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 Janet Yellen commenting on one aspect of the biggest bank collapse since 2008.

We'll break down what's happening with Silicon Valley Bank in just a moment.

Plus, we'll bring you Mike Pence's strongest criticism yet of former President Trump,

though those comments came off camera.

We'll have them for you.

And my new reporting on the growing differences

behind the scenes between Washington and Kiev regarding the goals of the war and how and when

the conflicts may end.

Good morning and welcome to a too early on this Monday, March 13th.

I'm Jonathan Lemire, and thanks for starting your day and week with us.

We'll begin in Washington, where in just a few hours, President Joe Biden will address the nation following

the second largest bank failure in United States history.

At 9 o'clock this morning, Biden is set to discuss his administration's response to last

week's collapse of Silicon Valley Bank, and he'll assure Americans that, quote,

their bank deposits will be there when they need them. On Friday, the

country's 16th largest bank and one of the leading lenders in the tech sector was shut down

by federal regulators. Its clients include the e-commerce company Etsy, the digital streamer

Roku, and gaming giant Roblox. So how did we get here?

...