doesn't happen again. >> credit ratings firm moody's has officially downgraded its outlook for the banking industry. >> we have to make sure that people know if they put money in their bank and the deposit it it will be there in the morning for them. >> we didn't have snow all winter long. now we got the biggest storm of the year. >> an intense nor easter is bringing heavy snow, winds, and coastal flooding across the northeast. >> we're still dealing with widespread power outages. >> that's not too bad right now. we do expect that it's going to come back with a vengeance. >> ron desantis facing backlash after aligning himself with trump on ukraine. >> the florida governor saying while the u.s. has many vital national interests, there is a territorial dispute between ukraine and russia is not one of them. >> it's a misunderstanding of the situation to say this doesn't matter says that war crimes don't matter. >> we want all the stories. >> and one-on-one with the legendary coach k. >> one of the things that i've

le learned about you is how hard you are on yourself. >> sometimes there is nobody that holds the leader accountable. it was not always about winning and losing for me. it is about being worthy of winning. >> and good morning, everyone. we're covering a lot today. we begin with tensions on the rise after the pentagon says a russian fighter jet hit a u.s. spy drone and forced it to crash. two russian jets intercepted the drone over the black sea yesterday. u.s. says one of them dumped fuel on the drone and then collided with its propeller forcing the drone to go down. putin is about to make a public appearance in moscow. we're waiting to see if he weighs in on the incident. >> following the crash, russia's ambassador was summoned to the state department. he claims there is no collision and that drone crashed on its own. here's what the white house had to say about that to our very own jake tapper. >> well, it won't surprise you that we refute that the russian's denial.

i think anybody after a year now, jake, should take everything that the russians say about what they're doing in and around ukraine with a huge grain of salt. >> that was yesterday. now national security councilman john kirby will join us. we're expecting to hear from defense secretary lloyd austin at the pentagon in an hour. he meets with allies about the war in ukraine. let's bring in now our chief anchor and national security correspondent jim sciutto. good morning to you. how significant is this u.s. drone take down? what are u.s. drones doing in the black sea region? >> to the first question, we're a year in the biggest war in europe since world war ii with russia on one side, of course, invaded ukraine. the u.s. backing the other side. taking great pains to make sure that the u.s. and russian forces don't come in direct conflict. yesterday they did over the

black sea here. a u.s. drone. but you have a russian plane circling it, dumping fuel on it, eventually taking that u.s. aircraft down. that is the second time in a month, keep in mind, six, seven weeks or so, where one superpower has taken down another superpower's aircraft. you had the u.s. shooting down a chinese surveillance balloon after travelled over the u.s. and now russia taking down a u.s. surveillance aircraft. this is the world we're living in right now. and it's very dangerous. >> yeah. it is very dangerous. it raises a lot of questions also about the surveillance aircraft. they're flying around there. the pentagon is not saying where this one came from. clearly, they are out there monitoring grain deals, shipments, what's that's looki like. >> this is not just happening over the black sea, this is happening all over the world. you have u.s. surveillance aircraft flying all over china. you have usair craft here with the war in ukraine.

keep in mind though, you also have russia. it often flies its aircraft up here over alaska deliberately testing u.s. defenses. you see u.s. aircraft scramble in defense. those are multiple opportunities to have interactions like we had yesterday over the black sea. let's talk for a moment about what kinds of aircraft are flying. this is the reaper drone. this is the wreaper drone. it is unmanned surveillance vehicles. you have other ones flying all over the world. the global hawk, longer range one also unmanned. this he use this frequently around china. this is the other issues. a lot of the aircraft are not all drones. some are manned. this flies both in europe near russian airspace but also in asia near chinese airspace. that has a crew. i've been on one of those. the concern is that the next interaction is not between

chinese and russian aircraft and the usair craft that u.s. aircr. you had a chinese jet hitting a u.s. jet over an island. you had dangers u.s. crews. when crews are involved, that's when the danger of escalation gets worse. >> also this week you got chinese, iranian and russian forces, armsies and nafvies coming together for the drills. >> latest a series. china and russia are partners to many respects. you remember before the war in ukraine they announced this no limits partnership between russia and china. there have been limits to date at least. we do not believe the that china is arming russia in ukraine. a whole host of other ways they're supporting each other. iran as well. it's iranian drones coming in to

