In his speech on the banking system, US President Joe Biden included the measures to be taken against Silicon Valley Bank and Signature Bank bankruptcies.
Addressing US investors with the statements that your assets and the banking system are safe, Biden said in his statement last week that he saw how banks and small businesses could be affected by such situations. together with the authorities small businesses And of taxpayers Biden stated that they discussed what he could do to prevent such an event from being repeated. taxpayers will not be harmed in any way. stressed.
from congress, strengthen bank rules Biden, who stated that he would demand no one is above the law stated:
US citizens can rest assured that their bank deposits are safe. Managers were fired. Investors have taken risks that cannot be protected, and they have to bear the consequences due to the functioning of capitalism. We will not stop here and we will do what is necessary in every area. However, taxpayers will not be held responsible for any problems that may arise.
Bitcoin at the time of Biden’s statements, according to CoinGecko data $22,100 from the level 22,400rose to .