{"id":1875405,"date":"2023-03-13T08:42:15","date_gmt":"2023-03-13T12:42:15","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-joe-biden-to-address-nation-on-banking-system-after-shock-collapse\/"},"modified":"2023-03-13T08:48:36","modified_gmt":"2023-03-13T12:48:36","slug":"svb-collapse-joe-biden-to-address-nation-on-banking-system-after-shock-collapse","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/svb-collapse-joe-biden-to-address-nation-on-banking-system-after-shock-collapse\/","title":{"rendered":"SVB collapse: Joe Biden to address nation on banking system after shock collapse"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/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%2Fsvb-collapse-joe-biden-to-address-nation-on-banking-system-after-shock-collapse%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=1875405&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--><div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78399405\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"Six takeaways from Biden's big-spending budget proposal\">               <meta itemprop=\"description\" content=\"President Joe Biden released his budget for the next fiscal year on Thursday, outlining the policy priorities that could underpin his reelection bid should he choose to run for a second term. Biden claimed his budget proposal would cut the deficit by $3 trillion over the next decade, although he requested spending increases across virtually every part of the government.\">               <meta itemprop=\"duration\" content=\"PT2M32S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-09 21:59:50\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/1259651_th_1678399391.jpg640f1a2c55baa.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1259651.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78399405\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1259651\"} }); <\/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\/tag\/joe-biden\" target=\"_blank\" rel=\"noopener\">President Joe Biden<\/a> <span class=\"ArticlePage-articleBody-firstLetter\">w<\/span>ill address the nation Monday morning on the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/us-officials-weigh-backstopping-silicon-valley-depositors\">Silicon Valley Bank collapse<\/a> and the country&#8217;s banking system. <\/p>\n<p>The president will speak from the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/white-house\" target=\"_blank\" rel=\"noopener\">White House<\/a> at 9 a.m. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/biden-silicon-valley-oversight-regulation\" target=\"_blank\" rel=\"noopener\">SILICON VALLEY BANK COLLAPSE: BIDEN VOWS TO &#8216;STRENGTHEN OVERSIGHT AND REGULATION&#8217;<\/a><\/b> <\/p>\n<p>On Sunday, Biden promised to punish those responsible for the collapse of <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/finance-economy\/silicon-valley-bank-fdic-auction-svb\">Silicon Valley Bank<\/a> as his administration seeks to make the financial institution&#8217;s customers whole. <\/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; the statement read. &#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; <\/p>\n<p>Earlier Sunday, the Biden administration <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/silicon-valley-bank-collapse-us-regulators-customer-bail-out-plan\">guaranteed<\/a> Silicon Valley Bank deposits, including uninsured amounts, so customers will have access to their <\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Read More From <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/svb-collapse-biden-speaking-white-house\">SVB collapse: Joe Biden to address nation on banking system after shock collapse<\/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 will address the nation Monday morning on the Silicon Valley Bank collapse and the country&#8217;s banking system. The president will speak from the White House at 9 a.m. SILICON VALLEY BANK COLLAPSE: BIDEN VOWS TO &#8216;STRENGTHEN OVERSIGHT AND REGULATION&#8217; On Sunday, Biden promised to punish those responsible for the collapse of Silicon &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1897038,"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":[4795,14689,3620,7385,7189,11156,10530,21356],"class_list":["post-1875405","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-address","tag-banking","tag-biden","tag-collapse","tag-joe","tag-nation","tag-shock","tag-svb"],"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\/1875405","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=1875405"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875405\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1897038"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}