The Latest Breaking News from Silicon Valley Bank

Economists see Lehman Brothers-style crisis as unlikely despite jitters following collapse of California-based lender.

WASHINGTON — “This is not 2008”: That was the mantra of Biden administration officials Monday as they sought to reassure investors and the public that a regulatory takeover of two failed banks and rescue of their depositors, along with newly implemented safeguards, would be enough to avert a broader crisis…

For decades, the dominant mantra of Silicon Valley's powerful has been that government is just a drag on their innovative spirit. Get regulators off our backs, they've argued, and we'll improve people's lives to an indescribable degree.

The Biden administration has taken pains to avoid the word "bailout" in describing the effort to rescue Silicon Valley Bank depositors. Yet banking experts say it sure does look like a bailout.

Each side is seizing on the themes already animating their economic message heading into 2024.

President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

Right-wing media and GOP officials falsely turn to catch-all boogeyman after historic financial failure

The tech world typically resists government regulation, but Silicon Valley Bank's collapse led some to push for government intervention.

A regulatory takeover of a New York-based bank was intended to send a message to banks to stay away from the cryptocurrency business