On Monday’s broadcast of “CNN News Central,” Senate Majority Whip Sen. Dick Durbin (D-IL) stated that the $13 billion loss that the FDIC is taking on the seizure of First Republic Bank is “$13 billion in taxpayers’ money” that the federal government put
Big Blue Banking and the Democrats plan to stay woke. If and when they go broke, they will bail themselves out with other people’s money. That’s how the rich stay rich and get richer.
On Wednesday’s broadcast of “PBS NewsHour,” Harvard University Economics Professor and former Chief Economist at the International Monetary Fund Ken Rogoff said that the Federal Reserve and Treasury Department have signaled that they’ll “protect depositors, even ones with billions of dollars
Credit Suisse shares tumble after forced merger with another bank rejected. Switzerland’s largest party said it was against a guarantee.
The aftershocks of Silicon Valley Bank’s (SVB) multibillion-dollar collapse reached Asia on Tuesday, as stock indexes in Japan, South Korea, and Hong Kong tumbled by more than two percent.
Warnings have emerged of a wider banking collapse, with a leading financial expert warning that Credit Suisse may be the next to fall.
On Monday’s “CNN Newsroom,” Deputy Assistant Secretary for Economic Policy at the Department of Treasury during the Obama administration and Brookings Institution Senior Fellow Aaron Klein stated that there were bailouts of the depositors of Silicon Valley Bank (SVB) and
India’s small SVC Co-Operative Bank spent the weekend scrambling to reassure depositors it has no connections whatsoever to the imploding Silicon Valley Bank (SVB) of California. In addition to some confusion over their similar names, SVC executives said “social media rumors” have been spreading that linked the two banks together and claimed SVC is also trembling on the verge of collapse.
The U.S. government on Sunday sought to affirm confidence in the U.S. banking system by announcing protection for all depositors in Silicon Valley Bank. Treasury Secretary Janet Yellen approved measures to resolve the failure of Silicon Valley Bank “in a
Former U.N. Ambassador and 2024 Republican presidential candidate Nikki Haley on Sunday rejected any bailouts for the recently shut down Silicon Valley Bank (SVB), saying taxpayers “should absolutely not” rescue it.
Republican presidential candidate Vivek Ramaswamy appeared on Sirius XM’s Breitbart News Saturday and declared he is against a bailout for Silicon Valley Bank, which he called “one of the biggest evangelists of DEI and ESG.”
The Silicon Valley Bank fallout went international with UK and European lenders seeing nearly £30 billion wiped off their portfolios
Madonna is the latest celebrity to join the NFT craze and is using the project to raise money for a national bail fund that springs people from jail.
The UK government has announced another £1 billion in bailouts for the struggling hospitality sector amid concerns over another lockdown.
“The California Legislature on Monday approved a $100-million plan to bolster California’s legal marijuana industry,” reports the far-left Los Angeles Times.
President Joe Biden said during an address Thursday evening that if his $1.9 trillion coronavirus aid bill fails, he will admit it, adding, “but it will not.”
A judge has barred an Arizona man from calling himself a certified public accountant (CPA) after he allegedly secured over $1 million in federal loans while posing as a licensed CPA.
Alfredo Ortiz of Job Creators Network writes in Fox Business that unless Congress passes an extension of the Paycheck Protection Program, the survivability of small businesses is doomed.
New York’s huge illegal-migrant population has been completely impoverished by the coronavirus crash, so it needs a bailout from billionaires says a far left group of open border activists.
Sen. Kamala Harris (D-CA) said during Wednesday night’s vice presidential debate that Democrat presidential candidate Joe Biden is “responsible for saving America’s auto industry.”
Democrat presidential candidate Joe Biden said 20,000 non-unionized Delphi workers “did fine” after they had their earned pensions gutted via the Obama administration’s taxpayer-funded auto bailout of General Motors (GM) in 2009.
The unemployment rate for illegal migrants in the United States reached almost 30 percent during the coronavirus crash, says a California advocacy report that urges a federal bailout for the cities and counties that choose to rely on illegal migrants.
Save the Country Coalition told reporters on a conference call this week that Congress should not bail out the mostly Democrat-controlled states that made bad decisions in responding to the coronavirus outbreak.
A New York City Real Estate CEO is spearheading an effort to ask Mayor Bill de Blasio to restore law and order in the city.
The European Commission has proposed a massive €750 billion (£673bn/$825bn) Wuhan coronavirus bailout package as many across Europe have begun to question the European Union itself.
Norway’s airline Norwegian Air has calmed fears of bankruptcy with new major investments, including one from a corporation linked to the Chinese Communist Party (CCP).
Pakistani Prime Minister Imran Khan on Monday called upon wealthy nations to finance a more extensive rescue package for developing economies in the wake of the coronavirus pandemic.
“How ugly a thought,” Cuomo said. “Just think of what he’s saying.”
Almost three-in-five Democrats want taxpayers to bail out the poverty-stricken communities of illegal immigrants whom they welcomed into the United States, according to an April poll by Ipsos.
U.S. Postmaster General Megan Brennan told a House committee last week that the Postal Service could ‘collapse’ in the wake of the coronavirus pandemic.
A leaked recording of a Kennedy Center conference call reveals employee layoffs were planned before a $25 million bailout from Congress.
The National School Transportation Association demands Congress either require ongoing funds from school districts or a $2.8 billion bailout.
President Trump called on CEOs not to buy back their company stock with federal bailout money, and almost right on cue, Joe Biden called for the same thing soon afterward.
Both the French and Italian governments are considering measures to stem the economic effects of the coronavirus outbreak, including possible nationalisation of major airlines.
The U.S. airline industry is seeking a $50 billion aid package to weather the coronavirus outbreak, according to Airlines for America.
Despite media reports, the oil and gas industry does not seek a bailout in the wake of the coronavirus outbreak.
The Washington Examiner reported Thursday that Rosemont Capital, a company led by Hunter Biden’s business partners, received $130 million in federal bailout loans while Joe Biden was in office as vice president in 2009.
Speaker Pelosi 2.0, offers a do-nothing, tax-and-spend Congress, whose agenda will be to remove Trump — by impeachment if possible, by election if necessary.
Breitbart News Senior Editor-at-Large Peter Schweizer, president of the Government Accountability Institute and author of the best-selling book Clinton Cash, appeared on Thursday’s Breitbart News Daily to give a status report on President Trump’s efforts to “drain the swamp” of Washington corruption.
Capitol Hill conservatives are trying to regroup after Speaker Paul D. Ryan (R.-Wis.) agreed to a plan with President Barack Obama and Minority Leader Nancy Pelosi (D.-Calif.) to put the severely debt-addled territory Puerto Rico into a congressionally-managed receivership.
