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
Unions Say Norfolk Southern Workers at Crash Site Have Fallen Sick
Railroad unions report that workers for Norfolk Southern who were present at the derailment and chemical spill site in East Palestine, Ohio, have been falling ill.
House Ethics Panel Launches Probe Into GOP's George Santos
The House Ethics Committee announced is launching an investigation into embattled Republican Rep. George Santos.
White House Outlines Plan to Shift Burden of Cybersecurity Threats
The Biden administration on Thursday released a plan for improving the nation's cybersecurity by shifting the burden from individuals, small businesses, and local governments to federal agencies and major tech providers.
Congress Moves Closer to TikTok Ban On Government Devices
Congress Moves Closer to TikTok Ban On Government Devices
COVID-19 Conspiracies Soar After Latest Report on Origins
COVID-19's origins remain hazy. Three years after the start of the pandemic, it's still unclear whether the coronavirus that causes the disease leaked from a lab or spread to humans from an animal.
Chicago Mayor Lori Lightfoot Loses Reelection Bid
Paul Vallas and Brandon Johnson will meet in a runoff to be the next mayor of Chicago after voters on Tuesday denied incumbent Lori Lightfoot a second term, issuing a rebuke to a leader who made history as head of the nation’s third-largest city.
Chicago Mayor Lightfoot Ousted; Vallas, Johnson in Runoff
Chicago Mayor Lori Lightfoot has lost her bid for a second term. None of the nine candidates in Tuesday’s election won more than 50% of the vote, so Paul Vallas and Brandon Johnson will meet in a runoff to succeed her.
Millions at Risk of Slipping Into Poverty as COVID-Era SNAP Benefits Set to End
A large cross-section of Americans is at risk of falling below the poverty line as the program that provided more than 32 million people with extra SNAP benefits during the pandemic is set to end. Families received at least $95 extra per month to spend on food.
Chicagoans Voting for Mayor on Tuesday
Voters in Chicago are heading to the polls on Tuesday as eight candidates seek to replace current Mayor Lori Lightfoot.
