Watch Live: Biden To Deliver Remarks On Economy In Wake Of SVB Collapse

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Watch Live: Biden To Deliver Remarks On Economy In Wake Of SVB Collapse

President Joe Biden delivers remarks on recent unidentified aerial objects, Thursday, February 16, 2023, in the South Court Auditorium of the Eisenho

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President Joe Biden SVB
President Joe Biden delivers remarks on recent unidentified aerial objects, Thursday, February 16, 2023, in the South Court Auditorium of the Eisenhower Executive Office Building at the White House. (Official White House Photo by Adam Schultz)

President Biden is expected to deliver remarks Monday morning regarding the federal government’s efforts to respond to the collapse of Silicon Valley Bank (SVB) and limit the fallout from its abrupt failure.

The White House said Biden’s remarks will focus on “maintaining a resilient banking system and protecting our historic economic recovery.”

He is set to speak at the White House before traveling to San Diego, California, for meetings with Australian Prime Minister Anthony Albanese and British Prime Minister Rishi Sunak.

In the news: Feds Move To Stop Potential Banking Disaster, Guarantee SVB Deposits Above The Insured $250K

The briefing is scheduled to start at 9 am but can be delayed:



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