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we, the people, in order to form a more perfect union 221 years ago, in a hall that still stands across the street, a group of men gathered and, with these simple words, launched america s improbable experiment in democracy. the document they produced was eventually signed, but ultimately unfinished. it was stained by this nation s original sin of slavery. i chose to run for president at this moment in history because i believe deeply that we cannot solve the challenges of our time unless we solve them together, unless we perfect our union by understanding that we may have different stories, but we hold common hopes, that we may not look the same and may not have come from the same place, but we all want to move in the same direction towards a better future for our children and our grandchildren. this belief comes from my unyielding faith in the decency and generosity of the american people. but it also comes from my own story. i m the son of a black man from kenya an ....
shook customers and investors alike. the question was, and really still is, would it also threaten the broader market and the banking system? so far the answer appears to be no. markets largely held steady closing the day mixed though shares in regional banks similar to the ones that failed did take a beating. joining us shortly former treasury secretary lawrence summers who accurately predicted the inflation to walk us through what he thinks of the federal response so far including this promise from the president. every american should feel confident their deposits will be there if and when they need them. in addition we have cnn s christine romans and phil mattingly on this tonight. we begin with christine. so is the threat of contagion in the financial markets, does that seem to have passed? these two banks in particular, they put a big ring around these banks and stopped the fire here and made essentially the depositors whole. these are people who would have t ....
two banks. both with deep ties to the tech industry. the collapse of fat silicon valley bank in the bay area and signature bank here in new york shook customers and investors alike. the question was, and really still as, what it also threaten the broader market in the banking system so so far, the answer appears to be no. markets largely held steady, closing the day mix shares in regional banks amongst the ones that failed to take a beating. joining shortly, lawrence summer, who actually predicted the current high insulation to walk us through the coming days and weeks and what he thinks about the federal response so far. including this promise from the president. every american should feel confident that their deposits will be there, if and when they need them. in addition to secretary summers, we have cnn s kristen romans and phil mattingly on this for us tonight. christine, on your money, and fill, on the white house response and what comes next. we begin with ch ....