Big banks may get bigger as crisis swamps ‘too big to fail’ worries
The crisis is only going to further concentrate the power of big banks in the United States, the opposite of what many believe is in the country's best interest.
By David J. LynchAfter Silicon Valley Bank collapse, Washington asks: Is it to blame?
Fifteen years after a financial meltdown sent the country into a recession, policymakers had vast power to probe a failing firm — yet missed signs of a crisis.
By Tony Romm and Jonathan O'ConnellWall Street banks will put $30 billion into beleaguered First Republic
Treasury Secretary Janet L. Yellen, meanwhile, defended Washington’s response to Silicon Valley Bank’s collapse last week.
By Jeff SteinThe 72-hour scramble to save the United States from a banking crisis
The world saw one failing bank. Biden aides saw a great unraveling.
By Jeff Stein, Tony Romm and Gerrit De VynckWashington’s bank rescue fails to erase all doubts
Washington’s banking rescue weathered a rocky start on Wall Street Monday, as the government‘s response to the collapse of Silicon Valley Bank failed to quell doubts about the health of some mid-sized banks.
By David J. Lynch and Tony RommIs this a bailout and 6 other questions about the SVB collapse
Question and answers about the federal government’s plan to stop bank runs
By Jeff SteinU.S. says all deposits at failed bank will be available Monday
Officials at the Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation discussed the idea to backstop all deposits this weekend, the people said, with only hours to go before financial markets opened in Asia.
By Jeff Stein, David J. Lynch, Tony Romm and Tyler PagerBailout talk roils Washington after Silicon Valley Bank’s collapse
Government help for large depositors could ignite a political firestorm — but failing to act could crush some tech start-ups.
By Jeff Stein and Tony RommJudge denies effort by Google to move antitrust suit out of Virginia
Google had sought to move the litigation over its advertising business to New York, where related cases pending against the company have been consolidated.
By Erica WernerSilicon Valley Bank failure raises fear of broader financial contagion
The second-largest bank failure in U.S. history was sudden, spooking investors and depositors and raising questions about what might happen next.
By David J. LynchHouse conservatives issue new spending demands in debt ceiling debate
The House Freedom Caucus insisted on steeper spending cuts than some GOP lawmakers had been considering as the fight over the debt ceiling intensifies.
By Tony Romm, Jeff Stein and Marianna SotomayorBiden calls for trillions in tax hikes and new domestic spending
The White House is aiming for a contrast with Republicans ahead of a standoff over spending and the national debt.
By Jeff Stein and Tony Romm7 key takeaways from President Biden’s $6.9 trillion new budget plan
The White House released its 182-page budget on Thursday. Here's what it would do.
By Jeff SteinHouse GOP to take early step on bill preparing for federal default
The proposal, known as “debt prioritization," comes as the two parties remain at distant odds over how to resolve their fight over the debt ceiling.
By Tony RommThis bill could make the four-day workweek a reality
A new bill in the House would make the four-day workweek a national reality. The Post spoke with Rep. Takano about why it's the right time to rethink the workweek.
By Taylor TelfordBiden unveils plan averting Medicare funding crisis, challenging GOP
The White House would raise taxes on high earners and reduce government payments for some prescription drugs in a bid to keep the program stable.
By Jeff SteinHouse GOP takes early swipes at Biden budget before fiscal showdown
The fate of Biden’s budget falls to an increasingly restive Congress, where some Republicans already have rejected the document outright
By Tony RommThe Kevin McCarthy aide tasked with defusing the GOP’s debt limit bomb
Dan Meyer, the speaker’s chief of staff, has seen tense budget standoffs before. But the Republican Party has changed since then.
By Jeff Stein, Leigh Ann Caldwell and Theodoric MeyerSee how the national debt grew to $31 trillion
Washington spent and cut taxes while the debt was rising.
By Jeff SteinBiden scraps reliance on market for faith in broader government role
The administration is pushing businesses to change with a carrot — and a stick
By David J. Lynch and Tony Romm