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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 atten...

congress and trying to restore confidence. and cut ties with china or be banned. that is what we are watching this hour. thank you for being here. i'm kate bolduan, and first to capitol hill where secretary treasury janet yellen is trying to assure the american people and the senate that the monetary system is sound. and they may get to the president's budget, but in light of that, her appearance there is taking on new appearance, because she is the first biden administration official to appear before the senate, and this is after the global financial markets have been rattled by a...

politics." i'm john king in washington. thank you for sharing your day with us. a high altitude picture of the mud air encounterer between a drone and russian fighter jets. the classified video shows moscow putting the drone in its cross hairs, ignite ing a cloudf jet fuel and buzzing the drone twice. plus our banking system remains strong. the treasury secretary tries to calm nerves. she's on capitol hill today assuring americans your money is safe. and today the senate barrels toward a vote on undoing the force against iraq. it happens two decades after the run up of shock and aw...

>> we begin with a wide-ranging attempt to restore americans' confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. >> our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week's actions demonstrate our resolute commit to ensure that our financial system remains strong. >> yellen also said that no taxpayer money is b...

shoulders of law enforcement on the front line. that includes texas dps and u.s. border patrol. today, the head of border patrol told lawmakers the united states have lost control of its own border. >> does dhs have operational control of our entire border? >> no, sir. >> that's border patrol chief raol ortiz, ortiz disputed homeland security myorkas who previously said our border is under control. >> do we have our border under control? >> yes, we do. >> chief ortiz testified there is been a staggering 385,000 known got aways at the border pushing the total to 1.4 million gotaways. ...