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Is ramping up. we have former obama helping with strategy. the primary convention cannot come around one candidate now, john. >> what's happening with hillary clinton and the democratic party is totally historical. never has a party solidified this way around the non incumbe incumbent. the front runner, person that didn't win last time, for republicans, this war lord status is dramatically difference. there's a role reversalle between the two parties. >> john, peter, alex, thanks so much. i appreciate it. >> still to come in the "newsroom," can russia's room of steel be penetrated? a new threa...

0 love you for being with us on "new day." now time for "newsroom" with carol costello. >> thank you i'm honored. "newsroom" starts now. good morning. i'm carol costello in "newsroom." we're on wall street as the opening bell rings. america asks the question why did the dow plunge 7% in the first month of the new year? let's break that down. the average american started this year with a 401k with joust over $100,000. by the closing bell yesterday, that nest egg shrank to $95,000. most 401k saw healthy returns in 2013. take a breath. i bet you're not feeling good now, right? christine romans ...

His team didn't want to be anywhere near a major conservative. this year it's different despite the scandal chris christie and his team still have their eyes on 2016 and running for president potentially. they know they have to at least make amends with conservatives as we know it's been written about and talked about a lot. you know conservatives in his party. aren't really super fans of chris christie so he has a chance to go court hundreds of young conservative activityists in the washington area. in march there will be a number of potential presidential candidates, rand paul, paul ryan, ma...

South carolina, michigan, pennsylvania, all across the state doing great things. we have 36 governor's races. it is not about one governor but about all 29 of these governors. >> cnn national political reporter, peter hamby joins me now. it is not just rga he also has the chance to shine on another high-profile platform, the cpac conference. >> despite the slow-burning scandal, christie and his team still have political consideration in mind. he still has his eye on 2016. he will be coming here in d.c. in march to speak to the political conservative action conference. this is a big gathering o...

Republicans defended christie saying there's no reason he should stop helping his colleagues as chair of the republican governor's association. >> i don't think he should step down. i think he should stay there. >> reporter: while others say he should be impeached from his day job -- >> it's premature. we don't have enough facts to get to that conversation. >> erin joins me now along with peter hamby. some of the people subpoenaed have asked for more time while another one has resign. why? >> reporter: carol, that's christina renna. she was the director of intergovernmental affairs for christi...