How Washington came to rescue US banks
A pedestrian carries an umbrella while walking past a Silicon Valley Bank Private branch in San Francisco, Tuesday, March 14, 2023. After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step guaranteeing all the deposits of the failed Silicon Valley Banks, even those exceeding the FDIC's $250,000 limit. (Jeff Chiu/AP)
LISA MASCARO, CHRIS MEGERIAN and PAUL WISEMAN, Associated Press
Originally Published: March 15, 2023 12:42 p.m.
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