No federal bailout for Silicon Valley Bank’s investors following shutdown: Yellen

U.S. Treasury Secretary Janet Yellen appeared on CBS’ “Face the Nation” on Sunday, where she said that the federal government will not provide a bailout for Silicon Valley Bank’s investors after the bank was abruptly shuttered. However, she said financial regulators are “concerned” about the impact on depositors and are working to address their needs.

• Silicon Valley Bank clients will be protected, U.S. government bodies vow