CNN The Lead With Jake Tapper July 6, 2024
silicon valley bank collapsed on friday, and the government of the state of new york shut down signature bank last night, claiming signature was on the verge of collapse. the federal government has since taken over that bank. president biden rushed out to the cameras this morning before the markets could open to try to calm the american people. he insisted there's no need for the public to worry, that their money is safe and the economy will not suffer. >> america can have confidence that the banking system is safe. your deposits will be there when you need them. every american shoul...