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training and signs he might have been motivated by right wing extremism. we re also tracking the situation on both sides of the southern border as officials race for the expiration of title 42. what the end of the trump era policy means for the expected surge of migration. also tonight, e. jean carroll s civil rape trial is nearing an end. the jury expected to begin deliberations tomorrow after attorneys from both sides just wrapped up their closing arguments. welcome to our viewers here in united states and around the world. i m wolf blitzer and you re in the situation room. we begin with allen, texas, where we re learning new information about the gun man who shot and killed eight people. heartbreaking details are coming in about the victims. ed lavandera is joining us from the scene of the massacre. give us the latest. cnn has been able to review posts made by the gunman on a russian social media website that shows some rather disturbing information which inclu ....
what happened? erica, this happened so fast. it s stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven t heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we know that some people, some entities, some start-ups, they have more than $250,000, and it s less clear what s going to happen to them. how did this happen? well, when the fed spikes interest rates, things tend to break. we know that the fed rate hikes have hurt the valuation of the tech companies that this bank catered to, also has hurt the value of the bonds that banks rely on to get cash. ....
united states and around the world. i m christine romans. house republicans say they have done their part to avert a national and global financial crisis by passing a bill to lift the debt ceiling. yeas are 217 and nays 215. the bill is passed. the republicans hope the bill they pass odd wednesday to include the deep federal spending cuts they want. speaker kevin mccarthy addressed mr. biden directly in remarks a short time later. you said at the very beginning we had to show you a plan even though the democrats have shown no plan. not only did we show you a plan we are the only ones to pass a plan, so i think it s up to you now whether the economy goes in any trouble, it s you. because the republicans raised the debt limit and you have not. cnn s phil mattingly reports on the prospect for republicans to get what they want. reporter: for weeks, house republican speaker kevin mccarthy made clear he knew the legislation republicans were trying to get through t ....
hi there, everyone. it s 4:00 in new york. two years and two months after what the fbi describes as an act of domestic terrorism, and acts of violence, vice president mike pence and his family ran for their lives. fox news laura ingraham warned mark meadows that the events on january 6, quote, will ruin our legacy, a revision of history as those republicans described it under way. it s not enough to significant more what kevin mccarthy and tucker carlson are doing out of fear of amplifying their idiocy and radicalism. the truth is they don t care what we do. but we seek the clear and cold facts how republicans viewed january 6. i remember the day as a low point. i think it s inexcusable. completely 100% inexcusable. i don t care the motivation. it was a very disturbing day yesterday. i had a lot of anger as my colleagues that the capitol got overrun. these are anarchists and terrorists. steve, right, steve? we all know this is what happened after the truth bubble ....