you are watching on monday morning, i'm towdd piro. >> ashley: more concerns going forward. >> regulators seem to have been asleep at the wheel without a question. number two, we just heard recently they are going to have the greatest form of corporate cronyism we've seen in a long

time, they are going to ensure all deposits, even those over $250,000 limit. investors will have insulation of the federal government, that is problematic. >> todd: alexandria hoff will break it down. >> regulators have waved the limit for depositors and know did the same for signature bank, which was shut down over the weekend. silicon bank, many assets were uninsured, it will prevent a run on banks and companies that bank with svb can make payroll. pinterest and zip recruiter, just to name a few. fdic reads, depositors will have access to their money starting

monday, march 13th. no losses will be born by the taxpayer. the president is preparing additional comment. >> what about the banking crisis? >> president biden: tomorrow morning -- talk to you tomorrow morning. >> the president is set to deliver remarks at 8 a.m. eastern time. a bank bailout was never on the table, said janet yellen. >> there were investors and owners of systemic large banks that were bailed out and we're certainly not looking and reforms put in place means we're not going to do that again. we are concerned about depositors and focused on trying to meet their needs. >> stock and bond investors will not be protected by yesterday's

action. congresswoman nancy mace offered this yesterday. >> it is still very early to say what the ramifications are going to be, they mosted -- small business in silicon valley. we cannot keep bailing out private companies because there is no consequences to their actions. >> svb collapse is illustrated with inflow, turning to outflow after the start of 2022 and the dropoff, showing increase during the pandemic and invested in u.s. government bonds. those took a hit when inflation went up. seeking buyer for svb, it was announced the british arm has

been purchased by hsbc for one pound. >> ashley: thank you. 2024 presidential candidate vivek ramaswamy is not buying that the government is not bailing out silicon valley bank. >> it is crony capitalism all the way down. you have a $250,000 maximum fdic applies as the amount insured. they are changing will rule to favor silicon valley bank. banks can take more resque, for depositors at smaller banks to throw more money at the bank because you know the government will back stop it. they are not calling it a bail out, the consupport is the same. >> ashley: a lot of moving parts and pieces to this story and you just heard from nancy mace, she is on deck and you don't want to

miss a minute of that. >> todd: fox news alert, north korea test firing two cruise missiles, the country confirmed reliability of the weapon system, south korea detecting the launch and says it is maintaining a full readiness posture. the weapons test comes as u.s. and south korea start joint military drills today. china threatens the u.s. with tiktok. >> tiktok can be used as propaganda mechanism for china. that is national security. >> people are downloading tiktok app that has no division between the chinese company, the government and the communist party. >> todd: mark warner has a bill to ban foreign technologies from

operating in the u.s. under certain limitation, including tiktoks, owned by bite dance, a chinese company. >> ashley: suspending search effort for missing migrants whose boat capsized off the coast of san diego saturday night. 911 call about a smuggling boat capsizing. eight bodies were pulled from the water. blaming criminal for the this. >> part of an effort to traffic people. >> ashley: no survivors were located on shore, officials believe some migrants may have made it to shore and fled. >> todd: also breaking at our southern border. a mob of 1000 migrants swarming the el paso port of entry. this chaos is being allowed under joe biden's watch.

we'll bring the latest. >> ashley: and a sheriff paid his own visit to the border to see what is being done to stop the flow of fentanyl in his state. you will want to hear what he has to say, he is here next. somewhere out there is that one-in-a-million. someone who thinks with their hands. who can shape raw materials into something meaningful. and who wants to serve in their own way. if you're out there. if you're looking for more. we're looking too.

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>> ashley: people in california are bracing for another powerful storm after parts of the state

were pummelled by an atmospheric river system this weekend, leaving two dead and thousands displaced after a levee break. this footage was shared after residents were trapped in their cars by flood water. >> todd: powerful nor'easter off the coast of new england, potentially bringing a foot of snow to the northeast early this week. expected to impact travel during the first half of the work week as the deep south faces weather as early as today. senior meteorologist janice dean is here with the fox weather forecast. >> janice: cold air behind this system, will it be cold enough to bring snow along the i-95 corridor? in the beginning, no. we will then see transition to maybe snow. 39 in new york, 72 in miami, it is beautiful there.

