Meet the Press NOW — May 1
Meet the Press
NBC News
3.6 • 3.8K Ratings
🗓️ 1 May 2023
⏱️ 50 minutes
🧾️ Download transcript
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| 0:00.0 | If it's Monday, President Biden addresses the collapse of another major U.S. bank as |
| 0:07.0 | the White House and House Republicans dig in amid a dangerous economic stalemate over |
| 0:12.0 | the nation's debt limit. |
| 0:15.0 | Plus armed and dangerous Texas officials say they have no leads in the manhunt for the |
| 0:19.4 | mass shooter who gunned down five of his neighbors, including a nine-year-old execution |
| 0:24.6 | style after a neighbor asks the suspect to stop firing his gun outside. |
| 0:31.2 | And campaign combat, Senator Tim Scott signals a run for the White House as a growing |
| 0:35.8 | Republican field takes aim at President Biden's competence and age. |
| 0:52.6 | Welcome to Meet the Press. |
| 0:53.6 | Now I'm Kristen Welker in Washington. |
| 0:55.6 | We begin with new turmoil in the U.S. banking system, which is playing out amid a dangerous |
| 0:59.9 | stalemate in Washington over the debt limit that could royal the global economy. |
| 1:04.8 | Today, federal regulators took over first Republic Bank and sold it to JP Morgan. |
| 1:09.8 | That $230 billion failure marks the second largest bank failure in U.S. history and the |
| 1:15.0 | third major U.S. bank to fail in just the last two months. |
| 1:19.0 | These are three of the biggest bank failures on record and put together they're bigger |
| 1:23.6 | than the 25 banks that failed in 2008 when the banking system spiraled into a full-blown |
| 1:29.7 | financial crisis. |
| 1:31.4 | Markets were not particularly moved by news on first Republic. |
| 1:34.7 | The Dow closed down by just a hair. |
| 1:37.0 | The Nasdaq and S&P were also mostly unchanged on the day. |
| 1:41.2 | At the White House today, President Biden sought to reassure the public that the U.S. |
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