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,
announcement about his future in the nfl. announcer: this is nbc nightly news with lester holt good evening after suffering a dehumanizing death helplessly beaten in the street, the life and the person that was tyre nichols was celebrated in a memphis church today a funeral that portrayed nichols as more than a victim of a shocking act, but also a father, a skateboard enthusiast, a photographer the service, however, was also a public outcry for police reform, attended by other families who have lost loved ones to police. also in attendance, vice president kamala harris who said this violent act was not in pursuit of public safety on that note, we have learned more about the five officers charged with nichols death, including the disciplinary histories for four of them as an apparent disconnect emerges between police accounts of the confrontation with nichols and what is seen on video recordings priscilla thompson leads us off tonight reporter: tonight, songs of sor
let s get down to business, there were no january blues on wall street as the month ended on a high for investors. lets look at the numbers some of the biggest names in corporate america have been reporting their latest earnings. the dow is up 2% in the month, the s&p is up 596. the rally comes as investors also look ahead to the us federal reserve as a two day meeting gets underway. my colleague samira hussain, with more from new york. 2022 was the worst year for the stock market since 2008 year, so far, is proving to be different with financial markets posting strong again for the month of january. markets posting strong again for the month ofjanuary. 0n for the month ofjanuary. on wednesday, all eyes moved to washington for the latest interest rate decision. traders are expecting to see rates increase by 25 points, a far cry from the aggressive interest rate hikes last year when america s central bank raised interest rates by three quarters of a percent four times. but the
of control the washington post is reporting that officials are safeguarding all uninsured deposits at ? valley bank this is a response of the government can t find a buyer for the failed bank and the treasury department has briefed lawmakers about the latest on the situation. they were the go to lender protect startups until the sudden collapse on friday. and what are we hearing from the bided administration about what s being done and what s being ruled out? the bided administration has been working trying to find a solution in the wake of a collapse a bank the treasury secretary said she has been speaking with regulators throughout the weekend and depositors and president biden spoke last night with the california governor gavin newsom about steps to address the situation. one big question is regarding the deposits at the bank for the time being the fcic insures deposits up to $250,000 leaving them to question what happens to those who have larger than that amount and t
top of the hour. a busy wednesday morning. we begin with breaking news this morning. cnn has learned that the fbi conducted a search at president biden s home in rehoboth beach, delaware. the search taking place this morning as a special counsel investigation into the president s handling of classified material picks up. mj lee is at the white house. paula, what more can you tell us about this search. was it expected? sfwlr it was absolutely expected. back when the classified documents were discovered in the office, his attorneys went and also searched his two homes. one in will mington. they say they did discover classified materials at his wilmington home, but they did not uncover any at this property. once this baim the subject of a special counsel investigation, ten days ago the fbi conducted its own search of the wilmington house. it lasted 13 hours and did uncover additional classified materials. so it was very much expected that the fbi would also go back to the reho