(Reporting By Andrea Shalal and Jarrett Renshaw; Editing by Leslie Adler)
OTTAWA, March 24 (Reuters) - President Joe Biden said on
Friday that federal deposit insurance could be tapped for
deposits above $250,000 if other U.S. banks fail.
Biden said U.S. banks are in "pretty" good shape and said he
doesn't see an industry ready to explode.
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