kristen. the mayor's office tells me that these estimates are based off of possible federal cuts that have not happened yet. so they're looking to make pretty big overhauls to the budget. and not just these one time funds. count on them, like covid relief dollars, which have helped the city make up for shortfalls in the past. san francisco's budget is about to get worse. right now, the city is facing an $820 million deficit. but in an interview with our media partners at the san francisco standard, he says it could be nearly $2 billion. it comes as the trump administration escalates threats to withdraw funding for education, health care and more. >> we had better be prudent in making sure we're prepared for everything because this could get bad. >> supervisor matt dorsey is the vice chair of the budget committee. >> because it's going to be saying no to a lot of worthy programs. but unfortunately, that's the situation we're in, and unfortunately, it could get much worse. >> he says nothing is

. >> and i'm kristen z. major losses on wall street and the world's financial markets as the reality of president trump's new tariffs start to set in. the first tariffs take effect on saturday, ranging from 10 to 54%. trump says the tariffs will bring manufacturing jobs back to the u.s, but economists say it will push costs higher for businesses. consumers could be paying $2,100 more per year. some trade partners are planning retaliatory tariffs. >> it's definitely not a day of liberation for american consumers, but rather a day of inflation. >> what message would it send if major european players started investing in the american economy at a time that they're hitting us? so we need collective solidarity. >> mexico's president says the country will not rule out retaliatory tariffs since it escaped additional tariffs, but the country is feeling the effects. stellantis has paused production in canadian and mexican auto assembly plants, which also led to temporary layoffs for 900 u.s. workers. >> stocks took a

kristen. >> christiane. so now we've got this pause for just about every country except for china, right, on those additional tariffs. but any indication what's going to happen next in terms of policy or steps regarding those tariffs. >> yeah, it's a it's a really good question. of course we've seen how president trump can react and how the market reacts on top of that. so the short answer is no. but what the white house is saying is that they're going to use this next 90 days to negotiate with the countries that they say have expressed interest in negotiating. and whether that's a good thing or not, of course, depends on who you ask, right. on one hand, there are some republicans and supporters who say that this would allow us to get a quote unquote better deal right, and address the trade deficit. but in president trump's, you know, promise to revitalize american manufacturing, that doesn't quite get us there. so we'll see. is the short answer right. >> any revitalization of manufacturing could take years.

kristen. it's hard to overstate the economic impact these tariffs will have on businesses both around the country and here in the bay area. for months now, many local businesses tell us they've been preparing. now the day is finally here. president trump announcing sweeping new tariffs at the white house wednesday afternoon. trump saying america will now charge some level of tariff on all goods entering the u.s. from every other country in the world. >> this is the most consequential change that we have literally seen in the global trading environment in 75 years. >> and harrison is the former dean of the haas school of business. she says most economists believe the tariffs will have a negative impact on the overwhelming majority of both businesses and consumers. >> so a 20% higher tariff means you pay 20% more for your your goods, whether they're cars or tomatoes or you name it. >> the economic anxiety is being felt by many local businesses in the bay area. oliver mccrum runs a small european

. >> and i'm kristen z. the helicopter was carrying tourists when it crashed into the hudson river in new york. witnesses say the chopper appeared to be in distress before plunging into the jersey city side of the river. about 25 minutes after takeoff. >> a pilot and a family from spain were on board, three children among the dead. abc's reena roy with more from new york, including some dramatic images of that crash. >> dramatic video showing a helicopter crashing into the hudson river in new york city. we're freezing the video before impact. several witnesses say the helicopter appeared to break apart before crashing into the river. in this video, you can see the helicopter in the water and what appears to be a piece of the chopper falling down. >> i was walking by and i saw the helicopter. it was just coming down in that 45 angle and it went straight into the water. it was a big splash. >> it sounded like a sonic boom on my right. so i look up and literally i just see a helicopter splitting in two with the

good afternoon, i'm kristen z. >> and i'm julian glover. sonoma state is facing a $24 million budget deficit. the university has begun eliminating classes along with administrative and faculty positions, as well as the university's entire athletics program. >> abc seven news reporter cornell barnard has been following the story and has a look at today's hearing. >> i truly believe that everyone here shares the goal of a revived and thriving sonoma state. >> sonoma state president doctor emily cutrer giving north bay lawmakers an updan the future of her embattledupdan university. months after sweeping cuts to athletics and academics were announced. >> our university budget advisory committee, representative of all campus constituencies, for example, is prioritizing programs including versions of program scheduled for discontinuation but now streamlined and revised to increase enrollment. >> the university, facing a $24 million budget deficit due to csu funding cuts and declining enrollment. leaders at this legislative forum wanted to hear de

