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Often First Line of Defense Against Elder Financial Exploitation and Fraud
 
Civil forfeiture is nothing more than legalized theft by the government
Civil forfeiture is nothing more than legalized theft by the government
 
Former executives from Silicon Valley Bank and Signature Bank told members of the Senate on Tuesday that their institutions failed as a result of panic from depositors.
Former executives from Silicon Valley Bank and Signature Bank told members of the Senate on Tuesday that their institutions failed as a result of panic from depositors.
 
We've all seen it. All of us, in some way, have had our lives touched by it. Amazon addiction. It's spreading like wildfire through marriages and families, destroying all bank accounts in its path.
We've all seen it. All of us, in some way, have had our lives touched by it. Amazon addiction. It's spreading like wildfire through marriages and families, destroying all bank accounts in its path.
 
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate on Wednesday, marking a slowdown from previous rate hikes meant to combat inflation, even as the financial sector contends with the collapse of three medium-sized regional banks.
 
Republicans have introduced a bill this session that would create Education Savings Accounts (ESAs) in North Carolina. Here is a quick primer on what ESAs are, what other states are doing on this issue, and what could be on tap here in the Tar Heel State.
Republicans have introduced a bill this session that would create Education Savings Accounts (ESAs) in North Carolina. Here is a quick primer on what ESAs are, what other states are doing on this issue, and what could be on tap here in the Tar Heel State.
 
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
 
PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
PacWest stock plummeted as investors remain worried about the financial sector, a decline which occurred despite Federal Reserve officials assuring market actors hours earlier that the banking system is “sound and resilient.”
 
Western Alliance stock plummeted and partially recovered on Thursday as news outlets published reports that the regional bank would consider a sale, a claim the firm denied.
Western Alliance stock plummeted and partially recovered on Thursday as news outlets published reports that the regional bank would consider a sale, a claim the firm denied.
 
JPMorgan Chase CEO Jamie Dimon expressed confidence about the future of the American economy despite the recent banking crisis that gripped the nation and his pessimistic comments last year.
JPMorgan Chase CEO Jamie Dimon expressed confidence about the future of the American economy despite the recent banking crisis that gripped the nation and his pessimistic comments last year.
 
President Joe Biden asserted on Friday that his administration has achieved significant “progress” with combating price levels, even as inflation rates remain between three times and four times higher than at the start of his term.
President Joe Biden asserted on Friday that his administration has achieved significant “progress” with combating price levels, even as inflation rates remain between three times and four times higher than at the start of his term.
 
The 17 former branches of SVB opened Monday morning as branches of First Citizens.
The 17 former branches of SVB opened Monday morning as branches of First Citizens.
 
Federal Deposit Insurance Corporation Chairman Martin Gruenberg revealed on Monday that the firm guaranteed as much as $13.3 billion in uninsured deposits for the 10 largest account holders at the defunct Silicon Valley Bank.
Federal Deposit Insurance Corporation Chairman Martin Gruenberg revealed on Monday that the firm guaranteed as much as $13.3 billion in uninsured deposits for the 10 largest account holders at the defunct Silicon Valley Bank.
 
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
One of Raleigh’s oldest banks is in the running to purchase the failed Silicon Valley Bank, also known as SVB.
 
First Citizens Bank will acquire Silicon Valley Bank on Monday after the latter company faced a run on deposits and collapsed.
First Citizens Bank will acquire Silicon Valley Bank on Monday after the latter company faced a run on deposits and collapsed.
 
Treasury Secretary Janet Yellen prompted unease among investors after she appeared to walk back comments indicating that financial authorities would guarantee large bank deposits.
Treasury Secretary Janet Yellen prompted unease among investors after she appeared to walk back comments indicating that financial authorities would guarantee large bank deposits.
 
Few Americans have trust in the nation’s banking sector following the recent collapses of Silicon Valley Bank and Signature Bank.
Few Americans have trust in the nation’s banking sector following the recent collapses of Silicon Valley Bank and Signature Bank.
 
Treasury Secretary Janet Yellen commented on Tuesday that deposit withdrawals from regional banks have stabilized and affirmed that authorities will protect smaller financial institutions.
Treasury Secretary Janet Yellen commented on Tuesday that deposit withdrawals from regional banks have stabilized and affirmed that authorities will protect smaller financial institutions.
 
At this time, the abbreviation 'NC' stands for 'no crisis.'” - State Treasurer Dale Folwell
At this time, the abbreviation 'NC' stands for 'no crisis.'” - State Treasurer Dale Folwell
 
Some 186 financial institutions in the United States are vulnerable to a collapse if uninsured depositors seek to withdraw their funds, according to a study from analysts with the National Bureau of Economic Research.
Some 186 financial institutions in the United States are vulnerable to a collapse if uninsured depositors seek to withdraw their funds, according to a study from analysts with the National Bureau of Economic Research.
 
President Joe Biden expressed a strong degree of economic confidence even as the Consumer Price Index rose 6.0% between February 2022 and February 2023 and price pressures from household staples continued to worsen.
President Joe Biden expressed a strong degree of economic confidence even as the Consumer Price Index rose 6.0% between February 2022 and February 2023 and price pressures from household staples continued to worsen.
 
Moody’s Investors Service, one of the three prime rating services, downgraded its rating of the entire banking system from stable to negative in response to the SVB banking crisis.
Moody’s Investors Service, one of the three prime rating services, downgraded its rating of the entire banking system from stable to negative in response to the SVB banking crisis.
 
With the collapse of Silicon Valley Bank (SVB), the California lender’s board of directors are facing intense scrutiny.
With the collapse of Silicon Valley Bank (SVB), the California lender’s board of directors are facing intense scrutiny.
 
The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are reportedly investigating the collapse of Silicon Valley Bank (SVB) after it suffered a fatal run on deposits last week.
The Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) are reportedly investigating the collapse of Silicon Valley Bank (SVB) after it suffered a fatal run on deposits last week.
 
Amid the monumental collapse of several banks over the last few days and broader fears that the banking system is no longer safe, President Biden made a statement to assure Americans that all their bank deposits are perfectly safe in Ukraine.
Amid the monumental collapse of several banks over the last few days and broader fears that the banking system is no longer safe, President Biden made a statement to assure Americans that all their bank deposits are perfectly safe in Ukraine.
 
Silicon Valley Bank collapsed after customers sought to withdraw funds due to the company’s lackluster balance sheet and overall difficulties in the startup sector.
Silicon Valley Bank collapsed after customers sought to withdraw funds due to the company’s lackluster balance sheet and overall difficulties in the startup sector.
 
North Carolina joined the ERIC data-sharing program to clean its voter registration rolls
 
Due to an outbreak of Hepatitis A illnesses
Due to an outbreak of Hepatitis A illnesses
 
The Senate on Tuesday morning put forward a massive spending package to shell out some $1.7 trillion in the next fiscal year.
The Senate on Tuesday morning put forward a massive spending package to shell out some $1.7 trillion in the next fiscal year.
 
Significant changes to the retirement system are included in the $1.7 trillion omnibus bill moving through Congress.
Significant changes to the retirement system are included in the $1.7 trillion omnibus bill moving through Congress.
 
Former FTX CEO Sam Bankman-Fried was arrested Monday by authorities in the Bahamas because they were notified that the U.S. Department of Justice has filed criminal charges against him and is expected to request extradition.
Former FTX CEO Sam Bankman-Fried was arrested Monday by authorities in the Bahamas because they were notified that the U.S. Department of Justice has filed criminal charges against him and is expected to request extradition.
 
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