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.
Members of the House Freedom Caucus on Friday outlined the conditions necessary to attain their vote for a raise on the national debt limit, including setting a cap on discretionary spending for 10 years, stopping President Joe Biden's student loan forgiveness plan, and pulling back the $80 billion approved late last year to expand the Internal Revenue Service.
The congressman who would lead the most powerful investigative committee in the House if Republicans win the midterms is sending an unmistakable advance warning to the permanent federal bureaucracy: It's time to "get rid of some of these useless bureaucrats who are just a drain on the American taxpayer."
Twitter owner Elon Musk said the social media company’s revenue is declining because of skittish advertisers, despite the tech platform making zero changes to its censorship policies.
