joining us here in the united states and all around the world. you are watching cnn newsroom, and i m rosemary church. just ahead, we are following two tragedies out of texas. new details on the man who opened fire at an outdoor mall in the city of allen, killing eight people. his possible ties to right-wing extremism. in brownsville, investigators are trying to determine why the driver of a car crashed into a group of people outside a migrant shelter, killing at least eight. and a covid-era immigration rule expires this week. we will talk to a priest in el paso, texas, whose church shelters dozens of migrants. thanks for joining us. residents of allen, texas, have been mourning the eight people killed in saturday s mass shooting. officials, first responders, and other members of the community gathered at this vigil on sunday to remember the victims. the mayor-elect delivered an emotional speech calling for prayers to help heal the city. we re going to need prayer. so pleas
the united states and around the world, i m christine romans. we begin with breaking news on what s now the second biggest bank failure in u.s. history. most of first republic bank is now being bought by jpmorgan chase in a deal arranged by the federal deposit insurance corporation. the fdic. cnn s clare sebastian live in london for us. clare, this deal announced just a short time ago. all weekend, we ve been waiting for word what would happen to first republic. we knew it couldn t continue as a concern here. fdic would have to step in. and you went to bed thinkiing first republic is your bank, it s now jpmorgan chase, right? yeah, christine, all 84 branches of first republic will reopen this morning as branches of jpmorgan. this is different than silicon valley bank which was taken by regulators and stayed there for more than two weeks. this happenmuch more quickly over the weekend with that auction held on sunday. several banks bid it. it seems they reached that deal with
message from democratic leaders to allies, stop piling on the vice president if they want the party to win next year. plus thank you to the academy. this is history in the making. actress michelle yeoh capping a night of triumph for everything everywhere all at once. big win there. see who else won the biggest awards of the night, ahead. all right, welcome to our viewers in the united states and around the world. i m rowchristine romans. just hours from now, president bide will be speak to the nation about his administration s plan to cool with the failure of two, two banking, silicon valley bank and signature bank, two commercial banks with more than $200 billion in total deposits. tvb a major startup of tech startups. federal officials are desperate to prevent contagion leading to runs on other banks. so far, they ve promised everyone with deposits in those two banks ininsured and uninsured will be able to get the money out and now with the bailout in the wa
More forces. meantime, preparations are under way in moscow for russia s annual victory day parade to mark the defeat of nazi germany. tuesday s event is typically used by president vladimir putin to show off his country s military might, but this year events are reportedly being scaled back and security heightened just days after russia alleged a drone attack on the kremlin. in comments made just a short time ago, ukrainian president volodymyr zelenskyy compared vladimir putin s russia to hitler s nazi germany. he said he is submitting a bill to his parliament to change ukraine s official victory day celebration to may 8th. clare sebastian live in london, what more can you tell us? reporter: very significant to hear that some regions are scaling back their efforts to
Forward from this year, they ll celebrate on may the 8th, may 9th will be a day of europe and ukraine to commemorate their alliance and the support of europe in this war against russia. so that is an important development, and it really just shows the landscape around victory day has changed in russia. clare, we know that ukraine continues to ask for weapons from its western allies as it prepares for this counteroffensive. what do we know about russia s weapons depsupplies? reporter: on the ukrainian side they re getting a lot of western modern wepds. they say they ve received 98% of the armored vehicles and tanks they ve been requested and been promised by their western allies rewe also know ukraine has claim the a patriot battery that it has been supplied with by the west has shot down a russian hypersonic missile. it seems to be the first time that that has happened, if that s true.