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.
Discussion:
The Mahablog, TechCrunch, Raw Story, Financial Times, Words & Deeds, Breitbart and The Information, more at Techmeme »
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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 …
Discussion:
Insider, Washington Examiner, Politico, HuffPost, Fortune, Common Dreams, Forbes, Raw Story, Grid News, Vanity Fair, The Hill, Poynter and Alternet.org
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:
Discussion:
Bloomberg, The White House, The Guardian, TechCrunch, American Prospect, Punchbowl News, The Hill, New York Times, Yahoo Finance, CNBC, Fortune, WFLA-TV, CoinDesk, ICBA, The Daily Caller, Letters from an American, Sacramento Bee, drafts, Reuters, Deseret News, Jacobin, Wolf Street, Reason, Forbes, National Review, Noahpinion, Breitbart, RedState, Wired, Summit News, Apricitas Economics, KXAN-TV, Alternet.org, CalMatters, #OONO, Common Dreams, The Dispatch, Washington Post, Drezner's World, Digby's Hullabaloo, AIER, The Rational Walk, Clean & Green, Los Angeles Times, TechCrunch, The Western Journal, Reuters, Adventus, Financial Times, The Gateway Pundit, CBS News, Outside the Beltway, All Facts Matter, Politico, Senator Alex Padilla, Fox Business, Today's Edition Newsletter, NOQ Report, The Verge, Josh's Substack, Variety, The Hill, Ace of Spades HQ, Deadline, Krassenstein's Democratic … and UPI
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 …
Discussion:
New York Times, The Economist, Financial Times, Washington Post, Forbes, The Times of Israel and Jacobin, more at Techmeme »
Julie Bykowicz / Wall Street Journal:
Barney Frank Pushed to Ease Financial Regulations After Joining Signature Bank Board
Barney Frank Pushed to Ease Financial Regulations After Joining Signature Bank Board
Discussion:
CNBC, The Daily Caller and The Rational Walk
Max Reyes / Bloomberg:
With Signature Bank's Collapse, US Reformer Barney Frank Watches His Own Lender Fail
With Signature Bank's Collapse, US Reformer Barney Frank Watches His Own Lender Fail
Discussion:
New York Post, Washington Examiner, CoinDesk, The Gateway Pundit and Instapundit
Felix Salmon / Axios:
Let the bailout debate begin
Let the bailout debate begin
Discussion:
NOQ Report, HotAir, Washington Examiner, Talking Points Memo, Wall Street Journal, Common Dreams and Rate of Return
Sahil Kapur / NBC News:
Silicon Valley Bank collapse puts new spotlight on a 2018 bank deregulation law
Silicon Valley Bank collapse puts new spotlight on a 2018 bank deregulation law
Discussion:
Insider, Common Dreams, Vanity Fair, Politico, Axios, The Daily Caller, Roll Call, Los Angeles Times, Washington Times, Bloomberg, Alternet.org and PoliticusUSA
Summer Concepcion / NBC News:
Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown
Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown
Discussion:
USA Today, New York Daily News, Washington Post, Reuters, American Greatness, WPRI-TV, New York Post, Fox News, The Hollywood Reporter, Al Jazeera, Wall Street Journal, Breitbart, The Hill, Washington Times, Joe.My.God., CNN, Washington Examiner, CBS News, UPI, Bloomberg, Just The News, IJR, Fox Business and TASS
Yun Li / CNBC:
Regulators close crypto-focused Signature Bank, citing systemic risk
Regulators close crypto-focused Signature Bank, citing systemic risk
Discussion:
New York Times, New Jersey Monitor, Bloomberg, NBC News, The Western Journal, One America News Network, Deseret News, Wall Street Journal, Gothamist, The Daily Caller, Axios, Fortune, CBS News, Fox Business, NOQ Report, Breitbart, Quartz, NBC 5 Dallas-Fort Worth, Jewish Telegraphic Agency, Roll Call, World Socialist Web Site, The Times of Israel, Reuters, Erick Erickson's Show Notes, TechCrunch, Money Guide, Exact Macro Market Monitor, Joe.My.God., Washington Examiner, The Information, Financial Times and The Post Millennial, more at Techmeme »
Jeanna Smialek / New York Times:
SVB Collapse Upsets Expectations for Federal Reserve's Rate Decision
SVB Collapse Upsets Expectations for Federal Reserve's Rate Decision
Discussion:
NBC News, Reason, Kabezo's Newsletter and The Information
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 …
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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
Discussion:
Rolling Stone, CNN, CBS News, Raw Story, Forbes, The Hill, Washington Post, Insider, CNBC, Vanity Fair, UPI, IJR, Progress Pond, Joe.My.God., Bloomberg, Washington Examiner and Just The News
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.
Discussion:
Raw Story, Crooks and Liars and Joe.My.God.
Andy Kessler / Wall Street Journal:
Who Killed Silicon Valley Bank? — WSJ Opinion: What's Up-or Down-with the U.S. Economy?
Discussion:
New York Magazine and Bloomberg
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Philip Bump / Washington Post:
The right offers a reason Silicon Valley Bank failed: Wokeness — There's not much mystery about what happened to cause Silicon Valley Bank (SVB) to fail. As The Washington Post's Julian Mark reported, the bank held a high percentage of government bonds that plunged in value as the Federal Reserve increased interest rates.
Discussion:
PJ Media, The Atlantic, Media Matters for America and The Dispatch
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
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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 …
Discussion:
Fox News, ABC News, The Daily Caller, Alternet.org and Mediaite
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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 Hill and The Floridian
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.”
Discussion:
CNN, PJ Media, Forbes, The Nation, Morning Shots, Ace of Spades HQ, Washington Examiner, The Wrap, Raw Story, RedState, Talking Points Memo, CBS News, UPI, BizPac Review and Digby's Hullabaloo
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David Siders / Politico:
Trump continues to suck the air out of the GOP primary
Trump continues to suck the air out of the GOP primary
Discussion:
Raw Story
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 …
Washington Post:
Biden seeks tension-easing call with China's Xi Jinping — With relations frosty in the wake of spy balloon controversy and with allies' plan to outfit Australia with nuclear submarines, the U.S. president looks to dial down tensions with Beijing — President Biden is seeking to have a call …
Discussion:
Bloomberg and The Daily Caller
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.
Discussion:
New Republic, Raw Story and Washington Monthly
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 …
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 …
Discussion:
CNN, WTOP News, NBC News, National Review, Fox News, Power Line, RedState, TASS, Fortune, New York Times, UPI, Twitchy, Variety, CBS News, MovieWeb, Hong Kong Free Press HKFP, Deadline, Rolling Stone, The Daily Caller, Washington Post, The Hollywood Reporter and 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 …
Discussion:
Reuters, Politico, ZeroHedge News, Associated Press, NPR, New York Post, The Guardian, Semafor and TASS
The Hill:
Zebra bites Ohio man's arm off before being put down — CIRCLEVILLE, Ohio (WCMH) - A man was taken to the hospital Sunday afternoon after a zebra attacked him in Pickaway County, Ohio. — According to an incident report from the Pickaway County Sheriff's Office, deputies were sent around 5:30 p.m …
Discussion:
USA Today, New York Daily News, WCMH-TV, NBC 5 Dallas-Fort Worth, IJR, The Daily Caller and Plain Dealer
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
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:
Washington Examiner, New York Daily News, WTOP News, Gothamist and Joe.My.God.