White House Monitoring Silvergate Reports, Jean-Pierre Says

March 6, 2023, 7:19 PM UTC

Press Secretary Karine Jean-Pierre says the White House is aware of the situation with Silvergate Capital Corp. and monitoring the reports.

  • “I won’t comment on Silvergate specifically but it is obviously only the latest company in the cryptocurrency field to experience significant issues,” Jean-Pierre says at briefing
  • NOTE: Silvergate Downgrades Pile Up as Firm Shutters Payments Network

To contact the reporter on this story:
Josh Wingrove in Washington at jwingrove4@bloomberg.net

To contact the editors responsible for this story:
Divya Balji at dbalji1@bloomberg.net

Lauren Dezenski

© 2023 Bloomberg L.P. All rights reserved. Used with permission.

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