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 hour from now.

the goal overall will be to instill confidence in the american banking system. federal regulator said depositors will have access to their money today. the measures have effectively waived $250,000 insurance and of $220 billion in assets uninsured. at least 29 companies were impacted by svp collapse like pinterest, fitbit, ziprecruiter to name a few. the same has been done for new york signature bank, which was shut down over the weekend pure treasure secretary janet yellen said the action does not equal bailing out the banks. >> we are in the middle of a financial crisis. if you were investors and owners of systemic, large banks that were built out and we are certainly not looking to reform put in place and that

means we will not do that again. but we are concerned about depositories ever focused on trying to meet their needs. >> ceo of pershing square eckman agrees this was not a bailout in terms of how the term has been used as of recently mainly because taxpayer funds will not be injected. he did at this in a tweet, "laura payne's will fail." but now we have a road map how the government will manage them. it is a massive wake-up call. the financial crisis stock and bond investors will not be protected by this emergency move. the news announced that silicon valley bank british arm has been purchased by hbc, 1 pound and u.s. regulators still looking for buyer for silicon valley bank. >> brian: quite a crazy day, alex, thank you so much. >> ainsley: it's bring in the president of the start up company flow health impacted by the collapse of silicon valley

bank. good morning to you, alex. >> good morning, thank you for having me. >> ainsley: tell us how this impacted you and your company. >> so, we actually did not bank with silicon valley bank. that is shut down in the crisis definitely affected us last week. our payroll provider is something where another start-up well-funded. we've been using them over a year appear the way payroll services works is a payroll provider will debit our payroll from our bank account, sweep it to their bank account basically 24 hours prior to our payroll being dispersed to employees. so, last week, the timing could not have been any worse for us. our payroll was debited on wednesday evening and on friday morning, our employees were supposed to be paid and they were not paid. we received a message from the paper roll provider to hr

department telling there was an operational issue and hr contacting me i knew what was gg on with silicon valley bank the night before and immediately connected the dots and told my head of hr, we are in trouble. using cultural language, and silicon valley bank with the crisis management. >> brian: so, have you guys been able to pay your vendors and employees yet? and if you have come a win do you expect that to happen? >> it didn't affect their business because we think at another major bank. we were capitalized in anything besides employee payroll. so employees after being involved, putting pressure on the payroll provider and speaking to the media, the payroll provider started working for another bank. we got some of the employees paid friday and saturday. the rest of the employees are

being paid this morning. we have backup plans to basically double fund payroll. we were going to figure that out no matter what to take care of our employees. the point is they were so many businesses beyond the payroll services that have hidden risks. working with other businesses at banks, they have seen failures and challenges. >> law>> brian: what would you e to see happen hopefully coincides with the most responsible thing? we know about the $100 billion fund set aside by banks with taxpayer money. with that fixed the problem? >> you know, it definitely fix the problem with silicon valley bank. as i said to another outlet last night, this is like a canary in a hole mind situation. how maturity securities and other issues probably that we will see more banking failures coming up. even if we don't bank at that

bank, their business and personal life can be affected. >> ainsley: you wake up and say, that is not my thing. my money is safe. then you find out your story is like yours a trickle-down effect. thank you, alex. >> thank you for having me. >> brian: hopefully things work out for people like that trying to run a business. >> ainsley: thankfully, alex found the money to pay his employees. what would happen if it was a small business? he has a thousand employees. >> brian: silicon valley bank has relationship with 60,000 businesses. the ceo on tuesday takes a week off, caches and his stock and all the employees got bonuses, they had no risk-management officer for nine months leading up to this. >> lawrence: it is unbelievable. >> brian: you would think there would be so much crisscross with regulation since 2008 this wouldn't happen. >> ainsley: a bank shouldn't run without risk management individual. >> lawrence: nine months without one. >> brian: they have an equity

manager for all of these get to know yourself day. >> ainsley: that was a good story over the weekend. two banks collapsed and some say there can be more on the way. a big story, the video release three different types of videos released with 1,000 migrants rushing this bridge linking mexico to the united states. you see the bridge, the side means happy travels. they are running into our country. thankfully the cdp increased manpower. >> lawrence: the interesting thing, we have seen this a lot at the border recently. typically, they get intelligence about when there is a big group, like a caravan or something to cross the border, interestingly enough, i talked to josie and chaz who is -- joe sanchez, the last stop of border insecurity and he said ts no intelligence this would happn so we had to get into gear and

