and then he reported it has some business expense or legal expense on some kind of new york state documents, whether they're new york state tax returns or other business reports and that that fall just like it would be on a federal case is a crime. but we'll have to see exactly how it's charged. >> how unprecedented is this, rory and what to make of the other issues legally that are still hanging over the former president's head in georgia with the allegations of finding votes and then the 2 federal cases in d c, you know, relating to the issue with january 6th and then also what was found at mar-a-lago. >> yeah, point there is just so much swirling at this point. so first, it is unprecedented for a president or former president to be indicted by anybody, state or federal richard nixon in the 1970's was an unindicted co-conspirator in the watergate conspiracy, the cover of conspiracy. but he was never charged. he was allowed to resign. and then unprecedented. it is a state case. there are thousands of district attorneys around the country. you wonder where this could lead pull up. that poli

if i would complete fox news coverage is reactive from new york state republican party chair ed cox. but first comment to nate foy he is live in new york city with the very latest on this comment eight. >> a arthel good after the trump campaign put out a statement said this is not a prosecution is a persecution. they claim the manhattan das office chose their target and has been hunting for a crime for the past five years. the president or former president made his first public appearance last night after announcing his plan arrested this week. take a look at this video or pictures, he watched the ncaa wrestling tournament in tulsa, oklahoma. the crowd cheered him on as he entered the arena. the former president took pictures with wrestlers and fans throughout the night. the former vice president mike pence is again calling possible charges against him politically charged. here pencil was this morning. >> at a time when is a crime wave in new york city, the fact that the manhattan d.a. thanks indicting president trump is his top priority i think is -- make it just tells you everything

but we're talking about new york state law, and it's not at all clear that new york state law could cover a federal campaign. let me go to kristen homes, christian. i understand. you're getting more information right now. what are you hearing talking to sources who are close to the former president? this actually goes back to what we were talking about with david charlie in just a moment ago, and what exactly the political implication is of this and essentially what they are saying is that they aren't really sure that yes, they do believe that this could potentially help him in a contested primary, but they're not sure what this looks like. in the long term, they understand that these legal complications might make him so polarizing that they could hurt him in a general election. but i do want to point out one thing, and this is when we talk about the contested primary when we talk about where trump's bases. i was in waco with trump on saturday, there were at least 10,000 people there. this was with a indictment. henschel indictment looming, we talked to dozens of people in the crowd aski

people is directly threatened by the activity of greenwich with respect to meeting climate goals new york stateicantly increasing the total base energy demand on the grid putting further pressure from massive electrical linew overhaul. we need to increase wind and solar infrastructure by 60 percent for the state climate goals just with the existing development and proposed mining operations in new york. those such as proof of state with far less energy theory just switched with the f energy consumption reduction over 99.9 percent. he was carefully study the impact of currency on —- cryptocurrency method and implement appropriate statutes and regulations and continue to do for public health and environment. thank you. >> thank youha so much. >> thank you chairman marquis and ranking member thank you for the opportunity to testify sharing about nebraska publican power district and ppd a territory to set the stage for my remarks regarding our experiences cryptocurrency mining the industry is unique we are the only 100 percent public power state in the nation and as a public corporation and a polit

states like new york still not recovered. the first time in recorded history the state of florida has more total people and played in -- employed down the state of new york. that tells you something because we have a lot of retired people in the state of florida. we've always had lower taxes in florida. nothing new. we've never had an income tax and always worked to keep government small. while it contributes, that is not the only reason why people moved. i think the pandemic caused people to reevaluate who was in charge of their state governments more than any other event in my lifetime and you had to make a decision about how you would handle that. were u.s. the governor going to look at everything, consume the dater yourself, be mindful of your states economic well-being, the education of your kids? yes health in terms of covid, but also in terms of every other thing, or were you going to subcontract out your leadership to help your craft like dr. fauci? in florida we were mindful of eisenhower warning of the dangers of all

