US Backstops Bank Deposits to Avert Crisis After SVB Collapse: What's Next?

The video discusses the fallout from the collapse of Silicon Valley Bank, highlighting the joint efforts of the Fed, FDIC, and US Treasury to protect deposits and maintain market confidence. It covers the closure of Signature Bank and the introduction of new emergency lending facilities by the Fed. The video also addresses potential systemic risks and other banks facing similar situations. President Biden's commitment to holding those accountable for the crisis is emphasized.

What are the implications of the FDIC's usual threshold for insurance in relation to the recent bank closures?

What does the term 'systemic risk' refer to in the context of the banking sector?