with the proliferation of the credit unions it appears to me the credit unions do not have this problem that we have with banking even in the crisis of 2008 there seem to be very few credit unions that had to be bailed out or rescued. i was just wondering what are they doing that makes them a asuch a good financial institution as compared to banking? >> guest: i could go on for days about that particular question. several things that i would note here, first, very different in terms of the level of regulation and how troubled credit unions might be treated versus other inbanks. i would also point out and note as you look at the difference between the credit union and the recommunity bank, the credit unions don't pay any income tax. so they also aren't nearly as engaged in the small business structure, so it's really quite a different comparison as we look at the two different types of institutions. >> host: let's talk to chris nexten in tennessee, republican. >> caller: i worked for a captive finance company or i did until i retired last year. i'm curious, we had a problems in thee late

community banks and credit unions should be regulated the same way. you have to really look at this for they should be regulated ths same way with proviso for safety as in the past. whether they are vibrant and strong. they should not be regulated the same way as the large complex i financial institutions. and that is what happened and there being put out of business one by one. and they were not lending. since its passage in 2010 dodd frank has dealt a huge blow to community banking. as a candidate i pledge we wouldn't rescue these community banks from dodd frank, the disaster of dodd frank and now we are keeping that commitment and all the people with me are keeping that commitment. >> that's president trump from 2018 directing comments of the committee banks and credit unions your thoughts on that? >> as a whole bunch of things on back there. part of what we need to unpacked is community banks were under pressure. but not just because of dodd frank. there are a lot of great things the community can do relative to bigger banks. it was not dodd frank

those rules just don't work and community banks d credit unions should be regulated the same way. you have to really look at the -- they should be regulated the same way, withroviso for safetys in the past wh they were vibrant and strong. they should no be regulated th same way as the large, complex finaial institutions. that is what happened. they were being put out of business one by one. they were not lending. since its passage in 2010, dodd frank has dealt a huge blow to community banking. as candidate i pledged we would rescue these community banks fromodd frank, the disaer of dodd frank. now we are keeping that commitment and all the people with me are keeping that commitment. host: again, more of that available to see what took place in 2018, which many have mentioned in the last few days when it comes to regulatory efforts. the president yesterday calling on congress to put in place regulations to prevent what happened at svb and signature bank toccur again. if you think more regulati is needed to protect consumers. independent line from long island new york, good morning.

don't care what bank as long as they are in the fdic or invoice cua insurance credit union they havenybody has hoft money in who is the him knits the bank and credit union in the history of it so your job everybody watching right now, you have to know do you have insurance on your money, meaning are you within the him it? if have you check it? >> him sit $250,000, but you could get it up to $1.2 million person account. the insurance is one account and you're the insured on it. now you have one beneficiary, you have two beneficiaries, can you have up to five beneficiaries in case you die. you have 5 beneficiaries that's $1.5 million of fdic insurance. it could be on a single account. it could be on a joint account, i.r.a. account action trust account and you can have all those accounts at one bank. so there are ways for you to have a lot of insurance. you just have to understand how it is works. >> a week after the silicon valley banks suddenly collapsed we are seeing a lot of volatility in the stock market. so what should we take away from that? >> you should take away that nobody ou

this mess with svb when -- >> one-size-fits-alle rules just do not work and community banks and credit unions should be regulated the same way. they should be regulatedhe same way with safety is in the past when they were vibrant and strong, but they should not be regulated the same way as the large, complex natural institutions. that is what happened. date were being put out of business and they are not lending.

