Keep an eye on the "President of the United States" announcing the banking crisis - summarizing measures to support the banking system on March 13.
Photographer: Hannah Beier/Bloomberg
On March 13, 2566, Bloomberg News reported that Joe Biden, President of the United States Said that he has ordered the Ministry of Finance and economic advisers to solve the problem of the collapse of Silicon Valley Bank (SVB) and Signature Bank, emphasizing that those behind the collapse of SVB will must be responsible
Biden announced yesterday (March 12) local time that “Insist that those behind this matter will be held accountable. We are ready to move forward to enhance supervision of major banks so that we do not have to be in this situation again,” adding that he would summarize the government's measures to shore up the banking system on Monday morning. or the evening of March 13, Thai time) Members of Congress received information about the government's measures last night.
The statement came after the US Treasury Department Along with the Federal Reserve (Fed) and the Federal Deposit Guarantee Corporation (FDIC), they issued a joint statement saying they would take steps to strengthen confidence in the banking system. After people worried that the bankruptcy of SVB would result in the collapse of other financial institutions, financial institutions and businesses as well.
The federal government has confirmed that citizens with deposits at SVB and Signature Bank will have full access to their deposits. It will take effect from Monday, March 13 onwards.
