t com >> ainsley: this is a fox news alert. president biden is expected to address the nation later this morning after the abrupt collapse of silicone valley bank over the weekend. >> lawrence: so a second bank has now collapsed in the aftermath and experts warn there could be many more. >> brian: alexandria hoff is live at the white house with the latest. >> u.s. regulators went to work this weekend. that resulted in a promise that all depositors will have access to all of their money today. in essence, what this work did was waived the 250,000 insurance limit for deposit.

that's a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it's a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. >> during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we're certainly not looking into the reforms that have been put in place means that we're not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. >> ceo of pershing square bill

ache man says he agrees it's not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite the intervention but we now have a clear road map how the management will manage them. bank boards and manages have received a massive wake-up call. u.s. regulators looking for a buyer for svb. it's announced this morning that british arm has been purchased by hs bc for a pound or a little more than a dollar. unlike the great financial crisis, stock and bond investors may not been protected by this move. nonor has taxpayer money been inject ghood this, guys? >> brian: right. i guess they had a rainy day fund. alexandria, very usual to see ur the president speak monday morning. >> expected to have a meet and greet when he was walking to the helicopter this afternoon. yeah, is he going to address the american public. they want to restore confidence. they don't want anybody worrying

about their funds. will people feel too confident putting more than $250,000 inside these banks. >> brian: you are helping customers but you are not helping investors. investors are on their own. depositors are the ones that are getting this money that was put aside $100 billion by these banks. >> ainsley: that's what stuart varney was saying too. when this is not a bailout. not using taxpayer dollars. this is money the banks have put into a fund. it's like an emergency fund. when this kind of thing happens, they just dip into that account and they are able to cover the expenses. it's $100 billion. so, once that money runs out. then they have to go to the feds to help bail them out. >> brian: they hope they get another bank to buy them. >> lawrence: it's going to be incumbent on the president to explain this whole deal. explain why there was so much money in the market that these businesses, these banks decided to make this decision and it

really started to bite them in the tail. also, i want to know when it comes to svb why did they give themselves raises? the people responsible for this i get why they are not calling bailout. the money is coming from somewhere as stuart laid out. he also talked about the political ramifications of this, watch. >> where's the money coming from? it's coming from the banks themselves. they have $100 billion fund paid into by the banks in this kind of situation. if that's not enough money, the federal reserve set aside more money just in case they need it. and if that doesn't work, if bill ackman is right and we into a much wider financial panic then a taxpayer bailout will be required. that will be a very significant political question. most republicans that i know are not particularly keen on bailing out big banks. president biden goes on the air today as he will and says yeah, we are going to back stop the lot. that is a very big political decision. so far, the jury is out, i

personally don't think it's anything like 2008, i don't think this is a lehman moment but nobody really knows. it's a case of the jitters. nervousness all around. >> brian: didn't stuart mention to you ainsley about republic bank. another regional worrying about that rippling through. people were speculating yesterday on all the sunday shows is okay. they have got to do something today before monday. they have 60,000 companies wrapped up in this and they say this is the hub of innovations and startups for the whole country. a lot of them are democratic donors. out in silicon valley for a reason. and maybe they really have locked up in this for other reasons. not many people think they should be just left out to dry because some innocent people are going to be caught. the one thing is no one has ever asked me to run a bank. you say one of the billing things happened to this bank is interest rates going up. we knew interest rates were going up for a year navarro they

have been going up. if you are not saying to yourself at one of these bank board meetings what are we doing when it gets up to 3? what do we do when the interest rates are at 4 and 5. now it's at 6 and 7. and they are going to go up again. why could people not forecast this? >> ainsley: look at people in line. you saw the video of someone in their car taking a picture, a video of people waiting outside of the bank trying to get in to get their money. their hard earned cash. >> lawrence: brian, you make the point about big tech companies, silicon valley companies we cannot forget about the small business owners that aren't a part of that. they may use the big corporations like etsy, to be a marketplace but there are mom and pop operations. some of them are making their product. i get my cuff links pay 20 bucks from small businesses all across the country. they are in this as well. >> ainsley: right. because there was someone on "fox & friends first" that was interviewed.

