Friday, March 24, 2023

Biden: Biden vows to hold those responsible for bank failures ‘fully accountable’ – Usky News

washington: President Joe Biden vowed on Sunday to hold “fully accountable” those responsible for the failure Silicon Valley Bank and a second financial institution, Signature Bank, as he tried to reassure Americans that their deposits were safe.
In a statement, Biden said, “I am committed to holding those responsible for this mess fully accountable and to continuing my efforts to strengthen oversight and regulation of large banks, so that we are not in this situation again.” Be.”

“The American people and American businesses can be confident that their bank deposits will be there when they need them,” the president said.


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