senator james lankford from oklahoma kind enough to join us.e committees the senate finance committee. thanks for being with us. ken langone the founder of home depot said we're not over the bank problem yet. do you agree with that. >> we're not over it yet. they're creating secondary problems, we'll make whole all the people we know, that relationship we have with in all the big banks may not do that in the smaller banks. that cause as stir in the smaller banks. stores, everybody else that has account there exceeds $250,000. then they try to step in we'll stablize everybody on it. every one says, what is fdic insurance what does that do? what they're doing their initial reaction created further complications figuring out how to settle it. our banking across the country is very stable, very strong, very good assets across the country. we have good liquidity across the country but there is no bank that can have a rush on the bank right away have liquidity 100%. no way you would be able to do that. you couldn't run a business on it. the challenge

and finally, senator james lankford said, "nice, i see what you did there." [ laughter ] that's -- everyoneers and applause everyone got their box checked yeah well, everyone's talking about this tucker carlson is being criticized by both parties for saying that january 6th was "mostly peaceful." that's like if your main take away from woodstock '99 was that limp bizkit played "nookie. [ laughter ] you know what i'm saying carlson also said that most of the rioters were sightseers. but usually when sightseers go to a museum, they don't try to take a picasso home with them. i'm just saying. [ laughter and applause meanwhile, new legal documents reveal that right before january 6th, tucker carlson texted a coworker about trump and said, "i hate him passionately." to be fair, i feel like every friend group has a second group text for that one person they secretly hate. [ laughter ] "what was jimmy talking about? [ light laughter ] listen to this, we all knew that kim jong-un had a a daughter, but south korean intelligence officials said now that they believe kim jong-un has three kids yeah, he

president, i rise today to thank my friend from oklahoma, senator james lankford for continuing the senate'stradition of delivering president george washington's farewell address earlier this week. it's an annual reminder of what is great about america, but it is erie how his warnings ring true today even that you it -- thousand it was delivered some 207 years ago. he warned of the dangers of putting the will of political party ahead of the will of the nation. he also warned against the accumulation of debt and encouraged us to cherish public credit. as a very important source of strength and security. my personal relationship with this and understanding is my grandfather affectionately known as papa joe, he would always say joe, if you have unmanaged debt, you will make cowardly decisions of how you live your life. and yet here we are today. watching party politics and out of control spending threaten the very foundation of our great nation. this is exactly what george washington was talking about and he was so right 227 years ago. and what's so wrong with washington today and what the amer

. >> oklahoma senator james lankford worries community banks will bear the cost quietly taxpayers across the country are going to be affected by this. >> and some lawmakers say it may also be time to raise the fbi sees insurance threshold live in washington. i'm jessi tenure, reyna now, jesse, the federal reserve. they're going to be again next week over raising interest rates. how these bank failures play into the decision after make now. yeah, they will be a major factor, especially since many people have attributed at least as bibi's failure to rising interest rates. and so while many economists really from across the board had expected the fed to come out pretty aggressive here next week. this, of course, complicates things. all right. we'll certainly be keeping our eyes on this. thanks for that update. jesse. >> still to come on the kron 4 morning news. something to worry about. if you've got a reusable water bottles saw this story and i immediately watch mine hear just how many germs they might have. we'll germs they might have. we'll be right back after t when a truck hit my car,

and oklahoma republican senator james lankford said the decision to protect uninsured deposits is unfair to smaller community banks. will the deposits in every community bank in oklahoma regardless of their size. >> big fully insured now. will they get the same treatment that svb just got? >> yellen said they would not. she says that uninsured deposits would only be protected if they decide that feeling to do so would create systemic risk and create economic and financial consequences. for now in washington, i'm anna wiernicki. back to you. >> time magazine cure rates. the top destinations people should visit this year. the california hawks, but the california hawks, but the next. when a truck hit my car, california hawks, but the nthe insurance company wasn't fair. i didn't know what my case was worth, so i called the barnes firm. i'm rich barnes. it's hard for people to know how much their accident case is worth. let our injury attorneys help you get the best result possible. there's nothing like volunteering at the fire department. there's nothing like hitting the waves. but with my m

you're here questions on the part of republicans, including james lankford of oklahoma about the president and the fbi fed jointly took over the last weekend. langford was asking about communities and if they were going to get the same treatment and that all depositors were hold feared it is only when the ftse, myself, the fed imposes a systemic risk. langford asked her, how are you going to stop deposits from leaving committee banks and going to the big guys. she struggled with the answer. she said it was not the intention. caroline: being supported by the big guys. kailey: the big banks in the country are trying to get together for some kind of a rescue mission for first republic after bloomberg reported that the bank was looking at its option, including a sale that has caused a volatility in the stock. secretary yellen did receive a question in this hearing about the fdic and the role of politics around potential. it was questioning the bids that the fdic received and that merger process was not going for it last with due to the political conversation and tensions around the desire for

