Margaret Brennan
@facethenation·754K subscribers·14.9K videos
Biden says U.S. banking system is "safe" after Silicon Valley Bank collapse | full video
Posted
March 14, 2023
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16:15Now PlayingPresident Biden delivered remarks on Monday on the government's response to the collapse of California-based Silicon Valley Bank. "Americans can have confidence that the banking system is safe," Biden said in his brief remarks. State regulators shut down the bank Friday after depositors rushed to withdraw money last week due to concerns about its balance sheet. Signature Bank of New York was also closed by state authorities on Sunday.
#news #biden #siliconvalley
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