The Federal Deposit Insurance Corporation (FDIC) has extended the bidding process for Silicon Valley Bridge Bank, which it took over the assets from after the bank failed earlier this month. The F...
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U.S. Sen. Marco Rubio (R-FL) is urging the U.S. Secretary of the Treasury Janet Yellen to consider the potential national security implications of selling assets from recently failed banks. Rubio ...
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U.S. Rep. Katie Porter (D-CA) and U.S. Sen. Elizabeth Warren (D-MA) are among a group of lawmakers sponsoring a bill that would repeal a provision in a 2018 bill that they say contributed to the colla...
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U.S. Sen. Elizabeth Warren (D-MA) is seeking answers from former Silicon Valley Bank CEO Greg Becker on potential efforts to roll back Dodd-Frank rules prior to the collapse of the bank. Warren sai...
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Hercules Capital, a venture capital investment firm, issued an update on its business following the recent closure of Silicon Valley Bank, a major bank for VC investors. Officials at the Palo Alto...
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U.S. Sens. Ron Wyden (D-OR) and Mike Crapo (R-ID) recently forwarded correspondence to President Joe Biden, advocating for the European Union (EU) digital regulations policy to be examined for unfairl...
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Federal regulators took various actions over the weekend to protect depositors and limit the financial impact of the failure of Silicon Valley Bank. The Santa Clara, Calif.-based bank, the 16th large...
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The Blockchain Association outlined fundamental principles for effective stablecoin legislation in a letter submitted to the U.S. House Committee on Financial Services last week. Association offici...
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U.S. Sens. Ben Cardin (D-MD) and Joni Ernst (R-IA) are urging the Small Business Administration (SBA) to rework proposed changes to its loan underwriting program that would allow financial technology ...
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The Consumer Financial Protection Bureau (CFPB) and the National Labor Relations Board (NLRB) are partnering to address practices that harm workers in the “gig economy” and other labor markets. ...
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