Ask the Expert: What happens next after a big bank failure?

Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023, in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation.
Employees stand outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023, in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation. Photo credit Justin Sullivan/Getty Images

There are so many questions about what happened with the Silicon Valley Bank failure. It left many people wondering if it is the start of something much bigger with banks in the United States.

President Joe Biden said Monday that everything is OK in the banking system, and the government would give loans to other struggling banks to stop any more failures.

Dr. Victor Valcarcel, an associate professor of economics at the University of Texas at Dallas joined Ask the Expert on Monday to explain.

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Featured Image Photo Credit: Justin Sullivan/Getty Images