a building on a unholy alliance and mark warner on what he sees as a growing threat from china period. welcome, everybody. i m neil cavuto. let s get to it with peter doocy at the white house on how they re digesting all of this. peter? officials are saying this putin and xi get-together is a marriage of convenience. xi thinks that putin can help him challenge american influence. putin thinks that xi can help him in ukraine. for putin, he s speaking about his chinese visitor in glowing terms. over the last years, china has made a huge leap forward in its development. in the whole world, it s a genuine interest and we re jealous a bit. the way that the president s foreign policy when it comes to this is being explained to us, there s no effort to try to contain chinese influence in the world. instead, they would rather try to promote america s interests. do you think that putin and xi fear president biden? you d have to ask them whether they fear or they not. it s no
tomorrow raise interest rates as almost everyone thought it would on wednesday? and almost everyone thought by a quarter point. and then this bank crisis happened. now a lot of people are saying hold off, fed. will they? after this. sfx: [text notification] your prescription for. staying right where you are. your prescription for. the blue or white pill. research shows people remember ads with a catchy song. so to help you remember that liberty mutual customizes your home insurance, here s a little number you ll never forget. did you know that liberty mutual custo liberty mutual. only pay for what you need. only pay for what you need. custom home insurance created for you all.
trillions of dollars in bank deposits and assets, this is a potential real problem. the question is, i guess short term, does the fed pause to stable lies the markets on wednesday? that s a possibility. the problem with the fed though is that inflation doesn t look like it s really going away that much. we if you re going to still have inflation, that is a wicket tax on the middle and working class. you know, it s really in between a rock and a hard place. neil, i guess you can try to blame this on the trump-era deregulation, which is not smart because guess what? silicon valley bank, all of these banks, they got monitored by their local fed. there was reports and warnings given to them. it wasn t like one thing that they didn t do was going to catch it based on the stress test, this is all about the wicked financial monetary policy experiment that we had the last three years, which is unprecedented. when you print money to this
protesters now have no option dew to deal with the reality that they might be able to block roads and bridges and tunnels and the like. they will not be able to re-visit this. so emanuel macron gets what he wants. people unhappy about it. and also keeping an eye at the corner of wall and broad. a big come back for stocks. some are thinking now that some of the banks have been bailed out and rescued and cash flow supported that that maybe they will live to fight another day. let s go to chad pergram following that and what could happen on can toll hill as a result. chad? neil, good afternoon. the sides are drawing battle lines. the house freedom caucus demands that the fed end the specialing funding program for banks. conservatives don t want to guarantee funds for all banks.
bonds before maturity. the bank lost money as interest rates spiked. we watched them park a great deal of money in to long-term bonds. it s not a smart move knowing that inflation was going up with interest rates. do the california regulators miss something? i think we ll have a lot of questions for the governor, gavin newsome about this as well. after the turmoil, many are watching the fed to see if it raises interest rates. that s on wednesday now. the house holds their first hearing march 29. michael barr from the fed is in charge of regulators. neil? neil: thanks, chad to charlie gasparino. what happens next. what do you think, charlie? i can tell you that inside wall street, the big firms, they have identified something like 25 mid sized banks that are, you know, in danger, they believe, of failing. i don t think one bailout,