congresswoman katie porter joins me on that then - >> this is all about accountability he needs to betabl for his dirty deeds. >> all eyes on the grand jury, as michael cohen testifies against his former boss. tonight, just how close ar prosecutors to indicting the e president. plus, how a handpicked conservative judge effectively hid an abortion pill hearing from the public. and as trump tackles desanti head on in iowa, hear th softball interviews. >> i'll tell you, you know, as governor, and if you are determined executive, you ca make things happen, and we'v done that in florida >> when all in starts righ now. ♪ ♪ ♪ >> good evening, everyone. from new york, i am ayma mohyeldin in for chris hayes there is a lot going on tonigh at this hour, as we watch tw big stories develop. earlier today, in manhattan, donald trump's former personal lawyer and fixer michael cohen testified for three hours in front of a grand jur investigation into the e president. we're gonna have a lot more on that story coming up but, first, to the potential economic crisis that unfolde over the weekend the fede

bank rupture california congresswoman, kati porter, joins me live to discuss the fall of silico valley bank and why we all should care. he speaks former vice presiden mike pence makes his strongest comments yet on donald trump and the january 6t insurrection and a little lol from snl. >> oh my god, it is george santos >> no, no, i am definitely thomas q cruz. >> george, you not fooling anyone >> yeah, except i did. now i'm in congress. >> i am jonathan capehart, thi is the sunday show president biden unveiled his new budget proposal this week, a seven trillion dollar plan that in vested billions into affordable childcare, whol care for older or disabled americans, and lowering housin costs. the plan proposes to pay for i by the corporate tax rate to 28% and imposing in 25% tax on billionaires a proposal snl had a little fu with last night. >> president biden proposed hi budget that would help fun medicare with 25% tax on billionaires take that rihanna! >> the white house says th plan could cut the federal deficit by a whopping thre trillion dollars over the next decade while still allo

joining us now, the house oversight and reform committee remember katie porter from california, a state especially impacted by the silicon valley collapse and very well known on capitol hill for holding financial institutions accountable with your white boards, running for senate next year in your state as well. very much appreciate your time. so, you know, i hope you have had a chance with your colleagues to be using to white board and explaining what's going on with the interest rate risk and what happened in each of these cases, but today again, congresswoman, regional bank stocks fall to record lows despite the president coming out and speaking and saying deposits are safe. do you think we're at more risk of bank runs? >> i certainly hope not, and i think we can take steps legislatively to try to prevent these kinds of bank failures in the first place, because once you get into them, there are no good solutions. it's just a choice among difficult choices, and so i think we can make sure that banks have more capital. and to be clear, we did that after dodd-frank for this exact size o

. >> the democratic field to fill her seat also includes representative katie porter and adam schiff. as for republicans, state has not elected one to the senate since pete wilson in 1988. >>> university miami rallied to upset texas last night in the men's march madness tournament. mommy investigators for the first ever trip to the final four, where they will face the university of connecticut. florida atlantic will also take on san diego state next saturday live here on kpix. mourn the men's and women's tournament in about 15 minutes. for now, that's a look at your top stories. >>> developing is in the south. we are not the only dealing with severe weather. now millions are bracing for the worst after deadly storms pushed through the southeast over the weekend. mississippi is seeing some of the worst of it after severe storms and tornadoes killed at least 25 people and injured dozens over the weekend. cbs news is there and rolling fork and the national weather service says, the turn it was actually an ef4. you can see that just by the damage, have you ever seen anything like this in

several democrats, including congressman adam schiff, congresswoman barbara lee, congresswoman katie porter have all announced their intention to seek feinstein's seat in next year's election. still ahead tonight, the new legislation introduced to protect americans from threats posed by tiktok. >> what the bipartisan bill >> what the bipartisan bill aims to accomplish. a lot of new dry eye patients in my office tell me about their frequent dry eyes, which may point to dry eye disease. millions of americans were estimated to have it. they also tell me they've tried artificial tears again and again, but the relief is temporary. xiidra can provide lasting relief. xiidra treats the signs and symptoms of dry eye disease. don't use if allergic to xiidra. common side effects include eye irritation, discomfort or blurred vision when applied and unusual taste sensation. why wait? ask your eye doctor about a 90-day prescription for xiidra today. >> u.s. lawmakers are moving closer to banning the wildly popular social media app. tiktok in the united states today a bipartisan group of senators introduc

