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Fed to the rescue: Launches new lending program for banks with Treasury-backed collateral. Guarantees all deposits at SVB and Signature Bank. Aims to prevent contagion and restore confidence. #Fed #SVB #banking #crisis

Fed to the rescue: Launches new lending program for banks with Treasury-backed collateral. Guarantees all deposits at SVB and Signature Bank. Aims to prevent contagion and restore confidence. #Fed #SVB #banking #crisis

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