Key Points
U.S. President Joe Biden delivers remarks on the banking crisis after the collapse of Silicon Valley Bank (SVB) and Signature Bank, in the Roosevelt Room at the White House in Washington on March 13, 2023..
President Joe Biden on March 13, 2023 reassured Americans that their banking system is safe in the wake of the sudden collapse of SVB and the federal takeover of a second bank...
US taxpayers will not be on the hook for the rescue of depositors at the failed SVB bank, Mr. Biden said, telling Americans that the crisis was under control...
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