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unfolding in the banking sector has boosted the odds of a recession in the u.s. within the next year. but treasury secretary janet yellen is about to wrap up her senate testimony and she argued the fallout has been contained. i can reassure the members of the committee that 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 commitment to ensure that our financial system remains strong and that depositors savings remain safe. now, the market seemed skeptical until they got word that chase and morgan stanley are considering rescuing the struggling first republic bank. regional bank stocks are mixed, which is actually a major improvement from earlier today. elsewhere in the economy some promising new data on jobs and mortgage rates. we have cnn s matt egan, who s here once again to help make heads or tails of all of this for us. okay, matt, let s start he ....
Actually collided with the drone on this pass here. you can see the camera feed going down. and when the video resumes you can see damage to one of the drone s propellers. there you see it on the upper right-hand side of your screen. that led operators to bring this drone down in international waters. cnn s oern liebermann is at the pentagon for us. oren, what more are u.s. officials saying about this encounter? brianna, from the very beginning we ve heard u.s. officials from the pentagon and the white house say this was an aggressive action by the russians and by those fighter pilots. you know see how aggressive and how clear it is from the video that this was intentional, the maneuvers around, the approaches, the intercepts, all done in addition to the dumping of the jet fuel. and we ve also heard from two officials familiar with the intelligence that the orders to carry out such aggressive intercepts, to disrupt, to disturb the operations of the surveillance drone over the black s ....