Yellen to say US banking system ‘remains sound’ after Silicon Valley collapse
When she appears before the Senate finance committee this morning, Janet Yellen’s job will be to tell lawmakers that, despite the dramatic bank collapses of the past week, the America financial system is in good shape.
“I can reassure the members of the Committee that our banking system remains sound, and that Americans can feel confident that their deposits will be there when they need them,” the secretary…