Influential lobbying groups representing Silicon Valley Bank, the company whose abrupt collapse has sparked banking crisis fears, fought a proposal to increase payments into an insurance fund that the government is tapping into so it can safeguard customer deposits.
An ally of Gov. Ron DeSantis's (R-FL) is gearing up for a tour of the early primary states of Iowa, New Hampshire, South Carolina, and Nevada to gin up support for the potential 2024 aspirant.
Tech mogul and Republican campaign donor Peter Thiel is being accused of sparking the run on the bank that forced regulators to close down Silicon Valley Bank.
Former Rep. Barney Frank (D-MA), who famously co-authored the 2010 Dodd-Frank financial reform law in response to the 2008 financial crisis, served as a director of Signature Bank, which failed Sunday.
The United Kingdom is at risk of falling behind the United States and European Union in the electric vehicle manufacturing race unless it creates its own incentives for domestic production, the nation's auto industry body said in a report Monday.
Sen. Ed Markey (D-MA) blasted President Joe Biden over his administration's approval of the Willow Project, a large-scale oil drilling venture that has stoked the ire of environmentalists.
