Bank stocks are continuing to plunge amid SVB fallout and Biden declaring investors won't be protected

Bank stocks are continuing to plunge amid SVB fallout and Biden declaring investors won't be protected

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President Joe Biden. AP Photo/Andrew Harnik Regional banks stocks sank in the wake of the failures of Silicon Valley Bank and Signature Bank. Regulators are shielding depositors from losses, but bank shareholders won't be protected, President Biden said. Investors "knowingly took a risk and when…

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