Newsletter Apr 10, 2023

Quick Six

Search for source of leaked documents points to domestic
Classified military and intelligence documents that appeared online, with details ranging from Ukraine's air defenses to Israel's Mossad spy agency, have U.S. officials scrambling to identify the leak's source, with some U.S. officials saying they suspected it could be someone from the United States. Officials say the topics addressed in the documents, which touch on the war in Ukraine, China, the Middle East and Africa, suggest they were likely leaked by an American, as the search for the source continues.
WHAT US OFFICIALS HAVE LEARNED ABOUT THE LEAKS

Smaller US banks struggle to compete with larger lenders
In the wake of the latest U.S. banking meltdown, small lenders appear vulnerable to an exodus of depositors fleeing for larger banks. U.S. banking rules guarantee deposits of up to $250,000, meaning that customers with larger holdings face losses if the bank goes under. Federal data shows that some depositors at small banks did head for the exits, moving some $120 billion in a single week into larger banks sometimes viewed as too big to fail.
HOW SMALLER BANKS ARE FINDING WAYS TO COMPETE

UBS-Credit Suisse deal prevented Swiss economic collapse
Swiss Finance Minister Karin Keller-Sutter said Switzerland's economy would probably have collapsed had Credit Suisse gone bankrupt, in an interview published Sunday. Keller-Sutter told Le Temps newspaper that the government had acted in the country's best interests in swiftly arranging the takeover of Switzerland's second-biggest bank by its larger domestic rival UBS.
THE DETAILS OF THE DEAL THAT SAVED SWISS ECONOMY

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* As of market close

Tennessee lawmakers seek return to seats

Two Tennessee Democrats who were expelled from the Republican-led state House of Representatives last week over their participation in a gun control protest said on Sunday that they plan to reclaim their seats. Reps. Justin Jones and Justin Pearson, who joined protesters at the state capitol in Nashville to demand stricter gun laws following a mass shooting at a local school, said they hoped to be reappointed by their districts to serve in their seats until they run again in special elections.

WHY RACE IS AT THE FOREFRONT OF TENNESSEE SHOWDOWN

White House weighs in on abortion pill ban

The White House is in discussions with abortion pill manufacturers and U.S. pharmacy chains on ways to push back against efforts to ban mifepristone, as it gears up to appeal a Texas court ruling suspending the approval of the drug. U.S. District Judge Matthew Kacsmaryk suspended approval of mifepristone, which essentially makes sales of the pill illegal in the U.S., while legal challenges proceed. A Washington state ruling on Friday blocks changes to pill sales in 17 states.

HOW THE WHITE HOUSE PLANS TO NAVIGATE STATE RULINGS

Was 'Wheel' contestant robbed of $100K?

Some "Wheel of Fortune" fans felt that contestant Alexa Hoekstra was "robbed" after she failed to win a $100,000 prize on the game show last week. Hoekstra won Thursday's episode of "Wheel of Fortune" to make it to the bonus round for a chance to win a bigger prize, but confusion about the final answer cost her the shot at the big prize after the Texas Woman's University student was given a clue "What Are You Doing?"

WATCH THE HIGHLIGHT AND DECIDE IF SHE SHOULD HAVE WON

Good fortune

Who is the biggest winner in a single episode of "Wheel of Fortune"?

Friday's answer: The saw-scaled viper is responsible for more human deaths globally than all other venomous snake species combined.

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