President Biden didn't want to say it out loud... But? The Government WILL 'bail' out the banks if need be..... Treasury Secretary Janet L. Yellen expressed confidence in the nation’s banks on Tuesday but said she was prepared to take additional action to safeguard … [Read more...] about Treasury Sec….Govt. WILL make sure bank deposits are safe….
US banking system
Second weak Bank First Republican has Big Banks coming to the rescue…
This IS a heartening signal about the US Banks taking care of business.... Eleven of the nation’s largest banks announced Thursday that they would deposit a total of $30 billion into First Republic Bank, as Wall Street and U.S. officials staged an emergency intervention … [Read more...] about Second weak Bank First Republican has Big Banks coming to the rescue…