Government And Institutions

In total, investors and depositors initiated withdrawals equating to about $42 billion in deposits from the bank on Thursday alone, causing a run on the bank, according to a regulatory filing.

After the FDIC seized Silicon Valley Bank, some customers knew their money was insured, others were left hanging until regulators stepped in.

The Federal Aviation Administration is investigating yet another close call, this time between two planes at Ronald Reagan Washington National Airport in Arlington, Virginia.

Credit Suisse saw its stock sink to a record-low price level Tuesday in the morning, with shares for the bank subsequently being priced around $2.50 by afternoon.

The Department of Justice and the Securities Exchange Commission are reportedly launching investigations into the collapse of Silicon Valley Bank and stock trades made by the bank's officers.

Former Treasury Secretary Larry Summers said Silicon Valley Bank made an "elementary" mistake in banking that led to its collapse and takeover by federal regulators.

KPMG audited Silicon Valley Bank and Signature Bank and gave both financial institutions clean bills of health just days before regulators shuttered both financial institutions

The FDIC on Friday took control of Silicon Valley Bank in order to secure depositors after a run on the bank led California regulators to shut it down.

There is a scarcity of a certain albuterol medication product  – and the Food and Drug Administration said Wednesday night that it is "working to address" that.

President Biden’s nominee to lead the Internal Revenue Service has received confirmation by the Senate. The vote to confirm Daniel Werfel had a 54-42 result.

The Department of Transportation (DOT) launched a dashboard this week that shows what airlines guarantee that children can sit adjacent to an accompanying adult at no extra cost.

A couple million dollars' worth of refunds have started being distributed to customers of the online stock trading website Raging Bull, the FTC announced Monday.

The Biden administration has rolled out a proposed rule tightening the requirements for allowing meat, poultry or eggs to be labeled as a "Product of the USA."

As more deceased whales wash up ashore, conservation groups say these deaths could have been avoided had the White House acted earlier when they received a warning, highlighting this very issue.

Senators Lummis and Gillibrand expect to a “slimmed-down” but “stronger” version of their prior cryptocurrency legislation to the Senate some time in April.

The Consumer Product Safety Commission (CPSC) is seeking public input on the chronic chemical hazards associated with the use of gas ranges, and proposed solutions.

President Biden and Secretary of Transportation Pete Buttigieg are calling on major carriers to

Norfolk Southern announced Wednesday that Chief Executive Alan Shaw will testify before the Senate Environment and Public Works Committee Match 9 on the Ohio train derailment.

TikTok on Wednesday announced that it is setting a new default time limit for users under 18 years old amid growing scrutiny over the popular social media app.

Sen. Ted Cruz, R-Texas, on Wednesday said President Biden's nominee to lead the Federal Aviation Administration, Phil Washington, is not qualified for the job.