Sunday, March 26, 2023

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:

Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13.  No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.

We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole.  As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.

Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. 

The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.



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NC1 Agency Pioneers Omniverse Digital Marketing, Seeking Influencers to Collaborate in Audio, Video, and Gaming VR Solutions

Revolutionizing Virtual Connections: Harness the Power of the Omniverse with NC1 Agency's Innovative Digital Marketing Solutions and Influencer Collaborations

NC1 Agency Pioneers Omniverse Digital Marketing, Seeking Influencers to Collaborate in Audio, Video, and Gaming VR Solutions
NC1 Agency

NC1 Agency

NC1 Agency, a trailblazer in the digital marketing industry, proudly announces its groundbreaking expansion into the Omniverse, making history as the first digital marketing company to offer services to this rapidly growing virtual realm. The company will provide businesses operating within the Omniverse with a full suite of digital marketing solutions, revolutionizing the way brands communicate with their customers through immersive experiences that encompass audio, video, and gaming VR technology. To further enhance their innovative offerings, NC1 Agency is actively seeking influencers in the space to collaborate and create unique, engaging content.

As the Omniverse continues to gain traction in mainstream culture, NC1 Agency demonstrates its commitment to staying at the forefront of marketing innovation. By offering cutting-edge services to brands within the Omniverse and partnering with influential content creators, NC1 Agency is paving the way for businesses to create meaningful, immersive connections with consumers in the virtual world.

"We recognize the immense potential of the Omniverse, and we're excited to be the pioneers in offering digital marketing solutions to businesses within this rapidly evolving space," said Nick Caster and Dani Felt, Co-Founders of NC1 Agency. "Our team of experts are dedicated to helping brands build unique and engaging virtual experiences that drive growth and deliver a significant impact, utilizing the power of audio, video, and gaming VR technology. We're eager to collaborate with influencers in the Omniverse to amplify our clients' brand messaging and reach."

NC1 Agency's Omniverse services will include:

1. Virtual Reality Advertising: Designing and implementing immersive, interactive advertisements that captivate users within the Omniverse, integrating audio and video elements.

2. Metaverse Social Media Management: Crafting compelling content and managing brand presence across multiple virtual platforms, incorporating immersive audio and visual experiences.

3. Omniverse Influencer Marketing: Identifying, partnering, and collaborating with key influencers within the metaverse to amplify brand messaging and reach through engaging audiovisual content and gaming VR experiences.

4. Virtual Event Marketing: Organizing and promoting virtual events, such as product launches, conferences, and immersive experiences, to engage customers in the Omniverse through state-of-the-art audio and video production.

5. Gaming VR Marketing: Developing and promoting branded gaming experiences within the Omniverse to create deeper connections with customers and foster brand loyalty.

6. Virtual Storefront Design and Optimization: Designing, developing, and optimizing virtual stores to drive sales and provide a seamless shopping experience, enhanced by immersive audio and video elements.

For more information about NC1 Agency's Omniverse digital marketing services and influencer collaborations, please visit

Contact Information:
Nick Caster
[email protected]

Original Source: NC1 Agency Pioneers Omniverse Digital Marketing, Seeking Influencers to Collaborate in Audio, Video, and Gaming VR Solutions
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