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Warren Buffett talks banking crisis with Biden team
This is a crisis of faith, not a crisis of banking: Keith Fitz-Gerald
Fitz-Gerald Group principal Keith Fitz-Gerald says the bank coalition is not keeping the market afloat because many big traders believe there will be a bailout after the Dow responded negatively to collapses of Signature Bank and SVB.
The Oracle of Omaha has been in touch with Biden administration officials to lend his assistance during the current banking crisis.
Billionaire investor Warren Buffett has had multiple conversations with President Biden's team in recent days, according to Bloomberg.
The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire
Buffett has reportedly given advice and guidance about the crisis.
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