Federal Reserve officials were reportedly in discussions with Silicon Valley Bank (SVB) to use its discount window, right before its collapse earlier this month.
The Fed’s top enforcer testified in front of Congress on March 29, as the elected representatives demanded answers for the California-based lender’s collapse.
House lawmakers questioned the regulators’ competency and accused their enforcers of being asleep at the switch.
The blame for sudden collapse of SVB can be spread around to the bank’s executives, Fed supervisors, and other government regulators, Michael Barr, the Fed’s vice chair for supervision, told the House Financial Services Committee, for the second round of hearings regarding the crisis, after an appearance in front of the Senate Banking Committee the previous day….
DEAR ABBY: My 28-year-old daughter moved back home when COVID hit. She works as an influencer and also has a part-time job as a content creator. She doesn’t pay bills. My husband doesn’t want her to pay rent, etc. I feel it’s important for her to do so. She does pay for her groceries and gas.
She stays in her room day and night. She used to go out with friends, but now doesn’t do anything. She says she has cyber friends. We have asked her to come out with us at times, but she refuses. Another problem is, she hasn’t gone to the doctor or dentist in a very long time. I talked with her about it, and she blamed me for not taking her. I offered to go with her, but she doesn’t do anything about it.
My husband doesn’t think there is a problem, but I feel there is. I feel we have enabled her, although we didn’t mean to. Should we be charging her rent? How do we get her to become more social? How do we get her the right help so she can move forward in life? — CONCERNED MOM IN RHODE ISLAND
DEAR CONCERNED MOM: A step in the right direction would be for your husband to take his head out of the sand and admit that his daughter may have a problem. The next step would be to have a frank talk with her and tell her that if she is going to continue living with you, she must agree to have medical and dental checkups. Go with her so you can understand what is going on, because your daughter appears to have some emotional issues. Her “world” may be on the web, but unless she can find one on terra firma, expect her to be under your roof forever.
DEAR ABBY: I’ve been in a relationship with my partner (we’re both male) for more than four years. He argues nonstop about everything from politics to why the squirrel outside ran across the street. Daily, I hear him complain about everything, from the news to the grocery list, laundry, you name it.
A friend of mine will be in town this weekend. He invited my partner and me to a football game. When I shared this with my partner, he immediately declined, complained about the invite and said he’d rather stay home. I’ve had it up to here with his negativity, and I have decided to end this relationship.
I’m not happy with this, and I have decided that if my out-of-town friend wants me to start a new life with him, I would be all for it. I’d rather be happy and not have to deal with this. Life is too short. Your thoughts? — DONE WITH IT IN COLORADO
DEAR DONE: If you are not happy with your partner, level with him about it. If counseling would improve things, see if he’s willing to give it a try. If not, consult an attorney who specializes in family law and proceed with ending the union.
A word of caution, however, and I cannot stress this too strongly: You implied that you would like to be romantically involved with the friend who invited you to that football game. JUMPING INTO ANOTHER RELATIONSHIP BEFORE YOU HAVE RECOVERED FROM THIS ONE WOULD BE A HUGE MISTAKE. Give yourself time to detoxify. Meet people. Date around. You will have plenty of fun if you do, and less of a chance for another failed relationship.
Dear Abby is written by Abigail Van Buren, also known as Jeanne Phillips, and was founded by her mother, Pauline Phillips. Contact Dear Abby at DearAbby.com or P.O. Box 69440, Los Angeles, CA 90069.
U.S. House lawmakers voted in support of an energy bill amendment that would prevent the Department of Energy from introducing energy efficiency standards that could outlaw most gas stoves on the market today.
More than a dozen Democrats joined Republicans in supporting the measure, part of a Republican-led pro-fossil-fuel legislative package H.R. 1, also referred to as the Lower Energy Costs Act, which the Biden administration has vowed to veto.
“Glad the House passed my amendment to H.R. 1 preventing @ENERGY from banning 50% of gas stoves on the market,” Rep. Gary Palmer (R-Ala.), who proposed the amendment, wrote on Twitter late Wednesday….
Dong Luobin, a former back office staff member of the Chinese consulate in Auckland, New Zealand, defected two months after he arrived in Auckland in 2018. The Epoch Times has previously reported on his early life, and he has now shared more details on how he managed to escape the consulate’s tight security.
When Dong was in China, he had long wanted to leave due to his Roman Catholic faith being suppressed under the Chinese Communist Party (CCP). After being assigned to the Chinese consulate in New Zealand, the oppressive environment he experienced there, only strengthened his will to escape.
