Mar 17 Biden calls for tougher penalties for executives of failed banks By Zeke Miller, Associated Press President Joe Biden is calling on Congress to allow regulators to impose tougher penalties on the executives of failed banks, including clawing back compensation and making it easier to bar them from working in the industry. Continue reading
Mar 16 China accuses U.S. of spreading disinformation, suppressing TikTok By Associated Press China is accusing the United States of spreading disinformation and suppressing TikTok following reports that the Biden administration was calling for its Chinese owners to sell their stakes in the popular video-sharing app. Continue reading
Mar 15 How the 2008 financial crisis fuels today’s populist politics By Will Weissert, Associated Press 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. Continue reading
Mar 15 WATCH: Biden says he’s focused ‘intensely’ on lowering health care and drug costs By Amanda Seitz, Zeke Miller, Associated Press President Joe Biden on Wednesday said his administration was focused “intensely” on lowering health care costs and took aim at “MAGA” Republicans who he said are intent on dialing back Medicare coverage for millions of Americans. Continue reading
Mar 14 WATCH: Biden announces new executive order on gun violence in Monterey Park, California By Zeke Miller, Colleen Long, Associated Press President Joe Biden signed an executive order on Tuesday aiming at increasing background checks to buy guns, promoting more secure firearms storage and ensuring U.S. law enforcement agencies get more out of a bipartisan gun control law enacted last summer. Continue reading
Mar 13 What to know about the Silicon Valley Bank collapse By Christopher Rugaber, Ken Sweet, Associated Press Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks… Continue reading
Mar 13 WATCH: State Department holds briefing as Russia accepts a 60-day extension of wartime grain deal By News Desk and Zeke Miller, Associated Press State Department spokesman Ned Price held a briefing on Monday as a Russian delegation at talks with senior U.N. officials said that Moscow is ready to accept an extension to a grain export deal. Continue reading
Mar 13 WATCH: Biden tells U.S. to have confidence in banks after 2 collapse By Associated Press President Joe Biden will speak Monday on the collapse of Silicon Valley Bank as governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of the California-based bank prompted fears of… Continue reading
Mar 12 Biden blocks other oil drilling in Alaska while considering Willow project By Chris Megerian, Matthew Daly, Associated Press As President Joe Biden prepares a final decision on the huge Willow oil project in Alaska, he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean, an administration official said on Sunday. Continue reading
Mar 10 Biden, EU leader to discuss proposal on electric vehicle tax credits By Aamer Madhani, Raf Casert, Associated Press President Joe Biden and European Commission President Ursula von der Leyen are set to outline a plan that the White House hopes can turn the page on a spat between the U.S. and European Union over electric vehicle tax credits. Continue reading