Joe Biden Insisted That the Banking System Was Safe
| Claim: | Joe Biden Insisted That the Banking System Was Safe |
|---|---|
| Rating: |
True
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| Finding: | "Americans can have confidence that the banking system is safe. Your deposits will be there when you need them." |
|
COMPLETE REDPILL(true) |
1Joe Biden insisted that the banking system was safe
Verdict: True.
In response to Silicon Valley Bank and Signature Bank failing (being unable to meet depositor withdrawal demands). Joe Biden made an announcement during a White House press briefing that:
Americans can have confidence that the banking system is safe. Your deposits will be there when you need them.
A video embed of the speech is below.
Clip of Joe Biden at a White House press briefing saying the banking system is safe after Silicon Valley Bank and Signature Bank were failing.
In plain language:
Yes. Joe Biden insisted that the banking system was safe.
Links to Evidence
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COMPLETE REDPILL(true) |
