× Follow us on Telegram! Telegram is where we really talk. Don't miss out!
Republican Fighter
  • Home
  • News
  • About Us
  • Privacy Policy
    • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions
No Result
View All Result
  • Home
  • News
  • About Us
  • Privacy Policy
    • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions
No Result
View All Result
Republican Fighter
No Result
View All Result

Biden Says ‘Our Banking System is Safe’ Amid Silicon Valley Bank Fallout

March 14, 2023
Reading Time: 1 min read
A A
Biden Says He Has No Plans to Visit Site of Toxic Ohio Train Derailment — And Hasn’t Been Invited

Share this post on social media:

  • Facebook
  • X (Twitter)
  • GETTR
  • Telegram
  • Truth Social
  • Gab

President Biden on Monday expressed confidence that the U. S. banking system is safe and Americans can access their deposits after regulators closed two banks in recent days.

“The bottom line is this: Americans can rest assured that our banking system is safe. Your deposits are safe. Let me also assure you, we will not stop at this. We’ll do whatever is needed,” Biden said in remarks before departing for California.

The president sought to reassure the public and financial markets that his administration had the situation under control after regulators late last week took control of Silicon Valley Bank, which catered to the startup and venture capital-funded tech world. Regulators in New York on Sunday closed Signature Bank of New York amid growing uncertainty about the stability of the banking system.

The president said the government would pursue a “full accounting” of how Silicon Valley Bank collapsed and why, adding that lawmakers must act to prevent it from happening again.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

The Treasury Department on Sunday announced it would backstop all deposits at those banks, not just up to $250,000 as insured by federal law.

This is an excerpt only. Read the full story here.

Share this post on social media:

  • Facebook
  • X (Twitter)
  • GETTR
  • Telegram
  • Truth Social
  • Gab

Related Posts

News

Failure to Enforce Immigration Laws Linked to Dallas Beheading Incident

September 17, 2025
News

Charlie Kirk’s Legacy: A Rallying Cry for Change

September 17, 2025
News

Georgia’s Raffensperger Launches Governor Bid Amid Trump-Endorsed Rivalry

September 17, 2025
News

Democrat Nadler Criticizes Charlie Kirk During House Judiciary Hearing (VIDEO)

September 17, 2025
News

Mother of Suspected Charlie Kirk Shooter Acknowledges Left-Wing, Pro-Trans Shift

September 17, 2025
News

Protesters Challenge Trump During UK State Visit

September 17, 2025
Next Post
Woman Flung Out of Car in Wreck Saved by Nurses Stopped on Road: ‘They Were Certainly Angels’

Woman Flung Out of Car in Wreck Saved by Nurses Stopped on Road: ‘They Were Certainly Angels’

Kamala Harris Won’t Speak to Elizabeth Warren After ‘Pretty Insulting’ 2024 Snub: Report

Kamala Harris Won't Speak to Elizabeth Warren After 'Pretty Insulting' 2024 Snub: Report

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Posts

  • Failure to Enforce Immigration Laws Linked to Dallas Beheading Incident
  • Charlie Kirk’s Legacy: A Rallying Cry for Change
  • Georgia’s Raffensperger Launches Governor Bid Amid Trump-Endorsed Rivalry
  • Democrat Nadler Criticizes Charlie Kirk During House Judiciary Hearing (VIDEO)
  • Mother of Suspected Charlie Kirk Shooter Acknowledges Left-Wing, Pro-Trans Shift

  • About Us
  • Disclaimer
  • DMCA Policy
  • Home
  • Privacy Policy
  • Terms and Conditions

© 2025 Republican Fighter. We are not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
  • About Us
  • Privacy Policy
    • Disclaimer
    • DMCA Policy
    • Terms and Conditions

© 2025 Republican Fighter. We are not responsible for the content of external sites.