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
Interesting. Solid conservative, excellent legislator. I think es hes one of these people you want in congress. A person of tremendous integrity whether you agree with him or disagree. He knows full well hes going to face a primary opponent and trump will campaign against him but in the land of barry gold water, were going to see now a defiant and Maverick Mccain and someone in flake with this book and his campaign is going to elevate conservativism again. The ultimately they need to find a way to govern. The to go to voters to say give us your trust to move the country in a new direction. Thats not just about the economy and the governments intervention in the economy. So you have the republicans making a move towards conscience or so they say and chris, you
have this other blow to the president in the form of a lawsuit, former d. C. Cop accusing fox news of manufacturing a story, using the death of a dnc staffer to distract from the Russia Investigation. We talked to the donor at the
i do this it forces the fed to raise up rates and that s what is sucking these banks down. brian: does it bother you the ceo dowrched $3.5 billion of stock the day before. does it bother you that the silicon valley bank had no risk assessment manager for nine months. it absolutely bothers me. a end from of mine texted last night he goes wait a second, you no longer have to run a bank prudently. can you just run it the way you want. and then the federal government is going to step up? so i think that s one, important, we not have taxpayer dollars involved. but, number two, you have got to look at that ceo oh a little inside trader action going on. brian: we knew inflation was going to go up. we knew rates were going to go up. if reknow that, how could the head of a bank not know that and theirenning board not know and this a not make adjust. s. i m told people selling short stock going down looked at the financials months ago and traced it made $500 million. ainsley: woe.
what are you learning? a source tells me this won t just be a vote on contempt, that there are significant new details, that the committee is going to lay out in black and white the substance of these texts. we re going to hear members read exactly what was being said to mark meadows and what he was saying back in realtime on january 6th during the riot. let me give you an example of two that we re aware of from the 51-page document. this is a stekt from a former white house employee to mark meadows, quote, you guys have to say something even if the president is not willing to put out a statement. you should go to the cameras and say we condemn this, please stand down. if you don t, people are going to die. although the committee does not identify who that former white house employee is, reknow who it is from a washington post
kamala harris had had some staff issues regarding sexual harassment. to say nothing of hillary clinton still the ostensible leader of the party. so if elizabeth warren is going to complain about bloomberg, who may be apparently in the perfect party for himself. she needs to ask questions still of hillary and bernie sanders and the whole host of people and, frankly, even the people they are hiring at this point, obviously it s about hypocrisy and donald trump. tucker: you make such a good point here i can t believe a democrat. but actually this is the party of jeffrey epstein. it s the perfect party. that s correct. reknow ronan farrow reminded us that harvey weinstein was effectively an advisor to hillary clinton. it is jeffrey epstein who is, you know, trying to, you know, get everybody to, you know, to be his friend. but the reality is that, you know, we can t have these basic standards just for certain people and condemn someone like donald trump who, in the midst of the democra