Manhattan DA Alvin Bragg sues Rep. Jim Jordan over House probe of Trump investigation
Manhattan District Attorney Alvin Bragg on Tuesday filed a federal lawsuit seeking to block a House Judiciary Committee subpoena issued…
McCarthy meets with Taiwan leader as China threatens ‘actions’ in response
House Speaker Kevin McCarthy and a bipartisan congressional delegation met Wednesday with Taiwanese President Tsai Ing-wen in Simi Valley, California, in…
Janet Yellen says OPEC+ production cut is an ‘unconstructive act’
WASHINGTON — Treasury Secretary Janet Yellen said the surprise OPEC+ oil production cut announced Sunday was an “unconstructive act,” which…
House lawmakers tear into top bank regulators in second hearing this week on SVB collapse
House lawmakers tore into top U.S. bank regulators Wednesday, questioning their competency and saying examiners were asleep at the wheel,…
Yellen says Treasury is ready to take ‘additional actions if warranted’ to stabilize banks
WASHINGTON — Treasury Secretary Janet Yellen said Thursday that the federal emergency actions to back up Silicon Valley Bank and…
‘Blanket insurance’ of bank deposits is not being discussed, Yellen tells senators
WASHINGTON — Federal bank regulators are not considering any plans to insure all U.S. bank deposits without congressional approval, Treasury…
Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank
WASHINGTON — The top Republicans on committees that oversee the U.S. financial system sent letters Monday to Federal Reserve Chair…
Fed loans, account guarantees helped stabilize ‘deposit flows’ at regional banks, Treasury official says
WASHINGTON — The record-setting number of emergency loans that were made to banks this week by the Federal Reserve was…
Senators relaunch bill seeking to force Supreme Court to televise sessions
The chairman of the Senate Judiciary Committee and a leading Republican senator on Thursday reintroduced a bill that seeks to…
Treasury Secretary Yellen says not all uninsured deposits will be protected in future bank failures
WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed…
