WILMINGTON, Delaware, March 18 (Reuters) – Warren Buffett of Berkshire Hathaway Inc (BRKa.N) has been in talks with senior Biden administration officials about the banking crisis, a source close to Reuters told Reuters on Saturday. folder.
The White House and the US Treasury declined to comment. Bloomberg News earlier reported that Buffett had been in contact with administration officials in recent days about the regional banking crisis, Bloomberg News reported on Saturday.
The source declined to give details of the talks.
The collapse of Silicon Valley Bank and Signature Bank this month shook confidence in the banking system and sparked a sell-off in bank stocks.
Reporting by Nandita Bose in Wilmington, Delaware; additional reporting by David Shepardson in Washington, Urvi Dugar in Bengaluru, editing by Deepa Babington Editing by Nick Zieminski
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