additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know we do have the statemen straight from we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confid
mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the bank if you talk to any members o congress, like our team on capitol hill, yesterday an today, the biggest thing the want is a sale of the bank and on the congressional side, the california delegation of republicans and democrat wrapped a briefing call this afternoon. they were briefed ahead of thi public statement they want both the engineering of a sale of the bank, and t raise the fdic limit right
taken there to that office. but i don t know what s in the documents. hold on . ld o a wilmingtonn in it. the man who promised to raisee a the bar for ethics and trust in government, he s now feigning ignorance. hey, i see nothing.di i was not here. i did not even get up this morning. now, more than two months afters these ten classifiedsi documents were discovered, the public was made aware of this encounter. truth that president return dignity to government had actually been derelict with government records ornow, e someone close to him was now when trump was found, the classified documents. biden called it totally irresponsible. but of course, the media hasaken taken great pains to differentiate the biden situation. bin s do happen.is a it s not a good reason, but it s a human reason. joe biden may never have known that these documents were in that box. other differences here, the volume of documents, the number the smaller, n s an and his lawyers appear to have t actu
top of the hour, we will take you back to the fema directors that are going on right now. this news conference and we will listen to the very latest from winter park, florida, and get an update on recovery and rescue operations there. fema back to flood insurance. what kind of turnaround or how long until you expect people to be able to receive to face what s needed in their homes? how long do the inspections and claims take? yeah, one of the very first things that everybody should do is contact their insurance company to see what is going to be eligible. this includes flood insurance, which is by fema and also some of the other insurances they have for wind damage, et cetera. they are going to have to file that claim. one of the first thing that s going to have to happen is an inspection of that home, so they can determine the extent of damages. that will depend on the availability to access the homes. we know that there are still many homes that might be underwa