and states like new york still haven't recovered. and for the first time in recorded history, the state of florida has more total people employed than the state in new york. and that's saying something because we got a lot of retired people in the state of florida. so those results speak for themselves. but, you know, we've always had lower taxes in florida. that's nothing new. we've never had an income tax and we've always worked to keep government small. so that in and of itself, while it contribute cuts, that is not the only reason why people have moved. i think the pandemic caused people to reevaluate who was in charge of their state governments more than any other event in my lifetime. and you had to make a decision about how you were going to handle that. were you as the governor, going to look at everything or consume the data yourself, be mindful of your state's economic well-being, the education of your kids? yes, health in terms of covid, but also health in terms of every other thing. or were you going to basically subcontra

and food production so there are limits. >> is nebraska new york and vice versa, is new york nebraska? >> no, it is not. >> they are different states. is it fair to say different states will have different needs with regard to power generation and permitting, clean air and things like that? >> yes, and i would say with a caveat that any increased energy demand you're putting on a grid means that you will need to produce more renewable energy infrastructure to make the grid completely renewable. >> i have run way over, thank you. >> thank you. i love this subject. honestly, every question we are asking is vastly expanding the body of knowledge for all of us senators. this is like the frontier in terms of issues and it gets kind of arcane until you have the discussion and then you reduce to a simple understanding of what you are talking about. i love any question, i'm learning from any of this as well. do you think crypto mining supports undermine our national golf are clean, reliable, affordable electricity? >> it certainly does. even where we have crypto is about mining from our nuke plants diverting carbon free energy from the gri

not only does new york state have twice the budget that florida does, new york city budget was 8 million people is basically the same size as florida state budget for the state of over 22 million people. our per capita debt in florida is the second lowest in the united states. new york per capita debt is the fifth highest in the united states. we have no income tax we are not taxing people like they are they tax the dickens out of you and they are still deep in debt in terms of taxes no income tax, florida is the second lowest per capita tax burden in the united states new york and california rank among the top ten most tax states and i don't have to remind you not only state income tax but the highest sales tax and all of the united states and in terms of business tax climate florida has the fourth best business tax climate, new york is second worst followed by california with the third worst business tax plan that is it any wonder that the state of florida ranks number one in new business formation even though we are roughly half the size of california we have new business one —- more

there are limits. >> is nebraska, new york, and vice versa,'s new york nebraska? >> of easily not. >> they are different states. is it fair to say the different states they're going to have different rules with regards to power generation, and promoting clean air, things like that? >> yes. i would say with a caveat, that any increased energy demands that you are putting on to the grid means that you will need to produce more renewable energy infrastructure in order to make that great completely renewable. >> thank you, doctor. i've run over, thank you very much. >> i love this subject, honestly. every question we are asking is vastly expanding the body of knowledge for all of us. this is like the frontier in terms of issues, and it gets kind of arcane, until you have the discussion, then you can keep reducing it down to a more simple understanding of what we are talking about. and so i love any questions, because i'm learning from all of this as well. mr. alton berg, do you think that crypto linings reports are in line with the national goal? >> it certainly does. even the situation where we have crypto mining

what does new york state need to do today to keep the fentanyl dealers from not only poisoning new yorknkly, the entire country because new york is an area where goods come in and distributed to the other 49 states. >> the first thing they can do is make the distribution of fentanyl a per se veil eligible offense. >> todd: why haven't they done it yet? we have known about fentanyl for a couple of years now. we know how it is poisoning literally the entire country. why haven't we done this yet? >> you know, they just will not look at reality. 2 milligrams of fentanyl is enough to kill someone. and they require up to 8 ounces of fentanyl before we can ask for a bail on fentanyl cases. that is enough, 8 ounces of fentanyl is enough fentanyl to kill a quarter of a million people. so obviously, that is way too high. we need to change that. per se dealing fentanyl, prosecutors can seek they will. >> todd: that is mind numbing with such a tiny amount to kill. i would broaden this out, ray. this is a war on america. so why are not leaders in new york state but nationally coming together regardl

