Treasury

"The dollar suffered a stunning collapse in 2022 in its market share as a reserve currency, presumably due to its muscular use of sanctions," says CEO and co-CIO of Eurizon SLJ Capital.

"There is risk when we use financial sanctions that are linked to the role of the dollar that over time it could undermine the hegemony of the dollar," Yellen said, adding that implementing sanctions against Russia "does create a desire on the part of China, of Russia, of Iran to find an alternative."

Former Secretary of State Mike Pompeo announced Friday he will not be running for president of the United States in 2024.

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

A Chinese bank provided Republican Senator Ron Johnson with Biden family bank records while US banks refused, revealing potential conflicts of interest and allegations of corruption.

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.”

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

Idaho Gov. Brad Little signed a measure on March 8 to strengthen an existing ban on private dollars funding election administration in his state.

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. 

Treasury Secretary Janet Yellen's admission that the government is picking winners and losers in the bank bailout process, particularly disadvantaging community banks, could lead to the consolidation of banking power in the hands of a few large institutions, according to critics.