they backed them up and finally mexican authorities got involved as well to stop these folks. but again, this is another disaster under the biden administration and their open border policies. these people think they can just rush the border. >> brian: you have this parole program that venezuelans, nicaraguans, cubans would have to apply to get in and if you didn't qualify for asylum, which is another question, you just say come i have a bad government. we can't take in three com trees population. then we provide -- what is going on they are and how did they get into mexico? number one, the minute they get to the border they are expelled, eliminated for getting in because they have violated our laws. this parole program. think about this, last week the kidnapping and murder and then the literate response from the

president of mexico and senate republican lawmakers saving not only do we have fentanyl in our country but lay off a fire cartels and if you don't stop with republicans i will hold a mexican americans to not vote for america. on top of that scum you have the president of china calling us out directly. you have all of this disrespect around the world that is coming our direction. we are not projecting strength. people do not fear us anymore. >> lawrence: and even a lot of us say again, what is going on? somebody who knows about it is joe sanchez, the department of public safety in early had to say this, watch. >> so we had zero intelligence this was going to happen. everything was dispersed. the initial report i got was we had 2,000 migrants attempting to cross the bridge. our person responded the backup cdp partners. and thank goodness that governor abbott is a big

supporter of operation. he has provided us with the resources that we need to help prevent some kind of incursion like this. >> ainsley: i think our president looks weak on the global stage. china is taking advantage of that. people from mexico, venezuela, they are taking advantage of that year they were coming across wearing biden t-shirts because they know he is allowing him to come in but it they say it is a cure but clear it really it is not. >> brian: the russians and chinese and iranians, they are all in that area flipping these government, using their influence. that is what happens when you take your eye off of the bowl. >> lawrence: you have a commander-in-chief that is weak. and taunting the u.s. now. >> ainsley: afghanistan when we had the hearings on afghanistan, they brought it all back to us. we talked about it forever, and kind of put it out of your mind for a while. then watching these hearings

really is a reminder how weak this administration is. >> lawrence: you can't make the call, it what it boils down to pure do we learn from the testimony. >> brian: he will talk about the financial crisis today to see how to make that call. ashley, news. >> good morning, guys fox weather alert, californians are bracing for another powerful storm and parts of the state pummeled by an atmospheric river systems this week and leaving to go dead and thousands displaced. california national guard sharing footage of rescue efforts after trapped in their cars by floodwaters. meanwhile a powerful nor'easter threatening the east coast bringing a 3-foot of snow this week and it is expected to impact travel in the deep south as they face severe hail and tornado warnings starting today. stay tuned for a live weather report from senior meteorologist janice length and want the stories, download the fox weather app on any tv device.

a graphic camera with hazardous radio material gone missing in houston. texas authorities say it was stolen from a work truck on thursday and warned the material inside could cause someone to lose their fingers if they aren't careful. the camera is used as some sort of portable x-ray. usually at construction sites. the police are scouring pawnshops and the report is being offered for its return. 3 million households in america renting instead of buying despite making $150,000 more. that is according to a new report from the u.s. census bureau. households making $150,000 or more rose by 87% from 2016-2021 as mortgage rates sort and supplied dwindles. national canine veterans day and earlier we spoke to project canine hero's founder and ranger veteran who says the foundation is changing lives as veterans and their pups. >> we couldn't do what we do

without these heroes. >> they pay thousands of dollars to help him get better. some of the surgery had to do after he got out. so, it has been an absolute blessing to have the support. >> in a special shout out to lawrence jones and canine here for the interview and currently in training. what a cute little pup. those are the headlines, back to you. >> ainsley: how long have you had her? >> lawrence: of header for eight months or ten months. >> brian: what are you going to do. >> lawrence: i'm going to keep her. when your first assignment of training a dog, don't get attached. and i was talking to the other trainer and he's finally learned how to not get attached. you bond with them and travel everywhere but sometimes just me and her. >> ainsley: these dogs. >> lawrence: it is to help the

