Biden assures that all depositors from First Republic Bank will be protected
01:07
Share this -
copied
Following the third bank failure this year, President Joe Biden assured small business owners that the U.S. banking system is "safe and sound" after First Republic Bank was seized by the FDIC and sold to JPMorgan.May 1, 2023
UP NEXT
15 Kennedy family members endorse Biden for president
01:32
President Biden campaigns in North Philadelphia in ‘effort to make a connection’ with voters
03:13
Biden calls for much higher tariffs on Chinese steel and aluminum imports
01:40
Fetterman says he disagrees with Biden on Israel but backs his 2024 campaign
07:09
White House tries to prevent a wider war in the Mideast
02:01
Biden discusses Iran's 'unprecedented' aerial attack on Israel