good afternoon, i'm kristen z. today's move represents a dramatic shift in economic policy for the u.s. it's aimed at restoring u.s. manufacturing prowess and the balance of trade, but it certainly threatens to escalate an emerging global trade war. let's get the latest live now from washington, where abc news reporter christiane cordero will be breaking down for us the president's new batch of tariffs. christiane. >> kristen, great to be with you this afternoon. so the president is adamant that the long term benefits will be worth it. but his announcement today sends a ripple effect of uncertainty across the economy. it's an announcement the administration and economy has been anticipating for months. >> my fellow americans, this is liberation day, the day america's destiny was reclaimed and the day that we began to make america wealthy again. >> today, president trump in the rose garden, unleashing reciprocal tariffs against major longtime trading partners. >> reciprocal. that means they do it to us and we do it

okay, thank you so much for all of that to kristen, kristen salumi for us there at harvard university. or would you estimate credit as soon as it chris van holland has arrived in san salvador? this follows the trumpet administration's assertion that they no longer have the jurisdiction to order the return of come up re go garcia, who was mistakenly deported to a super max prison in el salvador. and much on arriving in el salvador van holland, she had this video on x. the goal of my visit is to talk to people here about the release of killed mar abrego garcia. i told his wife and his family, i would do everything possible to bring him home and we're going to keep working at this until were successful. i also hope to have the chance to meet with him, but we'll have a better idea if that works out a little later on. reynolds has more on this from outside of the department of justice in washington dc. kristen holland is a democratic senator from maryland, maryland. was the state in the united states where a kilmore breaker garcia was residing at the time he was picked up and deported to a

what does this going to look like for consumers, kristen? to yeah, that's a real concern that economists have been warning about the price is being passed along to consumers. also the fact that the market is down the market, obviously not the same as the economy. about 60 percent of americans are invested in the stock market. many in the form of, for one case, the retirement savings, that sort of thing, a 10 percent decrease in the market is not unheard of. it happens periodically. it's a correction advisors always tell investors to ride out those kind of waves. but the concern is this is just the beginning, as economists have been warning that this could lead to even more inflation and less growth among companies and the worry that the economy could enter into a recession. we know that inflation could cost consumers american consumers with these tariffs as much as $4.00 to $5000.00 of family going forward. so that could have wide spread impacts. kristen salumi with a lace has live in new york century preston. canada has responded to trump 2

good afternoon i'm kristen z. >> and i'm larry beil. thanks for joining us. we begin with new developments today in the mounting trade war. president trump delaying tariffs on most nations for 90 days. >> with the exception of china instead of the tariffs on chinese imports, were actually raised to 125%. there's still appeared to be 25% tariffs on autos, steel and aluminum. >> though the announcement leading to a massive rally after four brutal days on wall street, the dow jones rocketing up nearly 3000 points, while the nasdaq also enjoyed the big bounce, gaining more than 12%. the s&p 500 enjoying its sharpest single day gain since 2008, raising or rising up 9.5%. >> so what does this tariff hike for goods from china mean to you? >> well, abc seven news reporter suzanne fawn here live in studio with a closer look. hi, suzanne. >> hey, larry. christine. so many things we buy are made in china. clothes, electronics, things made with plastic. now, the big question on many minds. how much more could we pay because of these tariffs? and who is it going to hurt t

>> well, first of all, i think kristen is exactly. right that this is something that this is where trump is really. >> good, his. >> instincts are good. he knows he is delivering basically red meat to his base by saying, i'm going after. >> a liberal institution like harvard. i also agree. >> with your point that what would happen if republicans all of a sudden. >> if oral roberts. >> university or some of. >> these super. conservative. republican leaning organizations were, were also. >> targeted by democrats? so it. >> goes both ways. >> i think the bottom. >> line is this this sets a dangerous precedent. if harvard caves on this, which so far they have not, they've. >> stood very firm. >> and strong. if they cave on this, this sets a very dangerous. precedent for universities. universities are not as well funded as harvard. harvard is the wealthiest university in the country. but what if we start going down the road with some of these universities that could be targeted, that don't have the endowments that harvard does? so i think,

