Two Democrat lawmakers are probing if “mutual backscratching arrangements” between Silicon Valley Bank (SVB) and some of its biggest customers helped fuel its collapse early last month. Sen. Elizabeth Warren (D-MA) and Rep. Alexandria Ocasio-Cortez (D-NY) have requested responses from some of the largest depositors at the failed bank, to probe the nature of their relationship with the failed…
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Republicans are now moving to hold FBI Director Christopher Wray in contempt of Congress. The House Oversight Committee previously gave Wray six days to provide a document that they claim… [...]
Roughly 40 million borrowers of federal student loans will soon need to start paying their bills again, under a deal reached by President Joe Biden and House Speaker Kevin McCarthy… [...]
PORTLAND, Ore.—The driver of the semitruck involved in a fatal crash on Interstate 5 in Oregon earlier this month that left seven farmworkers dead has been indicted on charges of… [...]
LOS ANGELES—A California appeals court said Tuesday that Leslie Van Houten, who participated in two killings at the direction of cult leader Charles Manson in 1969, should be released from… [...]
Loretta Mester, president of the Federal Reserve Bank of Cleveland, said there was no “compelling” reason to wait for another interest-rate hike, in a recent interview. Mester told the Financial… [...]
U.S. Senate Banking Committee holds a hearing on ‘Countering China: Advancing U.S. National Security, Economic Security, and Foreign Policy’ at 10:00 a.m. ET on May 31. Elizabeth Rosenberg, Assistant Secretary… [...]
ALBUQUERQUE, N.M.—Police officers found Tony Peralta earlier this month sitting on a curb not far from the convenience store in a small southeastern New Mexico community where he borrowed a… [...]
U.S. Secretary of State Antony Blinken holds a press conference with members of the EU-US Trade and Technology Council after meeting at 9:05 a.m. ET on May 31. [...]
The White House announced on May 30 that President Joe Biden is formally withdrawing his nomination of Ann Carlson to be administrator of the National Highway Traffic Safety Administration (NHTSA), just months after… [...]
Six years ago, senior U.S. spies framed Gen. Michael Flynn, a combat veteran with over three decades in uniform, as a Russian spy. Even after he was forced out of the White… [...]