her platform is et is i. she is one of the small business owners that sells her items on etsy. et is i banks with one of the banks that collapsed. she got a notification friday saying that all of her payments is going to be delayed. if that continues to happen. >> if you make payroll the money had to be in the bank on monday. in that money is not there you will not make money on thursday. other big story not going away. even though the president is just a few miles from the san diego border today as he meets with the leader of the u.k. and australia, is he not going to be going to be the border. he wants this to go away but it's not. that's front and center in el paso. >> lawrence: what a site. >> brian: a thousand people rush the border core united stated and choreograph most from venezuela try to get through. if they rushed at once they thought they would get access thankfully they didn't. >> ainsley: the cbp recall

increased manpower on u.s. side. look running to freedom phillies viaje means happy travels. people were saying come on. some were holding up their cell phones. see that guy holding up cell phone and taking videos. >> lawrence: this is just embarrassing at this point. they feel like they can storm the border because the president of the united states and the department of homeland security alejandro mayorkas have created a climate where people feel like this is okay. there is absolutely no consequences. the majority of the people that come across the border, they are not running away because they realize if they can just touch american soil, they will be given a notice to appear. right, which is like two years away, right? and they can be in this country and work all they want. steal someone's social security number or something like that and work in the country. so, again, look, and i said this in hour one. when you see the amount of

people coming across the border, just storming the border. the american people are compassionate. but they won't stand for this. >> go to a port of entry. if you want to file asylum there is a legal process to do this. if democrats say they want to reform that process then bring a bill to congress. bring the bill and we can have that conversation. we can't have this. >> brian: here in new york if you are illegal immigrant and say okay i want my hearing to see if i can stay. asylum hearing 10 years. 2032 is the earliest you can have your hearing. what do you do in the 10 years in the interim? you are going to school for free or staying in that hotel for free. >> lawrence: can you vote now, too. >> brian: in some places. >> lawrence: in some places you can voted. >> ainsley: congresswoman nancy mace was talking about this and she said the border ♪ secure. listen. >> unbelievable, honestly, to see this kind of video. our border is not secure. >> secretary mayorkas is like a firefighter running away from a fire. he ought to be impeached from

this and this lawlessness has toened. unbelievable. putting lives of our border at risk 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. >> lawrence: just to put a bow on this. we all realize the democrats no longer want to have sanctuary cities after republican governors shipped the migrants that have been illegally in their states do those areas. they don't want to be sanctuary. deal with the problem at the border then. your experiment failed. you don't want them in your community. >> they will never flight it. new york and chicago. they are going to say -- still be sanctuary cities. remember donald trump tried to get them to force them to stop being sanctuary cities and they went through the illegal area and allowed. to say i don't know what judge would say it's okay to be here illegally and not face expulsion. >> ainsley: our mayor in new york city we talked about this on friday wants to pay for

college for the illegal immigrants. you have to pay for your kids college laurence lawrence and mine. >> ainsley: those are on hold right now, right? >> ainsley: hand it over to ashley. >> ashley: despite rising crime in new york city mayor eric adams tell new yorkers to go get healthy and take to the streets. >> there is a culture shift. get out of your car. exercise, too stationary, get on bikes, walk, skateboard. >> ashley: adams says new yorkers are too stationary and violence on subways soared. start of this year from one year before. a toxic red wave hitting florida just as spring break season approaches. red wave is due to a naturally occurring toxic algae bloom in the g gulf of mexico. it is causing visitors coughing

and sneezing. they are warning people to avoid the beach entirely if they have asthma or if you have any other respiratory illnesses. everything everywhere all at once. dominates the 95th academy awards last night taking home seven oscars including best pictures. key hugh kwan winning best supporter actor in his role sci-fi. he gave inspiring speech. watch this i respondent a year in refugee camp. somehow i ended up on hollywood's biggest stage. i cannot believe it's happening to me. this, this is the american dream. [applause] ford handing him his oscar after four years temple of doom. >> ordering a man to pay

$215,000 for 25 years of housework that she handled while they were married. attorneys for the wife argued that she was burdened by those chores which stopped her from being able to make her own money. the ex-husband must pay her $528,000 per month based on how much she would have made if she got paid minimum wage for all of those years of cleaning. >> you know. >> lawrence: this is out of control. >> ainsley: i want to pan for domestic work. >> ashley: i. to get paid for this. >> ainsley: that's awesome. who is this judge? is it a woman? >> lawrence: brian, can we touch this? >> brian: not yet not on television. >> ainsley: go to work make the money she stays at home. she doesn't get a paycheck. >> lawrence: don't get a divorce. they are going to get you, men. >> >> ainsley: oscars michelle one best asian woman. ladies, don't let anyone tell

you you are past your prime. >> brian: yes. >> lawrence: a shot at don lemon. i wonder if he addresses that this morning? >> brian: i'm sure that didn't make the cut. 13 minutes after the hour. straight ahead, i had a chance to catch up with florida governor florida congressman ron desantis. you will hear that interview. >> we built an astounding record of achievement. the best is yet to come. we will do a lot more over the next few months. >> brian: what he told us about his political future and when we can expect 2024 announcement. >> ainsley: i'm pretty impressed. impressed. >> ainsley: jplaying ball andus asking questions.sh [laughter]ap a promise is everything to old dominion, because it means everything to you. out here, you're a landowner, a gardener, a landscaper and a hunter. that's why you need versatile,

durable kubota equipment. 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. we're calling on a new generation of builders for navy's next-gen submarines.

