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Less than an hour before the markets opened Monday, President Joe Biden responded to regulators seizing a pair of U.S. banks in recent days.Regulators seizedSilicon Valley Bankon Friday andNew York-based Signature Bankon Sunday. The two seizures resulted in two of the three largest bank failures in U.S. history. Americans can have confidence the banking system is safe, President Biden said.He emphasized that taxpayers would not pay for the expenses to operate the banks and said bank fees would cover costs.The president added that bank management would be fired and investors would not be protected.During his brief address Monday, President Biden called on Congress to strengthen rules on the banking industry.The Federal Deposit Insurance Corporation is forming bridge banks that assume the deposits and
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stanley spain ,000. Had the FDIC not taken action, those with more than $250,000 were at risk of losing their accounts. All customers who had deposits to these banks can rest assured
stanley deutschland they ll be protected and they ll have access to their money as of today, President Biden said. That includes small businesses across the country that bank there and need to make payroll, pay their bills and stay open for business. Hped Milwaukee s first Pier Garden set to open along the Riverwalk Aug. 1
CUDAHY 鈥?A 56-year-old woman is dead and 50 people are displaced after a fire at an apartment complex in Cudahy Sunday morning. Five others were taken to the hospital, including a firefighter for heat exhaustion.Fire Chief Dan Mayer said the call came in around 7:15 a.m. for smoke inside Lakeshore Tower Apartments off Lake Drive.At Least One Arrested During Protests In WauwatosaWhen crews arrived, they saw smoke coming from the 10th floor on the south side of the building. Many residents had already evacuated.Mayer said the fire was contained to one unit, where the woman was found dead. It appears to have started in the kitchen, living room area and extended to the bedroom, Mayer said.The cause remains under investigation, but there was a lot of water and smoke damage, which will put 50 people out of the building f
stanley tumbler or the moment. The complex is home to about 300 residents, including Toni Frioui.Frioui was asleep
stanley flask when she woke up to the sound of the fire alarm in the hallway, and opened her door. I just saw the wall of smoke. I mean its just solid smoke, I had ne
stanley mug ver seen anything like that before, Frioui said.She knew she had to leave.It wasnt until she got outside that she saw flames. It was just like, oh my god, its a good thing I got out of the building, Frioui said.After learning one of her neighbors lost their life, Frioui cant help but think about their family. I feel bad you know for anyone that didnt make it, Frioui said.Mayer said it took about an hour to put the f
