Janet Yellen's Handling of US Bank Crisis Raises Concerns at White House

1 min read
Source: New York Post
Janet Yellen's Handling of US Bank Crisis Raises Concerns at White House
Photo: New York Post
TL;DR Summary

Janet Yellen, the US Treasury Secretary, is facing criticism from the White House over her handling of the ongoing banking crisis, with some calling for her to be replaced. Yellen's response to the crisis has been criticised for being slow and inconsistent, with concerns over the potential collapse of large regional banks and the systemic risk posed by Deutsche Bank. Yellen has called an emergency meeting of top bank regulators to discuss the crisis, but some believe it may be too little, too late.

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