MSCI: First Republic Bank to be removed from global standard indices, effective May 3.

The New York Times: The White House is considering two key Fed nominations.

White House Press Secretary Pierre: This is not 2008 (the financial crisis period), this is a very different era.

White House Press Secretary Pierre: The White House will continue to monitor the situation in the banking industry.

White House Press Secretary Pierre: President Biden wants to do more with the banking system.

White House Press Secretary Pierre: Our actions will hold banks accountable.

White House Press Secretary Pierre: First Republic Bank has "serious mismanagement" problems.

According to DownDetector: User reports indicate a problem with Twitter.

U.S. Democratic Senator Manchin: The U.S. will not default on its national debt.

The U.S. 5-year Treasury yield rose 15 basis points on the day to 3.635%.

U.S. President Joe Biden said he would send a presidential trade delegation to the Philippines.

Federal Reserve Governor Bowman: The private equity market has begun to eliminate the IPO boom.

Federal Reserve Governor Bowman: The new economy is being established in the private market.

The U.S. 10-year Treasury yield was up 15 basis points on the day at 3.574%.

Market news: U.S. Democratic Senator Manchin expressed willingness to repeal parts of the Inflation Reduction Act that increased U.S. debt.

Asset management company Nuveen CIO: The Fed is not expected to cut interest rates later this year.

Asset management company Nuveen CIO: The Fed is expected to raise interest rates on Wednesday and then pause.

Asset management company Nuveen CIO: The (US) debt ceiling issue has not yet been priced in.

Shares in Lordstown Motors, a new energy vehicle start-up, fell more than 40 percent in intraday trading on Monday as management issued a bankruptcy warning after financing partner Foxconn threatened to withdraw a key capital injection.