Treasury Secretary Yellen speaks on the economy and health of the banking system — 3/21/23

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Treasury Secretary Janet Yellen will address bank leaders from across the country at the American Bankers Association's annual Washington Summit. She will deliver a keynote address and then join ABA President and CEO Rob Nichols in a conversation about the economy and the health of the banking system

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LIVE: Treasury Secretary Yellen speaks on the economy and health of the banking system — 3/21/23
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I have no confidence when Yellen has to read pre-prepared answers to pre-prepared questions.

FreedomFighter
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Thanks for all the soft-ball questions that already had answers drafted and literally read out. tool

chrisvillari
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She said and I quote “ there will be absolutely no bailout for SVB” . In less than 1 hour she flipped and said we will make depositors whole.

MudassiRShaikH
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She has answers already written down for each question. Lol

joshh
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“Appear weak when you are strong, and strong when you are weak” - Sun Tzu.

luxshanghai
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I'm really worried about the current bank crisis. If a bank as big as SVB could fail, I fear for a lot more. I know a friend who is running a high-growth startup, and was badly hit by the bank run. I have pulled out more than $340k from my bank. After all, the FDIC covers only up to$250, 000, and the implosion could have bad effect. Looking to invest into the stock market now. Does anyone know how I could go about it?

trazzpalmer
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Yellen is incredibly convincing here. In just 20 minutes she just convinced me to buy a lot more bitcoin.

danOH
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I always listen to Yellen with my playback speed at 1.25 !! I feel less tired and she sound smarter ... 🤣🤣

fannycasteel
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Bitcoin loves when the money printer goes

zedzed
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wtf is going on with this camera man? Is he checking his SVB account while on air?

zenzei_
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I think Yellen has caught the same disease that Sleepy Joe obviously has been suffering from for quite some

mark.a.winter
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Imagine feeling reassured by this dottering grandma 😂

Human_Person_
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Home prices costs are skyrocketing due to free lending programs at <3% for the fixed 30 years. Whatever smallest hope that the new buyers are having is mitigated by Fed actions. Thanks for making forever renters. New generations won’t be able to buy a house at all in their lifetime. Thanks for country who keeps injecting money in to the system but that money never reaches the needy.

YT_C
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Congress needs to implement Dave Ramsey's Baby Steps Program.

danielwendt
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Thank you for what ???
answer : collapse

titasdhar
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My Lord, . Is this the best we can do for a Treasury Secretary?

vaughnbay
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Lol. Why does she get to read from a script for q & a. We should have no faith that she has anything under control

FrankieDaBat
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Yeah okay, grandma, it's time for your nap. 😆😆😆

CounterRevolutionary
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what is the point of that speach beside delusinal banksters wanting to ensure fed is following their guideline...

kuntakinte
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She’s getting too old to run the money printer

Damannis