hello, i m briana keilar in washington. right now wall street and main street are wondering if more dominoes will fall or if the biden administration s drastic action following the second largest bank failure in u.s. history will stave off a broader financial crisis. this morning president biden assured americans that their money is safe after the federal government takeover of silicon valley bank and the smaller signature bank. svb may be a new name for many people, but it was a go-to bang for the tech sector. high-pro-final companies like roku, etsy, and fitbit were clients. some had hundreds of millions of dollars tied up with svb. all those deposits are guaranteeduncle sam. all customers who had deposits in these banks can reassured they ll be protected, and they ll have access to their money as of today. no losses will be born by the taxpayers. instead, the money will come from the fees that banks pay into the deposit insurance fund. the management of these banks will
himself. he refused to testify to the house january 6th committee, he said congress had no right to his testimony. he s fighting a subpoena by the special counsel investigating trump s role in the january 6th insurrection. joining us to discuss is margaret talav, senior contributor for axios, and ambassador norm isen, former house judiciary special counsel in trump s first impeachment trial. margaret, what do you think of what pence said? i mean, i was in the room for the gridiron event on saturday, and i have to tell you that as former vice president pence was speaking, every journalist this that ballroom immediately stopped, licensed, and said, okay, he s making news here. so he clearly wants at least in that room and for national coverage to lay down a marker that he has sort of the moral authority lane in a pers lain perspective run.