Federal Reserve to Conduct Review of Silicon Valley Bank Failure

The Federal Reserve on Monday announced plans to conduct an internal review of the oversight of Silicon Valley Bank (SVB) after the bank’s abrupt failure last week. “The events surrounding Silicon Valley Bank demand a thorough, transparent, and swift review by the Federal Reserve,” Federal Reserve Chair Jerome Powell said in a statement. The Fed’s […]

Report: U.S. Govt. Made Duplicate Payments to Wuhan Lab in China, Potentially Losing Tens of Millions of Dollars

The United States government reportedly made duplicate payments to fund projects at the Wuhan, China, laboratory — the proposed origin of the coronavirus pandemic. Through the National Institutes of Health (NIH) and the U.S. Agency for International Development (USAID), the Wuhan lab in communist-controlled China allegedly received double the funds from research grants, according to […]

SVB’s ESG: Hiring and Supplier Quotas Based on Ethnicity, Race, Sex

Silicon Valley Bank’s (SVB) 2022 Environmental, Social, and Governance (ESG) report listed ethnic, racial, and sexual hiring quotas in pursuit of its own stated “diversity, equity and inclusion” goals. The report listed the following personnel targets: -“Increase women in senior leadership roles globally” to 43 percent by 2025 -“Increase Black/African American representation in US senior […]

Report: Police Called to Silicon Valley Bank’s NYC Branch

Police were reportedly called to Silicon Valley Bank’s Manhattan branch on Friday after depositors attempting to withdraw funds were locked out of the bank. The incident was the result of a bank run on its main branch in Silicon Valley with customers initiating withdrawals of $42 billion. On Friday, the bank was placed into receivership […]

Senate Republicans Seek to End Biden’s Welfare-Dependent Immigration

Senate Republicans are seeking to end President Joe Biden’s welfare-dependent legal immigration inflow to the United States after former President Trump had written new regulations to make it more difficult for welfare-dependent foreign nationals to secure green cards. In early 2020, the Trump administration finalized a federal regulation known as the “public charge” rule that […]

U.S. High School Defends Taking Money from Chinese Military-Linked Groups, Building Chinese STEM Program

Fairfax County Public Schools (FCPS) is defending the nation’s top-ranked public high school for taking hundreds of thousands of dollars from a Chinese military-linked organization to build a STEM program in China. As Breitbart News reported, Thomas Jefferson High School for Science and Technology (TJ), since 2014, has received over $250,000 from Tsinghua University High […]