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state regulators wasting little time to take possession of silicon valley earlier today before a sudden cash crisis risks becoming a bigger one. then just as quickly reassuring investors their money was safe. the fdic taking control of silicon valley bank s deposits and letting customers know that they would have access to their funds by monday morning. it was all meant to avoid a run on the deposits and one that could spread. neither happened today. janet yellen said she was watching silicon and a few other banks she didn t name very carefully. other government officials stressing that silicon s case was very unique. in the case of silicon, it happened very fast after announcing a big loss on the bond holdings earlier this week. most of the bonds were bought long before the aggressive rate hikes that began almost a year ago. meaning those investments were underwear as bond prices declined and silicon was struck. today s strong employment report showing a bigger than ex ....
what a moment. remember when we were on the court last week and we did that interview with tnt, they asked us about that and i got the note from kareem, he said he was very proud. people thought that he d be upset that someone is taking his record. but he said he was very proud and he was on the court last night. what a night. good morning, everyone. we re for getting we re on television. you can see we re this washington. the capitol is behind us and it is another big day for washington. the state of the union happening last night and president biden delivering his second address to a divided congress. he was heckled and booed and kept the focus on issues impacting middle america. highlights straight ahead. also survivors are still be pulled from the rubble in turkey and syria. the death toll has now risen to 9500 people from that earthquake. see the heartbreaking images this devastating story. we ll take you live to turkey. and we begin with president biden fa ....
very good wednesday morning to you, i m jim sciutto. and i m erica hill. today president biden taking that state of the union message to the battleground state of wisconsin. it s part of a two-day swing where he will be touting his administration s accomplishments and also which of course were laid out during last night s address. sounds like the start of a campaign. president biden s speech set the stage for a likely 2024 bid. he vowed to, quote, finish the job. while making a point to call for unity and bipartisanship, asking to work with republicans even as he sparred with a handful of republican lawmakers on a number of topics. instead of making the wealthy pay their fair share some republicans, some republicans, want medicare and social security to sunset. i m not saying it s a majority. i m not politely not naming them, but it s being proposed by some of you. look so, folks, as we all apparently agree, social security and medicare is off off the book ....
the restrictions claiming rescue teams have been using twitter to communicate. our reporter is in turkey, as the golden period for finding survivors rapidly comes to a close. reporter: a 5-year-old emerges from underneath the rubble in turkey s hard hit city. one of hundreds of young lives saved. but for too many, it was too late. in this town, they mourned one of the many who did not make it out alive with. the death toll rising by the hour, this is a race against time. how many are buried in this massive quake zone, nobody really knows. estimates in the tens of thousands. here, search and rescue crews work tirelessly around the clock, digging through a 14-story residential building where families lay asleeve when the earthquake hit. survivors have gathered at the site of the rescue mission, and in the bitter cold, they huddle around these fires. everyone with the story of the horror they survived. the shock, the trauma, the pain visible on every face. parents doing ....
they shot at everyone. you can see the trees yeah, in the trees, it s everywhere. on april, two, i came here as well, already in bucha self. and the first place, i was here on this square. and here i can show you photos, i have photos of my library. you was one car with a killed man inside. that was a man who worked in bucha for, like, park maintenance, and humor was trying to take wounded people to the hospital. and he transported several, then he again came back. he was killed right here by russians. there was a car with his buddy inside. and here was another car which he just smashed with a person inside. oh my gosh, there was a person inside? yeah, yeah, powerful. if you are pointing out the bullet tore holes in the trees, it looks normal. it looks normal, right. it looks like a suburban community. people going about their business. it s early morning now. you can see traffic is happening. explain that to me because when you are in kyiv it looks norm ....