♪ this feels so right... ♪ adt systems now feature google products like the nest cam with floodlight, with intelligent alerts when a person or familiar face is detected. sam. sophie's not here tonight. so you have a home with no worries. brought to you by adt. this cough. [sfx: coughs] this'll help. vicks vaporub? vicks vaporub's ...medicated vapors go straight to the source of your cough... ...so you can relieve your cough to breathe easier. vicks vaporub. fast-acting cough relief. realtor.com (in a whisper) can we even afford this house? maybe jacob can finally get a job. the house whisperer! this house says use realtor.com to see homes in your budget.

you're staying in school, jacob! realtor.com. to each their home. the eagle has landed. that's one small step for man... hey, what's up? -one giant... uh... houston... we have a situation. how did you get here? you're characters in our video game! video game? yeah, it's what we can do with the xfinity 10g network. basically, the greatest achievement since the moon landing. i think they're talking about us. i know. you can play from anywhere. -yeah, i'm in the basement. i'm at the dentist. check this out. it's super smooth even when everyone's online. whoa, can i try that? you're in the game! what the heck is that? those are the bad guys. -are they friendly? nope! ok, here's the plan. on the ship there's some wire cutters, some tubing and rubber bands.

now with our know-how and some elbow grease and a little bit of luck, i — you're probably going to want to start running. the next generation 10g network, only from xfinity. one giant leap for mankind. lawrence fox news is learning florida governor ron desantis will visit new hampshire next month. the state that holds the first

republican primary sparking more speculation about his 2024 plans after visiting iowa last week. >> polls show desantis, who hasn't even announced is right behind former president trump. >> yep. i caught up with the governor last week his old little league field where he extend to the little league world series and we talked about his career and his baseball governor i know you are going to make done before you make a final decision. i don't know too many people that aren't expecting to you jump in. are you worried of being defined before you do it? because you watch president trump come out and try to label you as a paul ryan, jeb bush type of republican. and are you worried about being defined because you're governor and you are not a candidate yet? >> so, whether you have a record of achievement, people can call you a name but that's not going to trump the achievement and so we have built an astounding record of achievement. the best is yet to come. we're going to do a lot more over the next few months and that's what people look to.

now if i was just some random maybe a senator that didn't have publishments, then maybe someone could try to define you. i'm defined by my publishments. i'm defined by leading this state. and i'm defined by having a state which is the number one destination for americans who are looking for a better way of life. so i think what you will see over the next few months is by doing people looking at me and sizing me up, hey, look at the results. >> brian: governor, you want kids and parents to have a choice where they are going to go. >> yeah. >> brian: public, private. critics say you will ruin the public schools going elsewhere. >> we have this school choice in florida long before i got here. we have expanded it more than others. guess what is happening? those public schools upped their game. they have had to compete to get the bodies. individual choice. if you are miami-dade you don't have to go to the school in your

neighborhood. can you go to other miami-dade schools. you can also go private and public or in charter and all that i think it shows you that florida empowering parents has worked and i think what it does is it lifts all boats. >> brian: casey okay? how is she feeling. >> she is fantastic. she recognized her at the safety the state last year. we hope to be able to announce next year she is cancer-free. we can announce she is cancer-free and looking better than ever and involved in a bunch of stuff. she started this great cancer initiative try to be more effective at how we are doing that obviously a great wife and great mother. we are really fortunate. we had so many people praying for us. she has gotten through and it done a remarkable job. >> brian: we are on basic field. you have had a busy day. you wanted to come to this field because it means so much to you, obviously. even though i'm a soccer player do you have time for catch. >> let's do it. >> brian: if not this time to run for president. would you think at some time it's safe to say that would be one of your goals? >> i would only do stuff if i

thought rationale. substance driven if i could serve or not serve in a variety of capacities. i will tell you as governor and if you are a determined executive, you know, can you make things happen and we have done that in florida. >> brian: which can we expect a big announcement. >> depends on how good we do in legislative session. >> brian: thanks, governor. >> lawrence: brian, is he running, right? >> brian: if you would have told me i personally believe 97% there. could something happen? sure. i just think that he is getting his team together. look at where he was this weekend? iowa. donald trump comes told. diana register says trump has 47% approval rating in the people in iowa. that's down 20%. he still has the highest favorability but just one point over ron desantis in iowa. the favorability overall 6 #% have a favorable view of him.