what has happened to new york state's borrowing costs as interest rates have gone up? u having -- is the state having to pay more on its bonds? if so, how much? is it meaningful, is it a meaningful amount? >> in terms of the current borrowers, i haven't seen a meaningful impact. it's something we'll have to pay close attention to that. the challenge is overall for new york, and i think that's something we need to address we have advanced a specific proposal on that reform in the state. i think new york has to do a better job of capturing how we manage debt. we have a statutory debt cap that we set aside. debt is one of those issues especially as we get into more uncertain economic times >> thank you very much for being with us today. tom denapoli is the comptroller of the state of new york >>> coming up, a true trickle down issue the crisis in regional banking weighing on investors' minds still. we have seen the slowdown in rets, less lending, less construction can this hurt the hotel sector >> as we head to break, throughout the month of march, just two more days here,

that reservation is technically control by the tribe it also new york state we have governor hopeful t was not only giving driver's license to illegal immigrants, she is asking for increased taxes of $1 billion on new york taxpayers to accommodate and incentivize more illegal activity at the border so we can pay for these illegal immigrants. they have control over the border, the governor of the new york state troopers who are under the governor's command. unlike what you are seeing the governor of texas who is trying to combat this. you have kathy hochul who is an accomplice to the cartels run wittingly i'm dealing with wrinkle which deals with the american native reservation across the border. estate in this country is a border state because these people could walk across we do have the resources to stop them. we do not know if there criminal records because they could very well have the license without having to show they had any kind of record for they are all at risk for they could have infectious diseases we are not stopping anyone. you come across the board with whooping cough,

new business formations. and unemployment in the state of florida, the december numbers, we were 2.7%. new york and california were 4.1%. we have incidentally more -- the significantly more people employed than we kid prior to covid, ask states like new york still haven't recovered. and for the first time many the reported concern recorded history, the state of florida has more total people employed than the state of new york, and that's saying something because we've got a lot of retired people in the state of florida. so those results speak for themselves. but, you know, we've always had lower taxes in florida. that's nothing new. we've never had an income tax, and is we've always worked to keep government small. so that in and of itself while it contributes, that is not the only reason why people have moved. i think the pandemic caused people to reevaluate who was in charge of their state governments more than any other event in my lifetime. and you had to make a decision the about how you were going to handle that. were you as the governor going to look at everything, consume the data yours

again, it's important to understand we're talking about new york state law here this is not a federal at federal law. now, the new york state law at issue is called falsification of business records, ordinarily, on its owns that just a misdemeanor, meaning it's punishable by less than one year in prison, usually petty offenses however if prosecutors can show they falsified business records in connection with some other crime, a potential campaign finance crime it rises up to the level of really the lowest level felony the maximum punishment here would be four years but it does carry mandatory prison time if there's a conviction but keep in mind if there is an indictment here, this is a seriously difficult case to make because of michael cohen's difficulties as a witness because of the age of the conduct, and because of the political factors that go with asking a jury to convict a political figure who's in the midst of a run for the next presidency. >> that's a huge, huge moment, i want to bring in adam kin sinner, what's your reaction. >> it's, i guess, it's a big story to an extent,

the new york governor and the new york state troopers.lex for federal agents to try to intervene on these issues. it's been a problem with canada as well. i'll be meeting with border agents in the north country to talk about these unique issues facing new york. we have to deal with this issue on a federal level and coordinate to the best level we can to keep security, safety and sovereignty of our nation here just and the canadian border and it's something we've seen whether it's the chinese spy balloon and the problems going across the canadian border and their swift action, by the way, in shooting down a balloon versus what's happened in the united states where president biden allowed a spy balloon to traverse our entire continent before it was finally shot down in south carolina which was incredible. maria: i was hovering above military installations which is unfortunate. sending images of the nuclear inl stall layingses back to -- installations back to beijing. i want to get your take on this all of government you approach to climate

we have strong migration over the last three years, many moved from new york, new jersey, illinois, these are high income tax statesif they lose these residents, in new york alone, 70,000 people in 2020, $34 billion of tax revenue disappeared? have they been making cutbacks in anticipation of less revenue, looking at more money, and covid 19, has obviously seen this work from home revelation that is lingering in our economy. look at municipal bonds that are backed up by mass transit, commercial real estate, general city obligations, those are having challenges as less people are showing up to the city. april 15th will be an interesting revelation, since they have pension commitments, finding out how much they have coming in, who has moved prior to these interest rates. stuart: that is fascinating and thanks for the forward-looking. we have been warned. thanks, sorry it is short but we will be back later. lauren is looking at the movers. until, $30 a share. lauren: this is because of the micron numbers, the earnings report did suggest the memory chip market might have bottomed so they can see the upside. stuart: how

