a young wisconsin boy is safe and sound tonight after a harrowing wee a young wisconsin boy is safe and sound tonight after a harrowing weekend lost in the wilds of a michigan state park. anne thompson has his story. reporter: this smile is proof of triumph over potential tragedy. 8-year-old nante niemi found in michigan s porcupine mountains wilderness state park, found monday afternoon sheltering under a log. the subject has been located. great work, everybody. reporter: on saturday, the second grader disappeared while gathering firewood for his family s camp. searchers focused on a 40-square mile area in michigan s largest state park. more than 150 people searched for nante, one of them a familiar face to the child, 18-year-old eli talsma. and all i see is his little tiny white sweatshirt. and he goes, eli? i ran up over to him and i gave him the biggest hug.
and no one liked it, or slow the growth and demand and fallout is high mortgage rates, fewer home sales, less home building, lower retail sales, in and of themselves bad news but are necessary measures and what i worry about is the drum beat of oh, my goodness, the banks, goodness, the mortgages, stop the fed from doing its job and stuck with high inflation and that s even worse. that s what i grew up with. stagflation and continued inflation, we have to get it back down to 2%. sandra: a painful environment, mostly for the working class, the very group the administration jason says they are out to help the most. no matter what they tell us, what people are feeling. polling revealing that people are concerned about the banking system. the white house says it s safe and sound, americans are very or moderately worried, 48% of them, about the safety of their money in banks. final thought from you, jason. look, first of all, i would
and si silicon valley bank. and president biden says that the federal government seizure and sale of first republic will keep the banking system safe and sound and he call theed on congress to hold banks accountable. i ve called on regulators the tools to hold bank executives accountable and regulators to strengthen supervision of large and regional banks. folks, we have to make sure that we re not back in this position again. chris wynn has more from washington. reporter: selling first republic to jpmorgan chase was a dramatic move by the fdic aimed at curbing a crisis that has been playing out the past two months. but many questions remain. first republic bank branches opened doors monday morning under new management following
continued action to keep america s banking system, quote, safe and sound. the comments come after first republic became the third major bank to collapse in less than two months when it was taken over by the fdic and sold to jpmorgan chase. the president held a small business event at the white house yesterday and said the move protects depositors and small businesses. let me be very clear, all depositors are being protected. shareholders are losing their investments. critically, taxpayers are not the ones that are on the hook. going forward, i ve called on congress to give regulators the tools to hold bank executives accountable, and i ve called on regulators to strengthen regulations and supervision of large and regional banks. folks, we have to make sure that we re not back in this position again. i think we re well on our way to
yesterday said u.s. banking system is safe and sound. katie pavlich, robert wolf in a matter of minutes coming shortly. sandra: waiting the white house and the pentagon at this hour. we are each expected to brief reporters within the next hour as president biden takes major steps towards sending u.s. troops to our southern border. hello, welcome, everyone. sandra smith and surprise on this tuesday, william hemmer. bill: i m in for john roberts, hope you are doing well at home. the 1500 active duty troops deployed for three months, initially, anyway, to help border agents handle the expected tens of thousands of migrants to cross once title 42 ends, which is about nine days away. the timing of the decision