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ago, actually, we got a pretty good window into how trump's legal team plans to make their arguments. and let me tell you, this brief, i read it today, it includes a fair number of arguments from an alternate universe. for starters, trump's lawyers claim that the former president is not in fact and officer of the united states, which is who the 14th amendment covers. now, this is not a new or surprising argument necessarily being made by the trump team. but let's be real. it kind of defies logic. i mean, how could it be that the president of the united states is not an officer of the...

Essential bank only hiked rates by half the points. the last time around the board has opted for a 75-basis point jump. since though, stocks have been falling. take a look. >> there you see down over 200 points. the chairman of the fedex fed explained this decision just moments ago. >> despite elevated inflation, longer term inflation expectations appear to remain well anchored as reflected in a broad range of surveys of households, businesses and forecasters as well as measures from financial markets. but that is not grounds for complacency. the longer the current bout of high inflation conti...

Bid to weaken the resolve of ukraine's allies as they send more weapons to help key fight. nbc news correspondent, ron allen, joins us from london. ron, good morning, or good afternoon to you. explain wry russia wants its gas paid for in rubles. why did the european union take the sand that they can't do it? for most of us, paying in rubles would be changing your dollars or your pounds into rubles. >> it means a lot more to the russians, obviously. it means that their strength of their economy, they see more currency coming to them in that form, and helps break the sanctions. the essential ban...

Hell of a home for your house and use of one of europe's top bankers accused of wrongdoing in some hot water about being of essential bank governor of latvia fill in moslem save it was detained on sunday after being questioned by anti corruption authorities and they say they detained the remains of it she was also a member of the european central bank's governing body over allegations that he demanded a bribe of not less than one hundred thousand years. that feels top banking official from savage arriving at the country's anti-corruption agency from savage seen here wearing a cap was questione...

It seemed like there isn't a lot of cohesion among, you know, these organizations especially in light of the fact that president trump who originally was a democratic, ran as republican, and became the president and head of the republican party. seems like both parties have some figuring out to do. >> a lot of soul searching. >> a lot of political soul searching. molly, live for us in washington, d.c. thank you. still ahead, president trump names his nominee to be the next chairman of the federal reserve. what a essential bank under jerome powell's leadership will mean. look at the forec...