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additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know >> we do have the statemen straight from -- we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the d...

mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the ban...

>> you referenced immigratio -- biden ministration reportedl considering reviving a polic to detain migrant families a the border i wanna play some sound from the conversation we had last night with christian - the president and ceo of lutheran immigration refugee services take a listen. >> [silence] >> we do not have that sound congressman, but in essence, i believe the essence of what sh was saying is that the sometimes a choice between political expediency and doing the right thing. the other thing that strikes m -- we know that it doesn't work we have the counter proo point. what does it s...

Congressman, but in essence, i believe the essence of what sh was saying is that the sometimes a choice between political expediency and doing the right thing. the other thing that strikes m -- we know that it doesn't work we have the counter proo point. what does it say to you that i is even a consideration on the table? >> detaining families an immigrant children is wrong an dangerous. no matter which and the -- administration is in control and we cannot cave t right-wing pressure. you can't appease beyond a feasible even after the biden administration has taken steps to tighten the border i...