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US News:
Full List of Bank Shares That Halted Trading as Panic Spreads
The Nasdaq Trader website published a list of bank shares that were placed under a temporary regulatory halt. Newsweek has listed them below.
Each bank share had been hit with a volatility trading pause, a kind of circuit-breaker that automatically halts trading for a short time when a share’s price swings too rapidly.
At the time of writing, some of these shares had plunged by more than 60%.
Social Security update: Direct payment worth up to $4,555 to be sent to millions in two days
The second wave of the Social Security Administration’s retirement payments, worth up to $4,555, will go out to beneficiaries in two days. The payments will be for those born between the 11th and 20th of a month.
The disbursement, which will be released to retirees on Wednesday, is the second of three waves of payments for the month. Each wave corresponds with the 10-day block of a month when a recipient was born, according to the SSA’s schedule.
The final round of payments will go out one week later, and it will be for people born between the 21st and 31st of a month.
What Happened To Signature Bank? The Latest Bank Failure Marks Third Largest In History
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State regulators in New York shuttered Signature Bank—a 23-year-old regional bank that had previously focused on digital assets by becoming one of a few banks to accept crypto deposits—after regulators warned the stability of the financial system could be threatened if the bank remained open.
New York’s Department of Financial Services announced Sunday it had taken possession of the bank, which had more than $110 billion in assets and more than $88 billion in deposits as of the end of last year.
Signature Bank became the third regional bank to collapse in a matter of weeks, following the high-profile collapse of California-based crypto-friendly banks Silvergate Bank and Silicon Valley Bank, whose failure spooked investors wary of widespread financial vulnerability.
This is a bailout of Silicon Valley: Payne responds to Biden
FOX Business host Charles Payne joined ‘America’s Newsroom’ to discuss Biden’s remarks on the banking sector after he assured American taxpayers they will not pay the price for the collapse.
The aftermath of Silicon Valley Bank’s bailout
The big picture: Over the weekend, we learned what those things were: large regional U.S. banks, and the lengths that regulators would go to keep that breakage from spiraling into a nationwide bank run.
Driving the news: Sunday night, the government said it will fully guarantee depositors in failed Silicon Valley Bank and Signature Bank. The Fed unveiled a new, bottomless facility to ensure all banks can access cash on favorable terms, should they see deposit runs of their own.
What’s next: On paper, the crisis should be over. With the government guaranteeing all deposits for customers of two major banks, Americans should see little need to pull their money out of others, and any banks that do face outflows have a limitless pool of cash from the Fed to access.
- But it could reshape banks’ behavior and make them more cautious in the loans they make and the customer deposits they accept.
- And that, in turn, could amount to a de facto tightening of monetary conditions that slows the economy more than Fed rate hikes alone have managed to do.
Border crisis: Over 1,000 migrants rush bridge linking Mexico to US in El Paso, Texas
Crowd control measures were used when the group of mainly Venezuelan migrants continued to press forward, though according to sources at the border, the efforts were thwarted.
Videos show migrants of all ages pressing toward the fenced border, with some putting their hands in the air to encourage others to continue moving forward.
Another video shows the moment the migrants pushed onto the bridge and began running for freedom, with a sign above the read, “Feliz Viaje,” or, happy travels.
In a third video, migrants were seen gathering on a smaller bridge, while others were observed lining up along the riverbank.
Giant blob of seaweed twice the width of US taking aim at Florida, scientists say
The sargassum bloom, at around 5,000 miles wide, is twice the width of the United States and is believed to be the largest in history.
The impending seaweed comes as Floridians along the state’s southwest coast have complained about burning eyes and breathing problems.
Dead fish have washed up on beaches. A beachside festival has been canceled, even though it wasn’t scheduled for another month.
Florida’s southwest coast experienced a flare-up of the toxic red tide algae this week, setting off concerns that it could continue to stick around for a while. The current bloom started in October.
Exclusive — Trump on ‘Letters to Trump’ Book: People ‘Going to See a Very Fascinating Life’
One thing that shines through in the correspondence is how differently a lot of people treated Trump before he came out as a conservative Republican firebrand and ran for — and won — the presidency.
