the doj is putting a magnifyin glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u.s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what do you need to know from doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, is a.b. is not commenting as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say t
glass to the bank s leadership as democrats tried to take steps to prevent it from happening again. then, a russian fighter je harasses and collides with a u s. drone as we get new reporting about planned wa crimes cases and a dangerous new drug ravaging american streets what you need to know from a doctor on the frontlines, as the 11th hour gets underway on this tuesday night good evening once again, i m stephanie ruhle. the feds are now scrutinizin the nation s second bigges bank failure nbc news has confirmed the justice department and the securities and exchang commission are investigating the meltdown at silicon valley bank two sources tell nbc the doj s inquiry is its early stages an part of it will focus on whether bank executives sold any stop prior to the collapse so far, svb is not commenting. as for claw backs, as senior administration official says the fdic has legal grounds t act in certain cases but som officials also say to stay tuned on that matter, and at t
biden has gone through wit these executive orders the problem, of course, is tha any real fix for this is going to require legislation and executive order only las as long as the presidency. and as soon as the republica president comes into power, it just at the window it s just an absolute sham that almost 90% of the america public wants background checks on all gun sales i mean, we can t get 90% of th american public to agree tha it s hot in the summertime and we can t get this done - it just shows you how polarize and how corrosive our congress is right now speaking of polarized and corrosive, let s talk about th 2024 republican race michael, i want to share par of what donald trump sai earlier on in iowa on monday actually okay. so, remember this. ron
at times i think that you are right tha there will be some accountability i would expect to see congress hold hearings and bring some o these people in and talk about what happened and how it happened and explain to them the people who actually made the decision you are talking about. but that just never stop people in washington fro finding ways to put th partisan advantage it s just built into the system they see new development twitter will announce some sor of written event and within seconds, minutes, you start getting emails and text messages from partisans o one side or the other trying t fix blame before we even kno what is going on it s just where we are right now. everybody is looking for a advantage. everybody is looking for a way to blame anything bad that - happens on the other never mind that there may be some hypocrisy involved or the facts don t actually fit we are just gonna keep going after each other the best we can because that s what we do. the lawmakers do set t
sent you a text on this. i hope people appreciate wha you have been doing in edifyin and informing on the svb banking situation. it is some of the smartest stuff on television right now. i m not blowing smoke, folks it is a master course in finance, banking, and how, a citizens, we can appreciat what s happening we are going to cancel th rest of the show and just le michael go on. forget the commercial break. [laughter michael, thank you so much. i so appreciate it i am going to look for you texts from now on. thank you. i really, really appreciate it it s a really important stor and people need to care abou it amy mcgrath, michael steele, thank you. people say they don understand business or finance i know you care about money! please pay attention to thes stories. thank you both coming up, the fentanyl crisis just got worse - drug dealers are mixing animal sedative s with fentanyl, an its effects are absolutely horrific we are going to take you to on community dealing with thi