Restore confidence in the American banking system at all costs and avoid new bankruptcies.
Such is the delicate mission of the authorities in Washington.
Two weeks after the closure of three regional banks, Janet Yellen, Joe Biden's Treasury Secretary, said she was ready on Tuesday to extend the exceptional support measures put in place in recent weeks to all small establishments,
"if necessary".
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As a reminder, just two weeks ago, waves of massive withdrawals of money by customers caused the liquidation of Silvergate Bank, a small regional bank that had become the favorite destination of the cryptocurrency community, then that of Silicon Valley Bank. (SVB), of which the Deposit Guarantee Agency (FIDC) took control
.
In the process, Signature Bank, the 21st bank in the country, was automatically closed.
Read alsoDavid Cayla: “Will the fall of Silicon Valley Bank cause a collapse of the financial system?”
To reassure individuals and businesses about the solidity of the American banking system and prevent the crisis from causing a stain...
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