Willow Drilling Project News Today : Breaking News, Live Updates & Top Stories | Vimarsana

bank failures, silicon valley bank and signature bank. christine romans, what is happening with credit suisse is different, but it's also spooking thing market. >> it is. so this is european banking fears that are now spreading back into an already fragile and vulnerable u.s. system. credit suisse down 20% to a record low. several european bank shares are halted in european trading. so that's just feeding into the worry about rising free agents and fragilely in the world. dow futures down 1.5%. if this holds this would take away the rally in yesterday. nasdaq, s&p futures also lower ...

in about a year and a half, still high. >> bill: that would normally mean another rate hike on the horizon, but the fed could be forced to rethink that. >> dana: the moves are designed to protect the u.s. financial system and make sure customers do not lose their deposit. >> bill: the president insisting this is not a bailout, some folks beg to differ. >> well, it is a bailout, we give a lot of support to banks. banks pay a premium for insurance, capped at 250,000. if we change the rules and give them more coverage than anybody else gets, i think that's a bailout. >> the think you ha...

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...

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Jobs and ease pressure on u.s. energy markets. environmentalists are pushing back and jeff paul is live in the west coast bureau and has more this morning. hi, jeff. >> jeff: the president will travel today from san diego to monterey park in the l.a. area. he pushes gun control at the site of one of the latest mass shootings, he's making headlines for a new oil and gas drilling project here on the west coast. it is a scaled-back version going from the initial five sites to three sites, the white house approved $7 billion willow drilling project in alaska. this is huge for the state, which reli...