you have the mcua for credit unions and you have treasury bills and treasury notes and treasury bonds backed by the authority of the united states' government and you can have treasury money markets and things like that, but you want to know that whatever you're invested in, erin is really insured or backed by something that has nothing to do with speculation. >> so do you think small, regional banks are safe right now, suze? >> i think some are. i think it's really a shame. they say this thing like first republic of regional bank. they're san francisco, new york, they're all over and if you have your money anywhere, i don't care where you have it or the nca for credit union limits, you have nothing to worry about, in my opinion, because it's there for you, and i can't imagine that it wouldn't be and it was far, far more worse than this because that was a crisis where you didn't know how to value anything. at least people know what's happening right now. on my podcast on sunday i had sheila baer the former chairman of the fdic who had to go through 400-some-odd failures of banks. so i

i have a quick question, with the proliferation of credit unions, it appears to me credit unions do note the problem that we have with banking. even back in the crisis of 2008, there seemed to be few credit unions that had to be bailed out or rescued. i'm just wondering what are they doing that makes them such a good financial institution. thank you. guest: i could go on for days on that particular question and several things that i would note here. first off, very different in terms of the level of regulation and how troubled credit unions might be treated versus other banks. i would also point out and note that if you look at what is the difference between a credit union and community bank, the credit unions do not pay any income tax. they also are not nearly as engaged in the small business structure so it is quite a different comparison if we look at the two different types of institutions. host: let's talk to chris next in tennessee, republican. caller: i worked for a captive finance company or did until i retired last year, and i am curious -- we had problems in the late 1980's wi

, does it carry credit union insurance?h need to be determined. if you have that coverage and accounts are below $250,000, please don't do a thg.thju stk thinorou more in eir accounts. for everyone else, whether that's u anvi, your company, your nonprofit, i think this incident that we have seen over the last couple days shows you that you have to be very careful about your cash management. you probably should be banking with a couple different institutions. you may need to be buying treasuries instead of going into a bank depository situation. >> a lot of good advice as a lot of us are rethinking how we are banking at this moment. thank you so much. see jill regularly on cbs mornings and cbs evening news with norah o'donnell. go to jillonmoney.com. >>> president biden heads to monterey park today to discuss efforts to reduce gun violence. thatwhere 11 died when a gunman opened fire at a lunar new year's celebration even though congress just passed major legislation torr the first time in 30 years. there have been more than

credit unions, community banks.ntactless options like your smartphones mobile wallet to get you by until your card arrives. reggie: you can soon return something you got a without leaving your car. the new drive up return service will be available in select stores starting this spring and all stores by summer. the company is trying to make shopping more convenient and expects the option will bring in more customers. the drive up return service will be similar to the current drive up and pick up option through the mobile app. general motors is laying off roughly 500 executive level and salary jobs. it is unclear how may jobs are affected in the u.s., it is the latest in a string of layoffs in the auto industry is lawmakers transition to produce more electric vehicles. a live look at the new york stock exchange as trading gets underway, we are up just slightly about 26 points. >> people are scattered. like stars in a galaxy. jobina: the mandalorian is back for season three, the third installment of the series features

credit union store dealer cargile it's, it's showing that i'm going to pick you up in the command to retrieve your ensure your account wyatt or my child on my list. you know, i'm for todd c. no with it is having his 1st fishing. it's his 1st attempt at using his new with the ah and you've been with ah ah ah ah ah ah. that already waiting for vitality of the prom civic center. he's been warned that he'll stay in tennis for at least 2 weeks. with helium, steve, let me use a 4th.

i spent that weekend on the phone with ohio small businesses and banks and credit unions. while small business owners simply wanted to make payroll. they did not want to see years of hard work go down the drain because of venture capitalists panicking on twitter 2000 miles away. one woman told me she was terrified she would not be able to pay her workers next week and i heard that story over and over. ohio banks and credit union institutions -- institutions that are sound and well capitalized -- did not want to see deposits flee their institutions for the biggest wall street banks. for anyone who lived through the global financial crisis, it's impossible not to think of 2008. once again, small businesses and workers feared they would pay the price for others bad decisions. we're left with many questions and justified anger toward banking executives and boards towards venture capitalist, towards federal state bank regulators, towards policy makers. the scene of the crime does not start with the regulators before us. instead, we must look inside the bank at the bank ceos, at