62% have a favorable view of trump, 45% of nikki haley. so i mean he comes in frontrunner right away. >> ainsley: do you think he will announce after session that's what, may? >> brian: around may. i think he will probably jump in. did i ask him this. tom cotton said my family is too young. i'm not going to run. you also have a young family. what about you? he said they are used to it. they're used to having us run. this is all they have known. talk to my wife, that's not going to be an issue to paraphrase what he said. so different view. you know, he said no one has really had young kids at the governor's mansion either and they are used to that. >> ainsley: hasn't he been preparing though. the rumor he has been preparing his entire life for this moment whether or not he runs now who knows. >> brian: right. but the governor christie thing. he was the hottest politician in america. they said run. here's the money. and he said i have only been -- i have only been governor a year and a half. i'm not going to do it and his window closed after the

controversy with the bridge. came back and wasn't as good campaigner as he was was not able to beat donald trump. he is afraid of this same thing for rick perry as well. get in the race. his campaign sadly embody employed as well. >> ainsley: was that in tampa. >> brian: don eden where the blue jays played. he wanted to go to the exact same field. the landscapers the crew got the field ready they face-timed his ad advance crew he said tell brian, that's the wrong field. we had to go back to his original field. they had to mow another lawn. he said i want to do it -- he has -- i want to field. >> ainsley: wants to be on the field where he grew up playing. >> brian: exactly on one nation we went into the little league office. kind enough we found the 1991 little league world series his team picture and the shot of him at bat five bats lying league series. goal was to beat taiwan they

lost in the first round. >> lawrence: the nostalgia. gets recruited off that field to go yale, harvard law school to the army to the military navy and comes back and he is on pretty interesting trajectory. heck of a resume. >> lawrence: we will be watching. >> ainsley: that was a great piece. thank you, brian for going down there to do it. >> lawrence: stick around, piers morgan joins us live across the pond coming up. >> ainsley: a thousand illegal immigrants rushing the border massive attempt to cross into the country over that bridge. texas dps on the ground and they will join us next as border patrol surges manpower to that area. enough was enough. i talked to an asthma specialist and found out my severe asthma is driven by eosinophils, a type of asthma nucala can help control. now, fewer asthma attacks

and less oral steroids that's my nunormal with nucala. nucala is a once-monthly add-on injection for severe eosinophilic asthma. nucala is not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fatigue. talk to your asthma specialist to see if once-monthly nucala may be right for you. and learn about savings at nucala.com there's more to your life than asthma. find your nunormal with nucala. whoa. okay. easy does it. we switched to liberty mutual and saved $652. they customize your car insurance, so you only pay for what you need. with the money we saved, we thought we'd try electric unicycles. whoa! careful, babe! saving was definitely easier. hey babe, i think i got it! it's actually... whooooa! ok, show-off! help!

oh! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

oh, hey. buying a car from vroom is so easy, all you need is a phone and a finger. just go to vroom.com, scroll through thousands of cars. then, tap to buy. that's it. no sales speak. no wasted time. just, straight up great cars. right from your phone to your driveway. go to vroom.com and pick your favorite. wooo. oh yeah, she digs it. buy your car on vroom.com vroom. get in. lowe's knows the first step to motivation... ...is inspiration. so, we've got new everything. new flooring, new paint, new patio sets, new pillows. i can keep going if you want me to. you got this. and we got you. ♪3, 4♪ ♪ ♪hey♪ ♪

♪are you ready for me♪ ♪are you ready♪ ♪are you ready♪ >> so, did you see this? at least a thousand migrants rushed the southern u.s. border in el paso, texas trying to get inside of the country, all captured in exclusive fox news video. joining us now from el paso is texas dps regional director joe sanchez. sir, thanks so much for joining from the great state of texas. so, can you tell us what happened there that you guys have any intelligence that this was going to happen? we had zero intelligence this was going to happen everything just kind of dispersed.

the national report that i got is we have 2,000 migrants that attempted to cross the bridge our personnel responded to back up our cbp partners. thank goodness that governor abbott is in operation len star west. he has provided us with the resources we need to help prevent some kind of incursion like this. this came about since we had the 15,000 asians in del rio. do you remember that? planning had started okay. if it happened in del rio, where else could it happen? and, of course, as you know back last year we had a problem with the venezuelan camp across the bridge. actually not too far from that area where we had the 2,000 attempted to cross yesterday, there was a porous area about a mile and a half where we had a camp set up and at one point 300 tried to cross and rush border patrol and, again, border patrol did a magnificent job of protecting the border back them up. so ever since then, you know, we got more resources from governor

