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Biden Says Those Behind SVB Bank ‘Mess’ Will Be Held Accountable

President Joe Biden ordered Treasury Department and economic advisers to address Silicon Valley Bank and Signature Bank failures, and will deliver remarks Monday to outline measures his administration is taking to bolster banking system.

  • President Joe Biden said he ordered Treasury Department and economic advisers to address Silicon Valley Bank and Signature Bank failures.
  • Biden to deliver remarks Monday to outline measures his administration is taking to bolster banking system.
  • Americans should remain confident their deposits will be there when they need them.
Biden Says Those Behind SVB Bank ‘Mess’ Will Be Held Accountable
President Joe Biden said that he ordered the Treasury Department and his economic advisers to address the failures of Silicon Valley Bank and Signature Bank, adding that those responsible will be held accountable.

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