President Joe Biden on Monday vowed to enact guidelines to stop banks from collapsing after inflation, fueled by the Biden administration’s vitality insurance policies, precipitated elevated rates of interest meant to tamp down Biden’s hovering worth hikes.

Someday after taking credit score for inventing a brand new mechanism meant to present liquidity “to assist guarantee banks have the power to satisfy the wants of all their depositors,” Biden promised new guidelines to stop the financial institution failures.

“I’ll ask…

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