and that the russian pilots were just provocative and incompetent amateurs. make no mistake. this was no accident. i can guarantee you that vladamir putin personally signed off on this military aggression. here s our very own gennifer griffin. i d just like to get your reaction to what happened today in the black sea. pissed off. i mean, just be honest about this for a second. the report coming out of our government is that this was an unprofessional act and environmentally unsound. i m sorry, folks. they shot down a united states warplane. they took it out of action. that s the response we get back? not very happy about it. bottom line is we cannot allow that to happen. hannity: that s right. we can t allow this to happen. russia and putin s hostility and aggression against our country, the united states, has now reached a dangerous new height. now tonight the question is this. what will your president, joe biden, do? is he going to offer maybe another waiver for the n
that. in terms of where it was flying, it was well-clear of any territory in ukraine. it was international airspace over international water. thank you. nancy? thank you. during secretary austin s visit to egypt he held meetings with officials even though all press were banned from covering it. past defense chiefs when they ve been in similar situation have refused to proceed. given the biden administration has said one of its key pillars in terms of foreign policy is when presented between a choice of autocrats and democracies that it stands with democracies. can you help us understand why the secretary proceeded with those trips given the ban. our relationship with egypt is obviously an important strategic partnership. the secretary did appreciate the opportunity to meet with his counter parts and talk about that. i will tell you when it came to the press coverage of that portion having looked further into it, the egyptians lived up to what they had agreed upon. some of
plus this. and the oscar goes to navowni. that is well deserved as it gets. cnn s documentary on alexei navalny who is in prison in russia took home an oscar last night. the director will join us live to talk about this moment. what it means for alexei navalny, putin s jailed critic. we do begin, though, with the biden administration trying to prevent financial contagion after two banks failed back to back in the last three days. a live look now at the white house, where the president will speak this morning as the federal government takes emergency action. silicon valley bank collapsed on friday, it became the largest u.s. bank failure since the 2008 financial crisis. regulators also shut down signature bank based here in new york. we learned about that late last night. they said signature bank was on the brink of collapse and threatened the broader banking system. so at the direction of the president and the treasury secretary, the fdic is now stepping in. they ar
any moment now, president biden will address the nation from that podium right there amid concerning questions about potential contagion in the u.s. banking sector. what does that mean for your money? a very good monday morning to you. i m jim sciutto. and i m erica hill. president biden expected to try to calm fears in a matter of moments when he does make his way to that podium, this amid the failure of two u.s. banks. we re talking about silicon valley bank, which you ve heard a lot of this weekend, as well as signature bank. the biden administration is taking emergency action here and there is the president. let s listen in. for california. i want to briefly speak about what s happening to silicon valley bank and signature bank. today, thanks to the quick action of my administration over the past few days, americans can have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that deposit ac
world. the president trying to reassure americans that their deposits are safe while making sure to blame republicans. thanks for the quick action of my administration over the past few days americans can have confidence the banking system is safe. when no losses will be borne by the taxpayers. during the obama-biden administration we put in place top requirements on banks. unfortunately the last administration rolled back these requirements. what do you know about why this happened and can you assure americans there won t be a ripple effect? should all depositors be productive at all banks? dana: present getting praise from jen psaki. it s important to note president biden does nothing at 9:00 a.m. he is a night owl. the fact that he s doing this at 9:00 a.m. anyway speaks to how vital the white house recognizes it is for have his voice out there. conveying back to the american public. dana: banks facing criticism for being more focused on the green agenda rather