Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott
Fox News
Senator Tim Scott, R-S.C., sounds the alarm on the Biden administration's decision to insure all deposits following the collapse of Silicon Valley Bank.
In a joint statement released Sunday afternoon, Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg announced "decisive actions" to guarantee all deposits, including the uninsured funds. Christopher Lopez is a digital production assistant for Fox News Digital. He joined Fox News in 2021.
"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system," the joint statement read. "This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth."
The jury foreperson in Zachary Young’s defamation victory over CNN said she was prepared to award "up to $100 million" in punitive damages before an undisclosed settlement was reached.
A committee vote on advancing the confirmation of FBI director nominee Kash Patel has officially been delayed to next week after Senate Democrats demanded a second hearing.
A committee vote on advancing the confirmation of FBI director nominee Kash Patel has officially been delayed to next week after Senate Democrats demanded a second hearing.
A nonpartisan election integrity group has released its annual report warning of critical changes that need to be made in order to ensure free and fair elections.
A group of neighbors chased down a man suspected of starting a fire Monday afternoon near the Chatsworth Reservoir in Los Angeles.
The Senate is expected to vote on the nomination of Russell Vought to lead the Office of Management and Budget after Democrats are likely to hold the floor for 30 hours.
Secretary of State Marco Rubio assumed another role in the Trump administration, acting director of the U.S. Archives. He is also acting director of USAID.
President Donald Trump's appointment of Gail Slater as head of the Antitrust Division of the Justice Department will challenge Big Tech.
First on Fox: A nonprofit public advocacy group that focuses on health care and aligns with Democrats targets House Republicans as part of what it touts as its $10 million 'Hands Off Medicaid" campaign
Comedian Amber Ruffin discussed headlining the upcoming White House Correspondents' Association Dinner on CNN’s “The Lead with Jake Tapper" on Wednesday.
In a staff memo obtained by Fox News Digital, Politico chiefs denied they are a 'beneficiary of government programs' as the White House vows to cancel federal payments to the outlet.
It's President Reagan's birthday. He's one of two US leaders who worked to Make America Great Again. President Trump shares that role, along with a devotion to the nation and its people.
Federal Communication Commission Chairman Brendan Carr told Fox News Digital he's perplexed by CBS News' handling of the transcript of its "60 Minutes" interview with Kamala Harris.