Meet the Press NOW — March 10

Meet the Press

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3.6 • 3.8K Ratings

🗓️ 10 March 2023

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The White House offers mixed messaging on recession concerns as markets suffer major losses. Top Democrats urge the House to reject Speaker Johnson's short-term funding bill. Dr. Phil Huang, director of Health and Human Services in Dallas County, Texas joins Meet the Press NOW to discuss his concerns about the rising cases of measles.

Transcript

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0:00.0	I want to say something.
0:07.0	One thing you know, if we're leading with the Bell, that's usually not good news when
0:16.5	it comes to the economy.
0:17.5	Welcome to Meet the Press now.
0:18.5	I'm Chuck Todd.
0:19.5	It's been a busy day in general.
0:21.3	We have busy 2024 political day.
0:23.3	We're going to get to that in a moment, but there's a reason we began with the closing
0:26.4	bell, the breaking news in the economic sector.
0:30.0	You're looking, that was the closing bell.
0:31.8	Markets reacted today to the biggest US banking collapse in more than a decade.
0:36.2	Markets just closed.
0:37.2	They were down.
0:38.2	All the major indices fell by more than 1%.
0:40.6	The tech heavy Nasdaq closed down by more than 1.5%.
0:44.5	Why did Nasdaq take a hit worse?
0:47.6	Because the Silicon Valley Bank had to be shut down by regulators despite emergency efforts
0:52.0	by the tech bank to stay afloat.
0:54.3	This is the nation's 16th largest bank has more than $200 billion in assets and it makes
1:00.4	it the single largest US bank failure since the 2008 financial crisis.
1:05.2	And it's the second biggest bank failure ever.
1:08.5	Siserra, who's chair of the White House's Council of Economic Advisers, told reporters
	...

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