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The heads of three federal agencies said Silicon Valley Bank customers would be fully protected after the lender's failure, adding that taxpayers would not bear the costs.

United statesJanet yellenChristopher rugaberChris megerianSanta claraSheila bairJanetl yellenFirst republic bankSilicon valley bankSignature bankWashington mutualTimes all silicon valley bankFederal reservePacwest bankTreasury departmentAll silicon valley bank