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the ongoing turmoil. cbs s scott macfarlane is on capitol hill. reporter: california-based first republic bank becomes the third u.s. bank this week rescued from collapse. the infusion of $30 billion to save the troubled lender came from 11 of the nation s largest financial institutions. first republic have lost a quarter of its value by noon today and rattled markets. [bell rings] it would later rebound, with wall street traders said this was only a short-term fix. is that a long-term solution? i don t think so. are there other companies that have exposure to the bigger systemic problem? very possibly. reporter: nervous first republic customers have seen their banks value plummet since silicon valley bank collapsed last week. i was definitely concerned with the financial situation, you know, after two banks went under. reporter: treasury secretary janet yellen, who negotiated today s rescue with, among others, jpmorgan s jamie dimon, went to capitol hill today to quiet the c

First republicScott macfarlaneCapitol hillCalifornia based30 billion0 billionWall streetBell ringsSystemic problemTreasury secretaryJamie dimonJanet yellen