good afternoon, i'm kristen z. decision day for new leadership in oakland.n was set in motion after former mayor chantal was recalled last year. happening now. voters are heading to the polls. former city council member lauren taylor cast his ballot at the eastmont town center this morning. he is one of nine candidates on the ranked choice ballot. his main opposition former congresswoman barbara lee. the two have raised the most money by far. both have been busy canvasing oakland neighborhoods today, making their final pitch to voters. >> we need to have consistency much longer than just two years. consistency that sets a vision works towards that in the next two years, but make sure that we continue that progress so that we really do get on top of these issues so they don't keep reoccurring. >> voters have been really jazzed up and psyched up to vote, and they've been saying, we voted or we're going to vote, but there's still a lot of people who haven't voted. and so that's what we're doing, is trying to find the undecideds and those who haven't voted and m

kristen welker is the moderator of "meet the press." kristen, good morning. great to see you as always. so the president does seem to be careening back and forth on his tariff policy. we had the 90-day pause earlier this week focertain countries, no you this carveout, exemptions for smartphones and computers coming in from china. beneath those 125% tariffs that he levied. i guess the question inside the white house, the president likes tariffs, he has a certain number of advisers including one of your guests today who also likes them, but who is winning the battle internally over the tariffs? >> willie, it's a great question. it's safe to say that treasury secretary scott bessent who has been arguing for a more measured approach certainly has the president's ear right now. his top trade adviser, peter navarro, will be joining us exclusively, he is someone who is very bullish when it comes to tariffs. but, look, i think that the word of the week is uncertainty. the fact that the president and his top advisers said there won't be a pause, there won't be any exe

it's kristen soltis anderson. and joining michael, he's a writer and comedian who currently voices gene belcher on bob's burgers, which means it's an 11 year old boy is voicing him here tonight. it's eugene mirman. and now for the biggest stories of the week, michael and eugene. watch the clip. tell me, what's the story? >> well, there's the irs, which everybody likes. and then, oh. more taxes. oh, okay. so i know, i know this. the irs commissioner resigned. >> yeah. he resigned. the irs commissioner resigned. >> i think it was a lady commissioner. >> i don't think the person has a name or gender. >> okay. >> but i believe they were in charge of this thing. and then they were like, by. and the reason is something to do with our government. >> yeah, i'll take that as points. good enough. the story is the head of the irs quit one week before tax day. or as anderson cooper put it. >> more more breaking news right now in the middle of tax season. cnn has learned that acting internal revenue service commissioner melani

please join me in welcoming kristen welker, moderator of meet the press. hi, kristen. always this morning. i want to note that we typically air meet thpress after our newscast, but because of premier soccer, it aired at 6 a.m. today. so i was able to watch you speak exclusively with treasury secretary scott bessent this morning. you really pressed him for answers. as president trump imposed the highest tariff levels in a century. for our viewers who haven't seen it yet, can you share what secretary bessen is saying about how the administration is responding to americans who already are feeling the economic fallout from all of this? well, first of all, thank you for taking time to watch before your program. i really appreciate that. look, secretary bessent was, as you saw, defiant, which is what we saw from president trump this week who urged americans to hang tough. i tried to really get a sense from the secretary, how long do people have to hang tough? how long is this period of economic uncertainty going to last? he wouldn't put a number on it, except to say he does

please join me in welcoming kristen welker, moderator of meet the press. hi, kristen. great to see you as always this morning. well, you are speaking with the man himself, white house trade adviser peter navarro. this morning, we all know by now that president trump reversed course this week, pausing most new tariff hikes but still raising them on china. so how are they defending this shift? kira? great to be with you, as always. i have to tell you, peter navarro was defiant. he says that this was always a part of the plan, but i really pressed him repeatedly on the fact that, look, president trump, his top adviser, said there would be no pause. there would be no exemptions. and yet, that's exactly what we're seeing. president trump announcing exemptions on smartphones and other electronics on saturday. and so i asked him, does the president really have a plan or is he making this up as he goes along? the other big point here, kira, the fact that president trump campaigned on a promise to bring prices down on day one. now he's asking americans to brace for a transition

