Republican Rep. Lauren Boebert (R-CO) is defiant amid the mounting banking crisis as Democrat President Joe Biden attempted to reassure Americans on Monday morning. As Slay News reported, New York's Signature Bank imploded on Sunday evening after the Friday collapse of Silicon Valley Bank (SVB). The crisis has caused a…

Joe Biden has blamed President Donald Trump for the recent bank failures and broadening bloodbath on Wall Street. Trading was halted on many regional banks after they suffered steep stock losses caused by Silicon Valley Bank (SVB) and Signature Bank collapsing. Rather than take any blame or responsibility for the…

The banking crisis deepened on Monday morning as several banks plunged in pre-market trading, causing customers to begin lining up to withdraw their funds. The news comes after the implosion of Silicon Valley Bank (SVB) on Friday, marking the second-largest U.S. bank collapse in history. On Sunday evening, regulators also…

President Joe Biden has said that investors in the collapsed Silicon Valley Bank will "lose their money" because "that's how capitalism works." In a prepared address, Biden assured the American people that he has confidence that the U.S. banking system is safe. The president outlined his administration’s plan surrounding Silicon…

Regulators have shut down New York's cryptocurrency-focused Signature Bank in an effort to prevent the banking crisis from spreading. The banking regulators cited "systemic risk" in a statement announcing the move on Sunday evening. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New York,…