US President Joe Biden Talks About Banks Crisis - Coinleaks
Current Date:November 7, 2024

US President Joe Biden Talks About Banks Crisis

The President of the United States of America, Joe Biden, gave a speech on the recent banking crises.

The recent banking crises had affected the financial markets globally. Especially silicone valley BenchAnd Closing Signature Bank made a great impression on the world. US President joe BidenOn the other hand, he held a press conference about these events and expressed his views.

Biden Targets Banks in His Press Conference

The succession of negative news from the financial sector in the past days has mobilized many officials, including heads of state. Banksincreasingly biased to crises The response from US President Joe Biden was quick. Joe Biden has harshly voiced his views on the banking crisis.

Biden, who made statements by targeting the bank crisis on the agenda, said, “ USAcitizens can be assured that their bank deposits are safe. FDICfirst on friday silicone valley Bench, next Signature Bench He got it under control. Managers of troubled banks will be fired, obviously. We will do our best to prevent such crises from recurring. As the US government, we are convicted of protecting the banking system.” said.

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