money

Silicon Valley Bank

White House calls on financial regulators to bring back safeguards for regional banks

BY: - March 30, 2023

WASHINGTON —  The Biden administration, placing blame on Trump-era rollbacks, Thursday called on federal banking regulators to reinstate safeguards for regional banks after the record-setting collapse of Silicon Valley Bank and Signature Bank of New York earlier this month. The White House wants the agencies to revive regular stress testing at banks in the $100- […]

A security officer stands outside the Federal Reserve building in Washington, D.C.

Silicon Valley Bank’s collapse differs from our last financial crisis

BY: - March 13, 2023

After the largest U.S. bank failure in more than a decade, regional bank stocks plunged on Monday as the federal government — with the 2007-2008 financial crisis still a fresh memory for many — rushed to reassure Americans that the U.S. banking system was stable. President Joe Biden told Americans that the risks taken on by failed […]

A white woman consoles her daughter because the younger woman became pregnant. (Getty Images)

Arkansas pregnancy centers seek almost $500,000 in second round of state grants

BY: - December 12, 2022

Pregnancy resource centers throughout Arkansas asked the state in November for a total of nearly half a million dollars, much of what’s left in a state fund aimed at facilities that discourage clients from ending their pregnancies. Nine of the 16 applicants for this second round of funding also applied for the first round in […]