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MSNBC Symone June 4, 2024 20:01:00

Greetings everyone, we are watching symone. we are getting into the new information about the possible evidence that some of the witnesses of the grand jury in fulton county georgia could be hearing, as soon as tomorrow. when d a fani willis is expected to present her, case against donald trump in his alleged interference in the 2020 election. and, emergency efforts are underway in hawaii. they re going to provide residents with food, they are trying to get folks what, or even medicine. and some are still looking for loved ones, after what is now the deadliest wildfire in u.s. history. plus, arrests made in connection with a brawl in montgomery alabama, the video exploded on social media. our culture critics are going to weigh in on why this confrontation is getting so much attention. simone sanders towns in, and i have something to say. ....

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CNN CNN This Morning Weekend June 4, 2024 10:24:00

U.s. bank. jpmorgan chase chief jamie diamond and the chairman of the fdic, the goal is to return the markets to normal and convinces you at home your money is in safe hands. it capped a fast week of efforts by the federal reserve, treasury department, and bank executives trying to inject confidence and capital back into the financial system. amara, boris? christine, thank you so much. president biden is also calling for accountability. he s seeking that they claw back by imposing tougher sanctions for banks that fail. cnn s reporter jasmine wright has more details on this. good morning to you. what else did the white house say congress needs to do about this? reporter: yeah, boris and amara, you re right. the president does want accountability. after we saw the administration taking dramatic emergency ....

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CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 15:26:00

Executives trying to inject confidence and capital back into the financial system. thank you so much. president biden is calling on congress to act and expand the fdic s ability to hold bank s accountable after this week s banking sector meltdown. cnn white house reporter jasmine w wright joining me live with the latest on this. jasmine, what action does the president want to see taken? reporter: ultimately the president wants accountability and this comes after the administration put in place the dramatic emergency efforts. now he is going dong, saying they should step in and expand his administration s authority. i want to read you a statement he released on friday. the president said that no one is above the law. congress must act to impose tougher penalties for senior bank executives whose mismanagement continued to their institutions failing. really here he is going to congress to ask for three things. first, he wants congress to expand the fdic s authority to ....

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CNN The Situation Room With Wolf Blitzer June 4, 2024 22:16:00

Causes, biden officials are watching the markets for signs their emergency efforts are taking hold. we have to have people know if they put money in the bank, it will be there in the morning. otherwise you ll have systemic risk to the whole system, which is what the feds stepped in and took action on sunday about. reporter: regional banks shifting rapidly into positive territory today. with officials continuing to see positive signs about dissipating deposit outflows from the most at-risk banks. real bank regional banks fine. reporter: but the political backlash has started to escalate. remember, the average household has $5,000 to $10,000 in their average bank account. they re going to have to subsidize. people who had up to $5 million in their accounts, that is corporate coneyism at its worst. reporter: with some ....

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