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5:15 PM ET, March 13, 2023

memeorandum

 Top Items: 
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 …
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.
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:
Max Reyes / Bloomberg:
With Signature Bank's Collapse, US Reformer Barney Frank Watches His Own Lender Fail  —  It was a seemingly unthinkable scene: Barney Frank, co-author of the Dodd-Frank Act, the radical overhaul of the banking system after the 2008 global financial crisis, was having his very own Dick Fuld moment.
Bloomberg:
SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback  —  Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street.  —  As chief executive officer of SVB Financial Group, he urged Congress to pass legislation …
Julie Bykowicz / Wall Street Journal:
Barney Frank Pushed to Ease Financial Regulations After Joining Signature Bank Board
Sahil Kapur / NBC News:
Silicon Valley Bank collapse puts new spotlight on a 2018 bank deregulation law
Summer Concepcion / NBC News:
Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown
Yun Li / CNBC:
Regulators close crypto-focused Signature Bank, citing systemic risk
Edward Ongweso Jr / Slate:
The Incredible Tantrum Venture Capitalists Threw Over Silicon Valley Bank  —  If the technological innovation coming out of Silicon Valley is as important as venture capitalists insist, the past few days suggest they haven't been very responsible stewards of it.
RELATED:
Wall Street Journal:
How Silicon Valley Turned on Silicon Valley Bank
Jeet Heer / The Nation:
Silicon Valley Learns to Love Socialism for the Rich
Jose Pagliery / The Daily Beast:
Trump Grand Jury Moves Into Final Phase as Key Witnesses Testify  —  A Manhattan District Attorney investigation into Donald Trump looks to be in its final stages as major witnesses testify before a grand jury—potentially including Trump himself.  —  New Yorkers on a grand jury …
RELATED:
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
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.
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.
Andy Kessler / Wall Street Journal:
Who Killed Silicon Valley Bank?  —  WSJ Opinion: What's Up-or Down-with the U.S. Economy?
RELATED:
Philip Bump / Washington Post:
The right offers a reason Silicon Valley Bank failed: Wokeness
New York Times:
House Republicans Quietly Halt Inquiry Into Trump's Finances  —  G.O.P. leaders are declining to enforce a court-supervised settlement for Mazars, Donald J. Trump's former accounting firm, to turn over records in an investigation into whether he profited from the presidency.
Discussion: Washington Post and USA Today
RELATED:
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: Washington Examiner and Raw Story
Christopher Kane / Washington Blade:
White House condemns Pence's homophobic, misogynistic comments  —  Press Secretary Karine Jean-Pierre said former vice president ‘should apologize’  —  White House Press Secretary Karine Jean-Pierre (Washington Blade file photo by Michael Key)  —  White House Press Secretary Karine Jean-Pierre issued …
RELATED:
JAMA Network:
The New Crisis of Increasing All-Cause Mortality in US Children and Adolescents  —  Steven H. Woolf, MD, MPH1; Elizabeth R. Wolf, MD, MPH2; Frederick P. Rivara, MD, MPH3,4  —  Although life expectancy in industrialized countries has lengthened over the past century, increases …
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
Tessa Stuart / Rolling Stone:
21 South Carolina GOP Lawmakers Propose Death Penalty for Women Who Have Abortions  —  It's not just a lone extremist: The bill has 21 co-sponsors in the state's House of Representatives … The “South Carolina Prenatal Equal Protection Act of 2023” would amend the state's code of laws …
Discussion: The Floridian
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 …
Kimberly Wehle / The Atlantic:
The Supreme Court Just Keeps Deciding It Should Be Even More Powerful  —  Whatever conservative ethos of restraint there once was has vanished.  —  By its own maneuvering, the modern Supreme Court has made itself the most powerful branch of government.  Superior to Congress.  Superior to the president.
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 …
Brady Dennis / Washington Post:
Retreat in Rodanthe  —  Along three blocks in a North Carolina beach town, severe erosion is upending life, forcing hard choices and offering a glimpse of the dilemmas other coastal communities will face  —  RODANTHE, N.C. — Early last year, a house crumbled into the sea …
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 and Alternet.org
Michael Edison Hayden / Southern Poverty Law Center:
‘Alt-Right’ Disinformation King Faces Trial  —  Jury selection started today in the trial of 33-year-old Douglass Mackey, a man who prolifically spread hate and politically charged disinformation under the pseudonym “Ricky Vaughn” during Donald Trump's political rise.
Discussion: Joe.My.God.
Patrick McGeehan / New York Times:
Plans to Build AirTrain to La Guardia Are Officially Scrapped  —  Ballooning costs help doom what had been a pet project of former Gov. Andrew M. Cuomo.  —  There will be no AirTrain to La Guardia Airport.  —  Gov. Kathy Hochul has abandoned plans to build a light-rail link to La Guardia …
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 …
Discussion: Raw Story and Colorado Politics
 
 
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 More Items: 
Shelby Talcott / Semafor:
Ron DeSantis sure looks like a presidential candidate
Erik Wemple / Washington Post:
Fox News fears competitors will steal its ‘journalistic processes’
more at Mediagazer »
Atlanta Journal-Constitution:
The Jolt: GOP infighting roils county party elections
Zach Schonfeld / The Hill:
Prosecutors say Tucker Carlson omitted key Jan. 6 footage of ‘QAnon Shaman’
Jerry Hendrix / The Atlantic:
The Age of American Naval Dominance Is Over
Discussion: USNI News and Political Wire
 Earlier Items: 
Wall Street Journal:
KPMG Gave SVB, Signature Bank Clean Bill of Health Weeks Before Collapse
Jeffrey M. Jones / Gallup:
Americans' Favorable Rating of Russia Sinks to New Low of 9%
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
Discussion: HotAir
Irin Carmon / The Cut:
Let's Talk Barbara Walters
Public Policy Polling:
Trump and Mastriano have big leads in Pennsylvania Republican Primary for President and Senate
 

 
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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