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Biden addresses U.S. banking system following Silicon Valley Bank collapse

March 28, 2023
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President Biden delivers remarks on sustaining a resilient banking system and defending our historic financial restoration. #FoxNews

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Tags: addressesBankbank collapsebank collapse 2023Bank Failurebankingbanking systemBidenbiden banking systembreaking news todaybreaking news ukbreaking news usa todayCollapsecollapse of silicon valley bankfinancial newsfinancial news todayfncfox livefox live streamfox newsfox news channelfox news livefox news live streamjoe bidenlatest news todaylivelive streamlive streamingNewspolitical newspolitical news todaypresident bidenSiliconsilicon valleysilicon valley banksilicon valley bank collapsesilicon valley bank failuresports newsSVBsvb collapseSystemU.Sus banking systemus banksValleywhat happened to silicon valley bank
Previous Post

Biden speaks on the U.S. banking system after SVB, Signature Bank collapse — 3/13/23

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Comments 41

  1. Shaun B. says:
    3 months ago

    I blame all the reckless and irresponsible people who voted for Biden. Biden who lies constantly says these banks that have gone under won’t affect the American people. What a lie, who else but the American people, who are taxpayers are going to be forced to bail out these banks.

    Reply
  2. Joseph Lee says:
    3 months ago

    I wonder what tucker Carlson thinks of this

    Reply
  3. John Jacob says:
    3 months ago

    Pay no attention to the man behind the curtain!!! Isnt it clear at this point he doesn’t write his speeches? I want to know who’s actually the president

    Reply
  4. brian Cunningham says:
    3 months ago

    Blaming the previous administration again

    Reply
  5. Mike Dyer says:
    3 months ago

    I can’t believe he said no one is above the law. What a joke

    Reply
  6. Jimmy Nolet says:
    3 months ago

    The liberals were probably after someones money so they bankrupted the bank to get it……

    Reply
  7. Chris Rinner says:
    3 months ago

    I swear this administration is trying to give this country to China, or make it easy for them to takeover. They've sold us out. We will not let this happen, as Patriots. We have an oath

    Reply
  8. Animal Lives Matter says:
    3 months ago

    Biden has caused our country to start collapsing. It's happened repeatedly in the world. It starts with weak and seriously poor leadership a failing economy and too many people without ramping up food production. if you can't see it is happening you must be intentionally ignorant…or just so incredibly rich nothing can touch you including rising costs

    Reply
  9. Christina Mersereau says:
    3 months ago

    Banks are risky business. This is the best bank 🐖

    Reply
  10. Patti klima says:
    3 months ago

    Your saving your but. Not ours. You get a kickback somehow. You are killing this country!! You say there won’t be charged to the people. We have been paying through the nose since you had taken office.

    Reply
  11. Swiney family in the PHILIPPINES says:
    3 months ago

    Democrats plain this, another step to try to get the new world order,

    Reply
  12. John Naples says:
    3 months ago

    When did Biden become so interested in protecting the wealthy as in svf where Gavin Newsom banks. The tax the rich budget is phony because he knows the House will never approve it.

    Reply
  13. er ver says:
    3 months ago

    Interest rate too high
    Grade four knows how where the money coming from ;; can’t create new business
    Manufacturing; farming , more food production , low skilled employees, too much money in military , no new brain talent , immigration stagnant, more people retiring , the foundation is getting weak , not enough manpower ,

    Reply
  14. Canadianloon says:
    3 months ago

    Reverse everything Joe says and you'll have the truth
    I got my money out and don't trust any Bank

    Reply
  15. Joann DeNardo says:
    3 months ago

    We won’t rest assured until you and your whole administration is out of office Brandon

    Reply
  16. Bïķģfŕř Üþēŵŗ says:
    3 months ago

    America is collapsing period

    Reply
  17. Bïķģfŕř Üþēŵŗ says:
    3 months ago

    The only jobs government creates is more government jobs.

    Reply
  18. Recordgirly says:
    3 months ago

    The Times noted in its report that the 2018 bill to loosen bank regs was championed by SVB CEO Greg Becker. Becker had pressed lawmakers in Congress to lessen regulation that placed higher scrutiny on certain banks, claiming that SVB had a "low risk profile of our activities and business model." By 2018, his bank had spent roughly $500,000 to lobby for the changes that Trump ultimately signed into law, according to The Lever, an investigative news outlet.

