Jacob Bliss - Page 6

Prominent lawmakers are calling for the Federal Deposit Insurance Corporation (FDIC) to raise the ceiling on its $250,000 insurance limit following the collapse of Silicon Valley Bank.

President Joe Biden issued his first veto on Monday, rejecting a bipartisan bill that would have reversed his Labor Department rule allowing left-wing environmental, social, and governance (ESG) rules to be considered in retirement investing.

Sen. Ted Cruz (R-TX) slammed Manhattan District Attorney Alvin Bragg’s “political persecution” of former President Donald Trump as “utter and complete crap.”

The Federal Deposit Insurance Corporation (FDIC) extended the bidding period for the Silicon Valley Bridge Bank, after “substantial interest from multiple parties” and will continue to operate the Bank to “stabilize” the institution and “market the franchise.”

The Democratic National Committee (DNC) and President Joe Biden’s presidential campaign stated they would return political donations tied to the collapsed Silicon Valley Bank on Friday, according to USA Today.

American Action Network (AAN), a nonprofit advocacy group with close ties to House Republican leadership, launched the first stages of a major issue advocacy campaign to urge members of Congress to support lowering energy costs.

SVB Financial Group, the former parent company of the collapsed Silicon Valley Bank, filed for 11 protection on Friday in New York bankruptcy court.

Rep. Sheila Jackson Lee (D-TX) is mulling a run for mayor of Houston, Texas, according to reports.

Manufacturing activity in the Philadelphia area declined again in March, the Federal Reserve Bank of Philadelphia said on Thursday.

Business is still slumping in New York, a survey from the Federal Reserve Bank of New York said Wednesday.

U.S. retail sales decreased slightly less than half a percent in February after jumping a revised 3.2 percent in January.

As the political backlash increased with the anti-ESG movement, BlackRock CEO Larry Fink appeared to have taken a different approach in his annual letter to investors regarding environmental, social, and governance investing.

Rep. Maxine Waters (D-CA), the ranking member on the House Financial Services Committee, said she plans to give back the campaign donations she received from the political action committee for Silicon Valley Bank.

In an effort to help House Democrats recapture congressional seats they lost in New York during the midterms, the party’s main super PAC will reportedly launch an outpost in the Empire State for 2024.

Vice President Kamala Harris (D) reportedly will not return any phone calls from Sen. Elizabeth Warren (D-MA) after she made “pretty insulting” comments about the Biden-Harris presidential ticket in January.

Sen. Jon Tester (D-MT) attended a fundraiser Monday night in California with a partner from Silicon Valley Bank’s legal firm, just days after the tech-sector-focused bank collapsed.

Rep. Zach Nunn (R-IA), who beat former Rep. Cindy Axne in one of the top congressional races last year, introduced legislation on Monday to increase the “cooling off period” members of Congress have before being able to lobby.

The Federal Deposit Insurance Corporation (FDIC) plans to try and auction off the collapsed Silicon Valley Bank (SVB) for a second time, according to the Wall Street Journal, after the first attempt failed on Sunday.

The National Republican Congressional Committee (NRCC) on Monday released its first list of targeted seats for the 2024 election cycle, consisting of 37 House Democrats lawmakers.

Breitbart Economics Editor John Carney said in an interview on Saturday on Larry Kudlow’s eponymously named radio show that a government bailout of the collapsed Silicon Valley Bank could deepen the panic.

Before joining the Silicon Valley Bank as the Chief Administrative Officer (CAO) in 2007, Joseph Gentile served as the Chief Financial Officer (CFO) at Lehman Brothers’ Global Investment Bank before the public collapse in 2008.

Silicon Valley Bank reportedly had no chief risk officer (CRO) for nine months before Friday’s collapse, as the United Kingdom-based head of risk for Europe, the Middle East, and Africa appeared to have focused on pro-diversity initiatives over her actual role.

The Democratic Congressional Campaign Committee (DCCC) on Friday announced its first list of 29 members being put on the Frontline program, meaning they will be up for reelection in “competitive seats.”

Sen. Josh Hawley (R-MO) sent a letter to communist dictator Xi Jinping on Friday, telling him to “come clean” about the origins of the coronavirus after Congress passed a bill to declassify information on the virus’s origins, sending it to President Joe Biden’s desk.

Jim Cramer, CNBC analyst and host of Mad Money, recommended that his viewers buy shares of Silicon Valley Bank’s parent company last month, before the bank collapsed on Friday.

Sen. Eric Schmitt (R-MO) responded to President Joe Biden’s latest budget proposal, telling Breitbart News it’s the “wokest budget in history” as some of the federal tax dollars would be used to push leftist ideas “completely out of step with the needs of the American people.”

TikTok hired a Biden-connected consulting firm as the Chinese social media app is facing increased scrutiny from lawmakers, Politico reported.

Consumers’ Research, an advocacy group, sent a letter and an extensive report this week to Congressional leaders, explaining the inner workings of environmental, social, and governance (ESG), which lays out a roadmap to prevent the movement’s growing influence.

The Republican Party has invested time and money in the Get Out The Vote (GOTV) effort for the “consequential,” “nonpolitical” Wisconsin Supreme Court race, Breitbart News has learned.

Rep. Cori Bush (D-MO), who has a history of supporting the Defund the Police movement, has reportedly paid an “anti-Semitic spiritual guru” to provide her with “security services.”

The Biden administration is endorsing the swift passage of bipartisan legislation that would help “ban or prohibit” foreign technology, including the Chinese social media app TikTok.

Newly minted Rep. Zach Nunn (R-IA), who beat former Rep. Cindy Axne in one of the top congressional races last year, introduced legislation to end the automatic pay raises for Congress.

National Republican Congressional Committee (NRCC), the Republicans’ election arm, is hitting House Democrats for supporting reduced penalties on violent crime after 173 Democrats voted to support reduced sentences for violent crimes in Washington, DC.

Sen. Tom Cotton (R-AR) introduces legislation to ensure “criminals who commit carjackings aren’t eligible for early release from prison” as people have started to voice frustration over the “revolving door” that suspects are receiving in parts of the country.

Special Presidential Envoy for Climate John Kerry says the tensions between the United States and China are hurting the talks he was having on the climate.

California Gov. Gavin Newsom (D) will not give a “State of the State” speech this year and will instead go on a policy tour.