Joe Biden will speak on Monday to reassure Americans about the banking system

US President Joe Biden has said he will speak Monday morning to reassure Americans regarding the banking system, following the bankruptcy of Silicon Valley Bank and Signature Bank.

• Read also: The Canadian branch of Silicon Valley Bank under Ottawa control

• Read also: Failure of Silicon Valley Bank in the United States

“I will comment on how we will maintain a resilient banking system to protect our historic economic recovery,” he said in a White House statement late Sunday.

More details to come.

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