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The Latest Breaking News from Joe Biden

Silicon Valley Bank collapse: What you need to know

Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial system, and President Joe Biden is reassuring Americans that the money they have in banks is safe

The Independent UK

Ron DeSantis' Immigration Playbook Is All About Big Government

Despite his declared commitment to freedom and fiscal conservatism, DeSantis' immigration policies represent a dramatic expansion of government power and spending.

Reason

US repels migrants as asylum app frustration grows in Mexico

A U.S. Customs and Border Protection spokesman says a large number of migrants in Mexico who tried to push their way into the United States were prevented from crossing a bridge leading to El Paso, Texas, from Ciudad Juarez, Mexico

The Independent UK

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With Biden's visit to Canada, US will seek commitment on leading a Haiti security force

WASHINGTON — Biden administration officials are pressing their Canadian counterparts to make a decision on whether Ottawa will lead a multinational force into Haiti to assist the crisis-wracked Caribbean nation in its battle against gang control, U.S. and diplomatic sources said.

Miami Herald

GOP: "Woke" ideology caused SVB collapse

Trump-era Dodd-Frank rollback contributed to Silicon Valley Bank's downfall

Salon

The Biden administration approves the controversial Willow drilling project in Alaska

Environmental advocates opposed to the oil drilling project have called it a "carbon bomb," but proponents such as Alaska politicians and labor unions say it will bring jobs and revenue to the state.

WEKU

US approves contentious oil drilling project in Alaska

Biden administration’s approval of Willow project in northwestern US state draws condemnation from environmental groups.

Al Jazeera

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Saudi-Iran deal won't bring peace to the Middle East but will enhance China's role as power broker

After more than four decades as seemingly implacable enemies on either side of a deep political-religious divide in the Middle East, Saudi Arabia and Iran have agreed to restore diplomatic relations and reopen embassies. The deal, which was signed in Beijing, comes seven years after diplomatic relations were severed in…

The Conversation

Republicans greet call for expanded EPA staffing with skepticism - Roll Call

The White House proposal to expand the EPA's staffing after years of decline was greeted with immediate pushback from Republicans.

Roll Call

Certain Ukrainians eligible to extend their stays in the US - Roll Call

The Department of Homeland Security said Monday that certain Ukrainians in the U.S. may be eligible to remain longer in the country.

Roll Call

Biden offers assurances after major US banks collapse

President says banking system is ‘safe’ but will seek accountability after second largest failure in US history.

Al Jazeera

Alaska's Willow oil project is controversial. Here's why.

Supporters say a major oil project President Joe Biden is OK'ing on Alaska’s petroleum-rich North Slope represents an economic lifeline for Indigenous communities while environmentalists say it runs counter to his climate goals

The Independent UK

Rishi Sunak is not America’s No 1 ally like I was, says Tony Blair

Former PM says that he is why he backed Iraq War - to make sure White House called No 10 first in a crisis.

The Independent UK

Biden says banking system is safe, blames Trump for Silicon Valley Bank failure

WASHINGTON — President Joe Biden said Monday that the U.S. banking system is “safe and secure” following the failure of Silicon Valley Bank and closure of Signature Bank last week.

Los Angeles Times

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The Guardian - US

Biden approves controversial Willow oil drilling project in Alaska

Environmentalists and some Alaskan Native communities had opposed the plan over climate, wildlife and food-shortage fears

Radio France Internationale

World leaders rally to reassure markets, public on US banking crisis

President Joe Biden has assured US taxpayers that they will not have to pay for losses in the banking sector, after French and German authorities said that recent collapse of several US banks pose no danger to European financial institutions.

Axios

Biden administration approves vast Willow oil project in Alaska

The project could produce about 576 million barrels of oil over 30 years.

Ballotpedia

Democratic attorneys general sue Biden administration over FDA abortion pill regulation

A group of 12 Democratic state attorneys general filed a lawsuit in the United States District Court for the Eastern District of Washington against the Food and Drug Administration (FDA) on Feb. 23, 2023, arguing that the agency’s regulations on the abortion-inducing drug mifepristone violate state sovereignty by limiting the…

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Roll Call

GOP takes up arms against Biden's energy, climate spending plan - Roll Call

Biden's budget request would spend billions on climate and low-carbon energy programs as Republicans press for more fossil fuel production.

Chicago Sun-Times

‘Your deposits will be there when you need them,’ president says

President Joe Biden on Monday moved to assure the public after the swift and stunning collapse of two banks that prompted fears of a broader upheaval.

The Guardian - UK

Silicon Valley Bank: global banking shares slide as fallout spreads

Stock markets fail to be reassured by Joe Biden’s intervention, as SVB failure is followed by Signature

Los Angeles Times

Biden blames Trump deregulation for Silicon Valley Bank failure

WASHINGTON — President Joe Biden on Monday blamed the collapse of Silicon Valley Bank and closure of Signature Bank on former President Trump’s 2018 decision to scrap some Obama-era banking regulations.

Roll Call

Alaska oil project approved as protection sought for other areas - Roll Call

A massive oil and gas facility in was approved by the Biden administration, which also proposed new drilling limits elsewhere in Alaska.

The Independent UK

Biden says banking system is ‘safe’ after Silicon Valley Bank collapse and vows accountability for executives

‘No losses will be borne by the taxpayers,’ the president says

WEKU

Banking shares slump despite U.S. assurances that deposits are safe

The declines come despite emergency measures by regulators to protect depositors at Silicon Valley Bank and Signature Bank and President Biden's remarks to reassure Americans.

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