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government is stepping in to calm the failure two of u.s. banks. everyone that had money in sign silicon valley bank and signature bank will have money. the president is going to address the public about it. >> oscars, stealing the show, best picturor, best actress, best supporting actor and best supporting actress. also overnight, saber-rattling once against from north korea with a missile test launched from a submarine. the u.s. and south korea begin joint military exercises. >> you know this name. michael cohen. set to testify in a case that could lead to criminal charges against ...

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...

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 ...

top of the hour now on "cnn newsroom." i'm john berman. >> this morning president biden reassuring americans that the u.s. banking system remains safe. this despite the failure of two significant banks within 48 hours. silicon valley bank and signature bank have now been taken over by federal regulators. >> all customers who had deposits in these banks can rest assured. rest assured they'll be protected and they'll have access to their money as of today. that includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for busi...

clock to bring us ream time information on the ground. >> he is in kyiv, capital of ukraine, benjamin hall, what is going on.at's >> you have to look back at today say what we've seen aok bcontinuation. of whad set we have seen over last week. w haincreasing number of attacks on civilian areas. o inability to get humanitarian aid to the surrounded cities, for people to get out of them.citi >> just a few days later, march 14, hall was on a fact finding mission on outskirtsdi of ukraine witngh two other journalists, pierre and sasha, they were viciously attacked by russian forces, pier...