White House: have faith in regulators when asked about SVB Financial

White House: have faith in regulators when asked about SVB Financial

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The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB Financial Group (SIVB.O), the largest bank failure since the 2008 financial crisis. Cecilia Rouse, who chairs the Council of Economic Advisers, expressed confidence in…

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