President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

President Biden Calls for Stronger Bank Regulations in Wake of SVB, Signature Bank Collapses

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U.S. President Joe Biden said he would call on Congress and bank regulators to strengthen rules for financial institutions in the wake of the Silicon Valley Bank (SVB) and Signature Bank collapses over the past week. In remarks from the White House on Monday, Biden said the 2010 Dodd-Frank Act…

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