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KPIX CBS Evening News With Norah ODonnell June 4, 2024 22:35:00

The ongoing turmoil. cbs s scott macfarlane is on capitol hill. reporter: california-based first republic bank becomes the third u.s. bank this week rescued from collapse. the infusion of $30 billion to save the troubled lender came from 11 of the nation s largest financial institutions. first republic have lost a quarter of its value by noon today and rattled markets. [bell rings] it would later rebound, with wall street traders said this was only a short-term fix. is that a long-term solution? i don t think so. are there other companies that have exposure to the bigger systemic problem? very possibly. reporter: nervous first republic customers have seen their banks value plummet since silicon valley bank collapsed last week. i was definitely concerned with the financial situation, you know, after two banks went under. reporter: treasury secretary janet yellen, who negotiated today s rescue with, among others, jpmorgan s jamie dimon, went to capitol hill today to quiet the c ....

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FOXNEWS FOX and Friends June 4, 2024 11:37:00

By making really responsible choices about the college path that we would take. we didn t choose the very expensive ivy colored dream school. we chose the more pragmatic state school that was affordable that would allow us to work our way through. and then we chose career paths and major programs that had decent return on investment so that we would be able to support ourselves on the back end. this policy doesn t do anything to fix the systemic problem. we are making unwise loans. like bailing water out of the boat without plugging the hole in the bottom, essentially. steve: sure, exit round question, it s the lightning round, just a real quick answer from each one of you. i want to know whether or not the president is doing this about 65 days away from the midterms for political purposes, to help the democrats. so, salesman that let s start with you. is joe biden simply trying to buy votes? of course. when we look at the things that he has done for other countries, ....

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As a surge in cases of a more contagious Covid Variant is worrying Health Officials there and now here at home. Thanks for being here, everybody. Happening rival at this hour, President Biden is meeting with nato allies in brussels. The president will soon be meeting with turkeys president on the sidelines of this summit. This is President Bidens first inperson gathering with nato leaders where this morning he is calling the alliance critically important and a sacred obligation in stark contrast to his predecessor. This all comes ahead of bidens highly anticipated meeting with russian president Vladimir Putin on wednesday in geneva. Lets begin with jeff zeleny live in brussels for us now. The president has a ....

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