“I think they’re going to see a very fascinating life. I knew them all — and every one of them kissed my ass, and now I only have half of them kissing my ass,” Trump joked to Breitbart News when asked during a phone interview what people will see when they read the book.
Trump’s eldest son Donald Trump Jr. said that the tone of all of these elites changed when his father ran for office as a Republican.
“My father has lived an amazing life and has been around some of the most interesting people in the world,” Trump Jr. told Breitbart News. “It’s amazing how quickly their adoration of him changed when he ran for office as a Republican. Letters to Trump shows you exactly how they felt about him and how phony their newfound disdain truly is.”
Trump said the book will show a truly fascinating “great life” and that he was “surrounded by great people” and that “it was amazing.”
Crime Control | Full Measure
Crime and its impact on America make daily headlines.
Chicago — high crime is cited as a cause in the election loss of the mayor.
This week, the shutdown of Walmarts in Portland, Oregon, attributed to rampant theft and the impact to the company’s bottom line.
Some make it a red/blue issue, but in our return to the high-profile example of crime, drugs, and homelessness destroying one of America’s top cities — we found it’s the people, not politicians, making surprising changes.
St. Louis homicide detective blows whistle on Soros-backed DA’s ‘concerted effort to break down the system’
Officers who are currently at the DA office are terrified to speak out due to retaliation, Murphy said. About 819 officers have left the department around when Gardner took office in 2017, according to the St. Louis Police Pension Board.
A Fox News Digital investigation found that Gardner was implementing policies that would shrink the criminal justice system’s footprint in St. Louis in coordination with the Soros-linked Vera Institute of Justice.
The private organization appeared to pay its own way to influence the district attorney’s office. A Vera representative said that no taxpayer dollars were used.
According to Murphy, two social media posts on his personal Facebook caused his exclusion. One was critical of Gardner’s soft-on-crime approach. “It got to the point where if you criticized our prosecutor here in the city of Saint Louis, she blackballed you.”
Fed, Treasury, and FDIC Announce Actions to Backstop Banks After Silicon Valley Meltdown
Treasury Secretary Janet Yellen approved measures to resolve the failure of Silicon Valley Bank “in a manner that fully protects all depositors,” the Treasury said Sunday in a joint statement with the Fed and FDIC.
This means that deposits beyond the $250,000 limit on FDIC insurance will be available on Monday. The Treasury sAaid the measures will not come at a cost to taxpayers.
In a joint statement by the U.S. Treasury, the Federal Reserve, and the Federal Deposit Insurance Corp, the government said:
World News:
Nord Stream sabotage theory pushed by US and Germany has major holes
After the Seymour Hersh published his detailed report alleging the U.S. was behind the attack on the German-Russian Nord Stream pipelines, it marked a major turning point in the war in terms of public perception.
There had long been rumblings that the U.S. was behind the attack for various reasons, but now here was a concrete report from one of the premier investigative journalists in the world claiming a NATO country had attacked the critical infrastructure of another NATO ally.
The story was explosive.
Hersh’s report also led to a serious foreign policy crisis behind the scenes. While the U.S. denied it was behind the attack, when German Chancellor Olaf Scholz arrived in Washington to meet President Joe Biden earlier this month, they were careful to field no questions from reporters. After all, how would they avoid having to answer the inevitable queries about whether the U.S. did in fact orchestrate the sabotage.
IAF allegedly strikes Syria; U.S. welcomes Chinese-brokered Iran-Saudi deal – TV7 Israel News 13.03
1) Prime Minister Benjamin Netanyahu praises Israel security forces for their unrelenting activity in targeting terror elements seeking to harm Israeli civilians and soldiers.
2) Unidentified aircraft strike multiple targets in Syria’s Western regions – in an attack which Damascus attributed to Israel.
3) The United States welcomes efforts to deescalate tensions in the Middle East following the Chinese-brokered rapprochement agreement
Rapper Costa Titch Dies at 28 After Collapsing Onstage During Performance
“It is with deep pain that we find ourselves having to acknowledge his passing at this time,” they added. “We are thankful for the emergency responders and all those present in his last hours on this earth.”
