Americans Can Have Confidence Banking System Is Safe, Biden Says

President Joe Biden says he will seek stronger regulations for banks as he explains the actions taken by government agencies in the wake of the failure of Silicon Valley Bank. Biden delivered the comments Monday at the White House.

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[nickcharles]

"Never believe the government until they officially deny something". - Claude Cockburn

[SmallvilleFann]

When they say it’s safe start panicking!!!!

[amycaruthers]

Well if Joe is saying the banking system is safe Get your money out now!!!

[frankies-]

What a relief, reassurance means a lot coming from joe biden.

[MBbeme]

Just remember: they told us “two weeks to slow the spread” and “inflation is transitory”. They say that so there’s no panic BECAUSE there IS reason to panic

[jons]

This should go as smooth as Afghanistan and the Border.

[dlightningz]

Literally what everyone has said ever right before a catastrophe. Coming from this man who should be on a beach somewhere enjoying his golden years, I'm fully prepared to see a mushroom cloud on the horizon

[larouedorllc]

Of course it’s safe! They’ll use our tax dollars to bailout the banks again without asking for any compensation or imposition restrictions 🤣🤣🤣

[jonbrokaw]

No one is above the law.... except us politicians and rulers

[Emboltic]

Whenever he says anything is safe, just expect it to be quite the opposite

[kmwilliams]

Politicians should be FIRED if they fail too...Joe!

[anthonydelke]

Didn’t 4 more banks just fail? This guy has be held accountable for his criminal lying.

[wungee]

"Don't panic! Go back to your rooms. Everything's fine."

They said as the Titanic sank.

[mg]

Kamiltoe is at the bank sending her money to Jamaica .

[ForXGuide]

Banks loan out our money and they loosing the dang money

[Hooligan]

This should tell you, to take your money out of the banks! ASAP!!!

[christopherangeli]

Joe, nothing you do makes us feel safe.

[GMCTIM]

Folks, get ur money out the bank before its lost !

[mollyn.]

Right, we can have an assurance that the banking system is safe, until it isn’t.

[justobey]

So in other words... We're screwed