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attorney bragg for giving donald the opportunity to come in to tell his story. knowing donald as well as i do, understand that he doesn't tell the truth. it's one thing to turn around and to lie on your untruth social. it's another thing to turn around and lie before a grand jury. i don't suspect she's going to be coming. >> after decades of screwing over creditors and employees and lawyers and the american people, how rich would it be if an extramarital affair with a porn actress is what finally sinks donald trump? also tonight, leonard leo played a large role in pushing the court...

hello, everyone. welcome to "cnn newsroom." >> and i'm john berman. victor is off this froop. and we begin with president biden's dramatic overnight move to dparnguarantee the money is e bank. this comes after the failure of two banks. today the president announced regulators are taking them over, but unlike what was seen in 2008 the u.s. will cover only bank customers not bank investors. >> all customers who had deposits in these banks can rest assured that we protect it, and they'll have access to their money as of today. that includes small businesses across the country that bank ...

Be? a campaign finance violation is what we're hearing, and the notion is that 130,000 was to help trump's campaign because had her secrets been revealed, it would have been potentially catastrophic near the end of the campaign. that's an untested theory right now, so that's why people are saying and lawyers are saying it might be a bit of a challenge for bragg. but that's the important point, sort of a double crime, the underlying misnotification of the payment, add d to that in furtherance of an illegal campaign contribution. >> and that's given the potential here for jail time for the forme...

There's corroborating evidence they've now put together that looks as if it hope hicks, kelly anne conway and of course the paper record itself. but his will be the main story and the other center piece of the trial the cross-examination of him. as you say he lied before. that's one of the reasons he went to jail and the attorney for trump, another indication he knows he's going to trial will go after him savagely for other l lies ostensibly as well. >> this is a new attorney that the former president has hired and taken on, yes? >> yes, and it's a relative recent -- she apparently already has...

Convicted there's going to be all these, you know, dueling notions. and someone who's convict of that would probably see jail time versus what does this do to the country, et cetera. so if he's able, bragg, to succeed in this felony theory i don't think jail time is off the table. >> we know michael cohen served a little over 13 months. hairy litman, thank you so much. ukrainian and russian officials say russia has sustained heavy losses over the last 24 hours in the city of bakhmut. the intense fighting there going yard by yard. we have new details ahead. you've worn many hats, from past jo...