U.S. response to 2023 Silicon Valley Bank collapse

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf gptkb:government
gptkbp:announced gptkb:Federal_Deposit_Insurance_Corporation
gptkb:Federal_Reserve
gptkb:U.S._Department_of_the_Treasury
gptkbp:date March 2023
https://www.w3.org/2000/01/rdf-schema#label U.S. response to 2023 Silicon Valley Bank collapse
gptkbp:includedAction gptkb:closed_Signature_Bank
created Bank Term Funding Program
did not bail out shareholders or management
ensured no losses borne by taxpayers
guaranteed all SVB deposits
guaranteed all Signature Bank deposits
protected uninsured depositors
reassured public about banking system stability
gptkbp:relatedTo gptkb:Signature_Bank
gptkb:2023_banking_crisis
gptkb:First_Republic_Bank
gptkbp:triggeredBy gptkb:2023_Silicon_Valley_Bank_collapse
gptkbp:bfsParent gptkb:Presidency_of_Joe_Biden
gptkbp:bfsLayer 7