President Joe Biden will deliver remarks Monday morning on actions that his administration has taken to strengthen confidence in the U.S. banking system in the wake of the collapses of Silicon Valley Bank and Signature Bank.
In a statement issued on Sunday, Biden said that at his direction, the Treasury Secretary and the National Economic Council Director worked diligently with the banking regulators to address problems at Silicon Valley Bank and Signature Bank.
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.