veterans with ptsd. a lot of them end up after they get the dog operators so they go back into the military. after i got in a la, got attached to her and the purpose so i will keep doing it. >> ainsley: so she helps veterans now? >> lawrence: they train with the veterans before they get their actual dog. speed when i an idea, keep the d fight crime. so when you are done. >> ainsley: there is a lot of it out there. >> lawrence: you are going to become a police officer? >> lawrence: it is in the works. >> ainsley: really? you never told me this? >> lawrence: i wanted it to be a surprise. who told you? [laughter] >> ainsley: when were you going to make the announcement? >> brian: brian just ruined i

it. >> lawrence: we will discuss it later. >> ainsley: the oscar stage this year. >> lawrence: exactly. speaking of hollywood, hollywood hosted its biggest night of the night last night at the 95th academy awards with big winners from actress who never gave up. >> brian: so to speak, and the drummer remained cool after infamous lap last year and 70 hours. >> ainsley: todd piro with the highlights. >> there was no way to follow that but i will try, no film and then everything everywhere all at once. took home seven awards including best picture and best original screenplay. ke huy quan winning best supporting actor for the film getting an emotional speech on his american dream. >> my journey started on a boat. i spent a year and a refugee camp. in some how come i ended up here on hollywood's biggest st stage.

[applause] they say stories like this only happened in the movies. i cannot believe it is happening to me. this, this is the american dream! [cheers and applause] >> brian: it sure is an jamie lee curtis at 64 winning first ever best supporting actress and black panther angela bassett not too happy about it as curtis took the stage. there she is right there. that is a look. brendan fraser for "the whale" and oscar calling his career to come back. >> i just want to say thank you for this acknowledgment because it couldn't be done without my cast. it's been like i've been on a diving expedition at the bottom of the ocean and the error on the line to the surface is on a launch to be watched over by some people in my life. >> brian: return host starting

the night off to that slap last year and promise for no violence. >> we have strict policies in place. if anyone in this theater commits an act of violence any point in the show, you will be awarded the oscar for best actor. [laughter] no, but seriously the academy and the crisis team are in place. if anything unpredictable or violent happens during the ceremony, do what you did last year, nothing! >> one more fun facts before who i reference the first sound bite he was short round in "indiana jones" back end '80s pier that was four years after the refugee camp he referenced in the sound bite. just think about the american dream. that is it right there on every single level. >> lawrence: a big moment. >> ainsley: and michelle yeoh won best actress and don't let anybody tell you you are past your prime. >> brian: we know what that is

to. >> ainsley: she did not want applaud. >> brian: she is not happy to lose. just show your emotion. >> ainsley: who hate to lose. >> lawrence: she didn't do anything negative. she just sat there. and honestly -- we have been evincing the movie. what movie was that? >> brian: black panther. >> ainsley: the movie that won jamie lee curtis "everything everywhere." >> lawrence: that is what i'm talking about nobody knew what it was but congratulations. >> ainsley: jamie lee curtis, i thought surely she had won and oscar before. 18 minutes after the top of the hour royal snub meghan and harry invited to the coronation but may have to leave the kids at home here there was more on the growing rift across the pond. >> brian: country music star

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♪ ♪ >> lawrence: fox news alert, president biden set to speak at the top of the hour before the u.s. stock market opens as wall street braces for the full level of two bangs. the collapse of silicon valley bank being built around the world as the british arm by hsbc holdings with a price of 1 pound. the native and hosed piers morgan here to react. what is your reaction to this?

are we in trouble? >> first of all, i'm a u.k. native. it sounds intriguing so thank you for that. but look, the u.k. has been pretty quickly here, actually. the weekend to sort this out and they moved in quickly and persuaded hsp to buy per pound $1.20 and that seems to calm things temporarily hear the question is twofold, it is innate taxpayer money in the u.s. to be used to try to bail out and i think the answer for the public is and for the taxpayers absolutely not. the administrations both in the u.s. and u.k. are mindful of that. the second, how many small banks may be in trouble if this carries on? these are testy times to hear. >> lawrence: everybody is worried about the ripple effect.

