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Transcripts For CNN CNN Newsroom Live 20240706



welcome to all of you watching us here in the united states, canada and around the world. i m kim brunhuber. ahead on cnn newsroom, 30 billion u.s. dollars, maybe enough to save a troubled bank. but, will ease investors fear of a global market meltdown? stats just ahead. plus, we ll see the moment a russian jet bust the u.s. drone seconds before a midair collection over the black sea. and, later, severe weather including a tornado moving across texas. we ll tell you where storms are headed, next. it is 2 am here on the u.s. east coast, where investors may be waking up in a few hours, wondering if another regional bank needs rescuing. the outlook is much better now for the first public bank after 11 major banks ascended a 30 billion dollar lifeline to keep it afloat. the banking turmoil sent stock prices on the, wild ride over the past week. most features are mixed. but basically flat. the need for a 53 billion dollar loan for has rattled international markets. but the ....

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Transcripts for CNN CNN Newsroom Live 20240604 06:03:00

Has rattled international markets. but the markets in asia are moving higher. u.s. treasury secretary, janet yellen, will return to capitol hill in the day ahead of trying to reassure lawmakers of the banking situation is under control. here she is. i can reassure the members of the committee that 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 are resolute commitment to ensure that our financial system remains strong and that the deposits remain safe. shares of first republic surged after news of the 30 billion dollar lifeline for big banks. cnn s royal solomon has more. two major developments thursday on the breaking front, helping calm the nerves of investors. 11 banks, now, stepping up to provide a financial lifeline to ....

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