By — News Desk News Desk By — Ken Sweet, Associated Press Ken Sweet, Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/politics/watch-live-white-house-holds-briefing-as-first-republic-bank-seized-by-regulators Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter WATCH: White House holds briefing as First Republic Bank seized by regulators Politics Updated on May 1, 2023 6:57 PM EDT — Published on May 1, 2023 12:49 PM EDT White House Press Secretary Karine Jean-Pierre held a press briefing on Monday. Watch the briefing in the player above. The briefing comes as regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system. By — News Desk News Desk By — Ken Sweet, Associated Press Ken Sweet, Associated Press
White House Press Secretary Karine Jean-Pierre held a press briefing on Monday. Watch the briefing in the player above. The briefing comes as regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase in a bid to end the turmoil that has raised questions about the health of the U.S. banking system.