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the billionaire is here, too. let's get the latest from kelly o'grady in los angeles outside first republic bank that yesterday at this time, its very future was in question. not so much today. kelly? >> that's right, neil. first republicly closed down 62% yesterday. i just checked and looks like it's up 28% today. that's a good sign for them. we're seeing more concern with scb. the fdic is looking to avoid a bailout and look for a buyer. we're learning that the fdic is looking to hold another auction to sell svb after attempts failed this weekend. my sources tell me a number of priv...

>> a lot of people are frustrated and scared. >> it's scary for the world, i guess. i anticipate there will be a lot of moving money to the bigger banks. >> neil: unbelievable. believe it. fox on top of it. a banking mess in the making and still messy. three banks have technically collapsed this month. actually in just the past week. so far fears of a contagion are not taking held. here's what we know. customers are nervous, make that very nervous. officials aren't helping matters in when they say don't worry. we've got this. do they? we've got you covered with kelly o'grady outside ...

world. the president trying to reassure americans that their deposits are safe while making sure to blame republicans. >> thanks for the quick action of my administration over the past few days americans can have confidence the banking system is safe. when no losses will be borne by the taxpayers. during the obama-biden administration we put in place top requirements on banks. unfortunately the last administration rolled back these requirements. >> what do you know about why this happened and can you assure americans there won't be a ripple effect? >> should all depositors be product...

you. and the letter that was sent to the ap board says, listen, we dismiss this as presented. in the future, if the college board would like to work with us on something that would meet our criteria, we'd be happy to consider it again. from what i was told anderson and bakari, this was declined because it sought to teach critical race theory which are violative of the april 2022 law governor san tis signed, this antiwoke act. the syllabus is pretty dense, and i'm telling you what the reason was. the state of florida, governor desantis said they believe in education, not indoctrinatio...

lifted. gene sperling says they're wasting their time. the same thing that he says republicans were using the same strategy when he worked with bill clinton and barack obama. things got hairy then. what happens now? we'll ask scott perry and texas congressman dan crenshaw. welcome, everybody. i'm neil cavuto. so much money, so little timen't. a big old credit limit and so far not good enough to satisfy either side getting it resolved. we're talking about $31.4 trillion in debt. both sides very, very far apart. gene sperling the white house economic adviser says we won't patch up the ...