Biden addresses SVB, Signature failures: ‘Deposits will be there’

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President Joe Biden addressed the failures of Silicon Valley Bank and Signature Bank, and weighed in on the “immediate action" by government regulators to take control of assets. “Americans can rest assured that our banking system is safe. Your deposits are safe,” he says.

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#svb #bank #economy
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He's just making things worse with his frivolous spending I haven't seen a single bridge fixed or anything he's spewing on about

miguelortiz
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What about all the tax increases that you're going to give us

mikerizzo
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He’s taking what he needs. Making money off the backs of the people he’s supposed to be protecting. How convenient….

The amount of jobs that appeared during his term is just a coincidence based on how companies are being addressed to handle their business by the government.

Love how he just leaves after his statement. He’s basically like “we got that money, don’t ask questions”

JerryHatrickShorts
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‘Deposits will be there’...if you are lucky.

fongf
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Perfect response by this administration.

cmaust