Silicon Valley essentially put the cost of ordinary corporate treasury prudence onto the banking system and got rewarded for it when the government broke its own rules and agreed to back even the largest deposits at Silicon Valley Bank.
Sen. Elizabeth Warren (D-MA) made millions of dollars through her role in rewriting portions of U.S. bankruptcy law and assisting big corporations in navigating the laws she helped write at the expense of the victims of their practices, Government Accountability Institute (GAI) president and Breitbart News senior contributor Peter Schweizer revealed during a discussion on his book Profiles in Corruption: Abuse of Power by America’s Progressive Elite on Breitbart News Daily.
Sen. John McCain (R-AZ) passed away Saturday, 4:28 p.m., at the age of 81 after a months-long battle with brain cancer.
During the third presidential debate, Hillary Clinton praised President Obama’s economic performance, adding: “He has cut the deficit by two-thirds.”
Rep. Darrell Issa (R-CA), former chairman of the House Oversight Committee, joined Breitbart News Daily on Tuesday with SiriusXM host Stephen K. Bannon to talk about his new book, Watchdog: The Real Stories Behind the Headlines from the Congressman Who exposed Washington’s Biggest Scandals.
House Speaker Rep. Paul Ryan wants Congress to pass a law that would cause Puerto Rico bondholders who own $73 billion in notes from the territory’s government to be treated the same way the federal government treated Chrysler bondholders back in 2008 and 2009.
Ted Cruz reacted to the recent attacks from his Republican presidential opponent Donald Trump yesterday in an interview with talk radio host Mark Levin.
With the appointment of Neel Kashkari as President of the Federal Reserve Bank of Minneapolis, former Goldman Sachs executives will hold 4 of the 5 Fed Presidents’ seats on the powerful Federal Open Markets Committee that controls U.S. interests rates.
Democratic presidential candidate former Secretary of State Hillary Clinton stated she would let banks fail and not bail them out as president on Tuesday’s broadcast of CBS’ “The Late Show with Stephen Colbert.” Hillary was asked, “You put forth a
House Ways and Means Committee chairman Rep. Paul Ryan (R-WI) will not run for the House Speakership unless conservatives surrender “unconditionally” to him, Politico reports citing sources close to Ryan.
California Republican gubernatorial candidate Neel Kaskari outspent his rival, Gov. Jerry Brown, in last year’s unsuccessful bid for the state’s top job.
