i m lindsey reiser we have breaking news this thursday morning dramatic video released from the u.s. military showing the alarming moment a russian fighter jet clipped a u.s. drone sending it crashing into the black sea. u.s. officials calling the action unsafe, unprofessional, aggressive nbc news confirming those actions were approved from the government and janet yellen in the hot seat this morning as regulators race to alleviate fears. the treasury secretary set to begin testifying before the senate finance committee any second second plus the new alarm bills about two other banks under massive pressure as the fallout from the silicon valley bank continues. and back off or get banned a source close to the mega popular app confirms to nbc news the biden administration has demanded iktok s chinese owner sell their stakes in the app or face a possible ban in the u.s what does it mean for the millions of tiktok users in the u.s. and a major escalation into one of the i
in the global banking sector credit suisse getting a $50 billion life line today from the swiss central bank new concerns about the large number of uninsured deposits at first republic, another california regional bank i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. also this hour, the pentagon s stunning video of the russian jet flying directly toward the u.s. drone and what appears to be dumping fuel on the unmanned drone flying over the black sea near crimea. we know that the aggressive behavior was intentional we know it was very unprofessional and very unsafe time is up the white house demanding tiktok s chinese owners sell their stake in the platform or possibly be banned from the u.s. senator intelligence committee member angus king joining us today. good day, everyone i m andrea mitchell in washington where treasury secretary janet yellen
inflation. prices fell dramatically last month for manufacturers. of course, those costs passed down to consumers eventually. the flip side, there are still banking fears simmering, futures way down ahead of the opening bell, you can see there. what all of this means as we get another big decision coming, that is, the feds, whether it will raise interest rates again. plus this morning escalating tensions after an alarming encounter over the black sea, a russian fighter jet colliding with an unmanned u.s. drone. that $23 million aircraft then crashing into the sea and the race is now on to recover it. extreme life-threatening weather continues to hammer both coasts this morning. record rain, swamping california, heavy snow, 3 feet in some areas, burying the northeast. this morning nearly half a million people without power. we are going to get to all of that, but we do want to begin with the economy this morning, this new data that just dropped, cnn chief business corres
abortion in the united states. this case specifically involves, rather, a drug used in a medication abortion. as of 2020 research shows abortion pills account for more than half of all u.s. abortion and miscarriage health care in this country. the trump-appointed federal judge was at the center of this battle already facing scrutiny. we ll take you live to tech tex and texas and tell you more about why. u.s. officials expressing concern after the drone crashed into the black sea. washington s message to moscow this morning. we are also keeping a close eye on the markets. the dow down just over 500 points now this despite good data on inflation. we ll explain what s behind those numbers at the stock market. but we do begin in texas where the biggest legal battle over abortion since roe v. wade was overturned by the supreme court is happening now. cnn s rosa floores is in amarillo, texas. one judge in amarillo could have national implications here. this judge has a lot of p
democrats. kate mitchell donated $50,000 to hillary clinton s 2016 presidential campaign and staglin owns an estate near nancy pelosi s home and made several donations to democrats totaling $150,000. mary miller did not donate but served for obama at the treasury department. only member of the silicon valley bank with prior investment banking experience is tom king who previously served as ceo of barclays. donations to social causes, sbv donated to groups tied to black lives matter. it is not the only bank that went under to make similar donations, signature bank donated to the democratic party. only $750,000 was given to the gop. they were shut down in the aftermath of svb s collapse and hosted seminar on pronouns less than six months before it went under, watch. we talk about folks that are nonbinary, do not identify male or female, they use they/them as pronoun ze and hir are other pronouns. brooke: top executives starred in a broadway style sketch in 2014. watch this.