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here in new york. welcome everyone to alex witt reports. developing this hour, president biden today will sign the debt ceiling bill into law. averting a disastrous default two days before that deadline. the president is using his first oval office address to praise the bipartisan agreement, and stressed its importance. >> it was critical to reach the agreement. and it's very good news for american people. no one got everything they wanted. the american people got what they needed. we averted an economic crisis, an economic collapse. in this debate, i refused to put what was responsible for all of this progress on the chopping block. >> i've never been more optimistic about america's future. >> brand new details today, reports the special counsel has a recording of donald trump talking about a classified document regarding -- >> the new york times says the justice department issued a subpoena for that document, trump lawyer say they can't find. it last night msnbc's are

allanburg asked one of trump's former's attorneys about one the recording. >> it looks bad, but you have to really matched up with a lot more facts. the tape alone, it's not something that is sufficient. you have to match it to an actual document. what was he supposedly waving around? was there any document there at all? was this all just bluff? >> when you say was it was a bluff, you're saying your best offense would be that he is lying about the document. >> possibly. >> new today on a republican presidential debate qualifications, and it could leave out some big names. to qualify for the stage on august 23rd, candidates must have support of at least 1% in multiple national polls. recognized by that committee. some polling from early voting states will also count candidates will also meet a minimum of 40,000 unique campaign donors, and agreed to support to the eventual republican nominee. more now on the president's first oval office speech, and just a moment to be talking with democratic pollster, and

msnbc cornell belcher about the significance of last night speech. but first, and b.c.'s gary dropbox at the white house for us. gary, happy saturday, let's talk about the takeaways, one of the big ones from the presidents oval office address? hi >> hi alex, president biden spoke to the first few minutes directly to the american people last night. he talked about what was in the debt ceiling bill. what was not in the debt ceiling bill, just how close the american people got to its first-ever default, and the bipartisanship that stop that from happening. let's go through that list that you see right there. the big number on top, suspend the debt ceiling until january 1st 2025. that was the big deal. it almost limits military spending, and non discretionary spending. it rescinds about 28 billion dollars in unspent covid relief funds. and it eliminates 1.4 billion dollars from the irs budget. and then the big one right here, it restarts federal student loan payment. that is something that president biden said, not everybody got everything they wanted out of this. of course president biden

wouldn't have wanted that to happen. he said that was a compromise, and that is what bipartisanship is all about. here's what he had to say about this last night. >> i know bipartisanship is hard. and unity is hard, but we can never stop trying. >> because in moments like this one, ones we just faced. where the american economy, and the world economy was at risk of collapsing, there's no other way. no matter how tough our politics get, we need to see each other, not as adversaries, but as full americans. >> while he was focused on bipartisanship here, part of his speech also served as a pitch for his own 2024 campaign. he even said at one point, quote, i'm going to be coming back, and with your help, i'm going to win. so certainly a victory lap of sorts here for the white house as they take a big sigh of relief this weekend. >> all, right gary, thank you for, that we will see you again.

meantime joining me right now is cornell belcher, nbc political analyst, democratic pollster. welcome cornell, it's good to see you. let's get into this. talk about the significance of the president using his first oval office address to settle this debt ceiling plan. and how do you think it might be landing with americans? >> yes alex, i think there is two things going on here. one is, let's step back, i was actually out in focus groups across the midwest of the country this week, talking to sporadic voters. and alex, surprise, they are not talking about the debt ceiling. and the details of the package of the debt ceiling. they are talking about pigeon table issues. they're talking about schools, they're talking about gun violence, what i think the president did last night, in this speech, was hit on some of their also talking about. that is the ability for people in washington to work together. and they don't understand all of the back and forth about republicans, holding the country hostage to get what

they want. all they understand is democrat republicans don't seem to work together. and for a president who campaigned on the idea that he was going to try and be a bipartisan president, he would try and fix things in washington college, republicans and democrats to work together. i think this is a, a win for him, in a broader thematic sense. that he can say to america, look, yes, i reverted economic catastrophe. which alex, americans don't typically give politicians credit for averting something as you know. you can say i averted an economic catastrophe, but also i want i brought them together around the table to get something done. that's a bigger for picture for, us really. >> the speech you heard gary grumbach mentioning it, that many are seeing it as the first 2024 campaign event. even the office and campaign are separate. do you think that may have been a strategic approach? >> well look, i think it is. when you look, you know this,