we have showers and thunderstorms, as mentioned for north florida and the southeast. first area of low pressure will come offshore and we'll see a coastal low develop. there is future track. along the east coast, not great today. tomorrow things ramp up and on wednesday, that coastal low will move out. it will be a multi-day event of nasty weather. if you are traveling, prepare ahead, we will see delays and cancellations. winter weather advisory north and west of new york. bullseye will be upstate new york and new england. snow forecast through wednesday, long island, new york city, one to three inches. north of the city, we will get 12 to 18 feet of snow moving in. we're talking about the catskills, the mountains get

higher totals and new england for the long island area, coastal connecticut, parts of new jersey, mainly a rain event, we will see that transition into snow on tuesday. again, solid forecast north and west of the city. that transition, that snow event will come on tuesday, we don't think big snowfall totals. it will be incredibly busy, people will commute in and out and prepare ahead and be safe. if you have to work from home, i highly advise it, especially north and west of the city. and another storm for the west coast, foxweather.com has you covered. >> todd: march is coming in like a lion. thank you. >> ashley: chaotic scene out of el paso, over 1000 migrants rush across a bridge that serves as port of entry into the u.s. the crisis sparking concerns from officials all over the

country. one sheriff from ohio visited the southern border and calling for dhs secretary mayorkas to be fired. sheriff richard jones joins us now. thank you for being with us this morning 678. i want to go to this first, when you saw the chaos of a group offen it00 migrants rushing toward the bridge after being there and seeing what goes on down there, what was your initial thought? what did you think? >> not only is this country in crisis, but i believe we're losing the battle. when i was in cochise county, 2000 rushed the border and there are places on the border where there is not any security. i'm asking for him to resign immediately. he doesn't tell the truth. if you don't think our country is in crisis, see 1000 people

rush the border. they used to come in the dark, now they come in the daylight. some come across in camouflage during the day, they are pumping fentanyl in here by the tons and people are coming in. there are stretching of the border with no border control and how the president of the united states and director of border patrol, how they can look you in the face and tell you we're not in a crisis, they're lying to us. he should resign right now, our country is in chaos. 171 countries come through mexico and the united states. 171 different countries, they catch them from china, from russia, 171 countries. we're being invaded and for them to stand up and say the border is in great shape, they are

lying to each and every one of us. i've seen it personally, i was there with our state representatives, cindy abrams, who will introduce legislation to put a stop to this. it used to be border states, every state in the united states is a border state, i don't care where you live. >> ashley: in 2020, people fatally overdosed from fentanyl. other than shutings the border down, anything else you will do to fight this crisis? the fentanyl is already here. >> yes, i said this 10 years ago, we have to go into mexico, go after the drug cartel. the mexican government is corrupt, they are afraid, they will not do anything. we have to defend our country. we believe there are terrorists already in the united states,

terror cells waiting for something to happen or signal to do what they have to do. i believe senator graham mentioned our military needs to be involved and go into mexico and defend our country. if thatten moos military has to go, we should look at that and stop this. 100,000 people die of fentanyl poisoning in the united states every single year and that number is going up and it is going up and up. yeah, the only way to stop this, we have to go into government and mexico will not do anything. drugs come from china into mexico and then to the united states, causing our country to rot from within. >> ashley: something definitely needs to be done, thank you for being with us, we appreciate it. >> thank you. >> ashley: a federal judge is furious after he is invited to speak at stanford law school and

then gets shouted down by students. >> so you have invited me to speak here and i'm being heckeled nonstop and i'm going for an administration to -- [yelling] >> todd: this video is insane and it didn't stop with the students, even the dean starts to file on the guest speaker that they invited. we have all the details next.

>> todd: first year students at indiana university school of medicine are required to complete diversity, equity and inclusion. how can you be inclusive of

patients? medical school professor dr. stanley goldfarb joined us earlier. >> spending time learning about social issues, about which they can do nothing. what is point of spending hours on the issues? >> todd: the mandatory course on human anatomy for med students including powerpoint with slides like this, reading sex does not equal gender. from med to law, federal judge invited to speak at stanford university getting shouted down by woke students. one issue was his refusal to use a defendant's preferred pronouns from the bench. >> you invited me to speak here and i'm being heckled nonstop and i'm asking for an administrator to -- [yelling]