kristen. much like yesterday, we have temperatures well above average for this time of the year, but things are changing even as we speak as the marine layer is making a return. here's a look at the satellite radar composite image. high pressure still the controlling factor in our weather, giving us really mild weather today, but it's getting a bit breezy right now. it's beginning to cool down near the coast. we have gusts up to 36mph at oakland right now, 23 up at santa rosa said onshore flow has returned and the coastal clouds are building as well. you can see the 24 hour temperature change shows you how much cooler right now it is than yesterday at this time, near the bay and near the coast and up in the north bay, where the fog is beginning to push onshore. but the inland areas are still warmer than they were this time yesterday. and the sea lions have been enjoying that warmth at pier 39 for most of the day. but they'll feel the cooling effect as we go into the late afternoon hours as wel

good afternoon i'm kristen z. president donald trump's tariffs today brought uncertainty to the future of our economy. but the president is betting on a long-term payoff. we get the latest now on the impact. live from washington, where abc news reporter christiane cordero has reaction for us. and a look at the tariff effect on wall street. christiane. >> kristen, great to be with you. so the reaction to president trump's tariffs so far have been largely negative. the message from the administration. be patient. wall street saw red today as stocks plummeted on the first day of trading since president trump's announcement on tariffs. the dow jones closing down more than 1600 points, or roughly 4%. some $2 trillion wiped out in the markets today, impacting corporate bottom lines and americans retirement and investment accounts. the markets reacting to trump's sweeping 10% tariffs on all imports starting saturday. plus steeper tariffs on certain trading partners, including a 20% tax on goods from the european union an

good afternoon, i'm kristen z. right now, the california department of insurance is hosting its first hearing on this matter. the biggest news so far, though, the absence of california insurance commissioner ricardo lara. now, the whole point of today's hearing is for the insurance company to justify its request. that could end up raising insurance rates as high as 38%. specifically, state farm wants to increase rates by 22% on average homeowners. and for condos, rates would raise by 15%. and for rental properties, it could be as much as 38%. state farm is arguing that it needs the rate hikes to continue providing coverage in california. >> we're concerned here insurance won't remain available to state farm policyholders. is the risk of an imminent financial strength ratings downgrade speculation. >> there's no evidence that other insurers would not be available or that would be more expensive. >> lara has provisionally approved the rate increases, but cannot act until the judge issues a recommendation that could t

kristen. >> all right. thank you spencer. in the north bay, starting today, the larkspur connect shuttle is operating all week long. the shuttle serves the larkspur station, the golden gate ferry, larkspur terminal, and the surrounding landing area. officials hope that the added service will help those with disabilities, or anyone who has trouble walking between the stations. shuttle trips can be booked on demand with an app. okay, we're going to take a closer look at the economic consequences of trump's tariffs. what's going on with the markets around the world? i mean, if you have been feeling the impact, you're going to want to know how long this will last and what could call i bought the team! i put it on my chase freedom unlimited card. and i'm gonna cashback on a few other things too... starting with the sound system! curry from deep. that's caaaaaaaaash. i prefer the old intro! this is much better! i don't think so! steph, one more thing... the team owner gets five minutes a game. alright, let's go then. ahaha! cash br

>> kristen, i think that's a false narrative. americans who want to retire right now, the americans who have put away for years in their savings accounts don't look at the day to day fluctuations of what's happening. in fact, most americans don't have everything in the market. they have those in the 401(k) have a 60/40 account, the 60/40 accounts are down 5% or 6% on the year, people have a long-term view. they have a program that the reason the stock market is considered a good investment is because it's a long-term investment. if you look day to day, week to week it's very risky. over the long term it's a good investment. >> president trump's tariffs are being described as the biggest tax hike on americans in decades. they could cost the average household thousands of dollars. republican senator ted cruz had this to say. i'll play it and get your reaction on the other side. >> tariffs are a tax on consumers and i'm not a fan of jacking up taxes on american consumers. >> do you acknowledge that president trump's tariffs will cau

