© Reuters. FILE PHOTO: Warren Buffett, Chairman, CEO and largest shareholder of Berkshire Hathaway participates in interviews before a fundraising luncheon for the non-profit Glide Foundation in New York September 8, 2015. REUTERS/Lucas Jackson/File Photo
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WILMINGTON, Del. (Reuters) – Warren Buffett of Berkshire Hathaway (NYSE:) Inc. has been in talks with senior Biden administration officials about the banking crisis, a source familiar with the matter told Reuters on Saturday.
The White House and the US Treasury declined to comment. Bloomberg News previously reported that Buffett had been in contact with administration officials in recent days about the regional banking crisis, Bloomberg News reported Saturday.
The source declined to elaborate on the discussions.
The collapse of Silicon Valley Bank and signature bank (NASDAQ:) This month has shaken confidence in the banking system and prompted a sell-off in bank shares.