you >> all, right as you heard there congresswoman katie porter.turn to former trump chief economic adviser, gary colin. and former president and ceo of one of the biggest banks in the country, goldman sachs. and head of the economic council. gary, let me ask you what the conversation there i just had with miss porter. do you agree with the use bailout? >> no, i. down at the end of the, day i think the president made it clear. -- that the taxpayers won't pay anything for this. but i think they'll work over 100 percent of the money that they need to spend if they need to spend. anything >> what about the depositors who are the taxpayers? >> the land making money. remember, in the situation they equities been wiped down, the bombs have been wiped out. the trust has been wiped out. capital structures have been wiped. out when you end up liquidating the asset portfolio of the bank, there will be excess capital. that's most likely the scenario. ran in someone's gonna and that excess capital. >> is there any chance that it's the depositor? >> no, i don't

coming up, congresswoman katie porter is here and we've got a lot to talk about. top of the list? the fight to protect abortion rights. you do not want to miss it. and later, she is dominating the awards circuit right now. but she says she's not done yet. my one-on-one with superstar actress michelle yeoh and her very important message. the 11th hour just getting underway on a very important wednesday. (psst psst) ahhhh... with flonase, allergies don't have to be scary spraying flonase daily gives you long-lasting, non-drowsy relief. (psst psst) flonase. all good. we planned well for retirement, but i wish we had more cash. you think those two have any idea? that they can sell their life insurance policy for cash? so they're basically sitting on a goldmine? i don't think they have a clue. that's crazy! well, not everyone knows coventry's helped thousands of people sell their policies for cash. even term policies. i can't believe they're just sitting up there! sitting on all this cash. if you own a life insurance policy of $100,000 or more, you can sell all or part of it to coventr

. >> democratic fields to fill feinstein's seat includes representatives katy porter and adam schiff. the state has not elected a republican to the senate since pete wilson in 1988. >>> vice president kamala harris in africa. she arrived in ghana. >> on this trip i intend to do work that is focused on increasing investments here on the continent and facilitating economic growth and opportunity. specifically in the areas of economic empowerment of women and girls we will build on the previous meetings i have had with each of them to strengthen democracy and good governance, promote peace and security, build a long term economic growth, and strengthen our business ties. >> she's also expected to taub about climate change and the war in ukraine. >>> three gop leaders are considering legislation to protect former and current presidents from lawsuits. this comes of course as former president donald trump is being investigated about an alleged hush money payment to adult film star stormy daniels. the district attorney fired back saying it's inappropriate for congress to afear in pending loc

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. >> the democratic field to fill feinstein seats includes katie porter and adam schiff, there are republicans the state has elected one to the senate since pete wilson in 19883 gop leaders said their adding legislation to protect former and current presidents from lawsuits this comes as former president trump is being investigated about an alleged hush money payment to adult st star stormy daniels. alvin bragg fired back saying inappropriate for congress to interfere with pending local investigation and said this action undermine the legitimate worker prosecutors, the new york da had to increase security following recent death threats. from that our own stormy weather coming into the bay area tomorrow night. >> focus primarily on tuesday, the national weather service put out a wind advisory for this, i want to focus on the element to the first especially the recent memory of the storm that came through exactly one week before this one is going to read the to have similarities but i want to make it clear off the bat this is not going to be the intensity that that one was. i'll show you why if

members of congress, katie porter, adam schiff and barbara lee have announced intention to say fill her seat. >>> a big cost for investors still ahead on "today in the bay," a slowdown in demand at big box stores that has wall street taking notice. >> plus, helping the competition. we're going to tell you about the new move from espn which may reduce your search time for finding your favorite game. stay with us. we'll be right back. >>> right now on your friday morning at 4:42, let's head to vallejo where it's cloudy and temperatures in the upper 30s. it is a cold start and we'll have a calm wind and mostly sunny skies today. it's still going to be cool, but this is our break before more rain comes in. we'll go hour-by-hour with our rain forecast coming up in a few minutes. >>> i just told you there might be slowing across the golden gate bridge through the area with the cones, but this looks like it might be unrelated to the crew that was doing the overnight work. i see what looks like a caltrans truck, but the other one with the flashing lights, i'm not sure why they're blocking the o

