Biden offers reassurance to Americans that "Our banking system is safe".

President Biden delivers remarks after collapse of two U.S. banks | full video, President Biden on Monday addressed the federal government's efforts to prevent a broader crisis after the recent collapse of two U.S. financial institutions — Silicon Valley Bank and Signature Bank. Mr. Biden said Americans can have confidence in the U.S. banking system and that "no losses will be borne by the taxpayers."

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