abbott. we increased the amount of troopers that we had here along with the texas military division which we have more soldiers that are out here. we deployed that constantini know wire mile and a half barrier that stopped the flow. we had the government of mexico clear out that camp. well, we still have these migrants sitting in the city of juarez. i think we have had reports of anywhere from 10,000 to 40,000. we don't have an exact number but we know they are there. ever since the -- since the haitian incursion over in del rio, we have been getting together with our law enforcement partners. we have had meetings especially when there was talks about the aabolishment of title 42. and we specifically discuss things as what if we had an increased migration at the bridge, how do we handle this as law enforcement agencies? how do we work together? so we have already had a lot of these plans in place. so as soon as our partners called out and said we are getting a rush at the bridge. let me tell you i will start off with this first.

cbp did an excellent job. outstanding job of securing that bridge. they deployed everything that they had in the practice if because, if they did not have those means who knows what that migration would have caused in the city of el paso. that bridge leads directly into downtown el paso. >> lawrence: i have got to ask you i have only got a few seconds left. how is the morale at the border patrol? >> well, i feel for them. i really do. i think all of us do as law enforcement officers? this area el paso is unique. we are like family out here. we all back each other up. we are all there for each other. we constantly have meetings together. we call each other we call each other by first name. i feel for them. this is not the job they signed up for. they signed up to protect our border. that's what they want to do. but, instead, they are busy trying to process all these migrants that are coming through. they become a processing center.

so we really do feel for them. >> lawrence: it's sad because the commander-in-chief doesn't have their back but i'm glad to see that the lone star state had their back to back them up yesterday. sir, thanks so much for joining the program. >> thank you all i just want to let you all know, too. let america know that you have a lot of men and women in law enforcement that have a lot -- tyke a lot of great pride in protecting our country and taking our state. not just texas department of public safety but all agencies, to include our national guardsmen. so thank you. >> lawrence: thank you, sir. you make me proud to be a texan every day. >> yes, sir. >> lawrence: president biden will speak this morning as regulators step in to protect american deposits. wall street braces for fallout over two bank failures. senator bill cassidy is here live with his take next ♪ some day, somehow ♪ going to make it all right ♪ right now ♪ i know you're wondering

♪breeze driftin' on by...♪ ♪...you know how i feel.♪ you don't have to take... [coughing] ...copd sitting down. ♪it's a new dawn,...♪ ♪...it's a new day,♪ it's time to make a stand. ♪and i'm feelin' good.♪ start a new day with trelegy. no once-daily copd... ...medicine has the power to treat copd... ...in as many ways as trelegy. with three medicines in one inhaler,... ...trelegy makes breathing easier for a full 24 hours, improves lung function, and helps prevent future flare-ups. trelegy won't replace a rescue inhaler... ...for sudden breathing problems. tell your doctor if you have a heart condition or high blood pressure before taking it. do not take trelegy more than prescribed. trelegy may increase your risk of thrush, pneumonia, and osteoporosis. call your doctor if worsened breathing, chest pain, mouth or tongue swelling, problems urinating,... ...vision changes, or eye pain occur. take a stand, and start a new day with trelegy. ask your doctor about once-daily trelegy... ...and save at trelegy.com.

bring you this she■s a hero moment. new york city. you have to have the skill and the drive to make it here. not all chefs are men. oh, she can't do that. she's a girl. women bring creativity balance into a kitchen. no one should go hungry. it■s a human right to know where your next meal is coming from. we're changing our community one bite at a time, and we're not done yet. if you can see her. you can be her.

- hiring is step one when it comes to our growth. we can't open a new shop or a new location without the right people in place. i couldn't keep up until i found ziprecruiter. ziprecruiter helps us get out there quickly and get us qualified candidates quickly. they sent us applicants that matched what i was looking for. i've hired for every role, entry-level technicians, service advisors, store managers. ziprecruiter helps me find all the right people, even the most difficult jobs to fill. - [announcer] ziprecruiter, rated the number one hiring site. try it for free at ziprecruiter.com i'm sholeh and i lost 75 pounds with golo. i went from a size 20 to a size 6. before golo, nothing seemed to work. i was exercising for over an hour every day. it was really discouraging. but golo's so easy, the weight just falls off.

(tony hawk) skating for over 45 years has taken a toll on my body. i take qunol turmeric because it helps with healthy joints and inflammation support. why qunol? it has superior absorption compared to regular turmeric. qunol. the brand i trust. when your cat's hungry, you definitely know. when he wants your attention, he makes it clear. when he wants to be left alone, he makes it obvious. but if your cat has oa pain, also known as osteoarthritis pain, he may be saying “ow” in different ways. it's a long-lasting condition that makes it painful for your cat to move like they once did, like when walking or climbing. red flags are everywhere. but cats are really good at hiding their pain, so you just need to know what to look for. visit catredflags.com to learn about the signs of oa pain and how your vet can help.

