Treasury’s Yellen: U.S. banking system ‘remains sound’
In the wake of regulators’ decision to shut down two imperiled lenders to stem bank runs, Treasury Secretary Janet Yellen sought to reassure members of Congress that the U.S. financial system remains strong. In prepared remarks before the Senate Finance Committee about President Joe Biden’s fiscal…
#treasury #janetyellen #siliconvalleybank #socialsecurity #medicare #federalreserves #yellen #swissnationalbank #firstrepublic