{"id":1875283,"date":"2023-03-12T22:59:00","date_gmt":"2023-03-13T02:59:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/silicon-valley-bank-collapse-biden-vows-to-strengthen-oversight-and-regulation\/"},"modified":"2023-03-12T23:01:28","modified_gmt":"2023-03-13T03:01:28","slug":"silicon-valley-bank-collapse-biden-vows-to-strengthen-oversight-and-regulation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/silicon-valley-bank-collapse-biden-vows-to-strengthen-oversight-and-regulation\/","title":{"rendered":"Silicon Valley Bank collapse: Biden vows to &#8216;strengthen oversight and regulation&#8217;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsilicon-valley-bank-collapse-biden-vows-to-strengthen-oversight-and-regulation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1875283&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78476531\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"Tucker Carlson's Jan. 6 footage creates legal headache for DOJ prosecutions\">               <meta itemprop=\"description\" content=\"The release of new tapes from the Jan. 6 Capitol riot on Tucker Carlson's Fox News show could create a major legal headache for the Department of Justice's handling of cases against hundreds of defendants, according to legal experts. Since Carlson's debut of the footage, several other riot defendants who have yet to face a final judgment over their criminal cases have requested a delay in their trial in order to review the footage released from McCarthy that he said would be made available to all defendants.\">               <meta itemprop=\"duration\" content=\"PT1M35S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-10 19:17:37\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/1260458_th_1678476530.jpg640e9194a166f.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1260458.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78476531\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1260458\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/joe-biden\">President Joe Biden<\/a> On Sunday, the government promised to punish those responsible. <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/finance-economy\/silicon-valley-bank-fdic-auction-svb\" target=\"_blank\" rel=\"noopener\">Silicon Valley Bank<\/a> His administration aims to make the financial institution&#8217;s clients whole.<\/p>\n<p>Biden stated that the American public can feel confident that their bank accounts will be available when they need them. He also stressed that taxpayer dollars will not be affected by his actions. &#8220;at risk.&#8221;<\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/democrats-sharpen-attacks-on-extreme-desantis-iowa-debut\" target=\"_blank\" rel=\"noopener\">DEMOCRATS SHARPEN ATTACKS EXTREME DESANTIS AS HE MAKES IOWA DUUT<\/a><\/b><\/p>\n<p>&#8220;Over the weekend, and at my direction, the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/janet-yellen\">Treasury Secretary<\/a> and my National Economic Council Director worked diligently with the banking regulators to address problems at Silicon Valley Bank and Signature Bank,&#8221; This is the statement. &#8220;I am pleased that they reached a prompt solution that protects American workers and small businesses, and keeps our financial system safe.&#8221;<\/p>\n<p>&#8220;I am firmly committed to holding those responsible for this mess fully accountable and to continuing our efforts to strengthen oversight and regulation of larger banks so that we are not in this position again,&#8221; He concluded.<\/p>\n<p>Biden will speak on Monday about Signature Bank and Silicon Valley Bank.<\/p>\n<p>Biden&#8217;s administration was launched earlier Sunday. <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/silicon-valley-bank-collapse-us-regulators-customer-bail-out-plan\" target=\"_blank\" rel=\"noopener\">guaranteed<\/a> Silicon Valley Bank deposits, even uninsured, are available to customers so they can keep their money safe.<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read more from <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/biden-silicon-valley-oversight-regulation\">Silicon Valley Bank&#8217;s collapse: Biden promises to&#8217;strengthen supervision and regulation&#8217;<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden On Sunday, the government promised to punish those responsible. Silicon Valley Bank His administration aims to make the financial institution&#8217;s clients whole. Biden stated that the American public can feel confident that their bank accounts will be available when they need them. He also stressed that taxpayer dollars will not be affected &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1897026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[5373,3620,7385,5618,5270,8107,9864,8109,5099],"class_list":["post-1875283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-bank","tag-biden","tag-collapse","tag-oversight","tag-regulation","tag-silicon","tag-strengthen","tag-valley","tag-vows"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1875283"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1897026"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}