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CNN Erin Burnett OutFront July 6, 2024



object. plus, florida governor ron desantis cracking down on election crimes. but is there really an election crime problem? guess what? we got the numbers you will come to your own conclusion, and congressman george santos accused of to paying for puppies with with bad checks worth $15,000, seems like they didn t get the puppies i m going to speak to an amish puppy breeder who say they were scammed. good evening, tonight, president biden giving the go head to take down another object hovering over alaska, about the sides of a car, they said it was threat to commercial aviation passenger jets, tonight phil mattingly is reporting one of the main reasons president biden decided to shoot the object down was well, it came less than a week after chinese spy balloon was shot down, we re now learn, the u.s. military is in the process of recovering that mysterious object, let s get to phil mattingly, phil, evening you got new reporting from the white house, you ve been talkin ....

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FOXNEWS FOX and Friends July 6, 2024



insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, ....

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FOXNEWS FOX and Friends July 6, 2024



that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail d ....

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FOXNEWS America Reports July 6, 2024



race for the white house coming in. bottom line. business as usual. all transactions are fully functional. thank you all. sandra: we begin with president biden today scrambling to restore confidence in america s banking system after the swift and sudden collapse of two banks that pumped in fears of a wider economic crisis, and a lot is unfolding at this hour. hello and welcome, everyone. i am sandra smith. grateful to start another week with you. john. john: it seems like every week there is something new. i m john roberts in washington. this is america reports. the president addressing the nation before the stock market open, assuring that their deposits are safe. taking emergency measures to contain the damage from two of america s largest firms. sandra: while the president blames bank executives and republicans for the failure of silicon value bank and signature bank, critics say about the aggressive rate hikes meant to rain and rampant inflation inflat ....

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FOXNEWS Your World With Neil Cavuto July 6, 2024



a lot of people are frustrated and scared. it s scary for the world, i guess. i anticipate there will be a lot of moving money to the bigger banks. neil: unbelievable. believe it. fox on top of it. a banking mess in the making and still messy. three banks have technically collapsed this month. actually in just the past week. so far fears of a contagion are not taking held. here s what we know. customers are nervous, make that very nervous. officials aren t helping matters in when they say don t worry. we ve got this. do they? we ve got you covered with kelly o grady outside silicon valley bank branch where customers have been lining up. peter doocy in san diego where the president is trying to tamp fears down. peter, what are traders watching? none other than carl icahn on where this crisis could be heading. welcome. i m neil cavuto. so much happening today in real time fast time market conditions. let s go right now to kelly in los angeles with the very latest fr ....

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