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desantis upcoming announcement. what are we expecting from this audio event on twitter with elon musk? reporter: well, jake, ron desantis has already filed the paperwork to run for president this afternoon. so all that s left for him to do is to say the words i m running for president and we expect him to do that tonight at this virtual town hall with elon musk. it will start in about an hour. during that time, he ll take questions and give a statement, and he will finally enter this race. he s spent months and months in this slow rollout. he s been on the road, a book tour, he s done international travel. now it becomes official. his campaign has been hype thing moment for the last couple of days, including posting this video to twitter on his wife s account. do i have the courage? is it worth the sacrifice? america has been worth it, every single time. reporter: now, he also took care of a bit of housekeeping today. he officially signed a bill that makes clear he d

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Transcripts For CNNW CNN 20240706

she has a legacy that is beyond where she grew up, how she grew up. the relationship she was in with ike turner. she really expanded beyond that and the thing that i think is really amazing about tina turner is the fact of her musical legacy and how many decades as you were speaking to, she was putting out music and as a time when people wanted to silo black music, she was like, no. this is the kind of music i m going to do. i m going to be the queen of rock and roll and do songs in the way. she was iconic in the way she performed. for how long she performed. her positive outlook despite what she may have gone through. i d be remiss if i didn t mention her energy performing and those legs. she was known for those fantastic legs and dance moves. her iconic hair. she was always, always true and honest to herself as she evolved. even with the kinds of songs she liked doing, simply the best, a fantastic song. the song from mad max and also golden eye. she did iconic songs for fil

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Transcripts For CNN CNN This Morning 20240706

the federal government is now stepping in to calm financial panic over the failure of two u.s. banks. the biden administration announcing it will extend a federal backstop to all the banks deposits. treasury officials push back on the idea this was a bailout saying the burden is not borne by the taxpayers. we ll hear from president biden moments from now. water everywhere, causing chaos across central california. warnings of intense sustained flooding in the days ahead. it s unimaginable. folks, we are not done yet. former vice president mike pence telling a crowd in washington that history will judge donald trump for his actions on january 6. probably not a message that will be terribly popular with republican-based voters. three women who live in texas are believed to be missing in mexico. we really haven t had any other incidents that i can recall. and the oscar goes to everything, where every, all at once. this year at the academy awards, the

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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

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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

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