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Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 20240706

loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o stood their business in many c

Transcripts For MSNBC The 11th Hour With Stephanie Ruhle 20240706

the trump era banking law that loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:49:00

grid iron is an indictment o him, because he knew there wer no cameras there so, nobody can make an ad of him saying trump was wrong here is the thing, david. that hard-core maga crowd, man of them were the ones chanting hang mike pence on january 6th and to mark s point, if he actually wanted to take different lane and g entitlement reform and small government, there is a faction of the party waiting for him with open arms what lane is he trying to go for? yeah, well, you have to pic a lane i agree with mark. i think it s a very small lane [laughter] but right now, he s a no lane. so, i think there s very limited upside for him to be the truth teller but he ought to try and ge some upside, rather than basically antagonizing everybody. the people who would like hi to speak more forcefully and publicly about january 6th, an by the way, he was one of th few people in that orbit willing to stand by th constitution, that s not going

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:16:00

continue to spread, you re right. somebody might snap up thi bank and get a bargain in theory, it s foundational it s fundamentals really wer pretty strong. as bill says, this terribl bet. but you know, you saw the pani from this one episode. then spread over to signatur bank to the bank in new york whic had, of course, some crypt explosion. a lot of people have bee focusing on. that - cnbc today that it was specifically the contagion fro the silicon valley ban collapse we saw it move from one plac to another there are other regional banks we are worried about now i think you re absolutely righ that there could be a silver lining for somebody who snap this thing up. it is this reputational harm that i think everybody i really shaken. by gravity is suddenly not trustworthy. the ability to just pu something into a bank that you can rely on it, suddenly is no as solid as we thought it has that feeling, you know, i feel like i m always bumping into this in my beat it feels like we re makin

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 06:48:00

manager and senior adviser t the president, and mar mckinnon himself, we just sa in that interview, forme adviser to george w. bush an john mccain. clearly from their, one of the co-host of the circus. mark, mike pence, this is th guy who vowed to fight the doj subpoena about january 6th on what ground can he sa history will show donald trump is wrong you know, he seems to think he will get some credit when the trump faithful for some no pulling some executive privilege string or some way t dodge the subpoenas. at the same time as that they re trying to be the truth teller on january 6th, on th election, on social security and the medicare and the futur those entitlement programs actually seeing things tha need to be set but there s no truth late in the republican private, if you re running for president nobody wants to hear that. and yet he s chosen to be th one to carry that torch. david, i want to share what our friend claire mccaskil said about mike pence comments i don t th

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