News

NEW YORK NEWS

 A New York judge has ruled that the state cannot force parents to remove their children from religious schools, stating that such an order would be unconstitutional. The case involved parents who had chosen to send their children to a yeshiva that did not meet the state’s educational standards. The state had threatened to remove the children from the school if the parents did not enroll them in a public school or a different yeshiva that met state standards. However, the judge ruled that such a requirement would infringe on the parents’ constitutional right to freely exercise their religion. The ruling could have implications for similar cases in New York and other states, where there have been disputes between religious schools and state authorities over educational standards and requirements.

Traveling to Eretz Yisrael always carries with it unique feelings. As put eloquently by the taxi driver that drove me from my hotel to the airport for my return flight to the U.S.A.; “You’re not going home. You’re going to America. Eretz Yisrael is home!”

NEW YORK NEWS

 New York Community Bank (NYCB) has acquired a substantial portion of the recently failed Signature Bank in a deal worth $2.7 billion, according to the Federal Deposit Insurance Corporation (FDIC). The transaction includes NYCB acquiring $38.4 billion of the New York-based Signature Bank’s assets, which is around one-third of the bank’s $110 billion total assets prior to its failure. Starting on Monday, 40 of Signature Bank’s branches will be renamed to Flagstar Bank, which is a subsidiary of New York Community Bank. The FDIC added that around $60 billion in loans from Signature Bank will remain in receivership and will be sold at a later time. The acquisition of Signature Bank comes just days after Silicon Valley Bank (SVB) also collapsed, making it the second-largest collapse in U.S. history, while Signature Bank’s failure is now ranked as the third-largest in U.S. history.

Recap: Libby tries to handle the difficult second-grade class. Two boys get into a fist fight and one boy is injured. Libby has to fill out an accident report. She feels terrible that it was during her class that he got hurt, and she’s sure also that she will be fired.

Recap: Libby enjoys Shabbos with her two foster children and her niece. After Shabbos, Mrs. Kahn calls to let her know that Sabrina’s and Marnie’s mother is planning to come visit them before Pesach. Libby doesn’t want her to come.