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you re live in the cnn newsroom. i m jim acosta in new york. much of california is under a state of emergency this afternoon, and mandatory evacuations are under way in parts of monterrey county on the central coast. a short time ago we received drone video of a levee that failed this morning. as you can see, the waters rushed through the breach and into a nearby neighborhood. the floodwaters have washed away roads and bridges and cut off some communities in the area. this is new video. we also have coming in from springville, where many have lost their homes and belongings in that area. california s reeling from its tenth atmospheric river of the winter in the central and northern parts of the state. it s dumping huge amounts of rain and snow on the ground that is already saturated. cnn s mike valerio joins us. you spoke to a county supervisor a short time ago there. what have you learned? reporter: well, he told us, jim, that there are hundreds of people now in sh ....
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we report with breaking news i california and the deadl weather situation unfoldin there. another atmospheric river is slamming the state, bringing millions under flood alerts. several roads washed away, communities cut off an evacuations ordered. that threat is not over, mor rain is expected this weeken and northern california, eve more snow in fact in the sierra s let s go to nbc steve patterson, he is joining us from sanger california that is in the central part of the state. steve, welcome and what it s like there yes the central part of the state is taken a lot of this water, take a look at this community here one of the communities tha really sort of dodged a bullet here alex, take a look here th river running through rushin water, all of this though was part of that river yesterday this entire communit waterlogged water coming ove this bridge. we just saw workers plot a massive log from the strea here it was clogging things up and they worked to shore thi up bu ....
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that hearing is young way right now in texas. the house homeland security committee is holding a hearing on protecting the southern border. democrats were supposed to be there before they backed out suddenly earlier this week. the hearing comes after more than 1,000 migrants rushed across the texas bridge and smugglers are going to new depths to hide things in plants even as they try to evade the border. we ll have the latest from the border coming up. sandra: from the hearing as well. we begin with this fox news alert as the stock market right now in the u.s. has fallen to its lows of the session over growing fears on whether the president can meet the moment to protect the u.s. economy. big questions are looming at this hour. we will dig into it. hello and welcome, everyone. i m sandra smith in new york. john, good to be you. john: always something. john roberts in washington. this is america reports. credit suisse their shares heading to an all time low, trad ....