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we'll analyze his budget and then we'll get to work on our budget. but unfortunately with the president being so far delayed, delays others in the process. >> speaker kevin mccarthy doesn't have a budget proposal ready, and according to him it's president biden's fault. this comes as the president is breaking with tradition and hitting the road to unveil his spending plan. also ahead, the ceo of norfolk southern will be on capitol hill today to testify before a senate panel. we'll have a preview of that hearing. plus we're going to get a live update from ukraine following a strin...

hello, everyone. welcome to "cnn newsroom." >> and i'm john berman. victor is off this froop. and we begin with president biden's dramatic overnight move to dparnguarantee the money is e bank. this comes after the failure of two banks. today the president announced regulators are taking them over, but unlike what was seen in 2008 the u.s. will cover only bank customers not bank investors. >> all customers who had deposits in these banks can rest assured that we protect it, and they'll have access to their money as of today. that includes small businesses across the country that bank ...

no right to my testimony. >> that was mike pence last year talking about the january 6th committee which never sent him a subpoena, but now he is facing one this time from the special counsel investigating former president trump's role in the attack on the capitol. meanwhile on capitol hill the first hearing for the select committee on the weaponization of government goes pretty much exactly as you would expect with republicans hitting their usual list of grievances. and also ahead the state department releases new details about the chinese surveillance balloon. it comes as a pro...

joins us coming up. >> sandra: all right. first, a fox news alert to the economy. the numbers may not tell the full story. a new report shows the economy growing between july and september after falling two straight quarters as americans fight the worst inflation in 40 years ahead of an expensive winter heating season. hello. i am sandra smith, hi, john. >> john: that is putting it it mildly. john robert in washington. good to be with you. this is "america reports." the labor department says gdp grew, but experts warn the u.s. is not out of the woods yet and recession is a distinct p...

hello and welcome to our viewers joining us here in the united states and all around the world. i'm rosemary church. just ahead here on "cnn newsroom," air-raid sirens going off in kyiv this morning. civilians warned to seek shelter as russian drones target ukraine's capital. more never before seen video of the january 6th attack on the u.s. capitol. some candidates are already sowing doubt about the integritiy of the upcoming election. plus -- it's now been a month of tense often violent nationwide protests in iran, and now the iranian president is accusing the united states of in...