Tag: American Banks

The Meltdown of Commercial Real Estate

In case you’ve still got money in a bank, Bloomberg is warning that defaults in commercial real estate loans could “topple” hundreds of U.S. banks.

Biden Admin Orders Banks Not to Reject Illegal Immigrants’ Loan Applications

Two federal agencies have warned financial institutions not to reject illegal immigrants' credit applications based solely or mostly on citizenship status.
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Moody’s Places 6 US Banks on Review for Downgrade

Credit ratings agency Moody’s has put six U.S. banks on review for downgrade, including First Republic Bank, which is one of the largest in the country.
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Home Depot Founder Asks Americans to ‘Wake Up’ After Silicon Valley Bank Collapse

Home Depot's Bernie Marcus asked Americans to “wake up” to the reality that the U.S. economy is in “tough times,” following collapse of Silicon Valley Bank (SVB).

Biden Insists Financial System Is ‘Safe’ Following Failures of SVB, Signature Bank

President Biden on failures of banks, insists U.S. financial system is “safe” after Fed Reserve rolled out emergency lending program to stabilize banking system.
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GOP Senators Introduce Bill to Block Biden’s ‘Weaponization’ of IRS Bank Account Surveillance

President Joe Biden’s proposal for a radical expansion of IRS monitoring of Americans’ bank accounts would be stopped in its tracks...

Judicial Watch Sues to Obtain FBI Communications With Banks Over Jan. 6 Protesters

Judicial Watch is suing the Department of Justice (DOJ) for records of communications between the FBI and major banks that gave...