that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite
trump years. he is not doing it? always going to have a little bit of yes we want to but no we don t as they go forward. i will just say when i m reading in the new york times about people in the northeast, going bankrupt because they can t afford their heating oil bill, there s a direct line between that and policies which are trying to dampen don t north american oil production. ainsley: changing stance on crime and the border and now on oil and gas. on the one hand can you say it s hopeful and on the other hand you can say it s cynical. ainsley: say the elections are two years away. thank you. ainsley: thank you, senator. great to see you. senator, behind you is ashley and why are going to toss to her for headlines. ashley: start with a really sad story here. a new york woman is convicted in the murder of her 8-year-old stepson by forcing him to sleep in a freezing garage every night for months. prosecutors say the night he died from hypothermia in 2020 child and bro
if you want to know the future of the republican party as you were discussing articulately last hour, take a look at the cover of the new york post, eyes on the spies, the intelligence community is pursuing the hunter biden story. if you re out there worried about your heating oil bill, your grocery bill, the status of your kids in school. they can t help themselves. we have to get to the bottom of the hunter biden story. we have to bring in clapper and brennan and find out why they lied. haven t we seen this before, they go after joe biden s remaining son. people like joe biden. we ve gone through this. haven t we gone through this? the thing is, let the chips fall where they may. if hunter biden has done anything wrong, the doj is