REPLAY: Biden says US banking system 'safe,' but urges new regulations • FRANCE 24 English

President Joe Biden on Monday reassured Americans that their banking system is secure in the wake of the collapse of SVB and said he wants tougher regulations to prevent future crises. "Americans can have confidence that the banking system is safe. Your deposits will be there when you need them," Biden said in televised remarks from the White House after Silicon Valley Bank's failure and the federal takeover of a second bank.
#US #SVB #Biden

[cfwin]

They always say something like that until they break their promise 😂

[momc]

Such an uneasy feeling when scratches his nose while saying something important.

[patrickkinney]

Your experts didn't see this coming?

[aoifemurphy]

No-one is above The Law, unless you are Hunter.

[larsgranstrom]

If he says he will help you, run away as quickly as possible.

[TBM]

We have heard this before, and these leaders always have to say something to ‘ease’ our worries but I don’t believe it anymore

[milamurry]

Where is the closed captions? Auto-gen isn't that hard, is it?

[yellowbhee]

Hoohah or Hee Haw.... Trouble or Hurray

[psnaris]

I feels so much better now that Biden and his crowd are taking action.

[makedredd]

When was the banking system overall ‘never safe’?

[patrickkinney]

Ok so you blame the previous administration, yet for two years you and your experts didn't fix it?

[SD-ezjr]

Haha.. day of the fiat currency is over.. hyperinflation knocking on the door..