US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank – Featured Bitcoin News

US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank – Featured Bitcoin News

March 12, 2023 by secret
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[ad_1] U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed at preventing the need for government bailouts. Government Not Considering a Bailout for