hello and welcome to inside politics. i m john king in washington. thank you for sharing your day with us. shaky or sound? first republic bank collapses, a weekend deal to buy it bales out uber wealthy depositors but stirs worries about the strength of the economy. plus the head of the republican national committee delivers a blunt warning to republican candidates coast to coast, ignore the abortion issue at your own expense. and entire lives packed into a single suitcase, cnn captures the desperation on the dock in port sudan. thousands hoping to leave a nation at war with itself. up first for us, first republic goes bust, the company s 84 branches are open but under a new banner, that after regulators seized it and then broke it in an emergency weekend deal to sell it off. jpmorgan chase takes over nearly all of first republic s assets. the government says all depositors are protected and that the 92 billion in first republic deposits are safe. their failure is the
man hunt. another incident of a mass shooting over a neighborhood dispute. the search is on in texas for a suspect who allegedly murdered five of his neighbors friday including a 9-year-old boy using an ar 15 style rifle after a neighbor asked the suspect to stop shooting his gun outside because of it was keeping their baby awake. texas governor greg abbott facing criticism for calling the mass shooting victims illegal immigrants and president biden confronting the age issue head on at the white house correspondents dinner. they say i m over the hill. don lemon would say that s a mine in his prime. good day. federal regulators have stepped in to rescue first republic bank. it has been sold to jpmorgan chase after losing nearly $100 billion of its deposit this is year. the takeover insuring customers have access to their uninsured deposits. the third major bank to go under this year. this comes after the federal reserve in a scathing report on friday took much of the bla
down just before midnight and the suspect allegedly opened fire on his family, killing five of the 10 people inside the home. that man who survived the shooting lost his wife and grandson in the attack. he said, i never thought he would shoot, i can t believe what he did. griff: a dozen agencies are searching for oropesa, officials have no leads as to his whereabouts and local authorities fear he could be anywhere. five people died in my county and that is why my heart is, in my county, protecting my people to the best of my ability. we have federal, state and local agencies trying to bring this suspect into custody so we can bring justice to the five victims and to ensure this community is safe. griff: they re offing an $80,000 reward for oropesa s capture. as we sit here talking about the migrant crisis, which is coming behind me in that last hour, we had that exclusive interview with chris oliveras who gave insight on difficulty of bringing oropesa into custody. th
evacuation orders in california as excessive rainfall leads to raging flood waters. the fresno county sheriff joins me in a few minutes. new legal woes for donald trump, the former u.s. president is considering whether to testify before a grand jury about his alleged role in a hush money scheme. a look at what s behind the second largest bank collapse in u.s. history, and how it happened in just 48 hours. announcer: live from cnn center, this is cnn newsroom with kim brunhuber. another atmospheric river has been pouring massive amounts of rain and snow on california, at least two people have died in powerful storms battering the state. and the weather prediction center put parts of california in the highest warning level possible for excessive rainfall with the worst of it out along the california central coast. officials issued warnings for 10,000 residents, including these folks, who say the rain is unprecedented. go up there check on the scene in case they need
good morning and welcome to cnn this morning. i m paula reid in for am ara wa walker. and i m boris sanchez. thank you to paula for filling in for amara. i know these hours are not really easy to work, but we re grateful for you being here. and paula, stop me if you ve ever heard of an atmospheric river before. are you familiar with those? i m absolutely not. i had to look it up this morning so i could understand all these incredible stories we re watching this morning. how do you live like this. california soaked by another round of storms. those atmospheric rivers are washing out roads, collapsing bridges and prompting evacuations. the latest on the damage and where the severe weather is headed next. i don t know how we ll do our payroll now. a stunning collapse, silicon valley bank folding marking the second largest bank failure in u.s. history leaving some business owners scrambling to figure out how they will pay their employees. and former president trum