Yellen calls for tighter financial regulations in the US.
TL;DR
Treasury Secretary Janet Yellen stated that the Trump administration "decimated" the capacity of the US government to respond to and prop up failing financial markets. Yellen's remarks come in the wake of state interventions to save depositors at failed banks Signature and Silicon Valley Bank. Yellen touted the role of the state in the financial sector, sounding notes harkening back to previous eras of global finance that have been highlighted in recent weeks by some influential market commentators.
Topics:businessfinance#banking-policy#finance#financial-oversight#janet-yellen#trump-administration#wealth-inequality
- Yellen says Trump administration ‘decimated’ financial oversight The Hill
- Janet Yellen to Say Bank Rules Might Have Become Too Loose The Wall Street Journal
- Schwab Stock Slides On Downgrade; Yellen To Call For Tighter Bank Rules Investor's Business Daily
- Yellen says US bank rules may be too loose, need to be re-examined Reuters
- First Republic and Other Bank Stocks Rise as Yellen Seeks Tighter Regulations Barron's
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