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Janet Yellen Says Banking System Is Healthy After SVB Collapse
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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 and took lawmakers’ questions about the steps the federal government took over the weekend to guarantee all deposits at Silicon Valley Bank and Signature Bank.
Read more on wsj.comAbout this in other media
Fitch says banks in Asia are resilient to risks seen in U.S. bank failures cnbc.com /3 days ago
SVB collapse chilled NFT trading volumes: DappRadar cointelegraph.com /3 days ago
Janet Yellen Says Banking System Is Healthy After SVB Collapse wsj.com /3 days ago
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