that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank s assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large. the tech sector has seen layoffs and funds been sold off. that has led to panic. that s led to group chats of founders of vcs all abuzz with what to do with svp. that led to panic. nobody wants to be the last customer held at a bank. help break down all those affected. svb was the premier bank in silicon valley. we ve seen tech companies banking at svb as kind of a badge of honor. right now we
fredricka whitfield and we begin with escalating tensions in the middle east. israel says it has carried out air strikes in syrian territory. israel s defense forces releasing video it says shows strikes on a syrian military compound radar systems and artillery posts. the strikes were launched after israel says rockets were fired from syria toward the golan heights and in the west bank today, a funeral was held for two british israeli sisters who were killed in an attack on friday. days of violence erupted following an israeli police raid on the al aqsa mosque compound in jerusalem last week. cnn s fred pleitgen is in jerusalem. scott mclean is in beirut, lebanon, fred, let me begin with you. what is the latest hi there, fredricka. well certainly it is still quite concerning here on the ground. i would say it s still very tense and very volatile situation as well. and of course, one of the main reasons for that is what you were just mentioning is those rocket attacks that
morning joe starts right now trump indicted the first ever criminal indictment of a former president of the united states came down yesterday when a new york city grand jury convened by the manhattan district attorney s office took the unprecedented step of voting to charge donald trump. because the indictment is under seal, the exact charges are unknown, but we do know they center around that $130,000 payment trump allegedly made to porn star stormy daniels just days before the 2016 election, to keep her silent about an affair she claims the two had a decade earlier according to the star witness in the case, trump s own former lawyer, michael cohen, the trump organization tried to cover up the payment, falsely claiming it was a legal expense. good morning and welcome to morning joe. it is friday, march 31st along with joe, willie and me, we have the host of way too ea early, white house bureau chief at politico, jonathan lemire the host of politics nation, presid
weekend. i m not pete hegseth contrary to half the people that see me in the airport. they like to think i m pete. i m here with rachel and will and gracious enough to let me hang out on the couch this morning. that was tampa, florida, not far from orlando where i came from. rachel: am i hearing you don t like country music. you said that was from his play list. joey: that wasn t country. not even close. rachel: his play list is all country. will: he likes country. he s just messing with me. we share musical taste pretty much. we do. will: now a fox news alert. taiwan defense reported more than 70 chinese jets crossed the median line of the taiwan straight today and beijing deploying combat readiness patrols. rachel: we re not in trouble with the chinese right now, yikes. live fire drills unfolding as u.s. congressional delegation overnight doubling down on support for the island nation. got to frame the issues of taiwan as ccp is aggressive for a authoritarian communist
this is the ingraham angle. thanks for being with us tonight. welcome to the new patriacharchy. i always liked politics. i always likes drew barrymore. do you remember how you got the role in et? they interviewed me for poltergeist. they said she s not like the girl in the part, in the script. so kathy kennedy, the producer of e.t. said maybe she s right for e.t. drew barrymore, e.t. thank you for this award. i appreciate it very much. laura: at the age of 7 when most of us were playing hide and go seek, she now the power of film and how to use the camera for maximum effect. she still knows how to use the camera when she interviewed dylan mulvaney. we re all supposed to figure out who we re supposed to be. bravery, the risk i had no idea how vulnerable i was willing to get. coming out can be so intense. i kind of wanted to add some humor. it s my lifeline. i do think there was so much that came up this year that i had no idea that i was going to have