Congressional panel places blame on regulators and execs for recent bank failures
WASHINGTON — Members of Congress on Wednesday maintained that federal regulators, as well as bank executives, should be held accountable for the failure of the Silicon Valley Bank and other two banks. "The executives and the board of Silicon Valley Bank clearly...
Congressional panel places blame on regulators and execs for recent bank failures
WASHINGTON — Members of Congress on Wednesday maintained that federal regulators, as well as bank executives, should be held accountable for the failure of the Silicon Valley Bank and other two banks. "The executives and the board of Silicon Valley Bank clearly...
read more
Lisa Cook shares her connection with Dr. Sadie Alexander
The first Black woman on the Federal Reserve Board of Governors speaks at the namesake’s fifth annual conference.
Lisa Cook shares her connection with Dr. Sadie Alexander
The first Black woman on the Federal Reserve Board of Governors speaks at the namesake’s fifth annual conference.
read more
George Washington University embraces ChatGPT
Students and professors at George Washington University tackle new technology.
George Washington University embraces ChatGPT
Students and professors at George Washington University tackle new technology.
read more
Senate committee ponders crypto regulation in wake of FTX collapse
Following the scandalous and rapid collapse of FTX, once the world’s third-largest cryptocurrency exchange, the U.S. Senate is considering how to regulate the crypto industry to prevent future collapses.
read more
According to Fed, Americans are Bracing for an Economic Downturn
The Fed released its latest Beige Book report Wednesday. The report described mixed economic conditions, though Americans fear a downturn is coming soon.
read more
Did the Great Resignation really happen? Most workers are staying put.
The so-called Great Resignation — the historic jump in the number of Americans quitting jobs — may not be so great after all. The average length of time an American worker stays at a job, it turns out, is the same compared to pre-pandemic times, according to a new government survey.
read moreSoul food and the African diaspora for lunch hour: Sweet Home Café ends Black History Month on a sweet note
The restaurant, nestled on the lower level of the Smithsonian’s National Museum of African American History and Culture, hosted a chef’s residency program throughout February.
New Regional Small Business Administration Leader Was Influenced By His Restaurateur Father In Spokane (And Maybe Fruitcake)
Spokane native Mike Fong was appointed by President Joe Biden in November to lead the Small Business Administration’s Pacific Northwest office. Fong, who has spent over 20 years in public service, said his interest in politics may have begun with his great grandfather (and fruitcakes).
New FDA program could boost drug development for rare diseases
A proposed FDA pilot, the Rare Disease Endpoint Advancement program, aims to bolster clinical trials for rare diseases by increasing collaboration between industry and the FDA to determine meaningful endpoints for rare diseases in clinical trials.
Minority business leaders make case for increased access to federal infrastructure contracts at House hearing
The House Diversity and Inclusion subcommittee met to discuss removing barriers for minority and women owned businesses.
Top cyber official has never seen a more “serious vulnerability.” Here’s what you should know about Log4j
Criminals have used the vulnerability to launch attacks against companies and governments WASHINGTON -- In the months since the Apache Software Foundation announced a major security vulnerability in its Log4j 2 software library, cybersecurity experts have said they’ve...
As financial institutions face increased digital security risks, Black-owned banks are fighting back
WASHINGTON -- As financial institutions have experienced a spike in pandemic-related fraud and cybercrime, minority-owned banks face an additional challenge: They’re often the only point of access for minority communities to participate in the economy. According to...
Bipartisan efforts mount to expand EV infrastructure in rural America
Reps. Abigail Spanberger and Tom Rice have introduced legislation that would expand the Department of Agriculture’s Rural Energy for America Program by including funding for EV charging infrastructure.
Satya Rhodes-Conway to U.S. mayors: Telework is challenging our downtowns
Madison Mayor Satya Rhodes-Conway stressed the negative effect of telework on Madison businesses Wednesday at the 90th U.S. Conference of Mayors.
Crypto CEOs Highlight Potential of Digital Currency, as Regulation Talks Continue
Chief executives of six cryptocurrency companies testified before the U.S. House Committee on Financial Services today as legislators continue talks on increased regulation within financial the industry.
Stay Connected
Medill Today | Tuesday, December 5, 2023
Medill on Vimeo
Check out hundreds of video stories from our reporters.
Medill on Twitter
Stay current with our news updates by the minute.
Medill on Tumblr
Get a solid stream of news from our reporters.
Medill on Snapchat
MedillontheHill