Tag: Banks

Biden Administration Faces Pressure, Scrutiny in Wake of SVB Collapse

Biden Administration Faces Pressure, Scrutiny in Wake of SVB Collapse

In a televised address about the recent crisis involving the emergency federal seizure of Silicon Valley Bank and Signature bank, President Biden reassured the American people that the banking system is still secure; and measures will be taken to make sure minimal blowback will be felt by the public as a whole.

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