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Warren Buffett in Contact With Biden Team on Banking Crisis

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Billionaire investor Warren Buffett has been having multiple talks with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds, according to people familiar with the matter. Meanwhile, First Republic Bank was downgraded Sunday by S&P Global Inc., days after the ratings firm cut the lender to junk. Su Keenan reports on Bloomberg Television.

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39 Comments

39 Comments

  1. @nickpatricks2757

    January 21, 2024 at 11:44 am

    Nice

  2. @investingwithkendrick

    January 21, 2024 at 11:44 am

    The US market has always and will always recover 🇺🇲🇺🇲🙌

  3. @ernestburelle2035

    January 21, 2024 at 11:44 am

    the banking system is in the mess it is in because of all the rigging & manipulation of everything their probably not supposed to be dabling in, but money & greed trumped the straight & narrow, suppress this suppress that short this short that rig this rig that, and in the end it came home to roost, and i called it along time ago,, when shit hit the fan the taxpayer will pay for the bailout, while the bigs at the top open accts in the canary islands. follow the money, pretty sad

  4. @danielmcarthur9004

    January 21, 2024 at 11:44 am

    Warren buffet: Inorder to boost the economy, you should pump my bags…

  5. @omg2569

    January 21, 2024 at 11:44 am

    America financial crisis is caused by the combining effort of Obama, Trump and Joe Biden, who focused on stirring up war and conflicts around the world but never in economic development through cooperation with other countries esp Asian, Africa and the Middle East.
    The blowing up of Nord Stream 2 has pissed off EU allies as well, now even Australia has turned to China

  6. @darnellcapriccioso

    January 21, 2024 at 11:44 am

    Right now, Credit Suisse is on the verge of collapse, looking to borrow more than $53 Billion to stay afloat, with investors ripping up their forecasts for further rises in interest rates and dumping bank stocks around the world. I'm at a crossroads deciding if to liquidate my dipping 200k stock portfolio, what’s the best way to take advantage of this bear market?

  7. @Smokey4462

    January 21, 2024 at 11:44 am

    Hopefully, Buffett can give Biden some guidance on fiscal responsibility.

  8. @ronniecurry3180

    January 21, 2024 at 11:44 am

    The hell with rescuing American Banks and the American public in general let's just keep sending money to the Ukraine I'm sure they needed much much more than yeah right thanks Joe

  9. @nhanha7433

    January 21, 2024 at 11:44 am

    Every time the stock market cap or fund cap withdraw investment currency. So serious it cause homeland secruity unsafe and panic and recession

  10. @nhanha7433

    January 21, 2024 at 11:44 am

    The price stock going down is it going down for bankruptcy or it going down for buy back investors or for new buyer. For investors it is good but the withdraw investment to low price it is damaging the stock market cap it is causing the recession this must find the way to low down price stock without the damage the stock market cap that cause the national debts increase

  11. @nhanha7433

    January 21, 2024 at 11:44 am

    And all stock lost must refund fully as well as bank depositors

  12. @nhanha7433

    January 21, 2024 at 11:44 am

    From now on we bring them to court for hearing and ensure they do not live in mansion and save monies oversea

  13. @nhanha7433

    January 21, 2024 at 11:44 am

    If we hire the CEO run company and bank and they failed manage why we hire them

  14. @nhanha7433

    January 21, 2024 at 11:44 am

    We do not want any bank in the country that has CEO and going out businesses and declare they are bankruptcy but they earn so big from stock market and option and cheat saver

  15. @julio7842

    January 21, 2024 at 11:44 am

    America’s banking system will be bailed out again, but it will eventually fail this century because bankers never go to jail in America for mismanagement.

  16. @1stPrinciples455

    January 21, 2024 at 11:44 am

    Why do the richest continue to accumulate wealth knowing they will not use 99% of their wealth and spoil their children or wives with wealth they never earned themselves?

