Today news
About the same in other media
Janet Yellen Says Banking System Is Healthy After SVB Collapse
Reading now: 434
WASHINGTON—Treasury Secretary Janet Yellen told lawmakers that the U.S. banking system remained in good health after the collapse of two midsize banks, saying that bank regulators’ depositor-rescue plan had stemmed fallout from the panic.
Ms. Yellen appeared Thursday before the Senate Finance Committee to take lawmakers’ questions about the steps the federal government took over the weekend to guarantee all deposits at Silicon Valley Bank and Signature Bank. She was also expected to discuss President Biden’s $6.9 trillion budget proposal.
Read more on wsj.comAbout this in other media
Watch Treasury Secretary Janet Yellen speak live to banking conference cnbc.com /1 year ago
Yellen to Say U.S. Could Move to Protect Deposits at Other Banks wsj.com /1 year ago
Yellen defends government intervention to avoid another SVB cointelegraph.com /1 year ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