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, especially kristen. the dry pattern we're in right now will continue with no rain likely for the next seven days. forecast animation looks like this. going into the late afternoon evening hours, we'll see more clouds moving in. it will get cloudier during the late night and overnight hours last night. you may recall we had lots of spotty, patchy drizzle near the coastline. some of it moved onshore. we're not expecting that uh- that pattern to duplicate itself tonight, but there may be a patch or two of drizzle just offshore. and then we'll start the day tomorrow with partly cloudy skies. skies going into the afternoon hours tomorrow, though, it will get a little bit brighter, just as it did today. overnight low temperatures will be mainly in the upper 40s in our inland valleys, low 50s around the bay and near the coast. highs tomorrow. upper 50s at the coast, mid 60s are mid to upper 60s around the bay shoreline, mainly upper 60s inland. it's not likely we'll see many locations topping out at 70 degrees

kristen salumi live for us in new york. thank you kristen, to your opinion, union latest and condemned to move as fundamentally wrong. french president emanuel mac calls, as the towers will make americans poor and weaker, and promised a unified, a response. the block says it's prepare and counter measures, but remains open to negotiations. i shall know who bought a report from brussels. they are concerned, but they say that they are determined to retaliate against the american topics. they are going to be the 1st measure which is going to be taken by the which is the $28000000000.00 of a, of a count. and moses was all going to be imposed on american goods being explored to, to europe, which i'll get into 1st of all target, particularly motor bikes. and i'll look a hold on this is in response to this to and aluminum. taught is that were imposed by trump about a few weeks ago. then they are talking about a 2nd round of counter measures which are going to be and how soon by the you, in retaliation against the utah jazz hose on

kristen or president trump has cautioned against panicking on his social media platform. he said the united states as a chance to do something that should've been done decades ago. trump added don't be weak, don't be stupid, be strong, courageous, and patient and greatness will be the result. a stand what a is a senior fellow at the american enterprise institute, and he's joining us live from washington dc. thank you very much for your time. so the us stock market as we've been seeing for days seeing, is biggest full and years. 62 percent of american adults on stocks. what does this mean for them? well, it's obviously extremely bad news. um, but yeah, stock ownership is very wide spent and you as more people own stocks that have mortgages or then receive a social security social security benefits. as government mentioned, i called here. and so it's a big deal for a lot of people. a lot of people rely heavily on investment in stock for their retirement or for example, to make down payments for a house to pay for college for their children. it's a, it's a big deal for a lot

kristen, who really condemning these terrorists as well . certainly the trump administration has not back down from this policy going forward as a way to correct what they see as a being taken advantage of by trading partners around the world. they want to reassure american manufacturing and correct trade and balances. and they also talk about fixing the trade deficit. we've seen ceos largely be silent, leading up to the latest volatility, but now we're starting to see them acknowledge that a recession is more and more likely we heard from the ceo of black rocco's huge asset management company today, saying that we may already be in a recession in the united states as a result of this, but also at the same time, uh, suggesting it may be an opportunity to buy cheap stocks as well. but more and more we're seeing from the business sector concerned about the uncertainty and the high level of these tariffs going forward. even eli moss, president trump's advisor, said that he would prefer 0 tariffs, a free trade zone when it comes to the european

go back to the dominant winning position that kristen just outlined that he has, and go back in your wins. >> where are your constituents on this? your your prior constituents? >> well. >> look. >> it seems. >> that the panel. >> is united in. >> terms of its opposition. >> to donald trump's extremist. policy right now. >> i would say that my former constituents are exactly in line with actually principled democratic messaging right now on this issue, which is that there's a false this is a false choice between justice, safety and fairness. and you see that really with leading candidates are doing right now, take maura sullivan, who is set to become the first female marine veteran to be elected to congress when she wins her campaign in new hampshire next year. she was asked about this last weekend and she openly said, look, i want strong borders. i want convicted criminal gang members who are undocumented to be deported. but on the same hand, i believe in our constitution and due process and that it applies to all americans. that's a matter not just of believing in this country, but

when donald trump mused about a third term to nbc's kristen welker.explicitly said, i'm not joking. and yet, here's how republican leaders in congress reacted today. >> you know, you see it like with greenland, like with. >> panama canal. there's a lot of things the president. >> talks about. ultimately, it. >> gets people talking and addresses some other issues, too. >> would you support changing the constitution to. >> allow him? there's no proposal to change the constitution right now. >> do you. >> believe that. >> donald trump. >> can serve. >> in a third term? >> not without a change in the constitution. >> what do you make of him continuing to bring up the possibility of that happening? >> well. >> i. >> mean, i. >> think that. >> you guys keep asking. >> the question. >> and i think he's i think he's probably. >> having some. >> some fun with it, probably messing with you. >> just messing with us guys. it's all a joke. i mean, maybe they somehow missed that. an actual resolution has been introduced by republican congressman andy ogles to amend

