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the united states and around the world, im christine romans. we begin with breaking news on whats now the second biggest bank failure in u.s. history. most of first republic bank is now being bought by jpmorgan chase in a deal arranged by the federal deposit insurance corporation. the fdic. cnns clare sebastian live in london for us. clare, this deal announced just a short time ago. all weekend, weve been waiting for word what would happen to first republic. we knew it couldnt continue...

Joining me is chris moony. thanks for being with us. >> good to be with you. >> what does the pruitt nomination say about the future of the epa? >> its a very controversial nomination. democrats have signaled that they want to fight it, and what it suggests is that this agency is going to really reverse itself greatly. its been under the obama administration its been really moving on many environmental priorities, including climate change, most of all, and in pruitt you have somebody who has bee...

Where is he was able to spread money around and use it like a politician would, like hes done as governor. i just quickly add one thing on norcross. the amazing thing about not prosecuting george norcross in 2006, you can see the roots of everything planted right then. in 2009 always rumors in new jersey that norcross machine kind of went to sleep on jon corzine, the democrat, the northward democratic machine went to sleep, union city went to sleep, these democratic machines went to sleep oncor ...