good tuesday morning, i m erica hill. and i m jim sciutto. some major news just in on your money. new key inflation data finds that americans overall are paying less for items. still, however, some sticker shock out there. will the fed now pause its ongoing rate hikes? we re also closely watching bank crisis fears following the sudden collapse of two regional banks. markets open soon. we will look at where things stand today. plus, loyalty loss. former president trump taking his first stage in iowa since announcing his third bid for the white house, sharpening his 2024 attacks. why he says he regrets ever endorsing florida governor ron desantis. and state of emergency in parts of new england this morning. a dangerous nor easter slamming the region with heavy snow, coastal flooding, powerful winds possible. boy, looks dangerous. that is one big storm. we do want to begin with your money. banking concerns across the nation, we have priscilla alvarez, lauren fox and chri
11, 2025, so two years. reporter: about an hour north of the border this man helps lead the refugee center in montreal. a dramatic increase from the numbers we are used to seeing historically in canada. reporter: a nonprofit working with the government to help guide asylums through the process. january saw an increase from december, february saw an increase from january. reporter: government figures show a record 39,000 unauthorized entries into quebec into the u.s. in 2022, nearly all according to experts entered through rocks and road. in january alone crossings here neared 5,000, compare that to more than 2,300 a year before. u.s. and canadian officials are discussing potential changes to the safe third country agreement, a loophole in that treaty is incent stridesing migrants crossing from the u.s. to use rocks and road. the way to close rocks and road is to renegotiate the safe third country agreement with the united states, which is something that we ve been working o