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Government weighs next steps after bank failures, but it's different than 2008 crisis
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The collapse of Silicon Valley Bank in California and Signature Bank in New York sparked fears of a nationwide banking crisis, but the federal government says depositors will not lose their funds and President Biden offered assurances the system is sound. CBS News chief Washington correspondent Major Garrett joins "Red and Blue" to discuss the political impact of the two bank failures.
#siliconvalleybank #banking #news
#siliconvalleybank #banking #news
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