street s larger banks to potentially prop up othe troubled institutions. meantime, republicans have gon from claiming that crisis wa caused by bankers distracted b diversity to claiming silico valley bank was quote too woke to fail. is this kind of rhetoric makin a difficult situation even harder to manage this kind of rhetoric about too woke to fail or whatever the exact terminology, absolutely absurd. no serious economist, no serious expert on the financia system would take it seriously but we do have a serious situation with our economy and i proposed legislation that in fact would return to taxpayers the bonuses and the othe proceeds of any kind of to executive that s happened with
finance committee and one of the senators who stands by their 2018 vote to eas scrutiny on certain banks. senator, let s start with the. there are a lot of peopl pointing fingers now sayin that this would not have happened if those rules had no been rolled back first of all, guy adami set in our last segment, even if th full force of the original job frank was in place, the silico valley bank would have passed. take us back to 2018, why di you vote to ease those rules and why do you stand by it today? stephanie, it s good to see you again. guy set it, the treasury secretary today said it, and the vote in 2018 was fairl straightforward. i have been working for te years with colorado s loca banks, with rural bank throughout the mountain west who as a result of the downtur and regulation that we have pu in place after the big downtur in 09 and 08, we ve seen massive consolidation of banking industry, and we v seen the small banks having to comply with regulations that were very appropri
some moderate senate democrats are resisting new rules that would impose tougher regulations on banks democrat senator michael bennett of clara joins me now. he is a member of the senate finance committee and one of the senators who stands by their 2018 vote to eas scrutiny on certain banks. senator, let s start with the. there are a lot of peopl pointing fingers now sayin that this would not have happened if those rules had no been rolled back first of all, guy adami set in our last segment, even if th full force of the original job frank was in place, the silico valley bank would have passed. take us back to 2018, why di you vote to ease those rules and why do you stand by it today? stephanie, it s good to see you again. guy set it, the treasury secretary today said it, and the vote in 2018 was fairl straightforward. i have been working for te
collapse of silicon valley ban and signature bank the new york times reporting that the plan to say first republic, are you ready fo this was hashed by quite the trio treasury secretary janet yellen, ventured jay powell and that chairman jim eat diamond yellen went before the senat finance committee, and she insisted that the u.s. banking system is sound and defended the emergency action to contai the fallout after the silico valley bank collapse we felt that there was serious risk of contagion that could have brought down an triggered runs on many banks we wanted to make sure that th problems at silicon valley ban and signature bank did not undermine confidence in th sadness of banks around th country. tonight, we are keeping a eye on the former presidents legal troubles that ar
saying that a bank gave mone to black lives matter and it didn t happen. there should be accountability for fox news and for those folks for peddling in lies i do think it s incumbent upon us in the media. i think it s incumbent upo right thinking republicans t stand up and say, that argumen that they re making over there is room. to tim s point, here is th republican, slash conservative argument against what silico valley bank did. there are not doing the. they don t do it the joke of woke. i want to talk about another serious issue. it s about education the new york times is reportin that there is a publishe decorated multiple different versions of their social studies material and som softened or eliminated references whatsoever to race. that even took the story o rosa parks out, and they did his so they could gain approva in florida jonathan, rosa parks