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evacuation orders in california as excessive rainfall leads to raging flood waters. the fresno county sheriff joins me in a few minutes. new legal woes for donald trump, the former u.s. president is considering whether to testify before a grand jury about his alleged role in a hush money scheme. a look at what's behind the second largest bank collapse in u.s. history, and how it happened in just 48 hours. >> announcer: live from cnn center, this is "cnn newsroom" with kim brunhuber. >> another atmospheric river has been pouring massive amounts of rain and snow on california, at l...

will: -- is a rode -- rodeo bull, and he is not exactly smiling this morning. pete: he's looking at you. will: that is head down, dirt scratching, slobbering bull right there. can you imagine, pete? i don't even want to get closer -- pete: no. wait, will, will, will, there's a gate between you and that guy. just walk a little closer, you know, he can't go through the gate, he can't jump, right? rachel: it's your yellowstone moment. come on, will. [laughter] will: you guys sitting on a couch in new york city. let me tell you, i'm surrounded by non-smiling faces that work at the rodeo....

consequences for workers >> access to the cash to b built to now piñera employee to actually cover the expenses we got, the thing i am mostl worried about. >> the news coming even as president biden and the countr get good news on the economy a a whole. >> we created more jobs in the two years and an administration that created th first four years and i think all of thi matters. it is no accident. it means our economic plans ar working and now the bigges threat to our recovery is th reckless talk, the reckless to my maga friends. they are threatening to fall o the national debt. in ...

storms threatening the west coast. 17 million people across california and nevada are under flood watches. the storm is known as an atmospheric river, basically a fire hose of water. the big concern, flooding from rising rivers and melting snowpack. the ground is already saturated from weeks of heavy rainfall. >> look at oakland. parts of the interstate shut down because of flooding. east of oakland, the roof of a dollar store collapsed from the wait of the rain on top of the snow still there from earlier storms. the store said to be a total loss. the good news, no one was hurt. evac...

what happened? >> erica, this happened so fast. it's stunning. silicon valley bank shut down by california regulators after the stock crashed by 60% yesterday after the bank said it needed to rapidly raise cash. this is easily the biggest bank failure since washington mutual fell apart in 2008 during the financial crisis. silicon valley bank, if you haven't heard of it, it is a major lender to tech start-ups. the fdic says that depositors that have $250,000 or less, they are insured here. they will get their money. they will get access to their money as soon as monday morning. but we...