congress and trying to restore confidence. and cut ties with china or be banned. that is what we are watching this hour. thank you for being here. i m kate bolduan, and first to capitol hill where secretary treasury janet yellen is trying to assure the american people and the senate that the monetary system is sound. and they may get to the president s budget, but in light of that, her appearance there is taking on new appearance, because she is the first biden administration official to appear before the senate, and this is after the global financial markets have been rattled by another problem. credit suisse has been propped up by over $54 million from the swiss bank. this a look at where it is standing right now as christine romans is watching all of this for us. first, christine, start with janet yellen who is testifying now. she is speaking to congress, but speaking directly to the american people telling them that your money is safe here, and we have taken steps to
we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. now i
attack on the united states capitol will be in order. without objection, the chair is authorized to declare they committee in recess at any point. pursuing the house deposition authority regulation ten, the chair announces the committees approval to release the deposition material presented in today s hearing. good afternoon. in our last hearing we told this story of a scheme driven by donald trump to pressure former vice president mike pence to illegally overturn the election results. we showed that when the pressure campaign failed and mike prints failed his constitutional obligations donald trump turned a violent mob loose on him. he showed that the mob came within roughly 40 feet of the vice president. today we will show what happened to mike pence was not an isolated part of donald trump s scheme to overturn the election. in fact, pressuring public servants into betraying their oaths was a fundamental part of the playbook. a handful of election officials in several key s
does select committee to investigate the january 6 attack on the united states capital will be in order . without objection the chair is authorized to put the committee in resource at any point. the chair announces the committee s approval to release deposition material to today s hearing. good afternoon. in our last hearing we told the story of a schema driven by donaldtrump . pressure on our vice president to illegally overturn the election results . we showed that in the pressure campaign mike pence fulfilled his constitutional obligation donald trump turned a violent mob loose on him. we showed the mob came within roughly 40 feet of the vice president. today, we will show that what happened to mike pence wasn t an isolated part of donald trump s scheme to overturn the election. in fact pressuring public servants into betraying their oath dwas a fundamental part of the playbook and a handful of election officials in several key states stood between donald trump and upend
row seat to democracy. they select committee to investigate the january 6th attack on the united states capitol will be in order. without objection, the chair is authorized to declare they committee in recess at any point. pursuing the house deposition au we told the story of a scheme driven by donald trump. two pressure former vice president mike pence to illegally overturn the election results. we showed that when the pressure campaign failed and mike pence yielded his obligations overture election results. we showed that when the pressure campaign failed and mike prints failed his constitutional obligations donald trump turned a violent mob loose on him. he showed that the mob came within roughly 40 feet of the vice president. today we will show what happened to mike pence was not an isolated part of donald trump s scheme to overturn the election. in fact, pressuring public servants into betraying their oaths was a fundamental part of the playbook. a handful of electi