US President Joe Biden said Monday that people should “rest assured” after his administration acted to ease uncertainties about the banking system in the wake of the collapse of Silicon Valley Bank last week, the second-largest bank failure in U.S. history. The president spoke about the actions taken by his ...
US President Joe Biden will speak about the current banking situation on Monday, following the Silicon Valley Bank (SVB) failure, according to a statement released by the White House. “Tomorrow morning, I will deliver remarks on how we will maintain a resilient banking system to protect our historic economic recovery,” ...
