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it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized banks, really exposed to higher interest rates. we are going to see another interest hike from the fed which might add extra pressure ....
the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. isaac, great to get you on the show. in the first instance, how much of a risk do you think there is of a failure amongst other us banks in the system? i failure amongst other us banks in the system? failure amongst other us banks in the system? i think there is a real risk of that- the system? i think there is a real risk of that. this the system? i think there is a real risk of that. this is the system? i ....
first place. someone who says white supremacy is a hoax. a brand-new answer to that question. waging war on white supremacists, can someone tell us what a white supremacist is? tonight new reporting on the text messages at the center of the move to fire tucker. the idea that this could become public was very frightening for the company. then, another twist in the trump trial. where are you here instead of new york where you have a civil case? why trump s attorneys say they will present no defense. plus, how should america news media appropriately cover a twice impeached criminally indicted front runner who s credibly accused of rape? and former attorney general on the anti-democratic outbreak in state houses from ohio to north carolina beyond. when all in starts, right now. good evening from new york. and chris hayes. as we dive into the third consecutive presidential election cycle with donald trump as a candidate, i think it s been an undeniable change i ....
for you, including president biden s nod to a popular meme. also ahead, donald trump praises the january 6th rioter who has said members of congress who certified the 2020 election should be executed. plus, an international trip for ron desantis just didn t generate the headlines he was hoping for. in fact, most of the headlines, well, especially out of britain, were terrible. we ll have new reporting on that. and we re going to dig into the breaking financial news this morning. the third failure of an american bank since march, and who is coming in to save the day? good morning. welcome to morning joe. it is monday, may the 1st. with us, we have the host of way too early, white house bureau chief at politico, jonathan lemire. oh, jonathan, we have much to talk to you about in the boston sports world. also, special correspondent for bbc news, katty kay. the founder of the conservative website, the bulwark, charlie sykes. and columnist and associate editor ....
i m karishma vaswani. we begin with the banking turmoil in the us. shares of several regional banks have closed in the red on monday. it signals concern about the health of the sector, following the collapse of first republic and its acquisition byjp morgan chase. the wall street giant said it would pay $10.6 billion dollars to the federal insurance deposit corp, after officials shut down the smaller bank. first republic had been under pressure since last month, when the collapse of two other us lenders sparked fears about the state of the banking system. meanwhile, the managing director of the international monetary fund kristalina georgieva says she expects more weaknesses to be exposed in the banking sector. so just how vulnerable is it? let s ask the chief global investment officer of oreana financial, isaac poole. i think there is a real risk of that. this is probably not the end of bank failures. we are seeing these problems in the smaller, regional, medium sized ....