thanks to the quick action of my administration over the past few days americans can have confidence that the banking system is safe. your deposits will be there when you need them. small businesses across the country that have deposit accounts at these banks can breathe easier knowing they will be able to pay their workers and pay their bills. and their hard working employees can breathe easier as well. last week when we learned of the problems at the banks and the impact they could have on jobs and small businesses and the banking system overall, i instructed my team to act quickly to protect these interests. they ve done that. on friday, the government regulator in charge, the fdic, took control of silicon valley bank s assets and over the weekend took control of signature bank s assets. treasury secretary yellen and the team of banking regulators have taken action. junior doctors in england begin three days of strike action in their dispute over pay and conditions. the
the biden administration approves a controversial oil drilling project in alaska despite fierce opposition from environmentalists no losses will be borne by the taxpayers. the money would come from the fees the bank pays in the deposit insurance fund. junior doctors in england begin three days of strike action in their dispute over pay and conditions and at the academy awards, one film wins almost everything all at once, including best actress the uk s prime minister rishi sunak says china represents a challenge to world order, as it has fundamentally different values. the remark has come ahead of major talks on a defence agreemtment between the us, uk and australia, due to get under way in san diego shortly. here are pictures of president biden that move is seen as an attempt to counter chinese military power in the indo pacfic region. the discussions come as the uk also way in san diego shortly. here are pictures of president biden leaving andrews airbase for those
just ahead on cnn newsroom what we re living in today is a very traditional run. making sure people can make payrolls and making sure depositors can taken care of. is that what you want for families and jobs? cnn meteorologists predicting more for california, unleashing heavy rain and snow once again. from london, this is cnn newsroom, with max foster and bianca nobilo. it is monday, march the 13th. 8 4:00 amy in washington, d.c., and president biden is promising all customers will have access to their money starting today. mr. biden also promising to hold the banks fully accountable. here in america, hsbc has announced buying the treasury bank. and janet yell assured americans they will make sure this doesn t happen to another bank. we want to make sure that the shortfalls that exist in one bank don t create contagion to others that are sound. and the goal always of supervision and regulation is to make sure that contagion can t can t occur. now,
the chancellor promises a back to work budget. labour says the government s following its lead. and the oscars almost here. i would say i was and the oscars almost here. i would say i was live and the oscars almost here. i would say i was live from the red carpet, but for say i was live from the red carpet, but for the say i was live from the red carpet, but for the first time in history, he doesn t but for the first time in history, he doesn t read. officially, it is champagne. to me it looks beige. good morning. england have suffered - their heaviest home defeat in history. france producing a ruthless display to score seven - tries at twickenham in the six nations, i winning 53 points to 10. and in whether it will be milder for most and in whether it will be milder for most of and in whether it will be milder for most of you and in whether it will be milder for most of you over the next few days but with most of you over the next few days but with rain at t
hello and welcome to the programme. we start in new zealand where, in the last couple of hours, chris hipkins has been sworn in as the country s new prime minister, after the shock resignation of jacinda ardern last week, who said she didn t have enough in the tank to continue in the job. mr hipkins was sworn in at government house in wellington, alongside carmel sepuloni, who becomes the country s first pasifika deputy prime minister. mr hipkins labour party will face a general election in october. 0ur correspondent, phil mercer, has more on this. this will be a big year for chris hipkins and his reshaped government. we are expecting a cabinet reshuffle in the next week or so and also a policy reset. the new prime minister says that inflation will be his key concern in the months leading up to that election on october leading up to that election on 0ctober1li, laterthis leading up to that election on 0ctober1li, later this year. cost of living pressures have been enormous i