has now issued an arrest warrant for vladimir putin. prosecutors accuse putin and another official of illegally deporting ukrainian children to russia. we expect to hear from president biden perhaps reacting to this at any moment but first cnn s ivan watson is in kharkiv, ukraine and nic robertson is in london. ivan, walk us through exactly what the icc is alleging here. reporter: they re issuing arrest warrants for none less than the russian president himself, vladimir putin, accusing him of alleged war crimes for what they say is the illegal abduction of ukrainian children, forcibly deporting them to russian territory. they ve also issued an arrest warrant for a russian government official, and she is kind of the children s right official in the russian government. she has already issued a statement. the kremlin have already issued statements basically calling this these arrest warrants null and void, saying that moscow is not a signatory to the rome statute, that they
deeper trouble, and two credit firms downgraded first republic bank to jump status. though they gave back some ground by the close the dow industrials and s&p 500 still ended the day down significantly. shares of regional banks including first republic were down sharply, in first republic s case by more than 21%. big banks which are more tightly regulated also took a hit with citi group shares down 5%. we ll have more in a moment on what this means to markets and the economy. chris tone romans and phil mattingly with me for that. first we re joined by senator bernie sanders. senator sanders, how much confidence do you have in the banking system right now? and should people watching be worried about their bank and their savings? well, i think we re all concerned about what happened at silicon valley and we re looking at other banks around the country. and i think our hope and our prayer is that there s not going to be contagion. and i think it s imperative that the congress
politics. i m john king in washington. thank you for sharing your day with us. a high altitude picture of the mud air encounterer between a drone and russian fighter jets. the classified video shows moscow putting the drone in its cross hairs, ignite ing a cloudf jet fuel and buzzing the drone twice. plus our banking system remains strong. the treasury secretary tries to calm nerves. she s on capitol hill today assuring americans your money is safe. and today the senate barrels toward a vote on undoing the force against iraq. it happens two decades after the run up of shock and awe. tomorrow is a moment of truth for the world. saddam hussein and his sons must leave iraq within 48 hours. at this hour, american and coalition forces are in the early stages of military operations to dearm iraq to free its people and to defend the world from grave danger. up first for us, 42 seconds of simply hold your breath video adding to tensions between the united states and russia. toda
war, the u.s. and russia have had confrontations at air and sea. these incounters have only rarely blown up into serious incidents. that s because at least to some extent there are routines that are followed, less so for russia, everyone involved acts professionally. that was not the case today. an american reaper drone was intercepted by two russian fighters. it was damaged and then forced down. somebody could have gotten hurt. nobody wants to see that happen. and it could lead to miscalculations between two militaries that are operating not obviously in ukraine together, but certainly in proximity in the region. we don t want to see this war escalate beyond what it has already done to the ukrainian people, so this is clearly, this was inappropriate, unsafe, unprofessional conduct by the russian pilots. russia s ambassador to washington was summoned to the state department. we ll also get perspective from mark hertling, but oren liebermann joins us from the pentagon. r
top of the hour this monday, big day for banks. i m erica hill, and the president is speaking to americans with a calm an reassuring tone on the heels of two failing banks over the weekend, and sparking concerns about whether it could lead to more. his message with the american banking system is safe. all customers who had deposits in these bans ks can rt assured they will be protected and access to their money today. that means that those who bank there and need to make payroll and pay bills and stay open for business, and this is an important point, no losses will be borne by the taxpayers. and the president is vowing major changes by the white house, and forced to take emergency action with more than $200 billion worth of deposits into the line to keep other banks from failing. matt egan and m.j. lee come in to join us, and with the action of the u.s. treasury and others to make sure that they ensure beyond the threshold and the president getting out there to say we