to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. earlier, i spoke to oreana financial s chief global investment officer, isaac poole, who told me the turmoil will not end with the collapse of first republic. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure on depositors and so forth. as we look out, there is a real risk that initially what was a bank specific problem becomes a wider problem for the syste
massive manhunt is underway in texas. alleged killer who shot five people execution style. the youngest victim an eight year old boy. a short time ago, houston fbi officials released new photos of the suspect. 38 year old francisco oropeza, who they say disappeared after shooting his neighbors in the city of cleveland, texas. after hours of believing they had him surrounded investigators now say he could be anywhere. the fbi updated their investigation this afternoon, calling on the public s help to bring this man hunt to an end. offering an 80,000 dollar reward. the fbi said today, they have zero leads. we do not know where he is. we don t have any tips right now as to where he may be. and that is why we have come up with this reward, so that hopefully, somebody out there can call us. i can pretty much guarantee you he, has contacted some of his friends, we just don t know what friends they are and that is what we need from the public. any type of information. because righ
. a warm welcome to our viewers in the united states and around the world. i m bianca nobilo. and i m max foster. just ahead on cnn newsroom we are sadly now into the window where so many of the ambulances will likely be taking people who perished. i hate to disappoint you, but the biden economic plan is working. this is a blue collar blueprint to rebuild america. responsible nation would have put out some kind of statement saying head s up, this is heading your way. just want to let you know. it is thursday, february 9. in turkey and syria, the death toll is now more than 16,000. rescue crews are getting desperate to find survivors. in northern syria, there are mountains of rubble. officials in damascus say close to 300,000 people have been forced from their homes. this video shows a crew working to clear debris despite limited resources. and white helmets are digging mass graves for the victims. the syrian government wants international sanctions lifted so
right now, two separate senate committees are drilling into u.s. and china relations. in the wake of that chinese spy balloon entering the u.s. just last hour senator jon tester made the stakes abundantly clear. china s a real threat and one we need to take seriously, which is exactly why we re here today. house members this morning receiving a classified briefing on the balloon ahead of a vote scheduled just a few minutes from now to condemn china s use of a spy craft. senators are set to receive an all members briefing of their own in about 30 minutes. all of this happening as the state department is revealing fresh details about china s surveillance program this morning. and just what the balloon hovering over the u.s. was capable of. in a few moments, i ll talk to former u.s. ambassador to china max baucus about what we can learn and the very real threat posed by china. plus, fading hopes for survival, days after devastating earthquakes rocked turkey and syria. the
we ve got lawson uso cover, and lots of questions to answer. so let s get started. that ceiling showdown, house speaker kevin mccarthy not just a win in the house, but his victory lap may run out of gas in the senate. or live on capitol hill with the latest as the nation inches closer to a debt default. plus, telling their side, the same moment a woman suing former president trump for an alleged rape it is giving tearful over price jerry six insurrection in d.c.. we re going in-depth on all those trump troubles ahead. later, desantis drama, florida governor ron desantis arrives at the white house, while the house memos hits him with the federal lawsuit. we go inside the drama and how it will impact his presidential aspirations. all of this and more is coming up. and a good saturday morning to you, i am katie phang. we start today s show with the standoff over the debt ceiling. speaker kevin mccarthy is taking a premature victory lap after house republicans narrowly lashed