The Biden administration has announced that customers of Silicon Valley Bank will have full access to their deposits, an extraordinary move by federal officials to backstop billions of dollars in uninsured money. In remarks Monday morning, the president indicated he was confident in the banking system after a few high-profile bank closures last week.

This episode: White House correspondent Tamara Keith, national political correspondent Mara Liasson, and chief economics correspondent Scott Horsley.

The podcast is produced by Elena Moore and Casey Morell. It is edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Research and fact-checking by Devin Speak.

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Biden: Government To Ensure Customers Can Withdraw Money

The NPR Politics Podcast

Biden: Government To Ensure Customers Can Withdraw Money