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.
The trial of members of the Proud Boys accused of seditious conspiracy and other charges in connection with the January 6th events at the Capitol has been halted after leaked chat logs from an FBI Special Agent suggested that she had been ordered by her boss to destroy evidence.
The select committee assigned to investigate the Capitol riot did not review the surveillance footage, which is the primary evidence of the event, and outsourced the task to a team of employees, as revealed after Kevin McCarthy permitted controlled access to the video for House members to decide what happened on that day.
