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Testimony of Secretary of the Treasury Janet L. Yellen Before the Financial Services and General Government Subcommittee, U.S. Senate
Chairman Van Hollen and Ranking Member Hagerty: thank you for inviting me to join you today. I would also like to thank you for your leadership of this subcommittee and support of the Treasury Department. Two years into this Administration, Treasury continues to serve at the forefront of our nation’s response to some of its most urgent challenges. We have advanced our country’s domestic and international economic priorities – thanks to the resources that you have provided us. Our top priority is to protect the health of the U.S. economy. Two weeks ago, we learned of problems at two banks that could have had ... (full story)
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U.S. TREASURY'S YELLEN: WE ARE NOT CONSIDERING INSURING ALL UNINSURED BANK DEPOSITS
— PiQ (@PriapusIQ) March 22, 2023
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*YELLEN: NOT CONSIDERING BROAD INCREASE IN DEPOSIT INSURANCE - BBG
— Christophe Barraud (@C_Barraud) March 22, 2023
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US Tsy Sec. Yellen: Small Or Community Bank Failure Could Trigger Bank Runs As Much As A Larger Bank Failure
— LiveSquawk (@LiveSquawk) March 22, 2023
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U.S. TREASURY'S YELLEN: WILL CONTINUE WITH CASE-BY CASE- DETERMINATOINS OF SYSTEMIC RISKS IN THE EVENT OF BANK FAILURES
— PiQ (@PriapusIQ) March 22, 2023