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Biden assures Americans that banks are safe amid recent closures

June 2, 2023
in Market & News
Reading Time: 1 min read
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The Biden administration announced that customers at Silicon Valley Bank and Signature Bank, which were both forced into closure, would be made whole by the FDIC. NBC News’ Jacob Ward spoke with Ben Kaufman, CEO of the kids store Camp, who had most of his company’s money in SVB.

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