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emergency after a devastating outbreak of tornadoes ripping through the south. at least 23 people are confirmed dead in mississippi and another person was killed in alabama. dozens more are injured and at least four others are still missing. at this hour. many of the deaths happening in the town of rolling fork, mississippi. neighborhoods there were leveled the mayor sharing this bleak assessment of the damage on cnn this morning. when daylight comes, you can get a more visual of what happened last night. it was dark. we're using flashlights. so now i can see what i didn't see earlie...

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 ...

the federal government is now stepping in to calm financial panic over the failure of two u.s. banks. >> the biden administration announcing it will extend a federal backstop to all the banks deposits. >> treasury officials push back on the idea this was a bailout saying the burden is not borne by the taxpayers. >> we'll hear from president biden moments from now. >> water everywhere, causing chaos across central california. >> warnings of intense sustained flooding in the days ahead. >> it's unimaginable. >> folks, we are not done yet. >> former vice president mike pence telling a c...

chief meteorologist rick reichmuth. rick: good morning, the town of rolling fork has about 1,750 people so imagine a small town like that everybody knows everybody, and now you're going to have everybody who knows somebody if you weren't yourself impacted by the storm. it's going to be a really rough day for people as the sun comes up just exactly one hour from now. this year has been a really active tornado season. we've had 282 tornadoes. typically so far in the season we would have 174 tornadoes, and you get a look at that. this is just your statistical averages. march right there...

i'm okay with it. sorry see you in a week. good morning. you're going caitlin's gone back monday . welcome to cnn this morning. we're glad you're with us on this friday. caitlin is off. let's get started with five things to know for this friday, march 24th overnight, significant breaking news the us launching strikes in syria. after an american contractor was killed in a drone attack. there are five other u. s. service members wounded. the pentagon suspects it wasn't iranian affiliated drone. developing news soon a top attorney, though for donald trump said testified today before the...