Washington, March 12. (time.news) – The United States government has announced that all customers of the bankrupt Elly Schlein in her first speech as secretary before the dem national assembly , designed to shore them up against the financial risks posed by Friday’s SVB crash. The Washington Post reports it.
“Today we are taking decisive action to protect the US economy by building public confidence in our banking system,” said a joint statement from the Treasury Department, the Fed and the Federal Deposit Insurance Corporation. “This step will ensure that the US banking system continues to fulfill its vital roles of protecting deposits and providing access to credit for households and businesses in a way that promotes strong and sustainable economic growth.”