Money Is it a bank bailout? On SVB, White House fights comparisons to 2008 as Biden confronts bank crisis March 15, 2023March 16, 2023 Joey Garrison, USA TODAY Comments Off on Is it a bank bailout? On SVB, White House fights comparisons to 2008 as Biden confronts bank crisis The White House is rejecting the word "bailout" to describe Biden's decision to rescue depositors at Silicon Valley Bank and Signature Bank.