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tedious, tnt, and trutv, as well as on cbs. good luck with your brackets, and goodnight. >> good evening, everyone i laura coates, and welcome to cnn tonight. look, it's being called the first twitter fueled bank ran. customers withdrew 42 billion dollars. yes, i said billion with a b. it all happened in a single day just last week in silicon valley bank. the viral panic spreading on twitter, texts, and also attack -- group chats, which raises a ton of questions, like where do we get our information in who we trust with that information and what happens the next time? plus, what exac...

workers and pay their bills. hard working employees can breathe easier as well. no losses -- this is an important point. no losses will be borne by the taxpayers. >> dana: fox news alert. welcome to a new hour of "america's newsroom," i'm dana perino. >> bill: i'm bill hemmer. >> dana: a great monday morning. >> bill: good morning at home. president biden last hour reassuring americans the banking system is in tact after the second and third largest bank failures in u.s. history in the last couple of days. silicon valley bank in california. new york's signature bank yesterday. >> dan...

have been ringing the alarm bell for years. we begin with this fox news alert. >> john: president biden heading to california this hour after giving an update on the sudden collapse of silicon valley banks. the president sought to reassure americans, all while taking shots at top bank executives and republicans for the failure. welcome back as "america reports" rolls onto us again our appeared happy monday, sandra. here we go again. >> sandra: i'm sandra smith in new york. the news continues. 2:00 on the east coast. sounding off on the handling of this banks collapse. nikki haley off...

crisis that we've seen this kind of stunning bank collapse. that's why when president biden before the market came on the airwaves and told the nation that the government would be stepping in. watch. >> no losses -- this is important important. no losses will be borne by the taxpayers. let me repeat that. no losses will be borne by the taxpayers. instead, the money will come from the fees that banks pay in to the deposit insurance fund. >> martha: is that accurate? let's bring in david asman and fox business correspondent susan li. the market sold off a lot early on. bounced back. no...

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