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. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now 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. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now