{"id":380076,"date":"2023-03-13T22:00:39","date_gmt":"2023-03-13T22:00:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=380076"},"modified":"2023-03-13T20:49:21","modified_gmt":"2023-03-13T20:49:21","slug":"no-government-bailout-for-silicon-valley-bank-says-yellen","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/no-government-bailout-for-silicon-valley-bank-says-yellen","title":{"rendered":"No Government Bailout For Silicon Valley Bank, Says Yellen"},"content":{"rendered":"
Janet Yellen, the U.S. Treasury Secretary, has confirmed that the Silicon Valley Bank (SVB) will receive help from the government. However, she has ruled out a bailout for the failed bank in response to calls for such action.<\/span><\/p>\n Yellen has reassured depositors she is working alongside other financial regulators to ensure their protection. She emphasized that there are no plans for a significant government bailout.<\/span><\/p>\n