2023-03-14
Biden says investors in the failed banks will “not be protected” “They knowingly took a risk and when the risk didn't pay off investors lose their money. That's how capitalism works” https://twitter.com/...
New York Times
Signature's and SVB's collapse was aided by GOP-led Dodd-Frank reforms that raised the “stress test” threshold from $50B to $250B, pushed for by SVB executives
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Biden says investors in the failed banks will “not be protected” “They knowingly took a risk and when the risk didn't pay off investors lose their money. That's how capitalism works” https://twitter.com/...
U.S. Department of the Treasury
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
2022-11-18
NEWS: The US govt continues to seek information on private agreements Musk made w/ foreign investors that now hold stakes in Twitter, and whether those deals allow them to access users' personal data, sources tell me, @DanielPFlatley + @JenniferJJacobs https://www.bloomberg.com/...
The Verge
Hundreds of Twitter employees post farewell messages and salute emojis in Slack and tweets, announcing their resignations after Elon Musk's “hardcore” ultimatum
Musk gave Twitter staff a deadline to say if they are staying for his cultural reset of the company.
2021-09-23
Saule Omarova will be first woman to head the OCC, if confirmed The comptroller supervises the nation's biggest lenders including JPMorgan Chase & Co., Bank of America Corp. and Citigroup https://www.bloomberg.com/... https://twitter.com/...
Bloomberg
Sources: Biden plans to nominate Cornell law professor and cryptocurrency critic Saule Omarova to run the Office of the Comptroller of the Currency
Bloomberg :
NEW: Biden will to nominate Saule Omarova, a law professor who has criticized cryptocurrencies and advocated for the govt to have a much bigger role in banking, to run the OCC Saule Omarova w/@jesseahamilton + @benbain More on @TheTerminal
Bloomberg
Sources: Biden plans to nominate Cornell law professor and cryptocurrency critic Saule Omarova to run the Office of the Comptroller of the Currency
Bloomberg :
2021-06-09
.@nickclegg, vp of Facebook's global affairs, says today's G7 tax deal is a step toward “certainty for businesses” https://twitter.com/...
Bloomberg
Under G7's proposed tax rules, tech giants like Facebook and Apple would still be unlikely to shift bases from Ireland, which has perks like a low 12.5% rate
2020-09-17
Kushner, when asked a out TikTok on Fox Business: “If the president doesn't like a deal, he won't be afraid to walk away from it.” https://www.bloomberg.com/...
Bloomberg
Sources: Oracle's bid for TikTok falls short of addressing Trump administration's national security concerns; a final decision has not yet been reached
Oracle Corp.'s bid for TikTok falls short of resolving concerns of Trump administration officials that the Chinese-owned video-sharing app poses …
2020-08-22
Trump's team still working out how to enforce a WeChat ban in the US, and whether it would allow Apple and Google to carry the app in its global app stores outside of the US Story link: https://www.bloomberg.com/... https://twitter.com/...
Bloomberg
Sources: Trump administration is signaling that US companies can continue to use WeChat in China, and intends to prohibit downloads of WeChat in US app stores
Bloomberg :