    Reply
  19. James Jowitt says:
    3 months ago

    President Biden and Vice-president Harris and Mayorkas are perfectly Comfortable with the American people in Deline even a Collapse Bank in California that includes Open Borders with Fentanyl drugs cross the Border Lawlessness Country country and Afganstand Withdrawal leaving Weapons behind for the Tailban Americans Soldiers left to die he loves all this when the Economy is in Deline

    Reply
  20. Russell Grove says:
    3 months ago

    Oh yeah the idiot who has wrecked our country says breathe easy

    Reply
  21. Russell Grove says:
    3 months ago

    So inother words the bank loses money and we bail them out plus Biden's economics ruined the banking system then blames Trump for his failures

    Reply
  22. Alan Kemmerly says:
    3 months ago

    "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…. I believe that banking institutions are more dangerous to our liberties than standing armies…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." – Thomas Jefferson

    Alan – Quick question which African country nationalized there banks and then later their banks failed due to rampant inflation?

    Chat GPT – The African country that nationalized its banks and later experienced rampant inflation leading to the failure of its banks is Zimbabwe. In 1980, the Zimbabwean government nationalized all commercial banks in the country, and over time, the government began to print more money to fund its spending, which led to hyperinflation. This hyperinflation, which peaked at around 500 billion percent in 2008, contributed to the failure of many of Zimbabwe's banks, as their deposits lost value and borrowers struggled to repay their loans.

    Reply
  23. Peterson Family says:
    3 months ago

    Biden walking away and closing the door behind him as questions are being asked was just creepy and scary.

    Reply
  24. lmw lmw says:
    3 months ago

    🤣🤣🤣😂😂😂😂 ……. I'm already much more relaxed …. let's see what's going to happen in 10 days…!!! Let's go Brandon….!!!

    Reply
  25. Louis Sirvent says:
    3 months ago

    His lips are moving so you know he's lying!!!! Building socialism back better by the Biden regime!!

    Reply
  26. Louis Sirvent says:
    3 months ago

    Let's go Brandon!!! More jobs than everyone else ever and no accountability for my guys or chocolate ice cream and fliba jiba and a nap to go please, dirt nap.

    Reply
  27. Marvla s Lindberg says:
    3 months ago

    Lord help us

    Reply
  28. Ken Van Fleet says:
    3 months ago

    Everybody knows that joe NEVER lies

    Reply
  29. Scott says:
    3 months ago

    We have gone from FDIC to FDNC…if you vote democrat or donate to democrats, we'll subsidize your incompetence…

    Reply
  30. Kyle Bryan says:
    3 months ago

    The only reason for my personal disapproval and single dislike here is that it reflects my rejection, at this moment, listening to Biden's empty handed assurances.
    I'm sorry Mr. President. I have no faith in your words or assurances. You're no longer even able to lie to us without having someone else teleprompter lies for you:-(

    Reply
  31. Jack Jensen says:
    3 months ago

    Great now the government is in control of youalls money. In other words china.

    Reply
  32. Jack Jensen says:
    3 months ago

    These Are not new jobs they are old jobs that got 86ed cause of the covid 19 (China) whatever you want to call it viruse. And they shut the country down.

    Reply
  33. Gorilla Cookies says:
    3 months ago

    " It's well enough that people of the nation do not understand our Banking or Monetary system , For if they did I believe we would have a Revolution by tomorrow morning ! "
    Henry Ford

    Reply
  34. Norman Stauffer says:
    3 months ago

    I'm still waiting for pictures of pallets of money being loaded onto planes in the middle of the night, to be flown to Silicon Valley Bank.

    Reply
  35. Benji Franks says:
    3 months ago

    He's reading a teleprompter

    Reply
  36. tearl says:
    3 months ago

    Any time Joe Biden says "Relax, there is no problem, everything is just fine, you are totally safe", you should have used the emergency exit 20 minutes ago.

    Reply
  37. Debra Yarborough says:
    3 months ago

    Here he goes with the blame game. Rest assured you are probably being lied to again and again and again.

    Reply
  38. Gold Term Solutions says:
    3 months ago

    Nobody trusts the way he runs this country we must invest in gold and silver

    Reply
  39. AMIT DAS says:
    3 months ago

    No more country to invade gets bank collapse.

    Reply
  40. Jeff Brinkman says:
    3 months ago

    The government is taking over, but no burden will be from the taxpayers. Sounds great except that part about the fees bank pay will carry that burden. That sounds great, too. Just wondering, though. Where does the bank get the money to pay those fees? Tax paying citizens of this country! That's who! Nice try, Joe. But anytime government "takes over" the citizens are paying for it either in taxes, permits or fees of some sort. The government doesn't just "take care" of anything. Someone has to give them that money to "take care" of it. The bank isn't giving it's own money to the government fees. It's not coming out of their profits. It's s coming out of the customers by either fees or less interest paid to said customer on their money or charging more interest on borrowed money. Now, let's get the people involved that can put sentences together and actually answer questions realistically. Walking off the stage after a canned speech is just weak. That weakness just trickles down to everyone else.

    Reply
  41. Tacita Morgan says:
    3 months ago

    👋😀💙💗 Joe Biden 💪👔👞👞🇺🇸👑🌌🌌🌌🌌👌😀🎲🎲💗💙🔃

    Reply

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