Another major U.S. bank has collapsed—the third in just two months. What happened to First Republic Bank, and what does the Biden administration say about the impact on taxpayers? As the GOP primary field becomes more crowded, we hear from one of the latest candidates to join the race—Larry Elder. Find out what his vision…
Biden: Banking Sector ‘Safe’ Despite First Republic Failure
May 1, 2023
admin
bank collapseCapitol ReportChinaEpochTVFirst Republic BankIsraelKevin McCarthyLarry Elderreligious freedomUSUS NewsWisconsin
0 Comment
The Federal Reserve Makes Bankers Rich
Commentary The Federal Reserve creates booms and busts that make banks richer and leave citizens holding the bag. In March 2023, the U.S. Treasury approved the provision of at least $300 billion worth of loans to Silicon Valley Bank (SVB) and other banks. Treasury Secretary Janet Yellen assured the public that this was not a…
Should You Be Worried About Your Money in the Bank?
On the off chance you haven’t been paying attention to world news, several banks in the U.S. collapsed (gone broke, busted, washed up, taken down, bankrupt) in recent days. Now, others here and abroad appear to be threatening to follow suit. In A Nutshell What this means is that these failed banks accepted customers’ deposits,…
Silicon Valley Bank and the Soft Pivot of Our Weak-Kneed Fed
March 23, 2023
admin
bank collapsebanking crisisFDICFederal Reservefinancial crisisOpinionquatitative easingSilicon Valley Bank CollapseU.S. economyViewpoints
0 Comment
Commentary Old habits die hard for the folks over at the Federal Reserve, who immediately rung in the 2023 financial crisis with what will in due time be recalled as the fifth round of quantitative easing, the Fed’s preferred term for monetary expansion. It’s now apparent that the Fed currently finds itself between a proverbial…
House Freedom Caucus Opposes Unlimited Bank Deposit Guarantees
House conservatives have voiced their opposition to any increased guarantees on bank deposits, which comes amid debate on whether expanding deposit insurance coverage is needed to stem a financial crisis marked by a drain of uninsured deposits away from smaller and regional banks. A crisis of confidence in the banking sector was touched off earlier…
The Swiss Banking Sector: More Holes than Swiss Cheese
March 20, 2023
admin
Australiabank collapseBusiness & MarketsCredit SuisseeconomyEuropefinancial crisisInternationalMarketsOpinionViewpointsWorld
0 Comment
Commentary When someone says Switzerland, you might think of clocks and banks. All because of the country’s reputation for producing a high-quality products in all these areas of endeavour. Well, it’s time to think again as the clock is ticking, if not tocked, on Switzerland’s banking sector. Credit Suisse, which had an enviable reputation as…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta