Biden addresses the collapse of Silicon Valley Bank | FULL STATEMENT

U.S. President Joe Biden says that the American banking system remains safe, and outlined the actions being taken after the collapse of Silicon Valley Bank.

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39 comments

  1. Private should adjoin at National to State levels. For sure a collapse with all of California’s insurance claims. And not all holdings are fairly represented sometimes. And not all holdings are personal, private to family secular, but also Fortune 500 for example. Would they be pulling insurance Jobs just to get by? Fortunes weighed and managed in some ways as Small Block, Medium, and Big Block, local to worldly my

  2. You can’t fully blame the last administration when Barney Frank himself sat on the board of Signature Bank which collapsed in the wake of the SVB implosion.

    1. That’s right, wait for my wealthy friends take out their money, try taking your money out later 🤣👍

    2. No, it’s don’t take your money out because if you do it will cause a domino effect of banks closing and economic calamity. Please be aware of what you’re talking about before just randomly hating and spreading miss information

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  4. he was reading prompter and turning the papers? what a president! holywood needs him

  5. Joe will get right on it like he did the train derailment disaster, the open border and his failed withdrawal in Afghanistan. No worries 😅

  6. “The problem with bailing out Billionaires and Banks is that eventually you run out of other people’s money.”

    1. Why would we need to worry when the government branches that are made to find fix and prevent situations like this are already fixing the problem as seen by customers being able to deposit and withdraw money as needed to pay bills and workers

  7. I instructed my administration to start printing. Rest assured, we have plenty of ink ribbons from Amazon. We be printing fo sho! – Joe

  8. Investing in crypto now should be in every wise individuals list, in some months time you’ll be ecstatic with the decision you made today

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