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Posts tagged as “Ro Khanna”

Treasury Secretary Janet Yellen Rules Out Federal Bailout for Silicon Valley Bank Following Collapse

Treasury Secretary Janet Yellen has ruled out a federal bailout for Silicon Valley Bank following its collapse, and Shalanda Young, the director of the White House Office of Management and Budget, has stressed that the US banking system is more resilient now due to reforms. Rep. Ro Khanna of California has urged the Biden administration to take "decisive action" to protect depositors and ensure access to accounts Monday morning.

U.S. Lawmakers Visit Taiwan to Strengthen Relationship Despite Tensions with China

U.S. lawmakers visited Taiwan on Monday and Tuesday to meet with President Tsai Ing-wen and deepen military cooperation between the two sides. The delegation also held talks with Taiwan Semiconductor Manufacturing Company’s founder Morris Chang, and China responded to the visit by holding large-scale military exercises. The visit is a sign of the strong relationship between the U.S. and Taiwan, despite the ongoing tensions between the U.S. and China.

Rep. Adam Schiff Announces Senate Bid, Setting Up a Battle of Political Titans for California’s 2024 Senate Seat

Rep. Adam Schiff (D-CA) has announced his intention to run for the California Senate seat in 2024, currently held by Sen. Dianne Feinstein. He joins fundraising powerhouse Katie Porter, Ro Khanna, and Barbara Lee, who is expected to join the race and be the only Black woman in the Senate if she wins. Dan Newman, a veteran political strategist, believes the race will be “for the ages” and come with a hefty price tag in the hundreds of millions of dollars.