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FOXNEWS Outnumbered July 6, 2024

banking collapse since the 2008 financial disaster. the trouble for silicone valley bank began last wednesday when it sold securities at a major loss. that created panic and the stock stumbled. on friday federal regulators shut down the bank and they closed a second lender new york s signature bank. both failures the last of largest since the great recession. they could have a huge ripple effect on the economy. that s what the president is try to guard again. president biden speaking minutes before the stock market opened defending the stability of our banking system trying to reassure americans our money is safe. thanks to the quick action from my administration america can have confidence that the banking system is safe. all customers will have access to their money. this is an important point. no losses bourne by the taxpayers. let s start there. [laughing]. david, how will they pay for this? this is the fdic. up to 250. yes, a little bit of money that ....

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MSNBC Morning Joe July 6, 2024

out the second largest failed bank in u.s. history we re going to have the latest on this developing financial crisis. tell you what, it was a crazy weekend. yesterday, the white house working along with people across the financial industry, doing everything they could to stop a meltdown. yeah. and it looked in the early afternoon like that meltdown was coming they understood that china s markets were going to be opening at 8:00, 9:00 at night, and they had to get things lined up before then so the asian markets didn t collapse, which would cause u.s. markets to collapse this morning it was touch and go, as you know. yeah. because we were on a lot of calls yesterday afternoon. it was touch and go for quite some time. it looks like, for now, they ve stemmed the bleeding but this, for a while, was looking like it could spread much like 2008. absolutely. meanwhile, mike pence finds the courage to speak out on donald trump, but only behind closed doors and off ....

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MSNBC The ReidOut July 6, 2024

i remember pat saying something to the effect of, mark, we need to do something more. they re literally calling for the vice president to be f ing hung. and mark had responded something to the effect of, you heard him, pat. he thinks mike deserves it. he doesn t think they re doing anything wrong. the pence subpoena. what really happened between trump and his vice president in the days leading up to january 6th? and could this be a signal that we are nearing the end of the special counsel investigation of donald trump? also tonight, reproductive rights under threat. again. the right wing trump nominated judge who could single-handedly ban abortion pills nationwide. plus, students in alabama said they were told to censor their black history month program and leave out all the uncomfortable stuff like slavery and civil rights as the right continues to target black history. we begin tonight with former vice president mike pence weighing his response to a new subpoe ....

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BBCNEWS BBC News July 6, 2024

hello and welcome. let s start with the situation in sudan, and the us secretary of state antony blinken has spoken on the phone to the leaders of the warring factions there and called for a ceasefire. he s said to have expressed grave concern about civilian deaths and injuries in separate calls with the heads of the armed forces and the rival paramilitary rapid support force. this is the latest footage coming out of the conflict. sudanese citizens have been seeing this barrage of artillery fire light up the night sky in the capital khartoum. both sides now claim to control key sites in khartoum, where most of the violence has taken place. the european union says its ambassador to sudan was assaulted in his home there. caught in the middle, are sudan s civilians. it s one of the poorest countries in the world, and millions need humanitarian aid. let s hear from some of them. actually i live in east khartoum, less than 15 minutes away from the military headquarters and a ....

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FOXNEWS The Big Sunday Show July 6, 2024

it be? billionaire if investor bill ackman tweeted last night, sillen con valley bank customers will get around 50% monday/tuesday, and the balance realized over the next 3-6 months. if this proves true, i d expect bank runs monday morning. no company will take even a tiny chance of losing a dollar of deposits as there s no reward for this risk. after the systemwide fdic system deposit guarantee, more bank runs begin monday a.m. a whole lot of officials including treasury secretary janet yellen are trying to calm fear today. she points out it s highly unlikely, take a listen. the american banking system is really safe and well capitalized. it s resilient. we want to make sure that the troubles that that exist at one bank don t create contagion to others that are sound. svb s one of the top 20 commercial banks in the country with over $200 billion in assets. current customers include shopify, etsy, fitbit, roku and ziprecruiter. here s house speaker ken mccarthy on ....

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