The Department of Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC) have released a joint statement reassuring customers of the safety of their funds in the aftermath of the Silicon Valley Bank (SIVB) collapse. The group emphasized it will ensure that the taxpayer will bear no losses over the bank’s failure. According The post U.S. Regulators Reassure SIVB Depositors Over Safety of Funds appeared first on Coin Edition .