james lankford and janet yellow. >> your plan to keep large depositors from moving funds out of communityanks into the big banks. >> it's certainly not something we are encouraging. >> it's happening right now. >> we are going to bring the full tape. xi jinping going to russia next week, full scale state physical pulling sending just to ukraine, signs alighting up, about coming spring which may decide the work. kurt on that next. ♪ in so... i know you and george were struggling with the possibility of having to move. how's that going? we found a way to make bathing safer with a kohler walk-in bath. a kohler walk-in bath provides a secure, spa-like bathing experience in the comfort of your own home. a kohler walk-in bath has one of the lowest step-ins of any walk-in bath for easy entry and exit. it features textured surfaces, convenient handrails for more stability, and a wide door for easier mobility. kohler® walk-in baths include two hydrotherapies— whirlpool jets and our patented bubblemassage™ to help soothe sore muscles in your feet, legs, and back. a kohler-certified installer will i

. >> is the law in china, republican james lankford says there's no separating a chinese owned app from the communist government. there's growing bipartisan support for a bill called the restrict act, giving the president authority to ban tiktok nationwide along with technology from china and 5 other nations. the u.s. team's adversaries that bill has already passed the gop controlled house foreign relations committee is safe to assume that the ccp is willing to lie about a spy balloon and cover up the origins of the worst pandemic in 100 years. >> they lie about using tiktok to spy on american citizens. frustration with tiktok uniting both parties all while the department of justice is probing bytedance tiktok's parent company for allegedly collecting data and doing surveillance on american journalists. >> that was joe khalil reporting for us tonight. >> here at home that city owes wildflower bloom is here. it's already bursting with color. as you can see this spring, experts are anticipating a super bloom across. >> of the entire state. all thanks to the consistent rainfall we've recei

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and oklahoma republican senator james lankford said the decision to protect uninsured deposits is unfairsmaller community banks will the deposits and every community bank in oklahoma regardless of their size. >> big fully insured now. will they get the same treatment that svb just got? >> yellen said they would not. she says that uninsured deposits would only be protected if they decide that feeling to do so would create systemic risk and create economic and financial consequences. for now in washington, i'm anna wiernicki. back to you. >> senate republicans are introducing a bill in congress to codify the second amendment. they say democrats are trying to restrict this right for americans. south carolina republican senator lindsey graham introduced legislation today to codify into law. the rights upheld in 2 recent supreme court rulings, but not every republican is on board. there's a west virginia senator shelley moore capito who says that she's not sure that this bill is needed. >> second amendment as a constitutional right to litigated to the supreme court many, many, many, many time

. >> oklahoma senator james lankford worries community banks will bear the cost quietly taxpayers across country are going to be affected by this. and some lawmakers say it may also be time to raise those f d i c insurance threshold. >> live washington, i'm jessi tenure. thank you very much. testing time now, 6.22, and coming up on the kron 4 morning news. one man is arrested after an attempted carjacking turned deadly. we'll have the details after the break. >> 6.25 in a car owner was shot and killed in gilroy yesterday morning after confronting a person who was stealing his car and after the shooting. that is when a police arrested on ochoa's marino. >> because there there. they say that he's the one who drove away in that stolen car. >> after the victim died at a local hospital of being shot. that was hours after that. the police found and arrested show marino and he was booked in to jail with homicide and carjacking charges. >> well, disgraced hollywood producer harvey weinstein will not be granted a retrial in his rape and assault charges due to 2 jurors being deadlocked. the 7 year

it led to heated exchange wean the secretary and james lankford. >> will my banks in oklahoma pay a specialto make chinese investors hole from silicon valley bank. >> uninsured investors will be made whole in that bank. i suppose that could include foreign depositors but i don't believe there is any legal basis to discrime among uninsured. >> i get it. my community banks are going to pay this additional fee. >> reporter: secretary yellen said the alternative of letting the banking system collapse would be worse. she testified that we were seeing large amounts of funds shifted out of communities banks to larger banks. the secretary add the outflows of deposits have generally stabilized after the insurance, insured, uninsured depositors would be made whole. on the budget the secretary claims the president needed all the spending he already signed because of pandemic. now more to help inflation. >> do you know what the inflation rate was at the start of the biden administration in january 2021? >> it was substantially lower. >> it was 1.4%. you said that inflation has many causes. i agree with

