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3:50 PM ET, March 13, 2023

memeorandum

 Top Items: 
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:
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:
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.
Yun Li / CNBC:
Regulators close crypto-focused Signature Bank, citing systemic risk
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
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:
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 …
Summer Concepcion / NBC News:
Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown
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:
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 …
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.
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
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
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
RELATED:
New York Times:   ‘Russia Outside Russia’: For Elite, Dubai Becomes a Wartime Harbor
Andy Kessler / Wall Street Journal:
Who Killed Silicon Valley Bank?  —  WSJ Opinion: What's Up-or Down-with the U.S. Economy?
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.
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
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 …
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 …
David Nakamura / Washington Post:
Hate crimes in U.S. rose to highest-ever level in 2021, FBI says  —  The number represents the most since the federal government began tracking bias-motivated attacks in 1990.  —  Hate crimes in the United States rose in 2021 to the highest level since the federal government began tracking …
Discussion: CNN, CBS News, USA Today and UPI
David Edwards / Raw Story:
Woody Guthrie's family tells Josh Hawley ‘This Land Is Your Land’ not for use by ‘insurrectionists’  —  The family of the author of “This Land Is Your Land” has called on Sen. Josh Hawley (R-MO) to stop using the song's lyrics.  —  The Kansas City Star reported Nora Guthrie …
Discussion: Kansas City Star and 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 …
Discussion: WTOP News, Gothamist and Joe.My.God.
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 …
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 …
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 …
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 …
Hanna Panreck / Fox News:
Kamala Harris won't speak to Elizabeth Warren after ‘pretty insulting’ 2024 snub: report … Vice President Kamala Harris reportedly won't return Sen. Elizabeth Warren's, D-Mass., phone calls after the senator stopped short of endorsing Harris as President Biden's vice president in 2024.
 
 
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 More Items: 
Michael Edison Hayden / Southern Poverty Law Center:
‘Alt-Right’ Disinformation King Faces Trial
Zach Schonfeld / The Hill:
Prosecutors say Tucker Carlson omitted key Jan. 6 footage of ‘QAnon Shaman’
Jonathan Chait / New York Magazine:
The Republican Party May Not Be Fascist, But It's Definitely Getting Fasci-er
Jerry Hendrix / The Atlantic:
The Age of American Naval Dominance Is Over
Discussion: USNI News and Political Wire
Jeff Amy / Associated Press:
Georgia Senate gives final OK to gov.'s school safety bill
Discussion: The Daily Caller
Heather Richards / E&E:
Biden closes Arctic to oil — after Willow
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%
 Earlier Items: 
Michelle Yeoh / New York Times:
After Oscars, Let's Focus on Women and Disaster Relief
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
Politico:
How Democrats disarmed a brewing Senate battle in Michigan
Discussion: Alternet.org
Public Policy Polling:
Trump and Mastriano have big leads in Pennsylvania Republican Primary for President and Senate
Discussion: Washington Post
NBC News:
British PM Rishi Sunak says China is a ‘systemic challenge’ to the world order
Judd Legum / Popular Information:
Florida book bans are not a hoax