Biden Speaks After Bank Shutdowns: “We’ll do Whatever is Needed”
President Biden on Monday spoke from the White House to try to reassure the world of the resilience of the U.S. banking system. “Thanks to the quick action of my Administration over the past few days, Americans can have confidence that the system is safe,” Biden said just after 9am Eastern Time. “Your deposits will be […]
Report: Xi to Meet with Putin in Russia
Chinese President Xi Jinping plans to travel to Russia to meet with Russian President Vladimir Putin as soon as next week, Reuters reported Monday morning. Last month, China’s top diplomat, State Councillor Wang Yi, met with Putin in Moscow, where the two pledged to strengthen ties as Russia continues to wage its war against Ukraine. […]
Regulators Shut Down Silicon Valley Bank in Biggest Collapse Since 2008 Recession
California regulators on Friday said they were shutting down Silicon Valley Bank, a favorite of the tech sector. The California Department of Financial Protection and Innovation announced that it was taking over and closing the distressed bank in an effort to protect deposits. The Federal Deposit Insurance Corporation is the bank’s receiver. The FDIC has […]
Fire at Executive Office Building Next to The White House
A fire broke out Friday morning at the Eisenhower Executive Office Building where numerous Administration staff work next to the White House. No injuries were reported. DC Fire and Emergency Medical Services posted on Twitter around 8am that a defective cooling motor in the basement was to blame. An email had been sent to White […]
Judge Allows “Access Hollywood” Tape in Trump Trial
A federal judge has rejected an effort by former President Trump’s attorneys to exclude the “Access Hollywood” tape, in which he brags that as a celebrity he can get away with sexually assaulting women, from his upcoming civil rape trial. Attorneys Alina Habba and Michael Madaio filed papers in Manhattan federal court on February 16 seeking to […]
House Votes to Declassify Origins of Covid
The House of Representatives unanimously voted Friday to declassify U.S. intelligence about the origins of the Covid-19 virus. The vote to approve the bill was 419-0; the legislation next goes to President Biden’s desk to be signed into law. “The American public deserves answers to every aspect of the Covid-19 pandemic,” said House Intelligence Committee […]
Visa, AmEx & Mastercard Hold Off on Gun Purchase Code
The three credit card giants Visa, American Express and Mastercard all said on Thursday they have suspended their decision to start tracking gun and ammo purchases through a specific merchant code. The announcement follows a concerted effort last year to convince the major credit card companies to create a specific merchant category code, which would […]
Report: Russia Sending Captured U.S. & NATO Weapons to Iran
Russia’s military has captured some U.S. and NATO-provided weapons and equipment left on the Ukraine battlefield and is sending them to Iran, CNN reported Friday. According to sources familiar with the situation, there have been several instances during the past year of war in Ukraine in which Russia has seized smaller, shoulder-fired weapons equipment, including […]
China’s President Xi Gets Third Term
China’s National People’s Congress appointed President Xi Jinping to a third five-year term on Friday, breaking with the country’s tradition of handing over power once a decade. Xi’s appointment was reportedly a foregone conclusion, as he has sidelined potential rivals and filled the top positions in the Chinese Communist Party with his own supporters since […]
Trump Invited to Testify Before New York Grand Jury
A Trump attorney has confirmed that the former President was invited to testify before the New York grand jury hearing evidence in the investigation into the payment of hush money to the adult film star known as “Stormy Daniels” ahead of the 2016 Election. The New York Times, which broke the story Thursday evening, has […]
Tagged 2016 presidential electionAlvin BraggDonald Trumpgrand juryHope Hickshush moneyJoseph TacopinaKellyAnne ConwayManhattan District AttorneyMichael Cohennondisclosure agreementStormy DanielsTrump Organization