help russia. there is talk of russia helping iran with the missile program. that is an alliance allied against the u.s. and partners. again, that's the new world we're living in here. one where there is an enormous amount of concern about how that could escalate. >> jim sciutto, thank you very much, sir. moments from now, we're going to stick with the white house, john kirby, he's going to join us to talk about this and more. >> there is also a lot of new fallout over the sudden and stunning failure of silicon valley bank. yesterday we did see bank stocks rebound. market is broadly down ahead of the oep. here is lingering that the recent banking turmoil could affect the broader economy. the justice department and the securities and exchange commission now investigating the collapse of svb. the chief financial officers and others made there before the collapse. they also filed a class action lawsuit against the bank's parent company. democrats on capitol hill unveiled a new fwhaul bill that

restore and a bipartisan bill back in 2018. >> it's a complicated issue. it sparked frustration and a lot of questions. we tried to talk about a lot of those here. one law maker is trying to calm concerns that people had about this over the weekend. he went on tiktok and explained what he learned in this emergency congressional briefing that lawmakers had with treasury officials. democratic congressman jeff jackson had this to say. >> we caught it early enough so that taxpayers won't have to pay. we can pass the bill on to the banks. as long as this panic stops here. you can be angry at all of this so long as you know that your departments at your bank are protected because the full weight of the federal government has decided they will be. you need to hear. that you need to know that it's true. and you need to share that message so that we can make sure this becomes a political debate and not a financial crisis. >> thank you for joining us this morning. obviously, there are a lot of

questions about what congress is going to do here. do you think there should be congressional hearings? >> yes, i think there should be congressional hearings. there will be congressional hearings. i think the purpose of those congressional hearings will be twofold. first, an accountability phase. you referenced stock sales by the ceo in the weeks before the bank collapse. the second is going to be to inform the regulatory response. you mention the democrats had already filed a bill that was designed to reinstate some of the protections against this type of thing that were rolled back a few years ago. and i would be very surprised if that did not end up being a bipartisan effort at this point. we heard from other members that voted for it and said they're not so sure that actually would have made a difference here. >> i think what we're going to see over the next few weeks is going to make a difference.

i respect people who are going to give this a little time before they say what legislation they're going to support. more importantly if, we're going to have regional bank going forward and protect against this type of systemic risk and domino effect, you'll need these kinds of protections in place to give people confidence. >> listen, obviously something needed to be done to help in this situation. we had kevin o'leary on yesterday and others equating the administration's response to this as nationalizing the american banking system, fearing the taxpayer is going to really bear the burden here of backstopping the banks s that a potential consequence of this, you think? >> no. that's not even close to accurate. we let the bank fail.

all the leaders of the bank are out of a job. the stockholders were wiped out. the bond holders were wiped out. the people that we back stopped were the depositors. the only reason we backstopped the depositors is if we didn't it was looking like there was going to be a run on several other regional banks. and we back stopped the depositors with a fund that is funded by the banks. basically an insurance pool of funds. it has $100 billion in it. what we said is as long as this panic stops here, that fund will be more than enough to cover the backstop for the departmentors at these two banks. it is not at all a nationalization or a bailout of the banks. it's completely different from 2008. >> congressman, it's not just kevin o'leary. roger altman said this to kaitlan on the program yesterday. >> this is a breath taking step which effectively nationalizes or federalizes the deposit base

of the u.s. financial system. now, you can call it a bailout, you can call it something else. but it's really absolutely profound. >> it's profound in that basically what the federal government is saying here to all depositors at all banks now is we will will ensure whatever you put in the bank. i think the moral hazard, question becomes does that mean that people don't assess the riskiness of where thairo estrada put-- where they're putg their money. we saw after the markets saw, well, the government is here. >> well, it is true that it was a profound step. it was the government's stepping in. to be clear, it was in the cause of two specific banks. i think it's a real usistic discussion. are we going to change our

policy generally? i know m.iitt romney had questis about. that we have to decide how we're going to protect against systemic risks. there was a larger risk of a domino effect than we knew even a week ago. that is going to involve a serious conversation about is $250,000 the right threshold? that's what the federal government ensures right now for depositors. do we have to change that? >> it will be stunning if the federal government were to say to another bank on the brink of collapsing, we did this for svb and signature. we're not doing it for the depositors. that is the point. this indicates to everyone they're safe. >> the legislation to protect against too big to fail banks, right? he sat on the signature bank board. made $2.5 million in that capacity. and said that the government basically didn't need to fold signature bank. he said we were the ones they shot to encourage others to stay away from crypto. what do you think?