and then there was also an exchange in that interview with kristen about perhaps the shiniest object of all the blatantly unconstitutional prospect of trump serving a third term in office. before i show you exactly what donald trump told kristen welker about that, and i'll read through the whole transcript for you. i want to show you what he said about it in the past, because that matters to. >> i said at a speech recently. >> i. >> said. >> watch, we'll drive the media crazy. >> let's go for a third term and then a fourth. >> hashtag, third term, hashtag fourth term. you'll drive. >> them totally crazy. >> and then after that we'll go for another four years. because you know what? they spied on my campaign. we should get a redo of four years. >> based on the. >> way we. >> were treated. we're probably entitled to another four after. >> that, i. >> think i'm not allowed to run again. >> i'm not sure. am i allowed to run again? mike, i better not get you involved in that. >> and i do that. >> despite the fact. >> that they say i can't run again. that's the expression, sir. >> then som

ok, kristen, thank you very much for bringing us upstate. thank you. and as kristen mentioned that the ball kits, of course of rallying coming back strong, let's speak now to william lee who is chief economist for the move can in just is to shoes the deputies division chief at the i m s. he joins us from henderson, in nevada. thank you for being with us. uh so let's have break this down to the relief in countries around the wells of calls out those markets rallying boss with trump raising the top of the power of charged. it's showing up to a 125 percent effective. immediately. dose is sick though, a brutal trade will between the 2 countries. and i think what we have seen today is the strategy that per the president trump has announced from the day he was elected, which is to say, he wants to incentivize countries around the world that investors around the world to invest the united states. i didn't do it, he's going to do that with the package of policies. the bulk of the package consist of trying to get smaller government, your taxes, less regulation,

because they yes, are identical sisters, kristen and brooklyn. they are married to identical twin brothers, jeremy and caleb. the couple's had dual ceremonies. they had a joint reception. do you think that saved them some money? because they didn't have to have two. we hope so. caleb and brooklyn went first. and you guessed it, jeremy and kristen were the best man and the maid of honor. and then immediately after that, they changed their clothes and then the roles were reversed. by the way, it doesn't end there. they're also going on their honeymoons together. no. yes, they are to mexico on a cruise, and then they will live next door to each other. >> personal story. my grandparents are like this. my grandmother and her sister married my grandfather and his brother. not identical twins, but still brothers marrying sisters. >> does everyone look alike in your family? >> yes. >> they should be so lucky to look like you. >> oh, well, thank. >> you, handsome man. all right, well, if those folks live next door to each other, maybe they'll probably sha

this is "meet the press" with kristen welker. >>> good sunday morning.ident's trade war enters a new week, the uncertainty and disruption to the global economic order is growing, just hours after president trump's tariffs took effect this week, he made a stunning reversal and pressed pause for 90 days. >> well, i thought that people were jumping a little bit out of line. they were getting yippie, you know? they were getting a little yippie, a little bit afraid. >> after asking americans to hang tough and be cool, president trump made his about face in a social media post, and it came after claiming a pause would not happen. >> would you be open to a pause in tariffs to allow for negotiations? >> well, we're not looking at that. >> almost all foreign countries still face a 10% tariff. china's tariffs have now increased to 145%, but late friday, president trump decided to exclude electronic imports including smartphones, flat tops, smart screens and computer chips to the new tariffs adding to the confusion, almost 70% of all smartphones are made in china.

good afternoon, i'm kristen z. >> and i'm larry beil. thanks for joining us. this is the second time that this whale has been spotted in the east bay, but today it got stuck. >> abc seven news reporter anser hassan joins us live from emeryville with the very latest answer. >> kristen and larry. good afternoon. fire crews have been out here trying to hydrate this whale. keep it from getting sunburned. this minke whale is very rare to see in the san francisco bay. marine biologists say they've only seen four since 2009. they're hoping the high tides that come in will be enough to help the whale get back out to sea, but they're also trying to figure out why this whale keeps coming ashore. this minke whale continues to show signs of life as fire crews spent hours spraying it down, trying to keep it hydrated and safe, and still trying to figure out why it keeps washing up on shore. >> i've been watching this whale since it first arrived, and that was on wednesday. >> bill kern is with the marine mammal center. he says this is the second time this minke whale has fo

