In an Unsteady Banking Industry, First Republic’s Problems Stood Out
Posted inBanking and Financial Institutions Company Reports Credit and Debt Federal Reserve System First Republic Bank High Net Worth Individuals Interest Rates Real Estate (Commercial) Regulation and Deregulation of Industry Signature Bank Silicon Valley Bank Stocks and Bonds United States

In an Unsteady Banking Industry, First Republic’s Problems Stood Out

The bank’s rivals appear on firmer footing this time, in contrast with the widespread panic after the failures of Silicon Valley Bank and Signature Bank in March.
Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes
Posted inBiden, Joseph R Jr Federal Budget (US) High Net Worth Individuals National Debt (US) Tax Credits, Deductions and Exemptions Taxation United States Economy United States Politics and Government

Biden’s $6.8 Trillion Budget Proposes New Social Programs and Higher Taxes

The president proposed trillions of dollars in new spending that has no chance of passing a Republican House, even as he sought to reduce deficits by raising taxes on business and the rich