i think there are a lot of credit unions and small community banks that simply do what these -- what silicon valley bank wasn't willing to do, which is the smaller banks, credit unions focus on finance fundamentals, on remembering thing like interest rates go up and down rather on that night bottom line and being pressured by shareholders. so i don't necessarily think the solution is to move your money to those four or any other place, but i will say, the bigger a bank gets the, more systemic effect it has. i think what happened is we were so focused on the too big to fail that i think a lot of us were saying, yes, but bank number 11, bank number 30, bank number 75, if you're a depositor, it's too big to fail in your life in, your business, and i think that's what we saw this weekend. >> that's right. are we at a point though now as a country -- i say this with the caveat most people don't have $250,000 in savings. if the fdic limit is there, they will be fine. but banks are making payroll for small companies, so therefore having the deposit base safe matters and matters significantl

so credit unions are viable outside the system of the things that has happened and since the financial crisis of 2008, which was there was an ability at the time of of congress to decide to separate the more risky activities banks were engaged in that actually caused the financial and the sort of consumer union type ones lending and receive ing and, you know, receiving money and lending out money and paying and receiving sort of normal amounts of interest on both sides that and congress didn't decide to go that route. instead, in 2010, congress passed act and it was signed called the dodd-frank act. and what that did was it kind banned banks from doing a few things around the edges but it didn't fundamentally their structure and as a result have a situation today where the biggest are able to extract now a of interest which is why they're staying profitable they just all have their their earnings come out this week. why they're remaining profitable is they're extracting more money from their sort base. consumers like everyday people, everyone in here and they're not giving enough of th

>> you know, i know more about probably credit unions than banks, that's the kind of people i come fromlocal bank is similar as far as industry goes. local credit unions and banks will be the only ones that will loan to the a certain farmer or a certain small business other than. and that's what's -- business owner. wells fargo pulled out of the mortgage industry at the end of last year because of where rates were. it's hard to separate what the biden administration's done with our economy -- now, absolutely, this bank made bad decisions, but they bought long-term securities, and they had to sell them for a loss. they didn't have the assets to give people their money. why did those rates go up? they went up for a lot of reasons, one of them being we tried to patchwork an economy together during a covid shutdown that should have never happened. that's not to bring in covid, but it's to say the administration has had their finger on this ask seen -- and seen this coming. these problems can arise and and a bank like this was, obviously, more vulnerable to the it than most. >> raymond, take

what is, what is the credit union? but it's between us. we'll just put it, put a lot of causality. review it by both. we move to limit, but he's williams. what i mean? yeah. let's go from ukraine. did this themselves. here's the evidence. but the way it translates in media is okay. it doesn't look like russia did. mm. so the demonstration against the russian world in the western propaganda is a very terrible thing. it's a very frightful thing. when i came here 1st army at the beginning of 15th, and i saw these beautiful people, millions of them, and i understood the manually to both belie i wish it sure. ah ah with ah ah ah, this is the ancient lake by called more specifically, the island of fallen, also known as the heart of by called, straight away you can feel something mystical tear a place of youth. traditions, an amazing mix of cultures and peoples. but what makes this place so appealing, we're going to speak to some of the most prominent locals of all horn and uncover some of the secrets ah, so no need for one thought. i took the char larosa i spoke to one who thought logwoo

which is the smaller banks credit unions, they focus on the finance fundamentals on remembering thingsterest rates go up and down. rather than on the bottom line. and being pressured by shareholders. i don't necessarily think the solution is to move your money to those four or to any other place. but i will say the bigger a bank, gets the more systematic affected has. i think what happen is we're so focused on the too big to fail not a lot of us were saying, yes, big number 11. big number 30. bank number 75. if you're a deposit or. it's too big to fail in your life. in your business. and that's what we saw this weekend. >> are we had a point now as a country, and i say this with a caveat, obviously most people don't have $200,000 in savings. if the fdic limits, they're the government observes, they'll be fine. but the bank and banks to make our poll role for small and local companies. there are four having the deposit pc matters, and a matter significantly. it appeared from president biden said today, congresswoman, he said you're deposits are safe. did you read that as a blanket that

