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Transcripts For CNN At This Hour With Kate Bolduan 20240706



hello, everyone. collapse and recovery. the white house steps in after two banks collapse. at this hour, families are forced from their homes after a levee breaches and more rain on the way. and also, three women who have not been heard from in more than two weeks. and thank you for joining us, i m kate bolduan. the president is trying to reassure the american people and the financial markets to avoid a full blown financial crisis after the collapse of silicon valley bank. regulators are also abruptly shutting down a bank in new york, signature bank which is on the verge of collapse. that set off a fran ik 48 hours, and the president said this. look, the bottom line is this. americans can rest assured that the banking system is safe. the deposits are safe. much more to this. matt egan, what is next for the two banks? it is shock and awe response from washington, and officials are serious about putting this fire out before it spreads elsewhere. what are they doin ....

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Transcripts for CNN At This Hour With Kate Bolduan 20240604 15:07:00

I feel like that is a loaded statement as i just said, let s see what happens today. stephen call who is the manager of a food startup, and thank you for coming in. what do you make of what you heard from president biden this morning? first of all, thank you for having me on the show, kate. i am quite relieved from what i heard from president biden, and i am thankful that the administration took it on as it should be, the depositors of the bank should be made whole, and this a cornerstone that it should be safe, and the administration is going to step up to make sure that we can have access of the capital quickly. stepping back, when did you first become aware of the problems with svb? well, everything from ....

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