Mace doesn’t support a bailout for Silicon Valley Bank

Silicon Valley Bank collapse: What is a bailout and Bank Funding Term Program?

Ever since SVB was shut by the FDIC, there have been loud calls for a bailout to save the bank. However, US treasury secretary Janet Yellen said the government was not considering this option due to the reforms made after the 2008 financial crisis.

Yellen: No federal bailout for collapsed Silicon Valley Bank

Treasury Secretary Janet Yellen says the federal government won't bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.

U.S. Treasury says Silicon Valley Bank, Signature Bank ‘not being bailed out’

New policies adopted on Sunday by U.S. banking regulators will "wipe out" equity and bondholders in Silicon Valley Bank and Signature Bank of New York...

U.S. Treasury says Silicon Valley Bank, Signature Bank 'not being bailed out'

New policies adopted on Sunday by U.S. banking regulators will "wipe out" equity and bondholders in Silicon Valley Bank and Signature Bank of New York while protecting all customer deposits, a senior U.S. Treasury official said.

Yellen says no federal bailout for Silicon Valley Bank

Treasury Secretary Janet Yellen says the federal government won't bail out Silicon Valley Bank, but is working to help depositors who are concerned about their money.

No bailout for failed Silicon Valley Bank, says Treasury Secretary Janet Yellen

She pointed Sunday to rising interest rates, being used to fight inflation, as the problem for the bank because many of its assets lost market value as rates rose.