valley bank and signature bank now under. >> for sure. thank you for ironing that out for us. brian cheung. >> a new diabetes drug, wa we know about the drug apparently helping patients lose more weight than current drugs that are out there. are there any downsides to it? we'll explore next. (vo) verizon small business days are back. april 27th through may 3rd. get a free tech check and special offers. like a free 5g phone. get started today with verizon business. it's your business. it's your verizon. my dad was a hard worker. he used to do side jobs installing windows, charging something like a hundred bucks a window when other guys were charging four to five-hundred bucks.

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a new diabetes drug set to rival the wildly popular o

zempic, late stage clinical trial results show patients testing the injectable weight loss drug lost an average of up to 34 pounds or about 16% of their body weight. that's the average. drug maker eli lilly aims to apply for fda approval as a weight loss drug any week now. let's bring in msnbc medical contributor, dr. azar to break that down for us. obesity leads to really serious complications in terms of your health. how big of a game changer could this be for patients who struggle with obesity? >> yeah, alex, absolutely it's going to be a game changer. it is being hailed as that. you know, for a lot of individuals who are overweight or obese, diet and exercise alone are not enough. even in this study, they showed that individuals who just tried to do diet and exercise, about a

third of them were able to lose about 5% of their body weight whereas in the mounjaro group, those who got the highest dose, 86% were able to lose 5% of their body weight, and more than half reached the number you mentioned, that close to 16%. so for that reason, and that reason alone, it is absolutely going to change the landscape in terms of treatment of diabetes, type 2 diabetes and obesity in this country, alex. >> i want to make sure we make that distinction. this is not for type 1 diabetes, this is type 2 only. type 2 and obesity can go hand in hand. if you're using it for obesity treatment, are there side effects? is there anything that patients need to know before starting a drug like this, and also talk about cost. >> yeah, absolutely. so some of the most common side effects, alex, that people can experience early on when they start the medicine and when the dose is being escalated are

mostly gi. that's nausea, vomiting, diarrhea, to the point that a lot of patients do need to discontinue the medications. more serious complications can be seen. they can include pancreatis, inflammation of the gallbladder, kidney issues, there are even certain individuals who might be at a higher risk of thyroid cancer for whom this drug would be contra indicated. the price tag, alex, very expensive. all of these medicines including ozempic and wegovy contain a price tag of a thousand dollars a month, that's without insurance of course and not all insurance companies are covering. because they have become so popular, insurance companies are pushing back. they want to see that patients have tried and failed six months of conservative therapy. you know, they want to have more reasons to deny the medication because they know, you know, just how popular they are and how expensive they are. >> i want to be clear, though, if you have 5, 10 pounds to

lose, trezepitide is that an option or not? >> it's not. we talked about this with the influencers and celebrities, using so much ozembic and wegovy, contributing to the shortages of those medications, this is a real drug with significant side effects. it's not meant for people who need to shed a couple of pounds. for most individuals, you got to do that the old fashioned way, put in the work. this is for people who truly have type 2 diabetes, obesity and overweight. these are medical conditions that contribute to a significant amount of morbidity and mortality. >> understood, dr. natalie azar, thank you for ironing that out, appreciate it. a historic piece of history is heading to london, the ancient stone of scone, also referred to as the stone of destiny, and it has been used for centuries in the coronation of monarchs in scotland. now it is traveling south for the coronation of king charles

next week. this marks the first time it has left the edenboro castle in more than 25 years. here's a note for all of you. tune into our special coverage of the coronation next saturday, may 6th. it begins at 5:00 a.m. it will run until 10:00 a.m. eastern, and i'm going to see you there. yep, i'm going to get up very early for it. meantime, that does it for us this hour. tune into "chris jansing reports" every weekday, 1 to 3:00 p.m. eastern on msnbc, and you can always catch me on alex witt reports at noon on saturdays and 1:00 p.m. eastern on sundays. meantime, our coverage continues with "katy tur reports" right now. good to be with you. i'm katy tur. two more losses in two more red states. in south carolina and in nebraska last night, two bills which would ban or severely restrict abortion failed, and they both failed in two gop-controlled legislatures. let me