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5:55 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 …
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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.
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 …
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
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.
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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 …
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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
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?
Discussion: New York Magazine and Bloomberg
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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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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:
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Yun Li / CNBC:
Regulators close crypto-focused Signature Bank, citing systemic risk
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 …
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Alex Isenstadt / Politico:
Trump lashes out at DeSantis, says he regrets his endorsement of him  —  Former President Donald Trump is intensifying his attacks on Florida Gov. Ron DeSantis, calling him disloyal and saying that his political career would have been over had he not endorsed his ultimately successful 2018 campaign.
Discussion: The Daily Caller
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Shelby Talcott / Semafor:   Ron DeSantis sure looks like a presidential candidate
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.”
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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 Hill and The Floridian
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.
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 …
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 …
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 …
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
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 and Alternet.org
 
 
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 More Items: 
Christopher Cadelago / Politico:
Newsom's former chief is repping Walgreens in abortion pill fight
Discussion: Washington Examiner
The White House:
FACT SHEET: Trilateral Australia-UK-US Partnership on Nuclear-Powered Submarines
Erik Wemple / Washington Post:
Fox News fears competitors will steal its ‘journalistic processes’
Michael Edison Hayden / Southern Poverty Law Center:
‘Alt-Right’ Disinformation King Faces Trial
Discussion: Joe.My.God.
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
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
Tim Miller / The Bulwark:
The Colorado GOP's Slow-Rolling MAGA Suicide
Discussion: Raw Story and Colorado Politics