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FOXNEWS The Story With Martha MacCallum July 6, 2024

crisis that we ve seen this kind of stunning bank collapse. that s why when president biden before the market came on the airwaves and told the nation that the government would be stepping in. watch. no losses this is important important. no losses will be borne by the taxpayers. let me repeat that. no losses will be borne by the taxpayers. instead, the money will come from the fees that banks pay in to the deposit insurance fund. martha: is that accurate? let s bring in david asman and fox business correspondent susan li. the market sold off a lot early on. bounced back. now it s up 163 points. i want to ask you why in just a moment. first of all, this idea that the taxpayer is not on the hook in any way for this. let s play this janet yellen sound bite. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and were certainly not looking and the reforms that have been put in place means that we re not going to ....

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FOXNEWS The Story With Martha MacCallum June 4, 2024 19:52:00

They re trying to push us away from what we call the first island chain. that means taiwan, japan, that means philippines. we have not reacted to that at all. there s a good first step that we re taking and we signed today with the aucus agreement that we re providing nuclear technology to build three l.a. class attack submarines and develop that technology with the britts and with the australians. it s not been done before. the australians never had the technology and the britts have never transferred that technology either. there s a good first step. we re always late to it. we have to change our national security strategy and address it. martha: great point about the submarine technology. very important move for that region. we ll see where it goes. thank you very much, general. good to see you. thanks, martha. martha: so a special series digging in to the mental health of teen girls in america. ....

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