White House pressed to expand deposit guarantee to steady banks

Regulators’ intervention in crisis has so far failed to calm nerves
Mar. 19, 2023 - World - World

House conservatives voice opposition to any increased guarantees on bank deposits

The House Freedom Caucus voiced their disapproval on Monday to any increased guarantees on bank deposits, a proposal that has gained traction in recent weeks since the collapse of two major U.S. banks. Members of the House Freedom Caucus released ...
Mar. 20, 2023 - Just In News | The Hill - Politics

Bank shares slide as Yellen plays down ‘blanket’ deposit guarantee

US Treasury secretary says Biden administration is not considering a move to broaden insurance for lenders
12 hours ago - UK homepage - Business

Feds mull unlimited deposit guarantees if bank crisis worsens: report

Treasury Department officials are considering ways to temporarily expand federal guarantees on all bank deposits in case the crisis gripping the banking industry worsens, according to a new report.
Mar. 20, 2023 - MarketWatch.com - Top Stories - Business

Fed loans, account guarantees helped stabilize 'deposit flows' at regional banks, Treasury official says

The markets still haven't fully priced in the federal aid or the $30 billion 11 banks deposited into First Republic Bank to boost confidence into the system.
Mar. 17, 2023 - US Top News and Analysis - Business - Federal reserve

Guarantee for all bank deposits should be on the table, ex-FDIC chief Bair says

U.S. authorities should ask for a 'blanket backstop' against uninsured deposits if they see a systemic problem, a former top regulator said Friday.
Mar. 17, 2023 - MarketWatch.com - Top Stories - Business

Deposits at Silicon Valley Bank to be fully guaranteed, U.S. government says

All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
Mar. 12, 2023 - Home - CBSNews.com - Top stories

US guarantees all deposits after Silicon Valley Bank collapse, as Biden promises action

Announcement comes as Signature Bank was closed on Sunday by regulators – the second to fail in a weekUS financial regulators rolled out emergency measures Sunday night to stem potential contagion from the collapse of Silicon Valley Bank. The ...
Mar. 12, 2023 - The Guardian - World - Joe biden

What to know about bank deposits and the FDIC Deposit Insurance Fund

The two banks suddenly collapsed last week, but the federal government quickly said that depositors would not lose their money.
Mar. 16, 2023 - Home - CBSNews.com - Top stories

Watch live: White House press briefing

White House press secretary Karine Jean-Pierre will hold a press briefing Tuesday afternoon. The briefing comes after President Biden issued his first veto on Monday, striking down a measure that would have prohibited retirement fund managers from ...
Mar. 21, 2023 - Just In News | The Hill - Politics

White House, reporters push back on disruptive journalist at press briefing

A White House press briefing featuring the cast of “Ted Lasso” was briefly derailed on Monday after a correspondent and frequent disruptor repeatedly interjected, prompting pushback from the White House Correspondents Association and other ...
Mar. 20, 2023 - Just In News | The Hill - Politics

Watch live: White House press briefing

White House press secretary Karine Jean-Pierre is slated to speak with reporters Thursday afternoon in a press briefing. The briefing comes after The White House condemned North Korea for launching an intercontinental ballistic missile test just ...
Mar. 16, 2023 - Just In News | The Hill - Politics

Watch live: White House press briefing

Mar. 16, 2023 - Yahoo News - Latest News & Headlines - World

Watch live: White House press briefing

White House press secretary Karine Jean-Pierre on Monday will brief reporters aboard Air Force One as they travel with President Biden to San Diego. While there, Biden will meet with Australian Prime Minister Anthony Albanese and British Prime ...
Mar. 13, 2023 - Just In News | The Hill - Politics

COVID and health policy press aide to leave White House

Assistant White House press secretary Kevin Munoz, who worked on messaging on the coronavirus pandemic and other health policy issues, is set to leave his post. Munoz will leave later this month, a White House official confirmed to The Hill. In ...
Mar. 10, 2023 - Just In News | The Hill - Politics - Covid

Watch live: White House press briefing

White House press secretary Karine Jean-Pierre, Office of Management and Budget Director Shalanda Young, and Council of Economic Advisers Chairwoman Cecilia Rouse will speak with reporters Friday afternoon in a joint press briefing. The briefing ...
Mar. 10, 2023 - Just In News | The Hill - Politics

Some Lawmakers Explore Expanding Deposit Insurance

After two banks collapsed this month, some lawmakers and banks are discussing whether to expand deposit insurance.
18 hours ago - WSJ.com: US Business - Business

Flagstar Bank to take over most of Signature Bank’s deposits, FDIC says

Flagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.
Mar. 19, 2023 - MarketWatch.com - Top Stories - Business

FDIC transfers all deposits of Silicon Valley Bank to newly created bridge bank

The FDIC has moved to protect all depositors of the former Silicon Valley Bank.
Mar. 13, 2023 - MarketWatch.com - Top Stories - Business

MarketWatch: Hedge funds and banks offer to buy deposits trapped at Silicon Valley Bank

Some hedge funds and banks are offering to buy deposits trapped at the failed Silicon Valley Bank, according to reports on Saturday.
Mar. 11, 2023 - MarketWatch.com - Top Stories - Business

White House economy official talks bank failures, high inflation

Bharat Ramamurti, deputy director for the National Economic Council, joins Lana Zak and Errol Barnett ahead of the Federal Reserve's decision on interest rates. He discusses the Biden administration's response to recent bank failures and ...
20 hours ago - Home - CBSNews.com - Top stories

Biden White House closely watching Federal Reserve following bank failures

• Analysis: The bank panic may not be over. It all depends on the Fed • Opinion: Republicans say ESG investing is 'woke.' Here's why they're wrong
Mar. 22, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Joe biden

White House focuses on banking system, release of American held captive in Niger

The Biden administration is welcoming the release of a U.S. aid worker freed after being held captive in Niger for more than 6 years. This comes as the White House grapples with a banking crisis and concerns over Russia. CBS News senior White ...
Mar. 20, 2023 - Home - CBSNews.com - Top stories

White House eyes accountability for Silicon Valley Bank collapse

The White House is exploring additional ways to ensure accountability for those who were responsible for the collapse of Silicon Valley Bank.
Mar. 15, 2023 - NBC News Politics - Politics

White House eyes accountability for Silicon Valley Bank collapse

The White House is exploring additional ways to ensure accountability for those who were responsible for the collapse of Silicon Valley Bank.
Mar. 15, 2023 - NBC News Top Stories - Top stories

Date:	Mar. 19, 2023 2:23 PM ET
Link:	More at "Financial Times"
Source:	UK homepage - ft.com
Category:	Business

White House pressed to expand deposit guarantee to steady banks

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