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depositors president biden in remarks this morning addressing the moves by his administration america s going to have confidence that the banking system is safe your deposits will be there when you need them. i instructed my team to act quickly to protect these interests. no losses will be born by the taxpayers. i ll break it down with larry summers. the president s heading to san diego this hour with meetings where the british prime minister and australia s leader, highlighting the sale of nuclear submarines to our allies to counter china s indo-pacific power. and donald trump heading to iowa today following the footsteps there with likely challenger, ron desantis and days after his former vice president, mike pence, made his most critical comments yet over trump s role on january 6th. good day, everyone i m andrea mitchell in washington depositors at the failed bank breathing a sigh of relief after the u.s. government led by the treasury department, federal reserve,

Bank depositorsSilicon valley bankFdic jumping in11th hourFederal reserveTreasury departmentBanking systemLarry summersSan diegoPrime ministerIndo pacific powerDonald trumpVice presidentMike penceRon desantisBank breathing a sigh