hello and welcome to inside politics. i m john king in washington. thank you for sharing another very busy news day with us. on notice, six more lenders get put on a watch list following the bank intervengs. new inflation numbers today make the challenge even more complicated. the inflation playbook says raise them again. plus the anterior of reagan no more. gop presidential hopeful ron desantis says russia s assault on ukraine and its democracy is not a vital u.s. interest. it s a flip tlop for the governor that puts him in sync with today s gop. and blame mike pence. donald trump says jan 6th would not have happened if pence had helped him steal the election. up for us first, the justice department and the securities and exchange commission now conducting separate investigations into the collapse of silicon valley bank. the news following a startling warning that six other banks ared a at risk of credit downgrades. it s part of the huge balancing act for the economy.
The latest news from around the world with host Fredricka Whitfield. And then actually never really does do it. Like release his taxes, right. Then theres other cases where it overrides all common sense, all of his advice and everybody else and does do it. The big question is, is he going to do it in this case . We dont know what donald trump were fog to get on that particular day. Although his staff does say and his attorneys do say that his tweets, in effect, and his public statements amount to his own testimony so far and you can just read his tweets and read his mind and thats something muler is doing, to see if theres any condemning statements hes made in those tweets. Hes been warned about that for a very long time. The president continues, you know, to tweet. Whether he is saying disparaging things about the process, his own intel community, all of that. How will mueller use these tweets to his advantage . Even if they never get direct q a from the president . Yes, well, the twe
was done so quickly, so any wrongdoings by banking officials, by regulators, by the government officials, that s what they re going to be looking for. just anything that suggests that this deal isn t perhaps as it should be. i mean, we mustn t forget at the end of the day, this deal was done extremely quickly and it was done at a time where there were a lot of concerns whether the bank would actually survive another few days or not. but that doesn t mean that things shouldn t be done properly. so i think that s what theyjust want to make sure. lots of scrutiny of that emergency murderer that was pushed through. lots ofjob murderer that was pushed through. lots of job losses murderer that was pushed through. lots ofjob losses also announced as a result, but designed to stabilise financial markets and the wider economy after the collapse of those two us banks. now, your smartphone is a part of your every day life, but have you ever wondered when the first mobile phone call was made? well
bankruptcies. but what i m hearing mostly from banking officials and people in the industry is that the feds and the treasury s move over the weekend has stopped has put out the fire for now. the question is surveying the rest of the field and seeing how isolated some of these problems are. remember svb was a bank for startups. signature bank, that had gotten into the crypto lending world. and a third bank that failed was also a crypto lender. these are niche lending institutions. and last ily before i let you go, if we were having this conversation a week ago, we saw the inflation board today, we would be certain the fed was going to when it means next raise rates because of the core inflation there are some saying no more volatility. take a break. take a month off. what s going to happen? there are people who say the feds shouldn t do anything. they need to take a week or maybe just a 25 basis is point. no one is saying the fed should