Federal Reserve Chairman Jerome Powell and the Fed board he dominates would like to raise interest rates further, but the failure of the Silicon Valley Bank (SVC) gives them pause. They know that higher rates would add to the damage they have done already with seven rapid fire rate increases in 2022. Why is the...
The Fed is playing with fire: SVB proves it
Federal Reserve Chairman Jerome Powell and the Fed board he dominates would like to raise interest rates further, but the failure of the Silicon Valley Bank (SVC) gives them pause. They know that higher rates would add to the damage they have done already with seven rapid fire rate increases in 2022. Why is the...
| Date: | Mar. 19, 2023 6:00 PM ET |
| Link: | More at "The Hill" |
| Source: | Just In News | The Hill - thehill.com |
| Category: | Politics |
| Tag: | Federal Reserve |
Topics
Sort by
Filter
Date
Items per page
-
'I am personally sticking with SVB': Prominent tech figures pledge support for bank
After a rollercoaster week for Silicon Valley Bank's customers, some prominent voices in the tech world are now publicly saying they will keep their money with the embattled lender -- and they're urging others to do the same.
Mar. 17, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Feds: Woman charged in Wyoming clinic fire opposes abortion
Authorities say a woman accused of setting fire last year to a Wyoming abortion clinic that was under construction told investigators that she opposes abortion and was experiencing anxiety and nightmares over the facility opening
Mar. 23, 2023 - ABC News: Top Stories - Top stories - Abortion -
Feds: Woman charged in Wyoming clinic fire opposes abortion
Authorities say a woman accused of setting fire last year to a Wyoming abortion clinic that was under construction told investigators that she opposes abortion and was experiencing anxiety and nightmares over the facility opening
Mar. 23, 2023 - ABC News: Health - Health - Abortion -
It’s not just SVB: America’s CEOs are distracted by trying to save the world
Corporations can be a force for good — by creating jobs and producing profits.
Mar. 17, 2023 - Just In News | The Hill - Politics -
San Francisco Fed leader Daly likely not a major player in SVB saga, officials say
San Francisco Fed President Mary Daly's district oversaw the second-largest bank failure in U.S. history.
3 hours ago - US Top News and Analysis - Business - San Francisco -
Ramifications of SVB failure on Fed turned out positive for the stock market, Cramer says
Thanks to the Federal Reserve, the collapse of Silicon Valley Bank has ended up breaking positive for the stock market, Jim Cramer says
Mar. 29, 2023 - US Top News and Analysis - Business -
SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed's Barr testifies
The run on Silicon Valley Bank's deposits this month went far deeper than was initially known.
Mar. 28, 2023 - US Top News and Analysis - Business -
Fed Official: SVB itself was main cause of failure
Fed Official: SVB itself was main cause of failure
Mar. 28, 2023 - GANNETT Syndication Service - Top stories - Federal Reserve -
This is why SVB imploded, says top Fed official
Silicon Valley Bank imploded due to mismanagement and a sudden panic among depositors, a top Federal Reserve official plans to tell lawmakers at a hearing on Tuesday.
Mar. 27, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Federal Reserve -
Fed Official Calls SVB Failure a Case of Mismanagement
Michael Barr, the Fed’s vice chairman for supervision, says the failed bank didn’t manage its interest-rate and liquidity risk.
Mar. 27, 2023 - WSJ.com: US Business - Business - Federal Reserve -
Top Fed official blasts SVB collapse as ‘textbook case of mismanagement’
Michael Barr said US central bank’s board had been briefed on troubles at California lender in mid-February
Mar. 27, 2023 - UK homepage - Business - Federal Reserve -
Fed raised concerns over SVB risk management as early as 2021, Vice Chair Barr says
The Federal Reserve issued warnings to Silicon Valley Bank that its risk-management practices were deficient as early as 2021, over a year before the bank failed.
Mar. 27, 2023 - MarketWatch.com - Top Stories - Business - Federal Reserve -
StanChart chief says Fed’s SVB deposit guarantee a ‘moral hazard’
Bill Winters’ remarks come amid US regulators’ efforts to reassure investors over curbing contagion in financial system
Mar. 24, 2023 - UK homepage - Business -
House Financial Services Chair McHenry won’t take Fed’s word on SVB failure
The head of the House Financial Services Committee pledged Wednesday that his panel "has a very important role to play" in SVB investigation.
Mar. 22, 2023 - MarketWatch.com - Top Stories - Business -
Fed Raised Concerns About SVB's Risk Management in 2019
The central bank issued numerous warnings to SVB, suggesting the bank’s problems were on the radar of its primary federal regulator.
Mar. 19, 2023 - WSJ.com: US Business - Business - Federal Reserve -
Outside the Box: SVB’s collapse exposes the Fed’s massive failure to see the bank’s warning signs
SVB's conduct should have sent alarm bells ringing, but the San Francisco Federal Reserve Bank appears not to have heard them, writes Aaron Klein.
Mar. 18, 2023 - MarketWatch.com - Top Stories - Business -
Icahn urges Fed to keep fighting inflation ‘disease’ after SVB collapse
Comments by activist investor come ahead of US central bank’s rate-setting meeting next week
Mar. 17, 2023 - World - World - Federal Reserve -
Project Syndicate: SVB’s failure proves the U.S. needs tighter banking regulations so that all customers’ money is safe
Ordinary depositors are not supposed to be managing bank risk; they should be able to rely on the regulatory system, writes Joseph Stiglitz.
Mar. 18, 2023 - MarketWatch.com - Top Stories - Business -
Racism claims against Michael Vaughan found 'not proved'
Michael Vaughan is cleared "on balance of probabilities" of using racist language towards former Yorkshire team-mate Azeem Rafiq.
10 hours ago - BBC News - Home - Top stories -
Yorkshire racism allegations: Vaughan cleared, three charges against Hoggard considered proven – live
Vaughan cleared of using racist language, CDC hearing findsCricket Scotland chairman resigns in wake of racism scandalYou can email Tony with your thoughtsNothing yet on the news section of Yorkshire’s website …A lot of people, myself included, ...
13 hours ago - The Guardian - World -
High school students say they've found new way to prove Pythagorean theorem
Two students at a school in New Orleans have presented evidence of a mathematical discovery that scholars have been trying to prove for 2,000 years.
Mar. 30, 2023 - Just In News | The Hill - Politics -
The FDIC Has a Proven Way to Avoid Moral Hazard
In the ’80s, it paid off uninsured depositors at 80%.
Mar. 28, 2023 - WSJ.com: World News - World -
Fox, Dominion argue over legal standards to prove defamation
Lawyers for Fox News and a voting machine company are tangling over the high bar to prove defamation in a $1.6 billion lawsuit that has embarrassed the conservative network over its airing of false claims related to the 2020 presidential election
Mar. 22, 2023 - ABC News: Entertainment - Entertainment -
Semi holding Nvidia proves its a leader in AI software, expanding beyond chips
Nvidia's (NVDA) annual technology developer conference this week has reinforced the Club's view that the chipmaker is fast becoming a software powerhouse.
Mar. 22, 2023 - US Top News and Analysis - Business -
New report proves disparities in PTSD care for Black veterans
A previously unreleased report from the Department of Veterans Affairs shows the disparity in care for Black veterans was as recent as 2017. NBC10 Philadelphia Anchor Lucy Bustamante discusses the document’s findings.
Mar. 20, 2023 - NBC News Politics - Politics