Federal Reserve

Presidential Candidate RFK Jr. Sounds Alarm on U.S. Introducing, Centralizing Digital Currency

Central Bank Digital Currencies (CBDCs) "grease the slippery slope to financial slavery and political tyranny," says Kennedy.

Banks Record Billions Worth of Withdrawals

Last week, 25 of the largest banks in the United States recorded a $90 billion outflow of deposits after initially seeing an increase in deposits following the collapse of Silicon Valley Bank (SVB).

Nearly $120 Billion of Deposits Pulled From Small Banks After Silicon Valley Collapse

Customers of small U.S. banks pulled a record $119.9 billion of deposits in the seven days ending March 15, data released by the Federal Reserve showed Friday.

Biden Approval Drops to Near-Record Low

Biden's current approval rating is 38%, his lowest rating being 36% in July 2022.

Sen. Cruz Introduces Legislation Prohibiting Federal Reserve from Developing Central Bank Digital Currency

Ted Cruz introduces legislation to prevent the U.S. Federal Reserve from creating a digital currency to avoid financial surveillance and government control over Americans' financial information.

Moody’s Chief Economist: ‘Inflation Is Still High’ So Problems Like Banking Issues Will Continue for ‘Next 12-18 Months’

During an interview with CBS News on Tuesday, Moody’s Analytics Chief Economist Mark Zandi stated that the problems in the banking industry are the inevitable result of rate hikes by the Federal Reserve where “things are going to start to wobble and break and it’s going to feel uncomfortable.”

Are Bank Failures a Sign of More Trouble Ahead?

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history.

House Committee Sets Date for First Hearing Into Banking Crisis

Federal regulators will testify before the House Financial Services Committee on March 29 about the Silicon Valley Bank (SVB) and Signature Bank collapses, according to a press release. 

$30 Billion Rescue of First Republic Bank Announced by Major Banks

A group of banks announced a $30 billion rescue of First Republic Bank on Thursday afternoon as part of efforts to stabilize the market.

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