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any moment now, president biden will address the nation from that podium right there amid concerning questions about potential contagion in the u.s. banking sector. what does that mean for your money? a very good monday morning to you. i'm jim sciutto. >> and i'm erica hill. president biden expected to try to calm fears in a matter of moments when he does make his way to that podium, this amid the failure of two u.s. banks. we're talking about silicon valley bank, which you've heard a lot of this weekend, as well as signature bank. the biden administration is taking emergency action ...

saturation event. legal jeopardy? former president trump stumped in iowa with his former victor set to talk to prosecutors about their hush money investigation. plus roman catholics mark a milestone. >> it's been ten historic years since francis became pope. and later, they are on the frontline in ukraine's fight to preserve its culture. why the show goes on, despite russia's war. >> why is it so important to step in? >> translator: we want the world to see that ukraine also has its own incredible culture. >> announcer: this is the cbs weekend news from new york with gent dunca...

live in the cnn newsroom. we begin with a series of deadly storms have unleashed a massive flooding across the central and northern portions of the state. mandatory evacuations are underway where a levy breached earlier this morning. california national guard says this is just one of more than 50 rescues near the breached levee off the river. the 10th to strike california this winter. we are joined from monterey county. give us the latest.>> reporter: we learned a couple minutes ago there are more than 90 rescues in this tiny town, which is incredible just to see how concentrated the...

interviews with the powerful and famous. she busted through the glass ceiling as a journalist at a time when men dominated the tv news business. tonight the tributes pouring in from her abc news colleagues and beyond. deborah roberts with a look at barbara's 50-year legacy as an extraordinary woman and journalist. we're tracking two new year's eve storms on both coasts tonight. in the northeast a rainy forecast for the big night. crowds in times square can expect to get drenched right up until midnight. and that major storm system in the west, bringing heavy snow and flooding rain....

Its like im being interrogated, guv. It wasnt me, ive got no comment to make, and id rather not be here. I met Chaz In London in 2007. I think my book came out that i had just done and chaz actually said that hed bought my book. I can remember i was like youre the first person i know that bought my book. I met his work before i met the man. Chaz is just a creative visual genius with what he does visually, making stuff like that and people who get to know me, i write, i talk, im a storyteller. I didnt want children to be me. I know it can sound silly but fundamentally that was it. The classroom...