Yellen rules out bailout for SVB: "We're not going to do that again"
The collapse of Silicon Valley Bank is the largest of a financial institution since the failure of Washington Mutual in 2008.
Banking Crisis & Response
Khanna calls on Biden administration to take "decisive action" on SVB collapse
Silicon Valley Bank, headquartered in Khanna's congressional district, was abruptly shut down by California regulators on Friday.
Transcript: Rep. Ro Khanna on "Face the Nation," March 12, 2023
The following is a transcript of an interview with Rep. Ro Khanna, Democrat of California, that aired on "Face the Nation" on Sunday, March 12, 2023.
Transcript: Treasury Secretary Janet Yellen on "Face the Nation," March 12, 2023
The following is a transcript of an interview with Treasury Secretary Janet Yellen that aired on "Face the Nation" on Sunday, March 12, 2023.
Silicon Valley Bank failure having worldwide repercussions
Across the Atlantic, startup companies woke up Saturday to find that Silicon Valley Bank's U.K. business will stop making payments or accepting deposits.
Silicon Valley Bank's collapse shocks customers and investors
The 40-year-old financial institution, which caters to tech firms, was abruptly shuttered after fears of a bank run.
U.S.
Trump says Greenland oil, gas and mineral exploration "getting ready to begin"
Trump pardons 2 auto workers on stage during rally in Alaska
Judge blocks Trump's White House ban targeting CNN, MS NOW and Politico
Dolly Parton's nephew pushes back on restraining order
Pope Leo's brother also battling cancer, wife tells CBS News
First on CBS
Trump officials now leaning against execution livestream, sources say
OpenAI employee accused of planting recording device in office
Pope Leo diagnosed with lung cancer after undergoing surgery
Six Flags stock slides 16% following fatal roller coaster accident
Why AI could end the price tag as we know it
Duane "Keffe D" Davis sentenced to 40 years to life for Tupac's murder
Exclusive
New details in text messages between Jane Doe and frat members
Judge blocks Trump admin. from felling trees at D.C. golf course
Bipartisan senators call Russia diesel deal a "betrayal" of Ukraine
Friend of woman allegedly killed by officer says suicide claim "a lie"
Six Flags closes 9 rides across 6 parks after deadly incident
Character.ai declares bankruptcy, citing legal and business woes
Kimberly Guilfoyle ousted as ambassador over corruption allegations
Anthropic warns "AI worms" could soon infect smart home devices
Supreme Court takes up dispute over access to DOGE records
Spectacular launch sends cargo ship on voyage to space station
Investigation
Is a bootleg weight-loss drug to blame for 2 reported deaths?
Data center boom puts GOP in a bind before midterms
Emergency help for Christa Pike was delayed, 911 calls show