>> todd: school's diversity dean attempting to restore order and ends up attacking the judge worse >> your advocacy and opinion from the bench is disenfranchisement of their rights. >> todd: vice president and general counsel at alliance defending freedom joins me now. you received a similar reaction at yale. what is upon haing at the law schools when it comes to the first amendment that is a law you study in law school? >> well, you are exactly right. we're seeing a trend in america's elite schools, they refuse to adopt a culture of free speech and student mobs can ship down invited speakers and to essentially stop groups and events sponsored by their fellow conservative students. as this video shows, they are

enabled and the mob the stanford, similar experience happened to me at yale law school. >> todd: everybody sees this and knows the kids at these schools are out of their mind. when the administrator piles on and continues to encourage the intimidation and censorship, that is a new ball of wax. i ask myself, how can any conservative feel embolden to speak about anything, whether stanford, yale, or other universities? >> this diversity, equity and inclusion ideology is roton to the core, it thrives on raw power, which is what we saw in stanford and we need to reject it. we have to have free speech to have a free nation and democracy. think of what the justice system will be like if future law students go into the world as leaders and they think

intimidation, bullying and censorship is right way to assert themselves and ideas rather than engaging with logic and persuasion. >> todd: that is an important point, what itten moos when these individuals graduate and become lawyers and i think judge duncan said, if enough of the kids get into the legal profession, the rule of law will go to unlawfulism. if they react this way to a judge that is speaking to them, how are they going to react when a judge themselves berates them because their argument is not good or a law partner berates them because their work isn't good enough. >> you are right about that, think about the conservative students, we need to demand diversity on these campuses and law students will use power to

sensor, silence and eliminate a culture of free speech. if that upon has, we lose d democratic government and progress, it is something stakes couldn't be higher in america right now and we all have a role to play in it. >> todd: when i was in law school and took the bar, knowing both sides and being able to articulate the argument was tantamount to passing. i feel like law schools are losing that and that is concerning for the country and the profession of law. dr. fauci going on defense as scrutiny into his handling of the pandemic heats up. >> prosecute me for what? what are they talking about? i wish i could figure out what the heck they were talking about. >> ashley: should fauci be worried? we're asking joe concha next.

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>> todd: to the oscars, as "everything everywhere all at once" wins everything everywhere all night long, dominating the awards, winning best picture, michelle yeoh using acceptance

speech to take a jab at don lemons that nikki haley is past her prime. >> this is a beacon of hope and possibilities. this is proof that dreams dream big and dreams do come true. and ladies, don't let anybody tell you that you are ever past your prime, never give up. >> todd: good dig right there. ke huy quan best supporting actor and giving this tear-jerking account of his success story. watch this. >> my journey started on a boat, i spent a year in a refugee camp and somehow i ended up here on hollywood's biggest stage. they say stories like this only happen in the movies, cannot

believe it is happening to me, this is the american dream. >> todd: beautifully said, brendan fraser walking away with best actor for "the whale," his first oscar in his career comeback. >> ashley: jimmy kimmel starting violence free oscar monologue, couldn't help but joke about will smith from last year's awards. >> we have strict policies in place, if anyone commits an act of violence, you will be awarded for best actor. if anything unpredictable or violent happens, do what you did last year, nothing. >> ashley: singer lady gaga bringing down the house performing original song she wrote for "top gun," which was "hold my hand."

>> ashley: bring in joe concha, fox news contributor. what was your reaction to the oscars, what stood out the most? >> joe: i can't wait and never said this in quite a while, to watch cnn this morning to see how they handle michelle yeoh calling out their morning anchor, right? that was beautifully said as far as you are never past your prime regardless of what age you are, obviously in reference to don lemons taking a shot at nikki haley, because he is an objective, serious journalist. it is interesting to see if they play that clip and if don lemon acknowledges what he said on the air and tries to explain it. overall, i mean, jimmy kimmel was okay, i don't know why we

don't just dust off billy crystal. when he hosted oscars 57 million watched, probably 15 million watched last night. you got to root for a guy like brendan fraser, who was basically a '90s act or. to see somebody come back like this, he came back for "the whale." it is inspiring to see. this guy was seen as an action hero kind of guy, did good movies in the '90s, like tom cruise in a sense, he's back on the big screen and killed it. it wasn't a bad night, it wasn't as political as i thought it would be. >> todd: dr. fauci lashing out as republicans and elon musk for calling on him to be prosecuted, watch this.

>> no response to the craziness. prosecute me for what? what are they talking about? i wish i could figure out what the heck they are talking about, they are going off the deep end. >> todd: musk tweeting, my pronouns are prosecute/fauci. what is your reaction, joe? joe concha good to see dr. fauci run to his best friend in jim acosta. dr. fauci talks about himself. it is clear he is a compromised man who was not clear about the origins of covid. it looks like logic is winning out per the fbi and department of energy. the coronavirus may have come from a lab in wuhan china through gain of function research that fauci's department

