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Chicago Sun-Times
Chicago Sun-Times
National
Associated Press

‘Your deposits will be there when you need them,’ president says

President Joe Biden speaks about the banking system in the Roosevelt Room of the White House. (AP)

NEW YORK — President Joe Biden on Monday told Americans the nation’s financial systems were safe, seeking to project calm following the swift and stunning collapse of two banks that prompted fears of a broader upheaval.

“Your deposits will be there when you need them,” he said.

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