>> ainsley: this is a fox news alert. this morning, president biden is expected to address the collapse of silicone valley bank as a second bank shut down by regulators. >> lawrence: that's right. treasury secretary janet yellson insisting the federal government will not bail out the failed bank. taxpayers want to know if we're on the hook. >> brian: republican senator bill cassidy sits on the senate finance committee and he has been scrambled to join us on the couch today. we understand there is $100 billion fund that these banks put aside for situations like this. and that's what janet yellen is tapping into. do you agree with this. >> as long as tanks pairs first we have tension here. we do not want to bail out venture capitalists. period, end of story. we don't want to hurt the depositor not thinking it was going to fail. it is not the depositor's fault

it's the bank's fault. if we can do that without using taxpayer dollars that's the appropriate response. >> ainsley: are you concerned at all because you had the hedge fund manager bill ackman concerned more banks will collapse even if u.s. authorities intervene he says. >> two things. we saw signature going down today. and so it appears that people are aware of this. and yes, i think that more banks can collapse. by the way, by the way, this is a direct result of the biden inflationary policy. inflation is going up. the fed has to raise rates and when the fed raises rates these banks are being caught in the undertow. biden can go back to his $1.9 trillion blowing out the budget and can you draw a straight line to signature and have been going down. >> lawrence: what do you want to hear from the president when he addresses the american people what should he say. >> he should say one, taxpayer dollars are not involved. number two, the banking system is sound. number three, i'm going to stop pumping more dollars into the economy because i recognize when

i do this it forces the fed to raise up rates and that's what is sucking these banks down. >> brian: does it bother you the ceo dowrched $3.5 billion of stock the day before. does it bother you that the silicon valley bank had no risk assessment manager for nine months. >> it absolutely bothers me. a end from of mine texted last night he goes wait a second, you no longer have to run a bank prudently. can you just run it the way you want. and then the federal government is going to step up? so i think that's one, important, we not have taxpayer dollars involved. but, number two, you have got to look at that ceo oh a little inside trader action going on. >> brian: we knew inflation was going to go up. we knew rates were going to go up. if reknow that, how could the head of a bank not know that and theirenning board not know and this a not make adjust. s. >> i'm told people selling short stock going down looked at the financials months ago and traced it made $500 million. >> ainsley: woe.

>> lawrence: that's unbelievable. >> this was not a surprise. this was predictable. >> ainsley: there is talk in the senate about raising the age for social security to 70. where do you stand on this? it's bipartisan, i know. >> so, let's talk about social security. social security is a silicon valley bank of retirement systems. it is going broke. it's just a question of whether we let it bleed to death or do something right now. we need a credible plan. if a politician tells you that he doesn't want to fix social, that there is no problem. they are either too old or too rich to care. your benefits are going to be cut by 25% if we do nothing when it goes broke in nine years. so, you have got to have a credible plan. we don't know what the features of that necessarily will be. but you have got to have a credible plan and that's what we're talking about doing. >> brian: would you say raising the retirement age is something that you would subscribe to? >> i think that -- number one, raising the retirement age by itself will not do it. i mean, you would make it way

too high. so you have got to have a centerpiece which is going to address it. one thing that we do, which is the centerpiece of what we're talking about, is let's have a fund separate from social security, an investment fund which every other pension fund does. your pension fund, my pension fund, the viewer's pension fund. and, when you do that, you are going to get a better growth than what they're doing now. you can use the profit from that to bridge the social security fund to sustainability. >> lawrence: what is the likelihood of something like that passing? because a person like me, i feel like i'm not going to get my social. they are taking a lot of out of my check to make sure i pay for it though. >> lawrence, the only way we get out of this is if we do what i'm describing, a separate fund from social and let that grow. and when it grows it can bridge social to sustainability. that's what we need to do. >> brian: you are trying to solve a be pro. at love people like the former president and everybody at the state of the union said republicans will not touch social security and medicare, so

the president will just make hay with that. as opposed to somebody trying to solve a problem. i guess you are used to it. president biden also is going to -- expected to sign the willow project. going to green light it much to the consternation of al gore and other environmentalists your thoughts on thrgets the willow project, which allows oil and national guard development in alaska to go forward. in an environmentally sound way, creating jobs but lowering the price at the pump, lowering the fuel oil fuel costs for the people in the northeast. it should go forward, as long as it meets those environmental standards. for too long we are trying to push it the venezuela and saudi arabia produced oil that we need as opposed to produce it here with our environmental standards and creating jobs for american workers. let's do it. >> lawrence: it's a no-brainer. >> brian: it's not going to be ready for a while. >> it will take a while. >> brian: thing if he really wanted to do that let alaska pump the same way he did in the

