I want to reassure people is that we willcontinue to support our world-beating tech sector and all the high classjobs that it is, uh, that it provides, but also that our financialsystem is resilient. All customers who had depositsin these banks can rest assured, rest assured they'll be protected andthey'll have access to their money, as of today. That includes small businesses acrossthe country that bank there and need to make payroll, pay their bills, andstay open for business. No losses will, and I'm on, this is an important point,no losses will be born by the taxpayers.
Let me repeat that: no losses willbe born by the taxpayers. Instead, the money will come from the fees thatbanks pay into the deposit insurance fund.
2 thoughts on “World leaders react to Silicon Valley Monetary institution crumple | USA TODAY”
Broad red flag label of what is to attain abet.. thanks Biden, let's take funding Ukraine.
Thanks for continues updates👍I'd comparatively trade the Crypto market as its extra a success. I make an life like of $25,000 per week though I barely trade myself