March 11 (Reuters) – The U.S.
Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into trouble in the wake of Silicon Valley Bank’s collapse, Bloomberg News reported on Saturday.
(Reporting by Jose Joseph in Bengaluru; Editing by Paul Simao) The frenetic two-day run on the bank blindsided observers and stunned markets, wiping out more than $100 billion in market value for U.S.
Jones earlier said he would be back at the Capitol on Monday to continue his protesting for gun reform – action which was sparked last week after trans shooter Audrey Hale killed three children and three adults at a Christian school in Nashville.
Regulators discussed the new special vehicle in conversations with banking executives and hope such a measure would reassure depositors and help contain any panic, the report said, citing people familiar with the matter.
‘The Democratic Caucus has unanimously, formally voted to oppose the baseless resolutions for expulsion and will zealously oppose them should they come up for a vote on the House floor,’ they said in a statement.
Justin Jones (left), a Democrat representing Nashville, and Justin Pearson (right), who represented Memphis, were both expelled from their seats on Thursday – a week after the two 27-year-olds joined Rep.
Campbell said this morning: ‘After two challenges, one from former pupils and one from media organisations, including the BBC, the chair of the enquiry Lady Smith ruled that evidence from the enquiry – identifying “Edgar” – can now be published.
Campbell has been fighting to have his former teacher Iain Wares, formerly known only as ‘Edgar’, extradited to Britain from South Africa where he lives to face allegations that he is a predatory paedophile who targeted children.
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The trio had joined hundreds of protestors who marched to the State Capitol last week calling for stricter gun laws in the wake of the grisly massacre at the Covenant School in Nashville at the hands of twisted gunman Hale, 28.
He tweeted: ‘Three kids and three officials gunned down in yet another mass shooting. And what are GOP officials focused on? Punishing lawmakers who joined thousands of peaceful protesters calling for action.
‘When you have people who make comments about hanging you on a tree and hanging black people on a tree as a form of capital punishment.
When you wear a dashiki on the House floor and a member gets up and they talk about your dashiki saying it’s unprofessional,’ he listed. ‘They’re really sending signals that you don’t belong here and that is what the underlying and undergirding comment and responses that we heard on the House floor and the comments to myself and my brother, Representative Jones, was really about.’
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