Larry Williams Drive

President Joe Biden aims to reassure customers that the US banking system is safe after Silicon Valley Bank collapsed. Joe Biden said that Silicon Valley Bank customers were protected by the Deposit Insurance Fund, but investors would get the same guarantee. US correspondent Dan Mitchinson says that investors have been very concerned about the state of SVB and withdrew $42 billion dollars, or a quarter of the bank's profits. LISTEN ABOVESee omnystudio.com/listener for privacy information.