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FOXNEWS FOX and Friends June 4, 2024 10:40:00

Yeah, we are going to back stop the lot, that is a very big political decision. so far, the jury is out on whether or not this the ripple from this crisis continues to spread. i have got to tell that you regional banks this morning, small smaller than the big money center banks one of them quite large. first republic that stock is down sharply premarket. so the ripples are continuing to fall through and we don t yet know whether this crisis has come to an end or stalled. we don t know that yet. what do we do for the folks who are watching who have money in banks? well, they may be tempted to take the money out but the fdic and the authorities are going to come in and say wait a minute, you are insured above and beyond $250,000 per depositor. that s what i would expect we haven t had it yet. so, i think everybody is watching this situation to see how am i going to be affected? ....

Big Money Center Banks One , First Republic , Haven T ,

FOXNEWS FOX and Friends June 4, 2024 10:07:00

So, to take it easy today and don t let this ripple through the economy. other fear is if you get rid of the regional banks. okay if they fail, i fail. and if we could become a country run by four major banks we all lose. lawrence: i understand not ensuing panic. time to be honest with the american people at the same time. ainsley: we need to go to our banks and take our money out? lawrence: above that $250,000 mark. ainsley: that s not insured. lawrence: there should be some caution right there. i think for the people saying these are just the big tech companies, what about the little small business owners like etsy like this one lady nina was talking about. look, i m a mom and pop store. i m just selling my merchandise under. true indeed etsy but a marketplace of other small business owners. i think that s the real problem. ainsley: shows you how it trickles down how even if she doesn t bank with this bank how it effects her. ....

I Don T Know , Country Run , Dot Com Ainsley , Lawrence Jones , Small Business , Tech Companies , Small Business Owners ,

CNN CNN Newsroom Live June 4, 2024 07:11:00

I will say that banks of all sizes have been pushing back against the idea of holding more capital. i think those arguments will be hard to sustain when you see an incident like this. it kind of reminds everybody, we need to know the regulatory is safe, smaller institutions, have a ripple in effect and private equity, shadow banks are going to be under more scrutiny because of this. what i wonder those is did nobody see this coming? i mean was there no oversight and in terms of bank regulators were they completely absent? no, i wouldn t say that, i really wouldn t say that. i would have to say that foaft-2008 the large systemic financial institutions, the big banks in they fall you start to get a global domino effect that brings down the economy. this is thought what we re talk technicalling about here. but what it does underscore is that as the interest rate ....

It Kind , Shadow Banks , Bank Regulators , Domino Effect , Interest Rate Environment Changes ,

MSNBC Alex Witt Reports June 4, 2024 17:37:00

American innovation is on th line here. alex huge, yes a massive ripple effec potentially giving it is silicon valley and all of that generates. thank you scott for that meantime california is ending multi million dollar contrac with walgreens after the company said it will not sel abortion medication. walgreens made its decisio after a group of republica attorneys general warned the company that i could face lega consequences if it sells medical abortion pills in thei states that is regardless if abortion is legal there joining me now nbc digital reporter chloe akins who has been following the story i find this so interesting as say welcome and i m glad you are here what kind of consequences coul they face and states where abortion is legal? walgreens, why are they making this decision? many of those gop attorney generals from states where abortion is legal, they ar leaning on state statutes that relay curb access to dispensin medication abortion. those state statutes that ar curren ....

Northern California , Wilmington Alex , 5th Line , Silicon Valley , Dispensin Medication Abortion , Republica Attorneys General , Chloe Akins , State Statutes , Attorney Generals , Relay Curb Access ,

Week ahead: Crypto markets stay flat after Silvergate crisis, an opportunity in disguise or troubled waters?

Cryptocurrency markets saw a sudden sell-off on March 2 as a slew of companies, including Coinbase, Paxos, Galaxy and others, dropped Silvergate as th ....

United States , Jerome Powell , Federal Reserve , Chair Jerome Powell , Chairman Jerome Powell , Non Farm Payrolls , Technical Analysis ,