Treasury Secretary Janet Yellen addressed widespread concern in the U.S. banking system after the collapse of Silicon Valley Bank last week, arguing that Americans should feel confident the banking infrastructure is "safe and sound." "America's economy relies on a safe and sound banking system," Yellen said in an interview with CBS's "Face The Nation." "Americans need to feel confident that the banking system is safe and sound." |
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Shalanda Young, director of the White House Office of Management and Budget (OMB), on Sunday called the U.S. banking system "resilient" as it weathers the recent Silicon Valley Bank collapse. |
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Treasury Secretary Janet Yellen said on Sunday that the U.S. would not consider a bailout of Silicon Valley Bank after its historic failure last week, saying in the aftermath of the 2008 banking crisis that "we're not going to do that again." |
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Rep. Nancy Mace (R-S.C.) on Sunday said she doesn't support a bailing out of Silicon Valley Bank, which has rocked the tech sector with its abrupt collapse late last week. |
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"The best outcome will be can they find a buyer for this SVB bank today before the markets open in Asia later in the day," Sen. Mark Warner (D-Va.) said on ABC's "This Week." "The depositors can be taken care of and the best outcome will be an acquisition of SVB." |
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Sen. Robert Menendez (D-N.J.) on Sunday expressed concerns that President Biden could become known as an "asylum denier-in-chief" after reports last week that indicated the administration is weighing re-starting a controversial family detention policy. |
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Sen. Kevin Cramer (R-N.D.) said Sunday that the GOP is "in desperate need" of new leadership, a dismissal of former President Trump, who is running for another White House term in 2024. |
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Rep. Michael McCaul (R-Texas) on Sunday said former Vice President Mike Pence was right to criticize former President Trump for Trump's role in the Jan. 6, 2021 insurrection, saying "history will judge everyone" for their decisions on that day. |
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"I'm leading the way in calling for a Declaration of Independence from China. Because the key difference today is, unlike the USSR in the last century, we never depended on the Soviet Union for the shoes on our feet or phones in our pocket. That is the case today," Republican presidential candidate Vivek Ramaswamy said on CNN's "State of the Union." |
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The Chinese-negotiated agreement between Iran and Saudi Arabia to reestablish diplomatic ties, which called into question U.S. influence in the region, is "very troubling," according to Rep. Mike Turner (R-Ohio). |
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Former national security adviser John Bolton warned the U.S. against "sitting still" as China expands its role in the world and grows closer to Russia. |
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