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jake. it is unfounded. for several reasons. firstly, the banking sector overall is much better capitalized than it was in 2008. there have been huge changes. a full-scale banking meltdown crisis, is it possible? maybe. is it likely? absolutely not, so the experts say. i was talking to one such expert here in israel where i am. the tech sector which has been so badly hit by all of this. i spoke to the venture capitalist of the viola group. he said it's not a system at risk, but when it comes to runs on banks, today they can be much faster than you think. >> run on the bank of the worl...

the financial crisis, there were investors and owners of systemic large banks that were bailed out, and we're certainly not looking at the reforms that we put in place means that we're not going to do that again, but we are concerned about depositors and we're focused trying to meet their needs >> treasury secretary janet yellen commenting on one aspect of the biggest bank collapse since 2008 we'll break down what's happening with silicon bank in just a moment. plus, we'll bring you mining pence's strongest criticism yet of former president donald trump. those comments came off cam...

depositors president biden in remarks this morning addressing the moves by his administration >> america's going to have confidence that the banking system is safe your deposits will be there when you need them. i instructed my team to act quickly to protect these interests. no losses will be born by the taxpayers. >> i'll break it down with larry summers. the president's heading to san diego this hour with meetings where the british prime minister and australia's leader, highlighting the sale of nuclear submarines to our allies to counter china's indo-pacific power. and donald tru...

out the second largest failed bank in u.s. history we're going to have the latest on this developing financial crisis. >> tell you what, it was a crazy weekend. yesterday, the white house working along with people across the financial industry, doing everything they could to stop a meltdown. >> yeah. >> and it looked in the early afternoon like that meltdown was coming they understood that china's markets were going to be opening at 8:00, 9:00 at night, and they had to get things lined up before then so the asian markets didn't collapse, which would cause u.s. markets to collapse thi...

needs to know what kind of information we're dealing with. >> neil: all right. some bipartisan bashing. get ready. things just got worse. some senate republicans threatening to shut down appointments of the president's nominees unless the administration starts providing answers to the classified documents of his. that news is not sitting well with chuck schumer. he's furious. let's say we are everywhere with chad pergram on capitol hill. where both parties are scrambling to find some document dutante. james comer also with a view. governor abbott on his own beef with the administrati...