government is stepping in to calm the failure two of u.s. banks. everyone that had money in sign silicon valley bank and signature bank will have money. the president is going to address the public about it. oscars, stealing the show, best picturor, best actress, best supporting actor and best supporting actress. also overnight, saber-rattling once against from north korea with a missile test launched from a submarine. the u.s. and south korea begin joint military exercises. you know this name. michael cohen. set to testify in a case that could lead to criminal charges against donald trump. cohen expected to appear before a mat nhattan grand jury. he s been making hush payments to stormy daniels. and get this march madness your march madness bracket is set for the ncaa tournament. the one seeded, kansas, purdue, alabama, something like that never heard of them. cnn this morning starts right now. i can tell you, i was in washington this weekend. the collapse of
most people want to know is my money safe? am i involved in this even though i may not directly have, you know, some involvement with this bank? and also, there is still trying to figure out if they re going to be taken over by someone else to avoid a domino infect. yeah. depositors will be okay. so far no one acquired them yet. this morning president biden is going to be addressing the nation for the first time publicly since this happened. that comes after administration officials worked out the weekend and scrambling to stem what they feared was going to be contagion from the silicon valley bank collapse. on the lines of the president this morning, potential economic and political fallout. a second bank also closed its doors abruptly. that came after regulators warned keeping it open could threaten the entire financial system s stability. signature bank becoming a part of the victim of the fallout that ensued after friday. that led to an extraordinary move by the federal gover