your mcclintic, the lin grabowski schools, can of girls kawloski no credit union, you are will see the register east of what you me that national give you the which to see me. no one of service to grab them. he's got to reduce class me on the, for the building unit to senior contribute. when you show me, even though when i got to renewable, if you can, when use dominion, could you stimulate abilities? them you got to read it when you start and explain your pretty muscle, which is to be it's rudy. acumen be was sick even silly me on your progress. at the start of 1943, 7 latvian police battalions took part in the winter resolve the whole winter magic punitive operation in ben unless they burned and plundered a $158.00 settlements killed and 3 and a half 1000 civilians. 2000 ben russians were taken by the net pianists as for hardy, laid them in germany. more than a 1000 children were sent to the sellers bills desk. and in addition to mil rules, lamphier says police battalions carried out punitive operations in russia, ukraine, and poland. such operations can never be called a struggle fo

abilene, i and i was calling to wish if michelle is li alicia a not not register for concerning a credit union for stopped by the mashing lucius i usually don't just see. so i usually kick up the apple valley yet on the model for the study. my attention. when you all the materials for bloom, they're chatted with the phone. you send me some last mom. well, daddy stalled loudly. she'll miss use you sure which you by by losing and they're probably a mom, but she was just when you go to a concrete miss chrissy would shift but almost a year to do too much in my go right. each up struck you option you document that i was always great to a which obviously you're actually using with your with just might be selecting you up with nothing stopping here like 230. what would a me got our act in oxley? did you 30 p by phoebe a lot of will she? i'm hoping to premier for a washer commission chem, but emo chastity of human. you right here? yes, christian sky. right huh. he said, yeah, so a circle with a team with i'll let you with today a copy of the famous prisoners of fascism photographed me found in most we

were shown the door and the federal reserve, for the moment, put inlace programs for banks or credit unions to me their depositors' withdraws collapse. both hig risk and i will say coastal banks where all of our major financial services started during my term, which is long. we are dealing with a troubling trend of massive bank consolidation that's been happening since the 1980's. the pandemic pushed even more consolidation into overdrive. another 9% of all branch locations in the u.s. closed between 2017 and 2021. a loss of 7,500 more brick and mortar locations in places where the american people live and work. the empty buildings pockmark every community across our country. the bank closure rate doubled again during the pandemic and more than 4,000 banks closed in 2020. people, pay attention. the banks are going to the very institutions causing the problem. the rate doubled of bank closures from 99 per month during the 10 years prior to the pandemic and now to 201 de losings -- closings per month. the big fish are eating the smaller fish. those who fought against the megabank culture need

be to use, you can give me a national, put a secret must so as a creature agree is up with no credit union, and you can use not a good idea of what you're doing on the get the money and the reason he was or tried to go if she needs to do you thought it be. so check with her. so you push, push, go, cuz i'd be on north a bit of or g o a he scheduled late, but it's telling yes. produced you? god does produce b, my, it's a gold cook near that thy, cham, yeah. these use blogger. if you hold a cham satiate me, put them all to put up with dish media brussel, meaning it order new piece of gum austin. b as you're by james on at me. jones. but also mobile. choose you the door to watching. press the up to be a p, a. t h 2 h skis, the rest you got dora beach and it's an at least um no, gam, bicycle it's, that's latest. ah, she, early she, j o e g beautician says him or duran cherokee summers and exhibit to pre danger more to run or push on crow. mr. should have if you wouldn't run it, she should have done that. i went up to you still saying he's part of hunky was lisa bernstein in that area. one for w

sales because i use of the you know, the little graphics cost and i've got several, i sees no credit union do i see the stuff the start but you meet nothing and in order to come in on the status to go out and he's got to do it last middle and put a 1000000 even in the senior review and you feel, you know, look at the renewable. if you can use dominion, can we use them? utilities, demi country stores and accept pretty muscle vicious. 3 d, a cookie was sick and silly me on your property. at the start of $194037.00 latvian battalions took part in the winter, resolved all winter magic punitive operation and venomous. they burned and plundered a $158.00 settlements, killed and burned 3 and a half 1000 civilians. 2000 bon russians were taken by the net b as for hard neighbour in germany. more than a 1000 children was sent to the cellar bill's death again. in addition to mil rules, lamphier says police battalions carried out punitive operations in russia, ukraine, and poland. such operations can never be called a struggle for an independent latvia. that much is obvious to even a casual observer.

