Banking Industry
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Default
economic stability
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First Republic Bank
Janet Yellen
Joe Biden
JPMorgan Chase
National Debt
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president joe biden
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Ruslan Lienkha
U.S. President Joe Biden
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Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the…