• Loading stock data...
Economy World

Biden speaks with California governor about Silicon Valley Bank – White House

 U.S. President Joe Biden spoke with California Governor Gavin Newsom on Saturday about the Silicon Valley Bank failure and efforts to address the situation, the White House said after the bank’s collapse.

A White House statement said Biden discussed with Newsom an emergency declaration he issued on Friday to ensure California has the full support of the federal government as it responds to the impacts of severe winter weather, including flooding, landslides and mudslides.

Advertisement · Scroll to continue

“The President and the Governor also spoke about Silicon Valley Bank and efforts to address the situation,” the statement said without elaborating.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

GLOBAL BUSINESS AND FINANCE MAGAZINE

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

World

Openness to trade and regional growth: Evidence from Italy during the First Globalisation

The economic, social, and political consequences of globalisation have been a hot topic in the public debate over the last
Economy

Monetary policy, inflation, and crises: New evidence from history and administrative data

With year-on-year inflation rates reaching 10% in 2022, central banks in Europe and the US have been raising interest rates