funded and advocating and 1.1 million people in the united states are dead, there needs to be accountable and it starts with dr. fauci. interesting to watch rand paul question dr. fauci when he appeared on capitol hill. he has no excuse to hide behind at this point and we need to know how this happens so we don't have it happen again. this is how you learn, you learn from mistakes and situations and we can't have covid 25, this country cannot go through what it went through, particularly for america's children who are now 30-year low in test scores as result of stay at home learning that dr. fauci advocated. >> ashley: friday the house voted to declassify intel about the origins of covid-19. it heads to biden's desk, what

should he do? >> joe: he should sign it, i think. this is something that he must sign because republicans, democrats, independents, everybody wants to know how this happened and wants to know who needs to be held accountable. >> ashley: thanks so much, good to see you on monday. >> joe: you have a good birthday weekend? >> ashley: i had a lot of pizza and pasta. >> todd: a lot of carbs, we talked about carbs all morning long. >> ashley: thank you, joe. markets reacting to the silicon valley bank collapse and american taxpayers want to know if we're on the hook for another corporate bailout. >> todd: cheryl casone breaking down the late night moves from the white house, before joe biden addresses this country today. ♪ this girl is on fire.

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i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck.

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>> cheryl: bad behavior is where i will start with this one. we've been following this story since med middle of last week with cryptobank. but silicon valley bank were making investments that did not equate and were risky. people put money into banks, that is what they do and the bank invests it. their investment portfolio was 57% of the portfolio, should have been about 27%, point number one. point number two, they applied for being a smaller bank, the big banks, j.p. morgan and bank of america, too big to fail, we're not them, but turns out,

they were. this is not a bailout. point number four, markets have not figured out what thissen moos and there will be more revealed today. goldmansa sachs believes this will cause the fed to stop raising interest rates, this is part of an interest rate story. what happened with silicon valley bank, their clients are tech start-ups, in california, technology companies. they are interest rate sensitive, they were already unnerved about what they were seeing with the monetary system and fed rate hikes and lay on top of it, the ceo says stay calm. when you are a ceo and that is what vivek ramaswamy pointed out, when you say stay calm, you get opposite reaction.

this was bad behavior and final thing, the ceo, greg becker sold stock days before this collapse, i just want to point that out. >> ashley: what do you see happening with this? there has to be something that is done? >> cheryl: there will be hearings, you heard senator tim scott and mark warner, they both said they want answers. there will be hearings. i don't know how far this goes into change because i do think this is still at this point, a couple of banks, especially silicon valley bank that made very bad -- their asset management was terrible. >> ashley: you think isolated -- >> cheryl: that is my gut right now, talk to me in 24 hours, this is still getting played out with the market today. >> todd: you said this is not a

bailout, fdic insures deposits under $250,000, the money above should not be answered, yet individuals with accounts above are not losing any money so where is that money coming from? >> cheryl: great question. that is the million dollar question, there is $25 billion set aside. there is big debate, it is being called a backstop. silicon valley bank is not necessarily insolvent, but they need to be unwound and i hate that term, we used it in 2008, had to unwind aig. silicon valley bank has assets there, they couldn't access them, they were putting money into mortgage-backed securities,

the bond portfolio was too aggressive. when your clients get nervous and want their money now and your money is invested in something that doesn't for five years, you have a problem. >> todd: i don't see how the government says we will cover the losses, the government only source of income is taxpayer dollars. >> cheryl: they will have to unwind silicon valley bank. >> ashley: president biden is expected to approve alaska willow oil project today, there is more to the story. >> cheryl: willow project, sure, what the president is planning to do, he is going to ban future drilling leases on get this, 13 million acres of natural petroleum reserve in alaska, including water, everything the u.s. controls in the water, 16

million acres of land and water that can never be touched by petroleum drilling, which is unfortunate. willow project, conoco-phillips, i think they will approve three sites, not five. nine million hours of work, 2500 construction jobs and 8 billion to 17 billion for federal government, alaska and community as far as projections go. this is revenue, jobs, economic stimulation, environment groups not jazzed about the project. >> todd: trying to have it both ways, look, i love oil, i hate oil. >> cheryl: he will speak at 8:00, more to come. >> todd: thank you so much, turning to breaking news at southern border. more than 1000 migrants swarm

the el paso port of entry trying to overwhelm agents, we will ask congressman nancy mace how the u.s. needs to respond. >> ashley: let's check in with brian kilmeade. what is coming up? >> brian: straight ahead, more of my interview with florida governor ron desantis, talking life, liberty and he 2024 and bill cassidy will be here to talk about everything and wall street wakes up to fallout of silicon valley bank and another shut down by regulators, what does it mean for money? and john cornyn responds live about the migrants storming the bridge to el paso and marriette miller meeks, says over the weekend, fauci says he has no idea why he would be prosecuted. and piers morgan, dana perino

