loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o stood their business in many c
the trump era banking law that loosened the rules, plus how the collapse is turning into another culture war. then, michael cohen testifie in front of a grand jury settling his - refusing to do what it could mean for prosecutors. running mates, turned politica rivals donald trump and mike pence go head to head over january 6th. the wind up to 2024 as the 11t hour gets underway, on thi monday night here we go good evening, once again, i stephanie ruhle. normally i start this progra giving you an overview of th most important stories of th day. but tonight, there s only on story. it is all about banking, money government, and politics it is exactly what we cove here every night joining me to dig into all o it, my nbc colleagues, jak ward, shannon petty. former wall street banke turned journalist, my friend bill cohen,. before we get into it, let s remind our audience of how w got there. silicon valley bank i, the preeminent bank in the valle for tech it s where all the start o
here is the speech that kevin mccarthy is trying t erase from history the president bears responsibility for wednesday s attack on congress by mo rioters. he should have immediately denounced the mob when he sa what was unfolding these facts require immediat action, by president trump except to share responsibility quell the brewing unrest ensure president elect biden i able to successfully begin his term mob rioters, kevin mccarthy gets tonight s last word the 11th hour with stephanie ruhle starts now tonight, a financial frenzy a new bank collapses as th white house shifts into crisis mode the trump era banking law that
Is a freely and fairly elected president? yes and you believe there is violent insurrection on januar 6th? yes doesn t it complicate you life though, as a republican when you have the fox ecosyste and others out there saying, well, there really wasn instruction, it was a peaceful demonstration? everybody has their interpretation and their spin. god bless mark mckinnon some republicans still canno agree on what we all saw o january 6th. and that very public disagreement includes th biggest names in the party like former vice president mik pence, and his former boss donald trump over the weekend, pence said donald trump was wrong about january 6th, and that histor would hold him accountable back with us tonight, davi plouffe, former obama campaign
Of money from the bank, causin a run on the bank, causing the fdic to step in, shut them dow and essentially take over. what did we learn last night that the government stepped in and for both silicon valle bank, and another bank signature bank, they said, w are going to stop out al depositors we will make you whole they wanted to do that for the depositors, but also to stop contagion. they didn t want the markets t open today and for other small an regional banks to get hurt the president got to the podiu today, and essentially said th same thing said to the country, your mone is safe with banks you will be made whole i ve got your back here s the problem today the markets didn t respond t that there are two schools of thought. there are, there s main street and there s wall street. four main street, a lot of people around the country ar suddenly saying, i heard wha the president said, but i m no with silicon valley bank i don t know that my money i guaranteed people understandably we