Th Regulation News Today

culture. and that is tonights reidout. all in with chris hayes starts now. ♪ ♪ ♪ >> tonight on all in - >> because of the actions, it already taken. every american should feel confident that their deposit will be there, if and when the need them. >> banks closing, stocks falling, and the governmen rushing to shore up the system what happened this weekend, an how to stop it from happenin again. congresswoman katie porter joins me on that then - >> this is all about accountability ...

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Congress or the administration do something immediately t reassure people about thei money in those pants >> well, i think thats part o the logic behind thi announcement that all th depositors will be fully protected. were trying to reassure peopl and send a signal that the u.s government understands what is at stake here, and what th dangers are of allowing this t continue i do want to say that this gives opportunity now for th way fdic to start doing more evaluations of these large, bu not gin...

Three, four, five percentage points they would have caught this. and i, mean the banks ar cutting themselves, but they shouldve caught it. you have to raise more capital shed some of your deposits maybe both and they want to be in the situation. so, this is directly due to th republican weakening the regulation that donald trump pushed in 2018 and thats why were here. >> but its not all republican that wanted to partially pul back some of dodd-frank. there is an argument to be made, and its arou...

Made, the reason why you nee the regulation is because yo cant trust the banks to actually behave in a way where theyre not taking these crazy risks. >> which could often say about anyone, right? unless i make very, very clear rules for my 16-year-old son he will behave as badly as humanly possible so, i dont know why w suddenly think this whole idea oh, dont write on me, let the specs regulate themselves. because this is the color. youve got all of these people that are anti regulation, don try...