Has President Biden Nationalized our banking system?
A better question is, how has he NOT Nationalized our banking system? How can the government now refuse to make whole depositors of more than $250,000 in any bank in the country?
Updated 8:44 PM ET, Sun March 12, 2023
New York (CNN)In an extraordinary action to restore confidence in America's banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday.
A better question is, how has he NOT Nationalized our banking system? How can the government now refuse to make whole depositors of more than $250,000 in any bank in the country?
US regulators say SVB customers will be made whole as second bank fails
By David Goldman, CNNUpdated 8:44 PM ET, Sun March 12, 2023
New York (CNN)In an extraordinary action to restore confidence in America's banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday.
US regulators say SVB customers will be made whole as second bank fails
In an extraordinary action to restore confidence in America's banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday.
www.cnn.com