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west and winter storms out east. and now, rite aid and how the drugstore is being accused of fueling the opioid epidemic. this is what we are watchingt that hour. thank you for being here, i'm kate bolduan, and we are beginning with the turmoil, the fallout, and the wild ride that has already been this week since the abrupt collapse of silicon valley bank. and the federal reserve is looking at the oversight of the bank and what went wrong and who missed what. the regional banks are bounce back after confidence of the institutions were shaken yesterday. this is how the stocks are ...

i'm bianna golodryga, welcome to "cnn newsroom." >> i'm john berman. we begin with breaking news. a russian fighter jet has forced down a u.s. drone over the black sea. the u.s. air force says the jet damaged the propeller of an mq-9 reaper drone. >> the aircrafts were operating over international waters when one of the jets intentionally flew in front of the drone and began dumping fuel. the white house says president biden has been briefed on the situation. cnn's oren liebermann is at the pentagon. we also have mark kimmitt. what are you learning? >> this played out early this morn...

that. in terms of where it was flying, it was well-clear of any territory in ukraine. it was international airspace over international water. thank you. nancy? >> thank you. during secretary austin's visit to egypt he held meetings with officials even though all press were banned from covering it. past defense chiefs when they've been in similar situation have refused to proceed. given the biden administration has said one of its key pillars in terms of foreign policy is when presented between a choice of autocrats and democracies that it stands with democracies. can you help us unde...

narrowly leading ron desantis ahead of the 2024 primary showdown. the early race heating up right now, as trump escalates his attacks on desantis and other potential opponents. welcome to our viewers here in the united states and around the world. i'm wolf blitzer. you're in "the situation room." let's get right to the very dramatic developments over the black sea today. a russian fighter jet forcing down a u.s. drone during an incident the u.s. air force is calling reckless and unprofessional. cnn pentagon correspondent oren lieberman is joining us. how did this up fold and how ar...

kev kev quite a date here in the nation's capitol. good evening, trace. breaking tonight, investors in silicon valley bank have already taken legal action to recoup their losses after, of course, the bank collapsed on friday despite the class-action lawsuit and a volatile day on wall street. as you pointed out, the president wants americans to believe our financial institutions are, in fact, secure, while also being careful to not use the banking "b" word. bail out. no losses will be born by the taxpayers. instead, the money will come from the fees that banks pay into the deposit ins...