Warren Buffett says American banking companies could experience extra turbulence ahead, but deposits are harmless

Vital Points

Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for perplexing the public about the basic safety of U.S. financial institutions and said that ailments could worsen.
Buffett, when requested about the modern tumult that led to the collapse of 3 mid-sized institutions because March, released into a lengthy diatribe about the situation.
“We want to be there if the banking procedure briefly will get stalled in some way,” he claimed. “It should not, I don’t assume it will, but it could.”

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