Billionaire investor Warren Buffett reportedly engaged in talks with top members of the Biden administration as turmoil engulfed the US banking system.
The Berkshire Hathaway chairman has had “multiple conversations” with President Biden’s team over the last week, Bloomberg reported on Saturday, citing people familiar with the matter.
During the calls, Buffett and administration officials purportedly discussed the possibility of the billionaire helping to stabilize the situation by potentially investing in the regional banking system.
Regional banks faced a run from worried depositors after the collapse of Silicon Valley Bank and Signature Bank of New York.
Read more at https://nypost.com/2023/03/20/warren-buffett-in-talks-with-wh-over-banking-crisis-report/
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