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11:55 AM ET, March 14, 2023

memeorandum

 Top Items: 
David Enrich / New York Times:
Signature and Silicon Valley Bank Collapses Followed Softened Regulation  —  Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.  —  In the spring of 2018, President Donald J. Trump signed …
RELATED:
Washington Post:
Biden's private concerns, a rescue plan and the political firestorm that ensued  —  Frustrated by 2008 bank bailouts, the president made clear to advisers that federal action must not rescue banks or their shareholders  —  President Biden told advisers late last week that he objected …
Jamelle Bouie / New York Times:
The Boys Who Cried ‘Woke!’  —  As soon as it was clear that Silicon Valley Bank would not survive the weekend, conservative influencers and Republican politicians had a culprit in sights.  —  Wokeness.  —  “They were one of the most woke banks,” Representative James Comer …
Peter Baker / New York Times:
Don't Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis  —  The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.  —  WASHINGTON — On that summer day in 2010 when he signed new legislation regulating …
Discussion: CoinDesk
Zachary Basu / Axios:
Silicon Valley Bank's political blame game  —  Republicans and Democrats alike have wasted no time turning the collapse of Silicon Valley Bank into a political football, seizing on the themes already animating each party's economic message heading into 2024.
Dave Michaels / Wall Street Journal:   Justice Department, SEC Investigating Silicon Valley Bank's Collapse
Jonathan Allen / NBC News:
Trump rips Ron DeSantis in Iowa as the 2024 presidential race heats up
David P. Goldman / The American Mind:
Causing Contagion  —  Biden's spending spree and Fed blunders started the bank crisis.
Discussion: New York Magazine
Washington Post:
GOP election deniers increasingly admit they're just going off vibes  —  There has never really been evidence the 2020 election was stolen, but even election deniers are acknowledging it  —  Sidney Powell has tacitly conceded that she didn't have the proof of a stolen election that she claimed.
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CNN:
CNN Poll: Most Republicans care more about picking a 2024 GOP nominee who agrees with them on issues than one who can beat Biden  —  Republicans hold a dour outlook on the country and prioritize finding a 2024 nominee who shares their views on major issues over one with a strong chance …
Discussion: Fox News and The Hill
New York Times:
Ron DeSantis Says Protecting Ukraine Is Not a Key U.S. Interest  —  The Florida governor, on Tucker Carlson's Fox News show, broke with Republicans to attack President Biden's foreign policy and align more closely with Donald Trump as he weighs a presidential bid.
RELATED:
John McCormick / Wall Street Journal:
DeSantis Calls U.S. Support of Ukraine Distraction From More Vital Interests
Charlie Sykes / Morning Shots:   DeSantis Sends Putin a Message
David Siders / Politico:
When Ron and the Don went to Iowa
Discussion: Raw Story
Washington Post:
Inflation eased again in February, though path ahead is muddled  —  The collapse of two major banks is forcing the Federal Reserve to rethink its aggressive stance on inflation  —  Inflation eased slightly in February, but concerns over an increasingly fragile financial system …
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Jeff Cox / CNBC:
Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago  — The consumer price index rose 0.4% in February and 6% from a year ago, in line with market expectations.  — A drop in energy prices helped keep inflation in check, while shelter costs increased sharply.
Washington Post:
Trump claims violence he inspired on Jan. 6 was Pence's fault  —  The former president suggested the riot could have been avoided if his vice president had cooperated in overturning the results.  —  Donald Trump on Monday sharply rebuked Mike Pence's assertion that history would hold …
RELATED:
Mike Isaac / New York Times:
Meta to Lay Off Another 10,000 Workers  —  It would be the tech company's second round of cuts since November.  Mark Zuckerberg, its chief executive, has declared 2023 the “year of efficiency.”  —  Meta, the owner of Facebook and Instagram, said on Tuesday that it planned to lay off about 10,000 employees …
RELATED:
Judi Hasson / Washington Post:
Patricia Schroeder, congresswoman who wielded barbed wit, dies at 82
Discussion: UPI, Outside the Beltway and CNN
Matt Viser / Washington Post:
Biden to sign new executive order aimed at gun violence  —  President Biden on Tuesday, during a visit to Monterey Park, Calif., where 11 were shot dead earlier this year, is planning to sign an executive order that aims to increase the number of background checks before firearms sales.
RELATED:
Kate Riga / Talking Points Memo:
Here's What Happened When Judge Kacsmaryk Told Lawyers About Secret Hearing In Mifepristone Case  —  Start your day with TPM.  —  On March 10, Judge Matthew Kacsmaryk in the northern district of Texas gathered the lawyers in a banner case on mifepristone, the abortion drug …
Discussion: CNN, CBS News and NBC News
Roger Sollenberger / The Daily Beast:
Matt Gaetz's New Staffer Identifies as a ‘Raging Misogynist’  —  Matt Gaetz's new legal counsel has quite the history online. … “Consent is probably modern society's most pernicious fetish.”  —  It would seem bad enough if that internet comment from the newly hired congressional counsel for Rep. Matt Gaetz (R-FL) was about women.
Discussion: Alternet.org and Raw Story
CNN:
Comer says Treasury will allow Oversight Committee to review certain bank activity reports related to Biden family and business partners  —  House Oversight Chairman James Comer said in a statement Tuesday the US Treasury Department will allow him to review certain bank activity reports related …
Donald Judd / CNN:
Biden says Carter asked him to deliver his eulogy  —  Former President Jimmy Carter has asked Joe Biden to deliver his eulogy following his death, the president said Monday.  —  “He asked me to do his eulogy - excuse me, I shouldn't say that,” Biden told supporters during remarks at a fundraiser …
Washington Post:
Ukraine short of skilled troops and munitions as losses, pessimism grow  —  DNIPROPETROVSK REGION, Ukraine — The quality of Ukraine's military force, once considered a substantial advantage over Russia, has been degraded by a year of casualties that have taken many of the most experienced fighters off …
Lisa Friedman / New York Times:
Biden Administration to Restrict Cancer-Causing ‘Forever Chemicals’  —  The government will strictly limit in drinking water two chemicals that are ubiquitous in modern society but are linked to a range of health effects.  —  WASHINGTON — For the first time, the federal government …
Tara Palmeri / Puck:
The Remaking of A.O.C.  —  Five years into her legislative career, a more subdued and party-line-toeing Alexandria Ocasio-Cortez is inciting all kinds of curiosity.  She's either playing three dimensional chess en route to the Senate and beyond, or she's diligently earning her stripes on the Hill.
Aaron Sibarium / Washington Free Beacon:
Student Activists Target Stanford Law School Dean in Revolt Over Her Apology  —  Hundreds of Stanford student activists on Monday lined the hallways to protest the law school's dean, Jenny Martinez, for apologizing to Fifth Circuit appellate judge Kyle Duncan, whom the activists shouted down last week.
Tesnim Zekeria / Popular Information:
Deregulating child labor  —  In February, a federal investigation found that Packers Sanitation Services illegally employed at least 102 children “in hazardous occupations” across 13 meat processing facilities in eight states.  The children were found “working overnight shifts” and using …
Discussion: The Nation and Joe.My.God.
Peter Loftus / Wall Street Journal:
Novo Nordisk to Slash Insulin Prices by Up to 75%  —  The insulin maker is the latest to plan sharp price cuts for the diabetes treatments to make them more affordable  —  High Insulin Prices Drive Diabetics to Take Extreme Measures … Novo Nordisk A/S is set to cut the U.S. list prices …
Shawn Hubler / New York Times:
In the Gun Law Fights of 2023, a Need for Experts on the Weapons of 1791  —  A Supreme Court decision has forced courts to consider what gun restrictions existed two centuries ago, sending demand soaring for historians.  —  Saul Cornell's corner of academia has historically been sleepy.
Annabelle Timsit / Washington Post:
U.S. sues Rite Aid, saying it ignored ‘red flags’ in opioid prescriptions  —  The U.S. government is suing Rite Aid, alleging that the drugstore chain and its employees ignored “obvious red flags” in opioid prescriptions for years, contributing to an epidemic that continues to kill tens of thousands of Americans each year.
 
