Treasury Secretary Janet Yellen to Congress: Banking system 'remains sound'
Headline from UPI
Treasury Secretary Janet Yellen expressed confidence in the nation's banking system Thursday during a budget hearing before the Senate Finance Committee following last week's collapse of two U.S. banks.
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Treasury Secretary Janet Yellen told lawmakers Thursday that the nation’s banking system “remains sound” and that Americans shouldn’t worry about their deposits, a week after the second-largest bank collapse in U.S. history.
Treasury Secretary Janet Yellen expressed confidence in the nation's banking system Thursday during a budget hearing before the Senate Finance Committee following last week's collapse of two U.S. banks.
Treasury Secretary Janet Yellen Yellen testified before the Senate Finance Committee on Thursday, a week after the second-largest bank collapse in U.S. history.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation’s banking system “remains sound” and Americans “can feel confident” about their deposits.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen told the Senate Finance Committee on Thursday that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen told the Senate Finance Committee on Thursday that the nation's banking system “remains sound” and Americans "can feel confident” about their deposits.
In the wake of regulators’ decisions to shut down two banks, Treasury Secretary Janet Yellen sought to reassure members of Congress about the state of America’s financial system.
A week after the second-largest bank collapse in U.S. history, Treasury Secretary Janet Yellen is set to tell the Senate Finance Committee that the nation’s banking system “remains sound” and Americans “can feel confident” about their deposits.
In less than a week, Silicon Valley Bank, based in Santa Clara, California, failed after depositors rushed to withdraw money amid anxiety over the bank’s health.
Treasury Secretary Janet Yellen testified before Congress for the first time since Silicon Valley Bank failed and defended the administration’s action to prevent a broader financial crisis.
The U.S. banking system “remains sound” and Americans can feel “confident” about their deposits Treasury Secretary Janet Yellen will tell the Senate Finance Committee.
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Treasury Secretary Janet Yellen to Congress: Banking system 'remains sound' | Since Then