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 ha...