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“It’s Hard to Regulate U.S. Banks!”

The Insightful Leader

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The FDIC's Guarantee on Uninsured Deposits

There's about 190 banks for whom that would absolutely happen. If half the people ran, the bank would get shut down and other people who didn't run would lose everything. Silicon Valley Bank could have prevented this, but it would have done so at quite an expense. The Biden administration came out and basically said, you know, what we are going to guarantee all of this.

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