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hello, everyone. collapse and recovery. the white house steps in after two banks collapse. at this hour, families are forced from their homes after a levee breaches and more rain on the way. and also, three women who have not been heard from in more than two weeks. and thank you for joining us, i'm kate bolduan. the president is trying to reassure the american people and the financial markets to avoid a full blown financial crisis after the collapse of silicon valley bank. regulators are also abruptly shutting down a bank in new york, signature bank which is on the verge of collaps...

of trump's role in the january 6th insurrection. and a new flood emergency in california threatens millions of skorm battered residents as the east coast braces for a powerful storm packing heavy rain, strong winds and possible blizzard conditions. welcome to our viewers in the united states and around the world, i'm wolf blitzer. you're in "the situation room." tonight, the biden administration is scrambling to respond to two of the biggest bank failures in history creating new peril for the economy and president and a lot of americans are worried right now. here's cnn's chief white...

democracy stands. >> the president of the united states on an unprecedented and dangerous trip into ukraine as russia's invasion nears one year of barberism and bloodshed. >> this conversation brings us closer to victory. >> president biden's visit to kyiv, a rebuke of vladimir p putin. how far will the u.s. and allies go to defend a no, ma'amsy on the brink? and what will puten do next? >> russia's aim was to wipe ukraine off the map. putin's war of conquest is failing. >> we want to welcome our viewers here in the united states and around the world. i'm wolf blitzer, and this is a ...

next question at white house correspondent peter doocy is traveling with the president. good evening, peter. >> good evening, president biden helping to prevent a run on the banks by signaling to consumers that wealthy banking negatives are out of luck but every day folks with money in bank accounts can be guaranteed their money is safe. they are very careful to avoid using the b-word, bailout. >> see you in california. >> the plan to talk about training sailors to work out of a new joint nuclear sub base in australia to counter threats in the indo-pacific. >> these subs indo-pacific...

york grand jury about hush money payments to stormy daniels and whether there's an indictable offense there. "the new york times" says criminal charges are likely, and the star witness testifying before the grand jury for over three hours today. yes, it's someone you probably recognize if you follow the news, michael cohen, who was a loyal trump lawyer until he wasn't, who served hard time for a related offense in the federal courts this is a grand jury presentation that the grand jury could be reaching its conclusion cohen expected to come back for more testimony wednesday if you're...