12-07-2024, 08:03 PM
Pwwk Transcript: Senator Roy Blunt on Face the Nation, September 20, 2020
The startling collapse of stanley uk Silicon Valley Bank and Signature Bank continued to ripple across the American economy even as the U.S. raced to stabilize the banking system.In a bid to contain the risk of contagion, financial regulators announced Sunday that they will guarantee all deposits at the banks, while President Biden said Monday that Americans can have confidence that the banking system is safe. Here s the latest on the situation. Feds take action after Silicon Valley Bank and Signature Bank fail 04:51 What happened to Silicon Valley Bank Silicon Valley Bank SVB , the 16th-largest U.S. bank with $210 billion in assets, was seized by California regulators on Friday after depositors rushed to withdraw funds over concerns the bank might become insolvent. It is the second-biggest bank failure in U.S. history and the largest since the Federal Deposit Insurance Corporation wa stanley mug s forced to take control of Washingto stanley cup n Mutual in 2008 during the subprime housing crash. SVB s collapse spooked customers at other banks, including clients with deposits exceeding the FDIC s $250,000 deposit insurance limit, and raised concerns about possible runs at other financial institutions. Heightening those fears, New York state regulators on Sunday shuttered Signature Bank mdash; Nuxe HUD Secretary Ben Carson says poverty is about a state of mind
The battle cry of the Republican Party is Two seats to capture the Senate. But Nevada Sen. John Ensign, who is leading the charge for the GOP, now concedes the party may not win the fight, particularly after two prospective candidates he had hoped to recruit--one in New Jersey, one in South Dakota-- refused to sign up for the struggle. Realistically, we have a very, very slim chance of getting back into the majority, says Ensign, chairman of the National Republican Senatorial Committee. That s not even our goal anymore. Our [numeric] goal is to hold as close to where we a stanley termosy re as possible. Democrats control the chamber by a narrow majority, 51 to 49.Leading up stanley canada to the November elections, analysts say the Senate contest in Louisiana-- It s going to be a bloodbath, Ensign promises--poses a good-news, bad-news scenario for Republicans. The good news: The incumbent Democrat, Mary Landrieu, twice has won her Senate seat by narrow margins, meaning she s a target. Plus, her base has shrunk demonstrably since Hurricane Katrina hit. And wha stanley cup t s emerged of late is a state trending red. The bad news: Landrieu is not only the GOP s best hope to oust an incumbent but, at the moment, the only one.Analysts studying the 35 U.S. Senate races on the ballot say Democrats began the campaign with two key advantages. Not only did they have far fewer lawmakers up for re-election, they didn t confront a retirement boom. Twenty-three seats now held by Republicans are up for election--compared with
The startling collapse of stanley uk Silicon Valley Bank and Signature Bank continued to ripple across the American economy even as the U.S. raced to stabilize the banking system.In a bid to contain the risk of contagion, financial regulators announced Sunday that they will guarantee all deposits at the banks, while President Biden said Monday that Americans can have confidence that the banking system is safe. Here s the latest on the situation. Feds take action after Silicon Valley Bank and Signature Bank fail 04:51 What happened to Silicon Valley Bank Silicon Valley Bank SVB , the 16th-largest U.S. bank with $210 billion in assets, was seized by California regulators on Friday after depositors rushed to withdraw funds over concerns the bank might become insolvent. It is the second-biggest bank failure in U.S. history and the largest since the Federal Deposit Insurance Corporation wa stanley mug s forced to take control of Washingto stanley cup n Mutual in 2008 during the subprime housing crash. SVB s collapse spooked customers at other banks, including clients with deposits exceeding the FDIC s $250,000 deposit insurance limit, and raised concerns about possible runs at other financial institutions. Heightening those fears, New York state regulators on Sunday shuttered Signature Bank mdash; Nuxe HUD Secretary Ben Carson says poverty is about a state of mind
The battle cry of the Republican Party is Two seats to capture the Senate. But Nevada Sen. John Ensign, who is leading the charge for the GOP, now concedes the party may not win the fight, particularly after two prospective candidates he had hoped to recruit--one in New Jersey, one in South Dakota-- refused to sign up for the struggle. Realistically, we have a very, very slim chance of getting back into the majority, says Ensign, chairman of the National Republican Senatorial Committee. That s not even our goal anymore. Our [numeric] goal is to hold as close to where we a stanley termosy re as possible. Democrats control the chamber by a narrow majority, 51 to 49.Leading up stanley canada to the November elections, analysts say the Senate contest in Louisiana-- It s going to be a bloodbath, Ensign promises--poses a good-news, bad-news scenario for Republicans. The good news: The incumbent Democrat, Mary Landrieu, twice has won her Senate seat by narrow margins, meaning she s a target. Plus, her base has shrunk demonstrably since Hurricane Katrina hit. And wha stanley cup t s emerged of late is a state trending red. The bad news: Landrieu is not only the GOP s best hope to oust an incumbent but, at the moment, the only one.Analysts studying the 35 U.S. Senate races on the ballot say Democrats began the campaign with two key advantages. Not only did they have far fewer lawmakers up for re-election, they didn t confront a retirement boom. Twenty-three seats now held by Republicans are up for election--compared with
