Republicans call Biden's refusal to answer media inquiries about the bank collapse "cowardice."

 In details 

* After reading out his statement on the failure of two big US banks over the weekend on Monday, conservatives and opponents of US President Joe Biden slammed him for ignoring the reporters' questions and leaving.

* The President spoke about the unexpected failure of Silicon Valley Bank (SVB) in California and Signature Bank in New York on Friday, but he departed the news conference after five minutes, oblivious to queries from reporters.

* What do you now know about why this happened, a reporter enquired? Can you guarantee Americans that a ripple effect won't occur?

* Do you anticipate additional banks failing? a another reporter interjected.

* Biden, though, abruptly ended the press conference without responding to the query.