hello and welcome to inside politics. i m john king in washington. thank you for sharing your very busy news day with us. call it a biden racy can you. the federal government swoops in to pay back depositors after a bank goes under. he promises 2023 will not look like 2008. the bottom line is this. americans can rest assured our banking system is safe, our deposits are safe. plus mike pence says president trump was reckless on january 6th. a big question now, whether pence repeats it when he s with gop voters in iowa, new hampshire and beyond. and president biden green lights a giant oil project in alaska. progressives are mad again. the drilling project suggests an early move to the middle with an eye on 2024. up first for us, though, a pair of bank failures and a white house emergency plan the president says will protect the economy but not at your expense. president biden speaking this morning before u.s. financial markets opened for trading and before most banks o
hello, i m briana keilar in washington. right now wall street and main street are wondering if more dominoes will fall or if the biden administration s drastic action following the second largest bank failure in u.s. history will stave off a broader financial crisis. this morning president biden assured americans that their money is safe after the federal government takeover of silicon valley bank and the smaller signature bank. svb may be a new name for many people, but it was a go-to bang for the tech sector. high-pro-final companies like roku, etsy, and fitbit were clients. some had hundreds of millions of dollars tied up with svb. all those deposits are guaranteeduncle sam. all customers who had deposits in these banks can reassured they ll be protected, and they ll have access to their money as of today. no losses will be born by the taxpayers. instead, the money will come from the fees that banks pay into the deposit insurance fund. the management of these banks will
months after stolen classified documents turned at the up and biden center. docum remember, that was six dayenstst urbefore the midterms on novembr the 2nd and two months afterlasf more classified material was located in the garage with thate corvetted right there, the safa garage that he says is locked all the time. obviously, he s not locked all the time. and by the way, att locked five separate locations within these homes and offices, now, two weeks after even more classified material was tw discovered, during a search at biden s home in wilmington, delaware, and 10 days after joe made a very unusual winter tripl wi to rehoboth beach hous. this was in january .ea now, think aboutch this. joe biden took a trip to his january .e in i m sure it was beautiful. hous tem sure the weather wasin. but 10 days before the fbi searched that very property for classified documents. th what was joe doing there?? th remember, this is during aisnoia ongoing criminal investigation. and joe
tony fauci effectively defended lockdowns, masking s, and vaccines. in fact and the fall of 2020 he won an emmy award for his daily covert briefing. he was and actually celebrity, and everybody said so within weeks of getting that emmy, it began to fall apart. a number of women came forward to claim that he had once said impolite things in their presence. by the standards of his many scandals in office it seemed like nothing. that for reasons they never explained, democratic leaders, leaders of his party in washington took the scandal seriously. they described his behavior as sexual harassment. the people who hang out enemies even took back their awards and scrubbed his name from their website. he was too immoral to shares with hollywood actors, and that is pretty immoral. what did he do wrong? he outlived his usefulness to the party and that s what he s dead. he stayed too long. he was in his 60s, white, male , he was someone his demographic profile record the democrat party
moment. komar is now planning to extend his committees critical investigation into joe biden an his family is lucrative employment at u penn that biden center. seriously coincided with you pens lucrative relationship wit the communist party of china during biden s employment at u penn. tens and tens of millions of dollars we believe 67 up-to-dat from china pouring into the university. at that same time hunter biden was the beneficiary of a very look at a dl with a chinese energy company. you believe that? private office at u penn the biden center made possible by the communist party of china. you can t make that out. that s exactly what top secret classified obama era documents it turned up years later. we have a complete details a great specificity breaking news coming up. tonight, we are witnessing a white house and food crisis mode . they are panicking in the west wing biden a visibly shaken after the appointment of a special counsel to investigate the classified top secre