morning. skylar, ahead of the market s opening, cbs news has learned that treasury officials briefed the california congressional delegation today. what s on the table? reporter: yeah, in a letter obtained by cbs news is a push by some house lawmakers calling for temporary lines of credit to be extended to depositors. the federal reserve board said sunday they will make available di additional funding to help insure banks they have the funding they need to meet the needs of their depositors. one more note from washington. president biden, tomorrow, is expected to announce new protections against oil drilling in alaska in the arctic ocean. the decision comes as regulators prepare whether to announce an oil drilling push by conoco phillips and see if it s allowed to move forward. to california now, at least eight people dead after two smuggling boats overturned off san diego s coast. it happened last night.
officials are now searching for survivors of what they believe was part after human smuggling operation. jessie kirsch reports. reporter: at least eight people are dead in san diego tonight and possibly more than a dozen are unaccounted for after authorities say a pair of suspected smuggling boats capsized some of the victims were p mexicans officials say around midnight, a spanish speaker called 911 that person reported that there were approximately 15 people and eight people on two vessels that had overturned. reporter: officials say high tide made it harder for lifeguards to reach the victims with low visibility limiting overnight searches by air. eventually, first responders discovering two overturned boats on the beach finding
chicken sanctuary pit tonight, bracing for more banking shockwave. government regulators this weekend race to address the sudden collapse of silicon valley bank. treasury secretary janet yellen reashuring americans about their savings amid fears of a wider fallout. i do want to emphasize that the american banking system is really safe and well capitalized. also tonight, eight people are killed after suspected smuggling boats capsized off the san diego coast. new storm. battered by destructive flooding, california ready for more extreme weather. we are dealing with rain and wind events that can only describe as the super soaker
smuggling boats had capsized. rescue efforts overnight. when they arrived on scene, no survivors but officials say some migrants may have fled the beach. this is one of the worst maritime struggling tragedies in california. certainly in the city of san diego. so far this year, 600 migrants have been apprehended up of the waters of san diego. todd, ashley. todd: senator tom cotton reacted to the lawlessness in el paso, watch. that video why the government is not doing more to protect us from threats from mexico and you have almost a thousand people from rushing border crossing point that obviously overwhelmed the border patrol. we have no way to know who they are. why would they need to be coming to america? venezuela is a is a socialist dictatorship. they may have claims to asylum but they may have other
important to be prepared and remain vigilant. if you do have plans to visit mexico this spring break, experts suggest staying in a resort for added security, share your location with somebody at home and consider getting travel insurance in case of appear emergency. sign up for the state department s smart traveler enrollment program which will keep you connected with the local embassy and up to date with the latest advisories we ve got a lot to cover in our second hour of chris jansing reports. let s get right to it. at this hour, new details in the investigation into the deadly capsizing of two suspected smuggling boats off the coast of san diego this weekend. at least eight people are dead show of strength the u.s. and south korean militaries launched their biggest joint exercises in years, as north korea test fires