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top of the hour now on cnn newsroom. i m john berman. this morning president biden reassuring americans that the u.s. banking system remains safe. this despite the failure of two significant banks within 48 hours. silicon valley bank and signature bank have now been taken over by federal regulators. all customers who had deposits in these banks can rest assured. rest assured they ll be protected and they ll have access to their money as of today. that includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for business. no losses this is an important point. no losses will be borne by the taxpayers. the president emphasized the customers will be fully protected while the bank s managers and investors will be held accountable. he also outlined the emergency measures his administration took to protect the bank s customers. cnn s priscilla alvarez is with us. look, a lot of this is trying to ease the an ....
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They knowingly took a risk, and when the risk didn t pay off, investors lose their money. that s how capitalism works. there are still risks here, and officials are watching this in the hours and days to come. president biden taking the opportunity in his remarks today to assure americans that the banking system is safe. all right, priscilla alvarez, thank you. the president also urged lawmakers to strengthen the rules for banks to prevent this from happening again. one california democrat has already called for an investigation into what happened to svb. cnn s jessica is on capitol hill. reporter: there s plenty of blame to go around here, but depending on which side of the aisle you re talking to is what answer you re getting and what they should be doing. what we do know is democrats and republican leadership both ....
And i know i m going to see a lot more patients than i normally would. like you said, some of it is going to be covid, and especially in patients who aren t vaccinated. but most of it isn t. a lot of it is just patients who were forced to delay care because of the pandemic and that s catching up to us. i ve got to tell you, added to the staffing shortages we re facing and mild breakthrough infections we re seeing in our staff and their families, it s going to be a tough few months for us in the hospital. i m sure it will be. our hearts go out to everybody working in health care toward the end of the year as they re facing this again. meanwhile at home, laura and i are doing risk management every day trying to keep our families safe and decide what to do and weigh the information that s changing as we learn more every morning about omicron. it s spreading faster but appears to be less severe than delta. we zero in on this chart of hospitalizations. you can see the summer surge there w ....
Now, the president making clear that americans who are vaccinated should continue their holiday plans. but also made clear those who are not vaccinated simply should get the shot, and they could face severe illness. really delivering a stark warning from the state dining room of the white house. with christmas trees flanking behind him, talking about the reality, the blunt reality here that a dark winter does indeed exist for the unvaccinated. but the president also stepping into that role of comforter in chief with this message for americans. are we going back to march 2020, not this last march 2021, but march 2020 when the pandemic first hit? that s what i keep getting asked. the answer is absolutely no, no. i know you re tired. i really mean this and i know you re frustrated. we all want this to be over. but we re still in it. and this is a critical moment. ....