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the russians. and maintaining our presence in this area. again, we have every right to be there. it is in our national security interest. i don t think the russians will be able to recover much, if anything, but we need to continue. todd: senator joni ernst thank you so very much as the breaking news come in. fox & friends takes it from here. does ths have operable control? no, sir. ortiz speaking to the homeland security committee. stark contrast to claims by mayorkas. we have effectively managed. mayorkas has refused to follow his oath. a total mess on wall street fallout from the silicon valley collapse. yellen needs to head to the hill to answer questions. they have all said this is transitory so they can keep spending more money. russian warships scouring the black sea unlikely to find anything. the intercept is intentional
bank based here in new york, also saw an avalanche of troll from customers concerned about the silicon valley collapse. and so, on sunday, federal regulators took that over as well and in a joint statement, th treasury department, the federal reserve and fdic announced that depositors at silicon valley would hav access to all of their money starting monday. and that all depositors at signature back would be made whole. on the federal reserve board also announced steps to shor up other potentially vulnerabl banks, making availabl additional funding to eligible institutions to help assur banks have the ability to meet the needs of all their depositors and then, this morning president biden, assuring th american people that in fact banks in this country are safe and that he will be taking further action today, thanks to the quic action of my administratio over the past few days americans are gonna have confidence in the backin system safe. the deposits will be there whe
country whose customer included a broad range o start-ups and tech companies on thursday night, those customers, those customers o that bank tried to withdraw 42 billion dollars, that is amounting to one of the larges bank runs in american history. silicon valley could not mee that demand, and therefore u.s. banking regulators jumped in and took control, filed a federal deposit interest corporation, worked through th weekend to try and ensur customers would be able to access their phones by monday. news came out that a secon institution imploded, signatur bank based here in new york, also saw an avalanche of troll from customers concerned about the silicon valley collapse. and so, on sunday, federal regulators took that over as well and in a joint statement, th treasury department, the federal reserve and fdic announced that depositors at silicon valley would hav access to all of their money starting monday.