Silicon Valley Bank's collapse is looming over the Fed as it makes the next move in its war on inflation this week

Tech Insider : Economy, Politics
Silicon Valley Bank, Fed Chair Jerome Powell
Silicon Valley Bank, Fed Chair Jerome Powell.

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Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance

Tech Insider : Crypto
Ron DeSantis
Ron DeSantis speaks during an election night watch party at the Convention Center in Tampa, Florida, on November 8, 2022.

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First Republic and other regional bank stocks surge as Yellen sees crisis 'stabilizing' and big lenders eye more support

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A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.
A man rides a bicycle past the First Republic Bank branch in Santa Monica, California.

PATRICK T. FALLON/AFP via Getty Images

Treasury Secretary Janet Yellen says the US banking crisis is 'stabilizing' and the government could provide more backing for deposits

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Treasury Sec. Janet Yellen
U.S. Treasury Secretary Janet Yellen at IMF headquarters in October 2022 in Washington, DC.

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Elon Musk urges the Fed to reverse course in its inflation fight, as he fears the banking crisis is hitting the US economy

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Elon Musk
Elon Musk.

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Elon Musk sees 'serious risk' of another Great Depression if the Fed doesn't stem the collapse of regional banks after SVB failure

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A picture of Elon Musk from the shoulders up. He's wearing a black t-shirt and clasping his left hand to his head with a calm expression on his face.
Elon Musk.

Adrees Latif/Reuters

The US could ease stress on the banking system by fully insuring deposits of regional banks like those at failed SVB, Mohamed El-Erian says

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Mohamed el-erian

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UBS is set to buy Credit Suisse for $3.2 billion. The megadeal could make the banking crisis worse.

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UBS acquiring Credit Suisse has major implications for markets and the US economy.

Mike Segar/Reuters

UBS is officially buying Credit Suisse in a historic rescue deal. This is how we got here.

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Credit Suisse's stock is plunging as investors fear a banking crisis.

AP Photo/Schalk van Zuydam

The Fed is about to release its first policy decision since 3 banks collapsed. Here's what high-profile commentators and analysts say it will do.

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jerome powell
Federal Reserve Board Chairman Jerome Powell arrives at his news conference following the closed two-day Federal Open Market Committee meeting in Washington, U.S., May 1, 2019.

Yuri Gripas/Reuters

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