News Forged by 2008 financial meltdown, Biden faces new test with failures at SVB, Signature Bank March 24, 2023March 24, 2023 Maureen Groppe and Michael Collins, USA TODAY Comments Off on Forged by 2008 financial meltdown, Biden faces new test with failures at SVB, Signature Bank The White House says President Biden took "decisive and forceful actions" to keep bank failures from spreading but he's not out of the woods yet.