This morning, Joe Biden addressed the financial institution collapses, together with Silicon Valley Financial institution and Signature Financial institution. As we reported on Sunday, the Federal Reserve Board assured depositors that they might have full entry to their cash on Monday.

The aim of that transfer and Biden’s speech was to attempt to guarantee Individuals that the banking system was secure.

“You may have faith that the banking system is secure,” Biden mentioned throughout his remarks. “Your deposits might be there once you want…


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