Reported by: The Gateway Pundit. The Federal Deposit Insurance Corp. (FDIC) and Federal Reserve are discussing creating a fund to backstop deposits if more banks fail following the collapse of Silicon Valley Bank. Silicon Valley Bank was shut down by regulators on Friday in the biggest bank failure since the 2008 liquidity crisis. Silicon Valley … Continue reading HERE WE GO: FDIC and Federal Reserve Discuss Creating Fund to Backstop Deposits if More Banks Collapse