you can think of it he made a national put a secret must so as a creature agree does up with no credit union and you can use in a cigarette earlier. so i order underneath, danny, and there's 2 research i typically go at unique to, to you through to me. so check with dish play, scope, piano for bid with the schedule late, but it's telling yes produced you. god does produce b my, it's a gold cook near that thy chimney. the jewish blue her either holds it sham, so she a plea, but gumble. so diffusion are both dish meo, presell, meaning it order new beef optimal still, b, as you know by james on that me you as a but also my will choose you the door to watching, press the up to be a p, a, t h o h skis, the rest daughter beach, that's an elizabeth. no go by satellite, so that's latest. ah too early she j o e g b kitchen says him or doran yaki somers and exhibit to pre ginger mer to run or push on crow. mr. shadow, if you wouldn't run it, she should have done that. i went up to you still say i could put a hooky was a lisa bernstein in that head of one car, which is actually kid. well, because our c

says, cause i use of the will give you warm up in grad school. scorpion of girls, kawloski no credit union, you are received, oregon, still east, or would you meet that national? give you the words to me, media one of say, whiskey, grafton, he's got the review classmate on the for the believe mutilated selena through blue . and she'll need to know when i got the renewable. if you can, when use dominion could use them. utilities them, you got to read it when you store and explain your pretty possibly just to be a g. a b was sick even silly me on your progress. at the start of 1943, 7 latvian battalions took part in the winter resolve all winter magic punitive operation and venomous. they burned and plundered a $158.00 settlements killed and 3 and a half 1000 civilians. 2000 been russians were taken by the net b, n. s. s for hard labor in germany. more than a 1000 children were sent to the sellers bills death. again, in addition to mil rules, lamphier says police battalions carried out punitive operations in russia, ukraine, and poland. such operations can never be called a struggle for an i

legislation i am signing today walls back the regulations that are crushing community banks and credit unions nationwide. they were in such progm -- trouble. one side fits all. they don't work and the bank should be regulated in t same way and you have to look at this. they should be regulated the same way with proviso for safety as in the past. they shouldn't be regulated the same way as a large complex financial institution. that is what happened. they were put out of business and they were not lending. since its passage in 2010, d frank has made a huge blow in community banking. i place we should rescue these community banks from dot frank, and we are all committee -- all keeping that commitment. host:hat isresident trump from 2018 directing comments to community banks. guest: there is a lotf things to unpack. community banks were unr presre butot jusbecause of do frank. there is a lot of great things in the community that they can do b there is disadvantage relative to figure banks. -- bigger banks. it wasn't dot frank threatening communy banks. the other part that president trump was say

i see no credit union, you are able to reduce you still east all what you me that nothing a give you the what does she mean? you're one of service to grant them. he's got the review classmate on the for the believe mutilated senior contribute and you shouldn't even know when i got to renewable. if you can, when use dominion, could use them, you could delete that, he's them, you got to read it when you store an exceptionally new pretty possibly just to be a g. a card can be, was sick human sitting me on your progress. at the start of 1943, 7 latvian battalions took part in the winter's elbow, winter magic punitive operation. indiana was they burned and plundered a 158 settlements. killed and burned 3 and a half 1000 civilians. 2000 bon russians were taken by the net b. as for hardy, neither in germany. more than a 1000 children was sent to the sellers. bill's death again. in addition to mil rules, lab fiennes as police battalions carried out punitive operations in russia, ukraine, and poland. such operations can never be called a struggle for an independent latvia. that much is obviou

be to do if you could give me a national party a secret must so as a creature agree up with no credit union. and you can use not a good idea. i saw your order on the get the money and the reason he was or tried to go if she needs to do you thought it be. so check with dish play sco piano for billboards a fee schedule late but its telling yes. produced you, god does produce b my, it's a gold cook near that thy, cham yeah. the jewish blocker you hold the chips. i see if we put them all to put up with dish menia brussel. meaning it order new beef up almost b as you're by james. on at me, jones, but also mobile, choose you the door to watching. press the up to be a p a. t h o h skis the rest you got dora beach that's at least um no, gam, by satellite. so that's latest. ah too early she j o e g b kish. her says him or doran cherokee. some was an exhibit to prevention were to run or push on crow mr. should have if you wouldn't run mission of them, are you still saying he's got a hunky was a lisa bernstein in that's in one corner which is actually camera. okay. so she's in. yeah. probably will she

