Who's paying to rescue Silicon Valley bank depositors?

The lead starts right now.

America's banking system remains safe that reassurance coming from President Biden

after the biggest U.S. bank failure since 2008 and now other banks are sounding the alarm

as their stocks take a tumble.

Plus, extreme weather, coast to coast, the major storm bearing down on the northeast

as even more rain keeps California under water and border surge.

Crowds try to rush a Mexican bridge to get into the United States.

Plus, we're visiting a spot at the Canadian Borse border, also seeing a spike.

Welcome to the lead-on-take tap on the start today with our money lead and the market's

closing moments ago.

You hear the bell right there after President Biden tried to reassure the American public

that their money is safe.

The President's remarks coming after two banks went under within just a matter of days.

Silicon Valley bank collapsed on Friday.

That's the biggest failure ever.

U.S. banks since 2008.

And the government of the state of New York shut down signature bank last night claiming

that signature was on the verge of collapse.

The federal government has since taken over that bank.

President Biden rushed out to the cameras this morning before the markets could open to

try to calm the American people.

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