first republic bank – One America News Network

Photo via; U.S. Attorney’s Office for the Southern District of Florida

Sean Kingston And Mother Indicted On Wire Fraud Charges, Could Face Decades in Prison

After being charged with wire fraud in a fraudulent scheme to purchase luxury goods, rapper Sean Kingston and his mother made their initial court appearance on Friday in a federal court in Florida.

SAN FRANCISCO, CALIFORNIA - MAY 01: A passerby stops to read a posted announcement from the FDIC about the seizure of First Republic Bank and sale to JPMorgan Chase on May 01, 2023 in San Francisco, California. Federal Regulators seized troubled lender First Republic Bank on Monday and sold all of its deposits and most of its assets to JPMorgan Chase. First Republic becomes the second largest bank in U.S. history to fail since Washington Mutual failed in 2008. (Photo by Justin Sullivan/Getty Images)

Blaming banks for the environment is not good business

By Adonis Hoffman
June 2, 2023

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

WASHINGTON, DC - MARCH 10: U.S. President Joe Biden (C) delivers remarks on the February jobs report with Council of Economic Advisers Chair Cecilia Rouse (L) and National Economic Council Director Lael Brained in the Roosevelt Room at the White House on March 10, 2023 in Washington, DC. According to the Labor Department, U.S. employers added 311,000 jobs in February and the unemployment rate rose to 3.6%, two-tenths higher than in January. (Photo by Alex Wong/Getty Images)

Biden promises banking system “safe and sound”

President Biden reassures depositors and makes a pitch for stiffer oversight as First Republic Bank becomes the third major bank to collapse in under two months

A sign for a First Republic bank branch is seen in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by Spencer Platt/Getty Images)

First Republic bank fails

First Republic Bank was taken over by the Federal Deposit Insurance Corporation (FDIC) on Monday with JPMorgan Chase as the buyer.