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CNN CNN Newsroom June 4, 2024 17:11:00

Ive been pretty right in saying recession fears are overblown. but where i am right now i want to remind viewers of one thing. the banks that are in trouble now are small banks. the thing about small banks is theyre small. thats completely different than 2008. so if we do have further banks like first republic collapse, that will be very sad for the folks who work there and the shareholders will lose money. but in terms of its implications for the broader american economy as a whole even if all ...
U S First Republic Bank Alexis Glick Silicon Valley

FOXNEWS Special Report With Bret Baier June 4, 2024 22:58:00

Washington that cares about fixing social security. >> bret: republicans are not campaigning on it. >> the republican party has become the party of the working class now. been a big political re alignment under donald trump. not paul ryan conservatives and they dont care about smaller government and they care about getting their social security benefits and so its -- so their republicans arent pushing for it and democrats arent pushing for it no one is pushing for it. wait until it comes to a cr...
Bret Baier House Republicans Social Security Republican Party Working Class Big Political Re

MSNBC Morning Joe June 4, 2024 10:43:00

Federal investigations are under way into the lead-up and envenn chul failure of silicon valley bank the nbc news has learned that the justice department is investigating the banks collapses according to three sources familiar with the matter two of the sources say the investigation is still in its early stages but part of it will look into companys executives stock trades before it altered tell us what exactly investigators are digging into. >> sure, you have investigators both here and in wash...
Bank Of America Silicon Valley Bank Nbc News Lead Up Envenn Chul Stock Trades

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CNN CNN This Morning June 4, 2024 10:03:00

These two banks plus a crypto firm. shareholders are putting so much pressure -- look, first republic, shares down 60% this morning. >> we thought it was possibly stem the tide. we heard folks on our air saying, some saying, well, we think this is over. others saying this is just the beginning. >> really cautious about that. president biden tried to say the u.s. banking system is safe and secure, but big questions. i think people are rightfully concerned about what could be next. >> thats where ...
First Republic Air Saying Joe Biden U S Banking System Stock Prices

CNN CNN Newsroom June 4, 2024 13:16:00

Those regulations in 2008 under the trump administration. president biden has talked just then and prior about going back at that rollback, tightening some of these restrictions here. is there any bipartisan support for that? republicans control the house now. could you get a coalition together to re-rollback or reverse the rollback of those changes in 2018? >> we should. we should make every effort to make sure that every bank, large, small, medium, and huge, all of those should have very stric...
Jim And Erica Congressman Garamendi

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