there's no bigger bully pit the oval office. and him showing strength and leadership. that is again, a thing, if you look at the issues that the president, that voters bring up about the president. you know, i'm not breaking news here, they bring up his age, we've all talked about it on the air. i think there's very few things that counter that idea, that the president is too old, then to show him in a position of strong leadership. and using that and showing that he is a strong leader, able to bring people together, to me that undermines one of his, one of his top vulnerabilities going into reelect, look alex, it's not like americans just like the policies that the president has put forward. in fact, i would argue that he goes, from a policy standpoint, he goes into reelection in better shape than george bush

or barack obama. because his policies are a lot more popular than either of their summer. >> interestingly, the president and speaker mccarthy there each touting the bill as a win for their respective parties. is that really what happened? and to your point of the tone of things, is there some sort of a bipartisan epiphany out there right now? i mean, i guess the hope spring's eternal, i should add that. >> your big this morning alex. next week we won't see more of the partisanship, we will see more of the division. because, because quite frankly, that's why we've seen congress behave and act in the last couple months. and look, you know, whoa, will we see any massive pieces of legislation move the congress over the next couple months going into the election? i doubt it.

what are republicans -- nothing that republicans are putting forward matchup with what the president wants. and certainly can pass through the senate. so i think through the next couple months you're gonna have a lot of policy, and not a lot of legislation. >> let me get more granular here. if this president weren't facing a really tough primary challenge, would this bipartisan tone have not been as president, as rather an underlying theme to his speech last night? because you're talking about the politics, and what we're heading for. >> yeah, i think regardless of what's happening on the republican side, if you go back, you know, several decades ago, americans have this crazy idea alex that the democrats or republicans should actually work together, and get things done for them. as opposed to bickering infighting. that it was prominent in research i did for obama, prominent in research going back, you know, decades.

americans have this idea that washington should just get things done on behalf of the american people. but very few presidents have been able to say that i have bipartisan deals done, that really help american people. if you look at the infrastructure bill, and you look at the gun reform. that they passed, the bipartisan way and you look at the debt ceiling, -- catastrophe being averted. this president can say, i actually have a couple of really big bipartisan deals under my leadership. and do we want to turn away from this, and go back to more division? more chaos? more corruption? or are we coming out of the storm, we've averted the rocks, do we want to go back into more division and more chaos? i think it's a pretty smart election, reelection thematic. >> let me pick up on chaos. you tweeted, president biden just commended mccarthy in his speech to the nation tonight.

which more than anything may lead to a devotion to vacate, meaning the gop might throw mccarthy out as speaker. if that actually happens for, not just to give democrats any kind of an advantage heading into the next election? especially since americans appear to vote in the midterms to lower the temperature, and move away from the extreme. >> now, i think that's right, and look, you know, we've been reporting on it all week, there have been a lot of grumblings in the republican house caucus about this deal. because they see, they didn't think they got enough of what they wanted in a. they actually pulled back the presidents agenda the way they want. you see a lot of grumbling on the right in his own caucus. look alex, there will be about 30, 35 congressional seats that determine which way congress goes. this time around.

the more americans the republicans in chaos, the more they see them, fighting not being able to get things done, the more they see them thrown out there, or at least threatening the leader who got something done in a bipartisan way. the more they seem extremists, and like a party of maga. which americans, especially in the middle are increasingly rejecting. >> let me ask you something. from a pollsters perspective. what do you make of rfk jr.'s 20% or so in some polls. who is his constituency? some of his positions are absolutely impossible to classify as one party or the other. >> i haven't seen any of those polls where he's getting 20%. nationally, look, nationally the last poll i saw the primary, he's one or 2%. >> right. >> i don't think he has a

constituency. there are certainly not a bubbling up of the establishment, or even the grassroots to challenge, to challenge the president, or even the fundraising ability to do it. for better or for worse, and i think oftentimes for the worst, if you can't, if you can't raise funds, and build an infrastructure to take on an incumbent. whether president, congress, senate, you are not gonna have a chance. he does have some way out there ideals. and there is a sliver of americans who are so looking for dramatic change, that they may in fact listen to him. but at this time, i really don't see him as much of a threat. >> okay, cornell belcher. this was a great chat. i'm gonna mess with your weekend my friend. thank you so much. this is the woman at the center of the latest revelation about donald trump caught on tape. talking classified documents. who is she? and what else might you know? peter baker with details on his own experience interviewing trump, and whether any of it was recorded.

