that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite
Nevada. s before another big issue its happening on the southern border thats for the latest Government Data shows agents have encountered more than 2. 3 million migrants in the fiscal year that ended just a few weeks ago. That number a record high. The head of the National Board of counsel blames President Bidens policies for the worsening situation. But theres absolutely no humanity. If you look back at the record previous to his administration it was just over 300 destin with over double that for just getting worse and worse and worse thats the problem. Bill is alive at the border in eagle pass, texas with more, bill. Parks arthel, good afternoon to bring eagle pass as part of Border Patrol Del Rio Sector which was the number one busiest sector with more than 470,000 illegal crossings went fiscal year 2022. We are picking up right where we left off or take a look at this video was shot earlier this morning here in eagle pass with her drone team this is another sizable group of well
this country back one step at a time. carley: bit is election day in america and we are less than an hour out from the first pole opening in vermont. you are watching fox & friends first on this election day. i m carley shimkus. todd: it is here and i am todd piro. the entire house of representatives, third of the senate and 36 races across the country on the ballot the balance of power in the future of our country at stake. carley: republicans need a net gain of five seats to take back the house. only one seat to flip the senate, and allies around the the battleground. brooke singman is live in palm beach florida with the latest, brooke. hey, good morning, today is a big day americans across the state as testing their pilots as early as 5:00 p.m. eastern. more than 34 million pilots have been cast by mail or in person early voting centers of the mike according to the associated press. the republicans looking to put both chambers of house. 35 seats up for grabs in 3
you are live in the cnn newsroom. i m jim acosta in washington. we want to have an update now on some breaking news coming in to cnn. dramatic new developments in a standoff that is believed to be connected to last night s mass shooting at a dance shooting in monterey park, california. police say the s.w.a.t. operation, part of this story, is now over, and the neighborhood is safe. this is the moment that police approached a van matching the respect s vehicle description, and then breaking the window. you can see there, and just a short time ago, police entered a second white van from torrance, california. the sheriff s department says they are working to determine at this moment if the driver of that white van is this man, their suspect. police have not released their name. they have not named him, but they describe him as an asian man, who is armed and dangerous. they believe he is responsible for opening fire on a lunar new year celebration, killing ten people and injuring
we ll get you an update on his condition shortly. we know the suspect has been booked on numerous charges, including attempted homicide as we heard from the san francisco police a short time ago. the suspect is 42-year-old david depape who police say attacked paul pelosi with a hammer and it happened after 2:00 a.m. that s when they got the call or the notification that they should head over there. we have fox team coverage ahead and also squeak we planned earlier. now there s a lot to talk to him about. lee zeldin, who is the candidate for governor in new york. crime is very central to this race in new york against the governor who took over when governor cuomo stepped down, kathy hochul. this race is getting very tight. a couple of one attempt on lee zeldin during the course of his running for governor and a very scary incident that happened with a gun and people hiding in his front lawn during the course of the campaign as well. ppening everywhere. first to jonathan hu