>> they were flashing red. in that moment, can you not risk a number of banks collapsing all at once. that's how a financial crisis begins. erring on the side of caution is what you have no choice but to do in that situation. you fail the bank, you backstop all the depositors and you stop the dominos right then and there. >> can i have you, congressman, before we let you go, respond to what we're hearing from some republicans on this saying that because svb was a woke bank, as people like james comer and other republicans saying that is part of why they failed? >> the investments they lost

money on had nothing to do with social justice. they had to deal with bonds. that's where they lost money and got into trouble. second, in a moment of -- woint say national crisis, but extreme national tension where the main concern is fear spreading, it really would help if our leaders were more serious in how they approached this and throwing out labels like woke just because they know that's going to ril up maybe 25% of the country. that can only hurt the situation. >> we didn't see on camera when he sighed and bowed his head when she asked that question. >> she said as much yesterday. the so thank you very much. >> thank you, congressman. appreciate it. >> tune in tonight. cnn prime time, 9:00 p.m. eastern. bank bust. what is next for america's money? we'll speak with experts about how this happened, what it means for you and your bank ahead. >> let's talk about the weather now. now to the winter storm that is blasting and buried so much of

the northeast. some parts of new york and new england waking up to three feet of snow. weather alerts are set to start expiring this morning. looking now. this is burlington, vermont. plymouth, new hampshire. looks cold. people are digging out from this nor'easter. now the cleanup. >> yeah. quite literally. look. you can see residents from the city working to clean the streets and the sidewalks here. some people like in new york or boston think this was a bit of a dud nor'easter. you only got a trace of snow in new york, half an inch in b boston. you can't say the same for other places in massachusetts and new york. they got clobbered with 36 inches, that is three feet of heavy wet snow. this was game of miles separating the biggest impact from the smallest tachlt a

listen. >> reporter: the first nor'easter of the season hitting the northeast. with parts of new york, massachusetts, and vermont seeing over three feet of snowfall. from new jersey up through maine, this late season storm brought heavy snow, winds, and coastal flooding. >> it's a heavy, wet. it's not fun to shovel. >> reporter: in dairy county, new hampshire, a boy got stuck under a downed tree. for 19 minutes firefighters and police officers used their bare hands, chain saws and shovels to free the child. the storm left cars stranded and downed industries in the streets. in massachusetts, crews worked to restore power in difficult conditions. throughout the day tuesday, hundreds of thousands throughout the northeast experienced power outages from the late season snow. >> it's just crazy how, it's

like it comes so late this year. >> hopefully this is the last. >> really heavy snow. heavier than usual. moving it feels like, you know, it's a workout. >> reporter: in worcester, massachusetts, two to three inches of snow were falling every hour. in the boston area, residents struggled on the roads. >> i have to go to work. it's been rough. very rough. you know? >> reporter: parts of new york and new jersey were both under a state of emergency. >> i didn't know what to expect. i mean, when they say state of emergency, i'm like oh, no. i think we got more than we expected so far. >> reporter: the new york state department of transportation doing what kit to keep the roads clear. >> first of all, always keep an eye on the weather. don't drive if you don't have to. you have to give yourself time. >> some people trying to remain in good spirits despite the difficult conditions. >> jus t amazing.

>> we like to refer to this in the weather community as heart attack snowfall. it is literally so heavy, so wet, and very difficult to shovel. it's back breaking. you have to be careful. don? >> thank you very much. thank you, derrick. >> this morning we're tracking a major development that happened over the black sea. the white house called it wreck lts. we're reckless. we're going to see if the u.s. is close to recovering that drone. john kirby is standing by.

when you have chronic kidney disease. there are places you'd like to o be. like here. and here. and here. not so much here. ifou've been diagnosed with chronic kidney disease farxigreduces the risk of kidney failure which can lead to dialysis. urinary tract or genital yeast infections in women and men, and low blood sugar. ketoacidosis is a serious side effect that may lead to death. a rare life-threatening bacterial infection in the skin of the perineum could occur. stop taking farxiga and call your doctor right away if you have symptoms of this bacterial infection, an allergic reaction, or ketoacidosis. and don't take it if you are on dialysis. put yourself in the driver's seat. make an appointment to ask your doctor for farxiga for chronic kidney disease. if you can't afford your medication, astrazeneca may be able to help. ♪far-xi-ga♪

(vo) the fully electric audi e-tron family is here. with models that fit any lifestyle. and innovative ways to make your e-tron your own. through elegant design and progressive technology. all the exhilaration, none of the compromise. the audi e-tron family. progress that moves you. somewhere out there is that one-in-a-million. someone who thinks with their hands. who can shape raw materials into something meaningful. and who wants to serve in their own way.

if you're out there. if you're looking for more. we're looking too. we're calling on a new generation of builders for navy's next-gen submarines. you love closing a deal. but hate managing your business from afar. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire the eagle has landed. that's one small step for man... hey, what's up? -one giant... uh... houston... we have a situation. how did you get here? you're characters in our video game! video game?