i want to get a comment on another topic. apparently the prince has been excluded from their grandfather king charles coronation. and also prince andrew is upset he hasn't received any of the queen's $280 million fortune. first, your reaction to the grandchildren not being invited to. >> you know, we used to watch dallas and dynasty in the u.k. and think, all of these people are so ridiculous, they are rich, entitled, spoiled and there was always drama. now we have the royal family and exactly the same way. and i think getting a little bit tired of the meghan and harry rodeo, which seems to try to make everything the world about them. let's be clear, archie is three years old. the other one is one, way too young in my estimation with four kids to be stuck in agony watching a coronation spirit so,

i think it would be ridiculous for them to be there, especially flown all the way from california with all the jet lag. but what we know about the duke and chuck duchess of sussex they will want to have as much aroune real royals, the a-listers that they can get so they can make money off of the back. we have seen the netflix documentary, the book, and song. so i suspect meghan and harry will want their kids there simply because it shows expanded, titled royal family. >> lawrence: piers i am from dallas in this drama right here supersedes this, real life. what about prince andrew and his rating is higher and he is the one that sexually assaulted women, but higher than the marco's? and i say the marquis because they will have that lessening? >> i'm actually from sussex, a

county in england. i object to being called the duke and duchess of sussex. i spent more time in sussex this weekend than they have ever spent in their entire lives. i don't understand, also, why meghan and harry, why do the meghan markle want to give their kids these titles? have they got permission from their children? no, i thought they said the monarchy was a prison camp. why would they want their kids to have these titles? prince andrew, who is more popular in america right now. he wants his late mother's money. of course, he does. he had to give most of his money away to a woman he claims he never met who made allegations of sexual assault against him there the whole thing, like pointed out makes it like a tea party just weeks away from the coronation. all hell would be breaking away.

>> lawrence: i've never been invited to a tea party, and you might as well be invited for tea also will so. >> we don't invite tea parties when it comes to britain for obvious reasons. [laughter] >> lawrence: thank you, piers. make sure to watch piers morgan on "uncensored piers morgan" 10:00 p.m. eastern time. flocking to iowa and governor ron desantis and president trump era dana perino on 24 preview shaping up the hawkeye state. that is next. of prayer and meditation want to start with a five minute daily gospel? sure. take a deep breath and focus your attention on god in the name of the father, mother, son to the holy spirit.

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♪ ♪ >> ainsley: the potential 2024 preview is shaping up. fox news learning fortis governor ron desantis will visit new hampshire next month. the state that holds the first public and primary. >> lawrence: this visit coming on the heels of last week's trip to iowa along with nikki haley, donald trump heads there today. >> brian: it makes me excited about 2024. cohost of "the five" an american newsroom, stop by to see his

first. >> i love being here. >> brian: don't you love this part of the races? >> i do. >> brian: what do you think desantis over the beacon and trump coming? >> and some people's minds it is a race between two people. not everybody, nikki haley, mike pence was making a move this weekend as well. but really come i think a lot of people in their minds think it s between trump and desantis. in a way when it is like that each candidate makes each other better. so desantis decides to go to iowa for his book tour appeared everybody has written a book and about to come out. i was probably not on your list. book tour places, not a typical place to go, but it was a stop for ron desantis peer that is smart. trump didn't win iowa in 2016 but he went to iowa many times with a strong basis of support there. you see all these articles

stating, much more disciplined campaign this year with a great team around him and he does appear those stories don't show up by themselves. somebody is pitching those stories appear that if somebody on his team in the background, i will put this turtle on a fence post and ask how they thik it got there. "the des moines register," they have a poll 80% of iowa republicans have a favorable rating of trump here at 74% favorable rating of ron desantis. what happens here? >> one of the things about president trump 100% name i.d. and he's been president and the news a lot but not as much as the past but everybody knows him. governor d santos means he has room to grow if he wants it. apparently, he had big crowds. now he will go to new hampshire, another thing about trump and desantis and nikki haley in iowa and tim scott as well, i don't need to name them all but republicans are not writing off the midwest. a lot of democrats are feeling,

maybe we have written off the midwest because they will not do iowa first but south carolina. >> brian: and then new hampshire and kicking the teeth to the people new hampshire who don't like joe biden anyway. >> new hampshire and its four elecelectoral votes but we haven in the presidential contest. >> lawrence: dana -- >> a season. i'm pretty excited about it. everything will be okay is a podcast that goes off of the book that came out in 2021. i had an opportunity to talk to major people who add major career changes. i will talk to benjamin hall. you know his story. you know i heard him say the other day, everything will be okay. jaden warshaw works with dave ramsey in asheville. she and her husband had $250,000 of student loan debt and they got out of it. and ashley brown who run

selfless love foundation and that is about caring for foster kids out of the age out of the system. if you are 18 and in the system, you are out. half of those kids in america become homeless. she is trying to work on that. i'm excited. >> law>> brian: by the way, howo we get there? speak with a podcast, it launches today. >> brian: -- >> we booked the president at 9:00 a.m. peer of the president will speak about this bank situation and to make sense of it all, dan patrick talking about what's going on at the border and decided to not run for the nomination but here to talk about all things going on in politics. >> lawrence: dana and bill. hammer time. ainsley: watch dana and bill hemmer at 9:00.

