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Biden offers assurances after major US banks collapse
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US President Joe Biden has tried to reassure Americans that the country's banking system is safe, after the collapse of Silicon Valley Bank.
It is the largest failure of a US bank since the 2008 global financial crisis, but Biden says customers and taxpayers won't bear any losses.
Al Jazeera's Kimberly Halkett reports for the White House, in the United States.
@AljazeeraEnglish
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#SiliconValleyBank
It is the largest failure of a US bank since the 2008 global financial crisis, but Biden says customers and taxpayers won't bear any losses.
Al Jazeera's Kimberly Halkett reports for the White House, in the United States.
@AljazeeraEnglish
#Aljazeeraenglish
#News
#UnitedStates
#SiliconValleyBank
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