Stay updated with breaking news from Hit friday. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
friday, the federal reserve took some responsibility for the collapse of silicon valley bank, the second-biggest bank failure in u.s. history. in a scathing report, the fed found its own supervisors failed to take forceful enough action to address growing risks at the bank. the report also pointed to trump-era bank reform that loosened regulations for mid-sized banks. and errol, lmonth, preside rato nd wayleo on mid-sized banks th could not take congressional authority. meanwhile, the federal review that was released on friday outlined regulations and oversights, but the same report acknowledged that it could take years to implement any changes. errol. >> all right. willie james inman, thank you. and i have to say it, now, to another willie. it's willie nelson's 90th birthday. tonight, the lone star legend is celebrating with first of two concerts at the hollywood bowl. nelson's career began back in the 1950s, and it has really never stopped. he's written some of country
price plummets. san francisco resident mario molina withdrew some of his money from first republic bank on friday, worried the lender could go under. >> word is they might close down next week. >> reporter: possibly tomorrow. according to media reports, the fdic asked jpmorgan chase and pnc to submit final builds to buy first republic by sunday. the bank stock price plunged 80% in march, a direct result of the collapse of silicon valley bank. shortly after, nearly a dozen larger banks propped up first republic with $30 billion. despite that infusion, the stock took another hit friday, losing 40% of its value and closing at $3.51 a share. >> no acquirer want to buy a dead bank. look for some kind of deal in terms of continuing deposit insurance coverage on uninsured deposits. >> reporter: it's important to remember the fdic guarantees deposits of up to $250,000.
that makes things fairer but also more orderly and safe. >> authorities have said they expelled migrants at the u.s. mexico border nearly 2.5 million times since the covid policy wouldn't put in place, march of 2020. friday, an appeals court rejected an attempt by 19 republican led states to temporarily keep title 42 in place. a certain court could intervene before wednesday. meanwhile, the department of homeland security laid out a six pillar plan to help support the migrants coming to the border. and in el paso, texas, the mayor declared a state of emergency and an influx of asylum seekers. remember the city council told us about how el paso is approaching this. >> el paso is always approach this with a humanitarian and dignified approach to blend of silence coming to our community, but also keeping in mind that we are going to be compassionate to all persons.
daughter were killed in a horrific car crash, just weeks after he won his first senate race. the president and first lady -- saw brandeberry by attending the family church in wellington, delaware. the northeast could face a big winter storm this week expected to hit friday. snow and freezing rain from the great lakes, check your flight before heading out for what could be a cold holiday. more american voices, right after this break. >> break >> wait, are you my blind date? dancing crew. trip for two. nail the final interview. buy or lease? masterpiece. inside joke. artichoke. game with doug. brand new mug. come here, kid. gimme a hug. have you gotten your updated covid-19 booster? they're designed to help protect against recent omicron variants. schedule yours at vaccines.gov. ♪
i said are you threatening to bluff here. >> there's 50 democrats willing to take this bill and vote no. there's not that many republicans to offset the loss. a three-vote margin in the house between the house democrats and republicans. the other thing that pelosi has made this had a thursday vote because october 1st, friday, that's when the current funding for a lot of transportation programs expire. that could hurt districts, progressive districts, conservative districts and moderate districts, and members will want to make sure that's extended somehow, so she's setting up a cliff and putting a lot of pressure on these guys and girls, gals to fall in line. will they? we'll see. >> somehow you say. >> reconciliation is really the entire ball game for progressives because they are not getting anything else whether it's immigration, voting rights, other issues right now. >> police reform. >> yeah. >> a lot of things progressives are saying they will do this year have collapsed. we'll so how this goes, a
really being hammered out. this is a critical week for the president's agenda. it will be a defining week, but what it's actually going to come down to by the time we hit thursday and hit friday is far from clear right now, john, and so the president has spent the better part of the weekend on the phone with lawmakers. his staff, of course, has been on the phone with their staff as well as they are trying to figure out what this is going to look like and how they can make sure they get all 50 of those democratic senators on board and also make sure that those house progressives don't sink the bipartisan infrastructure bill. the heart infrastructure bill and, of course, this is on top of the fact that when the vote happens on thursday, john, it's going to be within hours of the government funding set to lapse as they are facing decisions on passing that keep the government funded and also when it comes to the debt limit, so there are a lot of deadlines and critical ones facing the white house this week and, of course, the question of how it all fays out still far from certain and we could hear from the president thon when he does get his booster shot in the next hour. >> fascinating workweek for the
i think those qualifications actually are really perfect. i think we need some of that in congress. >> maryann, thank you very much. thanks for launching us on this race. the excitement building in sochi, as athletes continue to arrive ahead of friday's opening ceremony. matt lauer is already there and this morning he spoke to the men's bobsled team. they'll be trying to defend their history making gold medal win from 2010. >> actually really confident. we have two great sleds coming in, brand-new bmw 2 men and he have three incredible athletes and i'm four years more experienced. having experience and being prepared takes a lot of pressure off. your mom has a mom cave! today i have new campbell's chunky spicy chicken quesadilla soup. she gives me chunky before every game. i'm very souperstitious. haha, that's a good one! haha! [ male announcer ] campbell's chunky soup.
which suggests there is evidence but has not delivered that evidence. >> it's like -- he has evidence. >> he has clear evidence then claims there is evidence, there's no different than when joe mccarthy says -- >> we have to be very careful. >> careful. he claims to have evidence. >> he is a man looking for immunity or at least his lawyer suggested that when he took the fifth and looking for the port authority, his former employer to pay his legal bills. there's a lot going on here but then chris christie shoots back and doesn't exactly state what it was he was accused of. the contemporarious nature of his knowledge. >> on friday, the new york times did the response clearly written by staff. then the next day they had a response, little more lawyered up. then this response that went through this entire memo and decided to dredge up issues about wildstein in high school could only have been written by one person, chris christie
they want the case dismissed. the devastation beyond belief around the world in the philippines. it is our top story tonight. hundreds of thousands searching for food and water after the biggest storm recorded in history. super typhoon haiyan hit friday. as many as 10,000 are feared dead. but given the lack of access to so many areas at this point it is virtually impossible to give you any kind of a full number. we can tell you at least 600,000 are displaced. the storm left a path of destruction which stretches across the entire island nation. andrew stevens is at the airport in tacloban which is one of the hardest hit areas. that's right where the storm went through. andrew is "outfront" tonight. what's the latest there? i know it's been raining a bit and obviously it's tuesday morning where you are. >> reporter: that's right. tuesday morning. and it has absolutely been pouring for the last 12 hours or
they were arguing, things got physical and she pushed him, she says, accidentally off the cliff. the blindfold theory hardly seems plausible. they want the case dismissed. the devastation beyond belief around the world in the philippines. it is our top story tonight. hundreds of thousands searching for food and water after the biggest storm recorded in history. super typhoon haiyan hit friday. as many as 10,000 are feared dead. but given the lack of access to so many areas at this point it is virtually impossible to give you any kind of a full number. we can tell you at least 600,000 are displaced. the storm left a path of destruction which stretches across the entire island nation. andrew stevens is at the airport in tacloban which is one of the hardest hit areas. that's right where the storm went through. andrew is "outfront" tonight. what's the latest there? i know it's been raining a bit and obviously it's tuesday morning where you are.