yeah, it's what we can do with the xfinity 10g network. basically, the greatest achievement since the moon landing. i think they're talking about us. i know. you can play from anywhere. -yeah, i'm in the basement. i'm at the dentist. check this out. it's super smooth even when everyone's online. whoa, can i try that? you're in the game! what the heck is that? those are the bad guys. -are they friendly? nope! ok, here's the plan. on the ship there's some wire cutters, some tubing and rubber bands. now with our know-how and some elbow grease and a little bit of luck, i — you're probably going to want to start running. the next generation 10g network, only from xfinity. one giant leap for mankind.

a russian fighter jet took down a u.s. drone. the reaper drone was flying over the black sea when a russian jet intentionally flew in front of and dumped fuel on it several times. now the aircraft then hit the propeller of the drone prompting u.s. forces to bring the drone down in international waters. let's discuss now. joining us now is the white house national security council spokesperson, mr. john kirby. john kirby, rear admiral, as a matter of fact, thank you very much. we appreciate you joining us this morning. >> yes, sir. good to be with you. >> i have to ask you first, has the drone been recovered? what is the status? >> it has not been recovered. i'm not sure that we're going to be able to recover it. where it fell into the black sea, very, very deep water. we're still assessing whether there can be any recovery effort. there may not be. >> having said that, you said that the u.s. would do everything -- every effort to

protect our equities over there. part of protecting the equity is securing the data that may have been on this drone. has the u.s. been able to wipe the drone's data or destroy parts of it so it is not useful to enemies, russians? >> well, what i can tell you, don, without getting into too much detail here, is that we took steps to protect the information and to protect -- to minimize any effort by anybody else to exploit that drone. >> you took steps to minimize so that others cannot exploit. it's not foolproof? >> we did the best we could to minimize any intelligence value that might come from somebody else getting their hands on that drone. >> but others can get their hands on it.

>> i cannot speak for russian effort what's they're trying to take of off the surface of the water. we're still assessing that situation ourselves. >> has the u.s. learned more or understand why russia took this down? we're saying that our military is saying that it was a deliberate effort. russia is saying not. the ambassador to the u.s. says it was near the border. is it that an actual reason, the actual reason? >> it is not uncommon and hasn't been since the beginning of the war to have these flights, conduct these kinds of flights. it is also not uncommon for the russians to try to intercept them. to try to harass them. this is the first time that it's ended up in this particular circumstance. a russian pilot actually struck the drone. that's the first time. it's not the first time they have intercepted or tried to harass the flights. >> should we be more careful about flying in -- over these

waters? ? >> our message is they need to be more careful in flying over u.s. assets. they're in support of our national security interests. they're the ones that need to be more careful. >> what if this happened over new york or new york city or san francisco. is that a fair assessment? >> no. it's not. first of all, they don't belong in ukraine. secondly, they certainly don't belong in crimea. we were fliying well outside of airspace that was -- that's claimed by ukraine or any other country. we're going to continue to operate in complete in accordance with international law. >> you told jake tapper that it

could have led to escalations beyond ukraine. that sound ominous. as if there can be an escalation. what do you mean by that? >> what i mean is when you have a situation like this, it does increase the risk of miscalculations, misunderstandings. and the last thing that we want, certainly the last thing that anybody should want is for this war in ukraine to escalate to become something between the united states and russia. to have this actually, you know, expand beyond that. that's not only not going to be good for the people of ukraine, it's not good for the people of europe or even around the world. we've been working very, very hard throughout the beginning of this conflict, don, to make sure that it doesn't escalate into particularly that area. i think we can all understand how that would be absolutely horrible for everybody. >> i want to be clear about something i asked moments ago. saying yaurussia denying there any physical contact between the aircraft and the drone.

is there video of what happened? >> there was some imagery collected around the incident. we're still going through that vud video right now zwlc. is there any communication between russians have you spoken to them concerning this? >> we brought the ambassador into the state department yesterday here in washington, d.c. we certainly conveyed a very direct message to him about our deep concerns over this reckless, unprofessional behavior by russian pilots. yes, we have communicated directly through diplomatic channels as appropriate with the russian government. >> as you know, several senate republicans are criticizing florida governor ron desantis. this is not his position on the war between ukraine and russia. it's no the just republicans, it's very hawkish people in the republican party. saying it's not in the u.s. interests and more of a territorial dispute. but desantis is voicing the opinion of some americans. is the white house worried about the public's support of ukraine, for ukraine at this point? >> we've been very grateful for

