that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite
sensitive. officials say these were taken from mar-a-lago even after donald trump s team claimed they had handed over everything. i m john berman with brianna keilar. while you were hopefully sleeping the most comprehensive filing yet from the department of justice, explaining what they found at mar-a-lago, why they executed a search warrant. the government says it developed evidence that government records were likely concealed and removed from the storage room at mar-a-lago and that efforts were likely taken to obstruct the government s investigation. and when they searched the government seized twice as many documents marked classified as the trump team had given them when they claimed they handed over everything. the filing included this photo, documents that had yellow tabs, red tabs, you can see right there, marked secret, top secret, sensitive. these were taken from containers and they were spread out on the floor by the fbi. this is how the fbi chose to display them
investigators, there were more classified documents beyond what trump turned over to the national archives earlier this year. let s bring in former federal prosecutor michael zeldin. what is your reaction to the reports of an informant here that there was a meeting at mar-a-lago in june, after that meeting someone informed law enforcement that there were more documents that were unsecured? is this a possibility that this informant is from trump s orbit? well, it would make sense that somebody within the trump world, within the mar-a-lago complex, had knowledge of the existence of additional boxes, 12 as we learned, and they decided that it was important to honor the obligations of law enforcement and let them know where these things were and so it went. with all the people coming in and out of mar-a-lago, i mean, you can see why investigators would be concerned if there were documents that would pertain to national security for example. and we know that investigators had
at the president s home. now the trump team is not planning to release its copy of the search warrant. the albany times unions and judicial watch have asked the judge to publicly release it. bill: happening at the same time the former president testifying in new york yesterday part of a separate civil investigation into business practices. he declined to answer any questions calling the probe part of a larger witch hunt that left him no choice but to plead the fifth. dana: the white house and d.o.j. remaining tight lipped refusing to explain monday s unprecedented raid. it s not something that i can talk about. i would refer you to the department. bill: president biden ignoring those questions as he heads off to a vacation with his family in south carolina. on that trip on camera climbing up the steps of air force one, his son, hunter, who is also the subject of an ongoing federal investigation. team fox coverage begins now. byron york, david lee miller in new york an
we have a lot for you this hour, and we re following several major stories. president biden is about to sign a pact act, a major piece of legislation aim at expanding resources and benefits for millions of benefits exposed to those burn pits and other toxic substances. we ll take you live to the white house in just a moment for the signing. and it is just an extraordinary legal week for former president donald trump as he faces several major investigations. right now former president trump is sitting for a deposition with the new york attorney general s office, and this is in connection with a civil investigation into his businesses finances. it does come just two days after the fbi search his florida home known as mar-a-lago. the justice department was concerned trump had not returned sensitive documents. we have former details about how the president may frame his defense. let s begin this morning at the white house where president joe biden is about to sign that extra