this is a new york state case. so it's not a federal tax case or a federal anything else. it is under some kind of state law that has to do with the accuracy and truthfulness of business records and certain filings under state law. and we have not seen it yet. so we will see it all assume in the next couple of hours then certainly by tomorrow morning. then we will have to see how the president reacts, will he voluntarily appear in new york? will he resist? i don't think he will be taken away in handcuffs, but he is going to get the treatment someone of his stature will normally get what he will not get special treatment. there will be a photograph, a mug shot, things like that, but that is all that remains to be seen. julian: unbelievable that we are hearing us to that mug shot that donald trump will have to take in new york city. we are hearing from trump world, our abc embassy get of unit saying they are now welcoming this, that they like the idea of the former president having a mug shot, they might be putting this on a t -- on a and using it as part of the campaign unti

new york's law is simple. abortion is legal and protected as a fundamental right under state law and no legal barriers to dispensingg in new york pharmacies. so they're trying to put the political pressure on the companies that are feeling political procedure from 21 states. attorney generals here said it's illegal to mail this medications. there are a lot of challenges to it. we encourage you not to be sending this medication through the mail or dispensing it in your pharmacy. it's a big mess. >> so where does this lead? >> so where it leads, these drug companies, these pharmacies is going through the certification process with the fda, slowly at this point, right? and trying to figure out what the legal teams, what they can do where. it's a state by state basis. it's a patchwork because of the overturning roe v. wade. >> i will remind people the pills that they're discussing is typically outside traditional abortion debate about first trimester, second trimester, et cetera. this is a more ideological approach by those states. i will also say that folks who criticize ron desantis, for example, for punishing privat

but in my home state of new york a report from the department of labor showed that throughout the state's fiscal year of 2021, the government wasted an estimated $11 billion of taxpayer money. the primary reason for the waste is the new york state department of labor was using outdated technology that was recommended to replace not once, not twice, but beginning in 2010 and again in 2015. so i would like to ask you are there other agencies in the federal government or any state governments to your knowledge was outdated technology has led to wasted taxpayer dollars to that extent and if so would you mind mentioning who they are? >> the problems with the systems were affected in a number of states and to what extent compared to new york i'm not able to talk about that at this time. i know there were similar problems in california for example and we are now looking at additional states, but it was a problem affecting a lot of states. >> and it was federal money coming down to make the programs whole. how in the future would we hold federal agencies and state governments accountable for fail

one point between new york state and quebec. a hot spot, even in winter. though both countries have agreed the can ton away would be asylum seekers. one in exchange, canada will accept 15000 more central and south american migrants through legal channels. our border is no longer just the place where we meet each other. it's the place where we will meet the moment. cheerleaders also addressed issues like climate change, the water ukraine, and the growing threat from china. the spy balloon, that flew over america recently before being short don't cross canadian air space. suspending, more than defense has become a priority. as, as paying attention to existing allies, we have a, you know, significantly extended our alliances. i haven't seen that happen with china and russian or anybody else in the world. we're in a situation united states, we're nato, a stronger. we're all together. the g 7, a quad ashi and japan and korea place we don't trust, visited canada in 2018. tweeted out an attack on the prime minister after he left the warm smiles and farm handshake

it's not clear new york state law covers a federal presidential campaign violation. ve got a legal problem there in the new york state system. >> talk about the significance of michael cohen's testimony before the grand jury. >> well, it's enormously significant. it's clear that the d.a. is going to rely on michael cohen. by the way, another big difference. the feds rejected michael cohen. they put in a letter to a federal judge we're not using him as a cooperator, judge, because we don't believe he's fully credible. apparently the d.a. is making a calculation. on the one hand michael cohen had access, he was part of this, and he has been proven correct in many of the things he said. on the other hand, like it or not he's a convicted perjurer. he's been convict of perjury, financial crimes, tax crimes, and the man hates donald trump with every bone in his body. defense lawyers are going to argue you absolutely despise donald trump and therefore they'll argue to the jury that colors his testimony. >> there's also a lot about michael cohen in this book. >> do you have a

