According to a report by the Times of Israel, the country’s two largest banks were able to transfer $1 billion out of Silicon Valley Bank to accounts in Israel before it was seized by the feds.
New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
Tucson Sector Border Patrol officials report the apprehension of a large migrant group who crossed the border near Lukeville, Arizona, on Monday. The group of 235 migrants consisted of citizens of 14 different nations and included children.
Just hours before the CEO of Norfolk Southern testified this week before Congress about his railway's apparent difficulty staying on the tracks, another one of its trains derailed in Alabama.
New York City Mayor Eric Adams, a Democrat, is hoping to send illegal migrants to college for free, with taxpayers footing the bill that could cost around $1.2 million in the first year.
Inspectors General from the Labor Department, Treasury Department, and Small Business Administration (SBA)testified on Covid-19 relief funding to the House Oversight Committee, stating that billions of dollars were lost through "fraud" and "waste" in what was "the biggest fraud in a generation."
An audit has revealed that over 42,000 federal employees have repeatedly failed to file their taxes, owing $1.5 billion in unpaid taxes, with the IRS having little ability to punish them.
Former President Donald Trump has called for the committee investigating the January 6, 2021 unrest at the Capitol to be "tried for fraud and treason," claiming that crucial video footage was omitted and that recently-released security footage shows Capitol Police escorting some alleged Trump supporters through the Capitol building.
Former CDC Director Dr. Robert Redfield testified that COVID-19 most likely originated from a laboratory in Wuhan, China, citing unusual events that occurred in September 2019.