time, they are going to ensure all deposits, even those over $250,000 limit. investors will have insulation of the federal government, that is problematic. todd: alexandria hoff will break it down. regulators have waved the limit for depositors and know did the same for signature bank, which was shut down over the weekend. silicon bank, many assets were uninsured, it will prevent a run on banks and companies that bank with svb can make payroll. pinterest and zip recruiter, just to name a few. fdic reads, depositors will have access to their money starting monday, march 13th. no losses will be born by the taxpayer. the president is preparing additional comment. what about the banking crisis? president biden: tomorrow morning talk to you tomorrow morning. the president is set to deliver remarks at 8 a.m. eastern time. a bank bailout was never on the table, said janet yellen. there were investors and owners of systemic large banks that were bailed out and we re cer
insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, quote
And he addressed the backlash his administration has faced at moorhouse and across the nation over the israel hamas war. I support peaceful nonviolent protests. Your voices should be heard. And i promise you i hear them. Im Nikole Killion in atlanta, where President Biden meets mixed reaction at moorhouse as he makes some of his most extensive comments on the war to date. Also tonight, the latest on a developing story out of iran, and the Search And Rescue efforts after an apparent Helicopter Crash involving president ibrahim raisi. Plus, combs confession. I take full responsibility for my actions in that video. The music nomogul takes to social media to address that viral violent video. What hes saying about it now. And tonights, millions of americans are under the threat of Severe Weather. Well have the forecast. And later, a block burst rewind. The Grassroots Efforts to bring back an oldschool classic. I love finding new things, and you dont know whats inside. Its kind of like a pre
which is the government response to hillsborough report. now time for the day s sport. hello and welcome to sportsday. our top stories. just one goal. the difference between disappointment and reaching the nations league finals. as england also fail to qualify for the olympics on behalf of team gb. late drama too in the premier league as the teams below leaders arsenal now have a bigger deficit to bridge. returning to the scene of her greatest triumph. caroline wozniacki s comeback will take her to the australian open. hello again. it was the moment that the paris olympics were taken from team gb. england s lionesses were powerless to stop it. beth mead was devastated while manager sarina wiegman said it really hurts to miss out on both a place in the nations league final. and a spot at the games by a single goal. it came after england had already thrashed scotland 6 0 as katie gornall reports. after an anxious wait came the realisation and then the heartbreak. their olym
really will be quite heavy, even as we go through thursday night, so the chance of localised flooding in places is that rain moves north east on friday for a dip linked in with this area of low pressure, which means on friday it s going to remain quite unsettled. further showers spreading the northern ireland into much of england, wales and scotland. some bright, sunny spells in south eastern areas but again that milder air is with us, so no frost orany milder air is with us, so no frost or any problems with ice or snow. temperatures will be seven to ten or 11. over the weekend, temperatures will be seven to ten or 11. overthe weekend, it temperatures will be seven to ten or 11. over the weekend, it stays unsettled. there will be spells of rain and also some sunny spells at times. it s not going to be completely wet temperature is ten to 14. thanks, simon. and that s bbc news at six. you can keep up with all the latest developments on the bbc website. now it s time to join ou