***VIEWER DISCRETION ADVISED***
‘Keep Ireland Irish’: Say hello to Ireland’s growing far right
It is a broad church – encompassing religious fundamentalists, nationalists and many shades in between – but the movement has recently coalesced around one thing: immigration.
There were 307 anti-migrant protests in 2022, while in 2023 there have already been 64 demos, according to the Garda Síochána, Ireland’s police force, calling the numbers an “exponential increase”.
“Ireland’s borders are wide open,” Niall McConnell, leader of the Irish Nationalist Catholic Party, told Euronews. “There is no restriction on immigration.”
“The indigenous Irish are being racially discriminated against,” he added.
McConnell, who espouses views that many would consider as far-right, takes issue with immigration, alleging migrants receive preferential treatment for social housing, commit crimes – often of a sexual nature against women – and lie to claim refugee status.
Republican voters are tired of this: Hemingway
The Federalist editor-in-chief Mollie Hemingway joins ‘The Brian Kilmeade Show’ to discuss President Biden’s response to the Silicon Valley Bank collapse and the emerging pool of 2024 Republican candidates.
Levin: This is a scandal no one is talking about
Fox News host Mark Levin said the Democratic Party has an anti-Semitism problem on ‘Life Liberty & Levin.’
McCarthy says Republicans will ‘slowly roll out’ Jan. 6 footage to ‘every’ news agency: ‘Goal is transparency’
During an interview on “Sunday Morning Futures with Maria Bartiromo,” McCarthy said the American people should be allowed to see all surveillance footage from the Capitol Building that day and form their own opinions, rather than see only what the Democratic-controlled committee previously released.
His comments came amid some backlash after McCarthy allowed Fox News’ Tucker Carlson the opportunity to see tens of thousands of hours of never-before-seen video, some of which appeared to show moments of armed security peacefully escorting protesters throughout the Capitol building.
“I didn’t give [Carlson] the tapes, I allowed him to come see them, just like an exclusive with anybody else. My goal here is transparency,” McCarthy told host Bartiromo. “We will slowly roll out to every individual news agency [so] they could come see the tapes as well.”
Author tells Tucker Jan. 6 defendants are languishing in a ‘DC gulag’
Author Julie Kelly shares how many January 6 ‘insurrectionists’ are still in jail awaiting trial on ‘Tucker Carlson Tonight.’
‘Divisive and Cruel’: Pentagon Could Still Kick Out 16,000 Unvaccinated Troops Despite Voided Vaccine Mandate
“It’s incredibly divisive and cruel to fire patriotic service members for refusing to comply with a partisan and harmful rule that no longer exists. To me, the only explanation is that the Biden administration wants to purge conservative service members from the military,” Banks said.
During a recent hearing, Banks questioned Cisneros on the point of punishing service members over a mandate that is no longer in effect. Cisneros said it was because the mandate was a “lawful order” at the time it was made and that troops who remained unvaccinated but did not seek an exemption “disobeyed a lawful order.”
“Those who refused the vaccine and did not put in a request for an accommodation refused a lawful order,” Cisneros replied.
Banks pressed him on what the point was of enforcing a rescinded mandate.
Cisneros said, “In order to maintain good order and discipline, it’s very important that our service members follow orders when they are lawful.”
However, the DOD has never publicly answered questions as to whether or not the vaccine mandate was lawful.
Commentary:
Lying Liars
How many times can someone lie to you before you stop believing him? Popular podcaster Tim Pool applies this question to a source you might be trusting a little too much.
It seems like many Americans are okay being lied to over and over and over again.
Here’s just one example.
It wouldn’t be the last. Not by a long shot.
Glenn explains: THIS is how Silicon Valley Bank COLLAPSED
Silicon Valley Bank was shut down by regulators last week, marking the biggest bank failure since the 2008 collapse. So what happened?
And what does this mean for YOUR finances? In this clip, Glenn explains exactly how SVG collapsed, why the Fed is to blame, and why working with a FDIC insured institution is IMPERATIVE.
Kennedy: Silicon Valley Bank was focused on creating the wrong ‘safe space’
‘The Big Sunday Show’ co-hosts weigh in on stock market concerns sparked by the collapse of Silicon Valley Bank.
Hallelujah and Amen Robert!!
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