Yellen tells Congress US banking system ‘remains sound’ (access required)

By: The Associated Press March 16, 2023 Comments Off

WASHINGTON — 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. Yellen is the first Biden administration official to face lawmakers over the decision to protect uninsured money at ...

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Yellen tells Congress US banking system ‘remains sound’

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