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responsible completely. welcome to fox fox news live, i m eric shawn. hey, arthel. arthel: hello, everyone, i m arthel neville. new questions today about what led to this e epic collapse. in 48 hours, the go-to bank for tech start-ups and small businesses went belly up. the fdic, which insures bank deposits up to $250,000, says customers will have access to their money by tomorrow morning. here s secretary yellen earlier today. what i do want to do is emphasize that the american banking system is really safe and well capitalized. it s resilient. during the financial crisis, there were investors and owners of systemic large banks that were bailed out. we re not going to do that again. eric: well, is this going to cause a meltdown the on wall street and elsewhere? nate foy is here following other breaking news. reporter: in her remarks this morning, secretary yellen kid the not say how regulators plan to help depositors, only that they will. and she assured that the ....
Congress. if not for that change, the bank with would have been urn incredible scrutiny under incredible scrutiny, and the stress tests would have shown a lot of that, and they would have been much more better capitalized. arthel: so are you saying, and i have to go, are you saying that that was a good move or a bad move? it was an awful move of because what we did is we allowed a myriad of banks to not have the same stress tests we had as the larger banks even though all of these banks, in my opinion, should be is regulated in a way that s to make sure that they are safe and secure. that s why people put their money in deposits. i don t know if we need to to go back to the 50 billion or we should go to 100 billion, but it s clear that the 16 isth bank is 16th bank is an important financial institution and should be regulated at the highest standard. arthel: and really last one, for real this time, so can that that be done? can the biden administration do that instantly? no, th ....
Developer Beulah said 70-80 per cent of buyers of apartments in its Southbank mega tower were owner-occupiers, many of them locals seeking larger apartments. ....