Q.My redbud didnt bloom after pruning in the fall is it dead
Bark is peeling off the trunk of the tree and there are 2 new tree shoots coming out
What should be done
Try bending the branches; do they snap off and break?
Scratch the bark; is it green underneath?
It sounds like the top of the tree died off and that you have shoots growing from the roots; still alive.
It may take some time and the tree may have more of a shrub appearance.
https://www.gardeningknowhow.com/ornamental/trees/redbud/caring-for-redbud-trees.htm
https://www.gardeningknowhow.com/ornamental/trees/tgen/tree-scratch-test.htm
https://www.gardeningknowhow.com/ornamental/trees/tgen/what-does-a-dying-tree-look-like-signs-that-a-tree-is-dying.htm