a rollback of regulations on banks. i will be joined by democratic congressman and former venture capitalist josh harder on the next steps to stabilize the banking industry this hour, former president trump taking the fight directly to ron desantis in iowa. ron de-sanctiuos. he is aisciple of paul ryan. he reminds me of mitt romney in california, 11 people were gunned down in january, president biden will announce stronger gun background checks i will talk to the congresswoman from that district, judy chu good day i m andrea mitchell in washington, d.c. the wall street journal is reporting that the justice department and the securities and exchange commission are investigating the collapse of silicon valley bank and stock seals sales by its executives before the bank went under. they are questioning whether regulators should seen troubled signs in new york signature bank they are scrambling to diffuse political fallout. inflation moderated slightly for the eighth mo
That they might be okay with nothing happening and sequester being triggered. Half is defense and half nondomestic discretionary spending. Can you explain to people what would be cut if the sequester goes into effect. Its a pleasure to be here. Its an important set of questions for americans. What we are talking about is whether half of these cuts are going to prevent our children from getting the supports they need to get educated in School Including children with disabilities. Whether we are going to be supporting the elderly to help with their heating bill or in the summertime, their air conditioning. Whether we provide homeless assistance for people who are homeless to get them back into permanent housing. We are talking about a series of programs that not only help our citizens get back to work. They are fundamental to ensuring families will just survive to the end of the paycheck. Practically speak the alternative if you look at what president obama laid out yesterday rveg yester
Say farewell to the old fiscal cliff and debt ceiling and get used to this word. Sequester. It hit in march if congress doesnt act. If you lost track of the debt ceiling and budget battles t came out of the debt limit deal. It was the white houses idea to hold washingtons feet to the fire. The cuts were never supposed to happen. The committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. We are faced with the looming cuts a few weeks away that boiled down to 85 billion that will be slashed by this fall if nothing happens. The focus has been on the cuts and the entire 1. 2 trillion will be a 5050 defense between defense and spending. To put us into perspective is the center for social inclusion. The sequester was designed to be something that would never happen. Prot expect would scare washington into coming out with something else. There sounds out of washington, particularly from republicans that they might be okay with no
member of congress, former congresswoman and leader of the woman s movement, in the 1970s and 80s, who many of us had gotten to know, pat schroder who died at the age of 82. she was the first woman to serve on the house armed services committee and became a thorn in the side of ronald reagan. when she arrived in congress, there were 14 women in the house. now there are 125. one male law malawmaker questioo she could be a wife, mother and member of congress at the same time she said i have a brain and a uterus and i use them both she never became a committee chair, in fact, the conservative democrat and chair of the armed services committee made schroder and congressman ron dellums, newly elected black congressman from california, share one seat on the committee schroder recalled him telling her, the two of you are only worth half the normal member, so they sat cheek to cheek one chair, each trying to maintain
their dignity. when they refused to let her travel with the congressional delegation overseas, saying i wouldn t send you to represent this committee at a dogfight, there she is with shirley chisholm, another trailblazer. she was the primary sponsor of the national child protection act of 1993, played a key role in passing the violence against women act in 1994, a strong advocate for the breast and cervical cancer mortality prevention act to help women get screenings she briefly explored running for president in 1987 but dropped out in a tearful farewell speech that led to a lot of ridicule from a lot of quarters pat schroder was a fearless advocate when it was tough for women in many sectors. her daughter says she died from complications of a stroke. and that does it for this edition of andrea mitchell reports. follow the show online, on facebook and twitter at mitchell reports. chris jansing reports starts right after this