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a very good thursday morning to you. i m jim sciutto. and i m erica hill. janet yellen is going to be on the hill where she is going to be talking about the budget, and there is going to be plenty of questions about the budget and she is going to need a calm tone where she tells americans that their deposits are safe. we will bring that to you live. and the moment when a russian jet collided with a american drone causing it to crash into the ocean. we will show you how. we rebbring you to the statf the u.s. economy now. matt egan is joining us, and everybody is paying attention to the secretary this morning and the words, and she is getting out ahead of this a little bit with the words telling americans to be calm and their money is safe. yes, this is a big moment for the treasury secretary and she knows that confidence is a fragile thing, and she knows that it has been shaken by the failures, and she wants the americans to know that the money in the bank is s ....
San francisco regional bank is down 10% this morning, and the western alliance, and a pac alliance and these are the significant losses and on top of what is significant losses and clearly concerns remain about those regional banks and credit suisse is up, and not that much when we had the national bank there swoop in with a $50 billion lifeline for credit suisse, and jpmorgan is out with a report this morning saying that they don t believe that the emergency support is enough, and credit suisse is still needing to be taken over, and others are scrambling to put out this fire. thank you, matt. and just hours ago, the eurozone hike was raised and the first decision since concerns ....