Trump administration starts building border wall in Texas’ Big Bend region
It marks the first major construction in an area of the U.S.-Mexico border where the administration’s plans have met with heavy opposition.
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Silicon Valley Bank failure review finds Fed staff ‘should have known’ about risks
A new review of the Silicon Valley Bank collapse found Federal Reserve supervisory staff “knew or should have known” about the institution’s vulnerabilities, Michelle Bowman, the Fed’s vice chair for supervision, said Friday. The initial findings from an outside consulting firm’s independent review suggested the biggest bank failure since the 2008 financial crisis resulted from…