Let me be clear that during the financial crisis, there were investors and owners of systemic

large banks that were bailed out, and we're certainly not looking.

And 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.

Treasury Secretary Jenny Allen showing support for people who deposited money in Silicon Valley Bank.

She says the feds will not bail out the second largest failed bank in U.S. history.

We're going to have the latest on this developing financial crisis.

I tell you what, it was a crazy weekend.

And yesterday, the White House working along with people across the financial industry

doing everything they could to stop a meltdown.

And it looked in the early afternoon like that meltdown was coming.

They understood that China's markets were going to be opening at eight, nine o'clock at night,

and they had to get things lined up before then.

So the Asian markets didn't collapse, which would cause U.S. markets to collapse this morning.

And it was touch and go, as you know, because we were on a lot of calls yesterday afternoon.

It's touch and go for quite some time.

It looks like for now they've stemmed the bleeding.

But this, for a while, was looking like it could spread much like 2008.

Absolutely.

Meanwhile, Mike Pence finds the courage to speak out on Donald Trump, but only behind closed doors.

And off camera. We'll recap for you what he said during a media dinner with no cameras. And speaking of the former president, Trump makes a campaign stop in Iowa today. Just days after Ron DeSantis delivered campaign-style speeches to voters there.

Also ahead, we'll have an update on the fighting in Eastern Europe and signs that there are some cracks in the leadership between the relationship between the U.S. and Ukraine.

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