roads, better services, better performing schools and no state income tax. what is new york getting for all this money? they are not producing good things, and not only is there state budget twice the size of florida, new york city's budget alone is the same size as the state of florida, and yet people are fleeing these places. we have one of the lowest debt and texas per capita. i know kim is working on getting the taxes down in iowa. hopefully you guys can join us and have no income tax at some point. that would be great. iowa is managed well, we are managed well physically. we also have i think the difference between how iowa, florida, texas and these states see things when it comes to law and order. we are at a -- we law and order stay in fort appear to we proudly support -- law and order state in florida. we support people in uniforms. we said you are not burning down cities in the state of florida. they did not burn down cities in the state of florida. [applause] we also signed legislation after all that, because what you see -- like in portland, they riot, they get ar

we need to have a process that's fair and honest and that's what's going to happen in new york state,trump will be given his rights his defendants have free speech rights, too, so they can say what they want, but they can't try to obstruct the process. they can't interfere with the process. the process will go forward, and donald trump's appointees on the u.s. supreme court will have a chance to review this as well as others you will have a fair process here, but it won't be fair if people try to bring bigotry as they are bigotry, stupidity and arrogance about the rule of law. nobody is above the law, not republicans and not democrats, not donald trump, not anybody. >> i've known you for a long time we've had a lot of conversations, but i saw a flash of anger in your eyes this weekend when you saw the imagery of donald trump with a baseball bat in a split screen. it was a post he reposted but took down probably because his lawyer told him to cynthia oxny she said, look, alvin bragg is probably not going to bring a charge related to that, but a judge will monitor what donald trump does

the thing is, new york prosecutors are going to be okay on that count because there's a law in new york stateen continuously residing outside of new york state, you put that clock on hold. so they're well within the statute of limitations. jim, the amount of time that has passed here is going to make this prosecution more difficult for the prosecutors because it's harder to stand in front of a jury and argue about something that happened that long ago and make them believe that it's serious and urgent. to an extent the amount of time that's passed is going to make this a tougher job for prosecutors. >> and trump's lawyers are saying that this case is unprecedented. i suppose that is the understatement of the year. are they right? >> they're right in hay couple respects. first of all, of course if there's an indictment we know this would be the first-ever indictment of a former president. that would be historic. that would be unprecedented. but they're also right as a matter of law because the theory here that prosecutors appear to be using is, first of all, they're going to charge it looks li

new york. new york is a sanctuary state. at governor abbott and others have done, bussing migrants to new york, they're going there anyway a. new york is like number three in illegal alien population because they can get a driver's license there, they can get a job there, new york city they even provide money for illegal aliens for their immigration case. that's one more reason people will flood to new york. it's going to hurt the new york state taxpayers, paying for college, paying for social services, paying for legal representation. i mean, if i'm a taxpayer in new york, i'm going to be upset. maria: the u.s. coast guard is suspending the search efforts for the miss missing migrants ar two smuggling boats capsized over the weekend. eight bodies were pulled out of the water, 15 people are missing. you're seeing a trek toward america, a quite dangerous one. more migrants perceived dead. >> look, i've said this from day one. this administration's policies are more humane than the trump policies, no, they're not. you make thos

she did in it the same place in new york state, likely in new york city. alvin bragg in a million years wouldn't prosecute hillary clinton under this law because he's a partisan democrat. this has nothing to do with the law. this has everything to do with politics. the irony is, sean, if bragg goes through with this tomorrow, it's going to backfire mightily and i think the result, ironically could be a left wing democrat george soros d.a., if he brings this case and loses and he will lose, he could end up ironically playing a pivotal role in re-electing donald trump as president. >> sean: all right. thank you, ted cruz. and coming up, alan dershowitz and gregg jarrett, they weigh-in on alvin bragg's weak case. you ever hear the saying you can indict a ham sandwich? we'll get into that straight ahead. >> sean: tonight radical liberal manhattan d.a. alvin bragg is pushing forward with his politicized problem of donald trump with a potential indictment looming. some are now worried that the investigation may backfire and rally support around the former presid

