a building on a unholy alliance and mark warner on what he sees as a growing threat from china period. welcome, everybody. i m neil cavuto. let s get to it with peter doocy at the white house on how they re digesting all of this. peter? officials are saying this putin and xi get-together is a marriage of convenience. xi thinks that putin can help him challenge american influence. putin thinks that xi can help him in ukraine. for putin, he s speaking about his chinese visitor in glowing terms. over the last years, china has made a huge leap forward in its development. in the whole world, it s a genuine interest and we re jealous a bit. the way that the president s foreign policy when it comes to this is being explained to us, there s no effort to try to contain chinese influence in the world. instead, they would rather try to promote america s interests. do you think that putin and xi fear president biden? you d have to ask them whether they fear or they not. it s no
in other words toughen regulations all over again? well, neil, i am open to finding out what actually happened here and if there needs to be corrections, count me in. but here is my operating premise right now. you know, banking 101, what is called basic provincial sound and safety regulation, whether you are a $5 billion bank or of $500 billion bank coming should ve been able to spot the regulators in the management that you got your interest rate wrong, you went long treasuries when interest rates went up in those treasury rates went down, so i think that was a basic fundamental flaw that again the 2018 bill, earlier bills would not affect it, that s banking 101. on top of that the other thing that i think we saw in this case was the first real internet driven run. this bank, $42 billion came out and about six hours, that was $0.25 on every dollar.
. and so p if you fall outside the party line, they don t just want to ostracize you or the platform you are excommunicate you. they want tote actually brand yu an enemy of the state. now they re very far from this point of vieww becomingbl established or consolidated. but if it is just what a short step it is to essentially start locking people up, setting up camps, basically treating people as as if they deserve to be somehow shut down because they represent a danger to the country s national security. but t this seems to be the operating premise of the biden administration and you seeeeis the number of as including dhs. well, stephen , this is why so many of the elites love chinain because china doesn t have to do this whole like listen to the people stop a small minority of people make allis the decisions for everyone else and if they don t like it, they re dealt with .
line, don t just want to ostracize you or the platform you or excommunicate you. they want to actually brand you an enemy of the state. they are very far from this point of view becoming established or consolidated, but if it is, just think what a short step it is to essentially start locking people up, setting up camps, basically treating people as if they deserve to be somehow shut down because they represent a danger to the country national security. but this seems to be to operating premise of the biden administration and you see it in a number of areas, including dhs. laura: stephen, this is why so many of the elites love china, because china doesn t have to do this whole listen to the people stuff. a small minority of people make all the decisions for everyone else, and if they don t like it, they are dealt with. it s a weird disturbing parallel
i get you want to ask the questions. the president s idea that it is rotten to the core, that it is a deep state, do you believe that? or do you believe the man who has reason to know the truth? there are potentially bad actors. as i said, possibly corruption at some of the highest levels. we got the report from andrew mccabe that conclusively proved that he lied repeatedly under oath to his own fbi investigator. that s why it is so important, chris, to get all of this information out in the open . we have to restore the credibility of the fbi and the department of justice in the eyes of the american public. right now that is under question. largely it is under question because the president of the united states keeps saying they are all rotten. now he has pulled back on that. but i want to start with our operating premise. do you believe in the department of justice, the fbi, the cia? do you believe in them as institutions?