Biden Administration Bails Out Failing Banks, Vows To Hold All Responsible

The post Biden Administration Bails Out Failing Banks, Vows To Hold All Responsible appeared first on Coinpedia Fintech News In a shocking turn of events, two major U.S. banks, Silicon […]

The post Biden Administration Bails Out Failing Banks, Vows To Hold All Responsible appeared first on Coinpedia Fintech News
In a shocking turn of events, two major U.S. banks, Silicon Valley Bank and Signature Bank, have collapsed. The Federal Reserve quickly took action, and United States President Joe Biden announced that those responsible for the banking mess will be held accountable. While the cause of the collapse has yet to be fully disclosed, it …