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
for all the little boys and girls for all the little boys and girls look like me this is a beacon girls look like me this is a beacon of hope and possibilities! hello and welcome to the programme the leaders of the us, britain and australia, meeting in california, have given details of a defence pact that will provide australia with nuclear powered attack submarines. president biden, uk prime minister rishi sunak and the australian prime minister, anthony albanese, have met to confirm the aukus security agreement. the deal is aimed at countering what the three nations see as china s threat in the indo pacific region. our political editor, chris mason, has more from san diego. china. austria and the united kinudom china. austria and the united kingdom are china. austria and the united kingdom are two china. austria and the united kingdom are two of - china. austria and the united | kingdom are two of america s most stalwart and capable allies. our common values are s
interior shows that as you point out the point out the biden administration actually moved forward increasing royalty fees on fossil fuel drilling of the alaskan coach that is despite their own assessment that lower fees would increase energy security for the state. the decision made by former bureau of energy management director amanda lefton and back by assistant secretary laura daniel davis. now, for her part, she said it would attract more bids and be more likely to facilitate expeditious and orderly development of offshore resources adding that the higher rate quote constitutes the most reasonable balancing of environmental and economic factors for the american public. it was switched on capitol hill but democrats senator joe manchin saying he is appalled and that the leaked memo makes it crystal clear that this administration is literally putting their radical climate agenda ahead of the need for people of alaska and the united states. and well, over at the white house,
gleaming whose broad stripes and bright stars through the perilous fight o er the ramparts we watched were so gallantly streaming and the rockets red glare the bombs bursting in air gave proof through the night that our flag was still there o say does that star spangled banner yet wave o er the land of the free and the home of the brave will: powerful storms across the south bring heavy rain, wind and flooding. it killed ten people including three in alabama. this doorbell camera capturing the system barreling through a backyard. rachel: four dead and kentucky were several tornadoes touched down. 420,000 are without power in the state. that s a huge chunk of the one million outages across the country. in the upper midwest, snowfall in michigan creating dangerous conditions on the roads. pete: a serious situation in southern california. communities in the san bernardino mountains are buried. one resident writing help me in the snow
controversial new bill and party line vote which could fundamentally reshape the way public institutions deal with transgender athletes in sports. the protection of women and girls in sports act aims to amend title 9 definition of gender, making the criteria based solely on a person s biological sex at the time of birth. that new definition would effectiv bar transgender women from come beating in ufrnts across america. while it is a win for female athletes, the white house says it will be dead on arrival. if it hits the president s desk, he will sri tow it. at a time transgender youth face a nationwide mental health crisis, a national law that further stigmatizes these children is completely unnecessary. hurts families and students and only puts students at greater risk. the president presented with hr734 said he would veto it. house speaker kevin mccarthy speaking on the bill s passing on the capitol steps moments ago. there s a reason title 9 was created, there s a reaso