This week saw the second biggest bank failure in American history. Silicon Valley Bank, an institution that serves much of the American tech industry, collapsed and was taken over by federal government regulators – all in the span of about 48 hours. Sheila Bair, FDIC Chair during the 2008 crisis, joins Ali Velshi to explain why this shocking closure likely isn’t something that will result in a widespread problem. “The FDIC has a perfect record” when it comes to returning funds to the insured, says Bair. “I don’t see a widespread problem at this point – I hope not.”
Newt’s guest is David Trulio, President and CEO of the Ronald Reagan Presidential Foundation and Institute. They discuss the 35th anniversary of the fall of…
Tomorrow the House Ethic Committee is expected to discuss the fate of its report on Matt Gaetz, President-elect Trump’s choice for attorney general. The former Florida…