US regulators say SVB customers will be made whole as second bank fails
Snippet of Article: "an extraordinary action to restore confidence in America’s banking system, the Biden administration on Sunday guaranteed that customers of the failed Silicon Valley Bank will have access to all their money starting Monday. ...By guaranteeing all deposits – even the uninsured money that customers kept with the failed banks –...The Fed will also make additional funding available for eligible financial institutions to prevent runs on similar banks in the future. "
Source: CNN
