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10:30 PM ET, March 12, 2023

memeorandum

 Top Items: 
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:
RELATED:
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 …
New York Times:
Regulators Race to Contain Silicon Valley Bank Fallout and Close Signature Bank  —  The Treasury, Federal Reserve and Federal Deposit Insurance Corporation unveiled a plan to contain fallout from the collapse of Silicon Valley Bank.  —  Federal regulators announced on Sunday that they would ensure …
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 …
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 …
Discussion: Fortune and The Information
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 …
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 …
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.
Matthew Monks / Bloomberg:
FDIC Auction for Failed SVB Underway, Final Bids Due Sunday  —  The Federal Deposit Insurance Corp. kicked off an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afternoon, according to people familiar with the matter.  —  The FDIC is aiming for a swift deal …
CBS News:
Transcript: Treasury Secretary Janet Yellen on “Face the Nation,” March 12, 2023
Washington Post:
Biden will approve Alaska oil project, alongside Arctic protections  —  The administration will approve three pads for the Willow drilling project, according to people familiar with the matter.  The move comes after announcing a new ban on U.S. oil and gas leasing in the Arctic Ocean.
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CNN:
Biden will announce sweeping protections preventing new Arctic drilling ahead of Willow decision
Discussion: The Hill
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
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Wall Street Journal:
China Plans New Middle East Summit as Diplomatic Role Takes Shape  —  Beijing's involvement in the details of dispute between Saudi Arabia and Iran led to a re-establishment of ties  —  When Arab leaders met Xi Jinping at a regional summit in Riyadh last December, the Chinese head …
Vivian Nereim / New York Times:
From ‘Hitler’ to ‘Sharing One Fate’: Saudi-Iran Pact Could Transform the Middle East
Discussion: HotAir
Sarah K. Burris / Raw Story:
A former producer of the largest Fox show calls Trump supporters inbred ‘terrorists’  —  Anyone who has lost a family member to right-wing conspiracy theories knows that Fox News has been a key piece of that.  Now it's being revealed that even Fox execs view their own viewers with the most offensive terms.
RELATED:
Washington Post:
Ex-Trump aide at Fox wrestled with election lies, network's interests
Discussion: Raw Story and New York Times
Dean Obeidallah / The Dean's Report:
If Mike Pence continues his refusal to tell investigators the details of Trump's Jan 6 attack, he must be viewed as complicit  —  Why does the media cheer Pence for doing the bare minimum?!  —  Here we go again: Mike Pence is being praised for simply saying the truth about Donald Trump and the Jan 6 attack.
RELATED:
Stephen Neukam / The Hill:
McCaul says Pence right in condemning Trump for Jan. 6
Politico:
Playbook: Pence goes where no 2024 contender has gone before
Discussion: RedState, Mother Jones and Insider
Kyle Cheney / Politico:
Prosecutors say newly aired Chansley footage paints misleading portrait of his Jan. 6 conduct  —  Prosecutors on Sunday rejected the notion that newly public footage of Jacob Chansley — known as the QAnon Shaman — accompanied by police in the Capitol undercuts his criminal conduct on Jan. 6, 2021.
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 …
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:
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 …
Discussion: The Hill, Fox News and The Guardian
 
 
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 More Items: 
The Guardian:
Florida surgeon general's Covid vaccine claims harm public, health agencies say
Washington Post:
Defending Ukraine's ‘highway of life’ — the last road out of Bakhmut
Discussion: The Guardian and New York Post
Max Greenwood / The Hill:
Republicans brace for Tim Scott's entrance into 2024 race
Discussion: The Daily Caller
CNN:
Norfolk Southern balks at compensating homeowners in East Palestine
Juliana Kim / NPR:
In military academies, 1 in 5 female students said they experienced sexual assault
Discussion: Just The News
Doug Livingston / Akron Beacon Journal:
Two arrested after protesters and supporters clashed at Wadsworth drag queen story hour
 Earlier Items: 
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
Ben Blanchet / HuffPost:
Ex-Trump White House Press Secretary Makes Revealing Claim On Work With Fox News
Discussion: Mediaite
Ellen Knickmeyer / Associated Press:
Saudi Arabia's golf case threatens to spill kingdom secrets
 

 
From Mediagazer:

John Koblin / New York Times:
NBC names Craig Melvin as Hoda Kotb's successor on Today, teaming up with Savannah Guthrie, starting January 13; Melvin has been Today's news anchor since 2018

Mia Sato / The Verge:
Facebook makes Views its primary metric for content, bringing it in line with Instagram; each time a piece of content appears on a screen, it counts as a View

Katie Kilkenny / The Hollywood Reporter:
On Fox News, LA Times owner Patrick Soon-Shiong discussed his new approach to publish “views from both sides”, and said the paper had conflated news and opinion
 
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