we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. now i
and pentagon concerning the russian downing of a u.s. drone. new video shows when a pair of russian fighter jets approached the drone and brought it down. let s bring in oren liebermann and jeremy diamond. let s start with what the pentagon is saying about this new video. reporter: the video itself is pretty incredible. a close look at what happened early tuesday morning over the black sea. there are essentially two pieces to it. in the first one, a russian fighter jet makes a pass at a u.s. mq-9 reaper drone, dumping jet fuel. you see the drone itself is still operating. the propeller spinning, in the second clip of the video or the later part of the video, you see a russian fighter jet make another pass. you see the same dumping of jet fuel and this is where the russian jet collides with the u.s. drone, damaging its propeller and forcing it down. it s critical because this is what backs up the u.s. account of how this all played out over the course of 30 to 40 minutes o
From the north bay to the south bay. First, lets get the fro forecast. This is a storm thats not in a hurry to move on. As a result, were getting drenched across parts of the bay area. Well start off in San Francisco. Fulton street, mission street, getting pounded by heavy rain right now. Oranges and yellows from pacifica to millbrae, to san mateo. It is coming down in the santa cruz mountains. A storm report with some debris flow, not out of the question. From the south bay, los altos, sunnyvale, santa clara, getting a soaking. And in the east bay, they are getting drenched more than they were earlier. Oakland to piedmont, emiliville, berkeley getting a soaking there. And in the north bay, burn scar areas are holdi inin ining up o. But theres pockets that were keeping an eye on. As you go up north, moderate rainfall. On the storm impact scale, this is a strong level 3 storm. Rain will be heavy and flooding is possible. It will be gusty in the hills along with parts of the coastline. F
Live, where you live, this is abc 7 news. A storm is soaking the bay area tonight. Live doppler 7 shows heavy rain that is about about to let up. That rain is expected to continue through the night, into tomorrow. Taking a live look at San Francisco. More than two inches has pelted the city. Thats the most in three years. Rain has swollen bay area waterw waterways. Ties creek is looking like rapids tonight. And the bay bridge is slick. The winds are also a problem. A tree came crashing down on to a muni bus in San Franciscos financial district. Luckily, no one was hurt. We have Live Team Coverage from the north bay to the south bay. First, lets get the fro forecast. This is a storm thats not in a hurry to move on. As a result, were getting drenched across parts of the bay area. Well start off in San Francisco. Fulton street, mission street, getting pounded by heavy rain right now. Oranges and yellows from pacifica to millbrae, to san mateo. It is coming down in the santa cruz mountains
Live, where you live, this is abc 7 news. A storm is soaking the bay area tonight. Live doppler 7 shows heavy rain that is about about to let up. That rain is expected to continue through the night, into tomorrow. Taking a live look at San Francisco. More than two inches has pelted the city. Thats the most in three years. Rain has swollen bay area waterw waterways. Ties creek is looking like rapids tonight. And the bay bridge is slick. The winds are also a problem. A tree came crashing down on to a muni bus in San Franciscos financial district. Luckily, no one was hurt. We have Live Team Coverage from the north bay to the south bay. First, lets get the fro forecast. This is a storm thats not in a hurry to move on. As a result, were getting drenched across parts of the bay area. Well start off in San Francisco. Fulton street, mission street, getting pounded by heavy rain right now. Oranges and yellows from pacifica to millbrae, to san mateo. It is coming down in the santa cruz mountains