Biden says First Republic depositors protected, calls for stronger bank regulation

President Biden Says First Republic Bank Depositors Are Being Protected

President Biden speaks briefly about the forced sale of First Republic Bank, saying that depositors are being protected but that shareholders are losing their investments. He also calls on Congress to give regulators the tools to hold banking executives accountable and he calls on regulators to strengthen supervision of large and regional banks

Biden says banking system is ‘safe and sound’ despite First Republic collapse – live

President praises takeover by JP Morgan after California bank fails – follow all the day’s politics news

Biden says First Republic depositors protected, calls for stronger bank regulation

WASHINGTON (Reuters) - U.S. President Joe Biden on Monday hailed moves by U.S. regulators to facilitate the sale of First Republic Bank, protect all ...

Biden says First Republic depositors protected, calls for stronger bank regulation By Reuters

Biden says First Republic depositors protected, calls for stronger bank regulation

Biden on First Republic Bank: 'Depositors are being protected'

Biden says banking system is ‘safe and sound’ after regulators seize First Republic

President Biden sought to assure Americans on Monday that the banking system is "safe and sound" after regulators seized San Francisco-based First Republic Bank and sold all of its deposits and the bulk of its assets to JPMorgan Chase.