Global markets rattled as banking fears spread

Anderson Cooper 360

The banking system troubles that appeared to be easing yesterday, came rumbling back this morning with word that the struggling Swiss bank Credit Suisse was in deeper trouble than previously thought. Then came news that two credit rating firms had downgraded First Republic Bank to junk status. Those two factors sent markets plunging. Vermont Independent Senator Bernie Sanders, who chairs the Senate Health, Education Labor and Pensions Committee joins Anderson to talk about the banking trouble and a bill that caps the price of insulin at $20 per vial.

Also, a key development in Russia's downing of an American drone over the Black Sea yesterday. State Department Spokesperson Ned Price joins Anderson.

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