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any moment now, president biden will address the nation from that podium right there amid concerning questions about potential contagion in the u.s. banking sector. what does that mean for your money? a very good monday morning to you. im jim sciutto. >> and im erica hill. president biden expected to try to calm fears in a matter of moments when he does make his way to that podium, this amid the failure of two u.s. banks. were talking about silicon valley bank, which youve heard a lot ...

and thousands of workers across the uk switch to doing fewer hours for exactly the same pay, after the worlds biggest trial of a four day work week. president putin is to set out his latest thinking about the war in ukraine shortly, as the anniversary of the invasion of ukraine approaches. these are the live pictures from moscow — where hell be addressing both houses of the russian parliament and senior military figures. it comes a day after president biden�*s surprise visit to kyi...

of trumps role in the january 6th insurrection. and a new flood emergency in california threatens millions of skorm battered residents as the east coast braces for a powerful storm packing heavy rain, strong winds and possible blizzard conditions. welcome to our viewers in the united states and around the world, im wolf blitzer. youre in "the situation room." tonight, the biden administration is scrambling to respond to two of the biggest bank failures in history creating new peril for...

time, they are going to ensure all deposits, even those over $250,000 limit. investors will have insulation of the federal government, that is problematic. >> todd: alexandria hoff will break it down. >> regulators have waved the limit for depositors and know did the same for signature bank, which was shut down over the weekend. silicon bank, many assets were uninsured, it will prevent a run on banks and companies that bank with svb can make payroll. pinterest and zip recruiter, just t...

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 ...

thats a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. its a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal baili...

water rescues under way. ginger zee here in new york, rob marciano in california, both tracking it all. in new york city, just in t who drove that home depot truck into several pedestrians, killing them, has just learn h fate. ao news just involving the republican in tdeea lsenarte, mitch mcconn after hiea tsall, hospital, but not going home. mary bruce is live. the criminal investigation involving former president trump. the grand jury here in new york hearing from a key witness t...

the financial crisis, there were investors and owners of systemic large banks that were bailed out, and were certainly not looking at the reforms that we put in place means that were not going to do that again, but we are concerned about depositors and were focused trying to meet their needs >> treasury secretary janet yellen commenting on one aspect of the biggest bank collapse since 2008 well break down whats happening with silicon bank in just a moment. plus, well bring you mining...

coast of san diego well bring you lat itest. and former president trump heads back to iowa today. and amid the glitz and glam, a look at some of the historic wins during hollywoods biggest night. >> i cannot believe its happening to me. this, this is the american dream. we begin this morning with the federal government rushing to prevent a wide scale banking crisis after two of the countrys largest banks collapsed over the weekend marking the biggest bank failure since the 2008 f...

♪ ♪ its 10:00 a.m im lindsey reiser at msnbc headquarters in new york were following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank >> americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this well do whatev...