Dong said consulate staff members do not receive their paychecks while stationed overseas. Instead, they get a generous lump-sum payment upon their return to China so to guarantee the return of everyone working on diplomatic missions….
With an injured Julius Randle in the locker room, and Jalen Brunson playing at less than 100 percent, Tom Thibodeau turned to a rarely used quintet to close out the Knicks’ all-important victory Wednesday night over the Heat.
Thibodeau used the same five players — starters Quentin Grimes and RJ Barrett and second-teamers Immanuel Quickley, Josh Hart and Isaiah Hartenstein — for the entire fourth quarter as the Knicks reduced their magic number to clinch a playoff berth to one with a 101-92 win over Miami at the Garden.
Brunson, in his first game back after missing two with a sprained right hand, was called back from the scorer’s table about midway through the quarter.
“The game swayed right there, and so we had a lot of guys in, playing roles they’re not accustomed to, in positions, but we managed it well, I thought,” Thibodeau said. “We had just taken a five-point lead, so I wanted to see where it would go. And I felt we just got into a good rhythm.
“The things about Jalen is he’s always team-first, I said let’s see the next couple of minutes, how it goes, and we went on a run right there and just rode it out right there. Some nights that’s the way it is.”
Jalen Brunson (left) celebrates on the bench during the Knicks’ fourth-quarter run in their 101-92 win over the Heat. Robert Sabo for NY Post
Thibodeau said he was happy to hear that ESPN reported that Spurs coaching legend Gregg Popovich will be a part of the 2023 Naismith Basketball Hall of Fame class that officially will be announced this weekend at the Final Four in Houston.
“Just I think what he’s done in the league, and again, the mark of greatness,” Thibodeau said before the game. “We were just talking about [Heat president] Pat [Riley]. Same thing with Pop.
“To be at that level for as long as he has, and he’s obviously a great leader, and he’s done an incredible job. You know what they stand for, but also to do it with the humility that he has, I think that’s really stood out.”
Out-of-the-rotation veteran Derrick Rose was unavailable for the second straight game.
Multiple people are feared dead after two army helicopters collided in the air above Kentucky Wednesday night, officials said.
The two 101st Airborne Division helicopters crashed during a routine training mission over Trigg County at around 10 p.m., Fort Campbell officials said.
Early Thursday, Army officials at the fort said the status of the crewmembers who were aboard each HH60 Blackhawk copter was unknown.
However an Army soldier at the scene of the wreck told local radio station WKDZ that multiple people had died and the county coroner had been called.
Kentucky Gov. Andy Beshear also said he suspects there will be multiple fatalities.
“We’ve got some tough news out of Fort Campbell, with early reports of a helicopter crash and fatalities are expected,” Beshear tweeted. “[Kentucky State Police, Kentucky Emergency Management,] and local officials are responding.”
Firefighters responded to extinguish flames shooting out from the mangled aircrafts, photos obtained by the radio station show.
The helicopters were apart of the 101st Airborne Division out of Fort Campbell.Getty Images
A resident who lives about a half-mile away from the collision site told the station they heard “a pop and two booms” at the time of the mid-air crash.
Army officials said the collision is under investigation.
“The command is currently focused on caring for the servicemembers and their families,” Fort Campbell officials said.
Multiple people are feared dead after two army helicopters collided in the air above Kentucky Wednesday night, officials said.
The two 101st Airborne Division helicopters crashed during a routine training mission over Trigg County at around 10 p.m., Fort Campbell officials said.
Early Thursday, Army officials at the fort said the status of the crewmembers who were aboard each HH60 Blackhawk copter was unknown.
However an Army soldier at the scene of the wreck told local radio station WKDZ that multiple people had died and the county coroner had been called.
Kentucky Gov. Andy Beshear also said he suspects there will be multiple fatalities.
“We’ve got some tough news out of Fort Campbell, with early reports of a helicopter crash and fatalities are expected,” Beshear tweeted. “[Kentucky State Police, Kentucky Emergency Management,] and local officials are responding.”
Firefighters responded to extinguish flames shooting out from the mangled aircrafts, photos obtained by the radio station show.
The helicopters were apart of the 101st Airborne Division out of Fort Campbell.Getty Images
A resident who lives about a half-mile away from the collision site told the station they heard “a pop and two booms” at the time of the mid-air crash.
Army officials said the collision is under investigation.
“The command is currently focused on caring for the servicemembers and their families,” Fort Campbell officials said.