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-- conversation that has now become part of jack smith's investigation. here's what tom parlatore told my car lead already mueller. >> it's clear from the reports about this tape, he was upset about things that marc miller had said about him, he was pushing back on that. he said essentially, he is lying, i have a document to prove it. but i can't show it to you, because it's classified. was that really a bluff? was that a real document? unless they can match it up with the document -- >> when you say is a bluff, just to be clear, you're saying your best offense would be that he is lying about a document? >> possibly. >> joining me now, peter baker,

chief white house correspondent with the new york times and snp see political analyst. also coauthor with his wife, susan glasser, of the look the divider trump in the white house, 2017, to 2021. welcome my friend. clearly you interviewed trump for your book you wrote about the tension between trump back in 2020. what do you make of -- interpretation? >> it's fascinating, because of course the reporting has shown that he was angry about a piece action written by my wife in the new yorker about how mark milley, the chairman of the joint chief of staff, still is, was urging the president not to use his final days at office to strike iran. he was worried that the president would usability airy to be making a show, and creating unnecessary conflict. that obviously angered trump. he was talking about a document that he said was indicating that milley himself was actually for military strike. everyone else involved with the

snow, that is not the case. so what is this document? does it exist? the lawyers have now told prosecutors that they can't find this document. but it indicates that trump understood that what he was dealing with was a classified document, if there is such a document. and he understood that it was not declassified. he said he would like to get it out to rebut billy, but in fact, he previously said, well, i declassified everything, that indicates he understood that he did not declassify that document, should exist. >> here's what we have, again, we want to thank your wife for helping us get that interview so we could talk about it here. his response, trump's, was quote, i never threatened or spoke about to anyone, a coup of our government. if i was going to do a coup, one of the last people i would want to do it with is general mark milley. you know, what more can you tell us about the friction between those two? >> well look, mark milley was trump's choice for chairman of the joint chief.

he wanted him to have the job. but i think once he became chairman, he saw increasingly in erratic in volatile president he consider to be dangerous, it predated of course that june 1st 2020 march across lafayette square. but that really sort of, you know, crystallized to the general, that he saw a president who want to put troops in the streets in order to crack down on protesters. some of whom had been violent in the aftermath of the george floyd killing. really was against that. it's not what active duty soldiers are supposed to be used for. they got to a conflict about that. at that point i think really really began to see the president as a potential danger. from that point on he in fact wrote a letter of resignation, that we reported on in our book that he never set. it was very blistering. he said the president of the united states doesn't understand the principles on which the united states was founded on, and defended in wars like road or two in the past. he says you are ruining international order all sorts of things in this letter, he decided to stay, on he didn't stand it.

he told the staff i'm gonna stay and fight, insight against what he thought was the politicization of the military. that includes using the military in the final days of office to start an unnecessary war against iran. >> give me a sense of what it was like in the room when you interviewed donald trump. and also, was trump aide marco martin there? where your interviews recorded? did he talk to you about any classified information? >> well, we recorded our interviews, margo was there, i believe she probably recorded them, i don't recall precisely. that would've been normal for her to do. that would be perfectly normal thing for a president, or former president staff to do. now, we did not talk about classified documents. this was before the investigation became public. where the papers on his desk that we could see? nothing that would've had an indication that we saw that was classified. but you know, we are there in mar-a-lago for two interviews. you could see how he was using the place to nics his politics,

and his post office business. he liked having these interviews in the main lobby, around dinnertime, so when gas, his pink as came, and he would show off the fact that he was being interviewed by various journalist and author's, something he liked to do. and then he would go out on the, you know, the patio after the interview, and people would give him a standing ovation. it was clearly an affirmation to him in the period following defeat, although he hadn't admitted that to feet. it was a real spectacle. the whole interview process you in other authors went through was part of his show. as everything with him seems to be. it was a fascinating experience in that sense. >> i bet. the background that we're talking about, the context about this g doj reporting. does it sound plausible to you? i'm curious what you think is more likely. you don't know for sure, but do you think it's more likely that trump took the classified around documents with him when

