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The Latest Breaking News from Washington D.C.

Biden says banking system is safe, promises accountability for Silicon Valley Bank failure

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…

Los Angeles Times

Washington tries to contain chaos from Silicon Valley Bank’s failure

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Chicago Sun-Times

Mitch McConnell discharged from the hospital after suffering a concussion last week

The Kentucky senator suffered a concussion and minor rib fracture when he fell during a Washington D.C. dinner event Wednesday night.

WEKU

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Biden intends to visit N Ireland to mark anniversary of Good Friday Agreement

Mr Sunak revealed that Mr Biden had also invited him to visit Washington DC in June.

The Independent UK

Biden expected to have call with China’s Xi Jinping but no date set

WASHINGTON — President Joe Biden plans to hold a phone call with his Chinese counterpart, Xi Jinping, once the legislature concludes its annual gathering and the government in Beijing returns to work, National Security Adviser Jake Sullivan said.

Tribune News Service

VP Harris lauds Texans asking court to remind doctors that abortion is legal in emergency

WASHINGTON — Vice President Kamala Harris on Monday lauded the five “courageous” women pressing in court to clarify the Texas abortion ban after doctors — fearing prosecution — refused to end their pregnancies despite medical emergencies.

Tribune News Service

Certain Ukrainians eligible to extend their stays in the US

WASHINGTON — The Department of Homeland Security said Monday that certain Ukrainians who entered the U.S. at a land border shortly after Russia’s invasion, and were given permission to stay for one year, may be eligible to remain longer in the country.

Tribune News Service

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Mitch McConnell released from hospital, headed to inpatient physical therapy

WASHINGTON — Senate Minority Leader Mitch McConnell was discharged from the hospital Monday after suffering a concussion and a minor rib fracture from a fall last week.

Tribune News Service

Mitch McConnell discharged from hospital six days after hotel fall

Kentucky lawmaker fell at private dinner in Washington DC’s Waldorf Astoria hotel last week

The Independent UK

GOP takes up arms against Biden’s energy, climate spending plan

WASHINGTON — President Joe Biden’s budget request would allocate billions of dollars for climate and low-carbon energy programs just as Republicans press for less environmental protection and more fossil fuel production, muddying the outlook for potential areas of agreement.

Tribune News Service

Black Sea grain deal talks at 'critical moment' -U.S. State Dept

U.S. State Department spokesperson Ned Price said on Monday it was a "critical moment" in negotiations on the UN-brokered Black Sea Grain Initiative, which Washington hopes will be extended before it expires on March 18.

Reuters

Taoiseach Leo Varadkar travels to Washington for St Patrick's Day meeting with Joe Biden

Taoiseach Leo Varadkar will travel to Washington today for a three-day visit. He will attend the White House for a meeting with US President Joe Biden on Friday, where it is expected the President could announce a trip to Ireland.

Irish Mirror

Alaska oil project approved as protection sought for other areas

WASHINGTON — The Interior Department on Monday approved the operation of a massive oil and gas facility on Alaska’s North Slope, a ConocoPhillips project called Willow supported by the state’s congressional delegation but opposed by environmental groups.

Tribune News Service

Commanders to sign former Giants OL Nick Gates

Nick Gates is 27, versatile, and can play any of the three interior positions.

USA Today Sports Media Group

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Miami Herald

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.

The Japan News/Yomiuri

Wakata back from ISS after 5-month mission

WASHINGTON -- Astronaut Koichi Wakata of the Japan Aerospace Exploration Agency (JAXA) returned to Earth on Saturday with three crewmates from the International Space Station (ISS).

Tribune News Service

House Republicans’ attempt to block staffer unions may have missed mark

WASHINGTON — A report from a congressional watchdog argues that Republicans’ attempt to nix staffer unions in the House rules package isn’t valid, and recent testimony from the agency that oversees Hill worker protections seems to confirm that analysis.

Tribune News Service

Woody Guthrie’s family to Josh Hawley: Stop using his lyrics, insurrectionist

WASHINGTON — Sen. Josh Hawley referenced Woody Guthrie last week when he sponsored a bill to prevent people associated with the Chinese Communist Party from owning U.S. farmland and called it the “This Land is Our Land Act.”

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Los Angeles Times

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.

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…

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.

Bangkok Post

Pfizer buys biotech firm Seagen for $43 billion

WASHINGTON - US pharmaceutical giant Pfizer announced Monday that it had reached a deal to buy biotech firm Seagen, specializing in innovative cancer treatment, for $43 billion.

Liverpool Echo

Wayne Rooney thrilled as Coleen swaps UK for Washington

The DC United coach was visited by wife Coleen for a 'great week'

The Independent UK

Iran-Saudi Arabia deal casts China in unfamiliar global role

An agreement between Iran and Saudi Arabia to re-establish diplomatic relations has cast China in a leading role in Middle Eastern politics — a part previously reserved for longtime global heavyweights like the U.S. and Russia

Asharq Al-Awsat

Tehran Announces Prisoner Swap Deal, Washington Denies

The 9th session of the Strategic Consultation Committee between the Sultanate of Oman and Iran was held in Muscat on Sunday in light of reports saying Tehran is exerting efforts to activate contacts with Washington for the return of indirect negotiations on the nuclear file. Also on Sunday, Iran announced…

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