Treasury Secretary Janet Yellen discusses response to recent bank collapses | full video

Treasury Secretary Janet Yellen addressed the Biden administration's response to recent bank collapses in a speech to the American Bankers Association in Washington, D.C. Yellen told the group that the government has a playbook if other financial institutions, like Silicon Valley Bank, collapse and pose a risk to the banking sector. "The situation is stabilizing, and the U.S. banking system remains sound," she said.

#news #banking #senate

[dblbogey]

“The Feds have a play book in case other banks collapse…”. Janet, your playbooks are killing us.

[bobby-ovqn]

Yellen is so over her head, it’s down right pitiful. Has no idea what she is doing.

[JJJ_JJ]

When they publicly announce how safe it is… that’s when you know it’s not.

[paranoidhumanoid]

She's reading from a script. It's all theatre.

[Myers]

This administration is 100% INCOMPETENT

[miopera]

Just my 2 cents:
#1- Yellen =fox in the hen house
#2- King has no clothes and people are laughing at Yellen trying to convince them otherwise

[michaelwinkelman]

I have to think that all these people in our government agencies have to create words and ways to creatively spread crappingoly.

[dblbogey]

Only press sec. KJP speaks more
than Janet Yellen and says nothing.

[infocrypt]

Welcome to the clown world, Yellens chocolate factory of absurd

[GardenerEarthGuy]

Be easier to have a stable currency, inflation is causing the instability- plus the bail out erased months of QT.

[lorijb]

How are those banks doing Biden😂😂, you lied again

[DaneRates]

Frankly this appears to be another way for business to Doge the law merge and Monopolize . (AKA DogeFrank law pass by President Obama and Congress)
If this article has any volitaty to it.

[emberspirit]

Reassure their customers that they are strong and resilient...even if ITS NOT THE CASE...Why tf ppl must be reassured by banks in smth...just give em THEIR MONEY theres NOTHING about reassurance in ANY contract between bank and depositor...The rules are simple u give me MY MONEY and STAY STRONG or WEAK...none of MY BUSINESS, Madam Yellen, u as treasury minister MUST BE FAMILIAR with that BASIC RULES...

[emberspirit]

Stop spending people, you increasing inflation...Let govt spend first then buy whats left😂😂😂🖑

[adambraun]

She’s Jewish, you can’t criticize her.

[huntncover]

Yeah, this banking system is working wonders, isn't it ? Everyone is " rich " and bankrupt at the same time . They've pulled off the impossible ! And the answer to all of this is to put more money into the system . Supertramp - " Everyone's a millionaire " . Even billionaires are a dime a dozen - you can be a child and a billionaire at the same time. At least for a little while . 🤣🤡😁🚌⚖️