new york state, topping the liz of the 10 most expensive states to retire in. ub states based on three, supportability quality of life healthcare, surprisingly california not in the top 10, golden state number 36. here are 10 most expensive states, as you can see, new york, new jersey vermont massachusetts maryland, washington connecticut main illinois oregon all colder places i am voting for florida number two! of the best places to retire. maria: the best the best quality of life. cheryl: affordability healthcare virginia number one florida number two colorado number three. maria: virginia number one huh? cheryl: number one. >> i left new jersey to move to colorado. >> smart we are behind you. maria: you said new york most expensive more expensive raising taxes. >> a process of -- state budget by april 1, here, the governor proposed some new -- taxes, on payroll tax democrats responded by proposing their own new tax increase, so they don't understand why it is state leading the country in migration people looking for places like florida, texas, the carolinas,

i think you do it one step at a time and i - it one step at a time and i think the new york state prosecutoro to court, plead not guilty, he will walk out. arraignment is the first court date. everybody is always high strung about that but it's literally the kickoff of a ball game. all it is the start of things. nothing really happens. you walk into court, pleaded not guilty and walk out. it might be a photo shoot of him getting his fingerprints done, but that's it. and it's not without legal precedent. vice president spero agnew who was... ., ., y president spero agnew who was... ., ., , , ., was... unfortunately, sorry to interrupt_ was... unfortunately, sorry to interrupt you. _ was... unfortunately, sorry to interrupt you, we _ was... unfortunately, sorry to interrupt you, we run - was... unfortunately, sorry to interrupt you, we run out - was... unfortunately, sorry to interrupt you, we run out of l interrupt you, we run out of time. thank you so much for your time. that's all for now. you can reach me on twitter — i'm @lmmisztak. thursday turned out to be the warmest day of the year so

as if they can somehow stop him from putting people on trial for allegedly breaking new york state law. republican house speaker kevin mccarthy, is making these threats. against the new york prosecutor, he's encouraging or prove public members of congress, that they can haul in this near prosecutor, to try somehow to stop it. and so yes, we look at all that tonight, and we get some expert help to try to understand it. but we can be clear eyed and confident here, but what is new and what is it. but what poses a challenge to our system of government. and what is our system of government? and, you know, we've all seen it, anytime book official gets charged with a crime, you get that look in their eye, they say it's political persecution, my enemies are just hard to get me because of my position on taxes, where gay rights, or tort reform, or whatever. where they say it's only because i'm so effective as a champion of the people, that's why they're after me. they'll try that kind of argument. but they end up memorable only for the quality of their mugshots. some of them get convicted, somet

of issues to come and certainly an issue in the presidential and senate elections coming up in new york statected in new york on the issue of crime and disorder that characterized the deblasio administration. while the rhetoric is there and the white house probably is happy to let him carry the water on this, i think that we are -- many of us would like to see him use the bully pulpit of new york city mayor to more effectively move the needle in albany. the fixes reside in albany. traditionally new york city is the tail that was the dog in new york state. someplace during the cuomo administration it shifted a little bit. while the mayor has done good things relative to the mentally ill and homeless on the street out front on that. on a national level for our urban areas. i think the jury is still out for some of the crime stuff. we're still up slightly for the year but that doesn't discount the fact that last year was a very bad year. if we look at last year we're not in a great place. >> bill: it will be an interesting week in washington. the crime bill will likely pass in the senate. presid

alvin bragg can only prosecute crimes under the laws of the state of new york. w york. it did happen a while back. everybody understands the grave danger the united states was in in january 2021 when there was an invasion of the capitol and it attempts to overthrow the us government. donald trump clearly encouraged that, and he also planned to pressure the did justice department to declare the election illegal and talked about sending the military in to seize the ballot boxes. we've seen that in a whole bunch of countries around the world. we haven't seen a successful self coup in the united states, but we came very close in january 2021. united states, but we came very close injanuary 2021. we really need to get thejustice department to get up front on that. what you don't want to do is swing and miss when prosecuting up political leader who has authoritarian and insurrectionist tendencies, and evenif insurrectionist tendencies, and even if you get a conviction, if you don't get a serious enough conviction so that you can impose a sentence, he can turn the entir