trump years. he is not doing it? >> always going to have a little bit of yes we want to but no we don't as they go forward. i will just say when i'm reading in the "new york times" about people in the northeast, going bankrupt because they can't afford their heating oil bill, there's a direct line between that and policies which are trying to dampen don't north american oil production. >> ainsley: changing stance on crime and the border and now on oil and gas. >> on the one hand can you say it's hopeful and on the other hand you can say it's cynical. >> ainsley: say the elections are two years away. >> thank you. >> ainsley: thank you, senator. great to see you. senator, behind you is ashley and why are going to toss to her for headlines. >> ashley: start with a really sad story here. a new york woman is convicted in the murder of her 8-year-old stepson by forcing him to sleep in a freezing garage every night for months. prosecutors say the night he died from hypothermia in 2020 child and brother were locked in the garage for 16 hours straight with no blankets.

angela paulina now facing 25 years to life following the conviction. bitcoin jumping nearly 10% in rally for crypto currency after the silicon valley bank collapse. with today's gains the entire crypto market cap is above $1 trillion. this all comes as the federal government creates a back stop for svb depositors saying it will get clients their money by selling the bank's assets. u.s. regulators also close add major crypto lend tore stem any more damage. actor ray lopen is calling out anti-christian bias in hollywood about the most recent episode of hbo's tv show the last of us. as soon as the david character in the last of us started reading from the bible i knew he was going to be a horrific villain. could there be a bible reading preacher on a show who is actually loving and kind? now to golf, saudi shepler cruises to victory saw grass. shepler back to number one in

the official golf rankennings and taking home pga tour history. the highlight of the day belonged to alex smally in the iconic 17th hole. watch. >> this happened just a short time ago at the 17. 26-year-old alex smally, from 133 yards. bounce it in. >> ashley: i could probably do that. let's be real. that was one of the three holes in one at the island green this weekend. >> ainsley: that's amazing. >> brian: that's the island that gives everybody trouble. hit it on that or blow the whole tournament. >> learn to play golf. always getting invited. >> ainsley: never played? >> played in vacation one time and i didn't do so well. so, it was a real shot at my ego because i'm typically a good athlete. >> brian: if you are not going to be good don't do it.

>> lawrence: i can't do it. >> ainsley: i'm happy scheffler one 3.2 million? he is a really strong christian. i love him. god is blessing him. >> brian: also if he was your uber driver you would tip him big. >> ainsley: i would tip him more. over to janice fox weather forecast. [sirens] >> ainsley: whoa, something is going on. >> brian: your husband? ains. >> janice: no my husband is home taking care of lunches. god bless him. take a look at the weather. it's going to be pretty yucky in the northeast over the next couple days. we have a nor'easter and warm temperatures across florida some severe storms actually could erupt today over the northern and central part of florida and southeast. and we are talking about coastal low that's going to develop and bring not only very gusty winds but rain along the coast. we have flood watches and warnings and snow especially for interior sections. here in new york we could see a little bit of snow on the back side but mainly going to be rain and slush and yuck. there's the snow forecast over a

foot or more for the mountains of upstate new york in towards new england. there's where the jackpot snow is going to be. tomorrow is just going to be a mess. of course, travel delays are going to be imminent. we could see widespread power outages. not a great forecast. and then along the coast, a lot of kids, especially my kids, are hoping for more snow but it looks mainly rain and sleet maybe freezing rain and snow later on tomorrow afternoon. so we will keep you up to date. then, of course, cross the west. another big story. another round of rain and snow over the next couple of days track that with fox weather.com. if i could, lawrence jones was on the janice dean podcast and posted and it's amazing. >> ainsley: what did she talk about. >> janice: everything. maybe him running for politics. >> lawrence: we talked about that, too. >> janice: and a book coming out. there is a tease. >> lawrence: janice got the

exclusive. >> ainsley: thank you, janice. as most americans feel we are going in the wrong direction. dave mccormick a battle plan to rescue the country. stop the nation's decline and win for nation's conservatives win for nation's conservatives coming u p next. at helping people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb. the most serious side effects are angioedema, low blood pressure, kidney problems, or high blood potassium. ask your doctor about entresto. ( ♪ ) the future is here. we've been creating it for more than 100 years, putting the most advanced technology into people's hands. generation after generation. tool after tool. again and again.

