i m victor blackwell. welcome to cnn newsroom. we re hours away from president biden s state of the union address tonight, his first to a divided congress. instead of nancy pelosi over the president s left shoulder, it will be speaker kevin mccarthy. the speech is expected to draw the largest television audience for the president this year. americans will hear biden lay out why he believes the state of the union is strong as he said last week. he s expected to talk about lowering inflation, improving infrastructure and getting past the worst of the pandemic. he s also expected to talk about america s stand against china. of course just days after an american fighter jet shot down one of its supply balloons. the president will likely increase the urgency for congress to act on policing reform and an adult weapons band. all of it will be a test run for his re-election bid. phil mattingly is with us now. what more should we expect from the president tonight? you know, vict
hour on cnn newsroom. i m bianna golodryga. i m victor blackwell. in just a few hours, we ll see president biden in primetime. this will be his first state of the union address before a divided congress. the speech will offer the president his largest television audience of the year, and unlike last year when nancy pelosi sat behind the president, the house speaker seat will be occupied by republican kevin mccarthy. his party holds a slim majority in the house, and the president said he will extend his hand. he ll go across the aisle for veterans and the opioid epidemic. he expects to lay out his successes setting up what insiders say is a test run for his re-election bid. manu raju and phil mattingly are at the white house. give us a preview of what we can expect tonight. i think the president will try to connect. when you talk to his advisers, connect what they view of critical accomplishments to what they know they still need to accomplish the year or two ahead. it
cia, the new warnings to china not to help russia in ukraine. and people are getting a first look at how bad the storms were. and a new decision of abortions today, and the impact could be immediate and nationwide. this is what we are watching this hour. thank you for being here. i m kate bolduan. the concern over china and ukraine tensions are growing every hour. first there was concern that china was going to provide russia with weapons to help with the war in ukraine. but the biden administrator told that they are strongly considering sending drones and ammunitions to russia to defeat ukraine. and so we will start with m.j. lee who is live at the white house. m.j., what is and isn t the white house saying about the latest assessment? well, kate, the administration is openly warning that china is considering providing lethal aid to russia in the war against ukraine, and talking about drones and while china has not made a final decision of whether to go down this path,
hello there. we begin in the us where, in an extraordinary move to contain panic in the banking system, 11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. that s been putting a ton of pressure on smaller regional banks. depositors at first republic have withdrawn billions of dollars and the regional banks share price has been cut in half. now the biggest of the american banks have stepped in, led by the likes ofjpmorgan and citigroup, 11 companies have agreed to make $30 billion of uninsured deposits in first republic. they have done this in the hope that it will be enough to shore up conf