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8:35 AM ET, March 13, 2023

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 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:
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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 …
Rob Wile / NBC News:
Is Silicon Valley Bank getting a government bailout?  Not in the 2008 sense.  —  Federal officials insisted their emergency measures to shore up deposits wouldn't come at taxpayers' expense.  But the public could still bear some indirect costs, one expert warned.
Yun Li / CNBC:
Regulators close crypto-focused Signature Bank, citing systemic risk  —  U.S. regulators on Sunday shut down New York-based Signature Bank, a big lender in the crypto industry, in a bid to prevent the spreading banking crisis.  —  “We are also announcing a similar systemic risk exception for Signature Bank …
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 …
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 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 …
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 …
Wall Street Journal:
The Silicon Valley Bank Bailout
Associated Press:
Yellen says no federal bailout for Silicon Valley Bank
Adam Wren / Politico:
Inside Pence world's decision to go hard at Trump at the Gridiron  —  The Friday after Jan. 6, 2021, then-Vice President Mike Pence sat down for his daily devotions, thumbed his Bible to the New Testament and James 1:19, and read these words: “Be quick to listen, slow to speak and slow to become angry.”
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David Siders / Politico:
Trump continues to suck the air out of the GOP primary  —  It wasn't long ago that many Republicans believed the party might finally be ready to move past former President Donald Trump.  Nikki Haley was running for president.  Florida Gov. Ron DeSantis was embarking on a book tour …
Discussion: Raw Story and Political Wire
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
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.
RELATED:
Lisa Friedman / New York Times:
Administration to Approve Huge Alaska Oil Project on Monday, Two Officials Say
CNN:
Biden will announce sweeping protections preventing new Arctic drilling ahead of Willow decision
Discussion: The Hill
Keith Zhai / Wall Street Journal:
China's Xi to Speak to Zelensky, Meet Next Week With Putin  —  Virtual meeting between Chinese and Ukrainian leaders would be first since start of war  —  Watch: China's Xi Jinping Secures Unprecedented Third Term as President … SINGAPORE—Chinese leader Xi Jinping plans to speak …
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Anshel Pfeffer / Haaretz:
Netanyahu's Response to Iran-Saudi Deal Shows a Growing Detachment From Reality
Judd Legum / Popular Information:
Florida book bans are not a hoax  —  For months, Popular Information has documented how thousands of books have been removed from the shelves of Florida school libraries or have otherwise been made unavailable to Florida students.  These actions were taken in response to new laws …
RELATED:
Jodi Picoult / The Daily Beast:   What Florida Doesn't Want You to Know About Its Book Bans
Ed Pilkington / The Guardian:
Fox News braces for more turbulence as second defamation lawsuit advances  —  New York court greenlights $2.7bn suit against news channel by election company Smartmatic over 2020 presidential election lies  —  As Rupert Murdoch's Fox Corporation battles to contain the Dominion lawsuit scandal …
Discussion: Raw Story
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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.
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.
Jose Luis Gonzalez / Reuters:
Hundreds of migrants try to force their way into US at Mexico border  —  U.S. officials stopped hundreds of mostly Venezuelan migrants entering the country from Mexico on Sunday after a large group broke through Mexican lines to demand asylum in the U.S., only to be thwarted by barbed wire, barriers and shields.
Olivia Beavers / Politico:
A third former House GOP candidate alerted to unapproved military records request  —  A Democratic-aligned firm made a failed attempt to obtain personal information from the Army National Guard on at least one House Republican candidate, according to a document obtained by POLITICO.
 
 
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 More Items: 
The Daily Beast:
Kevin McCarthy's Bind: Bipartisan Achievements or Partisan Purity
Discussion: Raw Story and BizPac Review
Reuters:
U.S. not negotiating new Venezuela prisoner swap despite appeal, say U.S. officials
Josh Kraushaar / Axios:
Senate GOP's 2024 landmines
Discussion: Political Wire
David French / New York Times:
Don't Let the Culture War Degrade the Constitution
Discussion: RedState
Jason Willick / Washington Post:
What the misinformation scare reveals about faith in democracy
 Earlier Items: 
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
Laura Reiley / Washington Post:
Moooove over: How single-celled yeasts are doing the work of 1,500-pound cows
Discussion: Morning Consult
 

 
From Techmeme:

Shakeel Hashim / Transformer:
Musk v. Altman: email shows Brockman and Sutskever had concerns about Altman in 2017, Musk claims Altman proposed OpenAI sell its own cryptocurrency, and more

Jay Peters / The Verge:
Bluesky says it has “no intention” of taking user content to train AI tools, ahead of X implementing new terms of service that let it train AI on user content

Yifan Yu / Nikkei Asia:
Biden admin finalizes its $6.6B CHIPS Act grant to TSMC; money will be disbursed in stages and TSMC is expected to receive at least $1B by the end of 2024
 
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