Uninsured Chinese depositors in the failed Silicon Valley Bank likely will be made whole through the special assessment on U.S. banks that is funding the rescue crafted by the Biden administration, Treasury Secretary Janet Yellen told lawmakers Thursday.
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Washington — Democratic Rep. Ro Khanna of California on Sunday urged the Biden administration to take “decisive action” in response to the rapid collapse of Silicon Valley Bank and ensure depositors will be protected and […]
Senator Ed Markey of Massachusetts is calling on Congress to pass new legislation to rein in Big Tech companies after Elon Musk ignored an information request. “Elon Musk could respond to my tweets but failed […]
US Senators Elizabeth Warren and Roger Marshall have a bipartisan bill designed to crack down on illegal uses of cryptocurrency. If passed, would extend aspects of the (BSA), a Nixon-era law Congress passed to combat […]