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Washington mdash; Rep. Patrick McHenry, the chair of the House Financial Services Committee, said Sunday that he believes all options should be on the table to prevent further crisis in the banking sector following the abrupt collapses of two banks this month, including allowing a large, too-big-to-fail institution to buy a smaller, troubled one.In an interview with Face the Nation, McHenry said Congress must explore the circumstances that led to the closures of Silicon Valley Bank on March 10 and Si
stanley cup gnature Bank of New York two days later, as well as the Biden administration s response, including whether there was the opportunity for a larger bank to step in and rescue the two failing institutions.The North Carolina Republican
stanley cup that what I need to get to the bottom of i
stanley cup nvestigatively, in Congress, is the who, what, when, where, why, and how of these bank failures and the decision over last weekend by the Biden administration to deploy emergency measures to shore up the banking system and backstop deposits at those banks. We saw a private sector response to help support a bank, he said. Was that a viable option last weekend Or was there an ideological lens that prevented them from taking these institutions and making it less turbulent for America Transcript: Rep. Patrick McHenry on Face the Nation McHenry said while lawmakers do not know whether the Biden administration had a viable buyer for Silicon Valley Bank last weekend, Ofgh Tiger dies after contracting COVID at Ohio zoo
WASHINGTON -- Despite White House objections, the Senate voted for a resolution
airmax Wednesday to scrap new federal rules to protect smaller streams, tributaries and wetlands from development and pollution.Senators voted 53-44 in favor of a resolution of disapproval, a measure that would void the regulations if also passed by the House and signed by the president. The White House has already said it would veto the resolution.On Tuesday, Senate Democrats blocked a separate bill that would have required the agencies to withdraw and rewrite the rules. The House had passed similar legislation. The Obama administration says the rules issued by the Environmental Protection Agency and the U.S. Army Corps of Engineers in May would safeguard drinking water for 117 million Americans. In its veto threat, the White House said that more than 1 in 3 Americans get their drinking water from rivers, lakes, and reservoirs that are at risk of pollution from upstream sources.Republicans and some rural Democrats say the regulations are costly, confusing and a government power grab, giving federal regulators unprecedented control of small bodies of water on private land. I ve heard from constituents across the state of Iowa who have grave
stanley cup concerns with the ambiguity of this rule, said Iowa Sen. Joni Ernst, the Republican sponsor of the resolution. They are holding off on making conservation improvements to their land, for fear of being later
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