a building on a unholy alliance and mark warner on what he sees as a growing threat from china period. welcome, everybody. i m neil cavuto. let s get to it with peter doocy at the white house on how they re digesting all of this. peter? officials are saying this putin and xi get-together is a marriage of convenience. xi thinks that putin can help him challenge american influence. putin thinks that xi can help him in ukraine. for putin, he s speaking about his chinese visitor in glowing terms. over the last years, china has made a huge leap forward in its development. in the whole world, it s a genuine interest and we re jealous a bit. the way that the president s foreign policy when it comes to this is being explained to us, there s no effort to try to contain chinese influence in the world. instead, they would rather try to promote america s interests. do you think that putin and xi fear president biden? you d have to ask them whether they fear or they not. it s no
international rival is being tied to a number of major stories this evening. china is pushing back on a threat by u.s. officials that the social media site tiktok could be banned country wide if chinese investors do not sell their interest. there is also word american banks may have to reimburse companies in china for losses from the collapse of a major u.s. financial institution. allegations that several members of president biden s family received payments from a chinese energy company. we will take you to capitol hill. and new information about what china may be doing inside ukraine. we have fox team coverage tonight. jacqui heinrich at the white house with the tiktok story and the ukraine angle. chad pergram on capitol hill tells us about the chinese ties to silicon valley bank but we begin with senior national correspondent rich edson who has new information coming out of the hunter biden investigation. good evening, rich. rich: good evening, bret. the chairman james c
in other words toughen regulations all over again? well, neil, i am open to finding out what actually happened here and if there needs to be corrections, count me in. but here is my operating premise right now. you know, banking 101, what is called basic provincial sound and safety regulation, whether you are a $5 billion bank or of $500 billion bank coming should ve been able to spot the regulators in the management that you got your interest rate wrong, you went long treasuries when interest rates went up in those treasury rates went down, so i think that was a basic fundamental flaw that again the 2018 bill, earlier bills would not affect it, that s banking 101. on top of that the other thing that i think we saw in this case was the first real internet driven run. this bank, $42 billion came out and about six hours, that was $0.25 on every dollar.
chinese. uninsured investors will be made whole in that bank and i suppose that could include foreign depositors. republicans say treasury s move could reward precarious financial bhanchts i m concerned about the precedent of guaranteeing all deposits and the market expectation moving forward. this comes as investors are jittery. nerds are certain liver afraid at this moment. this will go down as the history s first internet driven run. yellen tried to cunningham fears. calm fears. sound. americans can be confident their investments will be there when they need them. asked why signature bank poured money into risky invest thes. signature failed and almost a fifth of the deposits came from crypto. inflation triggered higher interest rates and that cost svb. inflation played a key role in bank failures as rising interest rates and mismanaged interest rate risk led to a