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CNN Anderson Cooper 360 June 4, 2024 00:05:00

They have been watching and waiting for republicans to jump on this. youve seen a few of the mid tier presidential candidates like nikki haley start to jump on this and call it a biden bail out but in talking to white house officials they have moved very quickly to get in front of that. you saw it in the presidents remarks blaming the law signed by president trump for some of the effects here and making clear that this is dramatically different from the 2008 financial crisis. one white house off...
White House Nikki Haley Mid Tier Out Of The Woods Small Business Silicon Valley Bank

CNN Anderson Cooper 360 June 4, 2024 04:05:00

Ramifications for them? >> they are keenly aware that there are political, that there is political fallout that is coming. theyve been watching and waiting for republicans to jump on this. youve seen a few of the mid tier presidential candidates, like nikki haley, jump on this, call this a biden bailout. but in talking to white house officials, they have moved very quickly to try to get in front of that. you saw that in the presidents remarks. blaming the deregulation in the 2018 law signed by p...
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CNN CNN Newsroom With Jim Acosta June 4, 2024 19:11:00

Is, how much and when will they be available. if there is not a bailout, the bank could be sold. thats likely depositors will have full access to their funds. >> this has embrace ? those investing and embracing for whats next. how might this news of no bailout impact the markets? >> there are two concerns. there could be a cascading effect where other banks could have similar runs and theres concern people might pull their money from mid tier banks and put them in larger banks and that could hav...
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