Silicon Valley Bank

On Friday’s broadcast of Bloomberg’s “Balance of Power,” Rep. Brad Sherman (D-CA) stated that the FDIC insurance that was used to backstop depositors at Silicon Valley Bank (SVB) and that federal officials have said could be used in the future

Fiscally sound banks will probably sue the Federal Deposit Insurance Corporation (FDIC) for charging them higher fees to offset the bailout of unsound banks, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.

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

On Wednesday’s broadcast of CNN’s “Situation Room,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers said that the failure of Silicon Valley Bank “was a failure

Sixteen Republican Attorneys General are blaming President Joe Biden’s leftist climate and energy agenda for helping to crash a major Silicon Valley bank.

Following the collapse of Silicon Valley Bank, reviews of the company’s internal practices have revealed that loans to insiders tripled to $219 million before the bank failed.

Europe’s banking sector is not in crisis despite the collapse of two major players on the continent, a sector official in France has said.

On Monday’s broadcast of the Fox Business Network’s “Evening Edit,” Rep. Dan Meuser (R-PA) reacted to reporting from The Wall Street Journal that was confirmed by ABC News that the Federal Reserve knew of problems with Silicon Valley Bank (SVB) back in 2019

Job Creators Network (JCN) President and CEO Alfredo Ortiz told Breitbart News that it is now incumbent on Congress to combat inflation by halting spending as the Federal Reserve is likely to put the brakes on rate hikes following the Silicon Valley Bank (SVB) collapse.

In the aftermath of the collapse of Silicon Valley Bank (SVB), the 16th biggest bank in the country, many are left wondering what went wrong. Both current and former employees have stated that the bank’s support of remote work is a contributing factor.

The Federal Deposit Insurance Corporation (FDIC) extended the bidding period for the Silicon Valley Bridge Bank, after “substantial interest from multiple parties” and will continue to operate the Bank to “stabilize” the institution and “market the franchise.”

The House Freedom Caucus said in a statement on Monday that they oppose bailing out the banking industry for what should be considered a failure of regulators not to see the coming crisis.

Actress Sharon Stone told an awards event crowd on Thursday that she lost half her money in the wake of the Silicon Valley Bank failure.

Half of the companies in the U.S. devoted to climate change and biotech banked with the now-failed Silicon Valley Bank (SVB), leaving many of those companies looking for financial backers willing to take on the risk.

On Friday’s broadcast of CNN International’s “Quest Means Business,” Rep. Jim Himes (D-CT) stated that there is blame to be laid on the depositors in Silicon Valley Bank who were backstopped. Himes said, “[W]e saw irresponsibility on the part of

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks argued that the federal government wouldn’t have been so quick to act if Silicon Valley Bank (SVB) was located outside of Silicon Valley and the federal government acted so quickly

On Friday’s “PBS NewsHour,” New York Times columnist David Brooks stated that the federal budget has the same sort of reliance on low interest rates that Silicon Valley Bank (SVB) had and this is especially a problem since “inflation is

On Friday’s broadcast of CNN International’s “First Move,” Harvard University Economics Professor and former Chief Economist at the International Monetary Fund Ken Rogoff wondered how the San Francisco Federal Reserve didn’t know about the problems inside Silicon Valley Bank and

According to Rep. Gary Palmer (R-AL), the chairman of the House Policy Committee, a focus on the so-called woke agenda instead of the traditional duties of banks was part of what led to Silicon Valley Bank and Signature Bank’s downfall.

Bankers at the British branch of the failed Silicon Valley Bank reportedly received bonuses totalling tens of millions of pounds just days after the Bank of England stepped in to help orchestrate a rescue package deal that saw its assets bought up by HSCB for £1.

On Friday’s broadcast of HBO’s “Real Time,” host Bill Maher stated that the collapse of Silicon Valley Bank (SVB) is “connected” to and “the result of” the massive deficit spending during the coronavirus pandemic because the fact that “uncle sugar

As of March 15, the level of borrowings from the Federal Reserve’s liquidity and credit facilities had risen nearly 2,000 percent from the prior week.

The Democratic National Committee (DNC) and President Joe Biden’s presidential campaign stated they would return political donations tied to the collapsed Silicon Valley Bank on Friday, according to USA Today.

By informing the public that their money is only safe in those big banks the Democrat party favors, everyone will deposit their money in the big banks and effectively bankrupt community banks or force them to give up the ghost to the big banks.

SVB Financial Group, the former parent company of the collapsed Silicon Valley Bank, filed for 11 protection on Friday in New York bankruptcy court.

Indian technology minister Rajeev Chandrashekhar said on Thursday that Indian tech startups had over $1 billion worth of deposits in California’s Silicon Valley Bank (SVB) when the bank was shut down by regulators on March 10.

On Thursday’s “Hugh Hewitt Show,” Rep. Ro Khanna (D-CA) stated that there were some companies who had deposits in Silicon Valley Bank (SVB) that were “malpractice” and “financially irresponsible.” Khanna said SVB depositors should have been protected and some of

First Republic Bank was rescued with $30 billion worth of deposits from 11 banks after it faced a falling stock price and fleeing depositors, the Treasury, Federal Reserve, Federal Deposit Insurance Corp., and the Office of the Comptroller of the Currency said in a joint statement Thursday.

Treasury Secretary Janet Yellen told Sen. James Lankford (R-OK) during a Senate Finance Committee hearing on Thursday that Chinese depositors will be made whole while community banks will have to pay higher fees. 

Sen. Mark Warner (D-VA) asked Janet Yellen about censorship of online communications to prevent a “social media internet-based bank run.”

Bloomberg News reported that the rescue talks are being orchestrated by the U.S. government.

The chances of the United States falling into a recession in the next 12 months have increased to 35 percent because of the “near-term uncertainty around the economic effects of small bank stress,” Goldman Sachs warned Thursday.

Credit Suisse announced it would borrow up to 50 billion Swiss francs from the Swiss National Bank in a move to strengthen its liquidity amid dwindling stock prices. 

On Wednesday’s broadcast of NBC’s “MTP Daily,” Rep. Josh Harder (D-CA) argued that covering deposits above the $250,000 limit in the case of Silicon Valley Bank (SVB) means “the genie is out of the bottle” and the limit on deposits

On Wednesday’s broadcast of MSNBC’s “All In,” House Financial Services Committee Ranking Member Rep. Maxine Waters (D-CA) stated that while the uninsured depositors at Silicon Valley Bank deserved to be helped, maybe those “who are thinking that they got special

“I need to make some money,” former Rep. Barney Frank (D-MA) told the Financial Times while defending his role as a board member of Signature Bank, which was shut down by New York state regulators on Sunday.