Yellen Says U.S. Won't Bail Out SVB

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Treasury Secretary Janet Yellen says the U.S. government won't be bailing out Silicon Valley Bank.

Yellen told CBS Face The Nation "we're not going to do that again" - though regulators are still working through possible solutions.

Yellen says the federal government is most concerned with taking care of depositors - many of whom might not be able to recover all of their money.

Silicon Valley Bank was one of the largest tech lenders in the U.S. It collapsed last week after depositors withdrew more than $42 million in a single day.

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