coming up, congresswoman katie porter is here and we've got a lot to talk about. top of the list?he fight to protect abortion rights. you do not want to miss it. and later, she is dominating the awards circuit right now. but she says she's not done yet. my one-on-one with superstar actress michelle yeoh and her very important message. the 11th hour just getting underway on a very important wednesday. nt wednesday. cha brewer): if i just stare at these payroll forms... my business' payroll taxes will calculate themselves. right? uhh...nope. intuit quickbooks helps you manage your payroll taxes, cheers! with 100% accurate tax calculations guaranteed. cheers! meet apartment 2a, 2b and 2c. 2a's monitoring his money with a simple text. like what you see abe? yes! 2b's covered with zero overdraft fees when he overdraws his account by fifty bucks or less. and 2c, well, she's not going to let a lost card get her stressed. am i right? that's right. that's because these neighbors all have chase. alerts that help check. tools that help protect. one bank that puts you in control. chase. make

she was the latest person to enter the race and she is joining representatives adam schiff and katie porter. where do you stand at this point? will you make your own run at the seat? >> i am a big admirer of barbara lee, one of the consistent antiwar voices in the congress. i said it is important that we have an african-american woman. i have also said that i will be making an official decision by the end of the month but that barbara -- would be something i take into consideration. i will be talking to my -- next week and we will have a final decision by the end of the month. >> do you mean we should have had you on and a couple of weeks instead of today? >> i always enjoy coming on. i am happy to come back anytime. >> all rights. thank you. i know you have a lot of work to do. >> appreciate it. >> take care. in addition to the banking turmoil and stock market ups and downs, we are also seeing another round of tech layoffs. meta-announced 10,000 more people would lose their jobs as the social media he met continues to tighten its belt. joining me now to discuss more financial news, our mar

barbara lee and will co chair her campaign along with congresswoman lee, orange county congresswoman katie porter and burbank area congressman adam schiff are running for the job. they are vying for the seat of longtime senator dianne feinstein, who will not be running for reelection ship has the endorsement of former house speaker nancy pelosi. porter is backed by a massachusetts senator elizabeth warren. san jose state political science professor donna crane said kana has been outspoken about the need for representation. he talks about the importance of having a black woman in the senate or, but it could also be generational. right there. there are 30 years apart in age. um so you know, he may be looking to set himself up for the next the next time a seat is open. there is currently no black woman serving as u. s senator and only to have served in the history of the senate, kamala harris here in california, and carol moseley braun from illinois. oakland zoo has had a difficult few months, the zoo says it has lost millions of dollars in revenue, all because of storm related closures, and it's pr

in addition to east bay congresswoman barbara lee, orange county congresswoman katie porter and burbank area congressman adam schiff have also announced they want the job. then we've got wet weather headed back our way for tuesday. we'll talk about that and how it could impact the rest of the week. tornado damage in three states tonight, including mississippi, where at least 25 people have died. coming up the teams on the move to help and see how something similar to crash test dummies are being used to keep pets safe. at least one tornado was confirmed in the state, but no reports of any injuries. that's not the case in the state of mississippi. the search and rescue teams there are moving into areas that are hit by tornadoes that killed at least 25 people late friday, entire blocks in a number of neighborhoods have been destroyed. as fox news charles watson reports. now many survivors don't know what they'll do next. i know we can rebuild. but what you do with the devastation? what you doing? the opening yeah. volunteers arriving in mississippi to help survivors of the devastating and

and that is is an r plus 2 district and also in california katie porter running for senate an orangey seat we believe we can win. >> congressman, you are also involved in are are you cutting -- recruiting c candidates. do you get involved in picking candidates? >> absolutely, trey. number one job is recruiting candidates, house republicans have done a good job of this for several cycles. we picked up 15 seats in the house, that last cycwe'll took the majority back, the key on our success was recruiting great candidates. we recruit strong candidates, then we build strong campaigns around them that is how we will add seats this time. trey: you are right, we are friends we traveled together and took the plane back home together. i thought i did a better job of convincing you to not take on difficult challenges youi will the not get a lot of credit, you are sure this is what you want to do? >> well i appreciate that. absolutely, i'm having a blast. selling this house majority across the country is a fun for me, meeting the great candidates that we're recruiting there is a lot of energy,

someone like schiff and the other person running is katie porter, i mean, what about that?this -- what we did discuss before is that there's this one large problem of -- and, you know, head of the progressive caucus, that's pretty ideological, but that is where wokism, this cancer of wokism comes up which infects everything. you can't have -- like with the banks. the moment you turn and look at your virtue signalling for wokism, you take your eye off the ball of policy and real life and accomplishment, and everything goes to hell. that is what every single democrat right now is dealing with, except for perhaps kirsten sinema who is now an independent. >> steve: i think you got to the key points, summed it up beautiful. we will see you soon. thank you for joining us tonight. come back next sunday when the next revolution will be televised. ♪ ♪ >>> good evening. thank you for joining us. i'm trey gowdy. it is "sunday night in america." what do we want in a political leader? in a president? when it comes to politics and those seeking office, do the american people get what we

