Biden White House says the banking system is safe (NOW I'm worried)

Last year Treasury Secretary Janet Yellen tried to walk back her previous promise that inflation would be “transitory”:

Being wrong all the time must be a requirement for a job in the Biden administration.

Now these same people are trying to make us all feel better by claiming that the banking system is safe:

White House has said that the US banking system is safe.

— unusual_whales (@unusual_whales) April 10, 2023

In other words, the banking system is on shaky ground.

So now we know it’s not

— Josh "Common Sense” Barnett-former AZ-01 Candidate (@BarnettforAZ) April 10, 2023

This is from the same bunch that also tells us the border is secure.

CNBC’s @jimcramer agreed with the White House’s claim that the US banking system is safe. Don’t panic. https://t.co/NgAlg57uTU

— @amuse (@amuse) April 10, 2023

GAAHHHH!

Everything is fine.. pic.twitter.com/AzDJ8p9INW

— Bimi (@bimitrade) April 10, 2023

If they have to reassure us that it is safe after every weekend before markets open, then it may really be not so safe.

— arun (@_i_am__AI) April 10, 2023

Kiss of death https://t.co/r2A7HEqbYT

— Tiger Patriot (@PatriotBlazer) April 10, 2023

Could Biden, Yellen and others in this administration please tell us all that the banking system is teetering on the brink of collapse so we can believe that it’s on solid ground?

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Related:

Jim Geraghty explores why Barney Frank (R) would ‘be the media’s banking-crisis villain’ right now

Janet Yellen admits Inflation Reduction Act, ‘at its core,’ isn’t about reducing inflation at all

Janet Yellen’s doing a great job of explaining why the country is NOT in the best of hands

Surely Gavin Newsom’s gratitude for SVB bailout isn’t related to his close financial ties to bank