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FOXNEWS Americas Newsroom July 6, 2024

in about a year and a half, still high. bill: that would normally mean another rate hike on the horizon, but the fed could be forced to rethink that. dana: the moves are designed to protect the u.s. financial system and make sure customers do not lose their deposit. bill: the president insisting this is not a bailout, some folks beg to differ. well, it is a bailout, we give a lot of support to banks. banks pay a premium for insurance, capped at 250,000. if we change the rules and give them more coverage than anybody else gets, i think that s a bailout. the think you have to understand is that what they re doing now with the bailout, printing money to solve the problem. and there is this inflation problem that started the whole thing and they re trying to fix a banking problem by printing money. that will make the inflation problem worse. dana: we have analysis, let s begin with grady. last week a rate hike was almost a given, now things are more complicate ....

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FOXNEWS The Faulkner Focus July 6, 2024

the faulkner focus. all the white house talk, the prices for food, energy, getting a haircut, everything going up still consumer price index for february up 6% from last year, coming off that high of 9.1% last june. so this is really slow with housing prices sky high, the fed threatening to ep coo raising interest rates to cool down inflation. new word the fed is using today, maybe they ll do that. who is to blame for america s second largest bank collapse in history and the deep economic mess we re in right now? the old go-to, our democratic president is pointing a finger at former president trump. president biden: thanks to quick action of my administration, americans can confidence the banking system is safe. during the biden administration we put in place tough requirements on banks to make sure the crisis of 2008 would not happen again. the last administration rolled back some of the requirements. harris: republicans demanding accountability and raising conce ....

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FOXNEWS Outnumbered July 6, 2024

struggles that americans are facing. as the president faces accusations of bailing out wealthy democratic tech donors. the consumer price index is out for the month of february, rising .4% from january, up 6% over last year. food costs are up nearly 10% as a whole, and i don t have to tell you that basic staples like eggs jumped 55%. while gas is down ever so slightly, other energy costs are sky high. and the biggest bank failure since the 2008 disaster is adding to the country s economic concerns. it is also fueling a partisan blame game. republicans blast president biden s response to the silicon valley bank collapse, accusing him of giving special treatment to some of his party s biggest donors. while the white house is busy pointing fingers at the last administration. typical. thanks to quick action of my administration the past few days, americans can have confidence that the bank system is safe. during the obama biden administration, we had tough on banks, inclu ....

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FOXNEWS America Reports July 6, 2024

production. alaska republican senator is here to weigh in. i think a lot of us were panicking. we re trying to get through it and open different bank accounts quickly. am i nervous? no. it is backed, secured, the government is doing the right thing. i m shocked it happened. i m devastated it happened, because svb was the heart of the ecosystem for the technology and venture company world. president biden says americans should feel confident in the state of the economy, but inflation collapses are doing little to confirm those fears. hello and welcome, everyone. i m sandra smith. i m john roberts in washington. this is con america reports. businesses and the broader economy. the february report further complicating the federal reserve s big decision on interest rates. it is looming. many economists are pleading with chairman powell to tap the breaks on the rate hikes following the collapse of two may major u.s. banks. first we re going to peter who is trav ....

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FOXNEWS America Reports July 6, 2024

a fox news alert. a russian fighter jet collided with a u.s. drone over the black sea. here we go again, sandra. brand new at 2:00, sandra smith, the president has been briefed on the matter and the u.s. was operating in international air space. it posed a there s no one and the lust reach out the u.s. will reach out to russia about what we re learning. we re also keeping an eye on the pentagon briefing and we will bring news when we get it. we begin with news impacting every single american family and that is inflation. brand new numbers out today. the consumer price index up 6% from a year ago. 6% from already high prices and that means that families are already paying stubbornly high prices as they drop plans for summer travel. the federal reserve in a tough spot about whether or not to raise interest rates further. inflation is nowhere near where they want it to be, but the silicon valley bank collapse has the markets on edge. so you have to get that inf ....

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