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1:20 PM 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:
RELATED:
Christina Wilkie / CNBC:
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans  — The money to fully reimburse depositors of the collapsed Silicon Valley Bank and the shuttered Signature Bank will be furnished by other banks, not taxpayers, Treasury officials said.
Elizabeth Warren / New York Times:
We Can Prevent More Bank Failures  —  No one should be mistaken about what unfolded over the past few days in the U.S. banking system: These recent bank failures are the direct result of leaders in Washington weakening the financial rules.  —  In the aftermath of the 2008 financial crisis …
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 …
Wall Street Journal:
How Silicon Valley Turned on Silicon Valley Bank  —  The fallout threatens to engulf the startup world—and has exposed a new set of vulnerabilities for the banking system  —  Max Cho found himself in the middle of a bank run while sitting on a shuttle bus in Montana.
Summer Concepcion / NBC News:
Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown  —  President Joe Biden delivered remarks Monday on his administration's efforts to ease uncertainties about the banking system in the wake of the collapse of Silicon Valley Bank last week, the second-largest bank failure in U.S. history.
Rob Wile / NBC News:
Is Silicon Valley Bank getting a government bailout? Not in the 2008 sense.
Francesca Chambers / USA Today:
Banking crisis: President Joe Biden says taxpayer funds won't be used to bailout SVB, Signature bank
New York Times:
Regulators Race to Contain Silicon Valley Bank Fallout and Close Signature Bank
ABC News:
Trump has ‘no plans’ to participate in Manhattan grand jury probe, attorney says  —  Attorney Joe Tacopina spoke with George Stephanopoulos on Good Morning America.  —  Former President Donald Trump has “no plans” to participate in a Manhattan grand jury investigation into a  —  hush money payment
RELATED:
Charlie Savage / New York Times:
Gavel to Pass to New Chief Judge Overseeing Grand Jury in Trump Inquiry  —  James E. Boasberg will take over from Beryl A. Howell as the chief judge of the Federal District Court in Washington, a post that plays a key role in the special counsel investigations into Donald J. Trump.
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.”
RELATED:
David Siders / Politico:
Trump continues to suck the air out of the GOP primary
Discussion: Raw Story
Robert Spencer / PJ Media:
Even as Jan. 6 Narrative Implodes, Pence Still Blames Bad Orange Man for Endangering His Life
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 …
Tim Miller / The Bulwark:
The Colorado GOP's Slow-Rolling MAGA Suicide  —  A MAGA lunatic who tried to legally add “Let's Go Brandon” to his name now leads a decaying state party.  —  It was the early hours of November 5, 1998, well past my bedtime on a school night.  Sister Sledge blared over the house speakers …
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 …
Discussion: Raw Story and Balloon Juice
RELATED:
Jodi Picoult / The Daily Beast:
What Florida Doesn't Want You to Know About Its Book Bans
Discussion: The Hill and Raw Story
Glen Weldon / NPR:
Michelle Yeoh is the first Asian woman to win best actress Oscar  —  For the first time in its 95-year history, the Academy of Motion Picture Arts and Sciences has awarded the Oscar for best actress in a leading role to an Asian woman.  Michelle Yeoh accepted the Oscar for her role …
Marlise Simons / New York Times:
International Court to Open War Crimes Cases Against Russia, Officials Say  —  The cases before the International Criminal Court would accuse Russia of abducting Ukrainian children and of deliberately targeting civilian infrastructure.  —  The International Criminal Court intends to open …
Discussion: The Guardian
David Gilbert / VICE:
An Ivermectin Influencer Died.  Now His Followers Are Worried About Their Own ‘Severe’ Symptoms.  —  Danny Lemoi took a daily dose of veterinary-grade ivermectin and told his thousands of followers to give the drug to children.  He died of a common side effect of the medication.
Public Policy Polling:
Trump and Mastriano have big leads in Pennsylvania Republican Primary for President and Senate  —  A new Public Policy Polling survey of Pennsylvania Republicans finds the party base wanting to continue its recent direction, with Donald Trump and Doug Mastriano holding 18 point leads in the races for President and Senate.
Discussion: Washington Post
Irin Carmon / The Cut:
Let's Talk Barbara Walters  —  Seventeen leading broadcasters on her legacy and making their way in the world she made.  Barbara Walters died on December 30 at the age of 93 during a low ebb in the news cycle.  Her home of 50 years, ABC News, pressed PLAY on a two-hour prime-time special …
David Frum / The Atlantic:
The Iraq War Reconsidered  —  The U.S.-led invasion was a grave and costly error.  But 20 years on, another assessment is possible.  —  Twenty years ago, the United States went to war in Iraq to destroy Saddam Hussein's weapons of mass destruction.  Except for an arsenal of chemical-warfare shells …
New York Times:
‘Russia Outside Russia’: For Elite, Dubai Becomes a Wartime Harbor  —  In the exclusive neighborhoods and palatial shopping malls of the United Arab Emirates' biggest city, wealthy Russians can build a new life without having to cut ties to their home country.
Nate Cohn / New York Times:
Why Fox's Call on Arizona, Which Was Right, Was Still Wrong  —  It was more a risky guess than a sound decision, and easily could have led to a missed call.  —  If you're a subscriber to this newsletter, I'd guess you'd be interested in my colleague Peter Baker's article about the drama …
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:
Biden Administration Approves Huge Alaska Oil Project
 
 
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 More Items: 
Jeffrey M. Jones / Gallup:
Americans' Favorable Rating of Russia Sinks to New Low of 9%
Michelle Yeoh / New York Times:
After Oscars, Let's Focus on Women and Disaster Relief
CBS News:
U.S. government agencies may have been double billed for projects in Wuhan, China, records indicate; probe launched
Discussion: Ace of Spades HQ
Dan Friedman / Mother Jones:
Trump Said He Might Have Let Russia “Take Over” Parts of Ukraine. Fox News Edited It Out.
Christopher Kane / Washington Blade:
White House condemns Pence's homophobic, misogynistic comments
Discussion: The Hill
Politico:
How Democrats disarmed a brewing Senate battle in Michigan
Discussion: Alternet.org
 Earlier Items: 
Public Notice:
Why an indictment may actually boost Trump's campaign
Discussion: USA Today
Brittany Gibson / Politico:
Republicans release top targets of Democratic-held House seats in 2024
Discussion: The Hill and Washington Examiner
 

 
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

Financial Times:
Sources: xAI raised $5B at a $45B valuation, almost double its valuation a few months ago; SpaceX prepares a tender offer that would value the company at $250B+
 
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