Good morning DC, have you heard the news?
In a shocking turn of events, former Vice President Mike Pence finally found his voice and spoke out against his former boss, Donald Trump, at the Gridiron Dinner on Saturday night. Yes, you heard that right.
Gridiron Dinner Speech Widens Rift Between Pence And Trump
In a rare moment of clarity, former Vice President Mike Pence mustered the courage to […]
Well, well, well, looks like even the most loyal of followers can turn on their leader. What will Trump have to say about this? We are yet to find out, but for now, the drama in DC just got a lot more interesting! Looks like things are heating up in the political world, and we can’t wait to see what happens next.
As the sun rises over the city, the White House is abuzz with news of President Biden’s intervention to ensure the stability of the banking system. The collapse of SVB and Signature Bank has sent shockwaves through the financial world, but the President is taking action.
On Sunday evening, Biden announced that he had directed the Treasury Secretary and National Economic Council Director to tackle issues at Silicon Valley Bank and Signature Bank. The president’s directive came in response to recent banking issues that have raised concerns among Americans regarding the safety and stability of the financial system. Biden has pledged to hold those responsible for the recent banking issues fully accountable, declaring, “I am firmly committed to holding those responsible for this mess fully accountable and to continuing our efforts to strengthen oversight and regulation of larger banks so that we are not in this position again.”
Speaking from the White House this morning, Biden said that the management of Silicon Valley Bank and Signature Bank will “be fired.”
He said the American people can “rest assured” that the banking system is safe. “Every American should feel confident their deposits will be there if and when they need them.”
Questions shouted and ignored on why this happened, whether there will be a ripple effect and whether other banks may fail.
Your top news stories are below.
THE WHITE HOUSE
Biden is travelling today to San Diego where he will meet Australian leader and UK’s PM Rishi Sunak for AUKUS. Biden will then hold a one-on-one meeting with Rishi Sunak, their first face-to-face meeting after G7 in Cornwall in 2021.
Biden will be in California this week, where he will prioritize his agenda to reduce gun violence.
FOREIGN AFFAIRS
President Biden will be meeting today in San Diego the Australian Prime Minister Anthony Albanese and the UK Prime Minister Rishi Sunak to announce the multi-decade AUKUS submarine deal.
PM Rishi Sunak will officially invite Biden today to attend the 25th anniversary of the Good Friday Agreement.
UK’s Sunak Invites Biden To Commemorate Good Friday Agreement Anniversary In Northern Ireland
The UK Prime Minister, Rishi Sunak, has disclosed his intention to extend an invitation to […]
Secretary Blinken is traveling to Niger and Ethiopia this week. Blinken will be the first American secretary of state to visit Niger.
In Belgrade, EU Special Representative Miroslav Lajcak is meeting with Serbian President Vucic ahead of the highly anticipated meeting in Ohrid, North Macedonia, on March 18. Lajcak recently gave an exclusive interview to The Pavlovic Today, where he spelled out the EU-US plan for Serbia-Kosovo normalization of relations.
In case you missed it, last Friday, President of the European Commission Ursula von der Leyen told The Pavlovic Today that she spoke with Biden in the Oval Office briefly about the European proposal for Serbia-Kosovo normalization of relations and that the Belgrade-Pristina dialog is moving in the right direction.
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