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May 21, 2025
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Treasury Secretary Janet Yellen instructed the FDIC to guarantee Silicon Valley Bank customers will have access to all of their money starting Monday

Treasury Secretary Janet Yellen instructed the FDIC to guarantee Silicon Valley Bank customers will have access to all of their money starting Monday
American regulators are working through the weekend on an extraordinary plan to make Silicon Valley Bank customers whole after the financial institutions’ stunning and rapid collapse late last week, according to Reuters.

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