ah, it's a creek villas up at no credit union and you can use cigarette audio, soil okla, keep danny. and then just curious, i tried to go at unique to that you thought it be. so check with the so you push push scope because i'd be on the builder. g. a east casually. but it's darlene yes. produced you. god does produce b my, it's a good cook a can yet that, that chimney these of your school, her jose cham sissy. if you put them all. so to put up with the media brussel, meaning it or do a new piece of damage to the, as you know by james, owner, me, jones. but also my will choose it order to produce watching, press the up to be at the a t h 2 h skis, the rest you got dora beach that's at least um, no gun by the ugly address. ah see she j o e g b kitchen says im or dirani cherokee summers an exhibit to prevent from or to run or push on crow. mr. should have if you wouldn't already she should have them as i went up here. so say i could put a hooky was lisa bernstein in that's in one corner which is actually camera. okay. so she's in, yeah. probably will she going to run your daughter? you

credit unions typically will pay a little bit more.ey're more local, and they're also backed by the n c u a. just like f d i c. it's an insurance that insures up to $250,000. that's for your liquid money. those are the things you need to do. yeah what if you're putting money in savings and talk to me a little bit more about shopping around for the highest interest rate because for years there was there just wasn't any yield on and cash that wasn't any yield on savings for the first time in a in a long time, people could actually make money with their money. true if you if you have, maybe more closer to a year, you could look to some cds. you can look to some federal or treasury money market mutual funds, and those are backed by securities that are issued by the government. and those yields now are between 4 to 5% and some cds are paying a little more than 5. if you stay on the short term so that's the first place you need to go. if you have a concern about your money in the bank, you can look at some federal or treasury money market mu

i must so as a creature ah, it's a cree up at no credit union. and you can use a good idea of what your order and the get the money and those $2.00 periods are tied to weekly dollar. she needs to to you thought it be still a checklist. so your dish play scope, cuz i'd be, i know for a better job at the east casually, but it's telling yes produced you. god does produce b my, it's a gold cook near that chimney. these of your school for jose, cham says he, if you put them all, so the clothes are about the media brussel, meaning it order to beef up almost the as you know by james on that me jones. but also my location, the door to watching, press the up to be at the a t h 2 h skis, the rest you got dora beach that's at least um no gun by the ugly as ice. ah she early she j o e g b kitchen says im or darren cherokee summers an exhibit to prevent from or to run or push on crow miss you should have if you were to do it, she should have them as i went up years also have keys for who was a lisa bernstein in. that's it. i have one for which is actually cab

i see no credit union. you are able to reduce yourself east of what you me that nothing a give you the what's to see me, no one of service to grab them. he's got to reduce class middle enough with the believe mutilated. celia could have been when you've shown, even though when i got to renewable, if you can, when use dominion, could use them, you could delete that, he's them, you got to go, but it wouldn't store and explain. you pretty possibly just to be a g, a cookie, maybe was sick human sitting me on your progress. at the start of 1943, 7 latvian nice battalions took part in the winter resolve all winter magic punitive operation and venomous. they burned and plundered a $158.00 settlements, killed and burned 3 and a half 1000 civilians. 2000 bon russians were taken by the nap units, as for hardly either in germany. more than a 1000 children was sent to the cellar bill's death again. in addition to mil rules, lamphier says police battalions carried out punitive operations in russia, ukraine, and poland.