other democrats hoping to take that senate seat include representatives adam schiff and katie porter. >> lawmakers in washington continue to talk about whether or not to ban the popular tiktok app. >> coming up, we'll tell you about what one state is doing to limit the amount of time that kids spend on social media. >> plus, deadly tornadoes killing more than 2 dozen people. the latest on search and recovery crews digging through communities in mississippi. >> welcome back. in national news tonight, president biden has declared a disaster declaration after several tornadoes assaulted ass spoke with leaders who say help is on the way. it was a real path. >> it really we will have a skate. >> kaisha stamps will never forget the moment that an 4 tornado ripped through her family home. i made up my dog and i kamala to take off. >> but when the he says town of rolling fork was one of the many in the state devastated by a powerful tornado that touched down on friday night stretching across mississippi and alabama. it was on the ground for more than an hour and flattened homes flipped 18 the

earlier conversation he's quite policy focused on a rabidpe partisan were adam schifrsf to e s katie porterat we discussed before the lone large problem ahead of the progressive caucus that isal pretty ideological that's where woke is them the cancer of focus him which infects everything you can't have with the banks the moment you turn and look at you virtue signaling for woke is them you take your eye off the d ball of policy and real life and accomplishment and everything goes to hell that's what everyat single democra rt right now is dealing g with except for kyrstn sinema who is an independent.w therane we go i think you got to the key points we will see youk soon, thank yoyou for joining ua and make sure you come back next sunday when "the next revolution" will be televised thank you for watching we will see you next week. ♪ . trey: good evening and thank you for joining us i'm trey gowdy ended "sunday night in america", what do we want in a political leader in the president. when it comes to politics and those seeking office to the american people get what we want? do we get what we

back to the earlier conversationicie, he has policy focus whereas the other person running is katie porter aboutwe that? >> steve: , >> what we did discuss before there is this one large problem.ogic ahead of the progressive caucus, that is ideological. but that is where woke is some,e this cancer of localism comes up which impacts everything. you can't have like with thes. banks, the moment you turn and look at your virtue signaling for localism, you take your eye off of the ball of policy andd real life and accomplishment and everything goes to hell. that is what every single democrat is dealing with perhaps kristin simoneau who is now in a dependent. >> steve: therve: e we go, we gt to the key point and we will see you soon. and make sure you come back next sunday with "the next revolution" will be televised. ♪ ♪ 's be when we begin with a fox news alert, a major new threats for parts of the south already devastated by the deadly tornado outbreak over the weekend. no images revealed the extent, obstruction and 26 people confirmed dead, several towns reduced to absolute rubble. you are w

running in the race along with the east bay congresswoman barbara lee, orange county congresswoman katie porter and burbank area congressman adam schiff have announced that they are running for that seat. alright your time now is for 17 time to talk about the day ahead as we go into this work week with our eyes on the changing weather steve changing tonight tomorrow, but this morning is more about cold than anything else but to hit its on its way here a lot of thirties here i mean many 30 so frost advisories out until nine o'clock. if you're north mendocino county, lake county. it's a hard freeze, but i mean, very few forties here, sfo and san francisco fairfield. other than that, it's all thirties. here. even berkeley's in their hayward. he's paid central alameda is 43 l street. oh 43, kensington 41, but panels 34 lafayette's down to 33 even hayward's 39 danville in there, clayton. a little bit of a breeze must be holding up that pittsburgh tent but even brentwood at 37, so it's a cold 17 south lake tahoe 24 in reno, which had what's 56 inches of snow on sunday morning. 33 uk sacramento 35 mon

and katie porter. and there's a new poll out about whether governor gavin newsom should run for president, quinnipiac university poll says most california voters don't want governor newsom to run for president next year 70% of california voters in that survey opposed the idea of newsome joining the presidential race, and that includes 54% of democrats. 22% of those surveyed support the idea of newsome running for president. san francisco mayor london breed may have some difficulty getting the board of supervisors to approve her plan to use tax breaks to attract new companies to the downtown area, according to the chronicle supervisor, connie chan. the board's budget share, says she does not support some of the mayor's proposals. now chan says she's concerned the proposed tax breaks could reduce revenue for city services. mayor breed is proposing to give tax discounts to new companies that moved to downtown san francisco up to $1 million per year for three years. oakland school board has rejected a budg