  17. @Telluwide

    January 21, 2024 at 11:44 am

    Mmmm…Where are the reports of the White House reaching out for advice to the Silicon Valley Tech Wunderkids like Elon Musk, David Sacks, Chamath Palihapitiya, Peter Thiel, Reid Hoffman, Mark Zuckerberg….LOL!

  18. @flashgordon6752

    January 21, 2024 at 11:44 am

    Buffett, the manipulative socio economic circular creator of cradle to grave control.

  19. @sp4604

    January 21, 2024 at 11:44 am

    2023 is about to crash

  20. @eagle13rodgerthatradar

    January 21, 2024 at 11:44 am

    Mr Buffet owns the cloud it is his board rooms name… He would be my pick plus his stock in trains…

  21. @LemmyLeroy

    January 21, 2024 at 11:44 am

    To hell with Buffett, hold that guy's head under water till the bubbles stop, he does not give a shit about how his housing developments ruin your hometown with traffic and undesirables.

  22. @markdicicco7253

    January 21, 2024 at 11:44 am

    Joe Biden could wrap his own presents and still throw himself a surprise party!

  23. @markdicicco7253

    January 21, 2024 at 11:44 am

    What our President the leader of our country can't figure it out? Trump could figure it out! That's what business men do!

  24. @FunkyMoneysAndGoldSniffers

    January 21, 2024 at 11:44 am

    Scared money don't make money. Buy!!!

  25. @abcd60528

    January 21, 2024 at 11:44 am

    Testing

  26. @diamandidimitrov8643

    January 21, 2024 at 11:44 am

    |——————————————————–|
    |__ ЦЕНТРАЛНА АМЕРИКА __|
    |__КОЙН ФИКСИНГ НА ОЛИМ __|
    |__ ДА ПИТАТ МОГАТ ДА СЕ __|
    |__ УЧАТ ОТ ПРИМЕРИ __|
    |__ ИСТОРИЯ КАКВО ДА __|
    |__ ГОВОРИМ __|
    |__ ОЛИМП __|
    _________________________________/

  27. @rogerlombardo96

    January 21, 2024 at 11:44 am

    Why are we bailing out millionaires

  28. @truepersona6804

    January 21, 2024 at 11:44 am

    Old geezers are shitting together !?! 😂😅😂

  29. @lambertois11

    January 21, 2024 at 11:44 am

    For the past 10 years, the low interest rate and QE have resulted in excessive wealth accumulation of the top 10%
    It is about time that the Federal Reserve starts to think about the other 90% who are suffering from high inflation.

  30. @eveningstarnm3107

    January 21, 2024 at 11:44 am

    Every ultra-wealthy financier in this hemisphere is "in contact with (the) Biden Team" about the bank failures. Warren Buffett is neither the richest nor the poorest nor the only one to whom the Biden administration is listening. This is not news. It's a report about other people's reaction to an interview, with only one of many important voices.

  31. @eriktopolsky8531

    January 21, 2024 at 11:44 am

    So typical Anglosaxons cause the trouble with banks and when it spreads they laugh it off

  32. @wakobayisa

    January 21, 2024 at 11:44 am

    i love this. Buffet is a wise man! amazind video thanks.

  33. @MTXSHO9732vV8SHO

    January 21, 2024 at 11:44 am

    Sounds like he's doing the same thing Rockefeller did 94 years ago

  34. @8platypus

    January 21, 2024 at 11:44 am

    This guy is evil. He wants to use all of his undeserved wealth to oppress us into hyper inflation. Those banks were bailed out by tax payers, its not for sale.

  35. @randyc9700

    January 21, 2024 at 11:44 am

    Sick Puppies- You're Going Down

  36. @omg2569

    January 21, 2024 at 11:44 am

    US banks are collapsing for sure, investing in them are the stupidest thing to do now

  37. @sujanshrestha851

    January 21, 2024 at 11:44 am

    This video is absolutely interested thank you for visiting

  38. @liberalculler5087

    January 21, 2024 at 11:44 am

    Buffet looking for a DEAL. He knows banking credit is frozen. This is how the ULTRA rich get even richer.

