FDIC To Begin Returning Some Uninsured SVB Deposits As Soon As Monday: Report
The Federal Deposit Insurance Corporation (FDIC), overseeing the emergency breakup of SVB Financial Group (NASDAQ:
Bill Ackman Calls SVB Crisis A ‘Break-the-Buck Moment,’ Says Biden Will Be Blamed ‘If This Goes Down Poorly’
Pershing Square Capital Management’s Bill Ackman is calling out not only the management at Silicon Valley Bank, but also the federal government for not properly monitoring the bank’s activity, leading to the collapse of the SVB Financial Group (NASDAQ: SIVB)
Florida Will Legalize Recreational Marijuana Soon If Voters Have Their Say, New Poll Finds
A new poll conducted by the University of North Florida's (UNF) Public Opinion Research Lab (PORL) revealed that people in the Sunshine State broadly support recreational marijuana legalization.
FDIC Takes Over Silicon Valley Bank: Here Are The Details
Silicon Valley Bank has been closed Friday by the California Department of Financial Protection and Innovation, and the Federal Deposit Insurance Corporation has been appointed as the bank's receiver.
Biden’s Tax Hike Push To Drive Innovation ‘Migration’ To ‘Asia And Elsewhere,’ Predicts Cathie Wood
President Joe Biden, this week, put forward proposals that would help boost tax income to meet the funding needs for the Medicare program.
Fed Assembling Special Crypto Squad As Silvergate Collapse Unnerves Investors
Michael Barr, the Federal Reserve's Vice Chairman for Supervision, said the central bank is taking action to protect the cryptocurrency sector, with the formation of a "specialized team of experts.”
PA Update: Gov. Pushes For Legalization, Reform Bills, Fed Court Rules In Favor Of Weed Workers
Pennsylvania Gov. Josh Shapiro (D) has proposed legalizing and taxing recreational cannabis as part of his 2023-2024 budget request.
Ethereum A Commodity Too? CFTC Chair Thinks It Should Be Added To Gary Gensler’s Bitcoin-Only List
Rostin Behnam, the Chairman of the Commodities and Futures Trading Commission (CFTC) said that Ethereum (CRYPTO: ETH), the second-largest cryptocurrency after Bitcoin (CRYPTO: BTC), is a commod
GOP Bill To Amend Ohio’s Medical Marijuana Program Opposed By Advocates And Dispensary Owners
A bill recently introduced to the Ohio legislature would set up a 13-member medical marijuana (MMJ) oversight commission and a new state agency.
Florida Republicans Propose Six-Week Abortion Ban, Further Narrowing Abortion Access
Florida Republicans introduced a bill to ban abortion after six weeks of pregnancy, offering exemptions for victims of rape and incest cases.