there's no democrats including elizabeth warren and katie porter saying we need to bring back that regulationo you think that finds a home in a bipartisan fashion in this current pliical climate? >> i think the collapse of these two banks certainly gives valuable ammunition to the elizabeth warrens of the world she can say look at this disaster, it could have been avoided possibly if we require this bank to be more conservative, which means the bank is required today have more cash available if things get a little tight, you know, and not just max out their risk profile assuming everything will be wonderful forever and plan for a rainy day. they did not do that, so i think it is a good time to try to revisit those issues, but you can never say for sure it seems a lot of republican lawmakers when it comes to these financial regulatory issues, they'll flip-flop depending on which way the wind is blowing and anti-trust and the tech sector some are against it, and some are for it yeah, it's a good moment to go in there and at least try because rolling back those regulations is clearly -- >> clear

legislation and where we think it's going >> last night senators elizabeth warren and representative katie porter of california introduced a bill that in their words would root and branch remove this bill s2155 from 2018 that introduced these key deregulations. they want to get rid of it they think it introduced too much risk into the regional banking system, and regional banking system risks if you'll notice $200 billion is a very large bank. the thing about that when banks fail they usually need to be absorbed by other larger banks, but there's only so many other banks that can afford to eat -- absorb a $200 billion institution. the list is really small, so it's just not easy to deal with on the regulatory front. >> yesterday we did see a stabilization of bank shares on wall street. financial services reporter at punch bowl news, brandon peterson, thank you so much for your insight >> still ahead here on "way too early" what we're learning this morning about a showdown over the black sea. the united states is accusing russia of downing an unmanned american drone >>> plus embattled republican co

i am glad to see katie porter and others have said they're going to put forward legislation to reverse happened, what mark warner as an example supported. and that is a good thing. as we talked about before, there is talk of extending deposit insurance. but the thing that has to happen in my view is if you're going to extend deposit insurance and you need to, one, make sure the banks put up the money from more that insurance and, two, that that insurance has to, with stronger regulations on these banks so they cannot gamble with depositors insurance and that regulators can know that there aren't going to be bank failures as this proceeds. amy: barney frank, if you can answer that question, the author of the frank-dodd bill? >> that is an incredible story. you have the author of the dodd-frank bill who then gets on the board of a bank come a bank that was this weekend shuttered. so it shows, in my view, the revolving door between the policymakers and the banks that are trying to weaken policy. it is almost -- if you put it into a movie about corruption, your screenwriter would say, you

open seats in california and michigan where reps katie porter and alyssa slotkin are running for senate strategy to see it play out for your party? >> the strategy is we are going on offense. we saw this past election cycle the american people were looking for leadership. house republicans ran on our commitment to america and economy that's strong and nation that's safe, a future built upon freedom and government that's accountable and in new york, we are going on offense and importantly, in the first three months of the majority. over 30 were passed on a bipartisan basis, unleashing american independence, fundamental freedoms, getting rid of the punitive covid mandates, we are hitting the ground running and make sure we deliver the results and ultimately grow our majority in 2024. >> sandra: i want to ask you about what we are waiting at this hour, and president trump expects to be arrested tomorrow as new york law enforcement we have been told is preparing for the possible indictment. i want to get your reaction to that as we await anything in the next hour or so on this. >> this is a

several democrats including congressman adam schiff, congresswoman women bar billy and katie porter have all announced their intention to seek feinstein's seat in next year's election. now to our 4 zone forecast with a live look at san mateo bridge. still busy at the 8 o'clock hour. and lawrence joins us with an update on the rain that's coming. yes, jackie, we're talking about more rain. what a year it is been and now we're here marching usually. >> we start to transition. get a couple little he waves in here a little spring feel. well, it just hasn't been the case. we had these cold storms rolling in one more cold storm tonight. at least the temperatures are going to warm up, but it's going to rain a lot harder in the coming days out there tonight got partly cloudy skies. you see that swirl in the atmosphere. that's area of low pressure that has been spinning storms in even throughout the weekend. finally, it is going to begin to make its way onshore will bring with it. one last batch of rain. we're already starting to see some of those showers begin to show up in the north bay up towa

. >> reporter: the democratic field to fill feinstein's seat includes katie porter and annie shift.for republicans the last one elected to the senate from california is pete wilson in 1988. >>> three g.o.p. leaders say that they are considering legislation to protect former and current presidents from lawsuits. this comes as you know, former president trump is being investigated about an alleged hush money payment to adult film star stormy daniels. the district attorney alvin bragg fired back saying it is not appropriate for congress to interfere with pending local investigations this type of action undermines the legitimate work of prosecutors. the new york d.a. has had to increase security following recent death threats. >>> vice president kamala harris is touring africa. the vice president will hold talks with the president of each country. >>> the concept of four day workweeks is catching on in some countries with researchers revealing the health benefits of spending few hours at work. ian lee looks at one company that has already made the switch. >> reporter: new research says

other democrats hoping to take that senate seat include representatives adam schiff and katie porter. >> march madness and shanghai. kelly's in san francisco today where san diego state fans gathered to watch their team eventually punch their ticket to the final 4 in houston. it was around here in northern california, but it was even around here on campus today, with 10 reports from the school's arena and has more on all the fun. >> tax making school history again. first making it to the elite 8 now advancing to the final 4 after beating creighton university. next up, the aztecs matchup against florida atlantic university. we want the aztecs getting their revenge over crane after losing to the blue jays in the first round last hard >> well, that was a la ni la tang reporting for us tonight. >> coming up here on kron, 4 news at 9, the death toll has risen in the explosion. chocolate factory in pennsylvania. the latest on crews search for the missing. >> plus, 7 stating tornadoes leaving several communities across the south with nothing a closer look at their roads to recovery. and 50 y

also running to replace senator feinstein, southern california congress members adam schiff and katie porteray, the mayor bass announced he's endorsing congresswoman, lead congressman adam schiff rolled out a long list of endorsement up and down california the list of more than 70 mayors, county supervisors, city council members and other local leaders includes san francisco supervisors aaron peskin and matt dorsey. california's primary election is just over a year away. it is set for march 5th of next year. federal rules could help stop bright car headlights from blinding oncoming drivers, according to a report about half of all fatal us crashes and three quarters of pedestrian deaths happen at night. smarter headlights that can shine more light on the road without a glare for oncoming drivers are on the way. this advanced headlights have been in use abroad for years, but just became legal in the united states last year. gasia time. 7 38 hey, sal, what's the latest on the hour commute this morning ? it's getting better on 80 when she was having a really bad start. but right now it's kind of

. >> that's why it's important elizabeth warren, the bill introduced by elizabeth warren katie porterst will apply to these mid size the regional banks it's important biden administration tak action against executives that are trying to sell off the shares, some of the stop right before the bank. fails mayor process we need to put in place to make sure that we're not, that consumers have confidence and that we're no at a pace where banks ar failing their taking on undu risk >> sorry, i was gonna jump int say i agree with you on that point. i feel that's incredible tha were unable as a society, as a government to learn from these mistakes, we're talking abou where the 900 banks bein bailed out by the federa government to the tune of 60 billion dollars aware of adobe about on student relieved. which would cost 380 billion dollars over ten years >> th brittany packnett cunningham and alaina beverly, thank yo so much for joining us thi evening. after the, break my fina thoutsgh on the big news of th day. and our two political partie react. stay with us it only takes a second for an everyd

banking regulations, while o capitol hill, democratic senator elizabeth warren and congressman katie porterurprise, are working on legislation to work -- a bipartisan trump era law tha rolled back some banking rules meanwhile, we are also following the former president escalating legal troubles, including the latest on th hush money case. donald trump's one-time fixer, michael cohen, we'll be back i front of the graduate more for a second day testimony in that investigation. prosecutors invited trump to testify but, as you know, he declined but tonight, trump's lawye revealed part of what sounde like his clients defense >> the payments were made to a lawyer went to stormy daniels first from cohen this is how michael cohe structured this, by the. way it went to stormy daniel from michael cohen he decided he was going to d with this way and asked fo reimbursement, what he bille as legal fees. because there, this filing was not for the purpose of influencing an election. it wasn't something -- being hidden donald trump is going to win the election and if they bring this case, i believe this wi

