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CNN CNN Newsroom July 6, 2024

the top of the hour here on your friday morning. i m erica hill. i m jim sciutto. there are deep concerns as china s president xi jinping is preparing to meet with vladimir putin in moscow, and the summit is not a surprise, but washington is on edge to see if china makes any move in particular to provide weapons for the war in ukraine. and this st. patrick s day guest in washington, and it is ireland s prime minister. and also, the wild week on wall street comes to a close, and the major company that just filed for bankruptcy. we will get you caught up on that ahead, but we want to begin with the news with that meeting between xi jinping and vladimir putin. will ripley is joining us now with more on that and what is on the agenda for this face-to-face meeting? well, there is the official meeting, and also the agenda that the u.s. is concerned about which is lethal support from china to russia. vladimir putin needs chips can, ammo and all of the tools that he can ....

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CNN Inside Politics With John King July 6, 2024

struggling first republic, the hope is that this massive cash infusion will calm markets and stop a panicky selloff. plus trump special koubl takes sweeping steps to get questions answered. subpoenas for workers from trump s communication handlers to the staff member caught on video helping move boxes in ask out of a storage room. and next week china s president makes a state visit to russia. the trip has consequences for ukraine s war of survival, and it happens the day the hague issues an arrest warrant for the russian president. up first, another bank saved from ruin. 11 banks, $30 billion, that s how much money is and how many lenders it took to save first republic from going the way of silicon valley bank. $5 billion from bank of america, wells fargo, jpmorgan and citi, $2.5 million from goldman sachs. this deal from the mega banks included behind the scenes talks between the treasury secretary, the fed chair and the jpmorgan chase chief. the goal, the rescue ....

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MSNBC Morning Joe July 6, 2024

it s big men good if it goes. fuhrman has won. one-possession game arizona needs three to send this thing to overtime. get a quick two if you can. 15 seconds left that s not it. air ball. that s not it. trying to keep it alive shot is no good. arizona with a shot that will not go the tigers of princeton growl their way into round two how many of you had number 15 princeton over second seeded arizona? number 13 fuhrman knocking off uva? jonathan lemire, unfortunately for me, i had the whole thing, the final four wrapping up with uca beating arizona. how am i doing how am i doing do i have a chance actually, i talked to some people that had uva and arizona in the final four. ouch, that hurts that bracket is officially busted, anyone who had that. president biden picked arizona to win the whole thing they were a popular choice this is why march madness is so great, joe you know, college basketball, maybe during the regular season matters less on the spo ....

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CNN At This Hour With Kate Bolduan July 6, 2024

congress and trying to restore confidence. and cut ties with china or be banned. that is what we are watching this hour. thank you for being here. i m kate bolduan, and first to capitol hill where secretary treasury janet yellen is trying to assure the american people and the senate that the monetary system is sound. and they may get to the president s budget, but in light of that, her appearance there is taking on new appearance, because she is the first biden administration official to appear before the senate, and this is after the global financial markets have been rattled by another problem. credit suisse has been propped up by over $54 million from the swiss bank. this a look at where it is standing right now as christine romans is watching all of this for us. first, christine, start with janet yellen who is testifying now. she is speaking to congress, but speaking directly to the american people telling them that your money is safe here, and we have taken ste ....

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CNN CNN Newsroom July 6, 2024

we begin with a wide-ranging attempt to restore americans confidence in the u.s. economy, after weeks of troubling financial indicators. treasury secretary janet yellen spoke under oath today to answer questions about the controversial actions she and the federal government took to rescue silicon valley bank. our banking system is sound and that americans can feel confident that their deposits will be there when they need them. this week s actions demonstrate our resolute commit to ensure that our financial system remains strong. yellen also said that no taxpayer money is being used to reimburse those depositors. more on her testimony in just a moment. but first, let s check object markets right now. stocks are surging on word that major banks are in talks to rescue ailing first republic bank. cnn s matt egan is here with us. so talk about this potential rescue of first republic bank. yeah, bianna and victor, over the weekend, we had this government-led rescue. ....

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