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Read this now: Tornadoes | Somalia's presidential election | Hidden bank accounts

CNBC Update: Trump speaks to law enforcement officials

Here are some of the key stories CNBC is following this hour:

Thousands of families in Louisiana are picking up the pieces of their lives after several tornadoes touched down. Some in east New Orleans say the destruction was worse than from Hurricane Katrina. No deaths have been reported, but about 40 people were injured.

President Donald Trump holds up papers while speaking during the Major Cities Chiefs Association (MCCA) Winter Meeting in Washington, D.C., U.S., on Wednesday, Feb. 8, 2017.
Chris Kleponis | Pool via Bloomberg | Getty Images

Voting started in Somalia's ground-breaking presidential election amid a security lockdown that has closed the capital's international airport and cleared major streets. Reuters just reported that former Prime Minister Abdullahi Farmajo won the presidential vote. Fears of attacks by Islamic group Al-Shabab have limited the election to the country's legislators.

Pope Francis again appealed to the world to build bridges and not walls. The pope has been sharply critical of President Donald Trump's plan to build a wall on the Mexican border.

A new survey by reveals about 12 million Americans have concealed a bank or credit card account from their spouse or partner. Baby boomers were found to be nearly four times as likely as millennials to have a secret account.