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CNN Early Start With Christine Romans July 6, 2024

message from democratic leaders to allies, stop piling on the vice president if they want the party to win next year. plus thank you to the academy. this is history in the making. actress michelle yeoh capping a night of triumph for everything everywhere all at once. big win there. see who else won the biggest awards of the night, ahead. all right, welcome to our viewers in the united states and around the world. i m rowchristine romans. just hours from now, president bide will be speak to the nation about his administration s plan to cool with the failure of two, two banking, silicon valley bank and signature bank, two commercial banks with more than $200 billion in total deposits. tvb a major startup of tech startups. federal officials are desperate to prevent contagion leading to runs on other banks. so far, they ve promised everyone with deposits in those two banks ininsured and uninsured will be able to get the money out and now with the bailout in ....

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CNN Early Start With Christine Romans June 4, 2024 09:02:00

Everyone with deposits in those two banks ininsured and uninsured will be able to get the money out and now with the bailout in the wake of the 2008 financial crisis, officials are promising taxpayers will be on the hook for none of it, although investors and bonholders will be wiped out. cnn s jasmine wright live for us in washington. what a weekend. clearly a very busy weekend at the white house, at the treasury, at the fed. what s the plan and what s been the reaction, jasmine? reporter: yeah, christine, the white house has been watching this very closely, knowledge of concerns that this could lead to a financial crisis like 2008. like the president s direction, his financial team has worked hand in hand with financial regulators, behind the scene efforts, furious behind-the-scene sefrts to lead to these dramatic measures you described. when you talk to the white house, they say this is not 2008, the economy is until a much better place, and guard rails are put in place to help ....

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