and james lankford telling newsnation he believes ultimately american taxpayers will take on the causeving the failed banks. despite the president saying the money will come from the fees banks pay into the government's deposit insurance fund banks get their income from customers who have accounts the banks. they pay higher rates and fees. >> so account holders are going to pay higher rates and fees in the days ahead to be able to cover this loss at silicon valley bank and signature bank. a new study says more u.s. banks could also fail. >> the study conducted by the social science research network says 186 american banks could fail if half of their deposit or suddenly withdraw their money. treasury secretary janet yellen says the u.s. banking system remains sound. americans can feel confident. >> desir deposits will be there when they need them. >> that was dray clark reporting. there are some financial experts who blame the fed for the banking crisis because the fed's decision to raise interest rates to get a handle on inflation. but even with these recent moves in measures, there st

. >> oklahoma senator james lankford worries community banks will bear the cost quietly taxpayers across the country are going to be affected by this. and some lawmakers say it may also be time to raise the f d i c insurance threshold. >> live in washington, i'm jessi tenure. >> all right. jessi, thank you very much. it's 5.22. and coming up on the kron 4 morning news. one man has been arrested after an attempted carjacking turned into a homicide. we'll have details homicide. we'll have details after the break. when a truck hit my car, homicide. we'll have details after the break. the insurance company wasn't fair. i didn't know what my case was worth. so i called the barnes firm. i was hit by a car and needed help. i called the barnes firm, that was the best call i could've made. i'm rich barnes. it's hard for people to know how much their accident case is worth. let our injury attorneys help you get the best result possible. ♪ the barnes firm injury attorneys ♪ ♪ call one eight hundred, eight million ♪ it's just a new way of life for me. the always discreet pad is super comfortable. it

. >> is the law in china, republican james lankford says there's no separating a chinese owned app from communist government. there's growing bipartisan support for a bill called the restrict act, giving the president authority to ban tiktok nationwide along with technology from china and 5 other nations. the u.s. team's adversaries that bill has already passed the gop controlled house foreign relations committee is safe to assume that the ccp is willing to lie about a spy balloon and cover up the origins of the worst pandemic in 100 years. >> they lie about using tiktok to spy on american citizens. frustration with tiktok uniting both parties all while the department of justice is probing bytedance tiktok's parent company for allegedly collecting data and doing surveillance on american journalists. >> well, as joe khalil reporting for us this morning last month, the white house told federal agencies to delete tiktok from government-issued. >> mobile devices within 30 days. congress, the u.s. armed forces and more than half of american state governments also prohibit the use of the app

. >> is the law in china, republican james lankford says there's no separating a chinese owned app fromartisan support for a bill called the restrict act, giving the president authority to ban tiktok nationwide along with technology from china and 5 other nations. the u.s. team's adversaries that bill has already passed the gop controlled house foreign relations committee. >> it's safe to assume that the ccp is willing to lie about a spy balloon and cover up the origins of the worst pandemic in 100 years. they lie about using tiktok to spy on american citizens. frustration with tiktok uniting both parties all while the department of justice is probing bytedance tiktok's parent company for allegedly collecting data and doing surveillance on american journalists. >> that was joe hill reporting for us. and now to some international news. chinese president xi jingping arrived in moscow for a three-day visit with russian president vladimir putin. >> the show of support comes only days after putin was charged with wake war crimes stemming from thousands of child abductions in ukraine. and as

you know, best question from james lankford today came in. well, if this happens to my constituents in oklahoma, they're going to get the same deal . janet yellen said nope. so why should we be paying for millionaires and billionaires out in silicon valley anyway? no matter how hard janet yellen tries to spin it, how hard she tries to sell it, it doesn't work. >> take a look. we worked with the federal reserve and fdic to protect all depositors of the two failed banks. >> on monday, morning, customers were able to access all of the money in their deposit accounts so they could make payroll and pay the bills. shareholders and debt holders are not being protected by the government. importantly, no taxpayer or money is being used or put at risk with this action. >> all right. it only gets worse from there because you are bailing out very wealthy americans . it's going to be your tax dollars or fees that you pay to banks as they raise these fees. >> but also chinese nationals who deposited money in cvb. >> well, guess who predicted all of this? i

