Economy

SVB collapse: White House looks to Congress for banking system response

By Haisten Willis
Published March 16, 2023 7:31pm ET
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SVB collapse: White House looks to Congress for banking system response
The White House repeated calls for more banking regulations on Thursday, but it did not mention any actions toward a wider bank rescue. President Joe Biden has called on Congress to strengthen regulations in the wake of Silicon Valley Bank‘s collapse, but specifics haven’t been announced yet. SVB COLLAPSE: YELLEN ASSURES CONGRESS BANKING SYSTEM IS […]


The White House repeated calls for more banking regulations on Thursday, but it did not mention any actions toward a wider bank rescue.

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Biden Administration Silicon Valley Bank Washington D.C.