Puerto Rican regulator closed the bank based on claims that it was, quote, critically insolvent. Yet the trustee soon found that the bank actually had all of its deposits plus more. The liquidator hasn't returned any of the $65 million in deposits to bank customers.
The Federal Trade Commission faces accusations of political targeting against Twitter, a new Daily Wire report reveals that the IRS and federal law enforcement may have targeted a bank owner based on his political views, and California lawmakers made a surprising policy decision this week that sparked widespread blowback. Get the facts first with Morning Wire.
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