ah, it's a creek villas up at no credit union and you can use not a good idea. so your order for the gate, danny, and those 2 periods are tried to go if she needs to to you thought it be still a checklist. so you push push scope because let me know for a bit of a east casually. it's darlene yes. produced you, god does produce b my, it's a gold cook near that, that chimney these of your school for either jose chips, i see a plea, but gumble, so to close it up with dish meo brussel, meaning it order new piece of almost b as you know by james on that me you as a but also my will choose you. the dollar to penny watching. press the up to be at the a. t h 2 h skis, the rest you that dora beach that's at least um no. gam, basically, it's as ice. ah she she, j o v g beautician says him or doran yaki somers and exhibit to breathe danger more to run or push on crow miss. you should have, if you wouldn't, rody, she shut them though, and are you still saying he's put a hockey? was a visa barnes in that's in one corner which is actually camera. okay. so she's in. yeah. proba

national with g o d, the key to act sick of must so as a creature, ah, it's a creek villas up at no credit union and you can use cigarette earlier. so i ordered underneath tiny, and those 2 periods are generally go at unique good. it used to be so check with me. so you push push scope because i'd be on know for a bit already done it the east casually, but it's telling yes. produced you god does produce b my it's a duca. can yet that, that you mean? yeah. the video school for the whole, the chip ccf hipa gumble. so to put up with dish media puzzle, meaning it or blue beef optimal still the, as you know by james on of me, you as a but also my will choose it or to produce watching, press the up to be a p, a t h o h skis, the rest you got dora beach that's at least um no gam, by the ugly, it's as ice. ah she she, j o e g. b kitchen says him, or doran yaki some was an exhibit to prudential mer to run or put on crow. mr. should have, if you wouldn't really, she mission of them is that i wanna hear still say i can put a hooky was a lisa bernstein in. that's head of one car, which is actually kid. well,

use you can think of it, he made national, put a secret must so as a creature agree is up at no credit union and you can use not a good idea of what you're doing on the get the money and the reason he was or tried to go at unique to to you thought it be. so check with dish play, scope, piano a bit of are g o e scheduled late, but it's telling yes. produced you god does produce b my it's a good cook. i can hear that thy, cham, yeah. devious blocker. if you hold the chips i see if we put them all to fusion or both ish, menia brussel. meaning it order new beef up almost b as you know by james on at me. jones, but also mil choose you the door to big watching. press the up to be a p a t h 2 h skis, the rest you got dora beach that's at least um no gam by say upgrades of essays. ah she early she j r e g b kish and sends him or duran cherokee. some was an exhibit to prevention were to run or push on crow mr. should have if you wouldn't run it, she should have done so. and are you still saying he's put a hockey? was lisa bernstein in. that's in one corner which is actually camera. okay. so she's on.

i must so as a creature, ah, it's a creek villas up at no credit union. and you can use not a good idea. so you'd oprah the get the money and there's 2 huge. i tried to go at unique to, to you thought it be still a checklist. so you dish for scope because i'd be on the bill or get on the east casually, but it's telling us produced you, god does produce b my, it's a gold cook near that that chimney these of your school for either jose cham says she, if you put them all. so to put up with the media brussel, meaning it order new beef up almost the year by james on that me jones up, but also my location, the door to pretty watching. press the up to be at the a. t h 2 h skis, the rest you got dora beach that's at least um, no gun by the updates and essays ah she, she, j o e g b kitchen says him are darren jackie. some was an exhibit to prevent from or to run or push on crow. mr. should have if you were to do it, she shut them. as i went up, you're still saying he's got a hockey. was alisa blanche in that head of one car which is or so ago. so she's a yeah. tob

your mcclintic, the lin grabowski course can of got several sd no credit union you are will see the reduced. yeah. east are what you me that nothing a give you the words to see me. no one of service to grab them. he's got to redo it last me, don't affordably, mutilated senior, contribute. when you show me, even though when i got the renewable, if you can, when use dominion could use, didn't you pathetic them? you got to read it when you store and explain your pretty muscle beaches to be. it's already cooking be was sick, even silly me on your progress. at the start of 1943, 7 latvian use battalions took part in the winter resolve the whole winter magic punitive operation in vienna. morris. they burned and plundered a $158.00 settlements, killed and burned 3 and a half 1000 civilians. 2000 bon russians were taken by the net b as for hard labor in germany. more than a 1000 children were sent to the sellers. bill's desk and in addition to mil rules, lamphier and this is police battalions carried out punitive operations in russia, ukraine, and poland. such operations can never be called a strug