president, i rise today to thank my friend from oklahoma, senator james lankford for continuing the senate's long tradition of delivering president george washington's farewell address earlier this week. it's an annual reminder of what is great about america, but it is erie how his warnings ring true today even that you it -- thousand it was delivered some 207 years ago. he warned of the dangers of putting the will of political party ahead of the will of the nation. he also warned against the accumulation of debt and encouraged us to cherish public credit. as a very important source of strength and security. my personal relationship with this and understanding is my grandfather affectionately known as papa joe, he would always say joe, if you have unmanaged debt, you will make cowardly decisions of how you live your life. and yet here we are today. watching party politics and out of control spending threaten the very foundation of our great nation. this is exactly what george washington was talking about and he was so right 227 years ago. and what's so wrong with washington today and what th

i was with trey gowdy and james lankford. tulsi gabbard calls me and says what can i do?aid i would love to have my friends with me. she flew in from hawaii to charleston to be a part of the morning -- mourning and celebration of life. thank you for that kind of friendship. [applause] god bless you. now, in america, we do not have to agree on everything but thank god for strong, powerful women who show up when you need them the most. amen. i will save it for when i get back on the stage in a few minutes but in 1995, a guy named dr. steve suits gave me a call and invited me to join the board of directors of the palmetto family council, the sponsors of this event. as a young kid born into and raised in poverty with a single mother, this gave me a chance to focus on the family, pun intended. for those of you who get the inside joke, it was a blessing to serve for a little while on that board. i will say without any question, how meadow family council -- palmetto family council, what a blessing to have a nation where it is free to praise the lord? [applause] i will say, the s

here's an exchange between her and republican senator james lankford on thursday.video] >> will the deposits in oklahoma, regardless of their size, be fully insured now? are they fully recovered? every bank in oklahoma, regardless of the size of the deposit, will they get the same treatment that svb just got or signature bank just got? >> a bank only gets that treatment if a majority the fdic board -- the superajority of the fed board and i in consultation with the president determine the failure to protect uninsured depositorsould create systemic risk and significant economic and financial consequences. >> what is your plan? what is your plan to keep large depositors from moving their funds out of community banks into the big banks? have seen the mergers of banks over the past decade. i'm concerned you are about to accelerate that by encouraging anyone to say we are not goin to make you whole, but if you go to a preferred bank, we will make you whole at that point. >> that is certainly not something we are encouraging. >> that is happening right now. >> that is ha

here's an exchange between her and republican senator james lankford o thursday. [video] >> will the deposits in oklahoma, regardless of their size, be fully insured now? are they fully recovered? every bank in oklahoma, regardless othe size of the depot, will they get the same treatment that svb just got or signature bank just got? a bank only gets that treatment if a majority of the fdic board -- the super majority the fed board and i in consultation with the prident determine the failure to protect uninsured depositors would create systemic risk and significant economic and financial consequences. >> what is your plan? what is your plan to keep large depositors from moving their funds out ofommunity banks into the big banks? we have seen the mergers of banks over the past decade. i'm concerned you are about to accelerate that by encouraging anyoneo say we are not going to make yo whole, but ifou go to a preferred bank, we will make you whole at that point. >> that is certnly not something we are encouraging. >> that is happening right now. >> that is happeng be

i was with trey gowdy and james lankford. tulsi gabbard calls me and says what can i do?aid i would love to have my friends with me. she flew in from hawaii to charleston to be a part of the morning -- mourning and celebration of life. thank you for that kind of friendship. [applause] god bless you. now, in america, we do not have to agree on everything but thank god for strong, powerful women who show up when you need them the most. amen. i will save it for when i get back on the stage in a few minutes but in 1995, a guy named dr. steve suits gave me a call and invited me to join the board of directors of the palmetto family council, the sponsors of this event. as a young kid born into and raised in poverty with a single mother, this gave me a chance to focus on the family, pun intended. for those of you who get the inside joke, it was a blessing to serve for a little while on that board. i will say without any question, how meadow family council -- palmetto family council, what a blessing to have a nation where it is free to praise the lord? [applause] i will say, the s

i was with tr gowdy and james lankford. tulsi gabbard calls me and says what can i do?uld love to have my friends with me. she flew in from hawaii to charleston to be a part of the morng -- mourning and celebration of life. thank you for that kind of friendship. [applause] god bless you. now, in america, we do not have to agree on everything but thank god for strong, powerful women who show up when you need them e most. amen. i will save it for when i get back on the stage in a few minutes but in 1995, a guy named dr. steve suits gave me a call and invited me to join the board of directors of the palmetto family council, the sponsors of this event. as a young kid born into and raised in poverty with a single mother, this gave me a chance to focus on the family, pun intended. for those of you who get the inside joke, it was a blessing to serve for a little while on that board. i will say without any question, how meadow family council -- palmetto family council, what a blessing to have a nation where it is free to praise the lord? [applause] i will say, the scripture tha