Federal Deposit Insurance Corporation (FDIC) Alert! FDIC is seeking PUBLIC comment on the proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund arising from the protection of uninsured depositors in connection with SVB & Signature Bank–$15.8 billion.

by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-10447.pdf The FDIC is seeking comment on a proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund (DIF or Fund) arising from the protection of uninsured depositors in connection with …

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Sen. Bennett (D-CO) has introduced a bill to create a federal Ministry of Truth for online platforms

by EuphoricTrilby Link to bill https://www.bennet.senate.gov/public/_cache/files/9/c/9cdacd51-41dd-470f-89d7-4cfa6a700cb8/DC68CD6481E262D668211395ABEA0EE2.05.09.21—bennet-digital-platform-commission-act—final-text.pdf This really reeks as a Congress-side version of the previously-failed Disinformation Governance Board, under the DHS. There are certain actors in our federal govt that are dead set on restricting free speech in the US, …

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SEC Chair Gary Gensler: “Though I’m not suggesting that such individual funds areas large as today’s largest banks, as noted in the Federal Reserve’s recent Financial Stability Report, the largest hedge funds by gross asset value have at times on average exceeded 20-to-1 leverage.

by Dismal-Jellyfish https://www.sec.gov/news/speech/gensler-honest-unbiased-investment-management-05192023#_ftn10 SEC Chair Gary Gensler in speech “Honest and Unbiased Investment Management”: Remarks before the Inaugural Conference on Emerging Trends in Asset Management Highlights Private Funds: Today, nearly 75 years later, the private fund industry has grown to …

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Janet Yellen just warned of more bank failures to come at the same time that debt ceiling talks are suspended. Today is the last day of the month to keep the market artificially bid using call options.

Janet Yellen just warned of more bank failures to come.https://t.co/eRNWyF40LV Good thing to learn on a Friday afternoon at the same time that debt ceiling talks are suspended. pic.twitter.com/J1EHKFFZpu — Mac10 (@SuburbanDrone) May 19, 2023 This country is a mess …

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