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6:50 PM ET, March 12, 2023

memeorandum

 Top Items: 
Washington Post:
U.S. officials weigh protecting all deposits at Silicon Valley Bank  —  Extraordinary step eyed if plan to sell SVB to another institution fails  —  Federal authorities are seriously considering safeguarding all uninsured deposits at Silicon Valley Bank, weighing an extraordinary intervention …
RELATED:
Board of Governors of the Federal Reserve System:
Joint Statement by Treasury, Federal Reserve, and FDIC  —  Board of Governors of the Federal Reserve System  —  Washington, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:
CBS News:
Transcript: Treasury Secretary Janet Yellen on “Face the Nation,” March 12, 2023  —  The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on “Face the Nation” on Sunday, March 12, 2023.  —  MARGARET BRENNAN: Mark Strassmann, thank you.
Ken Sweet / Associated Press:
Can the chaos from Silicon Valley Bank's fall be contained?  —  Can Washington come to the rescue of the depositors of failed Silicon Valley Bank?  Is it even politically possible?  —  That was one of the growing questions in Washington Sunday as policymakers tried to figure out whether …
Politico:
'There's going to be more': How Washington is bracing for bank fallout  —  The sudden collapse of Silicon Valley Bank has sent shockwaves across Washington, sparking fears that its failure could threaten the financial system and rattle the economy.  —  Lawmakers are scrambling to get information …
A.G. Gancarski / Florida Politics:
Ron DeSantis blames Silicon Valley Bank's collapse on DEI … A.G. Gancarski  —  A.G. Gancarski has written for FloridaPolitics.com since 2014.  He is based in Northeast Florida.  He can be reached at [email protected] or on Twitter: @AGGancarski
New York Times:
Regulators Race to Contain Silicon Valley Bank Fallout  —  Treasury Secretary Janet Yellen sought to reassure the public on Sunday as regulators scrambled.  An auction for the bank was underway.  —  Treasury Secretary Janet L. Yellen said on Sunday that regulators were working throughout …
Jeff Cox / CNBC:
Regulators unveil plan to assure depositors will get money after SVB collapse  —  Banking regulators devised a plan Sunday to backstop depositors and protect financial institutions with money at Silicon Valley Bank, a critical step in stemming a feared panic over the collapsed tech-focused institution.
Discussion: Financial Times and Just The News
NBC News:
Treasury says it will back Silicon Valley Bank deposits  —  The bank, a favorite of tech startups, was shut down Friday amid a run on deposits.  A buyout was widely seen as the best solution amid an unsure sector.  —  The U.S. Treasury on Sunday announced it would back Silicon Valley Bank deposits beyond …
Ken Tran / USA Today:
Treasury Secretary Janet Yellen: No bailout for Silicon Valley Bank, focus is on helping depositors
Martin Pengelly / The Guardian:
McCarthy: January 6 tapes to be ‘slowly’ rolled out to networks besides Fox News  —  Republican House speaker has only let Fox News see the tapes so far, giving access to the primetime host Tucker Carlson  —  The Republican speaker of the US House, Kevin McCarthy, said on Sunday he would …
RELATED:
Associated Press:
Pence says Trump ‘endangered my family’ on Jan. 6
Washington Post:
Ex-Trump aide at Fox wrestled with election lies, network's interests
Discussion: Raw Story
Politico:   Playbook: Pence goes where no 2024 contender has gone before
Jeremy W. Peters / New York Times:
Fox's P.R. Woes May Not Directly Translate to Legal Ones
Discussion: The Hill
Isobel van Hagen / Insider:
Former Vice President Mike Pence openly mocked Donald Trump with a series of pointed jokes ridiculing his former boss
Discussion: CNN and Crooks and Liars
Anshel Pfeffer / Haaretz:
Netanyahu's Response to Iran-Saudi Deal Shows a Growing Detachment From Reality  —  Benjamin Netanyahu's insistence that he is the one leading the Western world's fight against Iran and that peace with the Saudis is within reach shows how disconnected he is both at home and abroad
Discussion: Associated Press
RELATED:
Vivian Nereim / New York Times:
From ‘Hitler’ to ‘Sharing One Fate’: Saudi-Iran Pact Could Transform the Middle East
Discussion: HotAir
Board of Governors of the Federal Reserve System:
Federal Reserve Board announces it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors  —  To support American businesses and households, the Federal Reserve Board on Sunday announced …
Bethany Barnes / Tampa Bay Times:
A Tampa teen was racially harassed by her teacher.  He's bullied students for years.  —  Hillsborough records show allegations ranged from performing a Nazi salute to calling a transgender student a slur. … TAMPA — Until her teacher brought up her race, it had been an otherwise unremarkable …
David Edwards / Raw Story:
‘Ratings were dropping’: Fox News reverses course and allows host to report on Dominion lawsuit  —  Fox News management had a change of heart and allowed host Howard Kurtz to report on Dominion Voting Systems' lawsuit against the network.  —  On a broadcast weeks earlier …
CNN:
Half a million Israelis join latest protest against Netanyahu's judicial overhaul, organizers say  —  Half a million Israelis took to the streets in the tenth consecutive week of protests against plans by the government of Benjamin Netanyahu to overhaul the country's judicial system, organizers claimed.
Discussion: Haaretz and Raw Story
RELATED:
Ben Blanchet / HuffPost:
Ex-Trump White House Press Secretary Makes Revealing Claim On Work With Fox News  —  Stephanie Grisham said she “would get a talking to” for not speaking with Fox News stars ahead of Trump.  —  Grisham, during an interview with CNN's Jim Acosta, weighed in on the news outlet following startling revelations …
Discussion: Mediaite
Chris Megerian / Associated Press:
As Biden weighs Willow, he saves other areas from drilling  —  President Joe Biden will prevent or limit oil drilling in 13 million acres of Alaska and the Arctic Ocean, an administration official said on Sunday.  The announcement, which is expected on Monday, comes as regulators prepare …
 
