Capitol hill is trying to get to the bottom of the bank collapses that shocked the financial system last month, and today lawmakers grilled banking regulators about why they weren't able to stop the crisis. Cheddar News correspondent Lisa Bennatan broke down the proceedings.
Share:
More In Politics
Justice Department Says It Won't Charge Pence Over Handling of Classified Documents
The Department of Justice has informed former Vice President Mike Pence 's legal team that it will not pursue criminal charges related to the discovery of classified documents at his Indiana home.
Just Days to Spare, Senate Gives Final Approval to Debt Ceiling Deal, Sending It to Biden
Fending off a U.S. default, the Senate gave final approval late Thursday to a debt ceiling and budget cuts package, grinding into the night to wrap up work on the bipartisan deal and send it to President Joe Biden's desk to become law before the fast-approaching deadline.
'I Got Sandbagged,' Biden Quips After Falling at Air Force Graduation
He wasn't hurt and later joked that he "got sandbagged."
In Canada, Each Cigarette Will Get a Warning Label: 'Poison in Every Puff'
Canada will soon become the first country in the world where warning labels must appear on individual cigarettes.
New Federal Proposal Aims to Stop Racial Bias in Formulas Used to Value Homes
Vice President Kamala Harris said Thursday that federal agencies are taking new steps to stop racial discrimination in appraising home values by proposing a rule intended to ensure that the automated formulas used to price housing are fair.
House Passes Debt Ceiling Bill, Sends Biden-McCarthy Deal to Senate
Centrist Democrats and Republicans pushed it to approval over blowback from conservatives and some progressives. The Senate is expected to act quickly by the end of the week.
Oklahoma High Court Strikes Down 2 Abortion Bans, Though Procedure Remains Mostly Illegal
The Oklahoma Supreme Court ruled on Wednesday that two state laws banning abortion are unconstitutional, but the procedure remains illegal in the state in nearly all cases except life-threatening situations.
NYPD Officer Cites 'Courtesy Cards,' Used by Friends and Family of Cops, as Source of Corruption
A New York City police officer is speaking out against the use of “courtesy cards” by friends and relatives of his colleagues on the force, accusing department leaders of maintaining a sprawling system of impunity that lets people with a connection to law enforcement avoid traffic tickets.
Woman Who Threatened Nancy Pelosi During Capitol riot Gets Over 2 Years in Prison
A Pennsylvania restaurant owner who screamed death threats directed at then-House Speaker Nancy Pelosi while storming the U.S. Capitol was sentenced on Tuesday to more than two years in prison.
