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in for harris today on the faulkner focus. john roberts writing in the majority opinion, this court has never drawn the line the secretary suggests and for good reason. among congress s most important authorities is its control of the purse. justice kagan with dissent writing the majority overrides the combined judgment of the legislative and executive branches with the consequence of eliminating loan forgiveness for 43 million americans. i respectfully dissent from that decision. white house says we ll hear from the president directly on this ruling later today. in the meantime let s bring in shannon bream, fox news chief legal correspondent. a lot of political back and forthing now in washington responding to this decision but at the end of the day as you pointed out last hour, the court was not ruling on whether this was a good policy or fair policy. the court was ruling on whether the president had the constitutional authority to issue this directive in the first ....
. . . . you were in the cnn newsroom paula read in washington, jim acosta is off. we begin with the latest emergency act aimed at a time global banking crisis, switzerland ubs is buying the rival credit suisse after the bank lost 25% of value the past week as major depositors fled in droves. even as an emergency loan from the swiss national bank failed to shore up confidence. that bank says the take-over of ubs should, quote, secure financial stability and protect the swiss economy. joining us is cnn economics and political commentator catherine, first i want to go cnn anna stewart. put this in perspective, how big of an announcement is this. this was for the time one of the biggest banks in the world and definitely a major bank in europe. being in the midst of a huge set of restructure the last couple of years, it was already under pressure and you ve seen the pressures on the banking sector with silicon valley bank, you can say it was a weak link started to d ....
predawn hours when most people were at home asleep in their beds. rescue crews are now scouring the region looking for victims trapped under tons of rubble that were once homes and businesses. the civil defense, meantime, is urging people to evacuate buildings and together in open areas as aftershocks continued to pose a deadly threat. the quake was felt as far away as cairo, egypt, and at one point a tsunami warning had been posted for italy. that warning has since been lifted. turkey by the way, is no stranger to powerful earthquakes. it sits on top of a major of several major fault lines. 18,000 people were killed back in 1999 when a series of quakes hit northwest turkey. we ll continue to monitor this developing story throughout the morning, an, and marianne rafferty we now return to our scheduled programming already in progress from that type of committee targeting women of color will ask our sunday panel about the political battle over who gets a seat at the table ....
americans. the secretary of state is putting off a trip to beijing meant to reset relations lawmakers demand more details on the pentagon knows. will ring at senator tom caught a member of the senate intelligence committee. then. these critics are wrong our plan is working. shannon: and drop support win for president by the head of the state of the address. but recession concerns remain. of inflation, no matter how many new jobs are created. we will discuss with white house economic advisor jared bernstein. and. light leadership invoice will not be diminished. republicans vote to remove congresswoman omar from the foreign affairs committee passing her site comments on terrorism in israel. individuals who hold such hateful views should be barred from that committee. practices targeting women of color preference will ask our sunday panel about the political battle of who gets a seat at the table. plus. the beloved hostess who has been a source of support for thousan ....