the support that the american people have shown for our support to ukraine. certainly we have appreciated the bipartisan and bicammeral support. secretary austin is hosting another meeting today virtually from the pentagon today. he will meet with dozens of other allies and partners to see what more we can do to help ukraine in the weeks and months ahead. but the support from the american people has been very, very important. i think you heard in warsaw when president biden gave that very stirring speech and made it very clear what's at stake here. it's not just about ukraine. that is first and foremost what's on our minds, keeping ukraine safe, making it whole and independent and sovereign. it is very well the cost of the blood and treasure it could cast the american people and oural luz -- our allies and partners. where does it stop? what is putin's next aim and

goal? where next is he going to go? and the cost could be higher than it is right now. >> this morning officials in beijing say that russia will hold joint military exercises with china and iran in the gulf through sunday. is the white house concerned about that? >> no. we're going to watch it. we'll monitor it. it is resulting from the training exercise to our national security interests, those of oural l allies and pars in the region. we'll do as best we can. >> john kirby joining us from the white house. always a pleasure, thank you. >> you bet. good to be with you. >> you as well. >> interesting to hear him say they may never recover that drone. >> yeah. >> he said the words were they're doing everything they can. they're taking steps to minimize people from exploiting it.

>> do you remember all the intelligence they got out of that iranian drone that we were able to -- that was down. how did they find the u.s. components, et cetera. you can get a lot from these things. >> the russian ambassador and the russian spokesperson is comparing this. he said it's apples to oranges. he said flying over, you know, the pacific or the atlantic is the equivalent of flying over the black sea. not the same thing. >> also russia claims they're not at war in ukraine too. >> exactly. >> there's that. >> also this morning, we're tracking another close call on an airport runway. it is under investigation for this -- >> 2003. aborting takeoff. aborting takeoff 2003. >> it feels like we're seeing these every day. what is happening? the federal aviation officials are hoping to figure that out. there is a hearing on capitol hill. can help your business get a payroll tax refund, even if you got ppp and it only takes eight minutes to qualify. i went on their websbsite, uploaded everything, and i was blown away by what they could do.

getrefunds.com has helped businesses get over a billion dollars and we can help your business too. qualify your business for a big refund in eight minutes. go to getrefunds.com to get started. powered by innovation refunds. to finally lose 80 pounds and keep it off with golo is amazing. i've been maintaining. the weight is gone and it's never cing back. with golo, i've not only kept off the weight but i'm happier, i'm healthier, and i have a new lease olife. golo is the onlyhing that will let you lose weight and keep it off. who loses 138 pounds in nine months? i did! golo's a lifestyle change and you make the change and it stays off. (soft music) (bridget) with thyroid eye disease i hid from the camera. and i wanted to hide from the world. for years, i thought my t.e.d. was beyond help... but then i asked my doctor about tepezza.

(vo) tepezza is the only medicine that treats t.e.d. at the source not just the symptoms. in a clinical study more than 8 out of 10 patients taking tepezza had less eye bulging. tepezza is an infusion. patients taking tepezza may have infusion reactions. tell your doctor right away if you experience high blood pressure, fast heartbeat, shortness of breath or muscle pain. before getting tepezza, tell your doctor if you have diabetes, ibd, or are pregnant, or planning to become pregnant. tepezza may raise blood sugar even if you don't have diabetes and may worsen ibd such as crohn's disease or ulcerative colitis. now, i'm ready to be seen again. visit mytepezza.com to find a ted eye specialist and to see bridget's before and after photos. life... doesn't stop for diabetes. be ready for every moment, with glucerna. it's the number one doctor recommended brand that is scientifically designed to help manage your blood sugar. live every moment. glucerna.

happening in morning, the faa is going hold an emergency safety summit. they're investigating the seventh near miss of commercial airplanes on the runway. the latest one happened last

week at reagan national airport in arlington, virginia. our aviation correspondent joins us now. pete, i'm flying into reagan in a few hours from now. now the seventh incident just this year alone. we're only in march. of. >> this underscores how serious this problem is. the safety summit that faa is holding today is the first it had since 2009. that was after a fatal crash in this latest string of incidents nobody has been killed. but the faa says simply not waiting for catastrophe. >> reporter: it is a run away problem on america's run ways from hawaii to reagan national airport outside washington, d.c. >> 2003! abort takeoff. aborting takeoff 2003! >> the federal aviation administration is holding an emergency safety summit, bringing together transportation secretary pete buttigieg, air hins and regularors.

