U.S. Treasury Secretary Janet Yellen said that any bank failure would be a "clear concern" and that the current U.S. banking system is safe, well-capitalized and resilient. Regulators are developing policies to address the Silicon Valley Bank incident and are working to resolve current issues "in a timely manner," but are unable to provide more details to ensure that problems at one bank do not affect other banks. However, Yellen said that past bailouts of banks would not be repeated. The problems facing the technology industry are not the "core" of the Silicon Valley Bank's collapse, and depositors do not have to worry about not being able to use their assets. The U.S. Federal Deposit Insurance Corporation (FDIC) worked overtime over the weekend to develop a solution for Silicon Valley Bank and is considering a range of options for Silicon Valley Bank, including acquisitions. (Jinshi)