that s a saving grace for customers of silicon valley bank as much as $220 billion in assets were uninsured. it s a move to prevent a run on additional banks and makes it so the tech companies that banked with svb can make payroll. at least 29 were impacted including big names like pinterest, fit bit, zip recruiter who name a few. separately the same has been done for new york signature bank shut down over the weekend. treasury secretary janet yellen says this action does not equal bailing out the banks. during the financial crisis, there were investors and owners of systemic large banks that were bailed out and we re certainly not looking into the reforms that have been put in place means that we re not going to do that again. but, we are concerned about depositors and are focused on trying to meet their needs. ceo of pershing square bill ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite
United auto workers for the first time in history are striking against the bigthree u. S. Automakers all at once. Economist forecast strike if it continues could end up costing the National Economy 5 billion by months end. This at a time when 70 of americans polled they feel the economy right now is getting worse. This is a quote, real time test, bidens economic agenda says New York Times called for higher wages for the middle class, apologetic pro union stand, Push For Electric Vehicles centered in michigan, a state he must win in 2024 to remain in the oval office. Davin mc bowl, now with ed lawrence, i believe there you are, north lawn of the white house. Jillian, yeah, so far President Joe Biden sitting on the sidelines, he told the American People that the Auto Companies need to pony up. Record corporate profits which they have should be shared by Record Contracts for the uaw. And just as we are building an economy for the future we need labor agreements for the future. Its my hope
ache man says he agrees it s not a bailout. a term come to be used he said this on twitter, quote: more banks will likely fail despite the intervention but we now have a clear road map how the management will manage them. bank boards and manages have received a massive wake-up call. u.s. regulators looking for a buyer for svb. it s announced this morning that british arm has been purchased by hs bc for a pound or a little more than a dollar. unlike the great financial crisis, stock and bond investors may not been protected by this move. nonor has taxpayer money been inject ghood this, guys? brian: right. i guess they had a rainy day fund. alexandria, very usual to see ur the president speak monday morning. expected to have a meet and greet when he was walking to the helicopter this afternoon. yeah, is he going to address the american public. they want to restore confidence. they don t want anybody worrying
dream hasn t been available for everyone. there s no reason why an african-american woman is four times more likely to die in childbirth than nonor in month why an american indian has on average a life span 20 years less than a non-native. in each of these areas we ll come in and say i need to learn, but i ve been successful i think in both listening and trying to bring everybody up and recognizing there are different challenges in different communities and i think now right now better than perhaps ever before not only does ot democratic party recognize that but the country recognizes it. tell me about your evolution on guns. you have changed your mind over time both about whether or not certain assault rifles should be banned and also on universal background collection. which surprised me. a few years ago you were not in favor of universal background
i think david s viewpoint is his great experience, great expertise and his commitment to do what he thinks best for this country, his country. there s so few people that are considered nonor bipartisan, i think it s pretty fair to say david petraeus is one of those few people these days. he s a professional. senator, let me ask you, should the bar be no military assistance, no military help from the united states until maliki goes? no. i think what the pressure has to be, and it has to be relentless and not just the united states but the world community, maliki has to reform and become an effective leader. if not, then we have to, i think, not we really, but the iraqi people have to ask themselves will they continue to tie their faith to this one individual. but i think at some times maliki has surprised us. in 2008 he took decisive action against the shia militia in basra, even before we were ready to move. he has to understand that not