it follows seven runway incursions involving commercial airliners since the start of this year, an issue that landed on capitol hill last week. >> the numerous recent near misses by airlines just this year are very troubling. >> it was the latest grilling for faa acting administrator billy nolen who insisted that flying is safe. in announcing the summit, n o. len said the faa will scam unwhich mitigations are working and why others are not as effective as they once were. >> the fay a has a grasp on thi situation. >> also in the meeting, represent representatives from airline unions. airlines are stressed to the max, still struggling to bounce back from the pandemic. >> it is happening out. there things we've been talking about well over a year ago are starting to show up on the flight deck and in operations. >> so far, the faa see noes

apparent common cause of the incidents, a top concern for the national transportation safety board. >> just because we're the safest in the world doesn't mean that we'll continue. it only takes one -- one serious tragedy to change all of that. >> the ntsb says it is aware but not yet launching an investigation into this latest incident at reagan national airport. the transportation secretary just sent a letter to all participants of today's meeting saying we must identify the key risk factors and common causes of these incidents right now. kaitlan? >> i think a lot of people want the answers. pete, thank you. on cnn prime time this week, we're going to get a closer look at all of america's aviation problems. you just heard from pete there. we'll hear from passengers, flight crew members, aviation experts. much that is tomorrow night, 9:00 p.m. eastern. we'll host "flight risk: turbulent times for air travel." >> 42 seasons, five national

change-ups and more than 1,000 wins. if you don't like duke basketball, don't watch what's next. i sat down with the legendary duke coach mike krzyzewski to talk about his journey and what it's like not to be on the sidelines for the first time. >> you know, a quick story. >> yeah. i want all the stories. introducing the new sleep . the only smart bed in the world at actively cools, warms and effortlessly responds to both of you. our smart sleepers get 28 minutes more restful sleep per night.

proven quality sleep. only from sleep number. when you stay at a vrbo you always get the whole home not part of it but the whole upstairs the whole downstairs the whole fridge and the whole secret nap room because is it really a vacation home if you have to share a house with a host? ♪ only with vrbo that run with the champ was magical. i mean the tender chicken, the peppercorn ranch... i love my rings but i'll cherish that lunch... forever. the subway series. the greatest menu of all time.

♪ it's the kay semi-annual sale. saving so big it only happens twice a year. shop now, only at kay.

as a business owner, your bottom line is always top of mind. so start saving by switching to the mobile service designed for small business: comcast business mobile. flexible data plans mean you can get unlimited data or pay by the gig. all on the most reliable 5g network. with no line activation fees or term contracts. saving you up to 60% a year. and it's only available to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities. when i was his age, we had to be inside to watch live sports. but with xfinity, we get the fastest mobile service and can stream down the street or around the block! hey, can you be less sister, more car?

all right, let's get this over with. switch to xfinity mobile and save big on the new samsung galaxy s23 series. i should get paid more for this. you get paid when you win. from xfinity. home of the 10g network. there are legends in basketball so famous you know them by one name. jordan, kobe, lebron, then there is a legend whose status is so iconic you know him by one letter, k. as in coach k. for 42 seasons, mike krzyzewski was coach for the duke blue devils. he won 129 games at tduke and

five national change-ups. i went to north carolina to talk about leadership ahead of his first march madness since retirement and got coaching whiz d wisdom and told me what is more important than oning. >> it's a pretty cool view. and, you know, all the banners and -- >> that's all your national championships. >> yeah. five. and the final fours. and the championships. >> you're often described by people in profiles of you as the son of a cleaning woman and elevator operator. i don't think that's how you would describe your parents. >> no, my parents were the basis of who me and my brother became. they taught us the dignity of work. they even tell my teams for years i want you to be as tough as your mother. and just think about your mother. was there ever a day that she didn't show up? did you ever see her sick? did you ever see her tired? i never saw my mom sick or tired.

i saw her every day doing everything that she could possibly do to make it nice for me and my brother bill. i didn't appreciate it until later in life. and my dad died when i was senior at west point. he didn't go by the name krzyzewski. he went by the name cross because he was always afraid of losing his job because there was a lot of ethnic discrimination at that time. i didn't realize all the things that my parents -- >> gave up? >> gave up. >> hid. your parents didn't want you guys to learn to speak polish. >> polish, right. >> why? >> and i didn't find this out until later. they didn't want us to have an accent. because they were afraid, again, during that time, somebody with a vowel at the end of their name made them look differently. they were concerned. >> they were trying to protect you. >> they were trying to protect me and many i brother. >> so much so it wasn't on his

