begin this hour with the 202 race for the white house as republicans tussle over the future of the gop. president biden lays the groundwork for potential reelection campaign. tomorrow, donald trump heads t iowa as he works to cement his hold over the republican primary voters jones visited come just thre days after his latest nemesis, former governor ron desantis for me, it it is in the firs of the nation state on friday. well desantis has yet to announce an official white house run. he appointed to th administration in florida as the, quote, blueprint for th rest of the nation we ll talk about that later in the show meanwhile trump s vice president, mike pence, i calling on his former boss for ten or a sixth that happened in washingto just last night. pence said trump was wrong whe he asked pence to overturn the 2020 election. thank trump put people ad risk the fallout of january six jus a series of legal woes for the president overshadowing th upcoming gop primary battle. t
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
iowa as he works to cement his hold over republican primary voters trump s comes just after his lates nemesis, florida governor ro desantis make stops in the first caucus state on friday desantis has yet to announce a official white house run but h pointed to his administratio in florida as a quote, blueprint for the rest of th nation we will talk about tha blueprint later in the show. meantime, trump s vice president mike pence is callin out his former boss for januar 6th. at a dinner in washington just last night, pence said trump was wrong when he asked penc to overturn the 2020 election, so that trump is just part of a series o legal wars with the former president, overshadowing the upcoming gop primary battle. tomorrow afternoon trump s former lawyer michael cohe will testify before a gran jury in new york the investigation over alleged hush money play to adult fil star stormy daniels before the 2016 election. should be just around th corner and this morning, chu
gun control measures i monterey park, california. it s the home town o congressman judy chu we ll ask him about it i look at the other big storie we re watching this hour o msnbc. jess i, alicia thank you. in san diego, eight are dead after two suspected huma smuggling boats capsized saturday night lifeguards struggled to access the beach during the high tide this incident is still under investigation. california is expecting second so called atmospheric river to hit tomorrow, bringin a lot more heavy rain to tha state. more than 90 people were rescued this weekend following a levee break in montgomer county and the spacex crew five mission ended saturday when th dragon capsule splashed down off the florida coast. the four crew members spen five months at the international space station. i m jessica layton, we hav more american voices after thi break. power e trade s easy-to-use tools make complex trading less complicated custom scans help you find new trading opportunities while a