FDIC press release:
FDIC Creates a Deposit Insurance National Bank of Santa Clara to Protect Insured Depositors of Silicon Valley Bank, Santa Clara, California
March 10, 2023
https://www.fdic.gov/news/press-releases/2023/pr23016.html
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USA Today today:
Forged by 2008 financial meltdown, Biden faces new test with failures at SVB, Signature Bank
March 24, 2023
https://www.usatoday.com/story/news/politics/2023/03/24/svb-signature-bank-failures-test-bidens-leadership/11493003002/
Biden’s handling of the economy has been his biggest test as president and is what he’ll be judged on most if he runs for reelection as expected.
A new poll illustrates what he’s up against. Less than one-third of the public approve of Biden’s handling of the economy, according to an Associated Press-NORC Center for Public Affairs Research poll released Thursday that showed his overall approval rating close to the lowest point of his presidency. Even among Democrats, there’s a 13-percentage-point gap in how Biden is viewed overall versus his economic stewardship.
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