tombstone until -- >> he was in world war ii as william cross. when he died and we, you know, low income family, the government provides the tombstone. it said cross. we were not able to change it until my mom passed. my brother and i made sure it said krzyzewski. i was inducted into the basketball hall of fame in 2001. one of the part of the speech and the most emotional for me was i said i wish my mom and dad were here tonight. i'm going to start crying. to see a krzyzewski going to the hall of fame. it was emotional then. it's emotional now because i recognize just the life they led to make sure me and bill would be taken care of. amazing. >> how much of what you have done and how you led and carried on this name so proudly? it's so famous. you just walk in the krzyzewski

center. >> they couldn't find another name for it. they put one that no one could pronounce. >> i love this picture. >> yeah. you can tell she's -- >> proud. >> proud. i've been married 53 years to vicki and we knew that it was going to be a partnership of. i call it two is better as one if two can act as one. and we were able to act as one. that's my family. whenever we play in the olympics, we brought everybody. >> you did? you did a lot of it together. >> yeah. i have three daughters. >> they hold you down here? >> they have -- whatever humility i did not have, they tried to interject in me over and over again. so when there used to be family dinners and people would eat together and i'd be sitting at a table with my four girls and we're playing carnolina. we -- or whatever. we just won a bug game. and we're talking. and nothing is said. >> about your win. >> or about the game.

my wife did a great thing, poppy. when all my girls were growing up, we never had anything basketball in the house. the players would come over. there weren't trophies, pictures. >> there was no shrine to coach k in your house? >> there is no shrine. and there shouldn't be. you know? >> well, there are in some people's houses. >> now because it's just me and vicki and my dog coach. i'm in the basement -- well, the lower level and i can but anything i want in there. whenever i need my ego boost, i go down there and start looking. man, you were really good. no, i don't do that. >> do you ever come stand here alone? >> i do. usually -- not a lot. but later at night when all the lights are out. there might be just a little bit on the national championship banners or whatever you walk in and you feel like you're in a field of dreams.

>> this is your field of dreams. >> yeah. you feel like i better get out of here because the basketball gods are going to play pickup here in a little bit. >> there are stars. there are star players. but we've seen in college basketball and in the nba that when you just put a bunch of stars together, it often doesn't work. >> you heard that expression leave your egos at the door? i hate that expression. >> you do? >> i hate it. >> bring your ego? >> bring everything you got. bring who you are. why wouldn't you -- why would you leave something you are -- >> to make room for others? >> we should make the room bigger. you know, you're not confined. when you bring all the egos in, put them under one umbrella. that's what we did. it said usa on it. and then you develop common ground. quick -- you know a quick story? had. >> yeah. i want all the stories. >> jason kidd, first practice. our captain. hall of famer. leading a fast break drill.

dwyane wade is one way. lebron is another. the ball is going everywhere. so i bring them together. like i know we can't play like this. before i say anything, jason kidd says, coach, i'll tone it down. and immediately, kobe, lebron, dwayne said, no, no, no. we never played with you -- with a talent like you. we'll adapt to you. >> really? >> yes. one of the great moments in my coaching where i saw talent say, come on, talent, give me more. it's like the peiano player telling the sax player, come on. and then if you can get everyone playing with maximize, you know? and it doesn't mean you have to give up talent to maximize. and if that all works together,

wow. >> how many presidents have you met? all of them in your lifetime? >> yeah. when we won. and 41, president bush, became a close friend. >> you and kobe. >> this is u.s., thanks for all the golden moments. this is a great book for me because each player gave their quote. >> reporter: can we read what lebron said about you? >> yes. >> reporter: he allows us to play the game of basketball and have fun but at the same time he wants us to be perfect. we should expect perfection and that is what he is about. we like that. we like that kind of challenge. read the last line. >> coach k is one of the best coaches of all time period, no question about it. >> reporter: one of the things that i learned about you is how hard you are on yourself. and that there have been moments when you will actually, you looked in the mirror over your career and cursed yourself out.

