racing to protect the flooded town where thousands had to evacuate plus, president biden hours away to sign an order reducing gun violence we will talk to brandon tsay, the man that disarmed the gunman former president trump in iowa tears into florida governor, ron desantis we will play for you what he had to say we begin this hour with breaking news. the wall street journal now reporting that the justice department and the sec are now both investigating the collapse of silicon valley bank according to people familiar with this story. nbc news has not confirmed the report at this time. meanwhile, new data we just got in hours ago show that inflation increased 0.4 of a percent last night, and prices for key essentials are high. milk, eggs, butter, chicken and coffee cost more today than they did last year. the report coming one day after the government took emergency steps to prevent a major banking meltdown after the collapse of these two major banks. president biden
how the lab leak theory is picking up steam. reporter: another covid report, 300 pages. the big take away is this statement. the preponderance of information affirms the possibility of a research related incident that was likely unintentional resulting from failures of biosafety containment during vaccine related research. relies on that scientists that have yet to discover any sort of naturally occurring viruses that are similar in composition to covid-19. furthermore, the report argues researchers in china started on at least two covid vaccines in november of 2019 before the pandemic. and that there are also safety concerns at that very lab. this is how the senator of kansas released the report interprets the fighting. i want to emphasize i think this leak was unintentional. they had no reason that they wanted to release this virus. i would hope for the best. we have to assume the worst. reporter: fbi director wray christopher wray said the virus most likely came fro
in iowa, inductions. we will never, ever surrender to the woke mob. our state is where woke goes to die. governor ron desantis prepares for an all but certain presidential run. but does he have what it takes to bring down the front-runner. plus shifting right. the president may break a big campaign promise on energy. will it cause a breach with progressives. i hope that as we go into the next two years he continues to be the strong principaled president he s been. and the gop insurrection divide. it he wasn t a stroll through the capitol. it was an attack. a large majority of folks in d.c. were peaceful. how a right wing tv host triggered a conversation most republicans don t want to have. welcome to inside politics. i m manu raju in today for abby. when the history of the 2024 presidential campaign is written, this week may be chapter 1. republican front-runner donald trump will be in iowa tomorrow for the first time since he launched his third presidenti
am taking the train. kaitlan, thank you very much. we appreciate it. cnn newsroom starts right now, of course, with the breaking news as well. good wednesday morning to you, i m jim sciutto. and i m erica hill. we are following the breaking news this morning after u.s. flights were grounded, the faa now lifting that ground stop. u.s. flights resuming here. there is, though, as you can imagine a huge mess unfolding at airports across this country and, frankly, around the world. a key faa safety system went down earlier this morning, that led to some scrambling from coast to coast. here is where we stand at this hour, the faa says it is set to resume more flight departures this hour, but in terms of the backlog, the damage that we re seeing, the delays and cancellations, understandably rising by the minute. new york lines are growing, atlanta and chicago delay warnings taking over departure screens. they may be the lucky ones stuck in the airports that are already i
states. reporter: the number of flight delays are still climbing along with major outrage over how air travel came to a near unprecedented halt. the faa did just post that no u.s. departures will happen today until 9:00 a.m. reporter: wednesday morning, airports across the country stood still as the federal aviation administration implemented a nationwide ground stop, something not seen since the n9/11 terrorist attacks. interesting day. everybody except medivac and military stopped. reporter: the faa fail injury st failure started overnight in notices to air missions the bulletins provide the latest information about airports and air space. it s absolutely essential and the system can be very fragile. reporter: the effect cascading cancellations and delays in the thousands. first it was a 20-minute delay and then an hour. reporter: anger is stretching from concourses to capitol hill. ted cruz the top senate republican overseeing transportation is calling