wednesday. this balloon is going down. this balloon has been taken down and falling from the sky. ashley: but officials want to know why it took seven days for the biden administration to handle this. china has been for some time and will be the primary strategic adversary of the united states. a message they are trying to send the world we can do whatever we want in the america can t stop us. they should not have this encouragement in the united states. we have a real problem. this bible and has become testing president biden strength and unfortunately the president failed that test. griff: brooke singman has more exclusive reporting and kicks things off for us on this monday morning. hey, brooke. with the gang of eight will be meeting as her list tomorrow for the briefing on the chinese spy balloon floating across the mainland last week. navy divers are working to recover debris after air force after air force f-22 fighter jet shut down the balloon on the coas
unfolding in the banking sector has boosted the odds of a recession in the u.s. within the next year. but treasury secretary janet yellen is about to wrap up her senate testimony and she argued the fallout has been contained. i can reassure the members of the committee that our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commitment to ensure that our financial system remains strong and that depositors savings remain safe. now, the market seemed skeptical until they got word that chase and morgan stanley are considering rescuing the struggling first republic bank. regional bank stocks are mixed, which is actually a major improvement from earlier today. elsewhere in the economy some promising new data on jobs and mortgage rates. we have cnn s matt egan, who s here once again to help make heads or tails of all of this for us. okay, matt, let s start here wit
potentially swindle more than $5 billion, almost $6 billion in taxpayer money. marc thiessen and ari fleischer in moments. first to david spunt who is investigating this. good afternoon, david. good afternoon. this came as an urgent alert from the pandemic response account ability committee better known as praac, this is a watch damage made up of government officials and government organizations. march will be three years since the government went into a lock down. many businesses survived but in not the same as from before. praac uncovered 69,000 questionable social security numbers that received 5.4 billion and that s just from studying more than 33 million applicants. there were many more. in many cases, the name did not match the correct name and birthday or the number was bogus, not even from the government. still the money went out in many cases. last spring i sat down with michael horowitz, chair of the pandemic response accountability committee and inspector general
biden s homes and also looking into documents at properties owned by former president donald trump and mike pence. so what are they finding out? we re all over it with democratic congressman john garamendi on why there could be more out there and larry hogan and how this could affect the presidential race, a race that he might join. we ll find out. welcome. i m neil cavuto. so much going down as again this pow-wow with the national archives continues. let s get the latest from aishah hasnie with more. as you heard from chairman comer, he s going to wait until the briefing wraps up. a few republicans have already popped out of the meeting to share their thoughts. they tell reporters that they feel like the general counsel for the national archives has been very thorough in their words, but they also feel like the national archives as an agency hasn t been playing fair when it comes to the trump and the biden documents. watch. the documents about president trump and his cla
Federal agencies to enact new regulations. Representing millions of americans. We are joined in the belief that our countrys system of regulatory safeguards should provide a stable free market that secures our way of life, paves the way for a sound economy and benefits us all. I would like to thank the Economic Policy institute for hosting us today and for all of their work and support in this event. I would also like to thank americans for financial reform, the environmental working group, union of concerned scientists, kids in cars, Environmental Defense fund, Public Citizen and my colleagues at Consumer Federation of america for all of their work in preparation for todays event. Id also like to remind everyone that we are live tweeting at the hashtags hurt by deregulation and go away raa. This morning we are here to discuss the very real and significant consequences of deregulation. As a country, we depend on rules to make our lives safer, healthier and more fair. However, there are