Mar 13, 2023 | Politics

Collapsed Bank Closed Trump’s Accounts and Called For Resignation Amid J6 Fallout

Collapsed Bank Closed Trump's Accounts and Called For Resignation Amid J6 Fallout

Amid the SVB collapse, regulators closed New York-based Signature Bank.

Second Failure: Signature Bank Has Collapsed!

Read the full press release:

Superintendent Adrienne A. Harris announced today that the New York Department of Financial Services (DFS) has taken possession of Signature Bank, pursuant to Section 606 of New York Banking Law, in order to protect depositors. DFS appointed the Federal Deposit Insurance Corporation (FDIC) as receiver of the bank.

Signature Bank is a New York state-chartered commercial bank and is FDIC-insured,…

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