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President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

The government on Sunday evening stepped in to guarantee no losses will be borne by the lenders' depositors.

Updated Jul 9, 2025, 11:19 a.m. Published Mar 13, 2023, 3:18 p.m.
U.S. President Joe Biden (Chip Somodevilla/Getty Images)
U.S. President Joe Biden (Chip Somodevilla/Getty Images)