on capitol hill, democrats unveil a new bill they say will prevent another bank collapse. we will speaker with senator bob menendez who helped introduce the legislation. battle over abortion rights in texas how one jeryl judge to block a medication used in abortions nationwide. the latest fallout after a russian fighter jet and u.s. drone collide in mid air now russia says it s intenting to recover the fragments of that drone. we begin this very busy hour with the latest on wall street where the dow jones continues to drop after shares of another major bank tumbled more than 20%. dow jones is down 552 points and 1.7% dropping this morning a swiss bank with large operations in the u.s. and around the globe is the center of the latest crisis in the banking sector that is affecting wall street. joining us now with more is cnbc sema mody. what is going on with the markets this morning and why can you hear me? let s try to reestablish communication with her on this we will k
hire, everyone. it s 4:00 in new york on a very busy day of news and more details on what promises to be a blockbuster hearing on the january 6 hearing and we ll have much more on that. we begin with the verdict in the alex jones trial where a jury has just awarded nearly $1 billion in damages to the family members of the sandy hook victims, people who suffered from the lines that alex jones started spreading hours after the massacre. harry lipman joins us, a former u.s. attorney and former deputy assistant attorney general. let me just not go the down the rabbit holes of alex jones but the families had pain and suffering from the massacre being described as a hoax and the nearly billion dollars in damages does nothing, nothing to deal with their grief but it was as signal, it seems harry, that the jury felt that it was represent henceible. even his defense attorney said in close, nicole. this is a despicable human being and, of course, he s the vilest vermin out there on
report in the washington post that documents about the nuclear capabilities of foreign nations were among those found at mar-a-lago. the former president is also responding. also, this hour we re following that news of an expected indictment for steve bannon. the one-time chief strategist in the trump white house looking to face prosecutors. when bannon could surreturn to thoughts. in tex, a judge gutting a key provision of the affordable care act. he ruled that free coverage of certain drugs that prevent hiv infections violate the religious beliefs of a christian-owned business. i m joe fryer in new york in for hallie jackson. we re going to start with the latest fallout with ken dylanian, the washington post political investigative reporter josh dauce, and paul butler. the fbi found a document that describes, quote, a foreign government s mill tar defenses, including its nuclear capabilities. nubs news has not independently confirmed this reporting, the doj declined
saying his symptoms are improving. meanwhile, the latest january 6 hearing is still sending shock waves to capitol hill. where donald trump refused to declare the election over or condemn the rioters. we ll take a look at how this could play into november s narratives and beyond. also, nearly one-third of americans are under heat advisories. 210 million people will face scorching temperatures over 90 today. the heat wave expected to last well into the weekend. we start at the white house. dealing with president biden s positive covid diagnosis on two fronts. medical and political. less than two hours ago, the white house physician said the president s symptoms have improved. the white house eager to show this is not a crisis and the president is continuing to keep a busy schedule while getting treatment. they just sent out this picture showing the president speaking by phone with his national security team. this picture also sent out in a tweet this morning showing the
there to receive her body. with me now is kier simmons, tim york. kier, glad to have you with us at this really somber and emotional moment for people in the uk who are now for the first time seeing the queen arrive to a place that she called home for decades. reporter: that s right. i just drove along that same route that the queen s hearse, the state hearse, glass windows to make it easier for people to see the coffin as she passes by. i just drove that route and people were lining the route, waiting in silence with umbrellas. very british scene. as they waited for the queen to say good-bye for one last time. just think about this. here on the streets of london, many londoners have experienced seeing the queen go by. coming here to celebrate, possibly for her 70th anniversary. but for all of them now, this is the last chance. this is the last time that there will not be another time after this week and i think that we re looking at now is her hearse passing down. i think