President Joe Biden said Monday that people can rest assured the U.S. financial system is safe after the sudden collapse of two regional banks in the span of three days, emphasizing that his team took quick action to protect the interests of depositors and prevent the risks of wider financial fallout."Americans can have confidence that the banking system is safe. Your deposits will be there when you need them," Biden said after U.S. regulators took control of California-based Silicon Valley Bank on Friday and New York-based Signature Bank two days later.The failure of Silicon Valley Bank, w…READ FULL ARTICLE