uh jim, the new york state criminal code includes a provision that you can't create false financial books and records. and if the indictment develops, as we expect, there is powerful evidence that donald trump, um issued 11 checks trump and those associated with him. ah, recording what we're hush money payments as legal fees so that to me that is a very powerful, open and shut violation of these financial records and if you do it to cover up a campaign finance violation, it becomes a felon. there is precedent for charging there is the richard braga case. the clearance norman case, the john doe case, the richard left man case. i have cataloged on the just security website all of the presidents in new york with this kind of a books and records violation is bumped up to a felony where there's an intent to cover up a camera. jeanne finance. it's important jessica right to challenge some of those things that are being stated as fact out there when, when, in fact, they're not fact based on absolutely and there are so many people so many republicans, especially rushing to donald trump's defense

obligations at the end of the day and barely met them by the 5:30 closing time and i think both new york state and the fdic have the responsibility and didn't think that the bank could open and make it through the day on monday. i think that was the determination. and that's why new york state on sunday decided to close the institutions. when the community bank assumed the signatures as a result, the signatures payments that were remained under fdic commissions receivership it was reported early yesterday the fdic's sent a notice to depositors whose deposits were not included in the bid informed any accounts not closed by april 5th would be automatically shut and depositors would receive a check in the mail. could you walk me through fdic's reasoning for the decision? >> the signature by the bank subsidiary flagstar was for all the deposits except the bid chose not to bid on the digital assets and there were about 4 billion of those and we provided those and depositors a couple of weeks to determine what they might want to do and we sent them a notice that we would return their deposits to the

that in itself is nothing illegal here also under new york state law. but the circumstances how the meant money was passed on and how the accounting happened or didn't happen behind that. that seems to be the core issue here. michael cohen is former lawyer, who basically turned on him, said today that nobody is above the law that this proved this. and we've seen multiple statements coming out most prominently from donald trump, himself, already calling this as an attempt to manipulate the upcoming elections and the legal system being instrumentalist against them. this being once again a wish, which hunt as he called the same circumstance in 2016. interestingly, this seems to be the least of his legal worries, but it's the 1st that could serve him a formal indictment. the 1st time in us history that a former president would be indicted once this is actually made official. and mckayla remind us how exactly did did donald trump get to this point? well, this is actually a called a zombie case. this particular case. and this is something that looked like it

elizabeth: you know, we have a new sienna college poll found that more than half of democrats in new york statenot want biden to run again. 51% of democrats in new york state say he's got to go. and we're talking african-americans, hispanic voters, minority voters. they say he's got to go. he's got a lot of taxes in his new budget, senator, that he wants to pay for this big government spend. let's watch -- we'd like your reaction to this exchange between senator john kennedy and treasury sec secretary yellen. watch this. >> isn't it a fact that the president's budget proposes $4.7 trillion in new taxes? >> it does, it does propose significant additional taxes, yes. >> $4.7 trillion? >> something like that, yes. elizabeth: senator, $4.7 trillion in new taxes? >> yeah. $4.7 trillion. by the way, i don't know what his priorities are, i'm concerned about social security going insolvent in about nine years. that $4.7 trillion, not a dime is going to fix social security. so for the things that matter to people, inflation he's awful on, fixing social security so people don't get an automatic 24% cut w

every new york state judges. who would either try the case or hear an appeal is elected on a partisan basis. it would take a lot of courag it would take a lot of courag fairly and potentially would igr their voters desire for vengeance. >>e fo thall your response by hy paulson's to henry paulson's piece. do you really want a crazyr prosecutor? does the democrats really want e a wacko trump prosecutor in to bcko trump prosecutor in indictment against joe biden or whoever his successor is ? we can't have something like this. so if you have something is absolutely radical as alike local district attorney bringing a case presiden bringing a case against a former president of strong notformer president of have a strong legal case, strong not only legall only, bue terms of is this the kind of case that we would ever wante he to bring in? sai as so many people have said ,t e it's just not here, laura ,unles unless there's a big surprise u. now awaiting us . now, keep in mind, these peoplei made everybody think that ther