Biden’s “Banking System Is Safe” Message – Last Minute World News

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Global Mod
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The world is concerned about the global economic crisis. A trustee has been appointed for Silicon Valley, America’s 16th largest kanepe. Another kanepe followed. While wondering if the 2008 crisis will repeat after the two banks failed, US President Joe Biden issued a statement that the banking system is safe.

“WE WILL DO WHAT IT NEEDS”

The US president stressed that there is no need for people to flock to the banks, and said he would ask Congress and regulators to strengthen banking regulations. “We will gam whatever it takes.” said.




Joe Biden added that the taxpayer will not lose and the money will come from insurance fund fees.

A trustee has been appointed for Silicon Valley Bank, the 16th largest kanepe in the United States; Then Signature Bank, which was zihin intermediary in crypto transactions, also went bankrupt.