that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite
that are job openings with you don t have skilled workers to fill them. make that a huge focus in our country the american dream can also have to go through four years of college path to the american dream great skilled training that gives you great jobs. ainsley: if your children have a skill then they will always be able to find a job. what about confronting china? you say you talk about this in your book what it really poses an existential risk to america. and america s role in the world. it s a techno authoritarian model that we have to confront. we lay out a vision for how to do that. we need a whole of nation strategy that decouples china in semiconductors and pharmaceuticals. hold china accountable for covid and terrible human rights abuses. we need restricted u.s. companies from investing in the pla in communist china. we have venture capital companies investing in companies that do business with the communist party and chinese military.
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