on capitol hill, democrats unveil a new bill they say will prevent another bank collapse. we will speaker with senator bob menendez who helped introduce the legislation. battle over abortion rights in texas how one jeryl judge to block a medication used in abortions nationwide. the latest fallout after a russian fighter jet and u.s. drone collide in mid air now russia says it s intenting to recover the fragments of that drone. we begin this very busy hour with the latest on wall street where the dow jones continues to drop after shares of another major bank tumbled more than 20%. dow jones is down 552 points and 1.7% dropping this morning a swiss bank with large operations in the u.s. and around the globe is the center of the latest crisis in the banking sector that is affecting wall street. joining us now with more is cnbc sema mody. what is going on with the markets this morning and why can you hear me? let s try to reestablish communication with her on this we will k
and has forced thousands of people to evacuate. cnn is live on the ground. we also have this for you. louisville police releasing intense body cam video of officers confronting the mass shooter at the bank on monday. the police chief says their actions saved lives. we re going to bring you the video next take a look live. look at president biden, speaking now in northern ireland on a historic visit will take you there lives. but first we ll go to that massive fire in indiana. where about 2000 people are being forced from their homes right now. is this virus continuing to rage? cnn s omar jimenez is live on the ground in richmond, indiana. omar i know you just got there. i see that you re wearing a mask. what is it like? on the grill there. and what are you hearing from? officials? yeah caitlin, this huge plume of smoke as you were driving into richmond, indiana here coming off the highway for miles. you really couldn t miss it. at this point. we do know that has been burning
highlights, and history. we are coming to you from times square in the heart of new york city, home to the famous ball drop which marks the beginning and end of every year. i m joe fryer. i m savannah sellers. for the next hour, we re looking back at the biggest stories of 2022. it started with the war in ukraine, a supreme court retirement, and that oscar slap that shook hollywood. it s ending with a tripledemic, looming recession fears, and the royal view uniting on the soccer field. along the way, there were celebrations, losses, and a lessons we can take into 2023. let s remember the year that was. the headlines that defined 2022 were seismic and historic. europe s largest armed conflict since world war ii free abortion not a manned. it supreme court station which overturned for decades of precedent. the death of a monarch who had reigned for 70 years. in its earliest days, 2022 seemed more like a copycat, limiting the worst qualities of the previous years
has died at the age of 95. we will have a live report from the vatican in just a moment. plus, new year and even more legal troubles for the former president of the united states after decades of flying under the radar was 2022 the year that accountability finally caught up to donald trump? plus, the halls of congress will be crawling with election deniers in 2023. with a divided republican party set to take over the house, you can put democracy at the bottom of the gop agenda. good morning. it is saturday, december 31st, new years eve. i am mehdi hasan, sitting in for my friend ali velshi this morning. not only is today the last day of the year, it also marks the official end of the january 6th committee. it s a series of blockbuster public hearings dominated the news this year with its many revelations about donald trump s desperate and anti-democratic attempts to cling on to power. the committee repeatedly made the case that trump was culpable and liable for the insurrec
disastrous holiday weekend continues to come at the expense of their customers. also this hour we ll check on the next storm system as buffalo residents begin to dig out and get back on the road and hopefully avoid tlooding in their communities. and an update from officials as doctors continue around the clock supervision of pope benedict from his bedside in a vatican city monastery. some new developments in the southwest airlines debacle just in the last few minutes. southwest is now announcing plans to, quote, return to normal operations with minimal disruptions by tomorrow. but still today thousands more flights have been cancelled. thousands of fliers still struggling to figure out how they are going to make it to their final destinations. other airlines like american, delta, united have offered to try to help putting a cap on flight prices between certain cities to give customers more options. it s unclear whether that s work ing. let s bring in nala charles. what