#First Republic worries grow as FDIC asks banks for bids by Sunday to avoid bailout

#First Republic worries grow as FDIC asks banks for bids by Sunday to avoid bailout

Beleaguered bank First Republic is now facing buyout bids after the Federal Deposit Insurance Corporation sought to arrange suitors Saturday following a hollowing out of the bank’s share price amid several weeks of market turmoil, multiple outlets reported. First Republic Bank is the latest financial institution to come under stress following the second- and third-largest…

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#House GOP introduces bill to reinforce border, limit asylum

#House GOP introduces bill to reinforce border, limit asylum

House Republicans on Thursday formally unveiled their sweeping immigration package due to reach the floor next month, combining two measures that Democrats have complained would severely limit asylum while attacking nonprofits that aid immigrants. The package joins two bills, one that includes severe restrictions on asylum-seekers from the Judiciary Committee and another from the Homeland Committee that…

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