The SVB and Signature Bank Crashes Show Why We Need Public Banking
Briefly

A view of Silicon Valley Bank headquarters in Santa Clara, California, after the federal government intervened upon the bank's collapse, on March 13, 2023.Nikolas Liepins / Anadolu Agency / Getty Images The recent collapse of Silicon Valley Bank (SVB) and Signature Bank - the second and third largest bank failures in U.S. history respectively - has laid bare the vulnerability of the private banking sector.
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