Capitol hill is trying to get to the bottom of the bank collapses that shocked the financial system last month, and today lawmakers grilled banking regulators about why they weren't able to stop the crisis. Cheddar News correspondent Lisa Bennatan broke down the proceedings.
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Need2Know: January 18, 2023
A chopper crash killed top Ukrainian lawmakers, Arizona fight over water, and the TSA found a record number of firearms last year. Here is everything you Need2Know for Wednesday, January 18, 2023.
Kyiv Helicopter Crash Kills 18, Top Ukraine Officials Dead
A helicopter crash in a Kyiv suburb Wednesday killed 18 people, including Ukraine’s interior minister and three children, Ukrainian authorities said.
At Davos, UN Chief Warns the World Is In a 'Sorry State'
The world is in a “sorry state" because of myriad “interlinked” challenges including climate change and Russia's war in Ukraine that are “piling up like cars in a chain reaction crash,” the U.N. chief said at the World Economic Forum's meeting Wednesday.
EU Outlines Plan at Davos for Clean Tech Future Boosted by Subsidies
European Commission President Ursula von der Leyen presented the outlines for her “Green Deal Industrial Plan” at the World Economic Forum at Davos.
China Records 1st Population Fall in Decades as Births Drop
For the first time in decades, China has fewer people than it did at the start of last year, according to official figures released Tuesday.
Election-Denying Candidate Arrested Over Shootings at Lawmakers' Homes
Solomon Pena was arrested in connection with a recent series of drive-by shootings targeting Democratic lawmakers in New Mexico.
House GOP Demands Biden Visitor Logs for Classified Docs Probe
The request comes after the White House's weekend disclosure that more classified records were found at the president's Delaware residence.
Global Slowdown, War, Climate Change on Tap at Davos
The winter meetup of CEOs and heads of state is the first since 2020.
U.S. Projecting to Hit Debt Ceiling Next Week
The U.S. Treasury notified Congress that the debt ceiling could hit next week.
