struggling first republic, the hope is that this massive cash infusion will calm markets and stop a panicky selloff. plus trump special koubl takes sweeping steps to get questions answered. subpoenas for workers from trump s communication handlers to the staff member caught on video helping move boxes in ask out of a storage room. and next week china s president makes a state visit to russia. the trip has consequences for ukraine s war of survival, and it happens the day the hague issues an arrest warrant for the russian president. up first, another bank saved from ruin. 11 banks, $30 billion, that s how much money is and how many lenders it took to save first republic from going the way of silicon valley bank. $5 billion from bank of america, wells fargo, jpmorgan and citi, $2.5 million from goldman sachs. this deal from the mega banks included behind the scenes talks between the treasury secretary, the fed chair and the jpmorgan chase chief. the goal, the rescue retur
i m rosemary church. just ahead, winter storms bearing down on both coasts in the u.s. one system could leave a foot or more of snow in parts of the northeast. another atmospheric river is said to dump rain on already flooded parts of california. plus, after the biggest u.s. bank failure since 2008, regional banks fear a broader financial crisis as their stocks tumble. former u.s. president donald trump in iowa taking swings at republican rivals, just days away from a potential indictment. good to have you with us. we begin here in the united states, where confidence in regional banks remains shaky, despite ashusurances from president joe biden that they are safe. a dozen of regional banks plunged to record lows following the collapse of silicon valley bank and signature bank. mr. biden promised to do whatever is needed to protect the u.s. banking system. and he promised to hold those responsible for the collapse f fully accountable. the management of the banks will b
hello and a warm welcome to our viewers in the united states and all and the world. just ahead the administration s top finance officials triggered a dramatic show of dual pronged government force. every american should feel confident that their deposits will be there if and when they need them. and heavy snowfall is coming down and that will continue tuesday. it is just the historic decision of whether to charge a former president is expected soon. he speaks in a code and i understand the code because i ve been around him for a decade. live from london, this is cnn newsroom with max foster and bianca nobilo. it is tuesday, march 14, 8:00 a.m. here in london, 4:00 a.m. on the u.s. east coast. and 1:00 a.m. in california where at least 50 million americans are bracing for two separate storm systems. much of new england and parts of new york will be hit by a major nor easter. and in monterey county, a levee breech has added to the flooding there and so5,
the race for a gop presidential nominee. for the first time since the invasion of ukraine began, russian officials could be facing war crimes charges. reuters and new york times reporting the international criminal court is planning to open two cases and issue arrest warrants for a number of people. something that ukraine has been asking for for some time. in just moments labor department will release a key inflation report revealing just how much consumer prices rose last month. biggest thing to watch for is what the federal reserve is going to do. are they worried about the fragility of the banking system and being able to handle more rate hikes. good morning, everyone. welcome in to cnn this morning. banks across america struggling with the fallout from the largest bank failure since the 2008 financial crisis. stocks of more than two dozen regional banks plummeted yesterday, even after president biden took emergency action to ease panic. we re keeping a
the caucuses seven years ago plus, themarkets get a break as cooling inflation sparks a much needed rally on wall street. but what about main street what does the latest report tell us about the cost of food and clothes and electricity? we ll break it all down for you. and forecasters in california warning that a new round of rainstorms may bring large scale and long lasting flooding up to eight more inches of rain falling on areas yet to recover from last week s storm as the totals reached levels not seen in decades all this as the northeast sees its first real snow of the season, less than a week before the official start of spring we have a lot going on we ll have all of it for you in just a minute. but we start with donald trump unveiling his strategy for presidential run number three, fully embodying the combative, insulting and misleading campaign style that made him president. but that we had seen very little of in recent months. it started before he even got to io