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Federal deposit insurance corporation. this is an important point. no losses will be born by the t taxpayers. reporter: the biden administration saying its move is not a bailout of the banks like we saw in the 2008 financial crisis, but, rather, a decision to protect bank customers. the money to pay the uninsured depositors, such as it s needed, will come from a deposit insurance fund paid for by the banks. reporter: the news is welcome relief for ben kaufman, founder and ceo of kid store camp. most of his company s money was in svb when the beeank went undr we were panicked. we didn t know how we were going to make end s meet in the coming weeks. reporter: desperate to raise cash, his company slashed prices by 40% we sent out an email with a discount code. the code was bank run. reporter: markets closed mix as concern over what comes next for the smaller banks took a toll the stock value for regional banks declined more than 12% the white house had no choice ....
Is is aderall and other drugs. thank you for that. also this rng morning, hundr of protesters swarmed the construction site of a training facility in atlanta. we ll give you a live report ahead. also, unexpected surprise for kacie hunt delivering her second baby after just 13 minutes of labor. where? see oint the floor of her bathroom at home. she ll join us i in the 8:00 ho with her incredible story and hopefully a sneak pepeek of her adorable little one. ....
How that may proceed? yeah, this the fbi has beenabou investigating these types of hoceed?cases for decades. it is under title 18 of8 of e the u.s. code, its color of undr law, acting under color of lawld as trey gowdy just explained, means you re acting under y official your official duties during the course ofurse your official duties, of your official exercising thu been conferred on you. exercisire exercising them inpo an unconsciousng t manner. you re depriving someone ofe of a constitutional right under the color of your official position.color of your official. in t and in this case, their life. so is a parallel investigation at the fbi will run with the the state investigation. i don t e obviously has already indicted. i don t think the fedsthin will come in and actuallk the f indict if there are significantr sentences handed down. but if there s an acquittal orln if there aren t significant sentences handed down, they ll swoop in right behind this ....
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Something like this, is an incredible coincidence. you can t make it up. thank you so much. thank you, paula. coming up, counting down to the new year. in other parts of the world, 2023 is already under way. take a look at some of of these incredible fireworks in sydney, australia. (brent) people love subaru just because it stands for much more than just a car. (vo) through the share the love event, subaru retailers have supported over seventeen hundr hometown charities. ....