Get in touch, here is the news. Retail sales fell more than expected last month partly because of the wet weather. The office for National Statistics say they were down by 1. 2 in july. Statistics say they were down by 1. 2 injuly. More than a quarter of sales for online, the highest level since february last year. The treasury has told banks and Building Societies they will be fined if they dont provide sufficient access to cash. Free cash withdrawal should be available three miles in rural areas and one mile with in urban areas. The system to allocate Liver Transplant is weighted to much towards older people. Figures show younger people are waiting four times longer on average than those over 60. The nhs said its Computer Algorithm saves lives. The top official on maui has resigned. He says he is stepping down for health reasons. He has been criticised in the wake of the wildfires which have killed 111 people. Residents of maui has had a stronger response would have saved lives. We a
a u.s. drone is down after colliding with a russian jet. the lead starts right now. russian fighter jets intercept an unmanned u.s. drone, forcing it down over the black sea. how will the u.s. respond? plus, 2024 is clearly on. donald trump makes his first election stop in iowa, in the cycle. he takes aim at his first florida competitive, florida governor ron desantis is not officially in the race yet. but first, protecting your money, multiple investigations reportedly launched into the collapse of silicon valley bank, or cbb, as panicked tweets are partly to blame for banks losing $40 million in a single day. welcome to the lead. i m jake tapper. any moment, president biden is expected to speak in monterey park, california, about efforts to reduce gun violence. he ll also meet with families and victims from one of this year s many, many mass shootings. we ll bring you the president s remarks as soon as they begin. until then, we turn to money lead. markets clo
saturation event. legal jeopardy? former president trump stumped in iowa with his former victor set to talk to prosecutors about their hush money investigation. plus roman catholics mark a milestone. it s been ten historic years since francis became pope. and later, they are on the frontline in ukraine s fight to preserve its culture. why the show goes on, despite russia s war. why is it so important to step in? translator: we want the world to see that ukraine also has its own incredible culture. announcer: this is the cbs weekend news from new york with gent duncan. the debate over the collapse of the silicon valley bank intensified hours after markets opened worldwide, and as companies braced for payroll challenges on monday. biden administration officials expressed confidence that the u.s. financial system remains safe skpp sound and that depositers should not be worried about losing their money. skylar henry is at the white house tonight with the latest.
the financial crisis, there were investors and owners of systemic large banks that were bailed out, and we re certainly not looking at the reforms that we put in place means that we re not going to do that again, but we are concerned about depositors and we re focused trying to meet their needs treasury secretary janet yellen commenting on one aspect of the biggest bank collapse since 2008 we ll break down what s happening with silicon bank in just a moment. plus, we ll bring you mining pence s strongest criticism yet of former president donald trump. those comments came off camera we ll have them for you. and my new reporting on the growing differences behind the scenes between washington and kyiv and the growing of the war and how and when the conflict may end. good morning and welcome to weathe way too early on this monday i m jonathan lemire. president joe biden will address the nation following the second largest bank failure new state history. at 9:00 this morni
it s 10:00 a.m i m lindsey reiser at msnbc headquarters in new york we re following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this we ll do whatever is needed. the government is taking extraordinary new steps to ensure customers will have full access to their money, a major move by the treasury and the federal reserve to shore up the banking system and prevent the panic from spreading to other banks. plus, a promise no losses will be shouldered by taxpayers and officials will hold the people responsible fully accountable. more on this in moments and what you need to know about your money. plus, no-show. donald trump s lawyers say he wi