JUST IN: πΊπΈ US Government prepares immediate takeover of First Republic Bank $FRC, Reuters reports.
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JUST IN: Jim Cramer says the collapse of First Republic Bank $FRC could mark the end of the banking crisis.
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JUST IN: πΈπΎ Syria calls to abandon the US dollar for global transactions and adopt Chinese Yuan.
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JUST IN: πΊπΈ President Biden says "we are well on the way to stabilizing the banking system."
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JUST IN: π§π· Revolut launches crypto investment and foreign exchange services in Brazil.
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JUST IN: PacWest Bancorp $PACW stock trading halted, citing volatility, after sinking 30% today.
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JUST IN: πΊπΈ US Representatives AOC & Matt Gaetz introduce bipartisan bill to ban Congress members from trading and owning stocks.
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JUST IN: πΊπΈ Florida governor vows to ban CBDCs in the state and says the government doesn't like crypto because it can't be controlled.
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JUST IN: Bernie Sanders says income over $1 billion should be taxed at 100%.
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JUST IN: πΊπΈ US presidential candidate RFK Jr. says the "banking collapse is the tip of an economic mega-crisis."
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JUST IN: πΊπΈ Democratic congresswoman Lois Frankel sold First Republic $FRC stock and bought JPMorgan just before bank sale, CNN reports.
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JUST IN: πΊπΈ White House proposes 30% tax on electricity used for Bitcoin and crypto mining.
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JUST IN: πΊπΈ FED Chair Jerome Powell says banking system is sound, resilient.
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JUST IN: PacWest Bankcorp $PACW sinks 54% in after-hours following news the bank is exploring a sale.
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JUST IN: πΈπ» El Salvador President officially signs law eliminating all taxes on income, property, and capital gains for technology innovations.
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JUST IN: Western Alliance $WAL falls 53% following news the bank is exploring a sale.
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JUST IN: πΊπΈ Bank of America says US dollar global dominance is not under threat and BRICS, Yuan & crypto are not alternatives.
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