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Since the financial crisis of 2008. cbs's willie james inman is at white house with the latest. good evening. >> reporter: good evening nancy, silicon valley bank, the fallout happening within a matter of days. this follows a bad bet and loss on bonds. that led to a run on the bank which caused the second largest bank collapse in american history. following the collapse of s silicon valley bank this week, officials in washington are expressing concern. >> when banks experience financial losses, it is and should be a matter of concern. >> reporter: silicon valley bank is the 16th largest in the...

Is not 2008. and since 2008, the guardrails and provisions have been put in place to respond to issues like this. so the white house is really projecting optimism about this really while they are monitoring this very closely. >> $209 billion in total assets just kind of poof. jasmine wright from delaware, thank you so much. a race for 2024, iowa is ground zero right now for republicans. both declared and potential candidates flocking to the hawkeye state. >> former governor nikki haley, ron desantis and former president trump all make ing sts in iowa. cnn reporter steve capurno has details o...

Business. google said that will hurt the customer. joining us now is christine romans. how did we get to this point? >> the doj has said this is a crescendo of dominance in this industry and its practices are a monopoly. let's listen to merrick garland, the attorney general, when he announced this. >> for 15 years google has pursued a court of anti-competitive conduct that allowed it to halt the rise of rival technologies, manipulate auction mechanics to insulate itself from competition and force publishers to use its tools. >> it's been wildly profitable. this is the big player in this arena....

The proposal is meant to prevent devastating wildfires. california has a lot of them. the judge demanding answers on the role pg and the plate in the deadly camp fire which killed 86 people last year. he has been in office less then a week with california governor gavin newsom pushing for a massive state budget hike. the democrat proposing $209 billion including expanding education, affordable housing and healthcare initiatives to cover illegal immigrants. officials had until june 15th to approve this record-setting amount. a north dakota farmer with a message too big to be ignored plowing bui...

High-capacity magazines. bank of america announced their intention to take action as well. >> it is not our intent to underwrite or finance military style firearms. >> are you going to get out of lending to companies that manufacture military style weapons used for civilians? >> yes. >> reporter: last month new york's comptroller urged companies to follow that lead. according to a report, letters were sent to 9 companies and asked them to explore whether gun transactions should be classified with restricted high-risk purchases, illicit drugs quote to currency. oversees the new york state retir...