congressmember lee is the third democrat to run for senator feinstein's seat, along with congressmembers katie porter schiff. if elected, lee would be just the third black woman to serve in the u.s. senate's 233 year history after carol moseley braun and now vice president kamala harris. for more, congressmember lee joins us now. she is a member of the powerful house appropriations committee, former chair of the congressional black caucus, chair emeritus of the progressive caucus, and as a member of the steering and policy, the highest-ranking black woman appointed to house leadership. welcome back to democracy now! this is the first time we are getting to talk to you since your announcement. why you want to run for the senate and how you would apply your views to what was just presented yesterday, president biden proposing the budget, increasing the weapons budget but also talking about preserving social security? >> thank you so much. it is nice being with you again. first of all, i am running for the united states senate and i intend to win this race. there's so many issues that have noteen addres

like this you've got to -- i mean, you need somebody like elizabeth warren, somebody who's like katie porter, who i on our air earlier tonight, to both explain what's going on but you also, i, think point the finger at the people who did wrong here, that got us to trauma like we've had over these past few days. >> yes, and jen psaki is going to join us later in the hour because there's nothing quit -- like while, there are things like, but bank failure is on of the things that ruins white house staff plans for th weekend. and so, she's going to take us inside what it was like at the white house this weekend facing this bank for their situation, and why the president caught out at 9 am today to say exactly what he did say. >> i mean, bank failure is why fdr felt compelled to come u with the fireside chat his first fireside shot was 90 years ago yesterday, to explai what was going on with the ban run. this calls for the best in presidential communication skills and presidentia communication innovation so, i imagine no one is gettin that thing >> needless to say, i love the fdr portion of your

amy: congressmember katie porter unveiled a similar bill in the house. this comes as reports emerged the justice department and the securities and exchange commission opened investigations into the collapse of svb. the environmental protection agency has proposed new rules to force water companies to remove what's known as forever chemicals, or pfas, from drinking water. the man-made chemicals, which have been linked to cancer, infertility, and thyroid problems, have also been detected in many common household products including cosmetics and food packaging. environmental groups welcomed the move but pushed for stronger regulations against the all-around use of pfas and to force chemical companies to pay for their pollution. president biden issued an executive order offering modest improvements on gun control, including increasing background checks. den annound the new asures tuday while siting california's monterey park, where a gunman killed 11 people in january at a dance studio during lunar new year celebrations. pres. biden: attorney general to take

far in the race for the seat held by senator dianne feinstein , who is retiring adam schiff and katie porterboth from southern california, are also in the running. a new quinnipiac university poll shows that a majority of california voters do not want governor newsom to run for president next year. 70% of california voters said he should not get in the race that includes 54% of democrats. 22% say they want governor newsom to make a white house bid problems with california's employment development department. we're learning of cases where people were approved for benefits. and paid years ago. but now the state is taking back the money. ktvu brooks jarocz has one woman's story. it's been awful, to be honest, a area school teacher who lost her second job as a restaurant server at the start of the pandemic applied for unemployment benefits. she was approved in paid in 2020, but now an expensive problem, california's employment development department said she wasn't eligible, accusing her of fraud and claiming she was overpaid. more than $13,000. so the state began garnishing her teaching wages e

members of congress, katie porter, adam schiff and barbara lee, all have announced their intentions to fill her seat. >>> to a live look this morning from palisades tahoe, more than 12 feet of snow has piled up in some parts of the sierra nevada. and later today the third snow survey of the season gets under way to measure water content in the snowpack. this will give us an insight into our future water supply here in california. take a look at the side-by-side view of last week's drought update compared to this week's. you can see some parts of california are in white, which means we're no longer in a drought in those areas. >> it's amazing to see how far we've come in just a few minutes. >> yeah, think back to october when there was a lot of red on there, which was extreme to even exceptional drought. and we do have more snow on the way. so just a heads-up if you are going to the sierra that there is now a winter storm warning that will go up at 10:00 tomorrow morning. so we have a small window to get there, but also a winter storm warning for lake county as well if you're going towa

now on recess, but you know, one of the biggest calls that you're hearing are from people like katy porter and elizabeth warren who are saying that that bill in 2018 to roll back some of those banking regulations needs to now be rolled back itself. this is what elizabeth warren said, quote, repealing the 2018 legislation that weakened the rules for banks like svb must be an immediate priority for congress. you can expect that lawmakers on both sides when they get back to washington are going to be finger pointing. you're already seeing some republicans arguing that what the biden administration is doing is akin to a bailout even though the biden administration is going to great lengths to make that message clear that this is not a bailout from the american taxpayers. so there is going to be a lot of finger pointing, but who you are pointing the finger at is really going to be determinative of whether or not you're a republican or a democrat up here on capitol hill. >> and the culture wars are coming into play, as well, here. >> reporter: yeah. i mean, there are some house republicans and a

