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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:
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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 …
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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 …
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CNBC, Wall Street Journal, Washington Examiner, CBS News, Insider, CoinDesk, New York Post, The Information, Reuters, Fortune, Gothamist, Deadline, Financial Times, One America News Network, ABC7, The Post Millennial, Le·gal In·sur·rec·tion, Born Bored/CK News … and National Review, more at Techmeme »
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 …
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Fortune and The Information
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 …
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Wall Street Journal, Axios, The Guardian, Associated Press, Washington Post, National Review, KOIN-TV, Fortune, HotAir, DCReport.org, KTLA, Puck, Politico, East Bay Times, Breitbart, Florida Politics, The Hill and CNBC
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 …
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NBC News, CNBC, Power Line, Wall Street Journal, The Times of Israel, Fortune, RedState, Prada's Newsletter, Gideon's Substack, HotAir, CNN, East Bay Times 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 …
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.
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CBS News, NPR, New York Post, NBC 5 Dallas-Fort Worth, TechCrunch, The Information and Just The News
ABC News:
Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full — The Fed also announced it will make additional funding available. — The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation announced Sunday …
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Bloomberg, Theta Serpentis Vox, The Gateway Pundit, Fortune and Newcomer
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
Transcript: Treasury Secretary Janet Yellen on “Face the Nation,” March 12, 2023
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Associated Press, Wall Street Journal, National Review, The Guardian, New York Daily News, Mediaite, The Hill, Washington Examiner, Engadget, Reuters, Vanity Fair, RedState, NPR, CoinDesk, Joe.My.God., The Gateway Pundit, NBC 5 Dallas-Fort Worth, Politico, TechCrunch, The Daily Beast and Power Line, more at Techmeme »
A.G. Gancarski / Florida Politics:
Ron DeSantis blames Silicon Valley Bank's collapse on DEI
Ron DeSantis blames Silicon Valley Bank's collapse on DEI
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Fox News, Joe.My.God., The Post Millennial and Political Wire
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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Associated Press
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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 …
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Vatican News, eeas.europa.eu, East Bay Times, Common Dreams, New York Post and The Hill
Vivian Nereim / New York Times:
From ‘Hitler’ to ‘Sharing One Fate’: Saudi-Iran Pact Could Transform the Middle East
From ‘Hitler’ to ‘Sharing One Fate’: Saudi-Iran Pact Could Transform the Middle East
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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.
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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.
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Mediaite, Axios, Bloomberg, Raw Story, NPR, HotAir, Breitbart, The Hill, Al Jazeera, Deadline, Associated Press, Insider, CNN, CBS News, Washington Post and Joe.My.God.
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Stephen Neukam / The Hill:
McCaul says Pence right in condemning Trump for Jan. 6
McCaul says Pence right in condemning Trump for Jan. 6
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Fox News, The Western Journal, USA Today, Raw Story, BizPac Review, New York Times, Breitbart, New York Magazine, CBS News, Digby's Hullabaloo, The Wrap, New York Post, New York Daily News, Rolling Stone, Insider, Wall Street Journal, Vanity Fair, The Daily Caller, Washington Examiner, Washington Times, Alternet.org, The Guardian and Political Wire
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.
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Washington Examiner, PoliticusUSA, HotAir and Insider
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.
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George Wright / BBC:
Israel sees one of its biggest-ever protests
Israel sees one of its biggest-ever protests
Discussion:
Bloomberg, Haaretz, The Guardian, The Times of Israel and Al Jazeera
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
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 …
Discussion:
The Hill, Washington Times, PoliticusUSA and Alternet.org
Laura Reiley / Washington Post:
Moooove over: How single-celled yeasts are doing the work of 1,500-pound cows — Cowless dairy is here, with the potential to shake up the future of animal dairy and plant-based milks — BERKELEY, Calif. — The first course was a celery root soup lush with whole milk.
Doug Livingston / Akron Beacon Journal:
Two arrested after protesters and supporters clashed at Wadsworth drag queen story hour — Hundreds of protesters, including armed white supremacists, and LGBT-community supporters descended on Wadsworth's Memorial Park on Saturday as a humanist group tried to put on a drag queen storytelling event for children.