regulators seize control of first republic bank, selling its assets to jpmorgan chase. what does it mean for your money? a mundt under way in texas. hundreds of police officers are searching for a gunman accused of killing five people, including a 9-year-old boy. the latest on the search ahead. fleeing sudan. thousands are l leaving. we re live where a u.s. ship carrying american evacuees has just docked. we re following these developing stories and more coming in to cnn news central. overnight, regulatorings seizing control of first republic bank and its $230 billion worth of assets. jpmorgan stepping in as a buyer and assuming responsibility. we re less than 30 minutes before the opening bell. we want to see how wall street reacts, futures down but only a little bit. wall street seems to be taking this in stride. this is the second largest bank failure in u.s. history, the largest since the 2008 financial crisis and the third u.s. bank to fail since march. cnn chie
Responsible for drawing their own political maps when it comes to redistricting. in her scathing dissent, justice anita earl, who was once a voting rights attorney herself, noted this is not how democracy should function saying that it basically allows republicans in power to draw maps so that they can stay in power regardless of the peoples will. she added that the court shows that its own wheel is more powerful than the voices of the north carolina voters. look, north carolina s congressional map is currently split seven and seven. that is likely going to change. something that on a national level, democrats are concerned about. on a state level, looking at legislative maps, there was concern there as well. sarah, this has got a lot of fallout still to go. it could be very significant in the upcoming years. diane gallagher, thank you so much. kate? another major political story that we are tracking. the chairwoman of the republican national committee, rhonda mcdaniels, is now
As North Carolina's highest court rehears cases on voter ID and gerrymandering that it decided just last year, a Democratic justice brings her personal and professional lives to bear.