several democrats, including congressman adam schiff and representative barbara lee and katie porterced their intention to take feinstein's seat in next year's election. >> next up in sports, the moyers in okc tonight taking on the thunder sports director jason dumas. has your highlights. coming up. you didn't choose cat allergies. you didn't choose your hairline. hot flashes, the flu, or that thing when your knee just gives out for no reason. you didn't choose your bad back or this. or... that. you didn't choose depression, melanoma, or lactose intolerance. but with kaiser permanente you can choose your doctor who works with other best-in-class specialists to care for all that is you. >> and now kron 4 sports. >> the dogs are on game 2 of their 3 game road trip looking to get their groove back after a loss to the lakers tonight, oklahoma city thunder. this was steph second game back from injury and he did his part. but the dubs wasted a vintage steph curry performance. it was another hoard. start double down 13 to 2. but here's steph knocked down the tray to make it a 2 point game.

well i'm sure that this is an issue that you pretty much agree with katie porter. one of your rivals let's say for that senate bid right now in california but what do you do about the house republicans? >> well, i would hope, but who knows, that in light of this you know, run on now two banks and panic among others, that there will be bipartisan support to look for remedies to once again strengthen oversight and regulation but, look. the republican party has been consistent really only on one thing. most of the ideology has gone out the window in the year of trump, but the one consistent thing pre-trump, they answer to their wealthy donors and so i am skeptical of how much republican support we're going to get, but we need to try to get this done and in the house right now, we can't do it on our own >> tell us about your briefing with the treasury yesterday and what questions were being raised and how satisfied you were >> i think that treasury in the two briefings that i participated with treasury, fdic, initially were trying to maintain a strong face that they're

congressmber khanna recently joined senator elizabeth warren, congressmember katie porter, and otherspush for stronger banking regulations following the collapse of silicon valley bank and signature bank. khanna has criticized fellow democrats who supported a 2018 bill that weakened dodd-frank, the landmark regulatory reform passed in the wake of the 2008 financial crisis. executives from silicon valley bank and signature bank were among those who successfully lobbied to weaken rules that may have prevented their collapse. silicon valley bank is based in ro khanna's district in california. congressmember khanna, welcome back to democracy now! what needs to happen overall? how can regulations be tightened? >> thank you for having me back. we need to regulate large regional banks the same way that we regulate the -- i remember when the silicon valley ban exec its work in my office pushing foderegulation. i voted against that deregulation. i believe the deregulation was a cause of the bank failure. you would've had liquidity test, stress tests. i know yellen has said maybe those tests wo

bank rupture california congresswoman, kati porter, joins me live to discuss the fall of silico valleyongest comments yet on donald trump and the january 6t insurrection and a little lol from snl. >> oh my god, it is george santos >> no, no, i am definitely thomas q

me feelings that said, on days like this you need somebody like elizabeth warren somebody like katie porter, wh was on here earlier, to both explain what is going on but also pointed a finger at the people who did it wrong, here. who brought us to drama like we've had in the past fe years. >> yes jen psaki is going to join u later in the hour. because there is nothing quite like - well there are things, like bu bank failure is one of the things that ruins white hous staff plans for the weekend. and so she is going to take us inside what it was a like at the white house this weekend facing this bank failure situation. and why the president has gone out at 9 am today to is sa exactly what he did say. >> and bank failure is why fdr felt compelled to come up with the fireside chat. his first fireside chat was 90 years ago yesterday, to explai what's going on with the bank. this calls for the bes presidential communication skills, presidential communication innovation so yeah, i imagine that was -- >> needless to, say i love the fdr portion of your top. i will be coming over probably about 11:30

of it having thi push in 2018 to deregulate these kinds of banks, and ther is now democrats with kati porterthat regulation do you think that -- >> i think the collapse of these two banks certainly give valuable emission to the elizabeth warren's of th world. she can say, look at thi disaster, it could've been avoided possibly if we require this bank to be more conservative that would basically mean that the bank is required to have more cash available if thing get a little bit tight it's not just maxing out the risk profile, assuming tha everything will be wonderful forever. and it plan for a rainy day, they didn't do that. i do think it will be a good time to revisit those issues but you can never say for sure that a lot of these republican lawmakers when it comes to these financial regulatory issues, that they will fli flap depending on which way th wind is blowing. we've seen this with other issues, and you trust reform and the tech sector fo example. some of them are against i some for, it they don't know what they think. i think they are going to have a little bit of that now i think i