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CNN CNN Newsroom July 6, 2024

unfolding in the banking sector has boosted the odds of a recession in the u.s. within the next year. but treasury secretary janet yellen is about to wrap up her senate testimony and she argued the fallout has been contained. i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong and that depositors savings remain safe. now, the market seemed skeptical until they got word that chase and morgan stanley are considering rescuing the struggling first republic bank. regional bank stocks are mixed, which is actually a major improvement from earlier today. elsewhere in the economy some promising new data on jobs and mortgage rates. we have cnn s matt egan, who s here once again to help make heads or tails of all of this for us. okay, matt, let s start he ....

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FOXNEWS Gutfeld July 6, 2024

but tickets are still available. that didn t land. florida has joined iowa, utah and arkansas to become the fourth state this year to pass universal school choice. it s such a big deal it got randi weingarten to finally wash her hair. today governor right side signed a bill disbanding the state s education account to all k 12 students regardless of race income background or even zip code. now that they have school choice, florida s parents biggest worry will be that their kids will be eat eaten by python. that wouldn t be a worry for me. so the good news is those funds could be used for anything from private school tuition, tutoring, textbooks, home schooling, online theory and, in florida, alligator rappelent. as proponents put it it if you understand students and not systems which force public schools to compete in something other than best drag queen. [cheers and applause] greg: yeah. yeah, man. the hell? florida is the sixth state nationwide to approve such option ....

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CNN CNN Newsroom July 6, 2024

we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. ....

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CNN CNN Newsroom July 6, 2024

and pentagon concerning the russian downing of a u.s. drone. new video shows when a pair of russian fighter jets approached the drone and brought it down. let s bring in oren liebermann and jeremy diamond. let s start with what the pentagon is saying about this new video. reporter: the video itself is pretty incredible. a close look at what happened early tuesday morning over the black sea. there are essentially two pieces to it. in the first one, a russian fighter jet makes a pass at a u.s. mq-9 reaper drone, dumping jet fuel. you see the drone itself is still operating. the propeller spinning, in the second clip of the video or the later part of the video, you see a russian fighter jet make another pass. you see the same dumping of jet fuel and this is where the russian jet collides with the u.s. drone, damaging its propeller and forcing it down. it s critical because this is what backs up the u.s. account of how this all played out over the course of 30 to 40 min ....

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CNN The Lead With Jake Tapper July 6, 2024

that damage. reporter: the newly declassified footage appears to directly concept rah dictate russia s claim that the aircraft did not make physical contact. there was no collision. the problem is that we didn t contact to this drone. the russians have been just flat out lying. flat out lying about their account. reporter: the u.s. has not yet determined whether the pilots intended to directly hit the drone, forcing the u.s. military to crash the drone into the black sea some 80 nautical miles from land. we know that the intercept was intentional. we know that the aggressive behavior was intentional. we also know it was very unprofessional and very unsafe. the actual contact of the fixed wing russian fighter with our uav, the physical contact of those two, not sure yet. reporter: but cnn is learning that the russian pilots did not go rogue. u.s. officials familiar with the intelligence say the pilots were ordered to harass the drone by senior officials in ru ....

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