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of the collapse of silicon valley bank. treasury secretary janet yellin said she has been speaking with financial regulators the treasury department is also been hearing from depositors themselves bid for president biden gavin newsom about efforts regarding this california-based bank. but earlier today, one thing janet yellin did completely rule out is there be any large-scale bailout for this bank and the weight that was seen back in the 2008 financial crisis. let me be clear that during the financial crisis, there were investors and owners of systemic large banks that were bailed out. we are certainly not looking. the reforms that have been put in place means that we are not going to do that again. but we are concerned about depositors and are focused on trying to meet their needs. the fate of those depositors on the money that has been held at this bank is really one of the looming questions regarding this whole situation. the fdic only ensures up to $250,000, le ....
But also out on the campaign trail and to show that be a leader of the ticket than joe biden who was of course himself in 2012 a vice president running on a ticket for reelection. of all the questions about when is the president going to make this announcement that he is running for reelection of course these kinds of stories are going to continue progress far be it for me too know when the president will make a decision one way or the other. this is one of things very much in the air as a democrat sort of thing afford to what that might look like. what s interesting, isaac thank you so much appreciated. speaking of interparty intrigue for vice president mike penta speaking out against his former boss, donald trump s of his most pointed remarks yet at les -ites gridiron club dinner here in washington at penta said this president trump was wrong i had no right to overturn the election his reckless words endangered my family and everyone at the capitol that day. no history will hold do ....
But, what do you make of how the president has been handling that issue? as i ve written many ways joe biden is a pre-1970s democrat. he generally looks to minimize, defuse, downplay cultural divides. he is not confronting the republicans like desantis as directly as some democrats want on what they are doing a classroom censorship or lgbtq rights. and it other fronts like crime and immigration he has taken some steps to move toward the center or the central rights for example indicating he would not veto the overwrite of the crime bill. what he wants to do is shape the battlefield where he is public communication is centered overwhelmingly on providing kitchen table benefits for working families for the blue-collar blueprint to rebuild america drops, the three big investment bills he passed in his first term defending social security and medicare, lowering insulin cost lowering the price of other drugs. ....