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Report Video IssueTreasury Secretary Yellen: Our "Banking System Is Sound"
2023-03-16T10:18:55-04:00https://images.c-span.org/Files/308/001/1678976378_001.jpgTreasury Secretary Janet Yellen seeks to reassure lawmakers on Capitol Hill about the stability of the U.S. banking system following the collapse of Silicon Valley Bank and Signature Bank last week, telling them that "our banking system is sound" and that no tax payer money is being used. She says the government took "decisive and forceful actions to stabilize and strengthen public confidence in the financial system," including protecting depositors at the two failed banks and a new lending facility provided by the Federal Reserve to help financial institutions meet depositors' needs.
Treasury Secretary Janet Yellen seeks to reassure lawmakers on Capitol Hill about the stability of the U.S. banking system following the… read more
Treasury Secretary Janet Yellen seeks to reassure lawmakers on Capitol Hill about the stability of the U.S. banking system following the collapse of Silicon Valley Bank and Signature Bank last week, telling them that "our banking system is sound" and that no tax payer money is being used. She says the government took "decisive and forceful actions to stabilize and strengthen public confidence in the financial system," including protecting depositors at the two failed banks and a new lending facility provided by the Federal Reserve to help financial institutions meet depositors' needs. close
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- Ron Johnson U.S. Senator (Class 3) [R] Wisconsin
- John Thune U.S. Senator (Class 3) [R] South Dakota
- Michael Bennet U.S. Senator (Class 3) [D] Colorado
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- Maggie Hassan U.S. Senator [D] New Hampshire
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- Catherine Cortez Masto U.S. Senator (Class 3) [D] Nevada
- Bob Menendez U.S. Senator (Class 1) [D] New Jersey
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- Thom Tillis U.S. Senator (Class 2) [R] North Carolina
- Mark R. Warner U.S. Senator (Class 2) [D] Virginia
- Elizabeth Warren U.S. Senator (Class 1) [D] Massachusetts
- Sheldon Whitehouse U.S. Senator (Class 1) [D] Rhode Island
- Ron Wyden U.S. Senator (Class 3) [D] Oregon
- Janet L. Yellen Secretary Department of the Treasury
- Todd Young U.S. Senator (Class 3) [R] Indiana
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