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Fed And Powell In A Moment News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CNNW CNN July 6, 2024

hadn t seen. you re a student of the law. you know that lawyers are not supposed to disclose their conversation with their clients. even after they re dead. that s what stephen jones the attorney did. i think it was a questionable decision on his part. it was a tremendous boom to me as a journalist to get behind the scenes in many the investigation. plus, i got all the material that federal government turned over to the defense as part of their investigation. so i have the federal government as well. how nice to see you both. how nice to see you, jeffrey toobin. congratulations. thank you. book after book. not sure how you do it. well it s a phenomenal write. thank you. be sure to pick up his book. we ll speak to one of the authors of the clarence thomas report. that will be later this hour. right now, our coverage continues as cnn this morning continues right now. russia is accusing the united states of being behind that drone attack on the kremlin.

CNN CNN This Morning June 4, 2024 11:09:00

business correspondent christine romans. good morning. we get to the fed and powell in a moment. but pac west? yeah. the company last night saying essentially the bank saying nothing really changed since the, you know, the fdic took over first republic. you look at the shares cut in half overnight. they were $22 earlier this year. they closed at $6. that s been a tough chart. you look at the deposits, i think it s interesting. the deposits actually rose from march 20 to march 31. they re not pulling money out. they re the no. so this is a case of wall street. i mean, maybe traders and investors hunting around for the next weak link. that s what is happening. just before we move on to powell, these regional banks, especially smaller, they matter for communities. i know. they really do. the big banks get bigger and the smaller banks seem to be under a little more pressure. the microsoft is on their

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