CNN CNN Newsroom With Jim Acosta July 6, 2024
right up federal regulators are scrabbling to prevent a sudden bank failure from triggering a wider financial meltdown. cnn has learned the fdic has prepared to step it and operate silicon valley bank to ensure its account holders can pay their employees in the wake of friday's sudden collapse of that banker that's according to a source with details on briefings between treasury officials and lawmakers for us just one sinner being floated at this hour with just hours left until financial markets reopen for monday trading for less tara spoke with a woman who used to silicon valley ban...