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from the ukraine/russian boarder. half an hour away from the opening of the markets. yesterday they took a massive dive after the fed's announcement of another interest rate hike. cnbc's andrew ross sorkin will join us shortly. mike barnicle back with us for the hour. we begin with the lawsuit from the state of new york against donald trump. his eldest children and the trump organization alleging years of fraud. the state is seeking $250 million in damages and wants to bar the family from serving as officers of new york-based companies. the lawsuit is more than 200 pages long and o...

united states and the public. whether trump broke the law by having classified documents at mar-a-lago, the heart of that investigation had the former president suggesting yet another new argument about presidential powers and declassifying documents. >> you're the president of of the united states. you can declassify by thinking about it. >> the doj ruling came hours after that other legal blow for trump. the 222-page lawsuit by the new york attorney general that charges him, don j, eric and ivanka with widespread fraud and ul legal practices that could threatenen the exist tense of...

stashed at his retirement home in mar-a-lago. a federal appeals court, just before we went to air, just ruled in favor of the justice department. >> the justice department can have access to roughly 100 highly sensitive classified documents that were taken from mar-a-lago. immediately we saw the appeals court issue this ruling. i was stunned to see it come out so quickly. >> it's worth taking a step back and recognizing just how extraordinary this moment, this day is. it was almost easy to forget that trump had never actually been indicted. never been sued, you know, by the state ent...

$75 million. what you see on the left there is what letitia james says is all things considered the rough actual truth, a value of $75 billion. now, you might notice when you look at this bar chart here that it seems really kind of low, and that's because of what you're about to see. to leave room for the trump claims you have to build a giant chart where the trump organization made claims legally binding that this was worth $739 million. that's not a bit above or double. it is, as you see, about nine times more than, according to the case, what the a.g. says it's worth. so it is fal...

justice clarence thomas, they never speak about cases pending before the supreme court. ask clients if that is true. that's what we learned about the testimony this week. tucker carlson continues to push pro-russian propaganda on his show. wait until you hear his latest claim that russian tv is predictably eating up. all of that and more is coming up. >> good saturday morning to you. i am katie fang. we begin the show in south carolina. that is where residents are waking up to the devastating damage left by hurricane ian. the powerful storm made landfall again yesterday. a category o...