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"As for what is not true, you will always find abundance in the newspapers." -- Thomas Jefferson
A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.
“Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the Mid-Size Bank Coalition of America said in a letter to regulators seen by Bloomberg News.
Confirming all that we've been warned about for the past decade+ in their report that retired foreign ministers, ambassadors, CEOs, bankers and academics had gathered at the secretive meeting of the Trilateral Commission's first global plenary meeting in India, their story reported that the meetings that would be taking place there would lead to 'policies that shape the world' and as we've all witnessed over the past seve
Officers with the New York Police Department had to escort far-left activists from a Drag Story Hour hosted by Leftist New York Attorney General Letitia James on Sunday after they previously said "Queer Spaces Must Be No Cop Zones" and protested James' involvement in the event.
“QE” or Quantitative Easing has been the bull’s siren song for the last decade, but will “Not QE” be the same?
Students at the University of Pittsburgh are canning the school’s decision to bow to the pressure of Democrat lawmakers and cancel a speech by a conservative speaker.
The Daily Caller reports that Democrat politicians in Pennsylvania are demanding that the university cancel a scheduled speech meant to be given by a passionate conservative speaker on campus. The politicians alleged that the speaker was engaging in “hate speech," but many students feel this is nothing more than code for “we don’t agree with this speaker.".
It once appeared certain that President Donald Trump was set to be arrested and marched away in handcuffs Tuesday. Now this may not happen at all.
As TGP’s Joe Hoft has reported, Trump’s indictment is on hold until one more witness testifies.
Trump calls the man a “highly respected lawyer.” He says the witness supposedly has “conclusive and irrefutable” evidence totally exonerating him.
Update (1500ET): We finally have a deal, and what was at first a CHF1 BN acquisition priceof Credit Suisse by UBS, which then rose to CHF 2 BN, has now cranked up one final time to CHF 3BN (US$3.25 billion), or 0.76 per share, specifically shareholders of Credit Suisse will receive 1 share in UBS for 22.48 shares in Credit Suisse. As part of the deal, the Swiss National Bank is offering a 100 billion-franc liquidity assistance to UBS while the government is granting a 9 billion-franc guarantee for potential losses from assets UBS is taking over, i.
George Washington University Law Professor Jonathan Turley panned reports of the looming potential case against former President Donald Trump after the former commander-in-chief announced he may be arrested in the next week.
The U.S. Department of Justice (DOJ) is asking the Supreme Court to overturn an appeals court ruling that struck down a federal law preventing people under domestic violence-related restraining orders from having guns.
Before you read the following quote from a Fed employee, you had better set your coffee, beer or wine down so you don’t spray all over the carpet or the person next to you. This is how dense the Fed is when it comes to learning from its own mistakes after it first tried quantitative tightening (QT) in late 2017-2019 and failed miserably:
