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FOXNEWS FOX Friends First July 6, 2024



we ll today, ashleigh. good morning, you know, over the weekend, the government also shut down new york signature bank, so this action will apply to those customers as well. even uninsured depositors have been given the guarantee that their money will be returned in a joint statement by the treasury. federal reserve at f d. i c reads quote, depositors will have access to all of their money starting monday, march 13th no losses associated with the resolution of silicon valley bank will be worn by the taxpayer, the president said. that more will come today. president over the crisis. what s that? , access to all of their money starting monday march 13, what is that? we are expecting to hear from the president at 8:00 and all of this emergency action was a ripple effect. and also protect the payroll for companies with svp. may need recognize like fitbit , there is no consequences to their actions. treasury secretary janet yellen said a bank by little else was never o ....

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FOXNEWS FOX and Friends July 6, 2024



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 ....

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FOXNEWS Fox News Live July 6, 2024



known as black beach where the most secluded beaches in san diego. the vessels during the migrants those are small open outboard engines. they usually say use for smuggling. because of the overnight thick fog in the year that has delayed the search for more victims. crews are hoping to use helicopters once those weather conditions improve. arthel: forming acting ice director tom will join us in a moment but first let s go to bill he is alive in mission, texas with the very latest on the search, bill. what s arthel come good afternoon here for unfortunate this is looking like at another human meddling in smuggling that gone wrong turn deadly we ve seen this happen over and over and over again. at the southern border during the border crisis latest death tallied so far, eight people. you take a look at video this happened late last night. you guys mentioned there are still seven people missing after these boats crashed into each other. that death account can potentially g ....

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FOXNEWS The Big Sunday Show July 6, 2024



it be? billionaire if investor bill ackman tweeted last night, sillen con valley bank customers will get around 50% monday/tuesday, and the balance realized over the next 3-6 months. if this proves true, i d expect bank runs monday morning. no company will take even a tiny chance of losing a dollar of deposits as there s no reward for this risk. after the systemwide fdic system deposit guarantee, more bank runs begin monday a.m. a whole lot of officials including treasury secretary janet yellen are trying to calm fear today. she points out it s highly unlikely, take a listen. the american banking system is really safe and well capitalized. it s resilient. we want to make sure that the troubles that that exist at one bank don t create contagion to others that are sound. svb s one of the top 20 commercial banks in the country with over $200 billion in assets. current customers include shopify, etsy, fitbit, roku and ziprecruiter. here s house speaker ken mccarthy on ....

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FOXNEWS Fox Report With Jon Scott July 6, 2024



mike: meantime official say eight people are dead and several others missing after two suspected smuggling boats capsized off the coast of san diego bill melugin is live with all the latest developments from our southern border including the search for three missing women who disappeared after crossing into mexico more than two weeks ago for acting dhs secretary chad wolfe is also standing by with his reaction let s go to bill melugin live in mission texas with the very latest from the border on all three major stories. afternoon we are tracking breaking news out of el paso, texas a developing situation where multiple sources tell us a massive group of a thousand migrants have rush the border there and tried to get into united states via the port of entry, take a look at the video into fox news given exclusively by a contact on the ground who is with the migrants as they rush the border on the mexican side and ran onto el paso day norte bridge in el paso and started r ....

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