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CNN CNN Newsroom June 4, 2024 17:38:00

Me if i m worth $8 million. excuse me public excuse me. go ahead. alright excuse me. yes, sir. million dollars. that s good news to me. i m not aware of it. that s a lie. all right number two records. you re probably looking at some phony right wing into net stuff. it ain t true. you should read beyond that. now that exchange very heated between senator bernie sanders and republican senator mark wayne mullen that came during a hearing on starbucks alleged union busting tactics. howard schultz is the star witness today, just days after he stepped down from his third stint as the ceo of starbucks. he is there under the threat of subpoena from bernie sanders. cnn s madigan has been following all this mat that exchange that wasn t even the main event. it was it was, you know, there was four schultz to testify. so what did we hear on the starbucks front? the main event really was bernie sanders confronting starbucks founder ....

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CNN CNN Newsroom June 4, 2024 18:11:00

Busting tactics this morning, the outgoing ceo of starbucks, howard schultz, testified before a senate committee led by his foil, senator bernie sanders. yeah, he opened by accusing starbucks of the most aggressive and illegal campaign against unions in the modern history of our country. think about a multi billion dollar company. with unlimited resources with all kinds of lawyers, advisors consultants, and yet they have not yet signed. one contract with any of their nearly 300 unionized shops. madigan is here now with more cement. how exactly a starbucks being accused of working against unions. well this was quite the showdown right? on the one hand you have the most progressive or one of the most progressive members of congress and bernie sanders. then you have the billionaire businessman and howard schultz and we should ....

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CNN CNN Newsroom June 4, 2024 14:22:00

Many of these migrants, so they re essentially many of them have told us over the last few months. just sitting there waiting in limbo, so that really kind of speaks to the frustration and the anxiety that so many of those migrants are enduring there in that border city of juarez, but at least 39 people killed in this latest incident, and it is a tragic scene there, jim tragic released lavandera. thanks so much for the details. back here in this country right now the nation s top banking regulators there, appearing before congress the issue topping everyone s mind how the u. s banking system is doing following two dramatic bank failures. earlier this month, a federal reserve officials expected to tell lawmakers it all came down to bad leadership. madigan joins us now, matt bad leadership so that they re blaming this on not on the regulators, but on the leaders of those banks involved. jim. well we can expect a lot of finger pointing today. some lawmakers they are blaming the ....

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CNN CNN Newsroom June 4, 2024 14:25:00

This economy, so it is certainly encouraging to see the fact that consumer confidence held up. despite this banking crisis, consumers kept the economy going in so many tough times. madigan thanks so much. well in the wake of the nashville shooting, and so many others can barely keep up. parents across the us have to speak to their kids about gun violence coming up next. the nashville nashville police chief shares the conversation he had with his own family about it. as the nation grapples once again with deadly gun violence. just three words tell you everything you need to know. tell you why we employ more thahan 2000 works at our factory in virginia beach , and why over 10,000 local steel dealers are putting battery power in the hands of americans. not everyone can say that. but we can made in ....

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CNN CNN Newsroom June 4, 2024 18:26:00

Officials from treasury, the federal reserve and the f d i c testified before the senate banking committee on what led to those failures and what the fallout means for the u. s financial system. this is a textbook case of bank mismanagement. the risk the bank face interest rate risk and liquidity risk. those are bread and butter banking issues. the firm was quite aware of those issues they had been told by regulators, investors we re talking about problems with interest rate and liquidity risk publicly, and they didn t take the action necessary. cnn s madigan is here with some of the key points discussed at this hearing today. you watched it all for us so that we didn t have to at home. matt talk to us about the finger pointing really by regulators. boris bianna. you know the blame game is in full effect here. nobody does it better than washington. um big debate. here is what s this just bad management. was it bad ....

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