About the collapse of silicon bank west church of the largest Bank Failures in u. S. History. Congressman mchenry discussed the role the Federal Reserve and the Deposit Insurance Corporation Bank Regulation of Risk Management. This event as hope and by the brookings institution. Kground noises] [background noises] good morning everybody. Im director on fiscal and Monetary Policy and be half the hutch and Center Center on me you to this event both the people in the room and the people watching remotely. Our subject today is what lessons we have learned from the really interesting efforts of march 2023. A year ago the glol Financial System suffered the most significant banking stress since the Global Financial crisis of 2007 and eight. As you all probably know if event Silicon Valley bank failed prompt and the fdic to take it over the middle of the dayay could not even make d it to the weekend which is as a one off event. Silicon valley was certainly for lack of a better term unusual. Th
The western world. You frame project is facing some stark in probably insurmountable obstacles can, is failing badly on the battle. Western aid is meeting limits and there is never been Popular Support for this elite group project. The biggest loser the thatd be due to the mystic. Charlotte, the more than 200000 people donated us. Dont you know during world war 2 theres a patrick was wanting to initiate it was this was the button the button issue. Yeah. So were getting funding the Service Getting ready to book with the service is, is like, i dont, you know, really the world weve got some such at the moment. I mean, you finish up the good is that instead of going with is beth is a good one. You know, to do not that you all ship is more covering the throughout, you have to bring in order to come to the next. I go to the experience of the meals. And i wouldnt even that the, even in soviet times the students had mixed feelings about soviet engraves. On the night of may, the 8th, 1946 to sc
And get some yellows in there and heavier downpours. Heres the future scan that shows you over the next hour. Notice how the study rain is over spreading much of the hour. Still a fairly easy commute over parts of long island. This is what the radar will look like through the evening hours. It gets very heavy during the evening. There will be some downpours that could cause ponding on roadways. It continues in long island and connecticut until after midnight before we dry out late. Heres what you need to know, the rain intensity ramps up after sunset. Wind swept rain can continue until midnight, especially east of new york city. A lot of places will get up to an inch of rain. More off to the north and east. We will clear it out, brisk and colder by dawn tomorrow. This is a storm thats intensifying right over us so things can change in a hurry so well keep you posted back to you for now. Well break into you if you need to let us know. Thank you. Theres been a big break in a case of a te
Thousand jobs in august, the smallest gain in years. This could mean the fed waits before tightening policy. Over 700 billion of fixed income from blackrock. He is here to share his views. People saw an immediate reaction. Except for the headline, Everything Else was pretty good. Themployment rate dashboard improved. We saw hours worked unchanged. Longterm unemployment went down and the number of people working parttime. Federal several prominent researchers said that a secular because so many people are retiring from the labor force. That is not the position janet yellen has taken. Within the fed there is a growing recognition that that is the case and we are not going to see a big rise big rise. Are people going to come back into the labor force . What you make of all this . Take a caveat and say there are things that are really good. Every single piece of Economic Data has been positive. Adp was really good. I sm. If there is something worth thinking about. To 17 have disappointed a
To search in the rubble to find someone who may still be alive. Cannot be expected to do so. Quarantine confusion as scotand and wales impose new restrictions, while theres no change in england and Northern Ireland people in leeds are barcelona superstar leonel messi being warned to follow coronavirus guidelines agrees to stay after insisting he wa nts to or face new restrictions. Agrees to stay after insisting he wants to leave. He says he doesnt wa nt to wants to leave. He says he doesnt want to drag the spanish club into rescuers in lebanon continue to search in the rubble for possible court. Survivors after some signs of life and coming up, the world famous were heard yesterday conductor, the orchestra celebrating a hundred years, and a big appealfor cash. Warns that the future of music could be at stake. Back to one of our main stories now, and theres quarantine confusion for some british holidaymakers, with the four uk nations now disagreeing on rules hello and welcome if you re