The sudden collapse of Silicon Valley Bank (SVB) left the tech sector in turmoil. After the company announced its need for a sudden $2.25 billion cash injection on Wednesday, depositors scrambled to withdraw an estimated $42 billion from the failing bank – the second largest bank failure in history.

Treasury Secretary Janet Yellen was quick to make her position clear, telling CBS’s “Face the Nation” that the United States government would not be offering a bailout to SVB. The reforms in place, Yellen explained, would not permit such an act, though she expressed concern for the bank’s many depositors.

The Federal Deposit Insurance Corporation (FDIC) has said it will cover up to $250,000 of each depositor’s savings, and is hopeful that payments could begin as early as Monday. Regulators are also considering a range of