he left the white house? or that this is all bluster, and bragging rights? >> you know, with trump you can assume anything. either these scenarios is possible. he was of course, we know from previous reporting, cavalier, about classified documents, he didn't take those issues quite as seriously as a lot of other people do. he talked about classified information with visitors to the oval office. that is been reported on the low multiple times. he didn't care much for the process of any kind of document. even regular documents that were classified he would rip them up and throw them on the floor of the oval office. you're not supposed to do that under federal law, you are supposed to save all presidential documents. his patron follow him, grab them, and keep them for the archives. he was, he always had a very cavalier approach i think to these kinds of issues. i think either of those scenarios as possible. >> okay, peter baker my friend, always good to see. we will see you next, week thank you. >> in the meantime, right now

in iowa, it is the kick off to a busy summer of campaigning, where a republican chasm presidential candidates are taking part in senator joni ernst yearly roast in ride. it's not the state fairgrounds, it's a chance for the candidates to ride motorcycles. they will flip, or make their case to hundreds of republican voters. and we find nbc's vaughn hillyard right there into moines for us. ivan, welcome, let's talk about what you've seen during this day so far. and what you're hearing from candidates. what say you? >> you are seeing some campaign buses. number one. i just wanna give you the lay of the land here alex, i know we'll talk a little ways from now. the candidates are essentially getting here to the iowa state fairgrounds right now. this is senator joni ernst, her annual political event. but really this is the kickoff for 2024 gop presidential field, a summer of campaigning. we expect motorcycles to descend here, with joni, aren't we know mike pence is riding on his motorcycle. other candidates are just showing up to the fairgrounds. i think, mark, are you guys

good to walk? let's walk this way alex. i think florida governor ron desantis. this is a part of iowa where it's just naturally more accessible for us, but voters to actually get closer to candidates. we've seen history in recent years of being more distant from particularly republican candidates. this is a part of iowa in which voters have a different level of demand. as we go and check out what's over here, listen to some of the voters we talk to. >> we're not big trump fans. >> okay. >> there's a lot of blasters, good ideas, but a lot of blasters. i like mr. -- we share the same fate, he has a really arduous road ahead of him. being black in a republican. >> i've talked to mike pence a few times. i like mike. he's a good, moderate conservative. religious family man. >> i'm not 100 percent trumper this time. he did some great things. i like what he did when he was in office. i just didn't like all of the

bantering in the background. >> yeah, those are actually pretty good, because -- >> alex, you can see the shot of rhonda sanchez here with his wife. here at the iowa state fairgrounds. we should note, the whole republican field is here, desantis, nikki haley, tim scott. the soon to be candidate mike pence, who is slated to announce a candidate who is notably not here this weekend? former president donald trump himself. he did make a stop for 24 hours of state earlier this week, but as you can see here. playing out in realtime, we were talking to a bunch of voters and you just heard a couple of them there. they're suggesting that it's not totally donald trump for them this time of around. >> what do you expect today? >> listening to the questions -- this is rhonda santas. or however you pronounce it. can you try to ask him a question? you know he is not taking too

kindly to off the cuff reporter questions. how many times have you seen video of him really shutting, and putting down reporters. are you going to try? >> let's give it a shot. >> good luck with that. >> hold on. >> i just want one more picture. >> who's your guy? right here? >> governor desantis, we're live, what are you anticipating today sir? governor -- now governor, what does it mean that you're here in donald trump is not? >> good question. >> ready? here we go. >> great to see you. >> okay, you know what, fauna think we have the answer to my question. >> alex, we have a month ahead. we'll put a lot more effort. for now we'll move on. >> a for effort as always my friend. thank you for that. in the meantime everyone, it is

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new details coming in from one of the world's deadliest trade disasters. the death toll is mounting after at least two trains derailed a crash. nbc's megan fitzgerald is following the story from london. megan. >> alex, good to be with you. prime minister of india, modi, arrived on scene today to survey the damage. this is what is being called the most horrific train crash that india has seen in more than two decades. they also stopped by hospitals to visit those who were injured in this crash. he said whomever is responsible for this will be punished severely. now what we know at this point is that some 300 people have been killed. we know that another around 1000 people have been injured. and overnight, we saw search

and rescue crews working around the clock, trying to rescue those who were trapped beneath the rubble. and trapped in silos train cars. now according to officials, we know the railway minister saying at least ten train cars derailed initially, causing debris to fall onto a nearby track. a second passenger train, traveling in the opposite direction, collided with that tree, causing some of its carriages to derail. now the indian army first responders, more than 100 doctors, rushed to the scene, keep in mind, train travel is the dominant form of travel, more than 12 million people ride on some 14,000 trains across the country every single day. and there are hundreds of crashes every year. now, modi, along with other officials in india say that they are continuing this investigation. it will be thorough, they are trying to figure out exactly what caused it. and they are trying to make sure that this type of incident doesn't happen again. >> alex.

