downgrading the outlook for entire banking sector warning of rapid deterioration, my exclusive interview with a senior chairman and former ceo of goldman sachs is next. a russian fighter jet forces an american drone to crash into the black sea, fears growing of escalation as the battle in bakhmut intensifies further, a ukrainian soldier on the front lines is my guest the tonight. and ron desantis does a complete 180, florida governor says backing ukraine is not in america s best interest. it is the opposite of what he said when he was in congress. you will hear for yourself what the kfile found. let s go out front. good evening, i m erin burnett. out front, rapid deterioration those are the words used by the bond credit rating king moody, how they re describing the bank sector in the united states downgrading outlook from american banks to negative. warning of sharply rising deposit costs and go on to say, quote, pressures will persist and be exacerbated by more increases
pressed congress in 2015 to exempt silicon valley bank because of the low business acts. congress ultimately did just that. few months ago, becker was touting the strength of svb and prospects for the future. we re feeling good about this the situation with the position we re in right now our balance sheet capitol ratio liquid di never been stronger. you would think becker could have known better after all, this is a sophisticated guy. he held a prestigious position on the board of directors of the san francisco federal reserve. right? that is until svb failed friday. now he s no longer on the board according to a fed spokesperson. nowhere to be found on the website for the board of directors. out front from the white house to begin coverage tonight and phil i know you re getting new information from your sources what are you learning it s interesting when you talk to senior administration officials who are involved in both the emergency deployment of facilities over the course.
blocking people from crossing the border into canada. the canadian border services agency is already turning back non-canadians trying to enter canada to participate in blockades. reporter: for the past three weeks, truckers have been clogging the strwa. disrupting daily life. shutting down schools and businesses. to protest vaccine mandates and all covid restrictions. but tonight, the ambassador bridge, the busiest land border crossing between the u.s. and canada, is back open. police finally clearing the remaining protesters sunday, arresting more than two dozen people. the end to the week-long blockade can t come soon enough for american automakers. chrysler, ford, and general motors forced to shut down plants and cancel shifts. due to the disruption in the supply chain of car parts. david, this new emergency deployment, which will not involved the military removing protesters, could last as long as 30 days. david? pierre, thank you. now to the pandemic.
Maine Gov. Janet Mills has activated additional members of the Maine National Guard to provide support for hospitals amid a continued surge of COVID-19.
Maine Gov. Janet Mills has activated additional members of the Maine National Guard to provide support for hospitals amid a continued surge of COVID-19.