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Banking Crisis: Buffett Advises Biden’s Team, Possible Investment in Reg. Banks

Warren Buffett has reportedly been in talks with officials in President Joe Biden’s administration regarding a possible investment in the US regional banking sector amidst the ongoing crisis. The billionaire investor has a history of aiding banks in crisis and has given advice and guidance on the matter. The talks have centered around finding ways to stem the crisis without resorting to direct bailouts from taxpayers. Representatives for Berkshire Hathaway and the White House have yet to comment.
United States Finance 19-Mar-2023 Bailouts Investment Banking Crisis US Regional Banks Biden Administration Warren Buffett