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making, but silicon valley s implosion is the biggest such failure since the collapse of our entire financial system 15 is years ago.o down next, and we ve got you covered in los angeles with kelly o grady on how all of this happened, at the white house with lucas tomlinson on what they hop next, in washington with former fdic chair sheila bair on why this won t be another financial meltdown, she hopes. and in florida with home depot cofounder bernie marcus who says that doesn t mean this still won t be a big confidence meltdown no matter what happens next. all that and nikki haley on cracking down at the border by sending u.s. troops to the border and a portland, oregon, businessman who was trying to make a living amidst a crime wave that is soaring, and city officials all but ignoring. busy show, busy weekend, and it all starts right now. welcome, everybody. i m neil cavuto. very good to have you. now to the our biggest story, that bank collapse and what it could port ....
trying to get cash out, prompting police blocking to the manhattan branch. nate foy joins us with the latest on this. hi, nate. hey, anita, this triggered the largest bank runs in u.s. history. withdrew $42 billion on thursday which worked out to over a million dollars every single second over a 10-hour period. a much more quiet day here than at the hone silicon valley branch in new york. as a dozen tech founders and ceo s showed up. they were turned away and the cops were called. take a look at the video. it happened after the shocking announcement of a $1.8 billion loss at the bank. depositors were turned away not only here, but also in california. the bank crumbled after a loss and they re known for the tech sector leaving startups in crisis mode. take a listen. if you re a start-up, cash is king. the cash and the work flow to be able to have runway is critical. so access to the cash to now to be able to pay your employees, to cover the expenses you ve got is t ....
white house with more on this, hi, lucas. lucas: it adds trillions to the national debt with $31 trillion and interest payments on the debt next year could one day approach the size of the defense budget. let that sink in. now here is house speaker kevin mccarthy adding more c conte. we ve only paid $9 trillion in interest. so he s going took us 80 some years to happen in less than ten years. lucas: let s take a look at biden tax proposals which would add more to the national debt. 25% minimum tax on people with 10 100 million plus dollars. 39.6 capital gains tax for people making over 400 grand. 28% corporate income tax, 4% stock buyback tax and 3. 8% surtax on investment income. late yesterday reports circulated that the white house will approve drilling in alaska. no final decisions have been made and anyone who says otherwise is wrong. now 3 years ago as presidential candidate as president he said he would never approve any drilling projects. no more subsi ....
week after the armed abduction before other americans. they traveled there from south carolina, just across the border into northeast new mexico. the surveillance video you see appears to have the government forcing them back into the tr truck. two of the americans were later found dead, allegedly murdered at the hands of the mexican cartel. that now is apologizing for the kidnapping. two other americans thankfully are back safe here at home. cooks don t sign for the federal government to step in and take charge and actually do something about the situation. i can the question needs to be race how many more americans are we going to lose? something needs to be done for their needs to be accidents enough of the rhetoric. arthel: border state congresswoman debbie les of arizona joins us in a moment. but first bill is alive in texas where those three women were missing began the journey. bill, what more can you tell us? arthel, good afternoon to you. we have learned to t ....
evening. hi, bill. reporter: hey good morning good evening to you two sisters as well as their friend all disappeared in mexico after crossing two weeks ago as you mentioned to go to a flee market to sell some clothes let s take a look at photos right now this is 47-year-old perez rios her older sister 48-year-old marina perez rios and friend dora alise none of them seen or heard from since february 24th again two weeks ago when they crossed into mexico. as you look at more photos of these women we ll tell you pd confirms us to families are in touch with them that families are worried would these women he been potentially kidnapped somewhere in mexico. local police department says they did contact the fbi. the fbi telling fox news they are aware of these missing women. they are investigating but cannot comment at this point in time an the local police here saying women last seen wearing green 1996 chevy siffled rad doe with texas plates and talk about where they crossed ....