brand-new at 2:00. hi, sandra. sandra: sandra smith in new york. right into a jam packed hour with this fox news alert. faa has been charged with modernizing notam for ten years. why has it taken ten years? we have been on a journey of modernization. let me ask again, why has it taken ten years and why is it still not done. it does take a while. these systems the complexity. everyone shut down the first time since 9/11. john: acting head of the faa getting grilled on capitol hill over the air travel debacle, the first nationwide ground stop since the september 11th attacks. sandra: faa says it is now taking steps to avoid a repeat of that massive system failure but already several incidents of near collisions have travelers rethinking their next trips. john: even some lawmakers questioning the agency s priorities, listen here. do you believe that that is your mission at the faa to mitigate climate change and increase equity, is that your job at the faa?
day on wall street, the u.s. government steps in to protect a failed bank, promising depositors they won t lose a penny. one film won everything everywhere all at once at this year s oscar awards. plus already-flooded parts of california bracing for yet another powerful storm. live from cnn center, this is cnn newsroom with rosemary church. good to have you with us. we begin here in the united states where the biden administration is stepping in to contain the fallout from the sudden collapse of silicon valley bank. authorities say customers will have access to all their money starting monday morning. the president also promised to hold those responsible for the bank s failure fully accountable. he will speak about the issue in the coming hours. regulators also shot down another regional institution, signature bank, fearing it was also on the brink of collapse. cnn s arlette saenz has more. reporter: the biden administration took extraordinary steps sunday to ensu
just ahead on cnn newsroom what we re living in today is a very traditional run. making sure people can make payrolls and making sure depositors can taken care of. is that what you want for families and jobs? cnn meteorologists predicting more for california, unleashing heavy rain and snow once again. from london, this is cnn newsroom, with max foster and bianca nobilo. it is monday, march the 13th. 8 4:00 amy in washington, d.c., and president biden is promising all customers will have access to their money starting today. mr. biden also promising to hold the banks fully accountable. here in america, hsbc has announced buying the treasury bank. and janet yell assured americans they will make sure this doesn t happen to another bank. we want to make sure that the shortfalls that exist in one bank don t create contagion to others that are sound. and the goal always of supervision and regulation is to make sure that contagion can t can t occur. now,
ahead of the trading day on wall street, the u.s. government steps in to protect a failed bank, promising depositors they won t lose a penny. one film won everything, everywhere, all at once on this year s oscar awards. already-flooded parts of california bracing for yet another powerful storm. this is cnn newsroom with rosemary church. thanks for joining us. we begin in the united states where the biden administration is stepping in to contain the fallout from the sudden collapse of silicon valley bank. authorities say customers will have access to all their money starting monday morning. the president also promised to hold those responsible for the bank s failure fully accountable. he will speak about the issue in the coming hours. regulators also shot down another regional institution, signature bank, fearing it was also on the brink of collapse. cnn s arlette saenz has more. reporter: the biden administration took extraordinary steps sunday to ensure that al
by police while trying to reassure the public. we are really pleased by the response and how our officers handled this situation. all three of the officers are in stable conditions, and there are no credible threats to new yorkers at this time. if. rich: alexis mcadams is live here in new york city. reporter: hi, rich. this all happened last night right in the middle of times square. we saw the police action and a lot of activity the, now we re finding out exactly what went down. investigators and sources are telling us that this teenage suspect drove in from maine, he became radicalized online, pulled out that machete and started swinging. we did talk to the police about this. listen to what they had to say. a 19-year-old male approached an officer and attempted to strike him over the head with a machete. the male then struck two additional officers in the head with the machete i. one officer, an 8-year veteran, suffered a laceration to the head. the second officer who