it s such an impossible question to answer what do you say to the lawyer, hush money happens all the time. there s hundreds of them thank you, my friend, as always and thanks for joining us this hour the battle to be the standard bearer for the american far right has officially begun ron desanctus, everybody ever heard of him. he was bad against ethanol and he also fought against social security. he wanted to decimate it he wanted the minimum retirement age to be lifted to people 70 years old. he also voted to severely cut medicare i will not be cutting medicare and i ll not be cutting social security ron was a disciple of paul ryan, who was a rino loser who currently is destroying fox and constantly vote against entitlements ron reminds me a lot of mitt rumny. reminds me a lot of mitt romney which is the most epic burn you can levy in today s gop. he of course is not stopping there. trump had some unique things to say about his potential rival and vice president mi
two banks. both with deep ties to the tech industry. the collapse of fat silicon valley bank in the bay area and signature bank here in new york shook customers and investors alike. the question was, and really still as, what it also threaten the broader market in the banking system so so far, the answer appears to be no. markets largely held steady, closing the day mix shares in regional banks amongst the ones that failed to take a beating. joining shortly, lawrence summer, who actually predicted the current high insulation to walk us through the coming days and weeks and what he thinks about the federal response so far. including this promise from the president. every american should feel confident that their deposits will be there, if and when they need them. in addition to secretary summers, we have cnn s kristen romans and phil mattingly on this for us tonight. christine, on your money, and fill, on the white house response and what comes next. we begin with christin
one system could leave a foot or more of snow in parts of the northeast, while another atmospheric river is set to dump rain on already flooded parts of california. plus, after the biggest u.s. bank failure since 2008, regional banks fear a broader financial crisis as their stocks tumble. , and former president trump in iowa taking swings at gop rivals just days away from a potential criminal indictment. good to have you with us, we ll, from coast to coast major storm systems are set to pummel california and the u.s. northeast. out west, the golden state was already dealing with major flooding. some 30 million people across california are under flood watches. and, on the other side of the country, a major is expected to cover new england and parts of new york in snow. millions of people in cities like boston, syracuse and portland, maine, we re under winter alerts ahead of the storm. and days ago u.s. president joe biden declared a set emergency in more than 30 california c
i m rosemary church. just ahead, winter storms bearing down on both coasts in the u.s. one system could leave a foot or more of snow in parts of the northeast. another atmospheric river is said to dump rain on already flooded parts of california. plus, after the biggest u.s. bank failure since 2008, regional banks fear a broader financial crisis as their stocks tumble. former u.s. president donald trump in iowa taking swings at republican rivals, just days away from a potential indictment. good to have you with us. we begin here in the united states, where confidence in regional banks remains shaky, despite ashusurances from president joe biden that they are safe. a dozen of regional banks plunged to record lows following the collapse of silicon valley bank and signature bank. mr. biden promised to do whatever is needed to protect the u.s. banking system. and he promised to hold those responsible for the collapse f fully accountable. the management of the banks will b
the race for a gop presidential nominee. for the first time since the invasion of ukraine began, russian officials could be facing war crimes charges. reuters and new york times reporting the international criminal court is planning to open two cases and issue arrest warrants for a number of people. something that ukraine has been asking for for some time. in just moments labor department will release a key inflation report revealing just how much consumer prices rose last month. biggest thing to watch for is what the federal reserve is going to do. are they worried about the fragility of the banking system and being able to handle more rate hikes. good morning, everyone. welcome in to cnn this morning. banks across america struggling with the fallout from the largest bank failure since the 2008 financial crisis. stocks of more than two dozen regional banks plummeted yesterday, even after president biden took emergency action to ease panic. we re keeping a