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♪ >> todd: we're back with a fox news alert. more than a thousand migrants russiaing the u.s. port of entry in el paso. brooke zigman has the breaking new details. hi, book. catch tureg the moment at least 1,000 migrants rushed the bridge linking mexico to el paso. watch. >> officials say crowd control measures had to be used after the massive group of mainly venezuelan migrants continued pressing forward against the razor wire fence. senator tom to the con sounding off on the wild video. watch. this that video is exactly why some americans wondering why the

government is not doing more to protect us from threats from mexico when you have almost 1,000 people bum rushing a border crossing point that obviously overwhelmed the border patrol. we very no way to investigated who they are. >> the border crisis continuing to grow under the biden administration as the southern border sees over 870,000 migrant encounters so far this fiscal year. we spoke earlier to the executive director of the texas policy foundation who says these policies are inviting illegal immigration. listen. >> with biden's open border policies it's an invitation for more of this lawlessness to happen that while illegal immigrants and especially the cartels know that those coming into this country illegally get to stay, all that's going to happen is to incentivize more of this kind of contact. we have to turn off the magnet. we have to make it clear if you come into the united states illegally, you do not get to stay. >> last fiscal year there were more than 2.3 million migrant

encounters at our border and guys, this year is on pace to top those historic numbers. todd, ashley? >> ashley: brooke singman, thank you. we are going to bring in congressman nancy mace. thank you for being with us. i want your reaction, in particular, the chaos at the border and images that we saw thousand migrants pushing towards that bridge. >> well, it's unbelievable honestly to see this kind of video. our border is not secure. this is like secretary mayorkas is like a firefighter running away from a fire. he ought to be impeached for this. and this lawlessness has to end. this is unbelievable. they are putting lives of our border patrol at riske here by allowing this kind of thing to happen. we are not following our laws. we allow them to come here illegally and stay here illegally without consequence. you are seeing the results of that today. >> todd: it goes beyond that congresswoman. based upon this latest video isn't it clear that the message from this white house is still,

hey, come on over? >> come on over and hey, in we are a democrat mayor we might even let you vote in our municipal elections. because that's what some democrat mayors are trying to do. and this is wrong. and secretary mayorkas has buried his head in the sand. and i wish that we could impeach him for the crappy job he is clearly doing about the border. >> ashley: i want to get to this now. the president is set to address the nation today on that banking system as the signature bank is shut down following the collapse of svb. you know, congresswoman some are calling it bailout. some are not. where do you stand on it? >> well, we are a little murky on the details. i would like to know how it's going to be paid for specifically. we were on a call last night. if you looked at svb's latest public filing healthy balance sheet and assets on the books. i would like to know if an auction of the bank is on the table. i believe it may be. there may be a way to recoup some of that investment. you know, we'll sees a we learn more later on this week.

>> todd: joe biden releasing a statement last knights night i'm firmly committed to hold those most accountable nor mess fully accountable. that seems like something in the coming day weeks and months with the market set to open in three and a half hours what does he need to say to calm the waters here a bit? >> he needs to instill confidence in the market today he needs to show leadership that there isn't a panic run on banks and get that message out there. i was encouraged to see a statement by the fdic federal reserve and the treasury yesterday afternoon. but he has got to instill confidence in the market in order for folks to stay calm and know that you are -- even if you were deposits in svb the fdic insured 250,000 that you are going to be okay. that's the message they here today. >> ashley: some say the biden

administration social media censorship a campaign on this bank collapse. just really quickly want to read. this the tweet from thomas maisie just got off of a zoom meeting with the fed treasury house and senate. a democrat senator essentially asked whether there was a program in place to censor social media a run on the banks. you were in this meeting this morning. what are they talking about here? >> right. it was brought up during the zoom call last night. >> the idea that if the administration was going to push for censorship of certain media stories that there is no run on the banks there should be no censorship on the table whatsoever in any way, shape, or form. whether you agree with the administration's position or not. we have seen this story before time and time again. and it's wrong. we have got to make sure that our government is not trying to censor information for business owners, individuals or the public. >> todd: seems to me that certain dems a lot of dems can't stop, won't stop when it comes

to censorship it's almost like they think the first amendment is optional it is not. congresswoman nancy mayes thank you nor joining us on a very busy news morning and breaking down complex issues. thank you. >> thank you. >> i think anyone hears censorship. >> todd: as they should. >> ashley: are the red flag goes up. with that "fox & friends" starts right now. have a great rest of your monday. ♪ what u.s. regulators have done make sure depositors have access to all of their money today in essence waving $250,000