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Meet the Press

Meet the Press NOW — May 1

Meet the Press

NBC News

Policy, Campaign, 2018, Nbc, Debate, 2016, Analysis, Political, Government, Meet The Press, Democrats, Washington, News, Russert, White House, Congress, Democratic Presidential Debate, Elections, Republicans, News Commentary, 2018 Midterms, Democratic Primary, Chuck Todd, Issues, Politics, President, 2020, Road To 2020, Primary Election, 2020 Election, Public

3.63.8K Ratings

🗓️ 1 May 2023

⏱️ 50 minutes

🧾️ Download transcript

Summary

John Bolton, national security adviser during President Trump’s first term, joins Meet the Press NOW to discuss the shakeup in the administration after Mike Waltz is ousted as national security adviser and tapped to be UN ambassador. Former Ambassador Bill Taylor reacts to minerals deal signed by the U.S. and Ukraine. A federal judge rules it is “unlawful” for the Trump administration to carry out deportations without due process using the Alien Enemies Act.

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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