Illinois Gov. J.B. Pritzker on migrant crisis: “It’s gonna get cold in Chicago and New York very soon and there are lots of other places in the country that they might wanna consider going”

Illinois Gov. J.B. Pritzker on migrant crisis: "It's gonna get cold in Chicago and New York very soon and there are lots of other places in the country that they might wanna consider going" pic.twitter.com/qZ3Bu6TLSO — NewsWire (@NewsWire_US) October 8, …

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Bank fail Friday incoming? FDIC announces meeting that occurred yesterday to consider, among other things ‘resolution activities’. Last time this happened (7/27), Heartland Bank failed (7/28).

by Dismal-Jellyfish https://public-inspection.federalregister.gov/2023-18988.pdf Previous Instance: FDIC Alert! Sunshine meeting notice for meting that the public interest did not require consideration of & already occurred today at 11:16a.m., & considered supervision, corporate, and RESOLUTION activities, with the paperwork for the meeting that …

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FDIC Chair: “In the near term, the FDIC, together with the Federal Reserve & the Office of the Comptroller of the Currency, will issue a notice of proposed rulemaking to seek public comment on changes to the U.S capital framework to consider how best to incorporate the finalization of Basel III.”

by Dismal-Jellyfish Source: https://www.fdic.gov/news/speeches/2023/spjun2223.html TLDRS: After the 2008 financial crisis, banks were found to be undercapitalized and over-leveraged, leading to a complete overhaul of capital requirements through a set of rules known as Basel III. The aim was to ensure banks …

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