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fargo, bank of america, jm morgan, morgan stanley lost $50 billion in market value in one day. that s a hit. on the other hand, those banks still exist. you can t say that for silicon valley bank. svb has gone under completely. that makes the second biggest bank failure in the history of this country. and the significant svb financed nearly half of all venture-backed healthcare companies in the united states. it held significant cash reserves for some of the biggest crip toe currencies. it s gone. federal regulators have rename it and taken it over. that means a lot of people lost a lotf of money. most of that money was not insured, no matter what they tell you. the fdic only guarantees bank deposits up to $250,000. nearly 90% of all deposits at svb exceeded that. and it s unclear if those people see their money again. in fact, when customers show up in svb s branch in manhattan to get the deposits back, managers called the police. so, what we have there is the 1929-s ....
Be something called the strategic petroleum reserve. and the biden administration depleted faster than any in history. they sent a lot of china. as they ve been doing that, they ve been attacking the american energy industry, killing keystone pipeline, banning drilling on federal land. yesterday, an actual expert called alex epstein testified we should keep our oil preserve and increase our domestic oil production. and in response to that question, cori bush, you know what she sid? did? she called him a racist. previously spoused white supremacy views. he came here to promolt fossil fuels which we know is disproportionately harming black and brown people. will our republican colleagues condemn white supremacy and work with us to ensure that this ....
very much. i think we ll take the house. we ll take the senate. and senate, we have great candidates running, we re raising money. the joe biden is cratering, looking at what you list, border, killing keystone pipeline, inflation. and the withdrawal of afghanistan debacle, defunding police. not letting parents be involved in schools, they are unpopular. if you want to help us, text win at 55404. and we ll have a great 2022, and make sure we stop the crazy stuff, we ll win in 22 and 24 and change the direction of the nation for the better. trey: senator rick scott, from great state of florida thank you for joining us. hope you have a great rest of your weekend. have a great day. ....
very much. i think we ll take the house. we ll take the senate. and senate, we have great candidates running, we re raising money. the joe biden is cratering, looking at what you list, border, killing keystone pipeline, inflation. and the withdrawal of afghanistan debacle, defunding police. not letting parents be involved in schools, they are unpopular. if you want to help us, text win at 55404. and we ll have a great 2022, and make sure we stop the crazy stuff, we ll win in 22 and 24 and change the direction of the nation for the better. trey: senator rick scott, from great state of florida thank you for joining us. hope you have a great rest of your weekend. have a great day. ....
very much. i think we ll take the house. we ll take the senate. and senate, we have great candidates running, we re raising money. the joe biden is cratering, looking at what you list, border, killing keystone pipeline, inflation. and the withdrawal of afghanistan debacle, defunding police. not letting parents be involved in schools, they are unpopular. if you want to help us, text win at 55404. and we ll have a great 2022, and make sure we stop the crazy stuff, we ll win in 22 and 24 and change the direction of the nation for the better. trey: senator rick scott, from great state of florida thank you for joining us. hope you have a great rest of your weekend. have a great day. ....