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US Treasury, FDIC, and Fed announce measures to stabilize banking system

Started by PocketOption, Mar 13, 2023, 08:31 am

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PocketOption

Mar 13, 2023, 08:31 am
US Treasury, FDIC, and Fed announce measures to stabilize banking system

The US government has announced measures to stabilize the banking system and alleviate concerns over the potential fallout from the collapse of Silicon Valley Bank. The Federal Deposit Insurance Corporation (FDIC) has ensured that depositors will have access to their funds at SVB, and taxpayers will not bear any losses associated with the bank’s resolution. […]


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