>> we are all better if we are held accountable, you know? and how you hold players accountable along the years change, but you still have to hold them accountable. >> reporter: you have been tough on them, very. >> you hold them accountable. and sometimes there is nobody that hold the leader accountable. it's on you. i did it. you know, i need to change. and it was always not about winning and losing for me. it was about being worthy of winning. >> that was great, poppy. >> he is great. >> he is great. you did a fantastic job. i can tell he likes you. so we talked about this. leave your egos at the door. >> he doesn't like that. >> and i don't believe that either. when people say you have a big ego, great, poppy has earned the right -- >> i am never thought that way. he changed my way of thinking. >> i am saying in general, people say that and people try to dim the brightness of the

strongest player so that it fits everyone else and that is the wrong thing to do. you encourage everyone -- the strongest player to lift everyone up. that has always been my motto. it's great to have that reinforcement. leave your egos at the door. i thought it was fantastic. >> can i say -- >> we will get to the dog thing in a minute. >> i was going to say this is no secret. i often think that some of the wisest people in our current society are often coaches because they are not just coming up with play calls and depth charts. they are coaching and shaping young men and women into what they are. i think nick saban is a big part of this. hearing him talking about maximizing talent and making people be their best and bring everything got. >> you taught me that about coaches. i had a friendship with coach k for a few years. i wanted to talk to him because

of the way leads. he made me think differently about how i operate. that's how significant hearing from him was. >> it applies to all of us. >> that is a leader. >> the best. >> that is a leader when a leader brings a team together and brings out the strongest attributes. you and i both perked up when we heard his dog was named coach. >> i texted my dad, when get a dog, probably in 50 years, i am naming it coach. >> mine will be put me in. >> put me in, coach. >> what he has done for the krzyzewski name, his parents would be very, very proud. more news to cover now. major financial news this morning. stock futures plummeting down more than 500 points right now. fears injected into the global banking system as a deal around credit suisse falls through. we are going to break it all down next. ♪

♪ a feeling this powerful is invite only. ♪ fortunately, you're invited. experience the capability of the complete line of suvs at the invitation to lexus sales event. an all-star menu of delicious subs. like #4 supreme meats. black forest ham and gea salami. you can't stop that much meat you can only hope to con- in freshly baked bread. try subway's ttiest menu upgrade yet. somewhere out there is that one-in-a-million. someone who thinks with their hands. who can shape raw materials into something meaningful. and who wants to serve in their own way. if you're out there. if you're looking for more.

we're looking too. we're calling on a new generation of builders for navy's next-gen submarines. i got into debt in college, and no matter how much i paid, it followed me everywhere. so i consolidated it into a low-rate personal loan from sofi. get a personal loan with low low fixed rates, and borrow up to $100k. sofi get your money right.

♪ this feels so right... ♪ adt systems now feature google products like the nest cam with floodlight, with intelligent alerts when a person or familiar face is detected. sam. sophie's not here tonight. so you have a home with no worries. brought to you by adt. (vo) with their verizon private 5g network, associated british ports can now precisely orchestrate nearly 600,000 vehicles passing through their uk port every year. don't just connect your business. (dock worker) right on time. (vo) make it even smarter. we call this enterprise intelligence. ♪3, 4♪ ♪ ♪hey♪ ♪ ♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪ ♪ ♪ wow, we're crunching tons of polygons here!

what's going on? where's regina? hi, i'm ladonna. i invest in invesco qqq, a fund that gives me access to the nasdaq-100 innovations, like real time cgi. okay... yeah... oh. don't worry i got it! become an agent of innovation with invesco qqq was also the first time your profits left you speechless. at the counter or on the go, save 20% with the lowest transaction fees and keep more of what you make. start saving today at godaddy.com my most important kitchen tool? my brain. so i choose neuriva plus. unlike some others, neuriva plus is a multitasker supporting 6 key indicators of brain health. to help keep me sharp. neuriva: think bigger.

donald trump's former attorney and fixer michael cohen expects do d go back before a manhattan grand jury today and finish answering questions about hush-money payments to stormy daniels. testify for about three hours monday. he handled the payments for the adult film actress before the 2016 election. the d.a. is investigating trump's alleged role in those payments. they are signaling a criminal indictment could be near. what we are expecting to hear today, good morning, what would -- what are we expecting today? >> good morning, guys. today michael cohen will be back before the grand jury. he was there monday for three hours. remember he was such a central player in the hush-money payments. so he will be explaining to the grand jury his communications with the former president, you know, remember he pleaded guilty to a federal case in which he said that trump -- he made payments in coordination with

and at the direction of donald trump. so he can put the jury in the room and lay out what his version of the case is and what he knows about this, you know, so certainly a significant witness and what seems to be given the parade of witnesses that have been in one of the last that will be going before the grand jury. >> we will be watching. thank you very much. appreciate it. "cnn this morning" continues right now. >> this is cnn breaking news. >> we are glad you are with us had this morning. following breaking news on wall street. stock futures are plunging as turmoil conditions for banks across the globe. shares of credit suisse falling more than 20% premarket a new record low after the bank said it would not be injecting new capital into credit suisse, that is because of regulatory barriers, i should note. but this is all just injecting fear into the global banking system. all this in the wake o