>> just horrible, thank you so much for that. >> another donald trump caught on tape moment. but this one may prove more dire to the former president than any other moment. plus, what does it have to do with iran? the latest news in the classified documents saga, next. saga, next sadie's getting her plan ready for a big trip. travel pass, on. nice iphone 14 pro! cute couple. trips don't last forever. neither does summer love. so, sadie's moving on. apple music? check. introducing myplan. the first and only unlimited plan to give you exactly what you want, so you only pay for what you need. and get iphone 14 pro on us when you switch. it's your verizon.

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classified document related to iran. that donald trump bragged about at his golf club in july 2021. special counsel jack smith is

in possession of an audio recording of trump discussing that document. but here's what trump said publicly this week. >> you know, i don't know a thing about. it all i know is this, everything i did was right. we have the presidential records act, which i abide by 100 percent. i've secret service all over the place. mar-a-lago is the four. it's a continuation of the greatest witch of all-time. it's a hoax. >> okay. well joining me now, is carol ending. the washington post pulitzer prize -- an outside contributor. >> -- senior intelligence service, author, and msnbc national security and intelligence analysts. and charles coleman, former brooklyn new york rossiter. now civil rights attorney, msnbc legal analyst and podcast host. what a crew. thank you for joining me guys. carol. you have been reporting extensively on this. what are you learning today? and what more can you tell us about this actual document? >> what we know about this document so far is that donald

trump, in his desire to not have media, or book authors misquote him, essentially provided jack smith with a particularly blockbuster piece of information. donald trump describes that he knows that classified records are sensitive, and can't just be declassified by blinking his eyes, when he is no longer president. but i think also really important, because it's just at least, if he's pretending you're not pretending, that he has a classified record, that he hoped to use in a personal petty vendetta. that is really important. i have to say alex, from not necessarily always about the charges, but about what it towels, prosecutors as they try to explain the story of, why did donald trump keep more than 100 classified records at mar-a-lago? and after he had been subpoenaed for these records, by federal grand jury, and

prosecutors, and why in the world did he then instruct his lawyers to look for the records. either directly or indirectly. in a place that they would not find all of them? this is important to tell the story. what was donald trump's motive in keeping some of these records? we've reported that it was not necessarily, we have no evidence that it was about financial profit. we know that jack smith has started to investigate whether that's a possibility. but in this instance, he simply wanted to basically smear a former joint, i'm sorry, his former chairman of the joint chief of staff for embarrassing him. for telling other reporters, and providing information about his worries about what donald trump might do in the final days of his presidency. >> can i just say, given the respect i have for you carroll, i apologize for you even having to articulate the sentence about a president declassified documents with his eyes. every time that is honored, i just, i really want to lose it. but anyway, mark, i'll go to

you now. what are you hearing from your sources? what are your concerns from an security standpoint. is this likely to have an impact on u.s. iran relations? >> well look, first and foremost, u.s. iran relations are not good right now. when we're talking about iran, i think, let's be clear, this is an adversary of the united states. you know, it's a country that is hurtling towards development of a nuclear weapon. the washington post, just two days ago reported that iran was developing these new explosive projectiles designed to kill u.s. forces in syria. and of course we have former members of the trump administration who still have secret service protection because of iranian assassination plots. this is an adversary. in my world, as we spoke with so much sometimes on russia ukraine, really the nearest term chance of a direct conflict with the u.s. military with foreign forces with iran. so this notion that a document of u.s., and detailed u.s.

