Live from the Nasak Market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Back from the brink, New York Community Bank Corp getting a billion dollar lifeline from the

former Treasury Secretary Stephen Munuchin one year

after S.B. failed how did another major bank almost blow up? We'll have the very

latest. Plus the battle over bulge, former FDA Commissioner Scott Gottlieb

set to weigh in on the call for the government to step in and get prices lowered for these wildly popular and effective obesity drugs.

And later, Tim is pumping up the L and his Blyceph trait.

Blicep trait, trait was playing that.

Topping the tape on a big Chinese tech name.

And two left beats, the reasons why footlocker dropped almost 30% today.

I'm Melissa Lee, come to you live from Studio B at the Nazac on the death tonight Tim Seymour

Karen Finner, and C. Brasso and Civita Supermanian head of U.S. equity strategy for Bank of America,

B of A.

Markets meantime, managing games across the board as investors look to recoup some of yesterday's losses

though all three indices did close well off the day's highs.

Fed Chair Jerome Powell reiterating that the Central Bank is not ready to cut rates just yet.

We'll get more on that in just a few minutes, but we start off with a last minute lifeline

for New York Community Bank Corp.

Shares were down as much as 42% today before the regional lender announced it had secured a billion

dollar investment led by the firm of former Treasury Secretary Stephen Minutchen.

After several trading halt shares managed to close a day higher, Seven and a half percent, that is less than 25 percent higher,

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