in about a year and a half, still high. bill: that would normally mean another rate hike on the horizon, but the fed could be forced to rethink that. dana: the moves are designed to protect the u.s. financial system and make sure customers do not lose their deposit. bill: the president insisting this is not a bailout, some folks beg to differ. well, it is a bailout, we give a lot of support to banks. banks pay a premium for insurance, capped at 250,000. if we change the rules and give them more coverage than anybody else gets, i think that s a bailout. the think you have to understand is that what they re doing now with the bailout, printing money to solve the problem. and there is this inflation problem that started the whole thing and they re trying to fix a banking problem by printing money. that will make the inflation problem worse. dana: we have analysis, let s begin with grady. last week a rate hike was almost a given, now things are more complicated, the
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Jene harris Opening Statements kicking off in the Civil Fraud Trial against former President Donald Trump and the former president has shown up in person as we saw him this morning headtohead encountering new York Attorney general Leticia James. You are watching outnumbered, im harris faulkner, here with my cohost kayleigh mcenany. With us host of kennedy saves the world, kennedy. Fox news contributor tammy bruce and douglas murray. The new York Attorney general who campaigned ongoing after trump says nobody is above the law. Donald trump and the other defendants have committed persistent and repeated fraud. Last week we proved that in our motion for summary judgement. Today we will prove our other claims. My message is simple, no matter how powerful you are, no matter how much money you think you may have, no one is above the law we get she is hungry. The former president hit back with scathing words to chew on. It is a witch hunt, a disgrace, we have a corrupt attorney general. This
to testify soon. and that day has come. we ll tell you which airline will let you use a cell phone during your flight. dramatic new developments today in the battle between washington and wall street. an fbi source tells cnn the government is looking into the $2 billion trading loss by one of the nation s largest banks, jpmorgan chase. today bank ceo jamie dimon assured shareholders that jpmorgan chase is strong and can with stand the loss. he was speaking today in tampa and played down the sudden departure of the chief investment officer or cio ina drew. while we have taken loss of the cio, no clients were affected, no customers suffered as a result of our mistakes. the bottom line is that however unfortunate this incident is we want to do what we always do admit our mistakes, learn from them and fix them. i m confident when we are done here we ll with b a stronger confident. the shareholders voted to let him keep his job. they also voted to let him keep his $23 mi
$1.2 trillion in automatic budget cuts starting in 2013. a massive crowd in syria. thousands of people loyal to president bashar al assad rallied in streets. the news agency says the protesters are angry over an arab league plan to send international observers into syria. also this weekend, 24 people were killed in the street clashes around the country. take responsibility. take responsibility. and protesters were back at it overnight at the university of california at davis. they pitched tents on campus to protests rising tuition costs. they were back in place a day after pepper spraying a pepper spraying incident. the school s chancellor ordered an investigation that pepper spraying is prompting calls for the chancellor to resign, which she says she will not. tiger woods found his putting groove to clinch the president s cup. the competition in melbourne, australia, pits top american golfers with their counterparts from around the world, except europe. the u.s. re