Regulators closed four more banks on Friday, seizing their assets and deposits and placing them with other financial institutions.
Two of the four failed banks were absorbed by companies that had received taxpayer capital through the $700 billion Troubled Asset Relief Program, continuing a trend that BailoutSleuth has been tracking for the past few months.
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As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
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