>> ainsley: we have a fox news alert, president biden to address the fallout of the two shut down banks at the top of the hour. >> lawrence: senator john cornyn joins us next as investors want the collapse may not be the lastking next. lif ♪ ♪ i'll be honest, there are days i forget what she's supposed to be taking. hey, i get it... and you're not alone in this, ok? so james, all these prescriptions. are they covered? that's right. with your medicare plan you get low-cost copays. thank you. let's talk about making things easier. walgreens is here. ♪ >> tech: when you have auto glass damage, trust safelite. we'll replace your windshield, and recalibrate your advanced safety system. so automatic emergency braking and lane departure warning work properly. >> singers: ♪ safelite repair, safelite replace. ♪

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less. my understanding is this bank was making long term investments and wasn't ready for the spike in interest rates caused by the fed raising the discount rate. but hopefully, there will be a smooth transition to protect all depositors without the taxpayers being fit for the bill. >> brian: you are the experts in these guys run banks, but did they'd not know rates were going up? it's the most televised thing in finance. >> it is bad practice on their part. some of the rumors about people getting paid bonuses or other irregular activity before this happened and potentially the depositors and maybe some point the taxpayers on the hook is risky business. it ought to be discouraging. i hope regulators will weigh in and explain exactly what happened.

>> can we take a look at svp? the president will address it. we can't help but see what happened at the border el paso and a coordinated search with 1,000 illegal immigrants surged at the border. thank goodness they were somewhat prepared for that. i think may be social media heads out. when you see video like this, even though you are used to the collapse of the border, what are your first thoughts, senator? >> well, this is exactly president biden's open border policies are inviting. the attorney general merrick garland acknowledged this as part of a plan of the cartels, transnational organization to get richer who was funneling because they overwhelmed the border and border patrol and here comes the drug that took 108,000 american lives alone. this is part of the plan and president biden is not prepared. unfortunately he insists on not working with congress to solve

that problem. i'm ready and able to work with him but it seems like he wants to go at it alone. so far, it's not working. >> brian: so far you do have a plan. you want to announce a resolution to expand on that for our viewers? >> i think part of the president's policies are attracting more of the illegal immigration and the perception that there are no consequences associated coming here outside of legal immigration channels. so, once again i think the president will try to go it alone. we will get introduced with the congressional review act the way congress overrule that administrative rule because i believe it will do nothing to make things worse but not better. >> brian: senator menendez feels the same as senator cornyn. i want to make sure nicaraguans, venezuelans, cubans, have a chance to seek asylum here.

threatening the president over the weekend. where does that come from? >> well, certainly i don't understand that point of view. i represent a border state. as many of my colleagues have said, we are all border states now. the drugs, all four corners of our country. so, i don't understand those who say, no, we want more of this. we need to have orderly, humane legal immigration and stop the drugs coming across the border. what we are doing now. >> brian: best of luck with the finance committee and with your resolution. all right, meanwhile, we check in with senior with senior meteorologist janice dean. she has got a great hat and great weather news. >> you know i tried something with this hat. you know how much i love hats. i'm going to try to bring more hats back to the weather forecast. let's look at the maps christine

moore, by the way designed this hat. i'm excited to support this beautiful hat in this yucky day at across new york city. a coastal low that is going to form over the next 12-24 hours bringing mainly rain on the coast. interior sections will get socked in with quite a bit of snow. the snow totals in the mountains 12-24 upstate new york and england. we will monitor that and fine-tuned the forecast but new york city will just be a slushy event starting today through wednesday. the west coast, more rain along the coast and snow for the sierra region 2-3 inches reading san francisco. this has been an ongoing situation and brianne come as you mentioned last week, it is a racing from a lot of drought. in my 20 years come i haven't seen the fact we are seeing no drought over some areas of california.

flash flooding is going to be a concern. foxweather.com for the latest details. over to you briankilmeade.com. >> brian: thank you for that and it is great that drought is over and the people in the mountains are still stuck and can't get power. >> more of the same. >> brian: gavin newsom is on vacation or something, who knows. we will talk about that in the green room. >> k, brian. >> brian: meanwhile, country music star and grammy winner larry gatlin joins us next on songwriting course. ♪ ♪ my h ♪ 't ♪ ♪ i go to spin classes with my coworkers. good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50. but shingrix protects.

