suze orman is out front with answers. just in, the moment a ukrainian soldier takes down a russian jet as we re learning new details about russia training elementary schoolchildren to fight. georgia has another reporting of trump pressuring another official to overturn the election and it comes as trump s former fixer michael cohen testifies before a grand jury in new york. trump s attorney is my guest tonight. let s go out front. good evening. i m erin burnett. out front tonight, fear going global. worry of banking collapses spreading beyond the united states with mega bank credit suisse shares plummeting and a quarter of the value gone in a day and saying it s ready to bail out credit suisse with more funds in necessary and that fear ricochetting back to wall street and the dow down 700 points at one point closed down 300. shares of banks taking another brutal blow. take the regional bank first republic, it lost 20% of its value today. it is a widely respected bank by peo
new york as a criminal defendant facing 34 felony charges in connection with an alleged scheme to cover up extra marital encounters, one with a porn star , one with a former playboy playmate of the year. we ran the comments from district attorney alvin bragg earlier, so too, will we bring trump to you and jake, whichever donald trump shows up whether he s angry to find defensive, mocking or all of the above, it will be a far different donald trump. from the one earlier today on the 15th floor, the manhattan criminal court building with no one holding the door for him on the way into his arraignment, or the donald trump, who sat stone faced at the defense table for the first what could be many such appearances to come. we don t yet know what the former president makes of this. we could learn shortly, and as we wait for him to speak, we have, as only cnn can a team of correspondents. legal and political analysts help make sense of what happened today and what happens next. let
good to be with you, i m katy tur. first it was the leaked memo from an air force general, warning his officers to prepare for a hot war with china in 2025. then it was news the u.s. is expanding its military presence in southeast asia, adding four more bases in the philippines on the doorstep of china. and now, the pentagon is faced with a chinese spy balloon first spotted over montana, which, by the way is home to one of the united states three nuclear silo fields. just a moment ago in a series of questions from reporters, brigadier general patrick ryder confirmed the balloon is not just drifting, that china is in control of it. the balloon is maneuverable. clearly it s violated u.s. airspace, and again, we ve communicated that fact to the prc. the fact is we know that it s a surveillance balloon. and i m not going to be able to be more specific than that. and we do know that the balloon has violated international airspace and international law which is unacceptable. we
top of the hour now on cnn newsroom. i m john berman. this morning president biden reassuring americans that the u.s. banking system remains safe. this despite the failure of two significant banks within 48 hours. silicon valley bank and signature bank have now been taken over by federal regulators. all customers who had deposits in these banks can rest assured. rest assured they ll be protected and they ll have access to their money as of today. that includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for business. no losses this is an important point. no losses will be borne by the taxpayers. the president emphasized the customers will be fully protected while the bank s managers and investors will be held accountable. he also outlined the emergency measures his administration took to protect the bank s customers. cnn s priscilla alvarez is with us. look, a lot of this is trying to ease the anxiety
answer so, let s get started. we re hearing from the manhattan district attorne himself, regarding the possibl criminal charges for forme president donald trump how soon will we see i indictment more importantly, let s surviv a trump challenged in court? former vice president, mik pence, speaking out against hi former boss. i want to know, what is causin pence to suddenly develop spine about the events o january 6th? and later, it is oscars day, a the excitement builds, i wil talk to the screenwriter for a turning red, which has bee nominated for an oscar for bes animated feature film. all of that and more is coming up and a good sunday morning to all. i hope we remember to like you clocks ahead one hour fo daylight savings we re gonna start today s show with a widening rift between former president donald trum and his vice president in a speech last night, mike pence harshly criticize trump role in the january 6t insurrection, as well as trump s attempts to overturn that 20