more on this development let s bring in wall street journal columnist henninger and dan and based on evidence that s swirling around in the public how strong is this case? that s an easy question to answer paul. because maybe a thousand or more people have already answered it. unanimously, it is not a strong case. it just isn t which raises the mystery of why it s being brought. what trump is being accused of which is related to the possibility of paying hush money to adult film ac tres years ago is a misdemeanor under new york state law. prosecutor bragg is thinking about elevating it to a felonny under federal law which most specialist say they ve never seen something like that happen before especially with the former president. so the question becomes what is going on exactly with prosecutor bragg? he was under a lot of pressure from his staff before this to do it two prosecutors resign one where a book about it. i think there s the possibility paul that he s facing
hand, i hear senator warren talking about recklessness but i think about policies of this administration that basically waged rare on domestic oil and gas industry from the beginning that s inflationary and if you think about this stemless spending that s been pushed without a single republican vote jammed through trillions of surplus spending and again have made the fed chairs job very, very difficult. i saw hill dial back to 25 basis points 25 is still a signal that he recognizes that we re going to tougher territory ahead. paul: a decent balance you think he s set and done. let s talk about you re on banking committee let s talk about the financial turmoil. the treasury secretary and chairman powell in the week saying that banking system is sound. do you agree with them? i do agree. whaing we saw silicon valley bank was definitely a liquidity problem but not a solvency problem again i look at the banking system broadly and in my home state of tennessee, and we re in goods shape ca