the federal government is now stepping in to calm financial panic over the failure of two u.s. banks. the biden administration announcing it will extend a federal backstop to all the banks deposits. treasury officials push back on the idea this was a bailout saying the burden is not borne by the taxpayers. we ll hear from president biden moments from now. water everywhere, causing chaos across central california. warnings of intense sustained flooding in the days ahead. it s unimaginable. folks, we are not done yet. former vice president mike pence telling a crowd in washington that history will judge donald trump for his actions on january 6. probably not a message that will be terribly popular with republican-based voters. three women who live in texas are believed to be missing in mexico. we really haven t had any other incidents that i can recall. and the oscar goes to everything, where every, all at once. this year at the academy awards, the
85%. millions of dollars. millions of dollars. so what happened to you friday? so on friday when we got the alert that the fdic was taking control of the bank, we had no idea what would be the next step. we didn t know how long it was going to take. we re grateful the fed stepped n we did what start-ups do. we took matters in our own hands. we took that fight for survival. same thing when covid happened. and so we turned to our most loyal group of customers and said, hey, we need cash right now. we set up a new account and pushed our weekend sales to a new account. at jpmorgan chase. yes. we said we need your help. the outpouring of support was so to all our viewers and guys back in the studio, the reason that i wanted benson i m