KJP Unable To Say Why Biden Wouldn’t Sign Republicans’ Bill; why Biden not call for debt ceiling meeting?
Karine Jean-Pierre , white house press briefing

Karine Jean-Pierre Is Unable To Say Why Biden Wouldn’t Sign Republicans’ Lower Energy Costs Act
Reporter: So H.R. 1 passed the House earlier today. And the House Speaker said it would open up permits for drilling and lower energy prices. And it was bipartisan. So if it’s bipartisan, why wouldn’t the President sign it if it hits his desk?

KJP: Look, I le- — I talked about this earlier in the week about — specifically about our thoughts about H.R. 1. I don’t have anything else beyond that to share. You know, what — what I stated, I think two days ago, stands. Just don’t have anything else to share.

Karine Jean-Pierre Has Absolutely No Idea How To Respond To Question On Community Banks
Reporter: I wanted to ask why the Biden administration wants the FDIC to spare community banks from the special assessment to cover, you know, the insuring — insurance deposits for Silicon Valley and Signature Banks. I mean, the default is that all banks pay. Why not broaden the base?

KJP: So I just want to — are you asking about a particular bank in — a particular bank here?

Reporter: No, I mean — I mean, the Biden administration earlier was talking about the FDIC sparing community banks from the special assessment to cover the costs of insuring deposits at Silicon Valley and Signature Banks. Since the the default generally is that all banks will pay, to broaden the base — the FDIC does have some discretion, I understand. But I — I wanted to understand why is the administration encouraging that.

KJP: So, I’ll say this: Look, the D- — the DIF — the DIF has more than enough to cover — right? — any — any Silicon Valley Bank and Signature Bank deposits that cannot be paid using funds from the banks or the sale of their assets. And the FDIC has said any losses that the DIF will be — will be recovered by special assessment on the banks, not the taxpayers.

We think it’s important to make sure that these community banks, these regional banks, are also put in a strong place, in a resil- — are also resilient as well. And so I’m going to leave it there. I’m not going to go into specifics onto what the FDIC is doing. That is something for them to make that decision.

As you know, DIF is an important fund — insurance fund that the big banks pay into. But I’m not going to get into specifics on — to their — to their process.

Q: debt ceiling, why doesn’t Biden just call for a meeting? A: It should be done without conditions, no negotiations
Reporter: on the debt ceiling. It’s been 58 days since there was a meeting between the House Speaker and the President on the debt ceiling. You know, we’re talking about the full faith and credit of the United States. We’re talking about, you know, a serious issue. Why not — why doesn’t the President just call for a meeting?

KJP: Yeah, we’re talking – you’re right. We’re talking about the full credit
Reporter: Well, why doesn’t the President just call for a meeting?

KJP: Wait, let me — let me answer. I heard your question. We are talking about the full credit of the — of this nation, which is why we believe that Congress should — should — should not hold — hold this up. It should be done without conditions. There should be no negotiations.

Karine Jean-Pierre Says Biden’s Budget Shows His “Values,” But It Mentions “Fentanyl” Only TWICE
KJP said, “So I’ll say tha … Three weeks, and we have seen nothing from the House Republicans. Nothing.”

Reporter: So you’re saying you want to see, like hard figures before you would sit down —

KJP: I mean, it’s not just us. It’s the American people. We need to see transparency. Where’s the — where’s their budget? … They keep coming up with excuses.

Reporter: And does a comment or quip like this from the Speaker make you guys think he’s serious about talks? (Inaudible.)

KJP: That’s up to him? I mean, he — I mean, he’s speaking to the — to the American people here …

agencies have authority to implement those without any congressional legislation, you’re attacking former admin for rolling it back

Reporter: the bank regulatory proposals the President directed towards the banking agencies today, it was made repeatedly clear that you guys — that the agencies have the authority under law to implement those without any congressional legislation. If that’s the case and if you’re attacking the former administration for rolling it back, why did it take until a crisis to decide that these are —

KJP: Well —

Reporter: — things that needed to be done?

KJP: Well, let me just say: Unfortunately, the Trump administration regulators weakened many important commonsense requirements and supervision for regional

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