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
and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now it s in receivership and run by the federal deposit insurance corporation. it s a dramatic played out amidst talk there could be other problems out there. kelly o grady has more from los angeles. kelly. good morning to you, neil. yes, it s the second biggest banking collapse in u.s. history. the first major one since 2008 and it all happened in the span of 48 hours, what started this is svb found its self short on cash. the stock was plummeting. invests warned they might not be able to raise money and a bank run and loss of clients and simultaneously tried to withdraw fund. and the regulators have taken over it and insured depositors will gain access by monday. fallout could be dire. roughly 50% of venture capi
i m john roberts in washington and she goes by the nickname the python huntress and it s an interview you ll only see all new at 2:00. sandra: it is a busy friday here and we have a lot of news to get to and the white house is facing questions this hour after the president rolled out that plan to hike taxes 4 trillion for the $4 trillion and imposing more spend during the inflationary times. john: we start with stunning results of a vote on capitol hill and the house voted eunanimously and covid-19 and te vote was 419-0, which means every democrat that was president voted yes. sandra: this is happening exactly three years to the day, john, after the world health organization declared covid-19 a global pandemic and setting off a series of decisions to shut down the world and leaving the big question where did this virus come from? john: for years there s been an unwillingness by media and many democrats to look at theories beyond the narrative that came from the to
sexual encounter. trump himself is long denied any wrongdoing is: brexit investigation political witchhunt. cavuto coast-to-coast is true social platform and all caps no less to announce investigator or pursuing a fairytale he claims has long been debunked before president went even further calling for in his words take our nation back. some have interpreted that as a rallying cry to his base, came to the type of language used and of the generally sick storming of the capitol some two years ago. welcome everybody i am neil cavuto. fast-moving legal developments this saturday morning here back-and-forth on not only truth social from the president and some of those who speak on his back by half. but the legal community wondering how long you can go with a possible arrest done to fingerprinting and all of that with the secrets is having a great deal of influence and sway us to decide how far that goes for a former president looked get right to it right now with tom diprete the
ahead of his presidential run in 2016 had paid off a former porn star with our $1000 check, his former lawyer and top confidant said the opposite. now comes tuesday with questions as to what this would mean and if it would trigger a new wave of protest. no less than the former president encouraged on the same truth social site. our 2 of cavuto live. i am neil cavuto. reporter: trump spokesperson says the former president hasn t heard directly from the manhattan da s office but heard about it through illegal leaks, he is reacting and his truth on his truth social accounts, just saw it but look at part of the quote, he reads, quote, with no crime being able to be proven into based on an old and debunked by numerous other prosecutors fairytale, the far and away leading republican candidate and former president of the united states of america will be arrested tuesday of next week. protest, take our nation back. this case centers around a one hundred $30,000 hush money payment t