Two HH60 Blackhawks of the 101st Airborne Division (Air Assault) were conducting a training exercise at approximately 10 p.m. when they crashed, Brendalyn Carpenter-Player, the director of the Fort Campbell Public Affairs, told Fox News Digital.
“The crewmembers were flying two HH60 Blackhawk helicopters during a routine training mission when the incident occurred. The status of the crew members are unknown at this time,” Carpenter-Player said. “The command is currently focused on caring for the servicemembers and their families.”
Kentucky Gov. Andy Beshear announced the crash on Twitter, saying that “fatalities are expected.”
We’ve got some tough news out of Fort Campbell, with early reports of a helicopter crash and fatalities are expected. @kystatepolice, @KentuckyEM and local officials are responding. We will share more information as available. Please pray for all those affected.
— Governor Andy Beshear (@GovAndyBeshear) March 30, 2023
Trigg County emergency personnel said the crash occurred between Bobby Light Road and Lancaster Road around 9:35 pm.
A U.S. Army soldier at the scene confirmed multiple deaths with Trigg County Coroner John Mark Vinson called to the scene.
Fort Campbell officials arrived on the scene about an hour after the crash to begin their investigation.
One witness, who lives about a half mile from the crash site, said they heard ‘a pop’ and ‘two booms’. Trigg County Jailer James Hughes also lives about a half mile away and heard what he believed to be a collision.
The station also posted photos from the crash scene.
Several people were killed when multiple helicopters crashed in Trigg County Wednesday night. https://t.co/MpgIin4OFH
There aren’t too many better locales for a family reunion than Yankee Stadium, which will host a kid-filled bash Thursday.
Gerrit Cole’s oldest son, Caden, will be surrounded by cousins. Cole’s brother-in-law is Brandon Crawford, who will be the Giants’ Opening Day shortstop and is the father of four children.
“I think they’re probably going to have a room where they can go crazy and play their own baseball games in the suite,” Cole said Tuesday ahead of his Game 1 start.
Cole will have to wait until after the game to join the party.
The Yankees need him now and have rarely needed the right-hander more.
So behind Cole will be a couple of unproven pieces before Nestor Cortes and Domingo German — who did not even enter camp with a surefire rotation gig — are expected to pitch Games 4 and 5, respectively.
Cole said the thinning rotation does not add to his own burden, which is sizable as the ace of the Yankees.
“We’re fortunate to have depth, and we’re fortunate to have guys that I think are going to put us in a position to win some games,” Cole said in Washington before Wednesday’s off day. “Is it the one we penciled in before the season? No. But are the guys ready to step up? Yeah. … At any given point during the season, situations like this come about and it takes everybody on your 40-man roster to contribute. This is our first opportunity to experience that.”
This will be Cole’s fourth Opening Day start with the Yankees, who have won two of the first three.
Cole might not have reached a peak he touched with Houston, but he has been the workhorse the Yankees envisioned since signing his $324 million pact.
Since 2020, he has only required one trip to the injured list — a brief stint on the COVID-IL in 2021 — and has pitched to a 3.28 ERA in 75 regular-season starts.
The 32-year-old had a strong spring in which he built up to 5 ²/₃ innings and 84 pitches in his final outing.
“I think it was quality execution overall,” said Cole, who will be facing Giants ace Logan Webb, a friend. “Relative to the other springs, the other progressions, mostly every single time we took the ball, we hit our goals.”
As the rotation teeters around him, Cole will be where he always has been with the Yankees: on the mound.
His family, including his nieces and nephews, will be watching together. His brother-in-law will be in the batter’s box.
Crawford is 6-for-20 (.300) against Cole in his career, though they have not faced off since 2018.
“We had a few meetings over the years and they’ve been fun. He’s obviously a world-class competitor and the best Giants shortstop of all time,” Cole said. “It’s a special moment for our family and one that we’ll remember for a long time.”
The honeymoon may be over for the Greens and the Australian Labor Party after Prime Minister Anthony Albanese launched a stinging attack on the left-wing party during question time in parliament on Thursday.
The prime minister and the Greens are currently at loggerheads over the federal government’s $10 billion (US$6.7 billion) affordable Housing Australia Future Fund (HAFF), which is a key election promise for the federal government.
HAFF is billed as being able to finance the construction of 30,000 homes over five years for vulnerable Australians and is seen as a vital step in the process of keeping Australians out of homelessness after federal Housing Minister Julie Collins warned the country needed the policy up and running sooner rather than later….