 
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 More Items: 
Julia Shapero / The Hill:
Conservative group pushes back on bipartisan rail safety bill
Discussion: Washington Examiner
Maher Nazeh / Reuters:
No regrets from the Iraqi who threw his shoes at Bush
Discussion: The Guardian
Will Parker / Wall Street Journal:
Three Million U.S. Households Making Over $150,000 Are Still Renters
Reuters:
Exclusive: Ukraine accuses Russian snipers of abusing child, gang raping mother
Discussion: New York Post
Garrett Downs / Politico:
Scoop: The GOP's first move on SNAP
Josh Christenson / New York Post:
Democrat Jon Tester to rub elbows with SVB law firm partner at Palo Alto soiree
 Earlier Items: 
The White House:
Joint Leaders Statement on AUKUS
Taiyler S. Mitchell / HuffPost:
Biden Condemns Florida's Anti-Trans Legislation As ‘Cruel’ and ‘Close To Sinful’
Will Sommer / The Daily Beast:
How Fox News Begged D-List Right-Wingers to Defend Them
Platformer:
Microsoft just laid off one of its responsible AI teams
Ryan J. Reilly / NBC News:
Tucker Carlson's Capitol videos are giving Jan. 6 defendants false hope
Discussion: Washington Post
Kellen Browning / New York Times:
California Court Mostly Upholds Prop. 22 in Win for Uber and Other Gig Companies
Mike Emanuel / Fox News:
Virginia's largest school district pulls AP Government test question amid outrage
 

 
From Mediagazer:

Arasu Kannagi Basil / Reuters:
OpenAI and Reddit partner to bring Reddit content to ChatGPT and more via Reddit's Data API, bring new AI tools to Reddit, and make OpenAI a Reddit ad partner

Mia Sato / The Verge:
Memo: Gannett is adding AI-generated summaries to the top of some stories, with a disclaimer at the bottom; some USA Today stories already show the summaries

Steven Waldman / @stevenwaldman:
The California Senate Appropriations Committee approves a bill imposing fees on Alphabet, Meta, and Amazon to pay for local news through employment tax credits

 
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