President Biden Offers Reassurances On Banking Crisis, But Leaves Room Before Answering Questions

On Monday, March 13, 2023, President Biden delivered remarks on the U.S. economy as federal regulators work to protect the financial system after Silicon Valley Bank and Signature Bank shut down over the weekend. The U.S. government took steps Sunday to try and prevent a banking crisis after the historic bank failures. Assurance was made to all depositors at both banks that they could access all their money quickly.

Original YouTube Video:
https://www.youtube.com/watch?v=dLVbVqqsXF8