AllSides Balanced Search reveals information and ideas from all sides of the political spectrum so you can get the full picture.
Mar 30 2023
News
Biden moves to roll back Trump-era bank deregulation
President Joe Biden is calling on independent federal regulators to reinstate "commonsense safeguards" rolled back by former President Donald Trump that administration officials say are partially to blame for the recent failures of Silicon Valley Bank and Signature Bank.
After stepping in to protect assets at Silicon Valley Bank, the president said he was committed to "continuing our
Washington Examiner
Mar 13 2023
News
Biden blames Trump deregulation for Silicon Valley Bank failure
President Biden on Monday blamed the collapse of Silicon Valley Bank and closure of Signature Bank on former President Trump’s 2018 decision to scrap some Obama-era banking regulations. “Unfortunately, the last administration rolled back regulations,” Biden said. Biden also offered assurances that the U.S. banking system is “safe and secure.” “Americans can have confidence that the banking
Los Angeles Times
Mar 17 2023
Fact Check
What to Know About Trump-Era Bank Deregulation and Bank Failures
With the recent failure of two midsize banks, some Democrats have blamed deregulation championed by then-President Donald Trump in 2018. While the law did reduce oversight of small and midsize banks, experts are divided over whether deregulation in 2018 ultimately caused Signature and Silicon Valley Bank to collapse.
Silicon Valley Bank, the 16th largest bank in the U.S. by assets,
FactCheck.org
Feb 15 2023
News
Ohio's Toxic Train Disaster Follows ‘Perfect Storm’ Of Cuts, Deregulation
In 2007, railroad giant Norfolk Southern Corp. boasted it was making “railroad history” by operating the nation’s first freight train equipped with electronically controlled pneumatic brakes — a modern technology that the company noted could make trains safer by significantly decreasing how long it took them to stop.
Norfolk Southern said at the time that it planned to add ECP brakes —
HuffPost
Mar 15 2023
Perspectives Blog
Media Bias Alert: Did Wokeness or Deregulation Cause Silicon Valley Bank's Collapse?
Following the collapse of Silicon Valley Bank (SVB), outlets across the spectrum sought to explain what caused the largest bank failure since 2008.
While financial explanations were mostly consistent across the political spectrum, some right-rated outlets linked SVB’s collapse to the bank’s purportedly “woke” policies. Left-rated sources, meanwhile, downplayed or ignored those
Isaiah Anthony
Apr 25 2018
News
The new Republican plan to deregulate America, explained
A novel use of the Congressional Review Act is a powerful tool in the conservative war on the administrative state.
Vox
May 09 2017
News
Could Trump’s Deregulation Be a Lifeline for Struggling Entrepreneurs?
If he uses it right, the president’s experience with taxes and red tape could benefit workers and small businesses.
Reason
Dec 29 2015
News
Political polarization blamed on TV news deregulation
The more television news we watch, the more polarized we become.
That’s the finding of a new Washington State University study that also blames U.S. political polarization on the deregulation of television news.
The WSU Murrow College of Communication said the intent of the Telecommunications Act of 1996 may have been to spur competition and provide opportunity. Instead the
Spokesman Review
Mar 08 2021
News
Deregulation Aimed to Lower Home-Power Bills. For Many, It Didn’t.
Twenty years ago, a new breed of energy companies promised consumers that deregulation of the electricity industry would cut their power bills.
The opposite happened.
U.S. consumers who signed up with retail energy companies that emerged from deregulation paid $19.2 billion more than they would have if they’d stuck with incumbent utilities from 2010 through 2019, a Wall Street
Wall Street Journal (News)