United States Treasury Departm
Recent News About United States Treasury Departm
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Treasury, Federal Reserve, FDIC: 'We are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system'
In a joint statement, Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell and FDIC Chairman Martin Gruenberg said the Federal Deposit Insurance Corporation (FDIC) is going to ensure that all Silicon Valley Bank depositors are made whole after the bank collapsed on March 10 in the second-largest bank failure in U.S. history.