. >> and i'm kristen z. today's firings follow a weekend meltdown over handwritten notes from the chief of staff to former mayor chantel, referring to black people as, quote, tokens. >> abc seven news reporter leslie brinkley has more on this political storm that is engulfing oakland. >> the bigotry, the ignorance and the racism is not only coming from the white house. it's right down here at city hall. >> the oakland naacp came out slugging today after over the weekend, interim mayor kevin jenkins fired lee hanson, oakland chief of staff and former chief of staff to mayor sheng tao. reports emerged about notes she took last year that referred to black people as tokens. hanson released a statement saying, i regret that my shorthand note taking has been taken out of context on social media and inadvertently harmed close friends and colleagues.e friends and >> the release of nearly 1000 documents tied to the ongoing federal investigation into tao appears to confirm what many in oakland black communities have l

. >> and i'm kristen z. city officials and small businesses are trying to remain optimistic after today's surprise announcement from oil giant valero energy. the closure of the benicia refinery would be a loss of millions of dollars annually in revenue for this small town. >> abc seven news reporter anser hassan has more on the potential impact of the closure. >> reporter for a quarter century, the valero refinery has been an economic powerhouse for the city of benicia. but on wednesday came a surprise announcement that it may close next april. >> i would have been more prepared for a sale. i am surprised that they're suggesting a complete closure and ceasing operations. that is definitely surprising and distressing news that we heard today. >> city manager mario giuliani says valero generates millions of dollars in revenue, which are vital for this small town. but valero made it known for some time its frustration and concerns with the high costs and strict environmental regulations in california. giuliani

>> well, kristen, i think that's a false narrative. americans who want to retire right now, americans who have put away for years in their savings account, i think, they don't look at the day-to-day fluctuations of what's happening. >> reporter: last week on wall street, nearly $6 trillion were erased from the market. trump advisor elon musk calling on the president to undo some tariffs. >> i hope to that the united states and europe should move to a zero-tariff situation. >> reporter: as countries like china and canada promise retaliation, some say the tariffs are here to stay. >> there's no postponing. they are definitely going to stay in place for days and weeks. >> our thanks to brian for that report. with some tariffs already in effect, shopping habits are shifting. how consumers are responding. >> reporter: sinks, faucets and showerheads. home basics that could soon be a lot more expensive. the ripple effects of president donald trump's sweeping tariffs concerning for shoppers like brent myers, who is remodelling his los angeles

kristen, thank you so much for dipping in here.ve been talking about the political impact of what we're going to see here. and you have been writing in the new york times about generally the risks for republicans and you write this, the data is clear. democratic voters are enraged by what's happening in washington. republicans may say, well, good. that's a feature, not a bug of the changes that mr. trump is pursuing. but you say the new coalition he's fashioned for the republican party is ever more dependent on less reliable voters, meaning a fired up opposition has a greater and greater advantage, especially in special elections and in others with lower turnout. how does what we've seen play out with these tariffs play into this big picture? >> the challenge. >> these. >> tariffs are. >> going to present is. >> that they are. >> almost certainly going to raise the cost of living for americans, at least in the short term. and so what donald trump is asking is that. >> everybody endure. >> a little bit of short term pain in exchange

kristen, what are you looking out for? >> well, i'm. >> also watching congress, but i'm watching for this morning. i believe they're likely to advance out of the house budget committee some or. pardon me. they're beginning to advance the piece of legislation that will ultimately be the big bill that will do the tax stuff, the budget stuff, all the things that house and senate republicans want to try to accomplish in one big, beautiful bill. today begins its journey. and there are some house republicans from that kind of freedom caucus wing who may try to gum up. >> those in a while. freedom. >> seen this movie before? >> they're going to vote for it. >> you know, the thing i'm actually listening for is the cnn town hall with bernie sanders. not because synergy, though. that's good, but because, like he has drawn crowds. it's one thing to talk about democrats and what they need to do. he has gone out there, turned on his messaging machine and brought people out. aoc has joined him. there's this like ongoing conversation. we

good afternoon, i'm kristen z. berkeley city council is considering a proposal that would ban most plants within five feet of homes. abc seven news reporter lena howland explains that it's part of creating better, defensible space around homes in certain fire prone neighborhoods. >> taking a drive up to tilden regional park on the easternmost edge of berkeley, it's hard to find a home that isn't surrounded by lush grass, bushes, flowers, and trees. but it's landscaping like this that some neighbors might soon have to rip out. >> the real concern we have from a fire perspective is if a fire starts in the park and these sort of hot embers start flying from the park into the city, how do we stop structures from catching on fire? >> next week, city council will hear a proposal to ban most plants within five feet of homes in neighborhoods that are most at risk of an ember storm in a fire. the idea is to create a required buffer of defensible space around homes where nothing is flammable. to prevent embers from spreading