strikes in iran, that this is somehow floating around somewhere, it's really just concerning. >> i can bet, believe me. what about you charles. one of trump's former white house lawyers says that his advice for trump would be to work something out with jack smith. but here is why, listen. >> i don't see any eagerness on the party of jack smith and his team to slow down. i think they have, i think they have their foot on his neck. i think trump's own team believe that this is gonna come quickly. my belief that -- has been cooperating all along. ivey telling trump that he is dead. >> is this recording a smoking gun? does it provide the nexus to prove trump's intent, and that he knew all along the limitations of declassifying documents? >> well, i do think it's a smoking gun. it's important to understand, donald trump has already provided jack smith and special counsel's office with a smoking arsenal of other different

things along the lines of establishing his guilt in criminal liabilities especially with the mar-a-lago case. this case has been very straightforward from the outset, because of the myriad attempts of federal agencies to try and get documents from donald trump, letting him know that he should not have them. and then also, the more detail that we have learned about this timeline of donald trump, essentially instructing employees at mar-a-lago to move the documents, literally a day before law enforcement showed up to do a, basically a search of mar-a-lago, looking for different documents that they knew were already there. so this is just the latest that does to charles's point, help not only establish donald trump's intent, but also take away any sort of defense that he could potentially have. so i think this is not good news for him. i do think that attorney cobb is correct. it is much us whatever action we're gonna see from jack smith, is likely increasing the imminent at this point. it is, not in my opinion, a

matter of months, i think it'll likely be a matter of weeks before we see action come from. washington injects with. >> okay. cnn quoted one source, saying, doj had access to a version of the recording before trump aide mark appeared at the grand jury march. carol, this to. who is margo martin, do you agree with ty cobb's assumption that mark meadows has been cooperating all along? >> margot martin is one of a legion of young aides that have helped donald trump with his public relations, and interactions with media, to, she previously worked for the save america pact, and now works on the trump campaign. i will say, in my own experience, as my good friend keith peter baker and -- was the same. when we went, when phil rucker and i went to interview donald trump, we were tape recordings that conversation with the president, to make sure we got every word. and he had an aide with him, it

was not margot, it was another person. who was also in that same role. a tape recording for donald trump. wanting to make sure we both had an accurate version, and nobody made a mistake in quoting him 100% accurately. as for ty cobb's description, i think it is, i think it is impossible to believe that mark meadows has not been cooperating in this investigation. we know he was compelled, his privilege was essentially broken, or rejected in the special counsel investigation. a criminal investigation, trump's, his specific private confidences, and advice he gives to than president donald trump. i think it's cause for a couple different reasons. one, the description is that jack smith learned this information before talking to margot martin, before getting any information from donald trump's camp. well, just as phil rucker and i

tape recorded donald trump, i would imagine meadows researchers were taping donald trump for their own good on this purposes. to get his work word exactly right. and when questioned about that, it seems, it seems likely to me that they provided either in account, or a recording. so mark, on the heels of your previous answer, which was kind of chilling in some ways, giving you are a former cia guy, what do you see as the value in holding on to a document like this? what if it did make its way to the public domain? >> the problem of the document like this is that it could detail things such as our order of about, which means the disposition of the naval, air, and ground forces in a future attack around the pace of the attacks. and basically, it's a blueprint of how we would go to war with one of our key adversaries. that is something not only the

iranians, certainly the russians and the chinese and any other hostile intelligence service would want to get their hands on. it's not unusual for a precedents to ask for some kind of reason like this, for some kind of document, it's highly unusual for any president to want to keep it. so, that's what i think this is so chilling. the motives, as has been discussed already, certainly unclear. the idea that's being used almost as a political prop to embarrass his former chairman of the joint chiefs us beyond compare. but with many things with that former president, it's beyond the pale. so, that investigation will go forward. we'll see. >> i'll question you, charles, because considering this document is classified, would prosecutors even use it as evidence in the case? do they really need to prove he had it, or is there more value and having a tape discussing the contents? well, i think you can go either way. it's important to understand that the law does not specify you cannot have classified documents, so, the contents of the documents, whether they are classified, whether they are sensitive, whether they are secret or top secret, is

virtually irrelevant to the fact that they were not donald trump's to have. they were not his property. so, it's important to understand the contents of the documents themselves aren't necessarily the most important thing. of, course in many people's minds, it makes it worse. from a legal perspective, his guilt or innocence is really dependent on whether he have the documents, whether he kept the documents from an obstruction place. whether he attempted to invade investigative recovery of those documents. so, it could go either way. as a former prosecutor myself, i might avoid the security concerns and try to introduce the document and just rely on the reporting itself. if anything, introduce something that was heavily rejected. >> okay. carol, mark charles, great conversation. thank you so much. in the meantime, if you plan on buying a home in california, you will no longer be in quote, good hands, and you no longer have a quote, good neighbor. it's for the very same reason. so, what does it all mean?

