Washington Today (3/13/2023): POTUS Biden insists banking system is safe after 2 bank collapses
March 13, 2023
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31:41Now PlayingWashington Today (3/13/2023): POTUS Biden insists banking system is safe after 2 bank collapses
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as posted by the channelToday at the White House, President Biden promised quick action by the Federal Reserve, Treasury and Federal Deposit Insurance Corporation following the collapse of both Silicon Valley Bank and Signature Bank…He also assured Americans that the US banking system is safe.
Members of Congress from both sides of the aisle are also reacting to the weekend's bank failures and President Biden's response…
With members of the Senate Finance, and Banking committee's weighing in…plus the chair of the House Financial Services Committee…
And the Pentagon unveiled its proposed 2024 budget today…asking Congress to counter China and increase weapons production depleted partly by the ongoing war in Ukraine.
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