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extreme maga republican effort to default on our debt, crash the economy. >> i'm worried about the consequences of us not coming to terms and raising the debt ceiling. >> at this point, it's economic terrorism. >> my communications to them are, stand firm. there's no reason not to. stand firm. you have a white house that is not serious. >> republicans want to drive us over the cliff of default. >> it's idiotic for anybody to consider anything other than what we had. we will ride it out. >> neil: does that sound like progress? we'll see. both sides far apart as lawmakers race to cut a...

that comes after the embattled endo revealed it suffered a huge file and deposits the first quarter. it became under pressure after other banks collapsed last month. we have more from new york. normally when a companies earnings for a quarter are released executives hold a call with analysts where they take questions but that was not the case for first republic bank. executive spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things had become at the regional bank. during the first quarter, it lost $102 billion in customer deposits. th...

it comes after the embattled lender revealed that it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc�*s samira hussain has more from new york. normally when a company's earnings for are released, executive hold a call with analysts where they take questions. but that wasn't the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have become at the regional bank....

so let's get down to business and turmoil in the banking industry is back. shares in the us regional lender first republic dropped more than 20% in extended trading on monday after it revealed it suffered a huge drop in deposits during the first quarter. first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. samira hussain has more from new york. normally more from new york. when a company is earnings normally when a company is earnings for a quarter are released executives hold a call with analysts when they take questions, that...

first republic came under intense pressure after silicon valley bank and signature bank collapsed last month. the bbc�*s samira hussain has more from new york. normally when a company's earnings for are released, executive hold a call with analysts where they take questions. but that wasn't the case for first republic bank. executives spoke for about ten minutes and then took no questions. it is perhaps an indication ofjust how bad things have become at the regional bank. during the first quarter, it lost $102 billion in customer deposits. that's way more than half of the $176 bill...