Chris Kleponis/CNP

Biden says “feel confident” in banking system

President Biden says Americans should “feel confident” in their banking system after his administration’s response to the collapse of Silicon Valley Bank (SVB) and Signature Bank last week. Biden reiterated a statement from the FDIC and Treasury Department during public remarks Monday morning, telling reporters that the federal government would guarantee depositors at the banks […]

Bryan Olin Dozier/NurPhoto/Reuters

Biden to approve major Alaska drilling project

The Biden administration is soon set to approve ConocoPhillips’ Willow Project, a major oil drilling project on Alaska’s North Slope, according to a congressional source familiar with the details. The decision will be announced next week, the source confirmed. The expected approval is a victory for Alaska’s bipartisan congressional delegation and a coalition of Alaska […]