The Latest Breaking News from Washington D.C.

WASHINGTON — President Joe Biden said Monday that the U.S. banking system is “safe and secure” following the failure of Silicon Valley Bank and closure of Signature Bank last week.

A group of 12 Democratic state attorneys general filed a lawsuit in the United States District Court for the Eastern District of Washington against the Food and Drug Administration (FDA) on Feb. 23, 2023, arguing that the agency’s regulations on the abortion-inducing drug mifepristone violate state sovereignty by limiting the…

The 9th session of the Strategic Consultation Committee between the Sultanate of Oman and Iran was held in Muscat on Sunday in light of reports saying Tehran is exerting efforts to activate contacts with Washington for the return of indirect negotiations on the nuclear file. Also on Sunday, Iran announced…

Washington Commanders stud Daron Payne has become the highest-paid defensive tackle not named Aaron Donald after agreeing a deal with the team while under the franchise tag

Second-largest bank collapse in US history met with eyerolls in Washington

Iran's claims they are on the brink of agreeing a prisoner exchange with the US are an "especially cruel lie", Washington says.

WASHINGTON — U.S. regulators are racing against the clock to find solutions for failed Silicon Valley Bank while Treasury Secretary Janet Yellen said officials are focusing on protecting depositors, as officials seek to avoid a wider bank run.

WASHINGTON — Rep. Ro Khanna, D-Calif., said the Federal Deposit Insurance Corp. is working to find a buyer for Silicon Valley Bank and urged the U.S. government to step in and guarantee all of the bank’s deposits.

Can Washington come to the rescue of Silicon Valley Bank's depositors