Page 37 - Fdic News Today

additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know >> we do have the statemen straight from -- we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of sil...

could spread. >> when banks experience govern to take it over so quickly and financial losses, it is around should be a gnatter of concern >> why did the government have to take it over so quickly and are other banks at risk. >> ill ask sheila bair, the former chair of the fdic about the last banking crisis. >> legal troubles. donald trump faces potential criminal charges in new york where hes been invited to testify before the grand jury this week. >> our country has become the invest...

the financial crisis, there were investors and owners of systemic large banks that were bailed out, and were certainly not looking at the reforms that we put in place means that were not going to do that again, but we are concerned about depositors and were focused trying to meet their needs >> treasury secretary janet yellen commenting on one aspect of the biggest bank collapse since 2008 well break down whats happening with silicon bank in just a moment. plus, well bring you mining...

coast of san diego well bring you lat itest. and former president trump heads back to iowa today. and amid the glitz and glam, a look at some of the historic wins during hollywoods biggest night. >> i cannot believe its happening to me. this, this is the american dream. we begin this morning with the federal government rushing to prevent a wide scale banking crisis after two of the countrys largest banks collapsed over the weekend marking the biggest bank failure since the 2008 f...

depositors president biden in remarks this morning addressing the moves by his administration >> americas going to have confidence that the banking system is safe your deposits will be there when you need them. i instructed my team to act quickly to protect these interests. no losses will be born by the taxpayers. >> ill break it down with larry summers. the presidents heading to san diego this hour with meetings where the british prime minister and australias leader, highlighting the ...

♪ ♪ its 10:00 a.m im lindsey reiser at msnbc headquarters in new york were following a lot of breaking news on this busy monday morning, including president biden assuring the country our financial system is safe amid heightened fears of a banking crisis after the collapse of both silicon valley bank and new york-based signature bank >> americans can rest assured that our banking system is safe. your deposits are safe let me also assure you we will not stop at this well do whatev...

cruise missiles. at this hour former trump lawyer michael cohen is before a manhattan grand jury investigating hush money payments made to stormy daniels. straight ahead what he told us as he enter had courthouse. and the assurance from president biden to americans worried about their money after the collapse of two big banks in a matter of days your deposits, he says, are safe our nbc reporters are here with the latest developments. and thats where we begin on wall street, where t...

here in new york by all appearances it looks like da alvin brag is wrapping up his investigation into potential hush money payments before the 2016 election. and there is a chance that criminal charges could be filed against donald trump a chance his former attorney, michael cohen, who served time for violating campaign finance rules when he paid porn star stormy daniels $130,000 to keep quiet about the affair she said she has with donald trump is testifying before a grand jury as we s...

the president says everything is under control. will that convince average americans? and why didnt anyone see this coming plus, roughly 17 million people facing flood watches today. the vast majority of them where flooding has already wreaked havoc in parts of california the atmospheric referring dropping another half foot of rain and compounding misery for towns under water. will donald trumps future be decided on the campaign trail or in the courtroom. the former president heads...

out the second largest failed bank in u.s. history were going to have the latest on this developing financial crisis. >> tell you what, it was a crazy weekend. yesterday, the white house working along with people across the financial industry, doing everything they could to stop a meltdown. >> yeah. >> and it looked in the early afternoon like that meltdown was coming they understood that chinas markets were going to be opening at 8:00, 9:00 at night, and they had to get things lined u...