Mike Pence and Bernie Sanders are hardly political allies. But after two large bank failures, the conservative former vice president and the democratic socialist senator are striking remarkably similar tones.
The first Republican presidential primaries are nearly a year away and the candidate field is unsettled. But already, a shadow contest of another sort is underway with several Republicans openly jockeying to position themselves as potential running mates to Donald Trump.
The warning signs were all there. Yet supervisors at the Federal Reserve Bank of San Francisco and the state of California did nothing as the bank rolled over the cliff.
The post early Saturday on Trump's Truth Social network comes as a New York prosecutor is eyeing charges in a case examining hush money paid to women who alleged sexual encounters with Trump.
President Joe Biden faces tension as he balances honoring his promises on climate change with meeting the nation's energy needs.
The Biden administration’s approval this week of the biggest oil drilling project in Alaska in decades promises to widen a rift among Alaska Natives, with some saying oil money won’t replace what climate change is taking away and others defending the project as vital to maintaining their sub…
Treasury Secretary Janet Yellen is firmly reassuring Congress and the nation that the U.S. banking system remains sound. On Thursday, Yellen was the first Biden administration official to face lawmakers over Treasury's decision to protect uninsured money at two failed regional banks in Calif…
The $1 trillion American defense budget is in sight. The U.S. government will spend that much on defense soon — maybe within just a couple of years, if recent trends continue.
Wall Street Journal: First Republic Bank talking to JPMorgan and Morgan Stanley about a lifeline
"A lot of people are right now auditioning," Trump boasted to supporters in Florida last month.
What made the failure of Silicon Valley Bank unique compared to past failures of large banks was how quickly it collapsed. Last Wednesday afternoon, the $200 billion bank announced a plan to raise fresh capital; by Friday morning it was insolvent and under government control. Regulators, policymakers and bankers are looking at the role that digital messaging and social media may have played in the collapse, and whether banks are entering an age when the psychological behavior behind a bank run _ mass fear from depositors of losing their savings _ may be amplified and go viral quicker than bank officers and regulators can successfully respond.
The U.S. response to the war in Ukraine is becoming a litmus test for the Republican presidential primary.
Women who get an abortion in South Carolina would be eligible for the death penalty if a proposal at the State House becomes law.
It was a frenetic weekend of nonstop briefings with regulators, lawmakers, administration officials and President Joe Biden himself about how to handle the demise of the nation's 16th-biggest bank.
U.S. Sen. Lindsey Graham, R-S.C., on Florida Gov. Ron DeSantis' position on Ukraine: "To say this doesn't matter is to say that war crimes don't matter."
President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history. The Democratic president is doing so amid significant stakes for both the U.S. economy and his political future.
President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history.
Americans have long had an intense conversation about what race and ethnicity says about who they are. Now the U.S. government is contemplating changes to how it sorts people into racial and ethnic groups.
President Joe Biden sought to reassure Americans over the country's banking system Monday, while insisting emergency measures would not be paid for by taxpayers as additional banks came under stress. SVB -- a key lender to startups across the United States since the 1980s -- collapsed after …
Sen. Josh Hawley referenced Woody Guthrie last week when he sponsored a bill to prevent people associated with the Chinese Communist Party from owning U.S. farmland and called it the “This Land is Our Land Act.” But the family of one of America’s most revered folk singers wasn’t exactly thrilled.
The U.S. has approved the largest oil drilling project in Alaska in decades. The nearly $11-billion Willow project has strong support in the state but has drawn the ire of climate groups worried about its impact on global carbon emissions.
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The Biden administration is approving a major oil project on Alaska's petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is counter to President Joe Biden's climate goals. FRANCE 24's Science Edito…
In 2016, Vice President Joe Biden warned against efforts to unravel banking regulations that Democrats had fought to implement following the nation’s financial crisis, just as the emerging Trump administration was determined to loosen those strict banking rules. Biden argued that without the…
As Donald Trump returns to Iowa, he and his team are aiming for a more disciplined approach to his latest presidential campaign.
IA: Former Pres. Donald Trump campaigns in Iowa as former VP Mike Pence goes after his ex-boss for the U.S. Capitol riots.
Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions could fall.
McConnell’s office says his doctors discovered over the weekend that he had also suffered a “minor rib fracture” after he tripped and fell at the Waldorf Astoria hotel in Washington last week.
Bank stocks tumble after second-, third-largest bank failures in U.S. history; others rise on hopes for easier rates
Treasury yields plunged as investors scrambled for safety and expectations built for the Fed to ease up on rate hikes.
A timeline of Silicon Valley Bank's collapse: How it all unfolded