Democrats on Capitol Hill are defending their vote for a 2018 banking deregulation bill that President Biden and other members of the party are blaming for last week’s stunning collapse of Silicon Valley Bank and Signature Bank. Forty-nine Democrats — 33 in the House and 16 in the Senate — plus Sen. Angus King (I-Maine),...
Democrats defend deregulation vote amid banking blame game
Democrats on Capitol Hill are defending their vote for a 2018 banking deregulation bill that President Biden and other members of the party are blaming for last week’s stunning collapse of Silicon Valley Bank and Signature Bank. Forty-nine Democrats — 33 in the House and 16 in the Senate — plus Sen. Angus King (I-Maine),...
| Date: | Mar. 18, 2023 5:00 PM ET |
| Link: | More at "The Hill" |
| Source: | Just In News | The Hill - thehill.com |
| Category: | Politics |
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SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions
Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
Mar. 28, 2023 - NYT > Top Stories - Top stories -
SVB collapse blame game, crypto banks fail, and the truth about password safety
Bloomberg Businessweek's Max Chafkin tells "Nightcap's" Jon Sarlin that the run on Silicon Valley Bank suggests venture capitalists are not as smart as they think they are. Plus, crypto podcaster Jacob Silverman discusses why the collapse of two ...
Mar. 16, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Warren unveils bill to repeal Trump-era bank deregulation she says led to SVB, Signature collapses
The bill would lower the asset threshold for banks to qualify for added oversight, which was raised to $250 billion in a 2018 Republican deregulation bill.
Mar. 14, 2023 - US Top News and Analysis - Business -
IOC's Bach defends Russia stance amid pro-Ukraine protest
International Olympic Committee president Thomas Bach has defended his organization’s efforts to create a pathway for Russian and Belarusian athletes to return to competition in a speech in his home country of Germany which took place amid a ...
Mar. 22, 2023 - ABC News: Sports - Sports - Ukraine -
Rep. Jordan defends Trump amid indictment reports
Some Republicans are rushing to former President Donald Trump's defense after he said he's bracing for possible arrest. At a GOP conference in Orlando, Rep. Jim Jordan told reporters that he doesn't think Trump committed a crime. (March 20)
Mar. 20, 2023 - GANNETT Syndication Service - Top stories - Donald Trump -
Democrats eye plan to force vote on gun reforms over GOP opposition
House Democrats are pushing to force votes on tougher gun laws in the wake of Monday's deadly shooting at a Tennessee elementary school, eyeing a procedural gambit that would bring the legislation to the floor despite the opposition of Republican ...
Mar. 28, 2023 - Just In News | The Hill - Politics -
Seven House Democrats mark only 'no' votes on bill requiring State Department reports on Taiwan guidelines
Seven progressive House Democrats voted against a bill on Wednesday that would require periodic reviews and updated reports pertaining to the State Department’s guidelines for U.S. engagement with Taiwan, marking the only opposition to the bill. ...
Mar. 22, 2023 - Just In News | The Hill - Politics -
Oregon Democrats poised to expand voting rights to people in prison
Oregon state Democrats have advanced a bill that would allow people who are incarcerated in the state to vote.
Mar. 21, 2023 - NBC News Politics - Politics -
Oregon Democrats poised to expand voting rights to people in prison
Oregon state Democrats have advanced a bill that would allow people who are incarcerated in the state to vote.
Mar. 21, 2023 - NBC News Top Stories - Top stories -
Senate Democrat calls for increased SNAP card security amid skimming uptick
Sen. Ron Wyden (D-Ore.) is calling on federal officials to beef up the security on cards that low-income families use to buy groceries as they increasingly become victims of theft. Wyden urged the U.S. Department of Agriculture (USDA) to increase ...
Mar. 16, 2023 - Just In News | The Hill - Politics -
Macron’s Government Survives No-Confidence Vote Amid France’s Wrath Over Pensions
Two no-confidence votes failed to oust the cabinet of President Emmanuel Macron over a new law raising the retirement age to 64 from 62.
