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Biden To Speak On Actions To Strengthen Confidence In Banking System In The Wake Of Bank Failure

By Joji Xavier   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

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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