Crisis in Silicon Valley Bank: Biden says those responsible must be “accountable”


close

Biden

President Biden asked Americans on Monday to have confidence in their banking system.

President Biden asked Americans on Monday to have confidence in their banking system.

Biden assured that he will strengthen supervision so that this situation does not happen again.

President Joe Biden vowed Sunday to hold those responsible for the failure of Silicon Valley Bank “to account” and a second financial institution, Signature Bank, in trying to reassure Americans that their deposits are safe.

I am firmly committed to holding those responsible for this disaster fully accountable and to continue our efforts to strengthen supervision and regulation of the largest banks so that we are not in this position again.“Biden said in a statement.

(It may interest you: The United States denies the alleged plan to exchange prisoners for Alex Saab).

“The American people and American business They can trust that their bank deposits will be there when they need them”added the president.

(It may interest you: Due to an ‘oversight’, her identity was stolen and she was linked to trafficking in women).

More news

AFP.

keep going down
to find more content

you reached the content limit of the month

Enjoy the content of DIGITAL TIME unlimited. Subscribe now!

* COP $900 / month during the first two months

We know that you like to always be informed.

Create an account and you can enjoy:

  • Access to newsletters with the best current news.
  • Comment the news that interests you.
  • Keep your favorite items.

Create an account and you can enjoy our content from any device.

#Crisis #Silicon #Valley #Bank #Biden #responsible #accountable

Related Posts

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Recommended