 
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 More Items: 
Doug Livingston / Akron Beacon Journal:
Two arrested after protesters and supporters clashed at Wadsworth drag queen story hour
Laura Reiley / Washington Post:
Moooove over: How single-celled yeasts are doing the work of 1,500-pound cows
Ayesha Rascoe / NPR:
He was with Emmett Till the night he was murdered. The horror haunts him still
Ian Millhiser / Vox:
No one knows when it is legal to perform medically necessary abortions in Texas
Washington Post:
McCarthy and Jeffries want the House to work. So they started with each other.
Ellen Knickmeyer / Associated Press:
Saudi Arabia's golf case threatens to spill kingdom secrets
 Earlier Items: 
Lou Paskalis / Lou Paskalis on LinkedIn:
Recent revelations emanating from the Dominion Voting Systems defamation lawsuit against Fox Corporation are very troubling and present a moral hazzard for advertisers. …
Joey Cappelletti / Associated Press:
Gun reform coming in Michigan after 2nd school mass shooting
Alayna Treene / CNN:
As Trump embarks on 2024 journey, some longtime allies go their own way
Politico:
‘Little fissures’: The U.S.-Ukraine war unity is slowly cracking apart
Discussion: CBS News
 

 
From Mediagazer:

Greg Stohr / Bloomberg:
Filing: Trump asks SCOTUS to pause the law that could ban TikTok, saying the court should give him time to “pursue a political resolution” of the dispute

CBS News:
Greg Gumbel, a CBS Sports anchor and commentator who covered the NFL and college basketball for more than 20 years, died at 78 of cancer

Youkyung Lee / Bloomberg:
Shares of South Korean entertainment companies related to Squid Game drop 20%+ following a less-than-perfect debut for the new season of the series on Netflix
 
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