Treasury Secretary Janet Yellen said Sunday on CBS’s “Face the Nation” that the U.S. banking system was strong after the collapse of Silicon Valley Bank last week.
Authorities in the UK are considering a possible bailout for tech firms after the collapse of the UK branch of the Silicon Valley Bank.
Streaming giant Roku has about one-fourth of its cash and equivalents amounting to nearly half a billion dollars held in the failed Silicon Valley Bank (SVB), a report details.
Former U.N. Ambassador and 2024 Republican presidential candidate Nikki Haley on Sunday rejected any bailouts for the recently shut down Silicon Valley Bank (SVB), saying taxpayers “should absolutely not” rescue it.
Billionaire hedge fund manager Bill Ackman on Friday demanded lawmakers use taxpayer funds to rescue Silicon Valley Bank (SVB) depositors, a move some Republicans have already said they would oppose.
What role did wokeness play in the second largest bank failure in U.S. history and how will Joe Biden respond to SVB going bust?
Police were reportedly called to Silicon Valley Bank’s Manhattan branch on Friday after depositors attempting to withdraw funds were locked out of the bank.
During an interview aired on Friday’s edition of Bloomberg’s “Wall Street Week,” Harvard Professor, economist, Director of the National Economic Council under President Barack Obama, and Treasury Secretary under President Bill Clinton Larry Summers stated that unless the situation is
On Saturday’s broadcast of the Fox News Channel’s “Fox News Live,” Rep. David Kustoff (R-TN) stated that while Silicon Valley Bank (SVB) was poorly managed and had unique issues, we must consider that the collapse could be a partial reflection
Elon Musk, the CEO of Tesla and new owner of Twitter, recently stated that he is “open to the idea” of purchasing Silicon Valley Bank (SVB), which U.S. regulators shut down Friday due to a run on deposits.
Garry Tan, the president and CEO of Y Combinator, recently stated that the collapse of Silicon Valley Bank is an “extinction-level event” for tech startups. Y Combinator has helped launch more than 4,000 tech companies including Airbnb, DoorDash, and Stripe.
Republican presidential candidate Vivek Ramaswamy appeared on Sirius XM’s Breitbart News Saturday and declared he is against a bailout for Silicon Valley Bank, which he called “one of the biggest evangelists of DEI and ESG.”
A Hollywood payroll firm responsible for sending out paychecks to film and TV production crews has been affected by the sudden collapse of Silicon Valley Bank, resulting in delays in payments.
The Silicon Valley Bank fallout went international with UK and European lenders seeing nearly £30 billion wiped off their portfolios
During the “Overtime” segment of Friday’s broadcast of HBO’s “Real Time” aired on CNN, host Bill Maher stated that we should have seen the collapse of Silicon Valley Bank (SVB) due to the large amount of tech sector layoffs. In
The “cheap money ecosystem” that fed the tech start-up culture has come to an end with the Federal Reserve raising interest rates to curb inflation, and the failure of Silicon Valley Bank might be the first domino to fall among California-based financial institutions, Breitbart Economics Editor John Carney said in an interview Friday with Fox Business host Larry Kudlow.
Prominent conservatives throughout politics and media reacted to the sudden closure of the Silicon Valley Bank on Friday. Rep. Matt Gaetz (R-FL) is already standing firm against bailouts for the bank, and many are pointing to “Bidenflation” as a driver of the implosion.
The CEO of Silicon Valley Bank (SVB) sold $3.57 million of company stock just two weeks before the technology sector’s primary financial institution collapsed on Friday, according to federal filings.
On Friday’s broadcast of the Fox News Channel’s “Your World,” House Ways and Means Committee Chairman Rep. Jason Smith (R-MO) reacted to the collapse of Silicon Valley Bank (SVB) by noting that interest rates have been rapidly skyrocketing, arguing President
The parent company of Silicon Valley Bank (SVB) is looking for a buyer after the bank was shuttered by regulators on Friday amid a massive drain of deposits and losses on its securities portfolio, Bloomberg reported.
California’s bank regulators say the bank was in sound financial condition the day before yesterday.
Chris Whalen, chairman of Whalen Global Advisors, blamed Federal Reserve Chair Jerome Powell for the failure of Silicon Valley Bank (SVP) in a Friday interview on Forward Guidance with host Jack Farley.
On Friday’s broadcast of CNN’s “Situation Room,” White House Press Secretary Karine Jean-Pierre stated that White House economists “see the data and the jobs report and where we are currently with inflation” and conclude “that the President’s economic plan is
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.
Treasury Secretary Janet Yellen on Friday convened leading financial regulators over the Silicon Valley Bank crisis.
The sudden implosion of Silicon Valley Bank (SVB) is sending shock waves through the financial system and the technology sector.
Treasury Secretary Janet Yellen said during a House Ways and Means Committee hearing Wednesday that the government continues to monitor the Silicon Valley Bank crisis.
The bank is reportedly looking to sell itself to a larger financial institution.
