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we ll today, ashleigh. good morning, you know, over the weekend, the government also shut down new york signature bank, so this action will apply to those customers as well. even uninsured depositors have been given the guarantee that their money will be returned in a joint statement by the treasury. federal reserve at f d. i c reads quote, depositors will have access to all of their money starting monday, march 13th no losses associated with the resolution of silicon valley bank will be worn by the taxpayer, the president said. that more will come today. president over the crisis. what s that? , access to all of their money starting monday march 13, what is that? we are expecting to hear from the president at 8:00 and all of this emergency action was a ripple effect. and also protect the payroll for companies with svp. may need recognize like fitbit , there is no consequences to their actions. treasury secretary janet yellen said a bank by little else was never o ....
insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, ....
the financial crisis, there were investors and owners of systemic large banks that were bailed out, and we re certainly not looking at the reforms that we put in place means that we re not going to do that again, but we are concerned about depositors and we re focused trying to meet their needs treasury secretary janet yellen commenting on one aspect of the biggest bank collapse since 2008 we ll break down what s happening with silicon bank in just a moment. plus, we ll bring you mining pence s strongest criticism yet of former president donald trump. those comments came off camera we ll have them for you. and my new reporting on the growing differences behind the scenes between washington and kyiv and the growing of the war and how and when the conflict may end. good morning and welcome to weathe way too early on this monday i m jonathan lemire. president joe biden will address the nation following the second largest bank failure new state history. at 9:00 this ....
and killed. two other americans, a writer and a dental student were mistaken for dea agents, also tortured and killed by the cartel. after the murder. the u.s. unleashed will hounds of hell for mexico, the message for the cartels and corrupt mexican government giving sanctuary to the cartels, 40 years letter, americans are still dying, and mis missing in mexico, this week 4 people were traveling for a susurgical procedure, two were killed, and two were kept alive. texas law enforcement is warning americans to think twice before visits mexico, trucks are big business in mexico, but so is tourism. and so is having a good relationship with the united states part of having a good relationship, is not letting americans die or go missing when they visit. some republicans now want to use the military to go after the cartels, which is a little surprising given the number of republicans who don t want to use the military anywhere else, not in afghanistan, where rape victim ston ....
on privacy and content concerns, as well as the company s connection to the chinese government. we ll have the highlights for you just ahead. plus, what we re learning about a drone strike overnight in syria that killed at least one american and injured a handful of u.s. service members. a lot going on. good morning. welcome to morning joe. can you believe it s friday? it s friday, march 24th. you know, it is friday. you know, willie, it is interesting. you have trump raising $1.5 million off of this. puck noted last night that people around donald trump see this as a bad sign. his fundraising prowess is dried up. he s worn out all of these lists. he sent spam out for six years, seven years. the small money donations just aren t coming in. you know, right after access hollywood, he raised $11.5 million off of small donors. after the fbi raid last summer at mar-a-lago, as he called it, he raised $2 million in two days. he s raised $1.5 million over the week. wh ....