Silicon Valley Bank Collapse | "Americans Can Have Confidence the Banking System Is Safe. Your Deposits Will Be There." - President Joe Biden (Speaking 3/13/23 - Commenting On Silicon Valley Bank, Signature Bank & First Republic Bank)
FACT: First Republic was the 14th-largest commercial bank in the U.S. at the end of 2022, according to the Fed, while Silicon Valley Bank and Signature Bank were the 16th and 19th-biggest, respectively: