Biden: Americans can have confidence that the banking system is safe

  • Comments from the US President
Biden
  • Your deposits will be there when you need them
  • All depositors can rest assured they will have access to their money today
  • We must prevent this from happening again
  • I am going to ask congress and regulators to strengthen bank rules
  • Management of these banks will be fired
  • Investors in these banks will not be protected

I'm not sure this is the right tone from the President.

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