Banking shares slump despite U.S. assurances that deposits are safe

The declines come despite emergency measures by regulators to protect depositors at Silicon Valley Bank and Signature Bank and President Biden’s remarks to reassure Americans.

(Image credit: Spencer Platt/Getty Images)

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Mamdani Says He Will Raise Property Taxes In NYC By 10% to Help Make the City ‘Affordable’

"We are in the most expensive city in the United States of America. I firmly believe in the need to make this an affordable city."

The post Mamdani Says He Will Raise Property Taxes In NYC By 10% to Help Make the City ‘Affordable’ first appeared on Mediaite.

In South Texas, the GOP immigration hard line is now political kryptonite

Texas Republicans bet on continuing to win over Latino voters. Then Trump began his aggressive deportation campaign.

How Maryland Democrats are thwarting Wes Moore’s political ambitions

"The operations of his political tentacles are weak," says one Democratic strategist. "His inside political network is weak.”