By The FirstPresident Biden refused to answer questions from reporters just days after the biggest bank collapse in 15 years.
“During the Obama-Biden administration, we put into place tough requirements on banks, like Silicon Valley Bank and Signature Bank, including the Dodd-Frank law, to make sure the crisis we saw in 2008 would not happen again,” Biden said Monday morning.
“I am going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely this bank failure will happen again,” added the President.
