The Senate Committee on Banking, Housing and Urban Affairs said it would hold hearings next week on the collapse of Silicon Valley Bank (SVB) and Signature Bank earlier this month. Senate Banking Committee chairman Sherrod Brown (D-Ohio) announced on March 21 the first of several hearings on the latest banking crisis and promised to hold those responsible…
Senate Committee on Banking to Hold Hearings on SVB Collapse: ‘Hold Those Responsible Accountable’
March 22, 2023
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Oregon Lawmakers Propose Monthly Payments of $1,000 to Homeless People
The Oregon Legislative Assembly is considering a bill to provide a universal basic income for the homeless community. The legislation, SB603, would provide 12 monthly payments of $1,000 to people who are experiencing homelessness or are at risk of homelessness. “Payments may be used for rent, emergency expenses, food, child care, or other goods or…
House Republicans Probe Preferred Pronoun ‘Role Play’ at West Point
March 22, 2023
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House Armed Services Committee members Mike Waltz (R-Fla.) and Jim Banks (R-Ind.) are seeking answers from the U.S. Military Academy at West Point after learning cadets were forced to participate in sensitivity training on “understanding and respecting” others’ preferred pronouns. According to the “facilitator guide” obtained by The Epoch Times, the required training involved a…
Republican Bill Seeks to Ban Central Bank Digital Currency in US Over Privacy Concerns
Republican Sen. Ted Cruz introduced new legislation on March 21 that would ban the Federal Reserve from launching a “direct-to-consumer” central bank digital currency (CBDC), citing concerns over its potential to be used as a “financial surveillance tool” by the federal government. The latest bill is a second attempt by Cruz to stop the Federal Reserve…
White House Seeks 18 Percent Increase to State Department’s Indo-Pacific Budget to Counter China Threat
March 22, 2023
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The United States’ top diplomat calls for a greatly expanded budget for activities in the Indo-Pacific to counter communist China’s increasing aggression and fortify American ties in the region. U.S. Secretary of State Antony Blinken said during a March 22 Senate appropriations hearing that the Biden administration is seeking an 18 percent increase to the…
Biden Admin Seeks Increase to State Department’s Indo-Pacific Budget to Counter China Threat
March 22, 2023
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The United States’ top diplomat calls for a greatly expanded budget for activities in the Indo-Pacific to counter communist China’s increasing aggression and fortify American ties in the region. U.S. Secretary of State Antony Blinken said during a March 22 Senate appropriations hearing that the Biden administration is seeking an 18 percent increase to the…
Troubled Credit Suisse Has Chinese Communist Party-Linked Member on Its Risk Committee
March 22, 2023
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Credit Suisse bank, which collapsed last week, revealed on its website that it had a CCP-affiliated member on its board of directors. Shan Li, according to the bank’s website, is a board member with long extensive ties to the Chinese Communist Party (CCP), with senior roles on the bank’s risk management team, Asia advisory council, and…
PREMIERING at 10AM ET: Troubled US Bank’s Ties to China Raise More Red Flags
March 22, 2023
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policieseconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policiesEconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
PREMIERING NOW: Troubled US Bank’s Ties to China Raise More Red Flags
March 22, 2023
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policieseconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policiesEconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
Troubled US Bank’s Ties to China Raise More Red Flags
March 22, 2023
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policieseconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
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American taxpayersbankingbanking industrybanking systemBeijingbiden administrationBrian CostelloBusiness & MarketsCCPCCP (Chinese Communist Party)ChinaChina Business & EconomyChinese Regimecurrent eventsDemocratsdepositor protectiondepositorseconomic policiesEconomyEpochTVfinancefinancial crisisGlobal FinanceinvestmentsJoe BidenLee SmithLive Videosmoneynationwide crisisOver the TargetPolicies & ImpactsPoliticsrisk managementSilicon Valley BankSVBTech EntrepreneurThreat from Communist ChinaUSus bankUS BankingUS NewsUS-China relationsVideo
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
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