making, but silicon valley s implosion is the biggest such failure since the collapse of our entire financial system 15 is years ago.o down next, and we ve got you covered in los angeles with kelly o grady on how all of this happened, at the white house with lucas tomlinson on what they hop next, in washington with former fdic chair sheila bair on why this won t be another financial meltdown, she hopes. and in florida with home depot cofounder bernie marcus who says that doesn t mean this still won t be a big confidence meltdown no matter what happens next. all that and nikki haley on cracking down at the border by sending u.s. troops to the border and a portland, oregon, businessman who was trying to make a living amidst a crime wave that is soaring, and city officials all but ignoring. busy show, busy weekend, and it all starts right now. welcome, everybody. i m neil cavuto. very good to have you. now to the our biggest story, that bank collapse and what it could portend fo
state regulators wasting little time to take possession of silicon valley earlier today before a sudden cash crisis risks becoming a bigger one. then just as quickly reassuring investors their money was safe. the fdic taking control of silicon valley bank s deposits and letting customers know that they would have access to their funds by monday morning. it was all meant to avoid a run on the deposits and one that could spread. neither happened today. janet yellen said she was watching silicon and a few other banks she didn t name very carefully. other government officials stressing that silicon s case was very unique. in the case of silicon, it happened very fast after announcing a big loss on the bond holdings earlier this week. most of the bonds were bought long before the aggressive rate hikes that began almost a year ago. meaning those investments were underwear as bond prices declined and silicon was struck. today s strong employment report showing a bigger than expected
firefighter or any of you in this room. so my plan is to make sure that corporations begin to pay their fair share. president joe biden pitches his budget proposal that he says will lift the burden off families across america. we ll explain, though, why this plan is more about campaign messaging than the actual numbers. plus, there are significant new developments that signal that donald trump could soon face criminal charges in the state of new york. and also ahead we ll dig into the cia s latest assessment of vladimir putin and the future of the war in ukraine. good morning and will welcome to way too early on this friday, march 10th. we re going to begin with the strongest indication yet prosecutors are nearing an indictment of former president donald trump. the new york times reports that the manhattan district attorney s office has now signaled to attorneys for the former president that he could face criminal charges. the paper cites four people with knowledge
i am richard louis in fo yasmin vossoughian coming to you live from 30 rock and i am garrett haake an west palm beach, florida not far from mar-a-lago from where donald trump rock th political world today saying h was going to be arrested o tuesday. as i ve been noting throughout the day, though his own lega team says they haven t gotte any word that that i definitely going to happen the manhattan da has commented on trump s post, which h admits a striven by medi reports he has seen and heard. trump s pronouncement toda should not come as a surpris given just how much she ha been wrapping up the rhetori this past week our enemies are desperate t stop us because they know that we are the only ones who can stop them and they know it ver strongly the radical left democrats are using their prosecutors to try and steal another election all right garrett, you will join us throughout this hour a we continue to talk about trum and his tweet or as his messag was put out on socia
florida. algae blooms threatening the east and west coasts and what they are doing to prepare. and taking to the streets protests and clashes with police in france as the president moves to raise the retirement age. this is what we are watching at this hour. thank you for being here. i m kate bolduan and a milestone and potential troubling statement on a developing partnership of russia and china. xi jinping is traveling to moscow to meet with putin, and this is first trip since the launch of the war in ukraine. this is coming after cnn has learned that u.s. has intelligence that china is considering providing lethal aid to russia, and the u.n. has said that would kcross a red line. and turkey has said that their country would start the process to ratify finland s nato membership, and that is a significant move. nato requires the unanimous approval of its 30 members to start this move. let s start with will ripley on this trip that xi is planning for his trip to russia?