chasing or do people just value the safety of it versus, say, going to a smaller regional bank or credit unionarter to half percent more for your cash? >> the ones that is offering the most yield right now is the treasury bills. that's the fed. i mean, sure, you go to silicon valley bank because you go from 2.5 to 3. meanwhile, you go into the weekly treasury bills and you're going to get 4 rating. after the fed raises tomorrow you'll get 5% again. so, i don't really think that's going to go away. i think we're in a lull, and i think we'll start again. i don't think the crisis will end until rates are being cut. >> primarily centered on regional banks or you think -- >> no, i think large banks are fine. i think large banks have more deposits than they know what to do with. i think it's going to center on small banks and regional banks. >> don't you think rates where they are right now, i'm looking at six-month t-bills, you mentioned those, almost 4.95%, almost 5% right now. there was the fear people would take their money and where are they going to go? they're not going to stuff it in their m

lend to entrepreneurs and small businesses initial like a banker bank a bank to bank by local credit unions and institutions this had the customer relationship. >> and the interest rates. >> (multiple voices). >> how did that affect the ability to lend money to people that, you know, may not be able to for the record to generate the money. >> you know, we looked at other public banking models it is unique thing right now in california public banks are all over the world; right? and one really well known public bank the bank of north dakota and one year hundred bank working with the financial institutions to make loans to community institutions but helps to support local businesses and other projects in the state. so one of the interesting things happened in the pandemic i don't know if you remember i have those banking with wells fargo and all of a sudden oh, crap wells fargo stop lending for the first round but the bank of north dakota had the highest curve capital amount of lending twice as much as california did because they have the infrastructure in place to put the money through the p

so as a creature agree up with no credit union. and you can use cigarette earlier. so your order of mckinney, donnie, and there's to do is i tried to go at unique today. you thought it be so check with me. so you push push go cuz i'd be i know for little g a he scheduled late, but it's darlene yes. produced you, god does produce b my, it's a gold cook near that thy chimney the junior school for any jose chips. i see a plea for gumble. so to put up with dish nino brussel, meaning it order new piece of gum austin. b, as you know by james on at me. jones, but also my location, the door to please watching. press the a to b a p a t h o h ski stressed you at dora beach. nissan. elizabeth no go by satellite. so that's iced, ah, she early she, j o e g beautician says him, or duran, you jackie summers and exhibit to pre danger more to run or push on crow. mr. should have if you wouldn't run mission, is that i went up to you still saying he's put a hockey, was a lisa bernstein in that head of one car, which is actually kid. well, because i was, she's gonna go up. she got to r

>> and that's why you do have to have great banks that are discussions,hese and credit unions, and making following those rules. because they can be great players through some ofso these loan type programs. because they arean the ones that will scrutinize initially and make sure that there are good investments out there. and so if there is more pressure on some of those outside entities to do their job, you know, and we can also do our job. i think there'se a good balance that exists out there. we just have to find the right . >> you think the sin is applying enough pressure to the banking that is having? >> i don't know that we are. there is a little bit of resistance out there and we heard of going back and scrutinizing some of the fraud that existed during the paycheck protection program and just for giving a lot of loans that are under a certain dollar amount, just letting it go. even if you suspect that there's fraud there i still think that we need toth go after those fraudsters that have engaged in the program. they need to pay that back. those dollars really are to go for those th

with over 5000 banks credit unions. so there are alternatives out there. but again i, i think this points to the need for greater coordination amongst our, our federal ray regulators in our financial system here. quoting us had a really good to get your thoughts on your analysis. thank you very much. indeed for talking to a 0. thank you. thank you for having me on. all right, so time for so break your out a 0 when we come back ga scrap, say proposed law, the protest to say would have cost descent and move the country pleasure to moscow . i'm runners pay homage to the late al jazeera john is sharing ugly at the palestine. martha morn, that stainless ah frank assessments. this treaty provides this with this hopeful moment where countries could come together and start putting in place the rules and will allow us to treat this global commons with the attention it deserves inside story. on al jazeera. ready too often of canister is portrayed through the prism of war. but there were many of canister thanks to the brave individuals who risk their lives to protect