Taxpayer BAILOUT SVB Silicon Valley Bank #shorts

Taxpayer BAILOUT SVB Silicon Valley Bank #shorts
#senate #banking #yellen

Yellen "Depositors ARE NOT Fully Insured": Janet Yellen vs Senator James Lankford

Janet Yellen and Senator James Lanford get into heated argument over the recent collapse of U.S. banks. James Lankford asks Janet Yellen if all uninsured depositors will be protected by the government. Yellen says that the federal government will have the sole determination of whether other banks will be protected due to their importance to the financial system.

Janet Louise Yellen is an American economist who served as the 15th chair of the Federal Reserve from 2014 to 2018 and is currently serving as the 78th United States secretary of the treasury since January 26, 2021. She is the first woman to hold both positions.

James Paul Lankford is an American politician serving as the senior United States senator from Oklahoma, a seat he has held since 2015. He is a member of the Republican Party and previously served as the U.S. representative for Oklahoma’s 5th congressional district from 2011 to 2015.

Treasury Secretary Janet Yellen has testified in front of the Senate Finance Committee on several occasions. For example, she has testified on topics such as the president’s 2024 budget 1 and has stated that, despite recent bank collapses, the nation’s banking system “remains sound” and Americans “can feel confident” about their deposits

Janet Yellen has discussed a variety of topics with the Senate Finance Committee. Some of these topics include the president’s 2024 budget 1, banking and financial services for the cannabis industry 2, and inflation 34.

Thanks for watching the video and we hope you enjoyed this episode! If you would like more content like this every day, make sure to subscribe to our channel and hit the bell icon to be notified of our newest releases.

Our Top Videos
ChatGPT Will Make New Millionaires FAST

Elon Musk Opinion of ChatGPT

How to Invest as a BEGINNER: ULTIMATE GUIDE Peter Lynch

Disclaimers

Affiliate Disclaimer: We may or may not receive compensation from our affiliate sponsors in various forms including but not limited to cash and securities from viewers using our links. Although we vet and verify our affiliate partners, we take no responsibility for you, the viewer, using our affiliate links and by using our affiliate links you agree to release the owners, creators, employees, contractors, and all other related partners from any liability from using our affiliate links.

Investment Disclaimer: This information should not be construed as investment advice or as a recommendation to buy, sell, trade or invest in a particular security or investment in any form. All investing carries risks and you should consult a financial professional before participating in financial markets. Investments can lose some or all of their value and derivative contracts can result in losses beyond your total capital. Past performance is not indicative of future results. Although we try our best to provide accurate and timely videos, we make no warranties to the accuracy or timeliness of the information contained in our videos.

Legal Disclaimer: This information should not be construed as legal, financial, investment, tax, accounting, and or any other form of professional advice. Although we try our best to provide accurate and timely videos, we make no warranties to the accuracy or timeliness of the information contained in our videos. By watching our videos, you inherently agree to and fully understand these disclaimers.