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
early with us on this thursday morning. morning joe starts right now. this isn t a question of vindication. it is not a question, as i stated before, about revenge this is a my position is that, at the end of the day, donald trump needs to be held accountable for his dirty deeds if, in fact, that s the way that the facts play out that was donald trump s former fixer after wrapping up his testimony to a manhattan grand jury by the way, former fixer who went to jail, actually got convicted and went to jail for being part of this scheme that donald trump is now being investigated for. michael cohen spent two days on the stand answering questions about the hush money given to stormy daniels, the porn star. now, we re learning that she is talking to prosecutors also ahead, we ll dig into the new reporting out of georgia on another phone call the former president made to an election official there in the aftermath of the 2020 election. it s like the end of the hunt
hello and welcome to our viewers joining us here in the united states and all around the world. you are watching cnn newsroom, and i m rosemary church. just ahead, russian warplanes accused of taking down the u.s. drone over the black sea. u.s. officials say it was reckless and unprofessional. we ll look at how moscow is responding ahead. and we re tracking two major coastal storms in the u.s. more flooding in california and a nor easter dumping snow on the east coast. plus, u.s. stocks appear to rebound following the collapse of silicon valley bank. this as federal authorities launch investigations into the bank s failure. live from cnn center, this cnn newsroom. with rosemary church. good to have you with us. well, russia is disputing a u.s. claim that one of its fighter jets hit a u.s. drone, forcing it to crash into the black sea near ukraine. the u.s. military says russian warplanes intercepted the american surveillance drone on tuesday, dumping fuel on it, a
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