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♪ ♪ >> lawrence: so, from the stage to the classroom, country music store larry gatlin teaching songwriting course a at -- >> ainsley: here to tell us more grammy award winner and professor himself larry gatlin, hey, larry. >> how are you all? >> ainsley: i love it because you are pouring into these kids. >> i told them, they were to kind of people in the world, only two kinds, sponges and rocks. it is your choice.

i told them this story. in 1965, i was a senior anna louise jones high school. she came up to me and said, "larry i want you to do a book report for extra credit." are you kidding, ms. jones i don't need extra credit. first of all, mere favor and second of all i will make a capital a. i want you to read that book. so i did. that was '65. 13 years later, 13 years come i was stuck in a traffic jam from hell and i was on my way to burbank to meet iconic rock 'n' roll. and i was stuck in the traffic jam and right in front of me, the cork was a 1958 mercury station wagon. 20 years old. oklahoma license plate. kids hanging out of the window pots and pans and i don't know with a mattress on top but it looked like that old buggy --

and i have no internal dialogue. it is always come if you don't know me as well, mr. jones. >> lawrence: they are from texas. >> you get the scenario. i said out loud in one stream, "these poor oklahomans thinking they come here to get rich and they look like the wrath." and the middle of beverly hills and someone else's name. i wrote it down on a slip. the traffic jam broke up and i went over to burbank and i met a pleasant man. i sat in the car and it was 5:07. i knew i had to leave 5:15 to go to another meeting. in 8 minutes, i wrote that song that has changed our lives. not just our lives. you think about downstream but i might have been might not been an essential worker, but those people who sold tickets to our shows and ushers, people who got

downstream, they think -- >> brian: let's talk about that class. >> i had a lot of talent and they were of sponges. they dug in and squeeze themselves out. we had a little talent show the last class and you want to leave with those kids did. one young woman said, why did you plant the seed if you were only going to leave? and they just continued. >> ainsley: wow! >> and moms and dads and friends and total strangers. and whether songwriters come i said, "your life if you want to write, read, william fortner said read bad reading so you will know what it looks like." one of my favorite professors alan bloom, closing the american mind, he said the failure to read good books both in peoples

the vision and strengthens the most fatal flaw that the here and now it's all there is. for some kids, the here and now is the same as it is for kids and used in peer they want out. from where they are right now and the way we have heard it. >> will you go back another semester? >> i hope so. i had a great time with great kids. and dr. woodley for letting me come in for you all for letting me be on. god bless. good to see you. >> lawrence: more "fox & friends" coming up. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ because you can't shut your eyes, it's not too late for another treatment option. to learn more visit treatted.com. that's treatt-e-d.com.

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>> this is a fox news alert. any moment now president biden is going to address the nation after the abrupt collapse of silicon valley bank over the weekend. >> they want to reassure bankers in regional banks it won't be 2008 all over again. there is a plan in place to make the depositers hold. investors might have a different story. >> you have to be transparent with the american people. a lot of people are worried. the president will have the task of bringing calm while being honest that we don't know what will happen next. >> after silicon valley bank collapsed, signature bank based in new york deep ties to the

tech industry also closed. everyone will get their money back we're being told by the feds. this is the roosevelt room live at the white house. dana and bill will be covering this soon the president comes out to speak and have it live for you here on the fox news channel. >> this is one he will show up on time to. more of this on radio, too. >> you are on "the five" today. >> thank you for watching. >> bill: good morning, everybody. market will open up 30 minutes from now reacting to the largest bank collapse since the financial crisis of 2008. will the fall of silicon valley bank be a symptom of a larger downturn? haven't been here in 15 years as we say hello on monday morning. hope you had a good weekend. i'm bill hemmer. >> dana: i'm dana perino and this is "america's newsroom." i was having a few flashbacks, 2008, yeah, i was there. >> bill: you were in the heat of it. >> dana: we have people to explain it today. president biden is about to addres