Reuters US Domestic

Biden says will address banking crisis on Monday morning

NEW CASTLE, Delaware (Reuters) – U.S. President Joe Biden said on Sunday he would address the banking crisis Monday morning, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of Silicon Valley Bank. Asked by reporters when he would address the banking crisis, Biden …

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‘History will hold Donald Trump accountable’ for Jan. 6, Pence says

By Andrea Shalal, Trevor Hunnicutt and Gram Slattery WASHINGTON (Reuters) -Former U.S. Vice President Mike Pence offered his most forceful rebuke to date of his one-time boss Donald Trump on Saturday, saying that history will hold him accountable for his role in the Jan. 6, 2021, attack on the U.S. Capitol. Pence was in the …

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Biden speaks with California governor about Silicon Valley Bank – White House

WASHINGTON (Reuters) – U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House said after the bank’s collapse. A White House statement said Biden discussed with Newsom an emergency declaration he issued on Friday to ensure California has …

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Economists warn of costs if US Medicare covers new obesity drugs

By Nancy Lapid (Reuters) – The cost of expanding U.S. Medicare prescription drug coverage to pay for expensive, new obesity medications could be catastrophic, health economists warned in a report published on Saturday. Big-selling diabetes drugs have been repurposed as obesity treatments after demonstrating weight loss of more than 20% in clinical trials. While they …

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US House unanimously backs COVID origins information declassification

By Patricia Zengerle WASHINGTON (Reuters) – The U.S. House of Representatives voted unanimously on Friday to require Director of National Intelligence Avril Haines to declassify information on the origins of COVID-19, increasing pressure on President Joe Biden’s administration to allow its release. The vote was 419 to 0 in favor. Since the Senate on March …

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