Janet Yellen assures Congress of soundness of US banking system despite recent failures.
TL;DR
US Treasury Secretary Janet Yellen is expected to reassure the public that the country's banking system "remains sound" despite recent bank failures. Yellen is set to testify before the Senate Banking Committee on Tuesday, where she will likely face questions about the state of the banking industry. Despite the recent failures of small banks, Yellen is expected to emphasize the overall strength and stability of the US banking system.
- Janet Yellen to say US banking system 'remains sound' despite bank failures Financial Times
- Treasury Secretary Yellen to tell Congress 'our banking system remains sound' Yahoo Finance
- Yellen Says U.S. Banking System ‘Remains Sound’ Amid Market Turmoil The New York Times
- Yellen to tell Congress US banking system 'remains sound' WKRC TV Cincinnati
- Yellen to tell Congress banking system "remains sound," days after 2 banks collapse CBS News
- View Full Coverage on Google News
Want the full story? Read the original reporting
Read on Financial Times