insurance for deposits saving grace for deposit fors as of much as $220 billiony uninsured. move to prevent a run on additional banks makes it so the tech company as it banked with svb can make payroll. at least 29y impacted pinterest, zip recruiter just to name a few. separately the same has been done for new york signature bank which was shut down over the weekend. treasury secretary janet yellen says the action does not equal bailing out the banks. during the financial crisis there were investors and owners of stem large banks that were bailed out and we re certainly not looking and the reforms that have been put in place means that we re not going to do that again. but, we are concerned about the depositors and are focused on trying to meet their needs. so, unlike the great financial drivers stock and bond investors will not be protected by the move. and taxpayer money will not be injected. percy square agrees this was not a bailout. he wrote this on twitter, quote
it was dismissed in less than six months. practically actually laughed out of court. now the ruling by u.s. district judge donald middlebrooks ordering trump and his attorney to cover the legal costs of the defendants in that suit is one for the ages. it is a stinging rebuke of donald trump the man and of donald trump s lies and his tried and true now legal strategy of jamming and gumming up the courts with lawsuits. it starts off like this, quote, this case never should have been brought. its inadequacy there is that word again as a legal claim was evident from the start. no reasonable lawyer would have filed it. the judge then makes it crystal clear that the ex-president himself bears responsibility for the suit. he goes on, quote, trump is a prolific and sophisticated litigant who is repeatedly using the courts to seek revenge on political adversaries. he is the mastermind of strategic abuse of the judicial process, and he cannot be seen as a litigant blindly following
kevin: the president will speak at the un general asem blee a few hours from now, he has collected what he wants to say and sources say this will be a seminole moment in the short biden presidency. he is expected around 10:35 this morning. these things tend to slide as the day goes along, 10:35, could be closer to 11 or 11:30. we ll be watching. he will participate in meeting with un secretary general and have a bilat with the brand-new prime minister of the united kingdom. beijing considers its response to the president s repeated insistence that if china does invade taiwan, the u.s. will act. would u.s. forces defend the island? yes. to be clear, u.s. forces, u.s. men and women would defend taiwan in event of taiwan invasion? yes. kevin: surprised the reporter and many on the team at the white house. the address is expected to place china and taiwan issues front and center today and no, despite his previous comments to the contrary, no change in u.s. policy, tai
speaking to the un general assembly delivering remarks to the 77th session of the asem blee around 10:35 this morning. the events are close to on time, although it is expected the timing will slide down as the day goes on. the president will take part in bilateral with the un secretary general and shortly after 1:00, give or take, expected to host with the new prime minister of the u.k. beijing considers response to the president s insistence that the u.s. will step in if china invades taiwan. to be clear, sir, u.s. forces, u.s. men and women would defend taiwan in the event of chinese invasion? president biden: yes. that is news to folks on the white house team. he has addressed, he is expected to place china and iran front and center in the comments and despite comments to the contrary, have not shifted vis-a-vis taiwan and china listen to this. when the president of the united states wants to announce policy change, he will do so. believe what we say and not what
hitting the airwaves just last night. speak of the most dangerous thing facing georgia is four more years of brian kemp. my record has been attacked because miss abrams doesn t want to talk about her own record. talked to a police officer and they will tell you they are terrified of doing the job senator leahy has been doing this thing with a pocket constitution for the last couple of years. it is not a prop. carley: with a jam-packed night, jackie ibanez has more from all the candidates. by the end of this week early voting will have kicked off in 25 states. 17 states have officially opened their polls with iowa, nevada, tennessee set to join them later this week. early voting underway in georgia were republican governor brian kemp and democratic challenger stacey abrams went head-to-head in an intense debate last night. the incumbent pushing abrams on her past and i police rhetoric. listen. how many sher sheriff sherifs have i think you believe it s the truth.