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Transcripts For FOXNEWS Fox News Live 20240706

trying to get cash out, prompting police blocking to the manhattan branch. nate foy joins us with the latest on this. hi, nate. hey, anita, this triggered the largest bank runs in u.s. history. withdrew $42 billion on thursday which worked out to over a million dollars every single second over a 10-hour period. a much more quiet day here than at the hone silicon valley branch in new york. as a dozen tech founders and ceo s showed up. they were turned away and the cops were called. take a look at the video. it happened after the shocking announcement of a $1.8 billion loss at the bank. depositors were turned away not only here, but also in california. the bank crumbled after a loss and they re known for the tech sector leaving startups in crisis mode. take a listen. if you re a start-up, cash is king. the cash and the work flow to be able to have runway is critical. so access to the cash to now to be able to pay your employees, to cover the expenses you ve got is the thi

Transcripts for FOXNEWS Fox News Live 20240604 17:06:00

off the top. 8.6 trillion budget, but it s behind schedule and if things don t change soon, the republicans saying they don t support it, it could be headed for another one of the those budget government shutdowns and everybody stays late to see if they re funded at the last year s level especially with the defense department saying they need more money. griff: nobody is looking forward to that. lucas, thank you. well, for more on this, we re joined by republican congressman from tennessee and member of the house ways and means committee. congressman, great to have you here on the show this afternoon. i want to get to the president s budget in just a moment, first, let me get your thoughts on collapse of this bank, silicon valley bank, the 16th largest bank in the u.s. sending shock waves throughout the world. can you explain what happened. it sounds like invests are

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