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more difficult, especially with climate change to buy a home, repair a home, but something that they're worried about, is this not only gonna get harder to do that, but it's something that could be a sign of what's to come in other states. >> the state that have seen some of the country's most extreme weather is taking another hit. now that all state is leaving new california home buyers and other hands. causing new home and property insurance in the state altogether. the company citing wildfires, higher cost for repairing homes, and higher reassurance premiums for the decision they made quietly last year. just last week, state farm announced the same move in california for similar reasons. >> for those with dreams of buying a home in california, should they be worried? >> absolutely is a reason to be concerned right now. >> this year california has seen all types of extreme weather. from severe drought, to catastrophic flooding. sometimes, both at the same time.

and out of california's top 20 largest wildfires in history, 13 of them happened in the last ten years. >> when you combine all of those, it makes it very difficult to do business, in particular underwrite insurance policy. >> now with two of the states top five largest property insurers scaling back coverage, brokers on the other side of the table say it's changing the way they do business. asking buyers now to call insurance companies upfront. >> typically, most buyers don't really reach out for home insurance. until, you know, a couple days before the close escrow. >> it's not just affecting residents in the golden state. future homeowners in places like florida, texas, louisiana, all battered by hurricanes in recent years, now in the path of a looming insurance crisis. >> these are all very disaster and natural catastrophe prone areas. we definitely want to see things changing in the cycles. >> severe weather season just heating up, the final financial hit, i'm likely to cool down

anytime soon. >> so it's worth noting that states like florida have already seen insurance companies essentially bail out, this was before hurricane ian. before hurricane ian went through a devastated parts of florida. that was early last year. there's obviously a lot of states in the country that are worried, looking at what's happening here in california, worried that this might also happen to them. alex, when we talk about severe weather, also worth noting, hurricane season officially started just a few days ago. >> yes, it sure did. okay, thank you so much, from l.a. from that. you will only hear about it here. a new and exclusive nbc report that blew the cover off a website selling bogus currency with donald trump's image. you will not believe how much the fraudster said you could make for just penny spent. and harold. wayfair's got just what you need... performance fabrics, stains don't stand a chance.

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websites selling bogus currency claiming to be issued by the former president have been shut down after nbc revealed the companies were scamming trump supporters out of tens of thousands of dollars. peddling the fake money as a ticket to help reelect trump and make them risk when they catch it in. to be clear, there is no evidence allege scammers are connected to trump or his reelection campaign. but nbc news senior reporter, randi sub john ski, wrote this story. and he is joining me right now, this is a wild one. tell me about the company's, about the products they were selling, which are created so call official trump 2024 gold cards, and trump rebates banking system membership cards, i, mean i didn't know trump had a bank. but anyway, what were these trump supporters promised and what did you uncover? >> nice to be with you, alex. really nice to see you, so this whole scam was based on these fake currencies, right? these commemorative coins, basically. we've seen them, they have them

with elvis and all types of people and former presidents, but that would have been fine, and on the website it actually does say it's 4 am revealing a purposes only. but this wasn't affiliate market exam, so all the websites might have said that, the hundreds of people who were hawking these things to get a cut of the sales, they were posting fake i videos, they were posting these fake claims that promise that if you were one of the trump supporters who believed in trump, then you could buy these things for ten bucks a pop and they would be worth $10,000 in the future. >> what! >> that donald trump was still on power and he wanted to make his following rich, and the phrase was, make america wealthy again. and these people, who are senior citizens, who are trump supporters, many qanon folks who want to believe in something, it's a political romance scams, right? we want to believe in something verifying the stuff, and they're getting swindled. >> when you reached out to

trump's people, what did they tell you? they put out any alert about the scam? or but even aware of? them? >> it doesn't seem like it? well, the problem is is that these sorts of scams aren't uncommon, especially with the proliferation of a.i., we are going to see more and more of. them and i don't think it's not really fair, i don't think, to put that on the trump campaign, right? however, that people who bought this stuff, the trump supporters, are very upset, because they do want trump to come out where the campaign to come out and say, don't fall for this scam. unfortunately, that's just not happening. >> what is the worst loss that someone suffered, based on what you've reported and uncovered? >> yeah, we met an older woman on this ability. her daughter and law contacted us from tampa, and she said she had spent and showed us, sent us 17 photos of just tables full of this junk. she had spent tens of thousands of dollars on it