Creeping executive overreach, not envisaged by Congress in the original missions or purposes of cabinet agencies, is driving up the price of energy and energy-related products. This is raising costs for all Americans, and poor and middle-class people are disproportionately paying the price.
Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all of its deposits and most of its assets to JPMorgan Chase Bank in a bid to head off further banking turmoil in the United States.
NEW YORK (AP) Regulators seized troubled First Republic Bank early Monday, making it the second-largest bank failure in U.S. history, and promptly sold all