bringing you the broadest and most reliable network of service dealers. always moving forward. we lead. others follow. if you have this... consider adding this. an aarp medicare supplement insurance plan from unitedhealthcare. medicare supplement plans help by paying some of what medicare doesn't... and let you see any doctor. any specialist. anywhere in the u.s. who accepts medicare patients. so if you have this... consider adding this. call unitedhealthcare today for your free decision guide. ♪ i'm feeling better. body pain? headache?

nope. all in one and done. cuh-congestion? better. cough? fever? better. mucinex all in one relieves 9 symptoms in 1 dose. it's not cold and flu season. it's always comeback season.

new peculiar, called super power in peril david mccormick outlines a conservative vision that can rescue america from decline. he is an army veteran. very successful businessman, former pennsylvania senate candidate david mccormick and he joins us now. >> hey, nice to see. >> you congratulations on the new book. look at what is happening in pennsylvania in your state with the ballot. is it unconstitutional what he they're doing there and how can conservatives win. >> the most important thing is for us to have a vision how we take the nation forward. that's what this book is all about, because we are on the verge of decline here america is headed in the wrong direction as you say renewal or decline is a choice. this book is about the choice where we take america and vision for doing that great ideas to win elections. we need great candidates great ideas to win elections and have leaders that put those great ideas in place you have a battle

plan to renew america and leadership principles, the first one is educate our people. you say it's the gateway to the american dream. >> yeah one of the things you learn as a ceo lots of things broken zero in on the thing make the biggest differences three or four big things. educating our people is where you start. look at the abilities of our kids, math, science, engineering would he go are slipping in the world. what we learned during covid is our kids are being taught a history of america that none of us even recognize that america is not exceptional. a force for good in the world. >> ainsley: so focused on that instead of eating and writing and arithmetic things that are important. >> we need to minority and blue car kids i i agree grew up with the opportunity. pursue the american dream. also need to make sure that we have skilled workers one of the things i learned on the campaign trail there is lots of companies

that are job openings with you don't have skilled workers to fill them. make that a huge focus in our country the american dream can also -- have to go through four years of college path to the american dream great skilled training that gives you great jobs. >> ainsley: if your children have a skill then they will always be able to find a job. what about confronting china? you say you talk about this in your book what it really poses an existential risk to america. and america's role in the world. it's a techno authoritarian model that we have to confront. we lay out a vision for how to do that. we need a whole of nation strategy that decouples china in semiconductors and pharmaceuticals. hold china accountable for covid and terrible human rights abuses. we need restricted u.s. companies from investing in the pla in communist china. we have venture capital companies investing in companies that do business with the communist party and chinese military.

work with our allies to make sure we have a plan that we bring together to front china and ambitions around the world. >> ainsley: i know you are an army veteran. you write about securing america through a thriving economy and a powerful military. >> yeah. we absolutely -- if you look at the biden budget that's being proposed it's really a cut for the military because inflation is over 6% and budget increase is 3%. we need a plan to make sure our military is as powerful as it needs to be. >> ainsley: congratulations on your book. are you going to run again do you think? >> i'm thinking about the best way. i wrote the book because i think america is going in the wrong direction. >> ainsley: everyone pick up this book. you are a genius. we need to take advise from you. >> my wife would not agree with that. >> ainsley: class is in session with professor larry gatlin, the country star shares his own song writing course with us in the next hour ♪

skin your face will envy? with olay hyaluronic body wash 95% of women had visibly-better skin from dry to moisturized in just 12 days.

be fearless with olay hyaluronic body wash and body lotion. i have moderate to severe plaque psoriasis. now, there's skyrizi. ♪things are getting clearer♪ ♪i feel free to bare my skin♪ ♪yeah, that's all me♪ ♪nothing and me go hand in hand♪ ♪nothing on my skin♪ ♪that's my new plan♪ ♪nothing is everything♪ achieve clearer skin with skyrizi. 3 out of 4 people achieved 90% clearer skin at 4 months. in another study, most people had 90% clearer skin, even at 4 years. and skyrizi is just 4 doses a year, after 2 starter doses. ♪it's my moment, so i just gotta say♪ ♪nothing is everything♪

serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine or plan to. ♪nothing is everything♪ now's the time to ask your doctor about skyrizi, the number one dermatologist prescribed biologic. learn how abbvie could help you save. ♪ ♪ >> lawrence: poco a fox news alert, president biden will address the nation in the next hour at 9:00 this morning after the collapse of silicon valley bank over the weekend. >> brian: here we go now from a second bank collapsed in the aftermath. >> ainsley: alexandria hoff live at the white house for us, alexandria. >> good morning, yesterday president biden said in a statement he will hold those at the home accountable pure to be expect to hear more in about an