U.S. Banks are sitting on $1.7 trillion in unrealized losses, research says

After the rapid collapse of Silicon Valley Bank and Signature Bank earlier this month, along with Credit Suisse’s untimely demise last week, regulators and business leaders have made it a point to publicly assure consumers that banks are safe. The potential for “contagion” throughout the financial system is now slim after the Federal Deposit Insurance Corp. (FDIC), Federal Reserve, and Treasury came together to backstop all depositors, both uninsured and insured, at SVB and Signature, they say.

Conservatives say Biden administration proposal to protect charity clients’ religious liberty will destroy conscience protections for faith-based charities

Conservative activists have condemned a Biden administration legislative proposal that ostensibly seeks to protect the religious liberty of clients of faith-based charities, claiming the proposed change would wipe out conscience protections for federally funded religious charities themselves, the Washington Examiner reports.

Ohio: Pro-life group launches $5 million ad campaign against proposed amendment giving “right” to abortion for whole of pregnancy, fears about legalizing sex-change for minors without parental consent

The Protect Women Ohio (PWO) pro-life group in Ohio is launching a $5 million ad campaign against a proposed amendment to the state constitution that would make abortion at any stage during pregnancy a statutory “right,” and which conservatives fear will also be used to justify sex-change surgeries and abortions for minors without parental consent, CBN News reports.

Trump’s Arrest Postponed But Still Expected

Amid protests, another day passed Wednesday without an indictment against former U.S. President Donald J. Trump, who had forecast he would be arrested on Tuesday.

US Launching Controversial Payment System

The U.S. central bank is launching a payment system that critics view as a government attempt to control Americans’ expenditures and a trial run for a controversial digital currency.

Florida advances six-week abortion ban

Florida lawmakers on Thursday approved a proposal to ban abortion after six weeks of pregnancy, with an exception to save the life of the mother and stricter exceptions for rape or incest.

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