according to the us treasury secretary, janet gallon, and the chair of the federal deposit insurance corporation, the f d. i see the 2 bank failures this weekend are the 2nd and the 3rd worst in u. s. history. let's bring in rob watts now from d. w. business, another failed bank, contagion here. well, it, it sounds dramatic, doesn't it? i can see why you, it's just there would be s v b them. we've got signature bank, but you have to bear in mind that these 2 financial institutions are particularly exposed to current conditions. for example, as b. p does land in particular to tech start ups who are susceptible to the movements of interest rates. and then you've also got signature by who operates in a similar wave. it is also more exposed to crypto currencies than almost any other bank and to currencies. anyone who's paying attention to the may the last year when i have somewhat tank. so there is a lot of hope that this won't spread to the us banking sector as large, and that is something that the u. s. government us fed is trying to reassure people that it won't economist seem to feel

history. treasury secretary, janet gallons been grilled in congress over the crisis and tried to convince sentences that it's all under control. but some didn't buy it. does the president know personally any body who was dependent upon social security and their benefits are cut by 24 percent? they will slide into poverty. it's hard for you to know. so give your house and the president knows many people on social skills. why doesn't the president care? he cares very detail where as his plan he, he stands ready to work with guess, whole law risks because on a bipartisan group of senators has repeatedly requested to meet with him about social so that somebody who is a current beneficiary will not see her benefits cut by 24 percent, we have not heard anything on our request. while jonathan claims the economy is sound, the u. s. federal reserve could be preparing to inject the 2 trillion dollars into the banking system and a desperate efforts to avoid a meltdown. that's according to analysts from j. p. morgan chase, that prediction is based on the amount of uninsured deposit says 6 us banks. t