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The Megyn Kelly Show

Silicon Valley Bank Collapse, and Mayhem at Stanford Law, with David Sacks, Vivek Ramaswamy, and Tim Rosenberger | Ep. 510

The Megyn Kelly Show

SiriusXM

Society & Culture, News, News Commentary

4.632.8K Ratings

🗓️ 13 March 2023

⏱️ 83 minutes

🧾️ Download transcript

Summary

Megyn Kelly is joined by David Sacks, founder of Craft Ventures and co-host of the All-In Podcast, and Vivek Ramaswamy, GOP candidate for president and founder of Strive Capital, to discuss and debate the Silicon Valley Bank collapse, what it means for America, whether this is a bailout of the bank or a bailout of tech startups and entrepreneurs, who should be responsible for helping the tech startups, whether there will be a run on more banks in America and a cascading effect, evaluating risk management and due diligence in the wake of the collapse, how to fix the problem short-term and long-term, how the Biden administration may have played a role in this, and more. Then Tim Rosenberger, president of The Federalist Society at Stanford University, joins to discuss the mayhem at Stanford Law School after students protested a federal judge in extreme ways, faculty joining in on the protesting, the corruption and boneheaded training of our young people, the partial apology coming now, and more. Finally, Megyn Kelly breaks down what happened at the Oscars last night, including a pro-America speech and a winner slamming Don Lemon. David - http://www.craftventures.com Vivek - https://www.vivek2024.com Tim - https://twitter.com/TimJRJR

Transcript

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0:00.0

Welcome to the Megan Kelly show, your home for open, honest and provocative conversations.

0:07.0

Hey everyone, I'm Megan Kelly, welcome to the Megan Kelly show live from Montana.

0:17.5

Happy Monday.

0:18.6

We have an extraordinary show for you today.

0:21.2

This is a must listen.

0:23.3

As the Wall Street Journal put it this morning, the US banking system is under siege and

0:27.8

we have two of the top voices in Silicon Valley with opposing views and how unwhat to do about

0:33.9

it.

0:34.9

David Sacks and Vivek Ramaswami are both here to have a discussion and debate regarding

0:39.8

the fallout from the collapse of the nation's 16th largest bank, Silicon Valley Bank.

0:46.4

David argues it's right for the federal government to step in and protect the positives.

0:50.9

Vivek says the bank does not deserve it and we are looking at a moral hazard here.

0:55.9

The pair have been going back and forth in heated Twitter exchanges.

0:59.7

I would say that are atypical for both men and they have agreed to come on this show today

1:05.1

to hash out their arguments.

1:06.7

This is a discussion you will not hear anywhere else and you cannot miss on a day like this.

1:11.6

You will emerge smarter than everyone else you know on this particular topic.

1:16.3

Here are just some of the latest headlines on this story treasury secretary Janet Yellen

1:20.4

announcing last night the Silicon Valley banks in uninsured depositors would gain access

1:25.8

to their deposits this morning and President Biden saying quote Americans can have confidence

1:31.3

that the banking system is safe.

1:34.2

But now hours into the trading day several regional bank stocks have been halted the

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