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not testify about hush money payments to an adult film star. it comes as his former fixer, michael cohen, does appear before the grand jury. our nbc news exclusive. uk prime minister rishi sunak. his first u.s. broadcast interview since taking office as he joins president biden and australia s leader to announce a nuclear submarine deal. his tough words for china, calling it a systemic challenge to the world order. what he thinks about the origins of covid and what s his relationship like with king charles? and winning everything at the oscars. the movie making history on hollywood s biggest night. announcer: this is nbc nightly news with lester holt. good evening, everyone. president biden was up early in front of the cameras before the markets opened this morning in a move to calm jitters following a pair of bank collapses. mr. biden declaring the banking system is safe and telling customers your deposits will be there when you need them. new york s signatur ....
it s 10:00 a.m i m lindsey reiser at msnbc headquarters in new york we re following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this we ll do whatever is needed. the government is taking extraordinary new steps to ensure customers will have full access to their money, a major move by the treasury and the federal reserve to shore up the banking system and prevent the panic from spreading to other banks. plus, a promise no losses will be shouldered by taxpayers and officials will hold the people responsible fully accountable. more on this in moments and what you need to know about your money. plus, no-show. donald trump s lawyers say ....
the president says everything is under control. will that convince average americans? and why didn t anyone see this coming plus, roughly 17 million people facing flood watches today. the vast majority of them where flooding has already wreaked havoc in parts of california the atmospheric referring dropping another half foot of rain and compounding misery for towns under water. will donald trump s future be decided on the campaign trail or in the courtroom. the former president heads to iowa as his former fixer, michael, cohen, heads into a meeting with a new york grand jury we start with the question americans all over the country are asking, is my money safe the federal reserve and the president himself telling them the answer is yes. right now the dow is roughly flat following the collapse of two banks in recent days with several others suddenly on shaky ground in fact, some regional banks have lost 60, 70, even 80% of their value. carol lee is covering the whi ....
responsible completely. welcome to fox fox news live, i m eric shawn. hey, arthel. arthel: hello, everyone, i m arthel neville. new questions today about what led to this e epic collapse. in 48 hours, the go-to bank for tech start-ups and small businesses went belly up. the fdic, which insures bank deposits up to $250,000, says customers will have access to their money by tomorrow morning. here s secretary yellen earlier today. what i do want to do is emphasize that the american banking system is really safe and well capitalized. it s resilient. during the financial crisis, there were investors and owners of systemic large banks that were bailed out. we re not going to do that again. eric: well, is this going to cause a meltdown the on wall street and elsewhere? nate foy is here following other breaking news. reporter: in her remarks this morning, secretary yellen kid the not say how regulators plan to help depositors, only that they will. and she assured that the ....
hello, bill. reporter: hey, mike. good afternoon to you. yeah, the latest information we re hearing is at least eight people dead after two of these suspected human smuggling boats capsized off the coast of san diego. and this just highlights the fact that we ve got more death at our southern border now. any way you slice slice it whether it s people crowning in the river, dying of dehydration out in the desert, boats sinking in the florida keys or off the california coast, it goes to show you the risk a lot of these migrants take as they try to get here to the united states. fiscal year 2022, more than 800 my granter deaths migrant deaths at our southern border, the all-time record. and it goes to show these human smugglers don t care if people get their alive or kid. they get paid either way. we saw that firsthand in san antonio last summer when that horrific incident happened with the trailer of 53 migrants dead, baked to death in the heat, essentially, outside t ....