Yellen Says U.S. Banking System Is ‘Stabilizing’

Yellen Says U.S. Banking System Is ‘Stabilizing’

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WASHINGTON — Treasury Secretary Janet L. Yellen expressed confidence in the nation’s banks on Tuesday and said she was committed to keeping them sound, seeking to calm nerves as the U.S. financial system faces its worst turmoil in more than a decade. “The situation is stabilizing,” Ms. Yellen said…

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