we just won an oscar to gather for all the little boys and girls who look like me watchin tonight, this is a beacon of hope and possibilities this is proof that dreams drea big, and dreams do come true and ladies, don t let anybod tell you you are ever past you prime. never give up! [applause] and on that, american dream affirming note, i wish you a good night from all of our colleagues across the networks of nbc news, thanks for staying up late i ll see you at the end of tomorrow thanks for joining us this hour. it s really good to have you here when we get a new president in this country, or when we get a president reelected for a ne term, that president i inaugurated. he, or maybe someday she, is sworn in to start a ne presidential term in january right? that s why it s always so cold january 20th is when the inauguration happens but that has only been tru since the 1930s. up until the 1930s, presidents did not get inaugurated in january. they waited another tw
we ll get access to all thei money, starting monday more details in just a moment. then, empty words from mik pence, he wants history to hol donald trump accountable for january 6th, but refuses t testify against the ex president. and then, two gop le committees are on the ropes, but me moments ago, treasury secretar janet yellen released statement along with the federal reserve in the fbi and see on this silicon valley bank saying, quote depositors wante access to all their mone starting monday, march 13th, and no losses associated wit the resolution of silico valley bank will be borne by the tax perry. this means that the taxpayer will have access to all th money starting tomorrow also announced it you are seein future bank was closed, and deposit is there would also be made whole the rapids demise of silicon valley bank, began with th surprise announcemen wednesday. you need to raise over two billion dollars to keep up its balance sheet, within 24 hours depositors had with
begin this hour with the 202 race for the white house as republicans tussle over the future of the gop. president biden lays the groundwork for potential reelection campaign. tomorrow, donald trump heads t iowa as he works to cement his hold over the republican primary voters jones visited come just thre days after his latest nemesis, former governor ron desantis for me, it it is in the firs of the nation state on friday. well desantis has yet to announce an official white house run. he appointed to th administration in florida as the, quote, blueprint for th rest of the nation we ll talk about that later in the show meanwhile trump s vice president, mike pence, i calling on his former boss for ten or a sixth that happened in washingto just last night. pence said trump was wrong whe he asked pence to overturn the 2020 election. thank trump put people ad risk the fallout of january six jus a series of legal woes for the president overshadowing th upcoming gop primary battle. t
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 confid
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 right