Biden speaks with California governor about Silicon Valley Bank: White House
US President Joe Biden eats a cherry as he tours King Orchards with Michigan Governor Gretchen Whitmer in Central Lake, Michigan, US, on July 3, 2021.
PHOTO: Reuters file
PUBLISHED ONMarch 12, 2023 3:23 AM
WASHINGTON — US President Joe Biden spoke with California Governor Gavin Newsom on Saturday (March 11) about the Silicon Valley Bank failure and efforts to address the situation, the White House said after the bank's collapse.
A White House statement said Biden discussed with Newsom an emergency declaration he issued on Friday to ensure California has the full support of the federal government as it responds to the impacts of severe winter weather, including flooding, landslides and mudslides.
"The President and the Governor also spoke about Silicon Valley Bank and efforts to address the situation," the statement said without elaborating.
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