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CNN Early Start With Christine Romans July 6, 2024

three more people charged with murder after a virginia man died in custody, his family calling for justice after seeing video of his last moments. and growing legal problems for donald trump. thousa now dozens of staffers at mar-a-lago are receiving subpoenas. here we go, friday, st. patrick s day, welcome to our viewers in the united states and around the world. i m christine romans. we begin with china s president xi jinping set to meet with vladimir putin next week in russia. the kremlin says the two will discuss strategic cooperation. this is amid fears that beijing might provide weapons to russia for its war in ukraine. kristie lu stout in hong kong for us. what else do we know about this meeting? reporter: chinese leader xi jinping will be traveling to russia to meet with vladimir putin from march 20th to the 22nd. according to a spokesman earlier day, they will discuss bilateral relations, regional issues, while drawing a blueprint for the two countries re ....

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CNN CNN Newsroom July 6, 2024

a very good thursday morning to you. i m jim sciutto. and i m erica hill. janet yellen is going to be on the hill where she is going to be talking about the budget, and there is going to be plenty of questions about the budget and she is going to need a calm tone where she tells americans that their deposits are safe. we will bring that to you live. and the moment when a russian jet collided with a american drone causing it to crash into the ocean. we will show you how. we rebbring you to the statf the u.s. economy now. matt egan is joining us, and everybody is paying attention to the secretary this morning and the words, and she is getting out ahead of this a little bit with the words telling americans to be calm and their money is safe. yes, this is a big moment for the treasury secretary and she knows that confidence is a fragile thing, and she knows that it has been shaken by the failures, and she wants the americans to know that the money in the bank is s ....

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CNN CNN This Morning July 6, 2024

government is stepping in to calm the failure two of u.s. banks. everyone that had money in sign silicon valley bank and signature bank will have money. the president is going to address the public about it. oscars, stealing the show, best picturor, best actress, best supporting actor and best supporting actress. also overnight, saber-rattling once against from north korea with a missile test launched from a submarine. the u.s. and south korea begin joint military exercises. you know this name. michael cohen. set to testify in a case that could lead to criminal charges against donald trump. cohen expected to appear before a mat nhattan grand jury. he s been making hush payments to stormy daniels. and get this march madness your march madness bracket is set for the ncaa tournament. the one seeded, kansas, purdue, alabama, something like that never heard of them. cnn this morning starts right now. i can tell you, i was in washington this weekend. the colla ....

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CNN CNN This Morning July 6, 2024

plus this. and the oscar goes to navowni. that is well deserved as it gets. cnn s documentary on alexei navalny who is in prison in russia took home an oscar last night. the director will join us live to talk about this moment. what it means for alexei navalny, putin s jailed critic. we do begin, though, with the biden administration trying to prevent financial contagion after two banks failed back to back in the last three days. a live look now at the white house, where the president will speak this morning as the federal government takes emergency action. silicon valley bank collapsed on friday, it became the largest u.s. bank failure since the 2008 financial crisis. regulators also shut down signature bank based here in new york. we learned about that late last night. they said signature bank was on the brink of collapse and threatened the broader banking system. so at the direction of the president and the treasury secretary, the fdic is now stepping in. t ....

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Federal Reserve Dividend Reduction Deserves Thorough Debate

In July, the U.S. Senate introduced a plan to offset new highway spending by reducing the dividend that the Federal Reserve pays to member banks. While it is still unclear exactly where this idea originated, an anonymous Democratic staffer recently referred to the dividend as “an unnecessary and wasteful subsidy.”[1] It now appears that the dividend reduction will go forward even if it offsets outlays other than highway spending. ....

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