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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, ....
the goal overall will be to instill confidence in the american banking system. federal regulator said depositors will have access to their money today. the measures have effectively waived $250,000 insurance and of $220 billion in assets uninsured. at least 29 companies were impacted by svp collapse like pinterest, fitbit, ziprecruiter to name a few. the same has been done for new york signature bank, which was shut down over the weekend pure treasure secretary janet yellen said the action does not equal bailing out the banks. we are in the middle of a financial crisis. if you were investors and owners of systemic, large banks that were built out and we are certainly not looking to reform put in place and that means we will not do that again. but we are concerned about depositories ever focused on trying to meet their needs. ceo of pershing square eckman agrees this was not a bailout in terms of how the term has been used as of recently mainly because taxpayer funds ....
tell me. the shotgun that i secured in my vehicle on the scene. okay. [no sound] marked as exhibit 4. see if you recognize this particular item. that would be the shotgun i secured. at this time we move exhibit 4 into evidence. no objection. submitted. may i have sergeant green show the firearm to the jury. make sure not to point it at anybody, please. you know how to engage that firearm? okay. all right. sergeant green, i ll show you one other document before we move on to some other matters. all right, your honor i move to admit state s exhibit 2 without objection. no objection. i will show you this exhibit and see if you recognize this document. yes, that would be the chain of custody for the shotgun. is there a signature on that document? it is. what does this mean to the jury? i originally took position of the weapon and turned it over to investigators. may i publish this exhibit, your honor? yes. did you you turned the shotgun ....
simulating attacks on the self ruled island of taiwan, this comes after a meeting between the tae hwi s just taiwanese president tsai ing wen and kevin mccarthy last week. the tensions, the international monetary fund warns of severe weakness in the global economy over the next half a decade. the fund says its outlook for global economic growth for the next five years is the weakest it s seen in a while. earlier on spoke to peter mwai, chief executive of xm australia and he told me situations like these are when investors may look to rebalance their portfolios. peter mwai. look to rebalance their portfolios. peter mwai. they look at market portfolios. peter mwai. tie: look at market interpretation, rhetoric, they said there and they say ride, are there other opportunities, the certain sectors of the markets removed from or other markets to look stronger out, gold or retail versus institution or mining, so we have a degree of concern and we need to wear this on ....
joining us live. but first, this fox news alert. two interviews and a primetime speech, but a week of talk from president biden only serving to raise new questions. one was about the chinese surveillance craft. the president brushing off its significance and risk after it loitered across the nation just last week. john: president biden claiming the violation of u.s. air space was not a major breach of national security, yet it traveled thousands of miles over some military sites and collected information from the ground to above. and capable of collecting communications and sending them straight back to china. sandra: a far cry to portray it as no big deal, just a balloon. a lot to unpack as america reports rolls into a second hour here. another busy news afternoon on a friday. sandra smith in new york. great to be with you. john: john roberts in washington, good to be with you, sandra. the president getting attention for trying to downplay the classified doc ....