Mar. 21, 2023 - NYT > World News - World -
Macron’s Government Survives No-Confidence Vote Amid France’s Wrath Over Pensions
Two no-confidence votes failed to oust the cabinet of President Emmanuel Macron over a new law raising the retirement age to 64 from 62.
Mar. 21, 2023 - NYT > Top Stories - Top stories -
Emmanuel Macron survives no-confidence votes amid protests
Trade unions have led strikes against proposed rise in pension age, which is now likely to become lawThe French government has survived two votes of no confidence but Emmanuel Macron continues to face protests and strikes over his decision to use ...
Mar. 20, 2023 - The Guardian - World -
French government narrowly survives no-confidence vote amid backlash over pension changes
The government of French President Emmanuel Macron narrowly survived a no-confidence vote Monday evening.
Mar. 20, 2023 - US Top News and Analysis - Business - France -
North Sea oil and gas workers vote to strike amid bumper profits
Series of actions planned this spring as union members call for more pay since firms are ‘raking it’Oil and gas workers have voted in favour of a series of large-scale North Sea strikes amid bumper profits for fossil fuel firms.About 1,400 workers ...
Mar. 20, 2023 - The Guardian - World -
The Ratings Game: Netflix could be seeing ‘significantly stronger’ user growth amid password crackdown
Netflix Inc. shares were continuing their rally Friday amid building optimism for the company's password-sharing crackdown.
Mar. 25, 2023 - MarketWatch.com - Top Stories - Business - Netflix -
Monetary policy is not solely to blame for this banking crisis
It’s a fallacy to suppose there is a simple solution to the failings of our financial systems and economies
Mar. 28, 2023 - UK homepage - Business -
Rep. Ro Khanna defends fundraiser at David Sacks’s home after supporting Silicon Valley Bank bailout
U.S. Rep. Ro Khanna is defending plans for a fundraiser at the home of a venture capitalist in the wake of advocating for intervention for Silicon Valley Bank
Mar. 22, 2023 - MarketWatch.com - Top Stories - Business -
FACT FOCUS: Claims blame ‘woke’ policies on bank’s demise
Some social media users are honing in on a single culprit that led to the demise of Silicon Valley Bank: its socially aware, or “woke,” agenda
Mar. 16, 2023 - ABC News: Technology - Tech -
Yellen Defends Efforts to Stabilize Banking System
The Treasury secretary said U.S. banks are “sound” but that regulators feared the collapse of Silicon Valley Bank could have led to other runs.
Mar. 16, 2023 - NYT > Top Stories - Top stories -
Barney Frank defends decision to join Signature Bank board before failure
Barney Frank, the former congressman from Massachusetts who helped design the landmark banking safety legislation after the 2008 economic crisis, defended his involvement with the now-defunct Signature Bank, which was taken over by New York state ...
Mar. 16, 2023 - Just In News | The Hill - Politics -
Florida Gov. Ron DeSantis blames Silicon Valley Bank's diversity initiatives and federal regulators for crisis
In the wake of Silicon Valley Bank's demise, Florida Gov. Ron DeSantis pointed fingers at several culprits, including the company's diversity initiatives and federal regulators who he said "always seem to whiff" at preventing a financial crisis.
Mar. 15, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Florida -
Barney Frank defends role at Signature Bank: ‘I need to make money’
Ex-congressman behind landmark banking law says he has no regrets about joining failed lender’s board
Mar. 15, 2023 - UK homepage - Business -
Deutsche Bank shares drop amid global jitters over banks
Shares in Deutsche Bank, Germany’s largest lender, have fallen sharply and dragged down major European banks as fears about the global financial system send fresh shudders through the market
Mar. 24, 2023 - ABC News: International - World -
Regional banks continue steep declines amid banking crisis
A number of regional banks continued to see steep declines in their share prices on Wednesday in the wake of the abrupt failure of Silicon Valley Bank late last week that rattled investors and undercut confidence in the U.S. banking system. San ...
Mar. 15, 2023 - Just In News | The Hill - Politics