also in that interview with kristen welker, president trump said he is not joking about the possibility of a third term, saying many people are asking him about it later on air force one. he downplayed that to reporters. the constitution limits presidents to serving only two terms. changing that requires ratification, and that is a difficult process. kelly o'donnell, nbc news, washington. okay. thank you very much. kelly, we're going to have more on coverage of president trump's plan to possibly run for that third term. it's coming up at 530. our political analyst, larry gerston, will join us to talk in depth about the hurdles that mr. face would mister trump would face if he chose to go down this road? still ahead. finally back home after being stuck in space for nine months, you're going to get to hear from the two astronauts as they re-acclimate to life on earth. and a bay area beloved figure skater. the newest champion, alysa liu, looking back on her achievement as other local skaters gain inspiration by her. and i'm tracking some rain here from san francisco to oakland. we'll show

also this morning, treasury secretary scott bessent told nbc's kristen welker economic uncertainty is an adjustment process and there doesn't have to be a recession. meantime, california senator adam schiff says it's wrecking our economy. what we are looking at is building the long term economic fundamentals for prosperity that i think the previous administration had put us on a course toward financial calamity. this is an adjustment process. what we saw with president reagan when he brought down the great inflation, and we got past the carter malaise, that there was some choppiness at that time. but he held the course, and we're going to hold the course. unfortunately, he's wrecking our economy. i think people have seen their retirement savings on fire. and there he is out on the golf course. that may end up being the most enduring image of the trump presidency. that is the president out on a golf cart while people's retirement is in flames. okay, so let's talk about other stocks. even the price of bitcoin, which showed signs friday of having resisted the wider market downturn, has n

kristen see me is in new york for us, so the monkeys have just closed. what is the latest or yeah, that's right, markets closed in the red. it's giving back much of the games that they made on wednesday after donald trump announced that the reciprocal tariffs would be paused for 90 days. the dow closed down more than a 1000 points. the nasdaq led the declines closing more than 4 and a half percent. that being the, bringing them down to about 18 percent lower. then recent, all time highs for the nasdaq, we're seeing also the value of the dollar down significantly. it's bond market, slightly more stable than yesterday's sharp sell off, but us treasury's prices are still up up a bit. and that is raising concerns that foreign investors may be pulling assets from the united states admits all of the uncertainty and trade wars that are fluctuating now. the economic figures don't account for the latest round of tariffs that are still there. sorry, energy. what i wanted to tell you is that energy in tech stocks were also some of the biggest losers today. they've

>> kristen, i think that's a false narrative. americans who want to retire right now, the americans who have put away for years in their savings accounts, i think don't look at the day-to-day fluctuations of what's happening. >> reporter: last week's spill on wall street erased nearly $6 trillion from the market. trump adviser elon musk now calling on the president to undo some tariffs. >> i hope it is agreed that both europe and the united states should ideally, in my view, agree to a zero tariff situation. >> reporter: as countries like china and canada promise retaliation, some saying the tariffs are here to stay. >> there is no postponing. they will definitely stay in place for days and weeks.joining us >> brian cheung is joining us now. those tariffs are expected to stay in place for weeks, what does that mean for possible negotiations to bring them down? >> it is unclear the treasury secretary told nbc more than 50 countries have reached out to the administration about lowering their tariffs, but declined to say the u.s. wa

but 1st, let's go to kristen salumi. she's in new york for a check on the markets. the turbulence only continue and kristen rooms have a 90 day pools on top of which the white house has very quickly denied. it's yeah, we've march, we've watched the markets go up and down today uh with the latest lines out of washington dc. right now, all 3 of the major stock indexes are down one to 2 percent. not as bad as they were at the start of the day, but there's been a lot of fluctuations volatility is really the word here. you mentioned the talk that there would be a 90 day pause that was followed by markets going higher than there was talk of even more terrorist on china that sent the markets back lower. and amidst all of this is growing unease among the corporate class about a slow down in the economy. we're hearing ceos who were sort of keeping quiet about the tariffs and the trade plans now beginning to speak out and express their concern about slower growth. even eli mos donald trump's close advisor, who also happens to be the owner of tesla electric vehicle company, ha