Tag: Policies & Impacts

Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion

March 21, 2023
banking sectorBusiness & MarketsCompaniescongresseconomic policieseconomyExecutive BranchFDICinflationInvestmentJanet YellenMarketsPolicies & ImpactsPoliticsRegional & State Newsregional banksSilicon Valley BankUSUS News
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U.S. Treasury Secretary Janet Yellen on Tuesday defended government intervention in the banking sector and suggested that it may be necessary to take similar measures in case smaller financial institutions experience deposit runs that could lead to contagion. She also called the American banking system “sound,’ and said that overall “the situation is stabilizing” due to…

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LIVE NOW: Treasury Secretary Yellen Speaks at Annual Bankers Summit in Washington

March 21, 2023
American Bankers AssociationeconomyEpochTVEpochTV LiveJanet YellenLive VideosPolicies & ImpactsUSUS NewsVideo
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U.S. Treasury Secretary Janet Yellen speaks at American Bankers Association’s annual Washington Summit at 10 a.m. ET on March 21. Livestream courtesy of the American Bankers Association …

Treasury Secretary Yellen Speaks at Annual Bankers Summit in Washington

March 21, 2023
American Bankers AssociationeconomyEpochTVEpochTV LiveJanet YellenLive VideosPolicies & ImpactsUSUS NewsVideo
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U.S. Treasury Secretary Janet Yellen speaks at American Bankers Association’s annual Washington Summit at 10 a.m. ET on March 21. Livestream courtesy of the American Bankers Association …

LIVE 10:30 AM ET: How Soros Money Could Swing the Trump Trial; Investigations Begin Into Biden Involvement

March 21, 2023
bidenCrossroadsEpochTVFeatured TopicsGeorge SorosLive VideosmoneyPolicies & ImpactssorosTrumpUSUS NewsVideo
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District Attorney Alvin Bragg, who is allegedly planning the arrest of Donald Trump, is being accused of receiving $1 million from billionaire Democrat financier George Soros. The Soros money allegedly went through the Color of Change PAC, and was given to help appoint district attorneys who support altering prosecutions mainly based on race. Meanwhile, President…

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LIVE NOW: How Soros Money Could Swing the Trump Trial; Investigations Begin Into Biden Involvement

March 21, 2023
bidenCrossroadsEpochTVFeatured TopicsGeorge SorosLive VideosmoneyPolicies & ImpactssorosTrumpUSUS NewsVideo
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District Attorney Alvin Bragg, who is allegedly planning the arrest of Donald Trump, is being accused of receiving $1 million from billionaire Democrat financier George Soros. The Soros money allegedly went through the Color of Change PAC, and was given to help appoint district attorneys who support altering prosecutions mainly based on race. Meanwhile, President…

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How Soros Money Could Swing the Trump Trial; Investigations Begin Into Biden Involvement

March 21, 2023
bidenCrossroadsEpochTVFeatured TopicsGeorge SorosLive VideosmoneyPolicies & ImpactssorosTrumpUSUS NewsVideo
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District Attorney Alvin Bragg, who is allegedly planning the arrest of Donald Trump, is being accused of receiving $1 million from billionaire Democrat financier George Soros. The Soros money allegedly went through the Color of Change PAC, and was given to help appoint district attorneys who support altering prosecutions mainly based on race. Meanwhile, President…

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California Gov. Newsom Unveils New Plan to Curb Oil Profits, Create Gas Price Watchdog

March 21, 2023
Business & MarketsCaliforniaeconomic policieseconomyenergyGasnewsomOilPolicies & ImpactsRegional & State NewsState NewsUSUS News
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California Gov. Gavin Newsom released a new proposal on March 20 aimed at limiting how much profit large oil companies can make and holding them “accountable” for alleged price gouging. Newsom announced in a press release that he’d reached a deal with legislative leaders regarding the proposal, which is authored by state Sen. Nancy Skinner, and…

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IRS Issues Fresh Warning in ‘Dirty Dozen’ List of Tax Scams

March 21, 2023
Business & MarketseconomyIRSpersonal financePolicies & ImpactsscamstaxUSUS News
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The IRS has issued a warning to taxpayers and businesses about unscrupulous promoters who are falsely advertising the availability of Employee Retention Credits (ERCs) in order to gain fraudulent refunds. Taxpayers have been bombarded with inaccurate information on eligibility and computation of the credit, according to an IRS notice that adds ERC schemes as a…

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US Taxpayers Could Be On the Hook for Credit Suisse Bailout, Expert Warns

March 21, 2023
bailoutbank crashBusiness & MarketsCredit Suisseeconomic policieseconomyEuropeFedInternationalMarketsPolicies & ImpactstaxesUSUS NewsWorld
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Following an emergency announcement on Sunday evening, the Federal Reserve loaned the Swiss National Bank (SNB) $101 million through its dollar swap facility. If the loan is not repaid by next week, U.S. taxpayers will foot the bill, a macroeconomic analyst told The Epoch Times. With its announcement over the weekend, the Fed—in coordination with…

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Consumer Privacy Bill in Tennessee Raises Concerns, Sponsor Says It Solves Current Lack of Regulation

March 21, 2023
consumer privacydata collectionlegislationPolicies & Impactsprivacy information actRegional & State NewsState NewsTennesseeUSUS News
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A bill in Tennessee with the intention of protecting consumers was set to be discussed in committees last week but due to time in the Senate and the sponsor requesting that discussion of the bill be held a week in the House, the bill has so far not moved anywhere. It is expected to be…

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