"US Government Files Lawsuit Against Silicon Valley Bank"

The IRS has filed a lawsuit against the FDIC over a $1.45 billion tax bill related to the bailout of Silicon Valley Bank by the US government. The FDIC, which took over the bank, is disputing the tax claim, leading to a legal battle between two government agencies. The IRS acknowledges that the final tax burden may be less than initially estimated, but the dispute remains unresolved.