If it's Tuesday, the Justice Department and the SEC open an investigation into the

collapse of Silicon Valley Bank as dual bank failures and new warnings about the health

of the U.S. banking system, keep consumers, the markets, and Washington on edge.

Plus new tensions between Russia and the U.S. as Russian jets intercept and then collide

with a U.S. drone over international waters and what U.S. forces are condemning as a reckless

and unsafe act by the Russian military.

And President Biden breaks with progressives on some key issues as he takes executive

action on gun background checks ahead of the expected launch of a 2024 re-election campaign.

Welcome to Meet the Press Now.

I'm Kristen Welker.

We begin this hour with the continued instability in the nation's banking system amid mounting

questions about what led to the collapse of two key banks.

How many more may be at risk and what if anything can be done to prevent this from happening

again?

Two sources familiar with the matter have now confirmed to NBC News, the Justice Department

and SEC are investigating Silicon Valley Bank's collapse.

That news was first reported by the Wall Street Journal.

NBC News can also confirm that the Justice Department will look at why executives at the

bank sold shares before it failed.

The Justice Department has declined to comment that comes as just moments ago, the markets

closed up today for the first time and nearly a week with regional banks rebounding from

their losses yesterday.

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