Fed Problem News Today

and titans many charged with being woke, but the fact of the matter was, it was a bank that made the wrong bet on treasuries at the wrong time and bought tens of billions of those, the price of treasuries went down and flat-footed while people wanted their money. now its in receivership and run by the federal deposit insurance corporation. its a dramatic played out amidst talk there could be other problems out there. kelly ogrady has more from los angeles. kelly. >> good morning to you...

Some are hoping that a white knight might swoop in. and elon musk said could look into a digital bank. and most banks have been under tighter safeguards since 2008 and svb was making that on bonds. i used to work on the that side and we were wondering when the bubble would burst. neil: thank you. kelly on that. shark thing was telling me that he thinks that this is not a fed problem that this was unique to this bank, so its silicon valley bank problem. take a look. >> the reason this bank went t...

In places like iowa where farmers are being hit really hard by the tariffs and where republicarepublican joanie ernsp for re-election. laura: theres reports that some of his policies are having a negative impact on the economy. mr. trump says the u.s. doesnt have a tariff problem, we have a fed problem, he says, pointing to the federal reserve to cut interest rates. thats where he is trying to point the ship. what do you think about that. >> i think theres a couple things at play here. he is sen...

Powell for raising interest rates. >> the fed is out of control. not happy when hot what hes doing. >> we have much more of a fed problem. >> historically, presidents always avoid confronting the central bank. its supposed to operate independently from political influence. so president trumps attacks may have unintended kw eed conseque. if the fed suddenly slows the pace of rate hikes, that could raise concern its bowing to political pressure, or the president could do exactly the opposite of wh...

Lower interest rate, i think the rate is too high. i think we have more fed problem than anyone else. doing well with china, china wants to make a deal badly. they may not say that to you. i have another 250 billion worth of tariffs to put on if we dont make a deal and believe me, i will put them on. china has been ripping off our country for many, many years and they dont rip us off with me. we made a great deal with canada and mexico. i appreciate the help that mexico is giving us at the borde...

Live in, means we should get used to big moves up and down. back to you. >> thank you. you mentioned goldman sachs warning of economic slowdown. the white house is not buying that. john roberts with more on that. john. >> the white house is not buying whether it is was the chief economic advisor larry kudlow, or the president on the south lawn just a few minutes ago, the word from the white house is that forget the gyrations, up and down of the stock market, the basics of the american economy ar...