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ahead of the trading day on wall street, the u.s. government steps in to protect a failed bank, promising depositors they won t lose a penny. one film won everything, everywhere, all at once on this year s oscar awards. already-flooded parts of california bracing for yet another powerful storm. this is cnn newsroom with rosemary church. thanks for joining us. we begin in the united states where the biden administration is stepping in to contain the fallout from the sudden collapse of silicon valley bank. authorities say customers will have access to all their money starting monday morning. the president also promised to hold those responsible for the bank s failure fully accountable. he will speak about the issue in the coming hours. regulators also shot down another regional institution, signature bank, fearing it was also on the brink of collapse. cnn s arlette saenz has more. reporter: the biden administration took extraordinary steps sunday to ensure t ....
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