Check out Mini-memeorandum for simple mobiles or memeorandum Mobile for modern smartphones.
12:25 PM ET, March 13, 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:
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 …
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.
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.
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.
Bloomberg:
SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback
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
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  —  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
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 …
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
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
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 …
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
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
Public Notice:
Why an indictment may actually boost Trump's campaign  —  Trump claims being indicted is likely to enhance his numbers.  For once he's not lying.  —  I've long said I'll believe Trump is getting indicted when it happens, and not a second before.  That moment isn't here yet …
RELATED:
Chris Geidner / Law Dork with Chris Geidner:
Texas judge ignores his own rules to keep mifepristone case moves hidden from public
Discussion: Reuters and Off the Kuff
Washington Post:
Biden celebrates Aussie nuke deal that angered France  —  Welcome to The Daily 202!  Tell your friends to sign up here.  On this day in 1933, American banks reopened after a week-long “holiday” that President Franklin D. Roosevelt had declared to stem a national bank run.  —  The big idea
Politico:
How Democrats disarmed a brewing Senate battle in Michigan  —  What looked at first like a Democratic free-for all for Michigan's open Senate seat is nearly over already.  Which is exactly what Debbie Stabenow and Senate Majority Leader Chuck Schumer wanted.
 
 
 Archived Page Info: 
This is a snapshot of memeorandum at 12:25 PM ET, March 13, 2023.

View the current page or another snapshot:


 
 See Also: 
memeorandum: site main
memeorandum River: reverse chronological memeorandum
memeorandum Mobile: for phones
memeorandum Leaderboard: memeorandum's top sources
 
 Subscribe: 
memeorandum RSS feed
memeorandum on Mastodon
 
 
 More Items: 
David Frum / The Atlantic:
The Iraq War Reconsidered
Nate Cohn / New York Times:
Why Fox's Call on Arizona, Which Was Right, Was Still Wrong
New York Times:
‘Russia Outside Russia’: For Elite, Dubai Becomes a Wartime Harbor
Lara Seligman / Politico:
PETA urges Pentagon to stop ‘disturbing’ radiation tests on ferrets, monkeys
Discussion: PETA
Brittany Gibson / Politico:
Republicans release top targets of Democratic-held House seats in 2024
Discussion: The Hill and Washington Examiner
Jordain Carney / Politico:
House GOP launches investigation into DHS' domestic intelligence gathering
 Earlier Items: 
The Daily Beast:
Kevin McCarthy's Bind: Bipartisan Achievements or Partisan Purity
Discussion: Raw Story and BizPac Review
Olivia Beavers / Politico:
A third former House GOP candidate alerted to unapproved military records request
Jason Willick / Washington Post:
What the misinformation scare reveals about faith in democracy
Doug Livingston / Akron Beacon Journal:
Two arrested after protesters and supporters clashed at Wadsworth drag queen story hour
 

 
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
 
Sister Sites:

Techmeme
 Top news and commentary for technology's leaders, from all around the web
Mediagazer
 Top news and commentary for media professionals from all around the web
WeSmirch
 The top celebrity news from all around the web on a single page