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MSNBC American Voices With Alicia Menendez July 6, 2024

additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know we do have the statemen straight from we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public ....

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MSNBC American Voices With Alicia Menendez July 6, 2024

mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the bank if you talk to any members o congress, like our team on capitol hill, yesterday an today, the biggest thing the want is a sale of the bank and on the congressional side, the california delegation of republicans and democrat wrapped a briefing call this afternoon. they were briefed ahead of thi public statement they want both the engineering of a sale of the bank, and t raise the fdic limit ....

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BBCNEWS BBC News at One July 7, 2024

situation with no simple solutions, but we are going to do everything we canto but we are going to do everything we can to restore order and security to our borders can to restore order and security to our borders. we can to restore order and security to our borders our borders. we will be live in manston and our borders. we will be live in manston and westminster - our borders. we will be live in | manston and westminster with our borders. we will be live in - manston and westminster with the latest. also this lunchtime. more debate about a windfall tax, after the oil giant bp reports global profits of more than £7 billion in the three months to september. the former health secretary matt hancock has been suspended as a conservative mp, after revealing he s to appear on i m a celebrity.get me out of here!. it is that man again, chrisjordan! england s men s cricketers keep their world cup hopes alive, with a crucial victory against new zealand. and from the hand ....

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BBCNEWS BBC News At Five March 8, 2017

Were at westminster in our Budget Studio on the day chancellor Philip Hammond delivered his first budget. As the government prepares to start the process of leaving the eu within weeks the chancellor said the budget prepared britain for a brighter future. Borrowing forecasts have been revised downwards for the next few years. Theres more money for social care in england and a controversial move to raise National Insurance contributions for Self Employed workers. Labour accused the chancellor of producing a Budget Of Utter Complacency which ignored a crisis in Public Services. Well have details and reaction from westminster and beyond. But f ....

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MSNBC American Voices With Alicia Menendez June 4, 2024 04:31:00

well, i m glad that they re taking decisive action that will definitely calm th nerves of the depositors i m actually on the treasury briefing right now, but stepped away in order to d this interview and they did - assure us of the same things but the taxpayers weren t goin to be liable for this. there would be no penny of the taxpayers that will pay fo this and that all the depositor will be made whole for silicon bank it is shocking that this happened this is only the second larges bank failure in u.s. history after the one in 2008. but, i feel that the fdic an the department of treasury are doing a good job to ensure tha the positives will be made whole. we are of course, congressman, looking at th impacts of this nationally i want if you could talk u through our consumes for wha it could mean for california for your district specifically well, i m hoping that thi will not have a major impact ....

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