democrat mayor. london breed practically gloating over that. she s trying to score some political points and hit back at critic to s who ve beennd not blasting her city s unsafe a. e. i think that oftentimes because of social media, because ofre cameras and how people are abler to publicize things that are happening in a moment, it is taken completely out of context in terms of highlighting the entire city is being unsafe. that s not entirely true. it s sad because i think it s just san francisco has been use a target for so long and used as an example because we r be u innovative, we creative, wee-bo come up with out of the box ideas and a number of other things to push forward change in our communities. communitand i think that, sadlyu know, with the previous president , it was a target. oh, people are getting fed up wt with the nonsense, too. enselawrence jones actually wene to san francisco to talknt to democrats about tto talk faf measures that put criminals back on the
additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know we do have the statemen straight from we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confid
mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the bank if you talk to any members o congress, like our team on capitol hill, yesterday an today, the biggest thing the want is a sale of the bank and on the congressional side, the california delegation of republicans and democrat wrapped a briefing call this afternoon. they were briefed ahead of thi public statement they want both the engineering of a sale of the bank, and t raise the fdic limit right
becaus ye as you point out, it is so pathetic that the amount a proficiency in readingay and science, maybe we shouldbe w go back to the way harole dse teachers taught him, because we re failing our kids. we have kid. s in eighth grade who read at a third grade level. this is a crisis . so don t tell me that the states can do it better than doi the parent because they re doing a lousy job whene, it comes to their health, depression, anxiety, fromckdown lockdowns during covid. okay, you ve failed thers ide f as well. so don t i lovroe this line fro this. she said sheat is at length that the right wing christians have embraced the parental rights movementhe parennt to mo to mole how they choose much lik anye ay domesticated animal. yeah, who is this? who is this person? g reprobably a white female liberal. yes. pale . and you know what, jesse ? msnbc guests compared support of classical education to being a pro confederacy dog whistle.ek okay, well, they re just lingo together f
the businesses are going to be able to get their money. they are going to be able to pay their bills. they re not gonna lose anything now, it becomes far less urgen to figure out what s gonna happen to the banks that are basically created out of the shells of this failed banks. if you remember another enormous failure tha happened in 2008 in the summer it took nine months and fdic receivership of where it was called so, that could happen here because the urgency is gone. we don t need a midnight dea anymore. that means the government isn gonna offer the same kind of deals that they might have under more pressure. i want to redo a line fro this joint statement by th treasury federal reserve and fdic after receiving a recommendation from the boar of the fdic and federal reserve, and consulting with th president, the secretary approved actions enabling th fdic to complete its resolutio silicon valley bank. any sense of what that