janet yellen

Medium-Sized Banks Want More FDIC Protection
Medium-Sized Banks Want More FDIC Protection
March 19, 2023  |  Banking

America’s midsized banks want more federal protection to prevent runs on deposits. The Mid-Sized Bank Coalition (MSBC) has reportedly written to federal regulators asking that...

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The Week That Americans Watched a Bank Run in Real Time
The Week That Americans Watched a Bank Run in Real Time
March 18, 2023  |  Banking

Back in 1960s through the 1980s, there was a TV show titled “That Was the Week that Was.” The program was, largely, political satire. But...

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Yellen Says Community Banks Probably Won’t Get SVB Treatment
Yellen Says Community Banks Probably Won’t Get SVB Treatment
March 16, 2023  |  Banking

Treasury Secretary Janet Yellen isn’t playing favorites, just protecting the U.S. banking system. She told lawmakers Thursday (March 16) that “Americans can feel confident that...

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Report: First Republic Considers Sale After Downgrade
Report: First Republic Considers Sale After Downgrade
March 16, 2023  |  Banking

First Republic Bank is reportedly considering a sale after being downgraded by ratings agencies. The lender is also looking at options for boosting its liquidity,...

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Yellen Says No Bailout Planned for Silicon Valley Bank
Yellen Says No Bailout Planned for Silicon Valley Bank
March 12, 2023  |  Banking

Treasury Secretary Janet Yellen says the U.S. has no plans for a bailout of the collapsed Silicon Valley Bank. However, the federal government is working...

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Yellen Says Supply Chain Improvements Are Slowing Inflation
Yellen Says Supply Chain Improvements Are Slowing Inflation
January 13, 2023  |  Economy

An easing of supply chain pressures is driving a reduction in inflation. So said Treasury Secretary Janet Yellen during a Friday (Jan. 13) interview with National Public Radio (NPR)....

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EU Financial Services Boss Pushes US for Crypto Regulations
EU Financial Services Boss Pushes US for Crypto Regulations
October 18, 2022  |  Cryptocurrency

The European Union’s financial services boss stressed to leaders on Capitol Hill that it’s important for the U.S. to finalize regulations governing cryptocurrency oversight.   Mairead...

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Yellen Expects Inflation Through 2022, Economic Slowdown
Yellen Expects Inflation Through 2022, Economic Slowdown
June 19, 2022  |  Economy

There’s a high likelihood that the “unacceptably high” prices of recent months won’t recede in 2022, according to Treasury Secretary Janet Yellen, a report from...

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Yellen: Terra’s Fall Shows Stablecoin Dangers
Yellen: Terra’s Fall Shows Stablecoin Dangers
May 12, 2022  |  Cryptocurrency

U.S. Treasury Secretary Janet Yellen on Thursday (May 12) called for new regulations on stablecoins, citing the dramatic fall of the Terra token. “I wouldn’t...

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