FED JOB REVIEW, GEN Z GETS MONEY, CRYPTO BANK WOES

Today's handpicked stories below. We love hearing from you, so keep the replies coming -- we incorporate your notes into our content and our thinking.

White House Is 'Aware of' troubles at Silvergate, leading bank to crypto firms

One of the go-to banks for crypto firms Silvergate last week said they're in deep trouble, and regulators are watching. Will they help ensure sound banking for crypto firms?
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Here's Proof of Fed Consistency On Inflation Fight

Economy - The Basis Point - Fed inflation March 2023

The Fed has been quite consistent on their inflation fight stance since September, despite political and media noise. Here's a rundown.
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Gen Z doing better with credit cards than than older generations in 2023

The youngest adults are using credit cards more responsibly than their older peers, even during the current period of high inflation. Here's Charlotte Principato at Morning Consult with details.
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ICE lowers purchase price of mortgage software giant Black Knight to $11.7b, will sell key unit if deal approved, may litigate with FTC for approval

ICE News Release: If regulators approve ICE purchase of Black Knight, they'll sell BK's key Empower loan origination software unit. ICE "committed to litigate with the FTC, if necessary, to obtain approval" of mortgage software merger.
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Inflation Fight Update: Politicians squawk while Fed signals 50 basis point hike March 22

Fed may raise rates more than expected at next meeting in 2 weeks. Here’s what Powell told lawmakers today.
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