The Oracle of Omaha has been in touch with Biden administration officials to lend his assistance during the current banking crisis.
Billionaire investor Warren Buffett has had multiple conversations with President Biden’s team in recent days, according to Bloomberg.
The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire
Buffett has reportedly given advice and guidance about the crisis.
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Berkshire Hathaway’s chief has a long history of stepping in to aid banks in crisis.
Among the companies Buffett has helped in the post are Bank of America and Goldman Sachs.
Buffett gave Bank of America a cash injection in 2011 after its stock plunged amid losses tied to subprime mortgages.
In 2008, Buffett gave Goldman a $5 billion lifeline to shore up the bank following Lehman Brothers’ collapse.
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FOX Business has reached out to Berkshire Hathaway for …