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Federal Regulators Intervene to Avert Financial Crisis
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24:41 - 26:58 (02:16)

Federal regulators have approved an intervention into the banking industry to avoid a financial crisis after the government shut down two regional banks, Silicon Valley Bank and Signature Bank. The government intervention ensures that everyone with money in these banks will be paid back in full, even if their deposits exceeded the $250,000 ordinarily insured by the government.

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