  39. @twentynineelevenpodcast9283

    January 21, 2024 at 11:44 am

    God will judge the wicked and send them to their damnation for what they are doing.

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Rethinking America’s Faith in Innovation

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Author Thomas Frank tells Bloomberg This Weekend that America’s celebration of creativity and innovation has helped justify policies that elevated white-collar knowledge work while contributing to inequality and the decline of manufacturing. Speaking with hosts David Gura and Christina Ruffini about his new book, The Creativity Con, Frank argues that innovation is neither uniquely American nor a guarantee of broadly shared prosperity.
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Fighting Inflation | Bloomberg Surveillance 01/26/2024

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Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern have the economy and global markets “under surveillance”. Their daily conversations with leaders and decision makers from Wall Street to Washington and beyond cover the latest in business, investment, and geopolitics. No other program better positions investors and executives for the trading day.
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Anthropic Should Delay IPO to Address AI Safety Risks, Says NYC Comptroller

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New York City Comptroller Mark Levine is calling on Anthropic PBC to delay its possible initial public offering due to artificial safety concerns. He says the company needs to address safety work and mitigate risks now, before it faces shareholder pressure to perform. He speaks on “Bloomberg Surveillance.”
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Fed Won’t Raise Rates at Next Meeting, Strategist Amoroso Says

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Anastasia Amoroso, Partners Group chief investment strategist, says the Federal Reserve is unlikely to raise interest rates at its next meeting, even after hotter-than-expected producer price data. She speaks on “Bloomberg Open Interest.”
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Stocks Rise Ahead of More Data; US Hits China with 100% Tariffs on Drones | Bloomberg Brief 08/14/26

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US equity futures waver after stocks notched a fresh record high ahead of retail sales and consumer sentiment data. Oil climbs as Treasury Secretary Scott Bessent says the US will announce unprecedented plans for Iran’s “economic isolation” next week. The Trump administration imposes levies of as much as 100% on imported drones and components, further decoupling from drone supply chains with China. OpenAI is said to be on track to generate annualized revenue of more than $40 billion. Stephanie Guild, CIO of Robinhood, looks ahead to more data following the latest signs of cooling inflation.

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00:00:00 – Bloomberg Brief Begins, Top Stories & Global Markets
00:01:03 – Global Market Check: Asia Markets: Stocks Rally, Korea Leads Gains
00:02:24 – Europe Markets: Stocks, Dollar & Bond Yields
00:03:42 – US Markets: Record Highs & Treasury Yields
00:05:00 – OpenAI Revenue Surges Ahead of Potential IPO, Chinese AI Models Challenge OpenAI & Anthropic
00:09:10 – Trump Administration Hits Imported Drones With 100% Tariffs
00:10:34 – US Economic Isolation Plan for Iran & China Implications
00:12:34 – 30-Year Treasury Yield Hits 25-Year High
00:13:44 – Retail Sales, Inflation & the Fed Rate Outlook
00:15:02 – Trending on the Terminal
00:16:56 – Global Shipping & Mexico’s Alternative to the Panama Canal
00:20:59 – Front Page News
00:21:38 – Markets Update: Stocks, Bonds, Oil & the Dollar
00:23:11 – First Look Movers: Applied Materials, Drone Makers & Reddit
00:24:43 – Stephanie Guild, Robinhood CIO, on Whether Markets Can Keep Rallying
00:32:53 – Trending on the Terminal
00:35:17 – US to Roll Out Economic Isolation Plan for Iran Next Week, 100% Drone Tariffs & US-China Trade Tensions
00:38:02 – OpenAI’s $40 Billion Revenue Run Rate & IPO Prospects, Investors Get More Selective on AI & Tech
00:42:00 – What to Watch
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