but the big guy says this fight isn t over. you know, these r republican officials just couldn tep bear the thought of providing relief for working class, middle clas s americans to up fighting for you. we ll use every tool at e studentsal , get you the student debt relief you need and reach your dreams. why didyour d you give millie borrowers false hope. i didn t get mars false hopei ,but the republicans snatched away the hope thatca they were given. and it s real, real hope. did you overstep your authorit > ? i think the court misinterpreted the constitution . here it goes. but maybe biden should savefh some of that anger for nancyat pelosi. the supreme court actually using the former speaker s own words inin their ruling. people think that the president of the unite d states, the power for debt forgiveness. r for he does not. he can postpone. he can delay. but he does not have thatas to power. that would have to bbe an ace a. congress. yeah, as yo u imagine
state of our economy. good evening. the day started well enough for biden with a jobs report showing the u.s. economy adding 311,000 jobs last month. we created more jobs in two years than any administration created in the first four years. it s no accident. it mean our economic plan is working. but that good news was quickly overtaken by bad news that could get a lot worse. thank you. thank you. silicon valley bank may not be a house hold name. but it is a very big deal in term of lending to and financing operations of many leading tech companies. and today, it collapsed. struggling with high interest rates, unable to find a buyer. well, the very last time we ve seen a bank of this magnitude fell was in 2008. and, that could be a true indication of where our economy is at. now, the white house insists comparisons with the financial crisis of 2008 are overblown. our banking system is fundamentally different because of the changes that we put in place in 2008.
and great o knowt our state is n but we also know there s a certain role for the federal government. one of those responsibilities n g our border. since joe biden has been president , nearly six million f migrants have crossed into our country. joe bide n has filled in that responsibility. so we in texas are very perplexed that the biden administration is decidingd titl to end title. forty two . we know that there s going to be a massive surge as border officials brace for the liftingl of title. forty two in less than two weeks on fox news has annk exclusive look at the surge that has already arrived on the banks of the rio grande in brownsville, texas, across from matamoras, mexico, acrosseg the entire southwest border,ge the numbers are staggering. agents have encountered0 more than 22000 migrants in the last 72 hours, leaving three border cities to declare states of emergency. brownsville, laredo, and el paso. thilasts is jus fall,t not fn since last fall, the state of i
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 portend fo