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we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. ....
Could see someone sitting in front of him and talked about the scary incident with one boy very close to that hole in the fuselage. take a listen to him. i understand talking to a lady who was sitting in the row immediately behind where the panel blew off that there was a you could see later that there was a two-window section panel that blew out about as wide as a refrigerator and two-thirds as high. she said there was, i guess, a boy and his mother were sitting in that row and his shirt was sucked off him and out of the plane and his mother was holding on to him. she said her own little boy s phone went out, too. reporter: some of the passengers also reported hearing a loud bang when this incident happened followed by a whooshing sound. this is a new plane that had only been flying for ten weeks. it actually got its certificate of air worthiness in october. it has flown about 150 flights so far, but still a new plane having this incident happen is worrisome to many. some of the ....
A lady who was sitting in the row immediately behind where the panel blew out that there was a you could see later that there was a two-window section panel that blew out, about as wide as a refrigerator and two-thirds as high, and she said there was, i guess, a boy and his mother were sitting in that row and his shirt was sucked off him and out of the plane and his mother was holding on to him on to him, and she said her own little boy s phone went out, too. reporter: some of the passengers reported hearing a loud bang when the incident happened followed by a whooshing sound. all extremely noteworthy because this was a plane that had only been flying for ten weeks. it got its certificate of air worthiness in october. it has flown about 150 flights so far, but still a new plane having this incident happen is worrisome to many, but some of the experts we have spoken to do say that if this was going to happen it s better that it happened at the altitude that it did instead of at a ....
Fuselage. so that s the first place i would look, is when was that door last accessed? did it come from the factory that way? it s unlikely, because if it did, then that door would have come off a long time before now in the initial flights. it s been flying for about ten weeks now and it would be strange that it suddenly failed like this. it looks to me like the mounts are intact. flying for about ten weeks, received its certificate of air worthiness on october 25th. so just a couple of months ago. with that context that you believe that this is something relating to the installation of this unique aircraft, what s your thought on the grounding of the entire 737 9 fleet within alaska airlines, and do you think it s necessary to do that with these planes that are owned and operated by other airlines? well, i would start by looking at what it takes to do an inspection. ....
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