| Claim: | Joe Biden Insists That the Banking System Is Safe |
|---|---|
| Rating: |
True
|
| Finding: | Americans can have confidence that the banking system is safe. Your deposits will be there when you need them. |
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In response to Silicon Valley Bank and Signature Bank failing (being unable to meet depositor withdrawal demands). Joe Biden has made an announcement during a White House press briefing that:
Americans can have confidence that the banking system is safe. Your deposits will be there when you need them.
A link to the YouTube video of the speech is below.
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