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Banking Turmoil: First Republic's $30B Rescue, SVB Bankruptcy, White House Reaction 3/17/23

Squawk on the Street

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Silicon Valley Bank and Signature Bank

My view is that we have to do a careful review of what happened at SVP in Signature Bank. And then we need to address it working closely with Congress. Ultimately, what people do is they put their deposits and banks in order to do things like be able to afford to send their kids to school or to run their small businesses. Our goal is to build a regulatory regime that continues to make that safer people.

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