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additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know we do have the statemen straight from we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public ....
mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the bank if you talk to any members o congress, like our team on capitol hill, yesterday an today, the biggest thing the want is a sale of the bank and on the congressional side, the california delegation of republicans and democrat wrapped a briefing call this afternoon. they were briefed ahead of thi public statement they want both the engineering of a sale of the bank, and t raise the fdic limit ....
congresswoman ilhan omar about that as well as how she became target for house republicans and kevin mccarthy we are also keeping an eye o the breaking news in californi where there is major floodin in a weekend of extrem weather. new travel warnings from mexic after the disappearance of three women. plus this. drag queens are the marines of the queer movement. don t get it twisted and don t be distracted. register to vote so we can get these stunned queens out o office and put some smar people with real solutions int government rupaul ready for battle t fight back against the war o drag shows and trans americans across the country i will speak to former recal drag show contestant peppermin about all of that later on thi hour we start though with forme vice president mike pence. finally coming out of his shel a bit. and taking on the president he once served over january 6th which is something other potential gop rivals have ye done thus far. want to get right to nb ....
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Congresswoman ilhan omar about that as well as how she became target for house republicans and kevin mccarthy we are also keeping an eye o the breaking news in californi where there is major floodin in a weekend of extrem weather. new travel warnings from mexic after the disappearance of three women. plus this. drag queens are the marines of the queer movement. don t get it twisted and don t be distracted. register to vote so we can get these stunned queens out o office and put some smar people with real solutions int government rupaul ready for battle t fight back against the war o drag shows and trans americans across the country i will speak to former recal drag show contestant peppermin about all of that later on thi hour we start though with forme vice president mike pence. finally coming out of his shel a bit. and taking on the president he once served over january 6th which is something other potential gop rivals have ye ....