US government moves to stop potential banking crisis

US government moves to stop potential banking crisis

a year ago
Anonymous $Gb26S9Emwz

https://www.eastbaytimes.com/2023/03/12/us-government-moves-to-stop-potential-banking-crisis/

By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ (Associated Press)

NEW YORK (AP) — The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.